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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, Q4 2025

Institutional positions in Cloudflare, Inc. as of Dec 31, 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
1,091
+70 vs. Q3 2025
Shares held
278.1M
+2.74M (+1.0%) vs. Q3 2025
Total value
$54.8B
−$4.19B (−7.1%) vs. Q3 2025
New holders
184
435 more added
Sold out
114
341 more reduced

18 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 1,091 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 heldQ4 2025: $54.8B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Cloudflare, Inc.; share changes are against Q3 2025.

Institutions holding NET in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dai-Ichi Life Insurance Company, Ltd13,457$2.65M0.07%+2,100+18.5%Added
Robeco Institutional Asset Management B.V.13,482$2.66M0.00%−5,693−29.7%Reduced
Rakuten Investment Management, Inc.13,254$2.66M0.01%−632,909−97.9%Reduced
Natixis13,562$2.67M0.01%−70,064−83.8%Reduced
Comerica Bank13,587$2.68M0.01%−44,386−76.6%Reduced
Migdal Insurance & Financial Holdings Ltd.13,800$2.72M0.02%−1,800−11.5%Reduced
Mutual of America Capital Management LLC13,857$2.73M0.03%+6,111+78.9%Added
Vident Advisory, LLC13,869$2.73M0.03%+1,143+9.0%Added
RDA Financial Network13,898$2.74M0.66%+251+1.8%Added
Coastal Investment Advisors, Inc.13,933$2.75M0.90%+422+3.1%Added
Intech Investment Management LLC13,938$2.75M0.02%+3,271+30.7%Added
Cannon Advisors, Inc.14,732$2.78M1.96%−1,352−8.4%Reduced
CIBC Asset Management Inc14,238$2.81M0.01%+1,183+9.1%Added
Livet Wealth, LLC14,481$2.85M1.76%+14,481New
B. Metzler seel. Sohn & Co. AG14,509$2.86M0.02%−1,662−10.3%Reduced
Goldstream Capital Management Ltd14,600$2.88M1.18%−7,578−34.2%Reduced
Manufacturers Life Insurance Company, The14,669$2.89M0.00%−2,621−15.2%Reduced
Edgestream Partners, L.P.14,779$2.91M0.08%+14,779New
Prudential PLC14,881$2.93M0.02%+113+0.8%Added
Hancock Whitney Corp15,062$2.97M0.05%−49−0.3%Reduced
Global Wealth Management Investment Advisory, Inc.15,227$3.00M0.48%+803+5.6%Added
PDT Partners, LLC15,292$3.01M0.20%−600−3.8%Reduced
Optas, LLC15,298$3.02M0.47%+14,063+1,138.7%Added
BI Asset Management Fondsmaeglerselskab A/S15,385$3.03M0.03%+348+2.3%Added
Maryland State Retirement & Pension System15,621$3.08M0.06%+400+2.6%Added
Taylor Frigon Capital Management LLC15,750$3.11M1.57%−267−1.7%Reduced
Abn Amro Investment Solutions15,803$3.12M0.05%+11,225+245.2%Added
GWM Advisors LLC15,850$3.12M0.01%−10,178−39.1%Reduced
Gulf International Bank (UK) Ltd15,898$3.13M0.10%00.0%Unchanged
Entropy Technologies, LP15,988$3.15M0.17%+15,988New
CWM, LLC16,123$3.18M0.01%+40.0%Added
Osmosis Investment Management UK Ltd16,181$3.19M0.08%+16,181New
Independent Solutions Wealth Management, LLC16,242$3.20M0.59%−730−4.3%Reduced
Farther Finance Advisors, LLC16,388$3.23M0.03%+830+5.3%Added
Robocap Asset Management Ltd16,401$3.23M2.89%−7,760−32.1%Reduced
SWS Partners16,631$3.28M0.79%−75−0.4%Reduced
D.A. Davidson & Co.16,748$3.30M0.02%−385−2.2%Reduced
Knollwood Investment Advisory, LLC16,800$3.31M0.31%00.0%Unchanged
Jones Financial Companies LLLP17,060$3.36M0.00%+429+2.6%Added
Sterling Capital Management LLC17,390$3.43M0.06%+1,791+11.5%Added
Nwi Management LP18,000$3.55M0.22%00.0%Unchanged
RFG Advisory, LLC18,766$3.70M0.07%−140−0.7%Reduced
TrueMark Investments, LLC19,005$3.75M0.72%−543−2.8%Reduced
Azzad Asset Management Inc19,083$3.76M0.37%+17+0.1%Added
Kentucky Retirement Systems19,375$3.82M0.10%00.0%Unchanged
Federation des caisses Desjardins du Quebec19,441$3.83M0.01%−3,932−16.8%Reduced
Meridian Wealth Management, LLC19,561$3.86M0.14%+12,775+188.3%Added
Summit Trail Advisors, LLC19,713$3.89M0.07%+481+2.5%Added
Occudo Quantitative Strategies LP19,853$3.91M0.26%+19,853New
Intesa Sanpaolo S.p.A.19,626$3.92M0.25%+19,626New
Oribel Capital Management, LP20,100$3.96M0.39%+11,400+131.0%Added
MetLife Investment Management20,248$3.99M0.02%+490+2.5%Added
Nicholas Investment Partners, LP20,472$4.04M0.29%00.0%Unchanged
Affinity Wealth Management LLC20,753$4.09M0.58%+832+4.2%Added
Viking Fund Management LLC21,000$4.14M0.48%00.0%Unchanged
Beacon Pointe Advisors, LLC21,167$4.17M0.03%−134−0.6%Reduced
Brinker Capital Investments, LLC21,297$4.20M0.03%+95+0.4%Added
Nia Impact Advisors, LLC21,392$4.22M1.42%+237+1.1%Added
Janney Montgomery Scott LLC21,732$4.28M0.01%−2,375−9.9%Reduced
Trexquant Investment LP21,879$4.31M0.04%+21,879New
Warm Springs Advisors Inc.22,198$4.38M3.39%00.0%Unchanged
NLB Skladi, upravljanje premozenja, d.o.o.22,252$4.39M0.20%+22,252New
TCG Advisory Services, LLC22,358$4.41M0.12%−276−1.2%Reduced
Numerai GP LLC22,867$4.51M0.54%+13,377+141.0%Added
ICONIQ Capital, LLC23,136$4.56M0.07%00.0%Unchanged
Voloridge Investment Management, LLC23,516$4.64M0.02%+22,483+2,176.5%Added
Mackenzie Financial Corp23,381$4.66M0.01%+2,667+12.9%Added
Perigon Wealth Management, LLC23,889$4.71M0.08%−4,792−16.7%Reduced
Norden Group LLC24,036$4.74M0.46%−458−1.9%Reduced
Engineers Gate Manager LP24,073$4.75M0.06%−35,545−59.6%Reduced
Allstate Corp24,080$4.75M0.06%+12,436+106.8%Added
Newbridge Financial Services Group, Inc.24,364$4.80M0.75%+4,602+23.3%Added
Banque Cantonale Vaudoise24,384$4.81M0.17%−8,726−26.4%Reduced
Spire Wealth Management24,671$4.86M0.16%+3,856+18.5%Added
Commerce Bank25,100$4.95M0.03%−3,826−13.2%Reduced
Clear Harbor Asset Management, LLC25,367$5.00M0.34%−513−2.0%Reduced
CI Private Wealth, LLC25,449$5.01M0.01%+1,673+7.0%Added
Rockefeller Capital Management L.P.25,571$5.04M0.01%−6,229−19.6%Reduced
Evercore Wealth Management, LLC25,580$5.04M0.07%00.0%Unchanged
Panagora Asset Management Inc25,825$5.09M0.02%+24,039+1,346.0%Added
Swiss Life Asset Management Ltd25,858$5.10M0.03%−2,851−9.9%Reduced
Nisa Investment Advisors, LLC25,933$5.11M0.02%+3,658+16.4%Added
Y.D. More Investments Ltd26,007$5.13M0.25%−1,587−5.8%Reduced
Kestra Advisory Services, LLC26,057$5.14M0.02%+228+0.9%Added
Amalgamated Bank26,649$5.25M0.04%+1,764+7.1%Added
Mercer Global Advisors Inc26,768$5.28M0.01%+313+1.2%Added
Alberta Investment Management Corp26,900$5.30M0.03%+26,900New
Lountzis Asset Management, LLC26,948$5.31M1.89%−1,609−5.6%Reduced
Tiaa Trust, National Association27,488$5.42M0.01%−1,883−6.4%Reduced
DekaBank Deutsche Girozentrale55,984$5.47M0.01%00.0%Unchanged
KP Management LLC27,786$5.48M1.71%00.0%Unchanged
Jasper Ridge Partners, L.P.27,835$5.49M0.12%00.0%Unchanged
Investment Management Corp of Ontario27,863$5.49M0.07%+8,133+41.2%Added
Thrivent Financial for Lutherans28,114$5.54M0.01%+28,114New
Holocene Advisors, LP28,412$5.60M0.01%+28,412New
ASR Vermogensbeheer N.V.28,637$5.65M0.07%+3,196+12.6%Added
Wiley Bros.-Aintree Capital, LLC28,942$5.71M0.03%−5,073−14.9%Reduced
VMS Asset Management Limited29,060$5.73M2.21%+29,060New
Spear Advisors LLC29,640$5.84M4.10%+29,640New
Sepio Capital, LP29,924$5.90M0.32%+648+2.2%Added