Cloudflare
NET
559 hedge funds and large institutions have $16B invested in Cloudflare in 2023 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 194 increasing their positions, 202 reducing their positions, and 77 closing their positions.
6% more capital invested
Capital invested by funds: $15.1B → $16B (+$965M)
0.33% more ownership
Funds ownership: 85.19% → 85.53% (+0.33%)
2% less call options, than puts
Call options by funds: $625M | Put options by funds: $638M
4% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 202
2% less funds holding
Funds holding: 571 → 559 (-12)
13% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 77
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$571M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$345M |
| 3 |
JP Morgan Chase
New York
|
+$102M |
| 4 |
Legal & General Group
London,
United Kingdom
|
+$102M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$85.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$204M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
-$194M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$136M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$116M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$95.5M |
NET Hedge Fund Activity: Q2 2023 in Review
559 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q2 2023, worth a combined $16B — up 6.4% from $15.1B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of NET and 67 opened new positions — a net loss of 10 holders — while 202 trimmed existing stakes and 194 added.
The largest buyer was Capital World Investors, adding an estimated $571M. The largest seller was Fidelity Investments, cutting an estimated $204M.
- 559 institutional investors held Cloudflare (NET) as of Q2 2023, down from 571 in Q1 2023.
- Funds reported $16B of Cloudflare stock for Q2 2023, up 6.4% quarter-over-quarter.
- 67 funds opened new Cloudflare positions in Q2 2023 and 77 closed out, a net change of -10 holders.
- The largest Cloudflare buyer in Q2 2023 was Capital World Investors, an estimated $571M added.
- The largest Cloudflare seller in Q2 2023 was Fidelity Investments, an estimated $204M sold.
Based on aggregated 13F filings for Q2 2023.