Cloudflare
NET
260 hedge funds and large institutions have $5.41B invested in Cloudflare in 2020 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 61 increasing their positions, 39 reducing their positions, and 19 closing their positions.
637% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 19
182% more capital invested
Capital invested by funds: $1.92B → $5.41B (+$3.49B)
83% more funds holding
Funds holding: 142 → 260 (+118)
56% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 39
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
4.79% more ownership
Funds ownership: 86.21% → 91.01% (+4.8%)
17% less call options, than puts
Call options by funds: $95.6M | Put options by funds: $115M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$398M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$162M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.1M |
| 4 |
BlackRock
New York
|
+$75M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$57.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenspring Associates
Owings Mills,
Maryland
|
-$135M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
-$71.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$40.1M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
-$32.8M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$25.5M |
NET Hedge Fund Activity: Q2 2020 in Review
260 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q2 2020, worth a combined $5.41B — up 182% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new NET positions and 19 closed out — a net gain of 121 holders — while 61 added to existing stakes and 39 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $398M. The largest seller was Greenspring Associates, cutting an estimated $135M.
- 260 institutional investors held Cloudflare (NET) as of Q2 2020, up from 142 in Q1 2020.
- Funds reported $5.41B of Cloudflare stock for Q2 2020, up 182% quarter-over-quarter.
- 140 funds opened new Cloudflare positions in Q2 2020 and 19 closed out, a net change of +121 holders.
- The largest Cloudflare buyer in Q2 2020 was Baillie Gifford & Co, an estimated $398M added.
- The largest Cloudflare seller in Q2 2020 was Greenspring Associates, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2020.