Vault-13

CLOUDFLARE INC NET 0 08.15.26

NOTE 8/1 · US DOMESTIC · CUSIP 18915MAC1

70 institutional holders +10 vs Q4 2025
48,363,69548.4m shares reported held*
$1.5bnreported value*
20 new 17 added 16 reduced 11 sold out net sold ≈ $48.2m (-14.1m 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 ≈ $29.98.

Trends to Q1 2026

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: 67Q2 25: 64Q3 25: 64Q4 25: 60Q1 26: 7070Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202260
Q4 202258
Q1 202362
Q2 202362
Q3 202373
Q4 202362
Q1 202460
Q2 202465
Q3 202462
Q4 202457
Q1 202567
Q2 202564
Q3 202564
Q4 202560
Q1 202670

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 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 25Q2 25: 30 bought or addedQ2 25: 36 cut or sold outQ3 25: 26 bought or addedQ3 25: 31 cut or sold outQ3 25Q4 25: 21 bought or addedQ4 25: 31 cut or sold outQ1 26: 37 bought or addedQ1 26: 27 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242533
Q3 20243025
Q4 20242634
Q1 20254930
Q2 20253036
Q3 20252631
Q4 20252131
Q1 20263727

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +44,870,000+44.9m
Walleye Capital LLC New +42,500,000+42.5m
MILLENNIUM MANAGEMENT LLC New +30,000,000+30.0m
TWO SIGMA INVESTMENTS, LP New +24,257,000+24.3m
Brevan Howard Capital Management LP New +20,000,000+20.0m
Daiwa Securities Group Inc. New +20,000,000+20.0m
CSS LLC/IL New +13,412,000+13.4m
SSI INVESTMENT MANAGEMENT LLC New +10,328,000+10.3m
DeepCurrents Investment Group LLC Added +9,500,000+9.5m
MIZUHO SECURITIES USA LLC Added +8,812,000+8.8m

Biggest sellers

ARISTEIA CAPITAL, L.L.C. Sold out -103,712,000-103.7m
TENOR CAPITAL MANAGEMENT Co., L.P. Reduced -47,500,000-47.5m
Ovata Capital Management Ltd Sold out -33,245,000-33.2m
D. E. Shaw & Co., Inc. Reduced -26,511,000-26.5m
LAZARD ASSET MANAGEMENT LLC Reduced -24,524,000-24.5m
Calamos Advisors LLC Reduced -24,292,000-24.3m
Balyasny Asset Management L.P. Reduced -20,000,000-20.0m
Sculptor Capital LP Reduced -15,000,000-15.0m
STEELHEAD PARTNERS LLC Reduced -14,000,000-14.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -10,420,000-10.4m

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.35% of their portfolio ATLANTA, GA 290,700,000290.7m $340.9m $340.9m 0.35% Added +44.9m +44,870,000
2 D. E. Shaw & Co., Inc. 0.09% of their portfolio New York, NY 98,361,00098.4m $115.5m $115.5m 0.09% Reduced -26.5m -26,511,000
3 CAPSTONE INVESTMENT ADVISORS, LLC 0.88% of their portfolio NEW YORK, NY 91,250,00091.2m $107.0m $107.0m 0.88% Added +6.2m +6,193,000
4 DeepCurrents Investment Group LLC 3.40% of their portfolio NEW YORK, NY 70,101,00070.1m $82.8m $82.8m 3.40% Added +9.5m +9,500,000
5 STEELHEAD PARTNERS LLC 5.91% of their portfolio SEATTLE, WA 70,000,00070.0m $82.2m $82.2m 5.91% Reduced -14.0m -14,000,000
6 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 64,000,00064.0m $75.0m $75.0m 0.02% Unchanged
7 TENOR CAPITAL MANAGEMENT Co., L.P. 0.95% of their portfolio NEW YORK, NY 52,500,00052.5m $61.6m $61.6m 0.95% Reduced -47.5m -47,500,000
8 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 45,617,00045.6m $534.9k $534.9k 0.00% Reduced -24.5m -24,524,000
9 Sculptor Capital LP 0.60% of their portfolio New York, NY 45,000,00045.0m $52.8m $52.8m 0.60% Reduced -15.0m -15,000,000
10 Walleye Capital LLC 0.31% of their portfolio NEW YORK, NY 42,500,00042.5m $49.8m $49.8m 0.31% New
11 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 30,000,00030.0m $35.2m $35.2m 0.03% New
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 27,825,00027.8m $32.5m $32.5m 0.00% Added +1.0m +1,000,000
13 Calamos Advisors LLC 0.12% of their portfolio NAPERVILLE, IL 27,421,00027.4m $32.2m $32.2m 0.12% Reduced -24.3m -24,292,000
14 MIZUHO SECURITIES USA LLC 0.70% of their portfolio NEW YORK, NY 25,579,00025.6m $29.7m $29.7m 0.70% Added +8.8m +8,812,000
15 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 24,257,00024.3m $28.4m $28.4m 0.02% New
16 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 23,697,00023.7m $27.7m $27.7m 0.02% Added +5.5m +5,504,000
17 O'Connor Alternative Investments LLC 1.32% of their portfolio NEW YORK, NY 21,500,00021.5m $25.2m $25.2m 1.32% First filing
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 20,200,00020.2m $23.6m $23.6m 0.00% Added +4.0m +4,000,000
19 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 20,000,00020.0m $23.5m $23.5m 0.05% Reduced -20.0m -20,000,000
20 Daiwa Securities Group Inc. 0.07% of their portfolio CHIYODA-KU,TOKYO, M0 20,000,00020.0m $23.5m $23.5m 0.07% New
21 Brevan Howard Capital Management LP 0.23% of their portfolio ST. HELIER, Y9 20,000,00020.0m $22.9m $22.9m 0.23% New
22 FMR LLC 0.00% of their portfolio BOSTON, MA 14,508,00014.5m $17.0m $17.0m 0.00% Unchanged
23 CSS LLC/IL 0.87% of their portfolio CHICAGO, IL 13,412,00013.4m $15.7m $15.7m 0.87% New
24 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 12,500,00012.5m $14.5m $14.5m 0.01% Unchanged
25 SSI INVESTMENT MANAGEMENT LLC 0.83% of their portfolio Los Angeles, CA 10,328,00010.3m $12.1m $12.1m 0.83% New
26 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 9,282,0009.3m $10.9m $10.9m 0.04% Added +314.0k +314,000
27 Aequim Alternative Investments LP 0.18% of their portfolio MILL VALLEY, CA 7,850,0007.8m $9.2m $9.2m 0.18% New
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 7,500,0007.5m $8.8m $8.8m 0.01% New
29 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 6,465,0006.5m $7.5m $7.5m 0.01% Unchanged
30 RWC Asset Management LLP 0.30% of their portfolio LONDON, X0 6,098,0006.1m $7.2m $7.2m 0.30% Added +103.0k +103,000
31 ADVENT CAPITAL MANAGEMENT /DE/ 0.20% of their portfolio NEW YORK, NY 5,778,0005.8m $6.8m $6.8m 0.20% New
32 MacKay Shields LLC 0.24% of their portfolio New York, NY 5,680,0005.7m $6.6m $6.6m 0.24% Reduced -35.0k -35,000
33 Skaana Management L.P. 2.59% of their portfolio BROOKLYN, NY 5,500,0005.5m $6.5m $6.5m 2.59% New
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,156,0005.2m $5.9m $5.9m 0.00% Reduced -8.4m -8,417,000
35 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.36% of their portfolio NEW YORK, NY 5,000,0005.0m $5.7m $5.7m 0.36% New
36 SUSQUEHANNA ADVISORS GROUP, INC. 0.00% of their portfolio BALA CYNWYD, PA 5,000,0005.0m $58.7k $58.7k 0.00% New
37 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,403,0003.4m $4.0m $4.0m 0.00% New
38 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 3,000,0003.0m $3.5m $3.5m 0.01% Unchanged
39 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio PHILADELPHIA, PA 2,000,0002.0m $2.3m $2.3m 0.00% Unchanged
40 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,952,0002.0m $2.3m $2.3m 0.00% Added +313.0k +313,000
41 ZAZOVE ASSOCIATES LLC 0.11% of their portfolio INCLINE VILLAGE, NV 1,950,0001.9m $2.3m $2.3m 0.11% New
42 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,747,0001.7m $2.1m $2.1m 0.00% Reduced -2.9m -2,921,000
43 CANTOR FITZGERALD, L. P. 0.06% of their portfolio NEW YORK, NY 1,500,0001.5m $1.8m $1.8m 0.06% Reduced -1.0m -1,000,000
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,252,0001.3m $1.5m $1.5m 0.00% Reduced -6.9m -6,899,000
45 Man Group plc 0.00% of their portfolio LONDON, X0 1,235,0001.2m $1.4m $1.4m 0.00% Added +5.0k +5,000
46 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,200,0001.2m $1.4m $1.4m 0.00% Added +1.0m +1,000,000
47 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,186,0001.2m $1.4m $1.4m 0.00% Reduced -5.2m -5,200,000
48 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,000,0001.0m $1.2m $1.2m 0.00% Added +800.0k +800,000
49 DNCA FINANCE 0.05% of their portfolio PARIS, I0 780,000780.0k $917.7k $917.7k 0.05% Unchanged
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 714,000714.0k $835.8k $835.8k 0.00% Added +239.0k +239,000
51 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 652,000652.0k $764.5k $764.5k 0.01% New
52 Central Pacific Bank - Trust Division 0.09% of their portfolio HONOLULU, HI 599,000599.0k $701.2k $701.2k 0.09% Unchanged
53 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 400,000400.0k $464.0k $464.0k 0.00% Reduced -300.0k -300,000
54 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 344,000344.0k $403.8k $403.8k 0.01% Added +83.0k +83,000
55 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 320,000320.0k $375.7k $375.7k 0.00% Reduced -60.0k -60,000
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 214,000214.0k $251.8k $251.8k 0.00% Added +75.0k +75,000
57 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 181,000181.0k $211.9k $211.9k 0.00% Reduced -4.0k -4,000
58 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 79,37079.4k $9.3m $9.3m 0.01% Added +26.8k +26,780
59 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 59,00059.0k $69.1k $69.1k 0.00% Unchanged
60 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 40,00040.0k $46.8k $46.8k 0.00% Unchanged
61 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 29,00029.0k $33.6k $33.6k 0.01% Unchanged
62 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 19,00019.0k $22.2k $22.2k 0.00% Unchanged
63 NOMURA HOLDINGS INC 0.03% of their portfolio TOKYO, M0 16,42016.4k $3.4m $3.4m 0.03% New
64 BRIGHTON JONES LLC 0.00% of their portfolio SEATTLE, WA 12,00012.0k $14.0k $14.0k 0.00% New
65 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 11,00011.0k $12.9k $12.9k 0.00% New
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,00010.0k $11.9k $11.9k 0.00% New
67 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 3,0003.0k $3.5k $3.5k 0.00% Unchanged
68 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $1.2k $1.2k 0.00% Unchanged
69 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 275275 $323.6k $323.6k 0.01% Unchanged
70 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% Unchanged