Davis Rea’s Cloudflare NET Stock Holding History

Davis Rea’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
2026 Q1	$13.1M	Sell	63,384 -8,192	-11%	-$1.56M	3.41%	9
2025 Q4	$14.1M	Buy	71,576 +10,303	+17%	+$2.18M	3.53%	9
2025 Q3	$13.1M	Buy	61,273 +9,947	+19%	+$2.03M	3.19%	9
2025 Q2	$10.1M	Hold	51,326	–	–	2.49%	13
2025 Q1	$5.78M	Sell	51,326 -56,600	-52%	-$7.5M	1.54%	21
2024 Q4	$11.6M	Sell	107,926 -44,130	-29%	-$4.31M	5.88%	6
2024 Q3	$12.3M	Buy	152,056 +25,100	+20%	+$2.02M	5.35%	7
2024 Q2	$10.5M	Buy	126,956 +39,869	+46%	+$3.22M	5.26%	8
2024 Q1	$8.43M	Buy	+87,087	New	+$7.89M	3.84%	12
2023 Q2	–	Sell	-25,150	Closed	-$1.55M	–	43
2023 Q1	$1.55M	Sell	25,150 -40,000	-61%	-$2.19M	0.94%	30
2022 Q4	$2.94M	Buy	+65,150	New	+$3.22M	1.84%	24
2022 Q3	–	Sell	-80,300	Closed	-$3.51M	–	43
2022 Q2	$3.51M	Buy	+80,300	New	+$5.78M	1.05%	32

Other funds holding NET

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 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 $2.9T AUM 29.55% 1-Year Est. Return

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

Davis Rea's NET Position: Q1 2026 in Review

Davis Rea reduced its Cloudflare (NET) stake by 11% in Q1 2026, selling an estimated $1.56M and leaving 63,384 shares worth $13.1M. The position accounts for 3.41% of the portfolio, ranked #9.

Davis Rea first reported a position in NET in Q2 2022 and has held it in 12 quarters since. The position peaked at $14.1M in Q4 2025. 1,130 funds tracked by Wall St. Rank hold NET as of Q1 2026.

Davis Rea held 63,384 shares of Cloudflare worth $13.1M as of Q1 2026.
Davis Rea sold 8,192 Cloudflare shares in Q1 2026, an estimated $1.56M.
Cloudflare made up 3.41% of Davis Rea's portfolio in Q1 2026, its #9 holding.
Davis Rea first reported a position in Cloudflare in Q2 2022 and has held it in 12 quarters since.
Davis Rea's Cloudflare position peaked at $14.1M in Q4 2025.
1,130 funds tracked by Wall St. Rank held Cloudflare as of Q1 2026.

Based on Davis Rea's 13F filing for Q1 2026, filed 30 Apr 2026.