Cloudflare, Inc. - Class A Common Stock (NET)

Historical Holders from Q1 2019 to Q4 2025

Type / Class: Equity / Class A Common Stock
Symbol: NET on NYSE
Shares outstanding: 312,124,857
Price per share: $197.15
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares: 274,205,541
Total reported value: $58,839,368,495
% of total 13F portfolios: 0.03%
Share change: -2,463,144
Value change: -$453,821,225
Number of holders: 1,026
Price from insider filings: $197.15

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of Cloudflare, Inc. - Class A Common Stock (NET) based on Schedule 13D/G filings

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
Capital World Investors	13%		$8,829,343,331		41,370,740		Capital World Investors	30 Jun 2025
VANGUARD GROUP INC	10%		$3,471,002,477		30,836,909		The Vanguard Group	31 Mar 2025
BAILLIE GIFFORD & CO	7%	-21%	$4,688,521,117	-$1,196,785,812	21,848,740	-20%	BAILLIE GIFFORD & CO	30 Sep 2025
MORGAN STANLEY	6.5%		$2,270,411,628		20,170,679		Morgan Stanley	31 Mar 2025

As of 30 Sep 2025, Cloudflare, Inc. - Class A Common Stock (NET) has 1,026 institutional shareholders filing 13F forms. They hold 274,205,541 shares. of 312,124,857 outstanding shares (88%) .

Top 25 institutional shareholders own 68% of the company.

Filer	Ownership	Nb Shares	Share Change %	Portfolio %	Holdings Value
Capital World Investors	13%	40,515,386	-0.72%	1.2%	$8,694,439,644
VANGUARD GROUP INC	10%	32,317,249	+2.6%	0.1%	$6,934,958,464
BlackRock, Inc.	7.3%	22,632,359	+5.6%	0.09%	$4,856,677,887
BAILLIE GIFFORD & CO	7%	21,848,740	-14%	3.5%	$4,688,521,116
MORGAN STANLEY	6.1%	19,011,192	-5.1%	0.25%	$4,079,612,055
FMR LLC	4.2%	13,248,725	-7.4%	0.15%	$2,843,043,969
JPMORGAN CHASE & CO	3.4%	10,561,205	+48%	0.14%	$2,266,329,120
STATE STREET CORP	2.2%	6,810,392	+3.1%	0.05%	$1,461,442,019
GEODE CAPITAL MANAGEMENT, LLC	1.9%	5,776,194	+4.3%	0.08%	$1,236,636,677
Invesco Ltd.	1.3%	3,964,733	+1.3%	0.13%	$850,792,026
FIRST TRUST ADVISORS LP	1.3%	3,955,959	-11%	0.63%	$848,909,159
SANDS CAPITAL MANAGEMENT, LLC	1.2%	3,808,319	-23%	2.3%	$817,227,174
FRANKLIN RESOURCES INC	1%	3,165,536	-11%	0.17%	$679,292,330
AMERICAN CENTURY COMPANIES INC	0.94%	2,931,057	-1.6%	0.32%	$628,975,522
Legal & General Group Plc	0.86%	2,693,645	-7.9%	0.13%	$578,029,282
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC	0.8%	2,483,901	-13%	0.12%	$533,020,314
GOLDMAN SACHS GROUP INC	0.78%	2,428,968	+35%	0.08%	$521,232,194
Voya Investment Management LLC	0.72%	2,247,545	-15%	0.48%	$482,301,118
BANK OF AMERICA CORP /DE/	0.71%	2,228,356	+70%	0.04%	$478,182,889
NORTHERN TRUST CORP	0.61%	1,909,120	+1.2%	0.05%	$409,678,061
GILDER GAGNON HOWE & CO LLC	0.59%	1,836,430	-6.1%	4%	$394,079,478
Polar Capital Holdings Plc	0.57%	1,793,515	-6.3%	1.9%	$384,870,384
ROYAL BANK OF CANADA	0.57%	1,780,954	+47%	0.07%	$382,175,000
TWO SIGMA ADVISERS, LP	0.49%	1,534,300	+119%	0.66%	$329,245,437
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.47%	1,466,542	+7.1%	0.05%	$314,705,248

Institutional Holders of Cloudflare, Inc. - Class A Common Stock (NET) across Reporting Periods

Period	Reported Shares, Excl. Options	Value, Excl. Options	Value Change	Puts Notional Value	Calls Notional Value	Price	Investors
2025 Q4	830,892	$162,565,723	+$32,968,138			$197.15	40
2025 Q3	274,205,541	$58,839,368,495	-$453,821,225	$1,292,367,924	$2,385,022,386	$214.59	1,026
2025 Q2	277,251,474	$54,266,801,392	+$3,418,418,833	$1,108,703,470	$2,006,183,376	$195.83	937
2025 Q1	261,474,337	$29,459,573,221	-$202,272,665	$559,854,442	$763,066,027	$112.69	862
2024 Q4	263,453,604	$28,378,821,579	+$1,021,582,975	$998,481,411	$774,263,488	$107.68	755
2024 Q3	253,394,788	$20,525,481,301	-$151,121,219	$717,194,726	$564,298,677	$80.89	675
2024 Q2	254,874,559	$21,110,502,922	+$584,859,499	$539,403,645	$572,638,216	$82.83	644
2024 Q1	247,225,703	$23,927,109,975	+$133,289,677	$855,356,439	$602,649,710	$96.83	700
2023 Q4	3,188,211	$265,450,734	-$303,135,723			$83.26	11
2023 Q3	248,158,227	$15,639,622,240	+$290,798,953	$345,640,431	$495,807,424	$63.04	554
2023 Q2	210,888,448	$13,780,925,549	+$62,036,171	$413,563,306	$448,982,334	$65.37	544
2023 Q1	244,168,891	$15,046,424,264	+$221,950,048	$360,458,587	$341,400,849	$61.66	553
2022 Q4	241,722,369	$10,924,589,087	+$479,912,563	$406,864,314	$482,979,017	$45.21	530
2022 Q3	231,893,139	$12,830,887,453	-$195,497,309	$354,343,046	$361,311,804	$55.31	531
2022 Q2	235,483,080	$10,304,192,446	-$88,554,955	$307,681,875	$242,318,500	$43.75	505
2022 Q1	232,240,001	$27,790,709,174	+$758,901,285	$799,034,470	$765,108,840	$119.70	603
2021 Q4	210,533,215	$27,685,016,408	+$512,173,980	$1,000,343,450	$1,000,937,675	$131.50	639
2021 Q3	217,498,300	$24,499,855,631	+$1,094,682,973	$921,525,752	$898,277,030	$112.65	590
2021 Q2	183,009,307	$19,369,223,854	+$2,106,148,508	$632,107,360	$727,213,008	$105.84	517
2021 Q1	194,925,282	$13,688,399,753	+$631,845,677	$417,136,818	$339,690,212	$70.26	485
2020 Q4	186,110,552	$14,146,433,237	+$1,192,287,956	$562,353,036	$668,540,350	$75.99	474
2020 Q3	169,953,920	$6,977,785,096	+$1,109,682,675	$228,705,000	$147,665,000	$41.06	305
2020 Q2	149,913,364	$5,398,762,632	+$1,299,323,113	$87,367,000	$70,986,000	$35.95	254
2020 Q1	81,504,631	$1,914,612,468	+$363,340,665	$34,964,000	$19,503,000	$23.48	136
2019 Q4	44,084,386	$752,872,703	+$8,062,350	$13,709,000	$2,781,000	$17.06	101
2019 Q3	63,557,132	$1,152,851,952	+$1,151,501,045	$3,297,000	$262,000	$18.57	118
2019 Q2	2,201	$233,000	$0			$105.86	1
2019 Q1	2,201	$233,000	$0			$105.86	1