Vault-13

CONFLUENT INC CFLT

CLASS A COM · Common Stock · CUSIP 20717M103 · ISIN US20717M1036

386 institutional holders -13 vs Q2 2025
266,191,181266.2m shares reported held*
$5.3bnreported value*
77 new 135 added 116 reduced 82 sold out net bought ≈ $138.5m (+7.0m 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 ($9.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.81. Options: 42 managers hold calls ($357.7m notional), 30 hold puts ($175.2m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 236Q4 22: 248Q1 23: 260Q2 23: 310Q3 23: 345Q4 23: 366Q1 24: 400Q2 24: 374Q3 24: 344Q4 24: 386Q1 25: 401Q2 25: 399Q3 25: 386386Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022236
Q4 2022248
Q1 2023260
Q2 2023310
Q3 2023345
Q4 2023366
Q1 2024400
Q2 2024374
Q3 2024344
Q4 2024386
Q1 2025401
Q2 2025399
Q3 2025386

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 222 bought or addedQ4 23: 171 cut or sold outQ1 24: 239 bought or addedQ1 24: 173 cut or sold outQ1 24Q2 24: 210 bought or addedQ2 24: 169 cut or sold outQ3 24: 183 bought or addedQ3 24: 220 cut or sold outQ3 24Q4 24: 197 bought or addedQ4 24: 168 cut or sold outQ1 25: 237 bought or addedQ1 25: 179 cut or sold outQ1 25Q2 25: 218 bought or addedQ2 25: 197 cut or sold outQ3 25: 212 bought or addedQ3 25: 198 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023222171
Q1 2024239173
Q2 2024210169
Q3 2024183220
Q4 2024197168
Q1 2025237179
Q2 2025218197
Q3 2025212198

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ4 24 calls: $220.3mQ4 24 puts: $101.2mQ4 24P/C 0.46Q1 25 calls: $274.6mQ1 25 puts: $142.8mQ1 25P/C 0.52Q2 25 calls: $224.6mQ2 25 puts: $146.3mQ2 25P/C 0.65Q3 25 calls: $357.7mQ3 25 puts: $175.2mQ3 25P/C 0.49
Numbers
QuarterCallsPutsP/C
Q4 2024$220.3m$101.2m0.46
Q1 2025$274.6m$142.8m0.52
Q2 2025$224.6m$146.3m0.65
Q3 2025$357.7m$175.2m0.49

Biggest buyers

Jericho Capital Asset Management L.P. New +8,266,000+8.3m
AQR CAPITAL MANAGEMENT LLC Added +4,773,548+4.8m
CITADEL ADVISORS LLC Added +4,197,033+4.2m
UBS Group AG Added +3,332,929+3.3m
D. E. Shaw & Co., Inc. Added +3,114,967+3.1m
MILLENNIUM MANAGEMENT LLC Added +3,097,240+3.1m
VANGUARD GROUP INC Added +2,970,708+3.0m
BROWN ADVISORY INC New +2,228,538+2.2m
Invesco Ltd. Added +2,166,196+2.2m
T. Rowe Price Investment Management, Inc. New +1,708,961+1.7m

Biggest sellers

JPMORGAN CHASE & CO Reduced -4,962,299-5.0m
Altimeter Capital Management, LP Reduced -4,271,183-4.3m
FMR LLC Reduced -4,029,238-4.0m
FRANKLIN RESOURCES INC Reduced -3,172,214-3.2m
SOMA EQUITY PARTNERS LP Reduced -3,129,553-3.1m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -3,086,316-3.1m
Atreides Management, LP Sold out -3,012,215-3.0m
Squarepoint Ops LLC Reduced -2,360,591-2.4m
Artisan Partners Limited Partnership Sold out -1,743,423-1.7m
BlackRock, Inc. Reduced -1,331,907-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $48.8m2.5m shares
SOROS FUND MANAGEMENT LLC Added $36.9m1.9m shares
SIMPLEX TRADING, LLC Added $34.7m1.8m shares
CITADEL ADVISORS LLC Added $27.5m1.4m shares
JANE STREET GROUP, LLC Added $26.1m1.3m shares
MILLENNIUM MANAGEMENT LLC Added $24.3m1.2m shares
Greenhouse Funds LLLP New $19.8m1.0m shares
IMC-Chicago, LLC Added $18.8m947.6k shares
GROUP ONE TRADING LLC Added $16.0m806.8k shares
PICTON MAHONEY ASSET MANAGEMENT New $14.8m750.0k shares

Biggest puts

JANE STREET GROUP, LLC Added $23.9m1.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $22.4m1.1m shares
CITADEL ADVISORS LLC Added $19.9m1.0m shares
WELLS FARGO & COMPANY/MN Added $19.8m1.0m shares
Centiva Capital, LP Added $10.5m530.3k shares
Caption Management, LLC Added $10.5m529.3k shares
IMC-Chicago, LLC Added $8.6m435.8k shares
SIMPLEX TRADING, LLC Added $7.8m393.8k shares
MILLENNIUM MANAGEMENT LLC Added $7.8m392.9k shares
GROUP ONE TRADING LLC Added $6.6m332.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution -6.1 pts · filed 2025-02-07 5.6% -6.1 pts 14.4m 2025-02-07

Fell to 5% or below in the last year: Kreps Edward Jay (0.0%, 2026-03-27), VANGUARD GROUP INC (0.0%, 2026-03-26), Point72 Asset Management, L.P. (0.1%, 2026-02-17)

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 31,347,21431.3m $620.7m $620.7m 0.01% Added +3.0m +2,970,708
2 BlackRock, Inc. 0.01% of their portfolio New York, NY 24,535,17624.5m $485.8m $485.8m 0.01% Reduced -1.3m -1,331,907
3 Point72 Asset Management, L.P. 0.74% of their portfolio STAMFORD, CT 17,206,43417.2m $340.7m $340.7m 0.74% Added +1.6m +1,629,487
4 Altimeter Capital Management, LP 2.95% of their portfolio MENLO PARK, CA 11,281,79311.3m $223.4m $223.4m 2.95% Reduced -4.3m -4,271,183
5 Champlain Investment Partners, LLC 1.66% of their portfolio BURLINGTON, VT 11,139,05611.1m $220.6m $220.6m 1.66% Reduced -451.0k -450,970
6 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.44% of their portfolio CHICAGO, IL 8,569,8078.6m $169.7m $169.7m 0.44% Reduced -1.1m -1,069,295
7 Jericho Capital Asset Management L.P. 1.70% of their portfolio LOS ANGELES, CA 8,266,0008.3m $163.7m $163.7m 1.70% New
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,979,7187.0m $138.2m $138.2m 0.00% Reduced -5.0m -4,962,299
9 Optimus Prime Fund Management Co., Ltd. 10.38% of their portfolio GRAND CAYMAN, E9 5,920,0005.9m $117.2m $117.2m 10.38% Added +850.0k +850,000
10 CADIAN CAPITAL MANAGEMENT, LP 6.91% of their portfolio NEW YORK, NY 5,873,6445.9m $116.3m $116.3m 6.91% Added +1.5m +1,522,447
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 5,490,9035.5m $108.7m $108.7m 0.01% Added +255.1k +255,084
12 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 5,420,2295.4m $107.3m $107.3m 0.03% Reduced -3.2m -3,172,214
13 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 5,379,3785.4m $106.5m $106.5m 0.09% Added +4.2m +4,197,033
14 Pictet Asset Management Holding SA 0.10% of their portfolio CAROUGE, V8 5,241,5735.2m $103.8m $103.8m 0.10% Reduced -386.7k -386,656
15 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 5,200,7425.2m $103.0m $103.0m 0.08% Added +3.1m +3,114,967
16 AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio Greenwich, CT 4,904,4594.9m $97.1m $97.1m 0.06% Added +4.8m +4,773,548
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 4,882,9054.9m $96.7m $96.7m 0.00% Added +165.9k +165,878
18 UBS Group AG 0.02% of their portfolio ZURICH, V8 4,532,5744.5m $89.7m $89.7m 0.02% Added +3.3m +3,332,929
19 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 4,331,0924.3m $85.8m $85.8m 0.06% Reduced -224.8k -224,821
20 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 3,977,2264.0m $78.7m $78.7m 0.06% Added +3.1m +3,097,240
21 Alyeska Investment Group, L.P. 0.22% of their portfolio CHICAGO, IL 3,603,4753.6m $71.3m $71.3m 0.22% Reduced -784.0k -783,960
22 Greenhouse Funds LLLP 2.75% of their portfolio BALTIMORE, MD 3,572,4253.6m $70.7m $70.7m 2.75% Added +474.7k +474,730
23 Phoenix Financial Ltd. 0.37% of their portfolio Givatayim, L3 2,942,4442.9m $58.3m $58.3m 0.37% Added +1.4m +1,414,804
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,703,4062.7m $53.5m $53.5m 0.01% Added +94.8k +94,766
25 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,408,1702.4m $47.7m $47.7m 0.01% Added +2.2m +2,166,196
26 BROWN ADVISORY INC 0.06% of their portfolio BALTIMORE, MD 2,228,5382.2m $44.1m $44.1m 0.06% New
27 FMR LLC 0.00% of their portfolio BOSTON, MA 2,179,2352.2m $43.1m $43.1m 0.00% Reduced -4.0m -4,029,238
28 SOMA EQUITY PARTNERS LP 2.15% of their portfolio San Francisco, CA 2,166,9432.2m $42.9m $42.9m 2.15% Reduced -3.1m -3,129,553
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,069,4642.1m $41.0m $41.0m 0.00% Reduced -123.6k -123,572
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,019,4852.0m $40.0m $40.0m 0.00% Added +5.1k +5,074
31 ThornTree Capital Partners LP 5.31% of their portfolio Boston, MA 1,750,8171.8m $34.7m $34.7m 5.31% Added +543.2k +543,184
32 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 1,708,9611.7m $33.8m $33.8m 0.02% New
33 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 1,661,7681.7m $32.9m $32.9m 0.02% Added +1.5m +1,546,068
34 Amundi 0.01% of their portfolio Paris, I0 1,609,7931.6m $34.2m $34.2m 0.01% Reduced -569.2k -569,237
35 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,562,9371.6m $30.9m $30.9m 0.01% Reduced -1.3m -1,309,452
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,524,9511.5m $30.2m $30.2m 0.00% Added +13.5k +13,485
37 Bienville Capital Management, LLC 5.61% of their portfolio New York, NY 1,485,8411.5m $29.4m $29.4m 5.61% Added +218.6k +218,646
38 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 1,475,9651.5m $29.2m $29.2m 0.01% Reduced -469.0k -469,005
39 LIGHT STREET CAPITAL MANAGEMENT, LLC 4.23% of their portfolio Palo Alto, CA 1,268,6401.3m $25.1m $25.1m 4.23% New
40 LBP AM SA 0.30% of their portfolio Paris, I0 1,251,4131.3m $24.8m $24.8m 0.30% Added +146.7k +146,713
41 INFINITUM ASSET MANAGEMENT, LLC 4.55% of their portfolio FORT LAUDERDALE, FL 1,250,0001.2m $24.8m $24.8m 4.55% Added +200.0k +200,000
42 Sachem Head Capital Management LP 0.65% of their portfolio NEW YORK, NY 1,155,0001.2m $22.9m $22.9m 0.65% New
43 Tredje AP-fonden 0.17% of their portfolio SE-111 91 STOCKHOLM, V7 1,056,1581.1m $20.9m $20.9m 0.17% New
44 NOMURA ASSET MANAGEMENT CO LTD 0.05% of their portfolio TOKYO, M0 1,035,3001.0m $20.5m $20.5m 0.05% Added +238.0k +238,000
45 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 976,561976.6k $19.3m $19.3m 0.04% Reduced -2.4m -2,360,591
46 Fiera Capital Corp 0.06% of their portfolio MONTREAL, A8 969,282969.3k $19.2m $19.2m 0.06% Reduced -27.0k -27,012
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 966,536966.5k $19.1m $19.1m 0.00% Added +337.9k +337,923
48 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 965,478965.5k $19.1m $19.1m 0.02% Added +47.8k +47,821
49 BAILLIE GIFFORD & CO 0.01% of their portfolio EDINBURGH, X0 950,803950.8k $18.8m $18.8m 0.01% Reduced -11.9k -11,923
50 Man Group plc 0.03% of their portfolio LONDON, X0 913,776913.8k $18.1m $18.1m 0.03% Reduced -228.4k -228,377
51 CI INVESTMENTS INC. 0.06% of their portfolio TORONTO, Z4 895,406895.4k $17.7m $17.7m 0.06% Added +895.0k +894,970
52 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 858,092858.1k $17.0m $17.0m 0.10% Added +237.1k +237,138
53 SEI INVESTMENTS CO 0.02% of their portfolio OAKS, PA 853,268853.3k $16.9m $16.9m 0.02% Reduced -7.6k -7,598
54 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 834,543834.5k $16.5m $16.5m 0.00% Reduced -350.4k -350,369
55 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 796,923796.9k $15.8m $15.8m 0.05% New
56 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 780,579780.6k $15.5m $15.5m 0.00% Added +95.3k +95,258
57 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 772,700772.7k $15.3m $15.3m 0.01% Reduced -34.2k -34,210
58 Clearline Capital LP 1.31% of their portfolio NEW YORK, NY 764,277764.3k $15.1m $15.1m 1.31% New
59 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 747,148747.1k $14.8m $14.8m 0.00% Reduced -498.9k -498,888
60 Vishria Bird Financial Group, LLC 2.90% of their portfolio MEMPHIS, TN 745,621745.6k $14.8m $14.8m 2.90% Added +1.4k +1,440
61 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 731,902731.9k $14.5m $14.5m 0.02% New
62 JENNISON ASSOCIATES LLC 0.01% of their portfolio NEW YORK, NY 634,133634.1k $12.6m $12.6m 0.01% Added +18.1k +18,103
63 Trexquant Investment LP 0.13% of their portfolio STAMFORD, CT 630,547630.5k $12.5m $12.5m 0.13% Added +113.3k +113,266
64 Nishkama Capital, LLC 1.07% of their portfolio DORADO, PR 601,274601.3k $11.9m $11.9m 1.07% New
65 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 600,014600.0k $11.9m $11.9m 0.02% Added +493.3k +493,332
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 574,984575.0k $11.4m $11.4m 0.00% Reduced -1.1m -1,139,972
67 Swiss National Bank 0.01% of their portfolio ZURICH, V8 527,500527.5k $10.4m $10.4m 0.01% Added +21.7k +21,700
68 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 517,961518.0k $10.3m $10.3m 0.03% Reduced -34.3k -34,277
69 FIL Ltd 0.01% of their portfolio HAMILTON, D0 498,713498.7k $9.9m $9.9m 0.01% New
70 Alta Park Capital, LP 0.94% of their portfolio San Francisco, CA 473,504473.5k $9.4m $9.4m 0.94% New
71 PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio MINNEAPOLIS, MN 466,724466.7k $9.2m $9.2m 0.28% Added +52.5k +52,452
72 GMT Capital Corp 0.38% of their portfolio ATLANTA, GA 425,100425.1k $8.4m $8.4m 0.38% Unchanged
73 Coronation Fund Managers Ltd. 0.42% of their portfolio Cape Town, T3 405,615405.6k $8.0m $8.0m 0.42% Reduced -5.5k -5,538
74 Flight Deck Capital, LP 5.84% of their portfolio SAN FRANCISCO, CA 389,859389.9k $7.7m $7.7m 5.84% Added +51.0k +51,000
75 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 377,089377.1k $7.5m $7.5m 0.00% Added +30.1k +30,073
76 Savant Capital, LLC 0.05% of their portfolio ROCKFORD, IL 375,801375.8k $7.4m $7.4m 0.05% Reduced -750 -750
77 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 375,710375.7k $7.4m $7.4m 0.00% Reduced -3.1m -3,086,316
78 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 371,704371.7k $7.4m $7.4m 0.01% Reduced -438.7k -438,719
79 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 344,169344.2k $6.8m $6.8m 0.00% Added +112.4k +112,375
80 GROUP ONE TRADING LLC 0.20% of their portfolio CHICAGO, IL 338,852338.9k $6.7m $6.7m 0.20% Added +241.0k +241,014
81 SORA INVESTORS LLC 0.60% of their portfolio BRYN MAWR, PA 328,576328.6k $6.5m $6.5m 0.60% New
82 TREMBLANT CAPITAL GROUP 0.64% of their portfolio WEST PALM BEACH, FL 312,702312.7k $6.2m $6.2m 0.64% Reduced -252.0k -252,049
83 Delta Global Management LP 0.44% of their portfolio New York, NY 303,441303.4k $6.0m $6.0m 0.44% New
84 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 300,805300.8k $6.0m $6.0m 0.00% Reduced -8.2k -8,159
85 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 298,884298.9k $5.9m $5.9m 0.02% Added +261.6k +261,606
86 Legal & General Group Plc 0.00% of their portfolio London, X0 298,843298.8k $5.9m $5.9m 0.00% Reduced -11.5k -11,484
87 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 296,771296.8k $5.9m $5.9m 0.01% Added +6.4k +6,412
88 Andra AP-fonden 0.07% of their portfolio GOTEBORG, V7 290,917290.9k $5.8m $5.8m 0.07% Added +103.5k +103,529
89 ALGERT GLOBAL LLC 0.10% of their portfolio SAN FRANCISCO, CA 290,822290.8k $5.8m $5.8m 0.10% Added +157.0k +157,030
90 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 284,950284.9k $5.6m $5.6m 0.01% Added +190.8k +190,845
91 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 280,550280.6k $5.6m $5.6m 0.01% Added +65.5k +65,460
92 Centiva Capital, LP 0.50% of their portfolio New York, NY 272,601272.6k $5.4m $5.4m 0.50% New
93 Pier Capital, LLC 0.83% of their portfolio STAMFORD, CT 268,535268.5k $5.3m $5.3m 0.83% Reduced -196.1k -196,140
94 ExodusPoint Capital Management, LP 0.07% of their portfolio NEW YORK, NY 261,895261.9k $5.2m $5.2m 0.07% New
95 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 260,286260.3k $5.2m $5.2m 0.00% Reduced -128.8k -128,836
96 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 253,379253.4k $5.0m $5.0m 0.01% Added +58 +58
97 Melqart Asset Management (UK) Ltd 0.66% of their portfolio London, X0 248,445248.4k $4.9m $4.9m 0.66% New
98 IMC-Chicago, LLC 0.08% of their portfolio CHICAGO, IL 232,118232.1k $4.6m $4.6m 0.08% Added +211.5k +211,547
99 Exane Asset Management 1.72% of their portfolio PARIS, I0 219,654219.7k $5.1m $5.1m 1.72% Added +219.6k +219,577
100 Madison Asset Management, LLC 0.05% of their portfolio MADISON, WI 218,345218.3k $4.3m $4.3m 0.05% Added +48.8k +48,766