Graham Capital Management’s Cloudflare NET Stock Holding History

Graham Capital Management’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	$14.2M	Buy	68,903 +64,171	+1,356%	+$12.2M	0.34%	59
2025 Q4	$933K	Buy	4,732 +13	+0.3%	+$2.75K	0.02%	409
2025 Q3	$1.01M	Buy	4,719 +2,309	+96%	+$471K	0.02%	381
2025 Q2	$472K	Buy	+2,410	New	+$350K	0.01%	847
2025 Q1	–	Sell	-5,419	Closed	-$584K	–	1439
2024 Q4	$584K	Sell	5,419 -42,947	-89%	-$4.2M	0.01%	682
2024 Q3	$3.91M	Buy	48,366 +36,731	+316%	+$2.95M	0.07%	154
2024 Q2	$964K	Sell	11,635 -92,587	-89%	-$7.47M	0.02%	429
2024 Q1	$10.1M	Buy	104,222 +27,835	+36%	+$2.52M	0.19%	75
2023 Q4	$6.36M	Buy	+76,387	New	+$5.34M	0.14%	98
2023 Q2	–	Sell	-5,997	Closed	-$370K	–	1188
2023 Q1	$370K	Sell	5,997 -19,784	-77%	-$1.08M	0.01%	823
2022 Q4	$1.17M	Buy	+25,781	New	+$1.28M	0.04%	473
2022 Q1	–	Sell	-4,746	Closed	-$624K	–	979
2021 Q4	$624K	Buy	+4,746	New	+$795K	0.03%	139

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

Graham Capital Management's NET Position: Q1 2026 in Review

Graham Capital Management increased its Cloudflare (NET) stake by 1,356% in Q1 2026, buying an estimated $12.2M and bringing the position to 68,903 shares worth $14.2M. The position accounts for 0.34% of the portfolio, ranked #59.

Graham Capital Management first reported a position in NET in Q4 2021 and has held it in 12 quarters since. 1,130 funds tracked by Wall St. Rank hold NET as of Q1 2026.

Graham Capital Management held 68,903 shares of Cloudflare worth $14.2M as of Q1 2026.
Graham Capital Management bought 64,171 Cloudflare shares in Q1 2026, an estimated $12.2M.
Cloudflare made up 0.34% of Graham Capital Management's portfolio in Q1 2026, its #59 holding.
Graham Capital Management first reported a position in Cloudflare in Q4 2021 and has held it in 12 quarters since.
1,130 funds tracked by Wall St. Rank held Cloudflare as of Q1 2026.

Based on Graham Capital Management's 13F filing for Q1 2026, filed 15 May 2026.