Bank of Montreal’s Cloudflare NET Stock Holding History

Bank of Montreal’s Portfolio NET Stock Details NET Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-62,500	Closed	-$7.04M	–	3660
2025 Q1	$7.04M	Hold	62,500	–	–	﹤0.01%	1056
2024 Q4	$6.73M	Hold	62,500	–	–	﹤0.01%	1109
2024 Q3	$5.1M	Buy	62,500 +22,900	+58%	+$1.84M	﹤0.01%	1299
2024 Q2	$3.29M	Buy	+39,600	New	+$3.2M	﹤0.01%	1441
2023 Q2	–	Sell	-100,000	Closed	-$6.21M	–	4194
2023 Q1	$6.21M	Sell	100,000 -55,000	-35%	-$3.01M	﹤0.01%	1139
2022 Q4	$7.02M	Hold	155,000	–	–	﹤0.01%	1137
2022 Q3	$9.23K	Buy	155,000 +5,000	+3%	+$297K	﹤0.01%	1033
2022 Q2	$7.44K	Buy	150,000 +100,000	+200%	+$7.2M	﹤0.01%	1200
2022 Q1	$6.44M	Buy	+50,000	New	+$5.21M	﹤0.01%	1360

Other funds holding NET

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Bank of Montreal's NET Position: Q1 2026 in Review

Bank of Montreal reduced its Cloudflare (NET) stake by 1.6% in Q1 2026, selling an estimated $202K and leaving 64,084 shares worth $13.2M. The position accounts for ﹤0.01% of the portfolio, ranked #993.

Bank of Montreal first reported a position in NET in Q4 2019 and has held it in 26 quarters since. The position peaked at $110M in Q3 2021. 1,135 funds tracked by Wall St. Rank hold NET as of Q1 2026.

Bank of Montreal held 64,084 shares of Cloudflare worth $13.2M as of Q1 2026.
Bank of Montreal sold 1,057 Cloudflare shares in Q1 2026, an estimated $202K.
Cloudflare made up ﹤0.01% of Bank of Montreal's portfolio in Q1 2026, its #993 holding.
Bank of Montreal first reported a position in Cloudflare in Q4 2019 and has held it in 26 quarters since.
Bank of Montreal's Cloudflare position peaked at $110M in Q3 2021.
1,135 funds tracked by Wall St. Rank held Cloudflare as of Q1 2026.

Based on Bank of Montreal's 13F filing for Q1 2026, filed 13 May 2026.