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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
Banco Bilbao Vizcaya Argentaria, S.A.67,065$13.3M0.09%+4,512+7.2%Added
Xponance, Inc.66,601$13.1M0.10%+2,883+4.5%Added
EFG International AG66,415$13.1M0.25%+66,415New
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund65,728$13.0M0.11%−2,200−3.2%Reduced
Oak Ridge Investments LLC65,150$12.8M0.78%+5,360+9.0%Added
Bank of Montreal65,141$12.8M0.01%−127,078−66.1%Reduced
Group One Trading, L.P.65,036$12.8M0.38%+42,909+193.9%Added
M&G Plc64,787$12.8M0.07%+5,575+9.4%Added
Teamwork Financial Advisors, LLC64,248$12.7M1.35%+62,104+2,896.6%Added
MML Investors Services, LLC64,168$12.7M0.03%+95+0.1%Added
IMC-Chicago, LLC63,835$12.6M0.22%+63,835New
Candriam Luxembourg S.C.A.63,086$12.4M0.06%+675+1.1%Added
IFM Investors Pty Ltd61,363$12.1M0.10%+1,859+3.1%Added
Assetmark, Inc61,113$12.0M0.02%+10,121+19.8%Added
Manchester Global Management (UK) Ltd59,510$11.7M1.58%−4,490−7.0%Reduced
Davy Global Fund Management Ltd59,478$11.7M0.81%−1,507−2.5%Reduced
Varma Mutual Pension Insurance Co58,480$11.5M0.07%−1,420−2.4%Reduced
QRG Capital Management, Inc.58,109$11.5M0.13%+6,201+11.9%Added
Acadian Asset Management LLC57,220$11.3M0.02%+19,537+51.8%Added
Commonwealth Equity Services, LLC56,317$11.1M0.01%−1,063−1.9%Reduced
Teacher Retirement System of Texas56,286$11.1M0.04%+15,620+38.4%Added
Cookson Peirce & Co Inc56,014$11.0M0.46%+56,014New
British Columbia Investment Management Corp55,519$10.9M0.06%+10,880+24.4%Added
Atika Capital Management LLC54,900$10.8M1.51%−43,110−44.0%Reduced
Eurizon Capital SGR S.p.A.54,867$10.8M0.03%+54,867New
AMJ Financial Wealth Management54,813$10.8M2.60%+144+0.3%Added
USS Investment Management Ltd53,654$10.6M0.05%−84−0.2%Reduced
Verition Fund Management LLC53,292$10.5M0.06%+31,702+146.8%Added
Exchange Traded Concepts, LLC52,788$10.4M0.09%+5,731+12.2%Added
Glynn Capital Management LLC52,682$10.4M3.57%−18,581−26.1%Reduced
PensionDanmark Pensionsforsikringsaktieselskab52,374$10.3M0.09%+52,374New
Lyell Wealth Management, LP52,369$10.3M0.75%+253+0.5%Added
Utah Retirement Systems51,245$10.1M0.10%+250+0.5%Added
Quantbot Technologies LP51,083$10.1M0.33%+51,083New
Empowered Funds, LLC50,447$9.95M0.17%+9,753+24.0%Added
Toronto Dominion Bank50,136$9.88M0.02%−40,360−44.6%Reduced
Archon Partners LLC50,000$9.86M1.03%−5,000−9.1%Reduced
Slow Capital, Inc.48,985$9.66M1.15%−1,870−3.7%Reduced
Natixis Advisors, L.P.48,740$9.61M0.01%+10,294+26.8%Added
Police & Firemen's Retirement System of New Jersey48,308$9.52M0.08%−1,407−2.8%Reduced
Prescott Group Capital Management, L.L.C.48,000$9.46M0.88%00.0%Unchanged
Andra AP-fonden47,931$9.45M0.12%+8,134+20.4%Added
JustInvest LLC47,371$9.34M0.09%−76−0.2%Reduced
Daiwa Securities Group Inc.46,716$9.21M0.03%+13,964+42.6%Added
AIA Group Ltd45,882$9.05M0.14%−17,871−28.0%Reduced
LGT Group Foundation45,045$8.99M0.10%+1,020+2.3%Added
Nordea Investment Management AB45,032$8.99M0.01%+858+1.9%Added
Capelight Capital Asset Management LP45,000$8.87M8.79%+45,000New
Bearing Point Capital, LLC44,539$8.78M1.37%+4,469+11.2%Added
Independent Financial Group, LLC44,001$8.67M0.19%−2,570−5.5%Reduced
Pathstone Holdings, LLC43,099$8.50M0.03%−1,169−2.6%Reduced
Caisse de Depot Et Placement du Quebec42,831$8.44M0.01%+6,162+16.8%Added
Main Management ETF Advisors, LLC42,281$8.34M0.30%+432+1.0%Added
Strategic Planning Group, LLC41,158$8.11M1.04%+2,601+6.7%Added
Public Sector Pension Investment Board41,000$8.08M0.03%+41,000New
Bridgewater Associates, LP40,897$8.06M0.03%+25,882+172.4%Added
Public Employees Retirement Association of Colorado40,533$7.99M0.03%+10,779+36.2%Added
Jackson Square Capital, LLC40,202$7.93M1.57%+463+1.2%Added
Nissay Asset Management Corp40,005$7.89M0.04%+788+2.0%Added
Ambassador Advisors, LLC39,732$7.83M1.15%−176−0.4%Reduced
Ethic Inc.38,982$7.69M0.12%+609+1.6%Added
Voleon Capital Management LP38,690$7.63M0.16%+19,888+105.8%Added
Jefferies Financial Group Inc.38,255$7.54M0.06%+35,173+1,141.2%Added
Simplex Trading, LLC37,976$7.49M0.21%+13,720+56.6%Added
Bank Julius Baer & Co. Ltd, Zurich37,072$7.35M0.02%+27,202+275.6%Added
Wealth Enhancement Advisory Services, LLC36,872$7.30M0.01%−381−1.0%Reduced
Ilmarinen Mutual Pension Insurance Co36,229$7.14M0.06%−26,771−42.5%Reduced
Wealthfront Advisers LLC35,938$7.09M0.02%+674+1.9%Added
Sanctuary Advisors, LLC35,564$7.01M0.04%+4,251+13.6%Added
Ieq Capital, LLC35,561$7.01M0.02%−11,921−25.1%Reduced
OP Asset Management Ltd35,471$6.99M0.08%+1,635+4.8%Added
Janus Henderson Group PLC35,335$6.97M0.00%+11,363+47.4%Added
Employees Retirement System of Texas35,223$6.94M0.06%−7,739−18.0%Reduced
O'Shaughnessy Asset Management, LLC34,869$6.87M0.04%−1,332−3.7%Reduced
Soltis Investment Advisors LLC34,166$6.74M0.44%+2,176+6.8%Added
Mirae Asset Global Investments Co., Ltd.34,061$6.72M0.02%+3,857+12.8%Added
Hantz Financial Services, Inc.33,539$6.61M0.10%−8,158−19.6%Reduced
US Bancorp33,403$6.59M0.01%−2,252−6.3%Reduced
Fifth Third Wealth Advisors LLC33,139$6.53M0.23%+50.0%Added
Motley Fool Asset Management LLC32,638$6.43M0.25%+8,586+35.7%Added
Walleye Capital LLC32,555$6.42M0.04%+29,518+971.9%Added
Lido Advisors, LLC30,845$6.37M0.03%+621+2.1%Added
Foundations Investment Advisors, LLC32,044$6.32M0.08%+8,075+33.7%Added
Cypress Point Investment Management LP31,079$6.13M1.32%+31,079New
Sumitomo Mitsui DS Asset Management Company, Ltd30,732$6.06M0.05%00.0%Unchanged
Cerity Partners LLC30,701$6.05M0.01%−2,835−8.5%Reduced
Capital Group Investment Management Pte. Ltd.30,683$6.05M0.98%−1,041−3.3%Reduced
Premier Fund Managers Ltd30,202$6.03M0.35%−14,998−33.2%Reduced
Macquarie Group Ltd30,274$5.97M0.03%−836,103−96.5%Reduced
Brown Advisory Inc30,263$5.97M0.01%+5,336+21.4%Added
Cushing Asset Management, LP30,000$5.91M0.34%00.0%Unchanged
Sepio Capital, LP29,924$5.90M0.32%+648+2.2%Added
Spear Advisors LLC29,640$5.84M4.10%+29,640New
VMS Asset Management Limited29,060$5.73M2.21%+29,060New
Wiley Bros.-Aintree Capital, LLC28,942$5.71M0.03%−5,073−14.9%Reduced
ASR Vermogensbeheer N.V.28,637$5.65M0.07%+3,196+12.6%Added
Holocene Advisors, LP28,412$5.60M0.01%+28,412New
Thrivent Financial for Lutherans28,114$5.54M0.01%+28,114New
Investment Management Corp of Ontario27,863$5.49M0.07%+8,133+41.2%Added
Jasper Ridge Partners, L.P.27,835$5.49M0.12%00.0%Unchanged