Cloudflare
NET
571 hedge funds and large institutions have $15.8B invested in Cloudflare in 2023 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 196 increasing their positions, 196 reducing their positions, and 56 closing their positions.
32% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 56
11% more call options, than puts
Call options by funds: $660M | Put options by funds: $594M
2% more funds holding
Funds holding: 559 → 571 (+12)
0.15% more ownership
Funds ownership: 85.53% → 85.68% (+0.15%)
0% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 196
1% less capital invested
Capital invested by funds: $16B → $15.8B (-$239M)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$166M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$84.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$54.5M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$56.9M |
| 2 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$42.1M |
| 3 |
OPFM
Optimus Prime Fund Management
Grand Cayman,
Cayman Islands
|
-$41.9M |
| 4 |
Morgan Stanley
New York
|
-$30M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$28.6M |
NET Hedge Fund Activity: Q3 2023 in Review
571 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q3 2023, worth a combined $15.8B — down 1.5% from $16B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new NET positions and 56 closed out — a net gain of 18 holders — while 196 added to existing stakes and 196 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $166M. The largest seller was Ameriprise, cutting an estimated $56.9M.
- 571 institutional investors held Cloudflare (NET) as of Q3 2023, up from 559 in Q2 2023.
- Funds reported $15.8B of Cloudflare stock for Q3 2023, down 1.5% quarter-over-quarter.
- 74 funds opened new Cloudflare positions in Q3 2023 and 56 closed out, a net change of +18 holders.
- The largest Cloudflare buyer in Q3 2023 was Citadel Advisors, an estimated $166M added.
- The largest Cloudflare seller in Q3 2023 was Ameriprise, an estimated $56.9M sold.
Based on aggregated 13F filings for Q3 2023.