Vault-13

CLOUDFLARE INC NET 0 08.15.26

NOTE 8/1 · US DOMESTIC · CUSIP 18915MAC1

67 institutional holders +10 vs Q4 2024
36,448,39836.4m shares reported held*
$1.5bnreported value*
32 new 17 added 9 reduced 21 sold out net bought ≈ $279.7m (+12.2m 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 ≈ $42.50.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 60Q4 22: 58Q1 23: 62Q2 23: 62Q3 23: 73Q4 23: 62Q1 24: 60Q2 24: 65Q3 24: 62Q4 24: 57Q1 25: 6767Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202260
Q4 202258
Q1 202362
Q2 202362
Q3 202373
Q4 202362
Q1 202460
Q2 202465
Q3 202462
Q4 202457
Q1 202567

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 23: 23 bought or addedQ2 23: 31 cut or sold outQ3 23: 22 bought or addedQ3 23: 25 cut or sold outQ3 23Q4 23: 24 bought or addedQ4 23: 29 cut or sold outQ1 24: 27 bought or addedQ1 24: 26 cut or sold outQ1 24Q2 24: 25 bought or addedQ2 24: 33 cut or sold outQ3 24: 30 bought or addedQ3 24: 25 cut or sold outQ3 24Q4 24: 26 bought or addedQ4 24: 34 cut or sold outQ1 25: 49 bought or addedQ1 25: 30 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232331
Q3 20232225
Q4 20232429
Q1 20242726
Q2 20242533
Q3 20243025
Q4 20242634
Q1 20254930

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +290,250,000+290.2m
ARISTEIA CAPITAL, L.L.C. New +64,548,000+64.5m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +47,864,000+47.9m
Balyasny Asset Management L.P. Added +47,000,000+47.0m
MacKay Shields LLC New +37,498,000+37.5m
LORD, ABBETT & CO. LLC Added +32,596,000+32.6m
ADVENT CAPITAL MANAGEMENT /DE/ New +24,594,000+24.6m
Lombard Odier Asset Management (Europe) Ltd New +21,472,000+21.5m
Calamos Advisors LLC Added +20,263,000+20.3m
LAZARD ASSET MANAGEMENT LLC Added +17,198,000+17.2m

Biggest sellers

SOROS FUND MANAGEMENT LLC Sold out -86,000,000-86.0m
WOLVERINE ASSET MANAGEMENT LLC Sold out -75,739,000-75.7m
D. E. Shaw & Co., Inc. Sold out -56,437,000-56.4m
Verition Fund Management LLC Sold out -52,000,000-52.0m
AQR Arbitrage LLC Sold out -34,660,000-34.7m
Walleye Capital LLC Reduced -30,000,000-30.0m
CAPSTONE INVESTMENT ADVISORS, LLC Reduced -16,500,000-16.5m
Magnetar Financial LLC Sold out -15,217,000-15.2m
TWO SIGMA INVESTMENTS, LP Sold out -10,000,000-10.0m
MILLENNIUM MANAGEMENT LLC Sold out -7,000,000-7.0m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.25% of their portfolio ATLANTA, GA 444,060,000444.1m $446.6m $446.6m 0.25% Added +290.2m +290,250,000
2 TENOR CAPITAL MANAGEMENT Co., L.P. 2.12% of their portfolio NEW YORK, NY 147,864,000147.9m $148.6m $148.6m 2.12% Added +47.9m +47,864,000
3 Calamos Advisors LLC 0.38% of their portfolio NAPERVILLE, IL 80,382,00080.4m $80.8m $80.8m 0.38% Added +20.3m +20,263,000
4 STEELHEAD PARTNERS LLC 4.64% of their portfolio SEATTLE, WA 80,000,00080.0m $80.4m $80.4m 4.64% Unchanged
5 LAZARD ASSET MANAGEMENT LLC 0.12% of their portfolio NEW YORK, NY 74,643,00074.6m $75.1m $75.1m 0.12% Added +17.2m +17,198,000
6 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 72,000,00072.0m $72.4m $72.4m 0.02% Unchanged
7 ARISTEIA CAPITAL, L.L.C. 2.01% of their portfolio GREENWICH, CT 64,548,00064.5m $64.9m $64.9m 2.01% New
8 CAPSTONE INVESTMENT ADVISORS, LLC 0.57% of their portfolio NEW YORK, NY 61,426,00061.4m $61.8m $61.8m 0.57% Reduced -16.5m -16,500,000
9 DeepCurrents Investment Group LLC 2.02% of their portfolio NEW YORK, NY 58,101,00058.1m $58.3m $58.3m 2.02% Reduced -7.0m -7,000,000
10 BlackRock, Inc. 0.00% of their portfolio New York, NY 57,485,00057.5m $57.7m $57.7m 0.00% Added +4.2m +4,180,000
11 Balyasny Asset Management L.P. 0.13% of their portfolio Chicago, IL 50,500,00050.5m $50.8m $50.8m 0.13% Added +47.0m +47,000,000
12 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 37,665,00037.7m $37.9m $37.9m 0.13% Added +32.6m +32,596,000
13 MacKay Shields LLC 1.21% of their portfolio New York, NY 37,498,00037.5m $37.7m $37.7m 1.21% New
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 25,650,00025.6m $25.8m $25.8m 0.00% Reduced -3.8m -3,750,000
15 ADVENT CAPITAL MANAGEMENT /DE/ 0.57% of their portfolio NEW YORK, NY 24,594,00024.6m $24.7m $24.7m 0.57% New
16 Lombard Odier Asset Management (Europe) Ltd 1.73% of their portfolio LONDON, X0 21,472,00021.5m $21.5m $21.5m 1.73% New
17 MIZUHO SECURITIES USA LLC 0.46% of their portfolio NEW YORK, NY 21,324,00021.3m $21.2m $21.2m 0.46% Added +8.8m +8,824,000
18 FMR LLC 0.00% of their portfolio BOSTON, MA 16,425,00016.4m $16.5m $16.5m 0.00% Unchanged
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 13,000,00013.0m $13.1m $13.1m 0.02% Added +12.2m +12,250,000
20 Alberta Investment Management Corp 0.09% of their portfolio EDMONTON, A0 12,500,00012.5m $12.6m $12.6m 0.09% New
21 SSI INVESTMENT MANAGEMENT LLC 0.83% of their portfolio Los Angeles, CA 10,627,00010.6m $10.7m $10.7m 0.83% New
22 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 10,000,00010.0m $10.1m $10.1m 0.02% Reduced -5.1m -5,100,000
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,877,0009.9m $9.9m $9.9m 0.00% Reduced -3.3m -3,321,000
24 Walleye Capital LLC 0.09% of their portfolio NEW YORK, NY 8,000,0008.0m $8.0m $8.0m 0.09% Reduced -30.0m -30,000,000
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7,833,0007.8m $7.9m $7.9m 0.00% Added +7.4m +7,373,000
26 RWC Asset Management LLP 0.36% of their portfolio LONDON, X0 7,000,0007.0m $7.0m $7.0m 0.36% New
27 ABSOLUTE INVESTMENT ADVISERS, LLC 0.95% of their portfolio ROSEMARY BEACH, FL 6,500,0006.5m $6.5m $6.5m 0.95% Reduced -1.0m -1,000,000
28 Nicholas Investment Partners, LP 0.64% of their portfolio RANCHO SANTA FE, CA 6,225,0006.2m $6.2m $6.2m 0.64% Added +2.0m +2,000,000
29 Polar Capital Holdings Plc 0.03% of their portfolio London, X0 5,000,0005.0m $5.0m $5.0m 0.03% New
30 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 4,959,0005.0m $5.0m $5.0m 0.01% New
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,336,0003.3m $3.4m $3.4m 0.00% Reduced -485.0k -485,000
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,250,0003.2m $3.3m $3.3m 0.00% New
33 PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio FORT LEE, NJ 3,200,0003.2m $3.2m $3.2m 0.09% Added +389.0k +389,000
34 SHENKMAN CAPITAL MANAGEMENT INC 0.32% of their portfolio NEW YORK, NY 3,171,0003.2m $3.2m $3.2m 0.32% New
35 AXA S.A. 0.01% of their portfolio PARIS, I0 3,100,0003.1m $3.1m $3.1m 0.01% New
36 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $3.0m $3.0m 0.01% Unchanged
37 Amundi 0.00% of their portfolio Paris, I0 2,858,0002.9m $2.8m $2.8m 0.00% Added +2.4m +2,365,000
38 Jefferies Financial Group Inc. 0.04% of their portfolio NEW YORK, NY 2,376,0002.4m $2.4m $2.4m 0.04% New
39 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 2,225,0002.2m $2.2m $2.2m 0.00% New
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,827,0001.8m $1.8m $1.8m 0.00% Added +1.7m +1,677,000
41 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,696,0001.7m $1.7m $1.7m 0.00% First filing
42 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,214,0001.2m $1.2m $1.2m 0.00% New
43 DNCA FINANCE 0.08% of their portfolio PARIS, I0 900,000900.0k $904.5k $904.5k 0.08% Added +100.0k +100,000
44 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 725,000725.0k $727.9k $727.9k 0.00% New
45 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 700,000700.0k $703.5k $703.5k 0.00% Added +692.0k +692,000
46 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 700,000700.0k $702.2k $702.2k 0.00% New
47 Central Pacific Bank - Trust Division 0.08% of their portfolio HONOLULU, HI 599,000599.0k $601.4k $601.4k 0.08% New
48 Calamos Wealth Management LLC 0.03% of their portfolio NAPERVILLE, IL 553,000553.0k $556.0k $556.0k 0.03% New
49 Pinnacle Holdings, LLC 0.19% of their portfolio TULSA, OK 500,000500.0k $502.0k $502.0k 0.19% Unchanged
50 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 399,800399.8k $401.4k $401.4k 0.00% Added +384.0k +384,000
51 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 388,000388.0k $389.6k $389.6k 0.00% New
52 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 320,000320.0k $321.7k $321.7k 0.00% New
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 268,000268.0k $269.1k $269.1k 0.00% New
54 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $250.7k $250.7k 0.00% New
55 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 184,000184.0k $184.7k $184.7k 0.00% New
56 Man Group plc 0.00% of their portfolio LONDON, X0 180,000180.0k $180.8k $180.8k 0.00% New
57 NOMURA HOLDINGS INC 0.09% of their portfolio TOKYO, M0 141,398141.4k $15.9m $15.9m 0.09% Reduced -52.7k -52,651
58 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 57,00057.0k $57.2k $57.2k 0.00% New
59 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 40,00040.0k $40.2k $40.2k 0.00% New
60 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 36,00036.0k $36.2k $36.2k 0.01% New
61 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 25,00025.0k $25.1k $25.1k 0.00% New
62 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 14,05614.1k $14.1k $14.1k 0.00% New
63 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 12,00012.0k $12.0k $12.0k 0.00% Unchanged
64 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 10,00010.0k $10.0m $10.0m 0.02% New
65 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 10,00010.0k $10.0k $10.0k 0.00% New
66 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $3.0k $3.0k 0.00% Unchanged
67 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged