Cloudflare
NET
677 hedge funds and large institutions have $20.7B invested in Cloudflare in 2023 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 216 increasing their positions, 208 reducing their positions, and 40 closing their positions.
288% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 40
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
31% more capital invested
Capital invested by funds: $15.8B → $20.7B (+$4.94B)
19% more funds holding
Funds holding: 571 → 677 (+106)
16% more call options, than puts
Call options by funds: $912M | Put options by funds: $783M
4% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 208
1.48% less ownership
Funds ownership: 85.68% → 84.2% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$112M |
| 2 |
BlackRock
New York
|
+$57.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$51.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$51.5M |
| 5 |
Two Sigma Advisers
New York
|
+$47.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$245M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$171M |
| 3 |
JP Morgan Chase
New York
|
-$111M |
| 4 |
Morgan Stanley
New York
|
-$89.4M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$78.1M |
NET Hedge Fund Activity: Q4 2023 in Review
677 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q4 2023, worth a combined $20.7B — up 31% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new NET positions and 40 closed out — a net gain of 115 holders — while 216 added to existing stakes and 208 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $112M. The largest seller was VOYA Investment Management, cutting an estimated $245M.
- 677 institutional investors held Cloudflare (NET) as of Q4 2023, up from 571 in Q3 2023.
- Funds reported $20.7B of Cloudflare stock for Q4 2023, up 31% quarter-over-quarter.
- 155 funds opened new Cloudflare positions in Q4 2023 and 40 closed out, a net change of +115 holders.
- The largest Cloudflare buyer in Q4 2023 was 1832 Asset Management, an estimated $112M added.
- The largest Cloudflare seller in Q4 2023 was VOYA Investment Management, an estimated $245M sold.
Based on aggregated 13F filings for Q4 2023.