Cloudflare, Inc. (NET) — Institutional Holders, Q2 2026

1,249 institutional investment managers reported a NET position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $71.2B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← NET stock profile

NET in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

207

Added to

487

Trimmed

385

Sold out

116

Biggest buyers

T. Rowe Price Investment ManagementNew · +1,892,593 sh+$464.2M
Capital World InvestorsAdded · +1,590,123 sh+$390.0M
AQR CAPITAL MANAGEMENTAdded · +1,169,447 sh+$286.8M
JENNISON ASSOCIATESAdded · +1,024,584 sh+$251.3M
MENORA MIVTACHIM LTD.New · +983,250 sh+$241.2M

Biggest sellers

CITADEL ADVISORSTrimmed · -1,450,096 sh-$355.7M
BAILLIE GIFFORDTrimmed · -1,325,829 sh-$325.2M
JANE STREET GROUPTrimmed · -1,163,665 sh-$285.4M
1832 Asset Management L.P.Trimmed · -1,020,100 sh-$250.2M
FMRTrimmed · -904,980 sh-$222.0M

NET 13F holders ranked 1–100 of 1,249

Institutional investors reporting a position in Cloudflare, Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Capital World Investors#1 · 24,325,692 sh	24,325,692	$6.0B	0.70%	+7.0%
2	BlackRock#2 · 43,198,907 sh	43,198,907	$5.3B	0.08%	+4.6%
3	VANGUARD PORTFOLIO MANAGEMENT#3 · 16,819,726 sh	16,819,726	$4.1B	0.19%	+4.9%
4	MORGAN STANLEY#4 · 19,004,327 sh	19,004,327	$3.7B	0.20%	+10.9%
5	BAILLIE GIFFORD#5 · 14,598,594 sh	14,598,594	$3.6B	3.25%	-8.3%
6	VANGUARD CAPITAL MANAGEMENT#6 · 14,430,365 sh	14,430,365	$3.5B	0.08%	+5.2%
7	FMR#7 · 32,033,471 sh	32,033,471	$3.1B	0.14%	+14.1%
8	Capital International Investors#8 · 10,981,005 sh	10,981,005	$2.7B	0.56%	+0.8%
9	STATE STREET#9 · 40,295,765 sh	40,295,765	$1.9B	0.06%	+15.1%
10	GEODE CAPITAL MANAGEMENT#10 · 5,963,905 sh	5,963,905	$1.5B	0.08%	-0.5%
11	JENNISON ASSOCIATES#11 · 5,419,068 sh	5,419,068	$1.3B	0.80%	+23.3%
12	JPMORGAN CHASE#12 · 8,786,562 sh	8,786,562	$1.3B	0.07%	-20.5%
13	AMERICAN CENTURY COMPANIES#13 · 4,286,156 sh	4,286,156	$1.1B	0.46%	+18.2%
14	FRANKLIN RESOURCES#14 · 67,729,976 sh	67,729,976	$997.3M	0.22%	+0.6%
15	WELLINGTON MANAGEMENT GROUP LLP#15 · 4,598,753 sh	4,598,753	$993.8M	0.17%	-11.5%
16	FIRST ADVISORS#16 · 3,756,643 sh	3,756,643	$921.4M	0.54%	-0.5%
17	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt#17 · 11,177,783 sh	11,177,783	$911.8M	0.70%	-34.3%
18	NORGES BANK#18 · 3,596,888 sh	3,596,888	$882.2M	0.09%	—
19	VOYA INVESTMENT MANAGEMENT#19 · 210,687,031 sh	210,687,031	$837.4M	0.72%	-28.2%
20	SANDS CAPITAL MANAGEMENT#20 · 3,239,504 sh	3,239,504	$794.6M	2.95%	-11.5%
21	Invesco Ltd.#21 · 3,103,792 sh	3,103,792	$761.3M	0.06%	-0.3%
22	GOLDMAN SACHS GROUP#22 · 4,054,969 sh	4,054,969	$754.8M	0.07%	+28.1%
23	TWO SIGMA INVESTMENTS#23 · 52,653,183 sh	52,653,183	$698.7M	0.51%	+94.5%
24	Legal & General Group Plc#24 · 2,641,523 sh	2,641,523	$647.9M	0.14%	-10.6%
25	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#25 · 2,418,577 sh	2,418,577	$593.2M	0.11%	-4.9%
26	D. E. Shaw#26 · 79,808,802 sh	79,808,802	$578.0M	0.28%	-19.9%
27	BANK OF AMERICA#27 · 2,208,432 sh	2,208,432	$541.7M	0.03%	+6.8%
28	NORTHERN#28 · 2,100,022 sh	2,100,022	$515.1M	0.06%	+4.9%
29	AQR CAPITAL MANAGEMENT#29 · 2,076,835 sh	2,076,835	$509.4M	0.18%	+128.9%
30	VANGUARD FIDUCIARY#30 · 2,063,824 sh	2,063,824	$506.2M	0.11%	+3.1%
31	T. Rowe Price Investment Management#31 · 1,892,593 sh	1,892,593	$464.2M	0.30%	New
32	ROYAL BANK OF CANADA#32 · 1,847,879 sh	1,847,879	$451.8M	0.07%	-48.1%
33	Pictet Asset Management Holding SA#33 · 1,798,113 sh	1,798,113	$441.0M	0.42%	+30.1%
34	CHARLES SCHWAB INVESTMENT MANAGEMENT#34 · 1,795,993 sh	1,795,993	$440.5M	0.06%	+11.4%
35	GILDER GAGNON HOWE#35 · 1,668,352 sh	1,668,352	$409.2M	4.22%	-6.2%
36	DEUTSCHE BANK AG\#36 · 1,604,234 sh	1,604,234	$393.5M	0.11%	+1.8%
37	Amundi#37 · 1,591,632 sh	1,591,632	$390.4M	0.09%	-6.8%
38	MASSACHUSETTS FINANCIAL SERVICES#38 · 1,578,485 sh	1,578,485	$387.1M	0.12%	+7.6%
39	PRICE T ROWE ASSOCIATES#39 · 1,544,713 sh	1,544,713	$378.9M	0.04%	+10.7%
40	Polar Capital Plc#40 · 1,240,516 sh	1,240,516	$304.3M	0.72%	+6.6%
41	Strategy Capital#41 · 1,106,100 sh	1,106,100	$271.3M	16.72%	-2.9%
42	MARSHALL WACE, LLP#42 · 1,065,580 sh	1,065,580	$261.4M	0.21%	+8.0%
43	Bank of New York Mellon#43 · 1,045,642 sh	1,045,642	$256.5M	0.04%	-53.4%
44	Sumitomo Mitsui#44 · 997,856 sh	997,856	$244.8M	0.14%	-7.1%
45	MENORA MIVTACHIM LTD.#45 · 983,250 sh	983,250	$241.2M	0.94%	New
46	National Pension Service#46 · 959,987 sh	959,987	$235.5M	0.15%	+1.6%
47	UBS Group AG#47 · 957,879 sh	957,879	$234.9M	0.03%	-23.9%
48	Clearbridge Investments#48 · 912,622 sh	912,622	$223.8M	0.19%	+7516.0%
49	RAYMOND JAMES FINANCIAL#49 · 909,543 sh	909,543	$223.1M	0.06%	-3.3%
50	HSBC PLC#50 · 880,981 sh	880,981	$217.4M	0.09%	+51.4%
51	Swedbank AB#51 · 881,457 sh	881,457	$216.2M	0.19%	-5.0%
52	Swiss National Bank#52 · 875,100 sh	875,100	$214.6M	0.11%	-5.6%
53	WESTFIELD CAPITAL MANAGEMENT#53 · 835,502 sh	835,502	$204.9M	0.67%	+54.3%
54	Nuveen#54 · 816,850 sh	816,850	$200.4M	0.05%	+11.0%
55	Penserra Capital Management#55 · 816,098 sh	816,098	$200.2M	1.54%	+12.0%
56	Phoenix Financial Ltd.#56 · 807,564 sh	807,564	$198.1M	1.35%	+150.9%
57	CITIGROUP#57 · 734,622 sh	734,622	$180.2M	0.06%	-82.5%
58	WELLS FARGO & COMPANY#58 · 2,661,505 sh	2,661,505	$177.8M	0.03%	+12.6%
59	BALYASNY ASSET MANAGEMENT L.P.#59 · 4,670,903 sh	4,670,903	$169.7M	0.21%	-77.0%
60	NOMURA ASSET MANAGEMENT INTERNATIONAL#60 · 2,618,279 sh	2,618,279	$161.1M	0.24%	-2.1%
61	Squarepoint Ops#61 · 638,961 sh	638,961	$156.7M	0.17%	+9.8%
62	VANGUARD ASSET MANAGEMENT, Ltd#62 · 614,819 sh	614,819	$150.8M	0.10%	+13.4%
63	Neuberger Berman Group#63 · 606,033 sh	606,033	$148.6M	0.10%	+19.6%
64	HIGHBRIDGE CAPITAL MANAGEMENT#64 · 110,950,000 sh	110,950,000	$142.0M	3.45%	+2119.0%
65	LORD, ABBETT#65 · 12,771,215 sh	12,771,215	$137.0M	0.39%	+24.3%
66	CITADEL ADVISORS#66 · 491,046 sh	491,046	$120.4M	0.01%	-74.7%
67	AMERIPRISE FINANCIAL#67 · 490,016 sh	490,016	$120.2M	0.02%	-13.1%
68	Artisan Partners Limited Partnership#68 · 489,716 sh	489,716	$120.1M	0.19%	-26.7%
69	Daiwa Securities Group#69 · 4,468,324 sh	4,468,324	$120.0M	0.23%	-77.7%
70	FRED ALGER MANAGEMENT#70 · 480,127 sh	480,127	$117.8M	0.39%	-10.8%
71	CIBC Bancorp USA#71 · 476,845 sh	476,845	$116.9M	0.14%	-3.6%
72	BAMCO#72 · 471,598 sh	471,598	$115.7M	0.17%	+3.1%
73	BNP Paribas Asset Management Holding S.A.#73 · 6,741,318 sh	6,741,318	$112.7M	0.11%	-1.9%
74	CANADA PENSION PLAN INVESTMENT BOARD#74 · 457,160 sh	457,160	$112.1M	0.06%	+230.2%
75	Qube Research & Technologies Ltd#75 · 454,589 sh	454,589	$111.5M	0.10%	New
76	Mitsubishi UFJ & Banking#76 · 435,009 sh	435,009	$106.7M	0.23%	-14.9%
77	JANE STREET GROUP#77 · 432,774 sh	432,774	$106.2M	<0.01%	-95.2%
78	CREDIT AGRICOLE S A#78 · 417,945 sh	417,945	$102.5M	0.21%	+3.7%
79	Allspring Global Investments#79 · 406,656 sh	406,656	$100.2M	0.15%	-1.1%
80	Mariner#80 · 403,320 sh	403,320	$98.6M	0.10%	-7.1%
81	RHUMBLINE ADVISERS#81 · 399,259 sh	399,259	$97.9M	0.07%	+0.2%
82	VICTORY CAPITAL MANAGEMENT#82 · 393,058 sh	393,058	$96.4M	0.05%	+2.2%
83	ROYAL LONDON ASSET MANAGEMENT LTD#83 · 386,929 sh	386,929	$94.9M	0.17%	+89.9%
84	TREMBLANT CAPITAL GROUP#84 · 384,993 sh	384,993	$94.4M	2.71%	+30.9%
85	PEREGRINE CAPITAL MANAGEMENT#85 · 384,759 sh	384,759	$94.4M	3.07%	-4.3%
86	Mitsubishi UFJ Asset Management , Ltd.#86 · 377,513 sh	377,513	$92.6M	0.05%	+9.6%
87	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#87 · 369,762 sh	369,762	$90.7M	0.05%	-5.5%
88	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT#88 · 367,585 sh	367,585	$90.2M	0.28%	-31.5%
89	DeepCurrents Investment Group#89 · 69,601,000 sh	69,601,000	$89.6M	2.71%	-0.7%
90	BESSEMER GROUP#90 · 357,676 sh	357,676	$87.7M	0.12%	-1.8%
91	Nikko Asset Management Americas#91 · 353,182 sh	353,182	$86.6M	1.12%	-15.7%
92	CAPSTONE INVESTMENT ADVISORS#92 · 67,001,088 sh	67,001,088	$86.5M	0.08%	-26.6%
93	WHITTIER#93 · 344,815 sh	344,815	$85.4M	0.84%	+1.1%
94	DIMENSIONAL FUND ADVISORS#94 · 343,178 sh	343,178	$84.2M	0.02%	+1.9%
95	USS Investment Management Ltd#95 · 330,566 sh	330,566	$81.1M	0.29%	+11.6%
96	Allen Investment Management#96 · 328,347 sh	328,347	$80.5M	0.96%	-4.3%
97	WORLDQUANT MILLENNIUM ADVISORS#97 · 327,943 sh	327,943	$80.4M	0.28%	New
98	SUSQUEHANNA INTERNATIONAL GROUP, LLP#98 · 320,307 sh	320,307	$78.6M	<0.01%	-11.8%
99	GREAT WEST LIFE ASSURANCE#99 · 313,236 sh	313,236	$76.9M	0.12%	+0.7%
100	NOMURA ASSET MANAGEMENT LTD#100 · 311,231 sh	311,231	$76.3M	0.16%	+15.7%

Funds that sold out of NET in Q2 2026 (116)

Held NET at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held NET in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Point72 Asset Management, L.P.428,984 sh	428,984	$88.5M
Woodline Partners419,492 sh	419,492	$86.6M
Capital Research Global Investors321,736 sh	321,736	$66.4M
Styrax Capital200,000 sh	200,000	$41.3M
Mizuho Markets Cayman160,000 sh	160,000	$33.0M
PICTON MAHONEY ASSET MANAGEMENT119,286 sh	119,286	$24.6M
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT108,000 sh	108,000	$22.3M
Verition Fund Management102,025 sh	102,025	$21.1M
STEADFAST CAPITAL MANAGEMENT96,000 sh	96,000	$19.8M
Benchstone Capital Management81,483 sh	81,483	$16.8M
Cinctive Capital Management74,460 sh	74,460	$15.4M
Atika Capital Management65,000 sh	65,000	$13.4M
Jain Global60,448 sh	60,448	$12.5M
Duquesne Family Office52,535 sh	52,535	$10.8M
iA Global Asset Management44,670 sh	44,670	$9.2M
Walleye Trading43,487 sh	43,487	$9.0M
Wealth High Governance Capital Ltda42,107 sh	42,107	$8.7M
Maytus Capital Management40,296 sh	40,296	$8.3M
KADENSA CAPITAL Ltd36,953 sh	36,953	$7.6M
Wealth High Governance Asset Management Ltda.35,786 sh	35,786	$7.4M
Calamos Advisors34,768 sh	34,768	$7.2M
Insight Group32,800 sh	32,800	$6.8M
Hidden Lake Asset Management32,107 sh	32,107	$6.6M
Arrow Capital Pty Ltd25,000 sh	25,000	$4.9M
Warm Springs Advisors22,198 sh	22,198	$4.6M
Massar Capital Management16,632 sh	16,632	$3.4M
Cannon Advisors14,722 sh	14,722	$3.0M
Night Squared13,615 sh	13,615	$2.8M
ARDSLEY ADVISORY PARTNERS10,800 sh	10,800	$2.2M
K.J. Harrison & Partners10,100 sh	10,100	$2.1M
Qsemble Capital Management7,296 sh	7,296	$1.5M
Portman Square Capital LLP7,278 sh	7,278	$1.5M
AIGEN INVESTMENT MANAGEMENT6,171 sh	6,171	$1.3M
SANDLER CAPITAL MANAGEMENT5,954 sh	5,954	$1.2M
SHELTON WEALTH MANAGEMENT5,879 sh	5,879	$1.2M
DC Investments Management5,532 sh	5,532	$1.1M
Index Fund Advisors5,276 sh	5,276	$1.1M
Shay Capital5,000 sh	5,000	$1.0M
Virtu Financial4,867 sh	4,867	$1.0M
Northwest & Ethical Investments L.P.4,536 sh	4,536	$960.6K
Kepler Cheuvreux (Suisse) SA4,557 sh	4,557	$940.3K
Menard Financial Group4,007 sh	4,007	$826.8K
PFG Advisors3,931 sh	3,931	$811.1K
Tuttle Capital Management3,426 sh	3,426	$706.9K
Illinois Municipal Retirement Fund3,392 sh	3,392	$699.9K
EVOKE WEALTH3,277 sh	3,277	$676.2K
Patriot Financial Group Insurance Agency3,262 sh	3,262	$673.1K
Twin Tree Management3,049 sh	3,049	$629.1K
Rooted Wealth Advisors3,068 sh	3,068	$628.4K
Pacific Point Advisors3,000 sh	3,000	$619.0K
WESTWOOD GROUP2,979 sh	2,979	$614.7K
McAdam2,623 sh	2,623	$541.3K
DRIEHAUS CAPITAL MANAGEMENT2,548 sh	2,548	$525.8K
Fieldview Capital Management2,472 sh	2,472	$510.1K
TWINBEECH CAPITAL2,400 sh	2,400	$495.2K
Pacific Wealth Strategies Group2,000 sh	2,000	$412.7K
Arista Wealth Management1,923 sh	1,923	$396.8K
Clark Capital Management Group1,832 sh	1,832	$378.1K
GTS SECURITIES1,799 sh	1,799	$371.2K
GSA CAPITAL PARTNERS LLP1,755 sh	1,755	$362.0K
Quadrant Private Wealth Management1,653 sh	1,653	$341.1K
OXFORD ASSET MANAGEMENT LLP1,639 sh	1,639	$338.2K
Laurion Capital Management1,629 sh	1,629	$336.1K
Lotus Technology Management1,616 sh	1,616	$333.4K
PACES FERRY WEALTH ADVISORS1,556 sh	1,556	$321.1K
SANDERS MORRIS HARRIS1,530 sh	1,530	$315.7K
Mount Lucas Management1,512 sh	1,512	$312.0K
Gordian Capital Singapore Pte Ltd1,500 sh	1,500	$309.5K
Huntleigh Advisors1,441 sh	1,441	$297.3K
Walser Wealth Management Company, A Ltd Liability1,386 sh	1,386	$286.1K
Black Swift Group1,350 sh	1,350	$278.6K
MIRABELLA FINANCIAL SERVICES LLP1,276 sh	1,276	$263.3K
Moors & Cabot1,192 sh	1,192	$246.0K
IHT Wealth Management1,174 sh	1,174	$242.2K
Willis Johnson & Associates1,073 sh	1,073	$221.4K
Strategic Blueprint1,072 sh	1,072	$221.2K
Pacific Excel Wealth Advisors1,046 sh	1,046	$215.8K
CSM Advisors1,023 sh	1,023	$211.0K
Jacobi Capital Management987 sh	987	$203.7K
Golden State Equity Partners703 sh	703	$145.1K
Global Assets Advisory652 sh	652	$134.5K
THURSTON, SPRINGER, MILLER, HERD & TITAK450 sh	450	$92.9K
Sound Income Strategies419 sh	419	$86.1K
Intentional Wealth Strategies270 sh	270	$55.7K
Strive Financial Group253 sh	253	$52.0K
AlphaCentric Advisors239 sh	239	$49.3K
TIAA , NATIONAL ASSOCIATION239 sh	239	$49.3K
United Community Bank200 sh	200	$41.3K
Hanson & Doremus Investment Management200 sh	200	$41.0K
Rachor Investment Advisory Services170 sh	170	$35.1K
Destiny Wealth Partners150 sh	150	$31.0K
TWIN PEAKS WEALTH ADVISORS128 sh	128	$26.4K
Addison Advisors111 sh	111	$22.9K
Acumen Wealth Advisors105 sh	105	$21.7K
Berbice Capital Management105 sh	105	$21.7K
TOTH FINANCIAL ADVISORY60 sh	60	$12.4K
Wealth Preservation Advisors41 sh	41	$8.5K
Princeton Global Asset Management26 sh	26	$5.4K
Hurley Capital25 sh	25	$5.2K
BankPlus Department25 sh	25	$5.2K

And 16 smaller positions.

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.