Vault-13

CLOUDFLARE INC NET 0 08.15.26

NOTE 8/1 · US DOMESTIC · CUSIP 18915MAC1

73 institutional holders +11 vs Q2 2023
50,951,83451.0m shares reported held*
$5.7bnreported value*
14 new 8 added 22 reduced 3 sold out net bought ≈ $2.9m (+4.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $111.44.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 58Q1 23: 62Q2 23: 62Q3 23: 7373Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202260
Q4 202258
Q1 202362
Q2 202362
Q3 202373

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 23 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 32 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 23 bought or addedQ2 23: 31 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 25 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222327
Q1 20233224
Q2 20232331
Q3 20232225

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ4 22 calls: $0Q4 22 puts: $52.2mQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $76.0mQ1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$0$52.2m—
Q1 2023$0$76.0m—
Q2 2023$0$0—
Q3 2023$0$0—

Biggest buyers

Linden Advisors LP Added +42,000,000+42.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +13,030,000+13.0m
SONA ASSET MANAGEMENT (US) LLC New +10,000,000+10.0m
READYSTATE ASSET MANAGEMENT LP Added +6,000,000+6.0m
LAZARD ASSET MANAGEMENT LLC Added +5,963,000+6.0m
BANK OF NOVA SCOTIA New +5,396,000+5.4m
WOLVERINE ASSET MANAGEMENT LLC Added +5,100,000+5.1m
STATE STREET CORP Added +3,000,000+3.0m
CAPSTONE INVESTMENT ADVISORS, LLC New +3,000,000+3.0m
JANE STREET GROUP, LLC New +2,800,000+2.8m

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -28,330,000-28.3m
SONA ASSET MANAGEMENT (US) LLC Sold out -20,400,000-20.4m
SSI INVESTMENT MANAGEMENT LLC Reduced -13,731,000-13.7m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -11,012,000-11.0m
BANK OF AMERICA CORP /DE/ Reduced -6,661,000-6.7m
SOROS FUND MANAGEMENT LLC Reduced -5,000,000-5.0m
D. E. Shaw & Co., Inc. Reduced -4,000,000-4.0m
PUTNAM INVESTMENTS LLC Reduced -3,627,000-3.6m
Paloma Partners Management Co Reduced -2,300,000-2.3m
Ionic Capital Management LLC Reduced -1,500,000-1.5m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio ATLANTA, GA 168,675,000168.7m $144.2m $144.2m 0.16% Reduced -28.3m -28,330,000
2 SOROS FUND MANAGEMENT LLC 1.89% of their portfolio NEW YORK, NY 108,500,000108.5m $92.4m $92.4m 1.89% Reduced -5.0m -5,000,000
3 Linden Advisors LP 0.92% of their portfolio New York, NY 105,096,000105.1m $89.4m $89.4m 0.92% Added +42.0m +42,000,000
4 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 102,139,000102.1m $87.3m $87.3m 0.12% Added +6.0m +5,963,000
5 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 80,000,00080.0m $68.4m $68.4m 0.03% Unchanged
6 Calamos Advisors LLC 0.28% of their portfolio NAPERVILLE, IL 60,308,00060.3m $51.3m $51.3m 0.28% Unchanged
7 STEELHEAD PARTNERS LLC 2.79% of their portfolio SEATTLE, WA 56,000,00056.0m $47.7m $47.7m 2.79% Unchanged
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 2.71% of their portfolio Toronto, A6 54,544,00054.5m $4.7bn $4.7bn 2.71% Added +13.0m +13,030,000
9 Davidson Kempner Capital Management LP 0.65% of their portfolio New York, NY 50,000,00050.0m $42.5m $42.5m 0.65% Reduced -1.0m -1,000,000
10 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 44,000,00044.0m $37.5m $37.5m 0.04% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 33,900,00033.9m $28.8m $28.8m 0.00% Added +3.0m +3,000,000
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.60% of their portfolio NEW YORK, NY 30,066,00030.1m $25.7m $25.7m 0.60% Reduced -11.0m -11,012,000
13 WOLVERINE ASSET MANAGEMENT LLC 0.47% of their portfolio CHICAGO, IL 29,972,00030.0m $25.5m $25.5m 0.47% Added +5.1m +5,100,000
14 AVIVA PLC 0.09% of their portfolio LONDON, X0 24,000,00024.0m $20.4m $20.4m 0.09% Unchanged
15 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 21,790,00021.8m $18.5m $18.5m 0.04% Reduced -852.0k -852,000
16 READYSTATE ASSET MANAGEMENT LP 1.50% of their portfolio CHICAGO, IL 21,000,00021.0m $18.0m $18.0m 1.50% Added +6.0m +6,000,000
17 FMR LLC 0.00% of their portfolio BOSTON, MA 17,050,00017.1m $14.5m $14.5m 0.00% Unchanged
18 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 15,775,00015.8m $13.4m $13.4m 0.03% Reduced -896.0k -896,000
19 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 15,775,00015.8m $13.4m $13.4m 0.03% Reduced -896.0k -896,000
20 BlackRock Inc. 0.00% of their portfolio New York, NY 11,555,00011.6m $9.8m $9.8m 0.00% Added +1.4m +1,400,000
21 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 10,742,00010.7m $9.2m $9.2m 0.01% Added +2.2m +2,193,000
22 SONA ASSET MANAGEMENT (US) LLC 1.14% of their portfolio NEW YORK, NY 10,000,00010.0m $8.5m $8.5m 1.14% New
23 Amundi 0.00% of their portfolio Paris, I0 9,993,00010.0m $8.5m $8.5m 0.00% Unchanged
24 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,560,0009.6m $8.1m $8.1m 0.00% Unchanged
25 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 6,690,0006.7m $5.7m $5.7m 0.01% Reduced -4.0m -4,000,000
26 OAKTREE CAPITAL MANAGEMENT LP 0.08% of their portfolio LOS ANGELES, CA 6,454,0006.5m $5.5m $5.5m 0.08% Reduced -1.2m -1,250,000
27 SSI INVESTMENT MANAGEMENT LLC 0.44% of their portfolio Los Angeles, CA 6,270,0006.3m $5.3m $5.3m 0.44% Reduced -13.7m -13,731,000
28 Ionic Capital Management LLC 2.02% of their portfolio NEW YORK, NY 6,056,0006.1m $5.2m $5.2m 2.02% Reduced -1.5m -1,500,000
29 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.02% of their portfolio Paris, I0 6,000,0006.0m $5.1m $5.1m 0.02% Unchanged
30 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 5,396,0005.4m $4.6m $4.6m 0.01% New
31 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 4,738,0004.7m $4.0m $4.0m 0.01% Reduced -3.6m -3,627,000
32 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 4,728,0004.7m $4.0m $4.0m 0.01% Reduced -716.0k -716,000
33 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 4,600,0004.6m $3.9m $3.9m 0.00% Reduced -1.0m -1,000,000
34 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 4,373,0004.4m $3.7m $3.7m 0.00% Unchanged
35 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,600,0003.6m $3.1m $3.1m 0.00% Reduced -85.0k -85,000
36 ONTARIO TEACHERS PENSION PLAN BOARD 0.03% of their portfolio Toronto, A6 3,500,0003.5m $3.0m $3.0m 0.03% Unchanged
37 Aequim Alternative Investments LP 0.11% of their portfolio MILL VALLEY, CA 3,500,0003.5m $3.0m $3.0m 0.11% Unchanged
38 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,000,0003.0m $2.5m $2.5m 0.00% Reduced -1.2m -1,238,000
39 CAPSTONE INVESTMENT ADVISORS, LLC 0.07% of their portfolio NEW YORK, NY 3,000,0003.0m $2.6m $2.6m 0.07% New
40 EDMOND DE ROTHSCHILD HOLDING S.A. 0.05% of their portfolio CHAMBESY, V8 2,985,0003.0m $2.5m $2.5m 0.05% Unchanged
41 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 2,800,0002.8m $2.4m $2.4m 0.00% New
42 Kohlberg Kravis Roberts & Co. L.P. 0.08% of their portfolio NEW YORK, NY 2,695,0002.7m $2.3m $2.3m 0.08% New
43 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,550,0002.5m $2.2m $2.2m 0.00% Unchanged
44 Daiwa Securities Group Inc. 0.02% of their portfolio CHIYODA-KU,TOKYO, M0 2,500,0002.5m $2.1m $2.1m 0.02% New
45 TENOR CAPITAL MANAGEMENT Co., L.P. 0.04% of their portfolio NEW YORK, NY 2,000,0002.0m $1.7m $1.7m 0.04% New
46 Anson Funds Management LP 0.51% of their portfolio DALLAS, TX 2,000,0002.0m $1.7m $1.7m 0.51% Unchanged
47 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 1,680,0001.7m $1.4m $1.4m 0.04% New
48 Castle Creek Arbitrage, LLC 0.30% of their portfolio AVON, CO 1,500,0001.5m $1.3m $1.3m 0.30% Unchanged
49 Paloma Partners Management Co 0.23% of their portfolio GREENWICH, CT 1,300,0001.3m $1.1m $1.1m 0.23% Reduced -2.3m -2,300,000
50 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,172,0001.2m $987.0k $987.0k 0.00% Reduced -35.0k -35,000
51 Man Group plc 0.00% of their portfolio LONDON, X0 1,000,0001.0m $855.0k $855.0k 0.00% New
52 Ayrton Capital LLC 5.78% of their portfolio Westport, CT 1,000,0001.0m $851.9k $851.9k 5.78% Unchanged
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 900,000900.0k $767.0k $767.0k 0.00% Unchanged
54 BASSO CAPITAL MANAGEMENT, L.P. 0.75% of their portfolio STAMFORD, CT 800,000800.0k $680.0k $680.0k 0.75% Unchanged
55 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 642,000642.0k $545.7k $545.7k 0.00% Reduced -485.0k -485,000
56 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 606,000606.0k $516.4k $516.4k 0.00% New
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 509,000509.0k $433.8k $433.8k 0.00% Unchanged
58 Pinnacle Holdings, LLC 0.20% of their portfolio TULSA, OK 500,000500.0k $425.0k $425.0k 0.20% Unchanged
59 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 140,000140.0k $119.0k $119.0k 0.00% Reduced -294.0k -294,000
60 Oaktree Fund Advisors, LLC 0.08% of their portfolio LOS ANGLES, CA 99,00099.0k $84.6k $84.6k 0.08% Unchanged
61 MIZUHO SECURITIES USA LLC 0.00% of their portfolio NEW YORK, NY 95,00095.0k $80.2k $80.2k 0.00% Reduced -1.5m -1,468,000
62 NOMURA HOLDINGS INC 0.06% of their portfolio TOKYO, M0 94,50594.5k $6.0m $6.0m 0.06% New
63 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 47,43447.4k $3.0m $3.0m 0.01% Unchanged
64 Verition Fund Management LLC 0.46% of their portfolio GREENWICH, CT 40,00040.0k $34.2m $34.2m 0.46% Unchanged
65 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 32,00032.0k $27.2k $27.2k 0.00% Unchanged
66 COMERICA BANK 0.00% of their portfolio DALLAS, TX 17,00017.0k $14.4k $14.4k 0.00% New
67 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 15,00015.0k $12.8k $12.8k 0.00% Reduced -6.7m -6,661,000
68 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 12,00012.0k $10.2k $10.2k 0.00% New
69 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 10,00010.0k $8.5k $8.5k 0.00% Unchanged
70 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 5,0005.0k $4.2k $4.2k 0.00% Unchanged
71 OFI INVEST ASSET MANAGEMENT 0.07% of their portfolio ISSY LES MOULINEAUX, I0 2,4002.4k $2.0m $2.0m 0.07% New
72 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 2,0002.0k $170.0k $170.0k 0.00% Unchanged
73 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged