Security Snapshot

Cloudflare, Inc. - Common Stock (NET) Institutional Ownership

CUSIP: 18915M107

13F Institutional Holders and Ownership History from Q1 2019 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

1,078

Shares (Excl. Options)

277,686,178

Price

$197.15

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Type / Class
Equity / Common Stock
Symbol
NET on NYSE
Shares outstanding
315,511,164
Price per share
$184.02
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
277,686,178
Total reported value
$54,746,215,715
% of total 13F portfolios
0.02%
Share change
+1,104,256
Value change
+$205,664,740
Number of holders
1,078
Price from insider filings
$184.02
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • NET - Cloudflare, Inc. - Common Stock is tracked under CUSIP 18915M107.
  • 1078 institutions reported positions in Q4 2025.
  • 6 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 1,078 to 884 between Q4 2025 and Q1 2026.
  • Reported value moved from $54,746,215,715 to $38,396,269,736.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 1078 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 18915M107?
CUSIP 18915M107 identifies NET - Cloudflare, Inc. - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

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

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Prince Matthew 7.7% $5,192,636,655 26,338,507 Matthew Prince 31 Dec 2025
Capital World Investors 7.3% -35% $4,238,406,606 -$2,454,061,461 23,032,315 -37% Capital World Investors 31 Mar 2026
BAILLIE GIFFORD & CO 5.3% -24% $3,316,841,151 -$990,637,940 16,823,947 -23% BAILLIE GIFFORD & CO 31 Dec 2025
MORGAN STANLEY 5.3% -17% $3,312,793,267 -$663,856,098 16,803,415 -17% Morgan Stanley 31 Dec 2025
VANGUARD CAPITAL MANAGEMENT LLC 5.2% $3,403,047,594 16,492,428 Vanguard Capital Management 31 Mar 2026
VANGUARD PORTFOLIO MANAGEMENT LLC 5.1% $3,326,650,415 16,122,179 Vanguard Portfolio Management 31 Mar 2026

As of 31 Dec 2025, 1,078 institutional investors reported holding 277,686,178 shares of Cloudflare, Inc. - Common Stock (NET). This represents 88% of the company’s total 315,511,164 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Cloudflare, Inc. - Common Stock (NET) together control 66% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Capital World Investors 11% 35,825,517 -12% 0.96% $7,063,158,105
VANGUARD GROUP INC 10% 32,407,646 +0.28% 0.09% $6,389,167,409
BlackRock, Inc. 7.2% 22,653,454 +0.09% 0.08% $4,466,128,440
MORGAN STANLEY 5.7% 18,009,245 -5.3% 0.21% $3,550,523,235
BAILLIE GIFFORD & CO 5.3% 16,823,947 -23% 2.8% $3,316,841,151
JPMORGAN CHASE & CO 4.3% 13,607,106 +29% 0.18% $2,682,641,472
FMR LLC 4% 12,750,499 -3.8% 0.13% $2,513,760,757
STATE STREET CORP 2.2% 6,988,989 +2.6% 0.05% $1,377,879,181
GEODE CAPITAL MANAGEMENT, LLC 1.9% 6,018,175 +4.2% 0.07% $1,184,043,818
FIRST TRUST ADVISORS LP 1.3% 4,019,157 +1.6% 0.58% $792,376,804
SANDS CAPITAL MANAGEMENT, LLC 1.2% 3,731,287 -2% 2.2% $735,623,232
Invesco Ltd. 1.2% 3,700,696 -6.7% 0.11% $729,592,228
NORGES BANK 1.2% 3,643,501 0.08% $718,316,222
FRANKLIN RESOURCES INC 1.1% 3,575,711 +13% 0.17% $704,951,412
AMERICAN CENTURY COMPANIES INC 1% 3,174,409 +8.3% 0.31% $625,834,734
Legal & General Group Plc 0.9% 2,824,772 +4.9% 0.12% $556,903,799
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.78% 2,463,842 -0.81% 0.1% $485,746,450
TWO SIGMA ADVISERS, LP 0.74% 2,340,000 +53% 0.9% $461,331,000
GOLDMAN SACHS GROUP INC 0.74% 2,334,059 -3.9% 0.07% $460,159,783
VOYA INVESTMENT MANAGEMENT LLC 0.73% 2,294,562 +2.1% 0.45% $452,125,478
BANK OF AMERICA CORP /DE/ 0.72% 2,285,370 +2.6% 0.03% $450,560,669
NORTHERN TRUST CORP 0.62% 1,971,595 +3.3% 0.05% $388,699,954
JENNISON ASSOCIATES LLC 0.59% 1,863,612 +803% 0.22% $367,411,096
GILDER GAGNON HOWE & CO LLC 0.56% 1,754,461 -4.5% 3.7% $345,891,953
ROYAL BANK OF CANADA 0.54% 1,713,666 -3.8% 0.06% $337,849,000

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

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 186,520,204 $38,396,269,736 -$2,163,432,724 $206.34 884
2025 Q4 277,686,178 $54,746,215,715 +$205,664,740 $197.15 1,078
2025 Q3 275,048,193 $59,021,397,426 -$431,702,179 $214.59 1,032
2025 Q2 277,251,474 $54,266,801,392 +$3,418,419,223 $195.83 937
2025 Q1 261,622,889 $29,476,313,546 -$202,147,325 $112.69 864
2024 Q4 263,481,148 $28,382,189,593 +$783,637,499 $107.68 761
2024 Q3 255,640,667 $20,707,154,149 +$59,897,258 $80.89 671
2024 Q2 254,682,622 $21,094,587,232 +$485,990,553 $82.83 642
2024 Q1 249,086,539 $24,107,295,988 +$62,213,050 $96.83 695
2023 Q4 248,903,160 $20,718,540,014 -$138,008,916 $83.26 668
2023 Q3 250,585,616 $15,792,643,944 +$325,990,022 $63.04 564
2023 Q2 245,307,264 $16,030,884,313 +$167,877,387 $65.37 553
2023 Q1 244,541,448 $15,069,401,318 +$232,380,839 $61.66 561
2022 Q4 244,218,404 $11,037,435,772 +$434,369,002 $45.21 539
2022 Q3 234,505,561 $12,975,381,206 -$74,315,015 $55.31 541
2022 Q2 235,567,811 $10,314,480,087 -$69,758,341 $43.75 514
2022 Q1 233,310,448 $27,923,520,526 +$662,258,041 $119.70 616
2021 Q4 226,012,262 $29,720,567,276 +$296,143,466 $131.50 650
2021 Q3 217,807,086 $24,534,638,043 +$1,193,155,634 $112.65 598
2021 Q2 213,552,618 $22,601,919,464 +$2,006,929,516 $105.84 525
2021 Q1 195,479,309 $13,730,218,937 +$623,577,168 $70.26 487
2020 Q4 186,228,058 $14,155,358,300 +$1,192,397,911 $75.99 479
2020 Q3 170,279,747 $6,991,174,066 +$1,111,524,702 $41.06 310
2020 Q2 150,162,857 $5,407,732,955 +$1,312,696,230 $35.95 258
2020 Q1 81,523,797 $1,915,062,236 +$362,512,619 $23.48 138
2019 Q4 67,123,334 $1,133,696,800 +$42,493,533 $17.06 105
2019 Q3 63,677,798 $1,155,093,380 +$1,153,742,380 $18.57 121
2019 Q2 2,201 $233,000 $105.86 1
2019 Q1 2,201 $233,000 $105.86 1
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