Cloudflare
710 hedge funds and large institutions have $24.2B invested in Cloudflare in 2024 Q1 according to their latest regulatory filings, with 114 funds opening new positions, 286 increasing their positions, 209 reducing their positions, and 73 closing their positions.
56% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 73
37% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 209
5% more funds holding
Funds holding: 677 → 710 (+33)
4% more capital invested
Capital invested by funds: $23.3B → $24.2B (+$910M)
10.7% less ownership
Funds ownership: 94.47% → 83.77% (-11%)
28% less call options, than puts
Call options by funds: $798M | Put options by funds: $1.12B
40% less funds holding in top 10
Funds holding in top 10: 20 → 12 (-8)
Top Buyers
| 1 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$164M |
| 2 |
Squarepoint
New York
|
+$90.8M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$73.7M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$60.3M |
| 5 |
JP Morgan Chase
New York
|
+$54.2M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$2.98B |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
-$374M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$122M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$71.7M |
| 5 |
AC
Alfreton Capital
Radlett, Hertfordshire,
United Kingdom
|
-$66.6M |
NET Hedge Fund Activity: Q1 2024 in Review
710 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q1 2024, worth a combined $24.2B — up 3.9% from $23.3B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new NET positions and 73 closed out — a net gain of 41 holders — while 286 added to existing stakes and 209 trimmed.
The largest buyer was Polar Capital Holdings, adding an estimated $164M. The largest seller was Morgan Stanley, cutting an estimated $2.98B.
- 710 institutional investors held Cloudflare (NET) as of Q1 2024, up from 677 in Q4 2023.
- Funds reported $24.2B of Cloudflare stock for Q1 2024, up 3.9% quarter-over-quarter.
- 114 funds opened new Cloudflare positions in Q1 2024 and 73 closed out, a net change of +41 holders.
- The largest Cloudflare buyer in Q1 2024 was Polar Capital Holdings, an estimated $164M added.
- The largest Cloudflare seller in Q1 2024 was Morgan Stanley, an estimated $2.98B sold.
Based on aggregated 13F filings for Q1 2024.