HCM
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Hitchwood Capital Management’s Cloudflare NET Stock Holding History

Hitchwood 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
2022
Q1 		– Sell
-325,000
Closed -$42.7M – 43
2021
Q4 		$42.7M Sell
325,000
-175,000
-35% -$29.3M 1.45% 20
2021
Q3 		$56.3M Hold
500,000
– – 1.63% 21
2021
Q2 		$52.9M Hold
500,000
– – 0.97% 24
2021
Q1 		$35.1M Hold
500,000
– – 0.8% 35
2020
Q4 		$38M Hold
500,000
– – 0.65% 37
2020
Q3 		$20.5M Buy
500,000
+200,000
+67% +$7.66M 0.54% 41
2020
Q2 		$10.8M Buy
300,000
+50,000
+20% +$1.4M 0.5% 39
2020
Q1 		$5.87M Buy
+250,000
New +$4.86M 0.48% 34

Other funds holding NET

Morgan Stanley
Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Sands Capital Management
Sands Capital Management Arlington, Virginia $26.9B AUM 34.44% 1-Year Est. Return
First Trust Advisors
First Trust Advisors Wheaton, Illinois $170B AUM 46.21% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Hitchwood Capital Management's NET Position: Q1 2022 in Review

Hitchwood Capital Management sold out of Cloudflare (NET) in Q1 2022, closing a stake of 325,000 shares — an estimated $42.7M sold.

Hitchwood Capital Management first reported a position in NET in Q1 2020 and held it in 8 quarters. The position peaked at $56.3M in Q3 2021. 640 funds tracked by Wall St. Rank hold NET as of Q1 2022.

  • Hitchwood Capital Management reported no remaining Cloudflare position as of Q1 2022 after selling out during the quarter.
  • Hitchwood Capital Management sold 325,000 Cloudflare shares in Q1 2022, an estimated $42.7M.
  • Hitchwood Capital Management first reported a position in Cloudflare in Q1 2020 and held it in 8 quarters.
  • Hitchwood Capital Management's Cloudflare position peaked at $56.3M in Q3 2021.
  • 640 funds tracked by Wall St. Rank held Cloudflare as of Q1 2022.

Based on Hitchwood Capital Management's 13F filing for Q1 2022, filed 16 May 2022.