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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
KP Management LLC27,786$5.48M1.71%00.0%Unchanged
DekaBank Deutsche Girozentrale55,984$5.47M0.01%00.0%Unchanged
Tiaa Trust, National Association27,488$5.42M0.01%−1,883−6.4%Reduced
Lountzis Asset Management, LLC26,948$5.31M1.89%−1,609−5.6%Reduced
Alberta Investment Management Corp26,900$5.30M0.03%+26,900New
Mercer Global Advisors Inc26,768$5.28M0.01%+313+1.2%Added
Amalgamated Bank26,649$5.25M0.04%+1,764+7.1%Added
Kestra Advisory Services, LLC26,057$5.14M0.02%+228+0.9%Added
Y.D. More Investments Ltd26,007$5.13M0.25%−1,587−5.8%Reduced
Nisa Investment Advisors, LLC25,933$5.11M0.02%+3,658+16.4%Added
Swiss Life Asset Management Ltd25,858$5.10M0.03%−2,851−9.9%Reduced
Panagora Asset Management Inc25,825$5.09M0.02%+24,039+1,346.0%Added
Evercore Wealth Management, LLC25,580$5.04M0.07%00.0%Unchanged
Rockefeller Capital Management L.P.25,571$5.04M0.01%−6,229−19.6%Reduced
CI Private Wealth, LLC25,449$5.01M0.01%+1,673+7.0%Added
Clear Harbor Asset Management, LLC25,367$5.00M0.34%−513−2.0%Reduced
Commerce Bank25,100$4.95M0.03%−3,826−13.2%Reduced
Spire Wealth Management24,671$4.86M0.16%+3,856+18.5%Added
Banque Cantonale Vaudoise24,384$4.81M0.17%−8,726−26.4%Reduced
Newbridge Financial Services Group, Inc.24,364$4.80M0.75%+4,602+23.3%Added
Allstate Corp24,080$4.75M0.06%+12,436+106.8%Added
Engineers Gate Manager LP24,073$4.75M0.06%−35,545−59.6%Reduced
Norden Group LLC24,036$4.74M0.46%−458−1.9%Reduced
Perigon Wealth Management, LLC23,889$4.71M0.08%−4,792−16.7%Reduced
Mackenzie Financial Corp23,381$4.66M0.01%+2,667+12.9%Added
Voloridge Investment Management, LLC23,516$4.64M0.02%+22,483+2,176.5%Added
ICONIQ Capital, LLC23,136$4.56M0.07%00.0%Unchanged
Numerai GP LLC22,867$4.51M0.54%+13,377+141.0%Added
TCG Advisory Services, LLC22,358$4.41M0.12%−276−1.2%Reduced
NLB Skladi, upravljanje premozenja, d.o.o.22,252$4.39M0.20%+22,252New
Warm Springs Advisors Inc.22,198$4.38M3.39%00.0%Unchanged
Trexquant Investment LP21,879$4.31M0.04%+21,879New
Janney Montgomery Scott LLC21,732$4.28M0.01%−2,375−9.9%Reduced
Nia Impact Advisors, LLC21,392$4.22M1.42%+237+1.1%Added
Brinker Capital Investments, LLC21,297$4.20M0.03%+95+0.4%Added
Beacon Pointe Advisors, LLC21,167$4.17M0.03%−134−0.6%Reduced
Viking Fund Management LLC21,000$4.14M0.48%00.0%Unchanged
Affinity Wealth Management LLC20,753$4.09M0.58%+832+4.2%Added
Nicholas Investment Partners, LP20,472$4.04M0.29%00.0%Unchanged
MetLife Investment Management20,248$3.99M0.02%+490+2.5%Added
Oribel Capital Management, LP20,100$3.96M0.39%+11,400+131.0%Added
Intesa Sanpaolo S.p.A.19,626$3.92M0.25%+19,626New
Occudo Quantitative Strategies LP19,853$3.91M0.26%+19,853New
Summit Trail Advisors, LLC19,713$3.89M0.07%+481+2.5%Added
Meridian Wealth Management, LLC19,561$3.86M0.14%+12,775+188.3%Added
Federation des caisses Desjardins du Quebec19,441$3.83M0.01%−3,932−16.8%Reduced
Kentucky Retirement Systems19,375$3.82M0.10%00.0%Unchanged
Azzad Asset Management Inc19,083$3.76M0.37%+17+0.1%Added
TrueMark Investments, LLC19,005$3.75M0.72%−543−2.8%Reduced
RFG Advisory, LLC18,766$3.70M0.07%−140−0.7%Reduced
Nwi Management LP18,000$3.55M0.22%00.0%Unchanged
Sterling Capital Management LLC17,390$3.43M0.06%+1,791+11.5%Added
Jones Financial Companies LLLP17,060$3.36M0.00%+429+2.6%Added
Knollwood Investment Advisory, LLC16,800$3.31M0.31%00.0%Unchanged
D.A. Davidson & Co.16,748$3.30M0.02%−385−2.2%Reduced
SWS Partners16,631$3.28M0.79%−75−0.4%Reduced
Robocap Asset Management Ltd16,401$3.23M2.89%−7,760−32.1%Reduced
Farther Finance Advisors, LLC16,388$3.23M0.03%+830+5.3%Added
Independent Solutions Wealth Management, LLC16,242$3.20M0.59%−730−4.3%Reduced
Osmosis Investment Management UK Ltd16,181$3.19M0.08%+16,181New
CWM, LLC16,123$3.18M0.01%+40.0%Added
Entropy Technologies, LP15,988$3.15M0.17%+15,988New
Gulf International Bank (UK) Ltd15,898$3.13M0.10%00.0%Unchanged
GWM Advisors LLC15,850$3.12M0.01%−10,178−39.1%Reduced
Abn Amro Investment Solutions15,803$3.12M0.05%+11,225+245.2%Added
Taylor Frigon Capital Management LLC15,750$3.11M1.57%−267−1.7%Reduced
Maryland State Retirement & Pension System15,621$3.08M0.06%+400+2.6%Added
BI Asset Management Fondsmaeglerselskab A/S15,385$3.03M0.03%+348+2.3%Added
Optas, LLC15,298$3.02M0.47%+14,063+1,138.7%Added
PDT Partners, LLC15,292$3.01M0.20%−600−3.8%Reduced
Global Wealth Management Investment Advisory, Inc.15,227$3.00M0.48%+803+5.6%Added
Hancock Whitney Corp15,062$2.97M0.05%−49−0.3%Reduced
Prudential PLC14,881$2.93M0.02%+113+0.8%Added
Edgestream Partners, L.P.14,779$2.91M0.08%+14,779New
Manufacturers Life Insurance Company, The14,669$2.89M0.00%−2,621−15.2%Reduced
Goldstream Capital Management Ltd14,600$2.88M1.18%−7,578−34.2%Reduced
B. Metzler seel. Sohn & Co. AG14,509$2.86M0.02%−1,662−10.3%Reduced
Livet Wealth, LLC14,481$2.85M1.76%+14,481New
CIBC Asset Management Inc14,238$2.81M0.01%+1,183+9.1%Added
Cannon Advisors, Inc.14,732$2.78M1.96%−1,352−8.4%Reduced
Intech Investment Management LLC13,938$2.75M0.02%+3,271+30.7%Added
Coastal Investment Advisors, Inc.13,933$2.75M0.90%+422+3.1%Added
RDA Financial Network13,898$2.74M0.66%+251+1.8%Added
Vident Advisory, LLC13,869$2.73M0.03%+1,143+9.0%Added
Mutual of America Capital Management LLC13,857$2.73M0.03%+6,111+78.9%Added
Migdal Insurance & Financial Holdings Ltd.13,800$2.72M0.02%−1,800−11.5%Reduced
Comerica Bank13,587$2.68M0.01%−44,386−76.6%Reduced
Natixis13,562$2.67M0.01%−70,064−83.8%Reduced
Rakuten Investment Management, Inc.13,254$2.66M0.01%−632,909−97.9%Reduced
Robeco Institutional Asset Management B.V.13,482$2.66M0.00%−5,693−29.7%Reduced
Dai-Ichi Life Insurance Company, Ltd13,457$2.65M0.07%+2,100+18.5%Added
Amitell Capital Pte Ltd13,341$2.63M2.94%+1,447+12.2%Added
Grandview Asset Management LLC13,309$2.62M0.72%−297−2.2%Reduced
M&T Bank Corp13,122$2.59M0.01%+2,590+24.6%Added
Park Avenue Securities LLC13,058$2.57M0.02%−62−0.5%Reduced
National Bank of Canada13,040$2.57M0.00%−131,178−91.0%Reduced
AG2R la Mondiale Gestion D'Actifs12,941$2.55M0.11%+966+8.1%Added
Optiver Holding B.V.12,767$2.52M0.05%+12,767New
Interval Partners, LP12,548$2.47M0.06%−17,452−58.2%Reduced
Osbon Capital Management LLC12,456$2.46M2.30%+12,456New