Vault-13

CONFLUENT INC CFLT

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

426 institutional holders +40 vs Q3 2025
289,032,907289.0m shares reported held*
$8.7bnreported value*
139 new 127 added 98 reduced 115 sold out net sold ≈ $4.1m (-72.3k 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 ($14.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.22. Options: 31 managers hold calls ($358.5m notional), 33 hold puts ($279.8m).

Trends to Q4 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: 386Q4 25: 426426Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025426

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 239 bought or addedQ1 24: 173 cut or sold outQ2 24: 210 bought or addedQ2 24: 169 cut or sold outQ2 24Q3 24: 183 bought or addedQ3 24: 220 cut or sold outQ4 24: 197 bought or addedQ4 24: 168 cut or sold outQ4 24Q1 25: 237 bought or addedQ1 25: 179 cut or sold outQ2 25: 218 bought or addedQ2 25: 197 cut or sold outQ2 25Q3 25: 212 bought or addedQ3 25: 198 cut or sold outQ4 25: 266 bought or addedQ4 25: 213 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024239173
Q2 2024210169
Q3 2024183220
Q4 2024197168
Q1 2025237179
Q2 2025218197
Q3 2025212198
Q4 2025266213

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ1 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 0.49Q4 25 calls: $358.5mQ4 25 puts: $279.8mQ4 25P/C 0.78
Numbers
QuarterCallsPutsP/C
Q1 2025$274.6m$142.8m0.52
Q2 2025$224.6m$146.3m0.65
Q3 2025$357.7m$175.2m0.49
Q4 2025$358.5m$279.8m0.78

Biggest buyers

HBK INVESTMENTS L P New +15,000,000+15.0m
UBS Group AG Added +8,331,946+8.3m
Beryl Capital Management LLC New +5,855,212+5.9m
BlackRock, Inc. Added +5,333,707+5.3m
Balyasny Asset Management L.P. Added +4,229,434+4.2m
TUDOR INVESTMENT CORP ET AL Added +3,890,679+3.9m
KRYGER CAPITAL Ltd New +3,750,000+3.8m
Amundi Added +3,227,527+3.2m
Jericho Capital Asset Management L.P. Added +2,828,000+2.8m
SOROS FUND MANAGEMENT LLC New +2,689,913+2.7m

Biggest sellers

Point72 Asset Management, L.P. Sold out -17,206,434-17.2m
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Sold out -8,569,807-8.6m
Optimus Prime Fund Management Co., Ltd. Sold out -5,920,000-5.9m
Champlain Investment Partners, LLC Reduced -5,649,558-5.6m
JPMORGAN CHASE & CO Reduced -5,429,309-5.4m
FRANKLIN RESOURCES INC Sold out -5,420,229-5.4m
CADIAN CAPITAL MANAGEMENT, LP Reduced -4,600,790-4.6m
Altimeter Capital Management, LP Reduced -4,348,543-4.3m
Alyeska Investment Group, L.P. Reduced -3,146,499-3.1m
Phoenix Financial Ltd. Sold out -2,942,444-2.9m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $83.7m2.8m shares
GROUP ONE TRADING LLC Added $34.1m1.1m shares
UBS Group AG Added $30.4m1.0m shares
Greenhouse Funds LLLP Unchanged $30.2m1.0m shares
SIMPLEX TRADING, LLC Reduced $29.8m986.2k shares
JANE STREET GROUP, LLC Reduced $25.2m834.0k shares
SOROS FUND MANAGEMENT LLC Reduced $24.6m813.9k shares
IMC-Chicago, LLC Reduced $21.0m694.2k shares
CITADEL ADVISORS LLC Reduced $20.0m661.8k shares
Walleye Trading LLC Added $16.1m534.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.8m1.2m shares
Centiva Capital, LP Added $24.4m807.9k shares
JANE STREET GROUP, LLC Reduced $22.6m748.2k shares
Caption Management, LLC Added $18.4m607.3k shares
CITADEL ADVISORS LLC Reduced $17.8m589.4k shares
MILLENNIUM MANAGEMENT LLC Added $15.3m506.8k shares
UBS Group AG Added $15.2m501.0k shares
WELLS FARGO & COMPANY/MN Reduced $15.1m500.0k shares
BARCLAYS PLC Added $14.4m474.9k shares
IMC-Chicago, LLC Reduced $11.8m389.2k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 30,867,22830.9m $933.4m $933.4m 0.01% Reduced -480.0k -479,986
2 BlackRock, Inc. 0.02% of their portfolio New York, NY 29,868,88329.9m $903.2m $903.2m 0.02% Added +5.3m +5,333,707
3 HBK INVESTMENTS L P 4.91% of their portfolio DALLAS, TX 15,000,00015.0m $453.6m $453.6m 4.91% New
4 UBS Group AG 0.08% of their portfolio ZURICH, V8 12,864,52012.9m $389.0m $389.0m 0.08% Added +8.3m +8,331,946
5 Jericho Capital Asset Management L.P. 3.82% of their portfolio LOS ANGELES, CA 11,094,00011.1m $335.5m $335.5m 3.82% Added +2.8m +2,828,000
6 Davidson Kempner Capital Management LP 3.91% of their portfolio New York, NY 8,829,9088.8m $267.0m $267.0m 3.91% Not comparable
7 NORGES BANK 0.03% of their portfolio OSLO, Q8 8,785,3608.8m $265.7m $265.7m 0.03% Not comparable
8 Altimeter Capital Management, LP 3.15% of their portfolio MENLO PARK, CA 6,933,2506.9m $209.7m $209.7m 3.15% Reduced -4.3m -4,348,543
9 AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio Greenwich, CT 6,484,2036.5m $196.1m $196.1m 0.10% Added +1.6m +1,579,744
10 Beryl Capital Management LLC 17.95% of their portfolio REDONDO BEACH, CA 5,855,2125.9m $177.1m $177.1m 17.95% New
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 5,713,4995.7m $172.8m $172.8m 0.01% Added +222.6k +222,596
12 Champlain Investment Partners, LLC 1.68% of their portfolio BURLINGTON, VT 5,489,4985.5m $166.0m $166.0m 1.68% Reduced -5.6m -5,649,558
13 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,059,7285.1m $153.0m $153.0m 0.01% Added +176.8k +176,823
14 Amundi 0.04% of their portfolio Paris, I0 4,837,3204.8m $146.3m $146.3m 0.04% Added +3.2m +3,227,527
15 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,567,8734.6m $138.1m $138.1m 0.01% Added +2.5m +2,548,388
16 Balyasny Asset Management L.P. 0.25% of their portfolio Chicago, IL 4,362,9564.4m $131.9m $131.9m 0.25% Added +4.2m +4,229,434
17 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 3.21% of their portfolio CHICAGO, IL 3,970,6604.0m $120.1m $120.1m 3.21% Not comparable
18 TUDOR INVESTMENT CORP ET AL 0.66% of their portfolio STAMFORD, CT 3,950,0254.0m $119.4m $119.4m 0.66% Added +3.9m +3,890,679
19 SOMA EQUITY PARTNERS LP 6.95% of their portfolio San Francisco, CA 3,941,3553.9m $119.2m $119.2m 6.95% Added +1.8m +1,774,412
20 KRYGER CAPITAL Ltd 8.76% of their portfolio LONDON, X0 3,750,0003.8m $113.4m $113.4m 8.76% New
21 FIRST TRUST ADVISORS LP 0.08% of their portfolio Wheaton, IL 3,716,5843.7m $112.4m $112.4m 0.08% Reduced -614.5k -614,508
22 Greenhouse Funds LLLP 3.93% of their portfolio BALTIMORE, MD 3,366,8433.4m $101.8m $101.8m 3.93% Reduced -205.6k -205,582
23 Pictet Asset Management Holding SA 0.10% of their portfolio CAROUGE, V8 3,338,1523.3m $100.9m $100.9m 0.10% Reduced -1.9m -1,903,421
24 CITADEL ADVISORS LLC 0.07% of their portfolio MIAMI, FL 3,197,0233.2m $96.7m $96.7m 0.07% Reduced -2.2m -2,182,355
25 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 3,010,3443.0m $91.0m $91.0m 0.07% Reduced -966.9k -966,882
26 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 2,957,7703.0m $89.4m $89.4m 0.07% Reduced -2.2m -2,242,972
27 BROWN ADVISORY INC 0.12% of their portfolio BALTIMORE, MD 2,942,2452.9m $89.0m $89.0m 0.12% Added +713.7k +713,707
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,766,7072.8m $83.7m $83.7m 0.01% Added +63.3k +63,301
29 SOROS FUND MANAGEMENT LLC 1.09% of their portfolio NEW YORK, NY 2,689,9132.7m $81.3m $81.3m 1.09% New
30 Magnetar Financial LLC 0.78% of their portfolio EVANSTON, IL 2,630,4822.6m $79.5m $79.5m 0.78% New
31 Man Group plc 0.12% of their portfolio LONDON, X0 2,134,5322.1m $64.5m $64.5m 0.12% Added +1.2m +1,220,756
32 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 2,079,6882.1m $62.9m $62.9m 0.02% Added +2.0m +1,987,191
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,742,8401.7m $52.7m $52.7m 0.00% Reduced -326.6k -326,624
34 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 1,694,6251.7m $51.2m $51.2m 0.03% Added +1.4m +1,434,339
35 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,570,2031.6m $47.5m $47.5m 0.01% Added +45.3k +45,252
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,550,4091.6m $46.9m $46.9m 0.00% Reduced -5.4m -5,429,309
37 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,478,2961.5m $44.7m $44.7m 0.01% Added +705.6k +705,596
38 Squarepoint Ops LLC 0.09% of their portfolio NEW YORK, NY 1,454,7031.5m $44.0m $44.0m 0.09% Added +478.1k +478,142
39 AQR Arbitrage LLC 0.89% of their portfolio Greenwich, CT 1,405,5241.4m $42.5m $42.5m 0.89% New
40 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 1,388,9941.4m $42.1m $42.1m 0.01% Added +1.4m +1,364,064
41 GLAZER CAPITAL, LLC 1.10% of their portfolio New York, NY 1,388,5081.4m $42.0m $42.0m 1.10% New
42 NEXPOINT ASSET MANAGEMENT, L.P. 2.91% of their portfolio Dallas, TX 1,382,6001.4m $41.8m $41.8m 2.91% New
43 TIG Advisors, LLC 1.99% of their portfolio New York, NY 1,366,6621.4m $41.3m $41.3m 1.99% New
44 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,311,3201.3m $39.7m $39.7m 0.01% Reduced -251.6k -251,617
45 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 1,289,7201.3m $39.0m $39.0m 0.06% Added +1.2m +1,229,696
46 CADIAN CAPITAL MANAGEMENT, LP 2.78% of their portfolio NEW YORK, NY 1,272,8541.3m $38.5m $38.5m 2.78% Reduced -4.6m -4,600,790
47 INFINITUM ASSET MANAGEMENT, LLC 5.59% of their portfolio FORT LAUDERDALE, FL 1,250,0001.2m $37.8m $37.8m 5.59% Unchanged
48 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 1,058,8931.1m $32.0m $32.0m 0.05% New
49 WHITEBOX ADVISORS LLC 0.53% of their portfolio MINNEAPOLIS, MN 1,054,7471.1m $31.9m $31.9m 0.53% New
50 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 1,017,8361.0m $30.8m $30.8m 0.01% Added +270.7k +270,688
51 GABELLI FUNDS LLC 0.21% of their portfolio Rye, NY 1,011,4501.0m $30.6m $30.6m 0.21% New
52 Hudson Bay Capital Management LP 0.17% of their portfolio STAMFORD, CT 1,000,0001.0m $30.2m $30.2m 0.17% New
53 Centiva Capital, LP 1.78% of their portfolio New York, NY 973,177973.2k $29.4m $29.4m 1.78% Added +700.6k +700,576
54 LIGHT STREET CAPITAL MANAGEMENT, LLC 4.23% of their portfolio Palo Alto, CA 910,000910.0k $27.5m $27.5m 4.23% Reduced -358.6k -358,640
55 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 905,509905.5k $27.4m $27.4m 0.15% Added +47.4k +47,417
56 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 893,542893.5k $27.0m $27.0m 0.00% Added +113.0k +112,963
57 Polar Asset Management Partners Inc. 0.53% of their portfolio TORONTO, A6 879,700879.7k $26.6m $26.6m 0.53% New
58 Westchester Capital Management, LLC 1.22% of their portfolio VALHALLA, NY 857,198857.2k $25.9m $25.9m 1.22% New
59 GAMCO INVESTORS, INC. ET AL 0.24% of their portfolio GREENWICH, CT 836,800836.8k $25.3m $25.3m 0.24% New
60 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 833,118833.1k $25.2m $25.2m 0.01% Reduced -1.4k -1,425
61 Sagefield Capital LP 2.13% of their portfolio DALLAS, TX 830,833830.8k $25.1m $25.1m 2.13% New
62 Melqart Asset Management (UK) Ltd 2.47% of their portfolio London, X0 815,896815.9k $24.7m $24.7m 2.47% Added +567.5k +567,451
63 FMR LLC 0.00% of their portfolio BOSTON, MA 805,366805.4k $24.4m $24.4m 0.00% Reduced -1.4m -1,373,869
64 LMR Partners LLP 0.23% of their portfolio LONDON, X0 799,778799.8k $24.2m $24.2m 0.23% Added +795.2k +795,151
65 Bienville Capital Management, LLC 3.74% of their portfolio New York, NY 779,402779.4k $23.6m $23.6m 3.74% Reduced -706.4k -706,439
66 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 725,600725.6k $21.9m $21.9m 0.03% Added +701.9k +701,933
67 Taconic Capital Advisors LP 7.97% of their portfolio NEW YORK, NY 714,187714.2k $21.6m $21.6m 7.97% Not comparable
68 Ararat Capital Management LP 10.45% of their portfolio WESTPORT, CT 701,170701.2k $21.2m $21.2m 10.45% New
69 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 686,717686.7k $20.8m $20.8m 0.03% New
70 Woodline Partners LP 0.08% of their portfolio San Francisco, CA 674,973675.0k $20.4m $20.4m 0.08% New
71 WATER ISLAND CAPITAL LLC 2.36% of their portfolio NEW YORK, NY 640,113640.1k $19.4m $19.4m 2.36% New
72 IEQ CAPITAL, LLC 0.06% of their portfolio Foster City, CA 626,582626.6k $18.9m $18.9m 0.06% Added +327.7k +327,698
73 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 620,137620.1k $18.8m $18.8m 0.02% Reduced -111.8k -111,765
74 ALPINE ASSOCIATES MANAGEMENT INC. 1.24% of their portfolio PALM BEACH, FL 610,500610.5k $18.5m $18.5m 1.24% New
75 Slotnik Capital, LLC 4.84% of their portfolio DALLAS, TX 585,000585.0k $17.7m $17.7m 4.84% New
76 PICTON MAHONEY ASSET MANAGEMENT 0.19% of their portfolio Toronto, A6 565,500565.5k $17.1m $17.1m 0.19% New
77 Swiss National Bank 0.01% of their portfolio ZURICH, V8 546,800546.8k $16.5m $16.5m 0.01% Added +19.3k +19,300
78 GABELLI & Co INVESTMENT ADVISERS, INC. 2.36% of their portfolio Rye, NY 518,550518.5k $15.7m $15.7m 2.36% New
79 Twin Securities, Inc. 5.86% of their portfolio New York, NY 505,486505.5k $15.3m $15.3m 5.86% New
80 Southpoint Capital Advisors LP 0.35% of their portfolio NEW YORK, NY 500,000500.0k $15.1m $15.1m 0.35% New
81 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio TORONTO, A6 500,000500.0k $15.1m $15.1m 0.03% New
82 Blackstone Inc. 0.06% of their portfolio NEW YORK, NY 485,000485.0k $14.7m $14.7m 0.06% Not comparable
83 First Trust Capital Management L.P. 0.85% of their portfolio CHICAGO, IL 462,084462.1k $14.0m $14.0m 0.85% New
84 Alyeska Investment Group, L.P. 0.04% of their portfolio CHICAGO, IL 456,976457.0k $13.8m $13.8m 0.04% Reduced -3.1m -3,146,499
85 Cinctive Capital Management LP 0.79% of their portfolio New York, NY 450,000450.0k $13.6m $13.6m 0.79% Added +326.8k +326,752
86 TREMBLANT CAPITAL GROUP 0.35% of their portfolio WEST PALM BEACH, FL 449,655449.7k $13.6m $13.6m 0.35% Added +137.0k +136,953
87 ArchPoint Investors 3.11% of their portfolio CORAL GABLES, FL 433,333433.3k $13.1m $13.1m 3.11% New
88 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 421,644421.6k $12.8m $12.8m 0.03% Reduced -96.3k -96,317
89 DEEPWATER ASSET MANAGEMENT, LLC 3.61% of their portfolio Minneapolis, MN 410,221410.2k $12.4m $12.4m 3.61% New
90 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 391,049391.0k $11.8m $11.8m 0.01% Added +14.0k +13,960
91 Versor Investments LP 1.79% of their portfolio New York, NY 380,309380.3k $11.5m $11.5m 1.79% New
92 Fideuram Asset Management (Ireland) dac 0.72% of their portfolio DUBLIN 1, L2 378,422378.4k $9.1m $9.1m 0.72% First filing
93 Savant Capital, LLC 0.06% of their portfolio ROCKFORD, IL 376,268376.3k $11.4m $11.4m 0.06% Added +467 +467
94 ExodusPoint Capital Management, LP 0.12% of their portfolio NEW YORK, NY 361,778361.8k $10.9m $10.9m 0.12% Added +99.9k +99,883
95 SIMPLEX TRADING, LLC 0.30% of their portfolio CHICAGO, IL 358,415358.4k $10.8m $10.8m 0.30% New
96 Y-Intercept (Hong Kong) Ltd 0.24% of their portfolio HONG KONG, K3 350,411350.4k $10.6m $10.6m 0.24% New
97 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 311,131311.1k $9.4m $9.4m 0.00% Reduced -2.1m -2,097,039
98 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.32% of their portfolio Tokyo, M0 310,400310.4k $9.4m $9.4m 0.32% New
99 FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.33% of their portfolio TURIN, L6 307,834307.8k $9.3m $9.3m 0.33% First filing
100 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 300,358300.4k $9.1m $9.1m 0.01% Reduced -447 -447