Cloudflare
NET
107 hedge funds and large institutions have $1.13B invested in Cloudflare in 2019 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 35 increasing their positions, 20 reducing their positions, and 52 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 20
1% less ownership
Funds ownership: 78.27% → 77.27% (-1%)
2% less capital invested
Capital invested by funds: $1.16B → $1.13B (-$21.4M)
13% less funds holding
Funds holding: 123 → 107 (-16)
21% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 52
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
79% less call options, than puts
Call options by funds: $3.52M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$52.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.7M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$16M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$14.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$27M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$23.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$15.1M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
-$13.9M |
| 5 |
ICP
Indus Capital Partners
New York
|
-$9.1M |
NET Hedge Fund Activity: Q4 2019 in Review
107 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q4 2019, worth a combined $1.13B — down 1.9% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of NET and 41 opened new positions — a net loss of 11 holders — while 20 trimmed existing stakes and 35 added.
The largest buyer was Franklin Resources, adding an estimated $52.3M. The largest seller was Viking Global Investors, exiting entirely with an estimated $27M sold.
- 107 institutional investors held Cloudflare (NET) as of Q4 2019, down from 123 in Q3 2019.
- Funds reported $1.13B of Cloudflare stock for Q4 2019, down 1.9% quarter-over-quarter.
- 41 funds opened new Cloudflare positions in Q4 2019 and 52 closed out, a net change of -11 holders.
- The largest Cloudflare buyer in Q4 2019 was Franklin Resources, an estimated $52.3M added.
- The largest Cloudflare seller in Q4 2019 was Viking Global Investors, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2019.