Cloudflare
NET
316 hedge funds and large institutions have $7B invested in Cloudflare in 2020 Q3 according to their latest regulatory filings, with 107 funds opening new positions, 109 increasing their positions, 74 reducing their positions, and 49 closing their positions.
118% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 49
47% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 74
29% more capital invested
Capital invested by funds: $5.41B → $7B (+$1.59B)
22% more funds holding
Funds holding: 260 → 316 (+56)
1.25% less ownership
Funds ownership: 91.01% → 89.76% (-1.2%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
30% less call options, than puts
Call options by funds: $176M | Put options by funds: $252M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$514M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$159M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$152M |
| 4 |
Holocene Advisors
New York
|
+$121M |
| 5 |
SQA
Simon Quick Advisors
Morristown,
New Jersey
|
+$63.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMV
Venrock Management V
Palo Alto,
California
|
-$242M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$124M |
| 3 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$63.4M |
| 4 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$49.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.2M |
NET Hedge Fund Activity: Q3 2020 in Review
316 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q3 2020, worth a combined $7B — up 29% from $5.41B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new NET positions and 49 closed out — a net gain of 58 holders — while 109 added to existing stakes and 74 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $514M. The largest seller was Venrock Management V, cutting an estimated $242M.
- 316 institutional investors held Cloudflare (NET) as of Q3 2020, up from 260 in Q2 2020.
- Funds reported $7B of Cloudflare stock for Q3 2020, up 29% quarter-over-quarter.
- 107 funds opened new Cloudflare positions in Q3 2020 and 49 closed out, a net change of +58 holders.
- The largest Cloudflare buyer in Q3 2020 was Baillie Gifford & Co, an estimated $514M added.
- The largest Cloudflare seller in Q3 2020 was Venrock Management V, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2020.