Polar Capital’s Cloudflare NET Stock Holding History

Polar Capital’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
2020 Q3	$70.6M	Sell	1,718,553 -194,541	-10%	-$7.45M	0.52%	57
2020 Q2	$68.8M	Sell	1,913,094 -1,175,643	-38%	-$32.8M	0.59%	49
2020 Q1	$72.5M	Buy	3,088,737 +2,777,990	+894%	+$54M	0.78%	29
2019 Q4	$5.3M	Buy	310,747 +185,747	+149%	+$3.16M	0.05%	232
2019 Q3	$2.32M	Buy	+125,000	New	+$2.42M	0.02%	255

Other funds holding NET

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

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

VMV

Venrock Management V Palo Alto, California $719M AUM

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

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

GGHC

Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Holocene Advisors New York $41.5B AUM 42.97% 1-Year Est. Return

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

Polar Capital's NET Position: Q3 2020 in Review

Polar Capital reduced its Cloudflare (NET) stake by 10% in Q3 2020, selling an estimated $7.45M and leaving 1,718,553 shares worth $70.6M. The position accounts for 0.52% of the portfolio, ranked #57.

Polar Capital first reported a position in NET in Q3 2019 and has held it in 5 quarters since. The position peaked at $72.5M in Q1 2020. 316 funds tracked by Wall St. Rank hold NET as of Q3 2020.

Polar Capital held 1,718,553 shares of Cloudflare worth $70.6M as of Q3 2020.
Polar Capital sold 194,541 Cloudflare shares in Q3 2020, an estimated $7.45M.
Cloudflare made up 0.52% of Polar Capital's portfolio in Q3 2020, its #57 holding.
Polar Capital first reported a position in Cloudflare in Q3 2019 and has held it in 5 quarters since.
Polar Capital's Cloudflare position peaked at $72.5M in Q1 2020.
316 funds tracked by Wall St. Rank held Cloudflare as of Q3 2020.

Based on Polar Capital's 13F filing for Q3 2020, filed 16 Nov 2020.