Select Equity Group’s Cloudflare NET Stock Holding History

Select Equity Group’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 Q2	$43.3M	Sell	176,400 -134,400	-43%	-$29.4M	0.21%	75
2026 Q1	$64.1M	Buy	+310,800	New	+$59.3M	0.33%	61
2025 Q4	–	Sell	-154,400	Closed	-$33.1M	–	198
2025 Q3	$33.1M	Sell	154,400 -74,600	-33%	-$15.2M	0.14%	87
2025 Q2	$44.8M	Buy	229,000 +211,500	+1,209%	+$30.7M	0.19%	76
2025 Q1	$1.97M	Buy	+17,500	New	+$2.32M	0.01%	143
2023 Q4	–	Sell	-13,000	Closed	-$820K	–	180
2023 Q3	$820K	Buy	+13,000	New	+$832K	﹤0.01%	165

Other funds holding NET

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

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

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Select Equity Group's NET Position: Q2 2026 in Review

Select Equity Group reduced its Cloudflare (NET) stake by 100% in Q2 2026, selling an estimated $187M and leaving 38 shares worth $9.32K. The position accounts for ﹤0.01% of the portfolio, ranked #154.

Select Equity Group first reported a position in NET in Q1 2025 and has held it in 6 quarters since. The position peaked at $176M in Q1 2026. 1,222 funds tracked by Wall St. Rank hold NET as of Q2 2026.

Select Equity Group held 38 shares of Cloudflare worth $9.32K as of Q2 2026.
Select Equity Group sold 854,886 Cloudflare shares in Q2 2026, an estimated $187M.
Cloudflare made up ﹤0.01% of Select Equity Group's portfolio in Q2 2026, its #154 holding.
Select Equity Group first reported a position in Cloudflare in Q1 2025 and has held it in 6 quarters since.
Select Equity Group's Cloudflare position peaked at $176M in Q1 2026.
1,222 funds tracked by Wall St. Rank held Cloudflare as of Q2 2026.

Based on Select Equity Group's 13F filing for Q2 2026, filed 14 Aug 2026.