Cloudflare, Inc.
MX ˙ BMV ˙ US18915M1071
SecurityMX:NET / Cloudflare, Inc.
InstitutionSwiss National Bank
Latest Disclosed Ownership927,200 shares
Latest Disclosed Value $ 191,318,448
Swiss National Bank reports 8.14% increase in ownership of NET / Cloudflare, Inc.

On May 7, 2026 - Swiss National Bank filed a 13F-HR form disclosing ownership of 927,200 shares of Cloudflare, Inc. (MX:NET) valued at $191,318,448 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 857,400 shares of Cloudflare, Inc.. This represents a change in shares of 8.14% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-07 2026-03-31 13F CLOUDFLARE CL A COM 18915M107 927,200 69,800 8.14 191,318 13.18 0.1101
2026-02-12 2025-12-31 13F CLOUDFLARE CL A COM 18915M107 857,400 -37,800 -4.22 169,036 -12.01 0.1006
2025-11-13 2025-09-30 13F CLOUDFLARE CL A COM 18915M107 895,200 -39,400 -4.22 192,101 4.96 0.1115
2025-08-12 2025-06-30 13F CLOUDFLARE CL A COM 18915M107 934,600 72,400 8.40 183,023 88.37 0.1096
2025-05-12 2025-03-31 13F CLOUDFLARE CL A COM 18915M107 862,200 2,500 0.29 97,161 4.96 0.0686
2025-02-10 2024-12-31 13F CLOUDFLARE CL A COM 18915M107 859,700 -33,900 -3.79 92,572 28.07 0.0616
2024-11-07 2024-09-30 13F CLOUDFLARE CL A COM 18915M107 893,600 10,100 1.14 72,283 -1.23 0.0469
2024-08-08 2024-06-30 13F CLOUDFLARE CL A COM 18915M107 883,500 -3,400 -0.38 73,180 -14.79 0.0503
2024-05-07 2024-03-31 13F CLOUDFLARE CL A COM 18915M107 886,900 17,700 2.04 85,879 18.67 0.0602
2024-02-06 2023-12-31 13F CLOUDFLARE CL A COM 18915M107 869,200 -15,500 -1.75 72,370 29.76 0.0531
2023-11-08 2023-09-30 13F CLOUDFLARE CL A COM 18915M107 884,700 -99,900 -10.15 55,771 -13.35 0.0437
2023-08-09 2023-06-30 13F CLOUDFLARE CL A COM 18915M107 984,600 -32,300 -3.18 64,363 2.65 0.0437
2023-05-10 2023-03-31 13F CLOUDFLARE CL A COM 18915M107 1,016,900 -18,300 -1.77 62,702 33.98 0.0430
2023-02-08 2022-12-31 13F CLOUDFLARE CL A COM 18915M107 1,035,200 -61,800 -5.63 46,801 -22.87 0.0336
2022-11-09 2022-09-30 13F CLOUDFLARE CL A COM 18915M107 1,097,000 12,900 1.19 60,675 27.93 0.0434
2022-08-09 2022-06-30 13F CLOUDFLARE CL A COM 18915M107 1,084,100 -42,900 -3.81 47,429 -64.84 0.0321
2022-05-09 2022-03-31 13F CLOUDFLARE CL A COM 18915M107 1,127,000 225,900 25.07 134,902 13.85 0.0761
2022-02-08 2021-12-31 13F CLOUDFLARE CL A COM 18915M107 901,100 -10,800 -1.18 118,495 15.35 0.0713
2021-11-08 2021-09-30 13F CLOUDFLARE CL A COM 18915M107 911,900 -6,700 -0.73 102,726 5.66 0.0653
2021-08-06 2021-06-30 13F CLOUDFLARE INC CL A COM 18915M107 918,600 -122,200 -11.74 97,225 32.95 0.0600
2021-05-07 2021-03-31 13F CLOUDFLARE INC CL A COM 18915M107 1,040,800 458,500 78.74 73,127 65.26 0.0488
2021-02-05 2020-12-31 13F CLOUDFLARE INC CL A COM 18915M107 582,300 582,300 44,249 0.0314
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.