Cloudflare
NET
142 hedge funds and large institutions have $1.92B invested in Cloudflare in 2020 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 45 increasing their positions, 23 reducing their positions, and 21 closing their positions.
181% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 21
150% more funds holding in top 10
Funds holding in top 10: 4 → 10 (+6)
96% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 23
69% more capital invested
Capital invested by funds: $1.13B → $1.92B (+$782M)
33% more funds holding
Funds holding: 107 → 142 (+35)
8.94% more ownership
Funds ownership: 77.27% → 86.21% (+8.9%)
51% less call options, than puts
Call options by funds: $25M | Put options by funds: $50.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$85M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
+$54M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$52.6M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$41.2M |
| 5 |
BAWC
Black-and-white Capital
Los Angeles,
California
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenspring Associates
Owings Mills,
Maryland
|
-$44.2M |
| 2 |
AI
Alphabet Inc
Mountain View,
California
|
-$27.9M |
| 3 |
SVC
Strycker View Capital
New York
|
-$14.5M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$10.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$9.13M |
NET Hedge Fund Activity: Q1 2020 in Review
142 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q1 2020, worth a combined $1.92B — up 69% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new NET positions and 21 closed out — a net gain of 38 holders — while 45 added to existing stakes and 23 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $85M. The largest seller was Greenspring Associates, cutting an estimated $44.2M.
- 142 institutional investors held Cloudflare (NET) as of Q1 2020, up from 107 in Q4 2019.
- Funds reported $1.92B of Cloudflare stock for Q1 2020, up 69% quarter-over-quarter.
- 59 funds opened new Cloudflare positions in Q1 2020 and 21 closed out, a net change of +38 holders.
- The largest Cloudflare buyer in Q1 2020 was Whale Rock Capital Management, an estimated $85M added.
- The largest Cloudflare seller in Q1 2020 was Greenspring Associates, an estimated $44.2M sold.
Based on aggregated 13F filings for Q1 2020.