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Cliff Asness’s NET Holdings & Trades

First Buy
Q4 2020
Duration Held
22 Quarters
Largest Add
Q2 2026
+1.17 M Shares
Current Position
2.08 M Shares
$509.41 M Value

Cliff Asness's NET Position Overview

Cliff Asness (via Aqr Capital Management LLC) currently holds 2.08 M shares of Cloudflare, Inc. (NET) worth $509.41 M, representing 0.18% of the portfolio. First purchased in 2020-Q4, this long-term strategic position has been held for 22 quarters.

Based on 13F filings, Cliff Asness has maintained a strategic position in NET, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2026, adding 1.17 M 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
Q2 2026 +1.17 M Add 128.88% 2.08 M $245.28
Q1 2026 +294,702 Add 48.10% 907,388 $198.79
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 22 quarters since Q4 2020.

Cliff Asness's largest addition to Cloudflare, Inc. (NET) was in Q2 2026, adding 2,076,835 shares worth $509.41 M.

According to the latest 13F filing for Q2 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,076,835 shares of Cloudflare, Inc. (NET), valued at approximately $509.41 M.

As of the Q2 2026 filing, Cloudflare, Inc. (NET) represents approximately 0.18% 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 2,076,835 shares, as reported at the end of Q2 2026.