Cloudflare Inc - Class A (NET) Institutional Investor Snapshot (1259 Funds, Q2 2026)

NET ranks #333 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

NET is a disclosed holding of Baillie Gifford (Baillie Gifford & Co.), one of the tracked superinvestors on AlphaSMO — it makes up 3.3% of that fund's own 13F portfolio.

1259 institutions disclose a position in NET, but none treat it as a major bet — even Gilder Gagnon Howe & Co LLC, its most concentrated holder, allocates just 4.2% of its own portfolio to it.

Portman Square Capital LLP has added to its NET position for two straight quarters, increasing it by $51.1M to reach $65.6M today.

Mosley Wealth Management has trimmed its NET position for two straight quarters, cutting it by $338.8K while still holding $111.7K.

NET is down 6.3% today, but institutions show net buying of $24.0B this quarter — a divergence between today's price move and the underlying institutional flow.

NET reported a net loss of $206.3M over the trailing twelve months.

• Not yet profitable — net loss of $206.3M over the trailing twelve months
• Revenue grew 33.5% year over year
• Net income declined year over year, from -$117.1M to -$206.3M
• Generated $603.1M in positive operating cash flow
• Current ratio of 1.98x — enough short-term assets to cover short-term liabilities
• Liabilities run 3.14x equity — a highly leveraged balance sheet worth noting