BAILLIE GIFFORD & CO NET — Cloudflare Inc

Ownership history in BAILLIE GIFFORD & CO  ·  23 quarters on record

AI Ownership Summary

BAILLIE GIFFORD & CO reported Cloudflare Inc (NET) in 23 quarterly 13F filings from 2023 Q4 through 2025 Q4. Peak portfolio weight reached 3.73% in 2025 Q2. The latest visible filing shows NET at 2.76% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this NET ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was BAILLIE GIFFORD & CO's position in Cloudflare Inc, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

NET was reported at 2.76% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
3.73% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NET stock page BAILLIE GIFFORD & CO fund profile BAILLIE GIFFORD & CO full holdings
How BAILLIE GIFFORD & CO held NET — position size vs. price
% of Fund (quarterly)    NET price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 23.0% +4.7% ❌ 16,823,947 -5,024,793 -23.0% 2.76% $3.32B 2026-02-14 (Est.) $195.85
2025 Q3 REDUCED 14.4% -6.5% ✅ 21,848,740 -3,676,391 -14.4% 3.47% $4.69B 2025-10-31 $253.30
2025 Q2 REDUCED 6.9% +11.6% ❌ 25,525,131 -1,900,690 -6.9% 3.73% $5.00B 2025-08-06 $215.53
2025 Q1 REDUCED 14.0% +73.8% ❌ 27,425,821 -4,458,339 -14.0% 2.70% $3.09B 2025-05-07 $121.71
2024 Q4 REDUCED — — — 31,884,160 -626,432 -1.9% 2.64% $3.43B 2025-01-31 $138.40
2024 Q3 REDUCED — — — 32,510,592 -212,078 -0.6% 1.97% $2.63B 2024-11-05 $87.71
2024 Q2 ADDED — — — 32,722,670 +2,575,396 +8.5% 2.11% $2.71B 2024-07-25 $78.04
2024 Q1 REDUCED — — — 30,147,274 -791,403 -2.6% 2.27% $2.92B 2024-05-01 $88.04
2023 Q4 REDUCED — — — 30,938,677 -119,547 -0.4% 2.04% $2.58B 2024-01-26 $80.18
14 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding NET

As of 2026 Q1 — sorted by position size

Capelight Capital Asset Management LP 6.16% Warm Springs Advisors Inc. 3.89% DAVIS-REA LTD. 3Y 7Y 3.41% Robocap Asset Management Ltd 3.38% PEREGRINE CAPITAL MANAGEMENT LLC 3Y 7Y 3.08% Baker Chad R 3Y 7Y 3.03% HARTLINE INVESTMENT CORP/ 3Y 7Y 2.74% Cannon Advisors, Inc. 2.25% Slow Capital, Inc. 3Y 7Y 2.03% Livet Wealth, LLC 1.86%

FAQ About BAILLIE GIFFORD & CO and NET

These are the practical questions this page is built to answer before you even open the full history table.

How long has BAILLIE GIFFORD & CO reported owning NET?

BAILLIE GIFFORD & CO reported NET across 9 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

What was the largest reported NET position in BAILLIE GIFFORD & CO's portfolio?

The largest reported portfolio weight for NET was 3.73% in 2025 Q2.

What is the latest reported NET position on this page?

The most recent filing on this page is 2025 Q4, when BAILLIE GIFFORD & CO reported 16,823,947 shares, equal to 2.76% of portfolio, with an estimated market value of $3.32B.

What does the chart on this NET ownership page compare?

The chart compares BAILLIE GIFFORD & CO's quarterly NET portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did BAILLIE GIFFORD & CO time their NET position?

Based on 13F filing dates vs. subsequent NET price moves, BAILLIE GIFFORD & CO correctly timed 12 out of 22 reported position changes (55%). The annualised alpha on NET relative to SPY over the holding period was +16.4%.

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