Cloudflare
NET
652 hedge funds and large institutions have $21.1B invested in Cloudflare in 2024 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 269 increasing their positions, 214 reducing their positions, and 118 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 269 | Existing positions reduced: 214
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
3% more call options, than puts
Call options by funds: $699M | Put options by funds: $680M
0.92% more ownership
Funds ownership: 83.76% → 84.68% (+0.92%)
8% less funds holding
Funds holding: 710 → 652 (-58)
13% less capital invested
Capital invested by funds: $24.2B → $21.1B (-$3.06B)
42% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$420M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$208M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$139M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$126M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$160M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$128M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$106M |
| 4 |
Two Sigma Advisers
New York
|
-$94.5M |
| 5 |
Morgan Stanley
New York
|
-$85.4M |
NET Hedge Fund Activity: Q2 2024 in Review
652 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Cloudflare (NET) for Q2 2024, worth a combined $21.1B — down 13% from $24.2B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of NET and 69 opened new positions — a net loss of 49 holders — while 214 trimmed existing stakes and 269 added.
The largest buyer was Capital World Investors, adding an estimated $420M. The largest seller was Fidelity Investments, cutting an estimated $160M.
- 652 institutional investors held Cloudflare (NET) as of Q2 2024, down from 710 in Q1 2024.
- Funds reported $21.1B of Cloudflare stock for Q2 2024, down 13% quarter-over-quarter.
- 69 funds opened new Cloudflare positions in Q2 2024 and 118 closed out, a net change of -49 holders.
- The largest Cloudflare buyer in Q2 2024 was Capital World Investors, an estimated $420M added.
- The largest Cloudflare seller in Q2 2024 was Fidelity Investments, an estimated $160M sold.
Based on aggregated 13F filings for Q2 2024.