Goldman Sachs’s Cloudflare NET Stock Holding History

Goldman Sachs’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	$13.4M	Sell	65,000 -41,700	-39%	-$7.95M	﹤0.01%	2811
2025 Q4	$21M	Hold	106,700	–	–	﹤0.01%	2325
2025 Q3	$22.9M	Hold	106,700	–	–	﹤0.01%	2125
2025 Q2	$20.9M	Sell	106,700 -270,200	-72%	-$39.2M	﹤0.01%	2095
2025 Q1	$42.5M	Buy	376,900 +368,400	+4,334%	+$48.8M	0.01%	1335
2024 Q4	$915K	Hold	8,500	–	–	﹤0.01%	4879
2024 Q3	$688K	Hold	8,500	–	–	﹤0.01%	4876
2024 Q2	$704K	Hold	8,500	–	–	﹤0.01%	4638
2024 Q1	$823K	Sell	8,500 -38,000	-82%	-$3.44M	﹤0.01%	4466
2023 Q4	$3.87M	Sell	46,500 -123,000	-73%	-$8.6M	﹤0.01%	3377
2023 Q3	$10.7M	Buy	+169,500	New	+$10.9M	﹤0.01%	2332
2022 Q2	–	Sell	-3,100	Closed	-$371K	–	6625
2022 Q1	$371K	Buy	+3,100	New	+$323K	﹤0.01%	5527
2021 Q4	–	Sell	-14,400	Closed	-$1.62M	–	6620
2021 Q3	$1.62M	Hold	14,400	–	–	﹤0.01%	4372
2021 Q2	$1.52M	Buy	+14,400	New	+$1.19M	﹤0.01%	4437
2020 Q4	–	Sell	-62,500	Closed	-$2.57M	–	5628
2020 Q3	$2.57M	Buy	+62,500	New	+$2.39M	﹤0.01%	3390

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

Goldman Sachs's NET Position: Q1 2026 in Review

Goldman Sachs increased its Cloudflare (NET) stake by 5.1% in Q1 2026, buying an estimated $22.6M and bringing the position to 2,452,366 shares worth $506M. The position accounts for 0.06% of the portfolio, ranked #343.

Goldman Sachs first reported a position in NET in Q3 2019 and has held it in 27 quarters since. The position peaked at $521M in Q3 2025. 1,132 funds tracked by Wall St. Rank hold NET as of Q1 2026.

Goldman Sachs held 2,452,366 shares of Cloudflare worth $506M as of Q1 2026.
Goldman Sachs bought 118,307 Cloudflare shares in Q1 2026, an estimated $22.6M.
Cloudflare made up 0.06% of Goldman Sachs's portfolio in Q1 2026, its #343 holding.
Goldman Sachs first reported a position in Cloudflare in Q3 2019 and has held it in 27 quarters since.
Goldman Sachs's Cloudflare position peaked at $521M in Q3 2025.
1,132 funds tracked by Wall St. Rank held Cloudflare as of Q1 2026.

Based on Goldman Sachs's 13F filing for Q1 2026, filed 15 May 2026.