NEA Management Company’s Cloudflare NET Stock Holding History

NEA Management Company’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
2023 Q2	–	Sell	-1,249,215	Closed	-$77M	–	46
2023 Q1	$77M	Sell	1,249,215 -624,608	-33%	-$34.2M	5.32%	6
2022 Q4	$84.7M	Sell	1,873,823 -3,687	-0.2%	-$182K	4.76%	6
2022 Q3	$104M	Hold	1,877,510	–	–	5.18%	7
2022 Q2	$82.1M	Hold	1,877,510	–	–	4.22%	6
2022 Q1	$225M	Hold	1,877,510	–	–	6.49%	5
2021 Q4	$247M	Buy	1,877,510 +987,751	+111%	+$166M	4.99%	5
2021 Q3	$100M	Sell	889,759 -1,873,824	-68%	-$224M	1.19%	12
2021 Q2	$292M	Hold	2,763,583	–	–	3.81%	3
2021 Q1	$194M	Hold	2,763,583	–	–	4.36%	5
2020 Q4	$212M	Hold	2,763,583	–	–	5.6%	5
2020 Q3	$11.3M	Sell	2,763,583 -1,295,793	-32%	-$49.6M	0.48%	37
2020 Q2	$146M	Hold	4,059,376	–	–	5.87%	7
2020 Q1	$95.3M	Hold	4,059,376	–	–	4.98%	5
2019 Q4	$71.2M	Hold	4,059,376	–	–	3.37%	11
2019 Q3	$75.4M	Buy	+4,059,376	New	+$78.5M	6.24%	5

Other funds holding NET

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

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

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

VOYA Investment Management Atlanta, Georgia $96.1B AUM 40.06% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

NEA Management Company's NET Position: Q2 2023 in Review

NEA Management Company sold out of Cloudflare (NET) in Q2 2023, closing a stake of 1,249,215 shares — an estimated $77M sold.

NEA Management Company first reported a position in NET in Q3 2019 and held it in 15 quarters. The position peaked at $292M in Q2 2021. 560 funds tracked by Wall St. Rank hold NET as of Q2 2023.

NEA Management Company reported no remaining Cloudflare position as of Q2 2023 after selling out during the quarter.
NEA Management Company sold 1,249,215 Cloudflare shares in Q2 2023, an estimated $77M.
NEA Management Company first reported a position in Cloudflare in Q3 2019 and held it in 15 quarters.
NEA Management Company's Cloudflare position peaked at $292M in Q2 2021.
560 funds tracked by Wall St. Rank held Cloudflare as of Q2 2023.

Based on NEA Management Company's 13F filing for Q2 2023, filed 11 Aug 2023.