Cloudflare
NET
495 hedge funds and large institutions have $14.2B invested in Cloudflare in 2020 Q4 according to their latest regulatory filings, with 226 funds opening new positions, 128 increasing their positions, 111 reducing their positions, and 44 closing their positions.
414% more first-time investments, than exits
New positions opened: 226 | Existing positions closed: 44
102% more capital invested
Capital invested by funds: $7B → $14.2B (+$7.16B)
100% more funds holding in top 10
Funds holding in top 10: 12 → 24 (+12)
57% more funds holding
Funds holding: 316 → 495 (+179)
15% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 111
12% more call options, than puts
Call options by funds: $724M | Put options by funds: $648M
10.09% less ownership
Funds ownership: 89.76% → 79.67% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$545M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$264M |
| 3 |
BlackRock
New York
|
+$191M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$145M |
| 5 |
State Street
Boston,
Massachusetts
|
+$94.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMV
Venrock Management V
Palo Alto,
California
|
-$769M |
| 2 |
Holocene Advisors
New York
|
-$166M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$82.6M |
| 4 |
SQA
Simon Quick Advisors
Morristown,
New Jersey
|
-$67.7M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$57.5M |
NET Hedge Fund Activity: Q4 2020 in Review
495 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q4 2020, worth a combined $14.2B — up 102% from $7B a quarter earlier.
Buyers outnumbered sellers: 226 funds opened new NET positions and 44 closed out — a net gain of 182 holders — while 128 added to existing stakes and 111 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $545M. The largest seller was Venrock Management V, cutting an estimated $769M.
- 495 institutional investors held Cloudflare (NET) as of Q4 2020, up from 316 in Q3 2020.
- Funds reported $14.2B of Cloudflare stock for Q4 2020, up 102% quarter-over-quarter.
- 226 funds opened new Cloudflare positions in Q4 2020 and 44 closed out, a net change of +182 holders.
- The largest Cloudflare buyer in Q4 2020 was Morgan Stanley, an estimated $545M added.
- The largest Cloudflare seller in Q4 2020 was Venrock Management V, an estimated $769M sold.
Based on aggregated 13F filings for Q4 2020.