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Cloudflare, Inc. (NET)

Software · US stock

What changed in recent filings

  • Institutions — 6 new · 5 reduced13F · as of end of 2026 Q2
  • Free cash flow declined recentlyDec 31, 2025 → Jun 30, 2026

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Institutions holding Cloudflare, Inc.

How many of the institutions we track reported holding this stock, quarter by quarter.

max 11
2019 Q3 · 42019 Q4 · 22020 Q1 · 22020 Q2 · 32020 Q3 · 52020 Q4 · 82021 Q1 · 52021 Q2 · 42021 Q3 · 42021 Q4 · 42022 Q1 · 52022 Q2 · 42022 Q3 · 62022 Q4 · 32023 Q1 · 42023 Q2 · 32023 Q3 · 32023 Q4 · 42024 Q1 · 32024 Q2 · 22024 Q3 · 22024 Q4 · 42025 Q1 · 52025 Q2 · 32025 Q3 · 42025 Q4 · 52026 Q1 · 72026 Q2 · 11
19 Q322 Q426 Q2

2019 Q3: 4 → 2026 Q2: 11 institutions

Counts the 52 institutions we track that reported holding this stock — their full reported holdings, not just the largest positions. Not the total number of institutional holders in the US. Figures are as of quarter-end and disclosed up to 45 days later. Descriptive only — not investment advice.

Which institutions hold Cloudflare, Inc.

Institutions we track that reported holding this stock in their most recent 13F.

  • Baillie Gifford & Co3.25% of portfolio · since 2020 Q2
  • ARK Invest0.28% of portfolio · since 2020 Q4
  • Moore Capital Management0.02% of portfolio · since 2025 Q2
  • Bridgewater Associates0.01% of portfolio · since 2025 Q3
  • Soros Fund Management0.01% of portfolio · since 2026 Q1
  • Tudor Investment CorpNew this quarter0.03% of portfolio · since 2026 Q2
  • Caisse de depot (Quebec)under 0.01% of portfolio · held as of 2026 Q2 or earlier
  • National Pension Service (Korea)0.15% of portfolio · held as of 2026 Q2 or earlier
  • Sands Capital Management2.95% of portfolio · held as of 2026 Q2 or earlier
  • Capital World Investors0.70% of portfolio · held as of 2026 Q2 or earlier
  • Blackstoneunder 0.01% of portfolio · held as of 2026 Q2 or earlier

Based on 13F filings — quarter-end holdings, disclosed up to 45 days later. Holding a stock is a fact we report, not a recommendation to buy or sell.

Company overview

An internet security and performance-infrastructure company running an edge network in over 100 countries. It is expanding into the zero-trust and SASE market.

What is the Software sector?

Cloud, SaaS, and cybersecurity. Relatively defensive.

Cloudflare, Inc. is classified under the Software sector. See peers below.

Cloudflare, Inc. key financials

Based on SEC filings · as of Jun 30, 2026

Tap a metric name to see its meaning in the glossary.

Cloudflare, Inc. vs Software sector benchmark

Median of 34 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
33.5%vs benchmark 19.1%↑ above
Operating margin
-29.6%vs benchmark 4.8%↓ below
Net margin
-8.2%vs benchmark 10.1%↓ below
ROE
-7.0%vs benchmark 6.7%↓ below

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

NET segment revenue mix trend

Quarterly change in segment revenue share · verified from SEC filings

Sep '24Mar '25Mar '26
United States 49%Europe, Middle East & Africa 27%Asia-Pacific 15%Other Geographical Regions 8%

ETFs holding Cloudflare, Inc.

Per SEC N-PORT · 2026-06-30 · by weight · factual

VUGVANGUARD GROWTH INDEX FUND
0.23%
VTIVANGUARD TOTAL STOCK MARKET INDEX FUND
0.11%
ITOTiShares Core S&P Total U.S. Stock Market ETF
0.11%

NET on Stocklore

  • Revenue by segmentsegment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdingsholdings and weight changes of major institutions (45-day delay)
  • Sector-relative metricsValuation and growth compared with the Software average
See full NET analysis →

Peers · Software

NET FAQ

What is Cloudflare, Inc. (NET)?

An internet security and performance-infrastructure company running an edge network in over 100 countries. It is expanding into the zero-trust and SASE market.

What sector is Cloudflare, Inc. in?

Cloudflare, Inc. is classified under Software. Cloud, SaaS, and cybersecurity. Relatively defensive.

What are Cloudflare, Inc.'s key financials?

As of Jun 30, 2026 in SEC filings: Revenue growth (YoY) 33.5%, Operating margin -29.6%, Net margin -8.2%, ROE -7.0%. Definitions and interpretation are available on Stocklore.

Where can I analyze Cloudflare, Inc. (NET) stock?

On Stocklore you can see NET's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

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