Ray Dalio’s Cloudflare NET Stock Holding History

Ray Dalio’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	$1.81M	Sell	8,758 -32,139	-79%	-$6.13M	0.01%	679
2025 Q4	$8.06M	Buy	40,897 +25,882	+172%	+$5.47M	0.03%	406
2025 Q3	$3.22M	Buy	+15,015	New	+$3.07M	0.01%	598
2022 Q4	–	Sell	-47,979	Closed	-$2.65M	–	907
2022 Q3	$2.65M	Buy	47,979 +41,038	+591%	+$2.44M	0.01%	500
2022 Q2	$304K	Sell	6,941 -108,901	-94%	-$7.84M	﹤0.01%	943
2022 Q1	$13.9M	Buy	+115,842	New	+$12.1M	0.06%	232
2021 Q1	–	Sell	-20,619	Closed	-$1.57M	–	558
2020 Q4	$1.57M	Buy	+20,619	New	+$1.35M	0.01%	333

Other funds holding NET

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 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 $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Ray Dalio's NET Position: Q1 2026 in Review

Ray Dalio reduced its Cloudflare (NET) stake by 79% in Q1 2026, selling an estimated $6.13M and leaving 8,758 shares worth $1.81M. The position accounts for 0.01% of the portfolio, ranked #679.

Ray Dalio first reported a position in NET in Q4 2020 and has held it in 7 quarters since. The position peaked at $13.9M in Q1 2022. 1,134 funds tracked by Wall St. Rank hold NET as of Q1 2026.

Ray Dalio held 8,758 shares of Cloudflare worth $1.81M as of Q1 2026.
Ray Dalio sold 32,139 Cloudflare shares in Q1 2026, an estimated $6.13M.
Cloudflare made up 0.01% of Ray Dalio's portfolio in Q1 2026, its #679 holding.
Ray Dalio first reported a position in Cloudflare in Q4 2020 and has held it in 7 quarters since.
Ray Dalio's Cloudflare position peaked at $13.9M in Q1 2022.
1,134 funds tracked by Wall St. Rank held Cloudflare as of Q1 2026.

Based on Bridgewater Associates's 13F filing for Q1 2026, filed 15 May 2026.