Cliff Asness's NET Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 612,686 shares of Cloudflare, Inc. (NET) worth $120.79 M, representing 0.06% of the portfolio. First purchased in 2020-Q4, this medium-term investment has been held for 20 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in NET, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2024, adding 473,088 shares. Largest reduction occurred in Q4 2024, reducing 274,389 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Cloudflare (NET) Holding Value Over Time
Track share changes against reported price movement
Quarterly Cloudflare (NET) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +49,438 | Add 8.78% | 612,686 | $197.15 |
| Q3 2025 | +102,197 | Add 22.17% | 563,248 | $214.59 |
| Q2 2025 | +118,234 | Add 34.49% | 461,051 | $195.10 |
| Q1 2025 | +135,637 | Add 65.47% | 342,817 | $108.91 |
| Q4 2024 | -274,389 | Reduce 56.98% | 207,180 | $107.68 |
| Q3 2024 | +473,088 | Add 5578.21% | 481,569 | $80.58 |
| Q2 2024 | -43,699 | Reduce 83.75% | 8,481 | $82.83 |
| Q1 2024 | +46,471 | Add 814.00% | 52,180 | $96.83 |
| Q4 2023 | -276 | Reduce 4.61% | 5,709 | $83.26 |
| Q3 2023 | -59 | Reduce 0.98% | 5,985 | $63.04 |
| Q2 2023 | +6,044 | New Buy | 6,044 | $65.37 |
| Q4 2022 | -37,552 | Sold Out | 0 | $0.00 |
| Q3 2022 | -1,033 | Reduce 2.68% | 37,552 | $55.31 |
| Q2 2022 | -18,356 | Reduce 32.24% | 38,585 | $42.61 |
| Q1 2022 | -28,682 | Reduce 33.50% | 56,941 | $119.70 |
| Q4 2021 | -20,416 | Reduce 19.25% | 85,623 | $131.50 |
| Q3 2021 | -2,451 | Reduce 2.26% | 106,039 | $112.13 |
| Q2 2021 | -132,367 | Reduce 54.96% | 108,490 | $105.83 |
| Q1 2021 | +68,549 | Add 39.78% | 240,857 | $68.78 |
| Q4 2020 | +172,308 | New Buy | 172,308 | $75.35 |
Cliff Asness's Cloudflare Investment FAQs
Cliff Asness first purchased Cloudflare, Inc. (NET) in Q4 2020, acquiring 172,308 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Cloudflare, Inc. (NET) for 20 quarters since Q4 2020.
Cliff Asness's largest addition to Cloudflare, Inc. (NET) was in Q3 2024, adding 481,569 shares worth $38.8 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 612,686 shares of Cloudflare, Inc. (NET), valued at approximately $120.79 M.
As of the Q4 2025 filing, Cloudflare, Inc. (NET) represents approximately 0.06% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Cloudflare, Inc. (NET) was 612,686 shares, as reported at the end of Q4 2025.