Cloudflare
NET
571 hedge funds and large institutions have $15.1B invested in Cloudflare in 2023 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 215 increasing their positions, 174 reducing their positions, and 54 closing their positions.
63% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 54
38% more capital invested
Capital invested by funds: $10.9B → $15.1B (+$4.15B)
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
24% more repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 174
4% more funds holding
Funds holding: 548 → 571 (+23)
0.14% more ownership
Funds ownership: 85.05% → 85.19% (+0.14%)
5% less call options, than puts
Call options by funds: $517M | Put options by funds: $545M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$142M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$78.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$55M |
| 4 |
Morgan Stanley
New York
|
+$53.7M |
| 5 |
Two Sigma Investments
New York
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
-$94.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$61.6M |
| 3 |
Sands Capital Management
Arlington,
Virginia
|
-$43.3M |
| 4 |
Goldman Sachs
New York
|
-$41.4M |
| 5 |
Millennium Management
New York
|
-$38M |
NET Hedge Fund Activity: Q1 2023 in Review
571 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q1 2023, worth a combined $15.1B — up 38% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new NET positions and 54 closed out — a net gain of 34 holders — while 215 added to existing stakes and 174 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $142M. The largest seller was Legal & General Group, cutting an estimated $94.4M.
- 571 institutional investors held Cloudflare (NET) as of Q1 2023, up from 548 in Q4 2022.
- Funds reported $15.1B of Cloudflare stock for Q1 2023, up 38% quarter-over-quarter.
- 88 funds opened new Cloudflare positions in Q1 2023 and 54 closed out, a net change of +34 holders.
- The largest Cloudflare buyer in Q1 2023 was VOYA Investment Management, an estimated $142M added.
- The largest Cloudflare seller in Q1 2023 was Legal & General Group, an estimated $94.4M sold.
Based on aggregated 13F filings for Q1 2023.