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Cloudflare, Inc.

NET
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001477333

In the last 90 days, Cloudflare, Inc. insiders filed 0 open-market purchases and 23 sales; 1,228 institutions reported holding it in 13F filings for Q2 2026, worth $69.8B in total; superinvestors ARK Invest and Soros Fund Management hold it.

13F holders, Q3 2025

Institutional positions in Cloudflare, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,039
+106 vs. Q2 2025
Shares held
276.0M
+1.39M (+0.5%) vs. Q2 2025
Total value
$59.1B
+$5.40B (+10.0%) vs. Q2 2025
New holders
176
407 more added
Sold out
70
320 more reduced

14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NET on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 1,039 institutions
Q1 2021: 507 institutionsQ2 2021: 537 institutionsQ3 2021: 620 institutionsQ4 2021: 681 institutionsQ1 2022: 641 institutionsQ2 2022: 550 institutionsQ3 2022: 563 institutionsQ4 2022: 550 institutionsQ1 2023: 572 institutionsQ2 2023: 560 institutionsQ3 2023: 573 institutionsQ4 2023: 678 institutionsQ1 2024: 709 institutionsQ2 2024: 652 institutionsQ3 2024: 680 institutionsQ4 2024: 772 institutionsQ1 2025: 872 institutionsQ2 2025: 947 institutionsQ3 2025: 1,039 institutionsQ4 2025: 1,091 institutionsQ1 2026: 1,139 institutionsQ2 2026: 1,228 institutions
Value heldQ3 2025: $59.1B
Q1 2021: $13.7BQ2 2021: $22.6BQ3 2021: $24.6BQ4 2021: $29.8BQ1 2022: $28.0BQ2 2022: $10.3BQ3 2022: $12.9BQ4 2022: $10.9BQ1 2023: $15.1BQ2 2023: $16.0BQ3 2023: $15.8BQ4 2023: $20.7BQ1 2024: $24.2BQ2 2024: $21.1BQ3 2024: $20.7BQ4 2024: $28.4BQ1 2025: $29.8BQ2 2025: $54.3BQ3 2025: $59.1BQ4 2025: $54.8BQ1 2026: $57.1BQ2 2026: $69.8B
Institutions holding NET and their total value by quarter
QuarterHoldersValue
Q2 20261,228$69.8B
Q1 20261,139$57.1B
Q4 20251,091$54.8B
Q3 20251,039$59.1B
Q2 2025947$54.3B
Q1 2025872$29.8B
Q4 2024772$28.4B
Q3 2024680$20.7B
Q2 2024652$21.1B
Q1 2024709$24.2B
Q4 2023678$20.7B
Q3 2023573$15.8B
Q2 2023560$16.0B
Q1 2023572$15.1B
Q4 2022550$10.9B
Q3 2022563$12.9B
Q2 2022550$10.3B
Q1 2022641$28.0B
Q4 2021681$29.8B
Q3 2021620$24.6B
Q2 2021537$22.6B
Q1 2021507$13.7B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q2 2025.

Institutions holding NET in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
UBS Group AG902,188$193.6M0.04%−421,112−31.8%Reduced
Squarepoint Ops LLC902,237$193.6M0.41%+622,791+222.9%Added
Bank of New York Mellon Corp1,061,602$227.8M0.04%−120,695−10.2%Reduced
Lord, Abbett & Co. LLC1,077,635$231.3M0.69%+100,195+10.3%Added
Raymond James Financial Inc1,095,528$235.1M0.08%−87,444−7.4%Reduced
Strategy Capital LLC1,162,938$249.6M16.51%−3,004−0.3%Reduced
Two Sigma Investments, LP1,236,964$265.4M0.41%−126,250−9.3%Reduced
Wellington Management Group LLP1,255,734$269.5M0.05%−7,099−0.6%Reduced
Pictet Asset Management Holding SA1,265,387$271.6M0.26%−111,620−8.1%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,276,051$273.8M0.16%−120,215−8.6%Reduced
Massachusetts Financial Services Co1,302,893$279.6M0.09%+639,245+96.3%Added
1832 Asset Management L.P.1,325,700$284.5M0.48%−624,200−32.0%Reduced
Price T Rowe Associates Inc1,355,506$290.9M0.03%+180,087+15.3%Added
Deutsche Bank AG1,380,866$296.3M0.10%−74,539−5.1%Reduced
Charles Schwab Investment Management Inc1,466,542$314.7M0.05%+97,636+7.1%Added
Two Sigma Advisers, LP1,534,300$329.2M0.66%+834,400+119.2%Added
Royal Bank of Canada1,780,954$382.2M0.07%+568,898+46.9%Added
Polar Capital Holdings Plc1,793,515$384.9M1.86%−120,443−6.3%Reduced
Gilder Gagnon Howe & Co LLC1,836,430$394.1M4.02%−119,429−6.1%Reduced
Northern Trust Corp1,909,120$409.7M0.05%+21,715+1.2%Added
Bank of America Corp2,228,356$478.2M0.04%+920,826+70.4%Added
Voya Investment Management LLC2,247,545$482.3M0.48%−393,854−14.9%Reduced
Goldman Sachs Group Inc2,428,968$521.2M0.08%+623,575+34.5%Added
UBS Asset Management Americas Inc2,483,901$533.0M0.12%−358,895−12.6%Reduced
Legal & General Group Plc2,693,645$578.0M0.13%−231,819−7.9%Reduced
American Century Companies Inc2,931,057$629.0M0.32%−46,166−1.6%Reduced
Franklin Resources Inc3,165,536$679.3M0.17%−372,795−10.5%Reduced
Sands Capital Management, LLC3,808,319$817.2M2.25%−1,120,555−22.7%Reduced
First Trust Advisors LP3,955,959$848.9M0.63%−493,164−11.1%Reduced
Invesco Ltd.3,964,733$850.8M0.13%+49,485+1.3%Added
Geode Capital Management, LLC5,776,194$1.24B0.08%+239,515+4.3%Added
State Street Corp6,810,392$1.46B0.05%+202,732+3.1%Added
JPMorgan Chase & Co10,561,205$2.27B0.14%+3,435,573+48.2%Added
FMR LLC13,248,725$2.84B0.15%−1,063,016−7.4%Reduced
Morgan Stanley19,011,192$4.08B0.25%−1,022,279−5.1%Reduced
Baillie Gifford & Co21,848,740$4.69B3.47%−3,676,391−14.4%Reduced
BlackRock, Inc.22,632,359$4.86B0.09%+1,190,316+5.6%Added
Vanguard Group Inc32,317,249$6.93B0.10%+821,684+2.6%Added
Capital World Investors40,515,386$8.69B1.19%−292,102−0.7%Reduced
AXA S.A.0$00.00%−259,364−100.0%Sold out
Linden Advisors LP0$00.00%−248,523−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−247,726−100.0%Sold out
Susquehanna Advisors Group, Inc.0$00.00%−81,790−100.0%Sold out
Long Walk Management LP0$00.00%−81,765−100.0%Sold out
Maytus Capital Management, LLC0$00.00%−45,464−100.0%Sold out
Square Peg Capital Pty Ltd0$00.00%−42,259−100.0%Sold out
NWK Group, Inc.0$00.00%−31,663−100.0%Sold out
LMR Partners LLP0$00.00%−30,000−100.0%Sold out
Aequim Alternative Investments LP0$00.00%−23,519−100.0%Sold out
Entropy Technologies, LP0$00.00%−19,427−100.0%Sold out
Consolidated Press International Holdings Ltd0$00.00%−18,360−100.0%Sold out
Donoghue Forlines LLC0$00.00%−15,042−100.0%Sold out
Sandler Capital Management0$00.00%−14,678−100.0%Sold out
Bulltick Wealth Management, LLC0$00.00%−12,524−100.0%Sold out
Keystone Investors Pte Ltd0$00.00%−12,138−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−11,051−100.0%Sold out
Integrated Advisors Network LLC0$00.00%−8,264−100.0%Sold out
Bank of Hawaii0$00.00%−7,415−100.0%Sold out
Ewing Morris & Co. Investment Partners Ltd.0$00.00%−6,346−100.0%Sold out
SPX Equities Gestao de Recursos Ltda0$00.00%−6,000−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−5,980−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−5,875−100.0%Sold out
MYDA Advisors LLC0$00.00%−5,500−100.0%Sold out
ASB Consultores, LLC0$00.00%−4,555−100.0%Sold out
Pacific Capital Partners Ltd0$00.00%−4,285−100.0%Sold out
Bryce Point Capital, LLC0$00.00%−4,161−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−4,091−100.0%Sold out
DRW Securities, LLC0$00.00%−3,739−100.0%Sold out
Sender Co & Partners, Inc.0$00.00%−3,373−100.0%Sold out
Morse Asset Management, Inc0$00.00%−3,300−100.0%Sold out
Colonial River Wealth Management, LLC0$00.00%−3,099−100.0%Sold out
Challenger Wealth Management0$00.00%−2,318−100.0%Sold out
BOCHK Asset Management Ltd0$00.00%−2,000−100.0%Sold out
J. Goldman & Co LP0$00.00%−1,451−100.0%Sold out
Nwam LLC0$00.00%−1,275−100.0%Sold out
Strategy Asset Managers LLC0$00.00%−1,351−100.0%Sold out
Pensionmark Financial Group, LLC0$00.00%−1,301−100.0%Sold out
Proficio Capital Partners LLC0$00.00%−1,204−100.0%Sold out
Aptus Capital Advisors, LLC0$00.00%−1,189−100.0%Sold out
Archetype Wealth Partners0$00.00%−1,180−100.0%Sold out
Lion Street Advisors, LLC0$00.00%−1,150−100.0%Sold out
Polymer Capital Management (HK) LTD0$00.00%−1,150−100.0%Sold out
Diversified Enterprises, LLC0$00.00%−1,149−100.0%Sold out
Integrity Wealth Solutions LLC0$00.00%−1,120−100.0%Sold out
Security National Bank0$00.00%−1,074−100.0%Sold out
GeoWealth Management, LLC0$00.00%−768−100.0%Sold out
Keystone Global Partners, LLC0$00.00%−563−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−518−100.0%Sold out
Park Square Financial Group, LLC0$00.00%−478−100.0%Sold out
Symmetry Peak Management LLC0$00.00%−290−100.0%Sold out
Whipplewood Advisors, LLC0$00.00%−253−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−143−100.0%Sold out
V-Square Quantitative Management LLC0$00.00%−118−100.0%Sold out
Riggs Asset Managment Co. Inc.0$00.00%−115−100.0%Sold out
Total Investment Management Inc0$00.00%−101−100.0%Sold out
Vermillion Wealth Management, Inc.0$00.00%−100−100.0%Sold out
Sierra Ocean, LLC0$00.00%−86−100.0%Sold out
Briaud Financial Planning, Inc0$00.00%−85−100.0%Sold out
Fuller & Thaler Asset Management, Inc.0$00.00%−55−100.0%Sold out
Vision Financial Markets LLC0$00.00%−50−100.0%Sold out