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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
Bearing Point Capital, LLC40,070$8.60M1.48%−70.0%Reduced
Teacher Retirement System of Texas40,666$8.73M0.04%−6,221−13.3%Reduced
Empowered Funds, LLC40,694$8.73M0.09%+607+1.5%Added
Hantz Financial Services, Inc.41,697$8.95M0.14%−7,857−15.9%Reduced
Main Management ETF Advisors, LLC41,849$8.98M0.33%+16,927+67.9%Added
Employees Retirement System of Texas42,962$9.22M0.07%−17,041−28.4%Reduced
Swedbank AB43,878$9.42M0.01%+9,527+27.7%Added
Nordea Investment Management AB44,174$9.42M0.01%+2,174+5.2%Added
La Banque Postale Asset Management SA44,246$9.49M0.12%00.0%Unchanged
Pathstone Holdings, LLC44,268$9.50M0.04%+9,813+28.5%Added
LGT Group Foundation44,025$9.56M0.11%−14,629−24.9%Reduced
British Columbia Investment Management Corp44,639$9.58M0.05%−3,940−8.1%Reduced
Premier Fund Managers Ltd45,200$9.88M0.41%+1,600+3.7%Added
Independent Financial Group, LLC46,571$9.99M0.24%+7,827+20.2%Added
Agf Management Ltd46,986$10.1M0.04%−52,933−53.0%Reduced
Exchange Traded Concepts, LLC47,057$10.1M0.10%+3,816+8.8%Added
JustInvest LLC47,447$10.2M0.10%+1,070+2.3%Added
Ieq Capital, LLC47,482$10.2M0.03%+13,710+40.6%Added
Prescott Group Capital Management, L.L.C.48,000$10.3M1.09%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey49,715$10.7M0.09%+2,818+6.0%Added
Slow Capital, Inc.50,855$10.9M1.28%−3,111−5.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.62,186$10.9M0.03%+13,124+26.7%Added
Assetmark, Inc50,992$10.9M0.02%+2,746+5.7%Added
Utah Retirement Systems50,995$10.9M0.11%+602+1.2%Added
Union Bancaire Privee, UBP SA53,178$11.1M0.23%+2,614+5.2%Added
QRG Capital Management, Inc.51,908$11.1M0.13%−9,281−15.2%Reduced
Lyell Wealth Management, LP52,116$11.2M0.83%+293+0.6%Added
Private Advisory Group LLC53,480$11.5M1.00%−17,205−24.3%Reduced
USS Investment Management Ltd53,738$11.5M0.06%−62−0.1%Reduced
Canada Pension Plan Investment Board54,445$11.7M0.01%−151,975−73.6%Reduced
AMJ Financial Wealth Management54,669$11.7M2.84%+2,883+5.6%Added
Archon Partners LLC55,000$11.8M1.25%00.0%Unchanged
DekaBank Deutsche Girozentrale55,984$12.1M0.02%00.0%Unchanged
Commonwealth Equity Services, LLC57,380$12.3M0.02%−3,513−5.8%Reduced
Comerica Bank57,973$12.4M0.05%+8,278+16.7%Added
Susquehanna International Group, LLP58,799$12.6M0.02%−19,711−25.1%Reduced
Grandeur Peak Global Advisors, LLC58,832$12.6M1.69%−42,682−42.0%Reduced
M&G Plc59,212$12.7M0.07%+59,212New
Engineers Gate Manager LP59,618$12.8M0.15%+46,811+365.5%Added
Oak Ridge Investments LLC59,790$12.8M0.83%+1,072+1.8%Added
Varma Mutual Pension Insurance Co59,900$12.9M0.08%+4,800+8.7%Added
IFM Investors Pty Ltd59,504$12.9M0.11%+788+1.3%Added
Davy Global Fund Management Ltd60,985$13.1M0.89%+16,013+35.6%Added
Davis-Rea Ltd.61,273$13.1M3.19%+9,947+19.4%Added
Candriam Luxembourg S.C.A.62,411$13.4M0.07%+5,709+10.1%Added
Banco Bilbao Vizcaya Argentaria, S.A.62,553$13.4M0.10%+52,316+511.0%Added
Ilmarinen Mutual Pension Insurance Co63,000$13.5M0.10%00.0%Unchanged
Skandinaviska Enskilda Banken AB (publ)63,059$13.5M0.05%−1,884−2.9%Reduced
Xponance, Inc.63,718$13.7M0.11%+2,722+4.5%Added
AIA Group Ltd63,753$13.7M0.24%+7,997+14.3%Added
Generate Investment Management Ltd63,777$13.7M0.69%+38,484+152.2%Added
Manchester Global Management (UK) Ltd64,000$13.7M1.81%00.0%Unchanged
MML Investors Services, LLC64,073$13.7M0.04%+5,082+8.6%Added
Toroso Investments, LLC64,759$13.9M0.06%+40,075+162.4%Added
Silvant Capital Management LLC64,977$13.9M0.48%−1,689−2.5%Reduced
Allianz Asset Management GmbH65,182$14.0M0.02%+49,749+322.4%Added
Stony Point Capital LLC66,353$14.2M1.00%+66,353New
Quantinno Capital Management LP66,439$14.3M0.04%+9,187+16.0%Added
Forsta Ap-Fonden67,000$14.4M0.09%+3,800+6.0%Added
Man Group plc67,529$14.5M0.03%+10,860+19.2%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund67,928$14.6M0.13%+800+1.2%Added
Creative Planning70,605$15.2M0.01%+11,544+19.5%Added
Glynn Capital Management LLC71,263$15.3M4.83%−35,603−33.3%Reduced
Berkshire Capital Holdings Inc72,990$15.7M4.76%−29,240−28.6%Reduced
Ci Investments Inc.73,907$15.9M0.06%−3,736−4.8%Reduced
Avalon Global Asset Management LLC75,400$16.2M3.71%00.0%Unchanged
Captrust Financial Advisors75,420$16.2M0.03%+11,795+18.5%Added
TD Asset Management Inc80,473$17.3M0.01%+3,633+4.7%Added
Sentinel Trust Co Lba80,718$17.3M1.77%00.0%Unchanged
Truist Financial Corp81,062$17.4M0.02%−3,928−4.6%Reduced
Baker Chad R81,305$17.4M3.00%−14,595−15.2%Reduced
Mariner, LLC81,419$17.5M0.02%−36,615−31.0%Reduced
Gotham Asset Management, LLC82,788$17.8M0.08%+31,423+61.2%Added
Natixis83,626$17.9M0.10%+83,626New
HighTower Advisors, LLC86,057$18.5M0.02%+761+0.9%Added
Parkwood LLC87,750$18.8M1.84%+87,750New
Cetera Investment Advisers88,419$19.0M0.02%−3,820−4.1%Reduced
RMB Capital Management, LLC90,101$19.3M0.36%−8,460−8.6%Reduced
Alyeska Investment Group, L.P.90,230$19.4M0.06%+31,339+53.2%Added
Toronto Dominion Bank90,496$19.4M0.04%+34,401+61.3%Added
Cambridge Investment Research Advisors, Inc.90,916$19.5M0.05%−4,392−4.6%Reduced
Arizona State Retirement System91,639$19.7M0.10%+1,398+1.5%Added
Fiera Capital Corp92,116$19.8M0.06%+15,932+20.9%Added
RPG Investment Advisory, LLC93,136$20.0M2.36%−19,206−17.1%Reduced
DnB Asset Management AS93,642$20.1M0.08%+30,299+47.8%Added
Resona Asset Management Co.,Ltd.94,185$20.3M0.10%−7,733−7.6%Reduced
Walleye Trading LLC95,195$20.4M0.33%+10,974+13.0%Added
Jane Street Group, LLC97,784$21.0M0.02%−42,978−30.5%Reduced
Atika Capital Management LLC98,010$21.0M1.79%+29,209+42.5%Added
Lansforsakringar Fondforvaltning AB (publ)98,533$21.1M0.11%+2,470+2.6%Added
Vontobel Holding Ltd.100,768$21.6M0.07%+24,268+31.7%Added
Picton Mahoney Asset Management101,509$21.8M0.28%−27,886−21.6%Reduced
Stifel Financial Corp102,153$21.9M0.02%+20,923+25.8%Added
Whittier Trust Co of Nevada Inc104,186$22.6M0.48%+4,325+4.3%Added
NZS Capital, LLC105,753$22.7M0.69%−194,752−64.8%Reduced
Advisor Group Holdings, Inc.107,740$23.0M0.03%+48,826+82.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)107,764$23.1M0.05%−9,651−8.2%Reduced
State of New Jersey Common Pension Fund D108,670$23.3M0.09%+4,706+4.5%Added
KLP Kapitalforvaltning AS112,700$24.2M0.10%+400+0.4%Added
Erste Asset Management GmbH111,898$24.5M0.24%−1,220−1.1%Reduced