Cloudflare
NET
640 hedge funds and large institutions have $28B invested in Cloudflare in 2022 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 267 increasing their positions, 207 reducing their positions, and 114 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 207
12% more funds holding in top 10
Funds holding in top 10: 25 → 28 (+3)
1% more call options, than puts
Call options by funds: $938M | Put options by funds: $929M
0.8% more ownership
Funds ownership: 82.78% → 83.58% (+0.8%)
6% less funds holding
Funds holding: 680 → 640 (-40)
6% less capital invested
Capital invested by funds: $29.8B → $28B (-$1.81B)
29% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$594M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$493M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$253M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$157M |
| 5 |
Morgan Stanley
New York
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$668M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$149M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$129M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$113M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$90.7M |
NET Hedge Fund Activity: Q1 2022 in Review
640 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q1 2022, worth a combined $28B — down 6.1% from $29.8B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of NET and 81 opened new positions — a net loss of 33 holders — while 207 trimmed existing stakes and 267 added.
The largest buyer was Capital World Investors, adding an estimated $594M. The largest seller was Fidelity Investments, cutting an estimated $668M.
- 640 institutional investors held Cloudflare (NET) as of Q1 2022, down from 680 in Q4 2021.
- Funds reported $28B of Cloudflare stock for Q1 2022, down 6.1% quarter-over-quarter.
- 81 funds opened new Cloudflare positions in Q1 2022 and 114 closed out, a net change of -33 holders.
- The largest Cloudflare buyer in Q1 2022 was Capital World Investors, an estimated $594M added.
- The largest Cloudflare seller in Q1 2022 was Fidelity Investments, an estimated $668M sold.
Based on aggregated 13F filings for Q1 2022.