Who owns Cloudflare?

Cloudflare, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol NET. Its ownership is distributed among institutional investors, company insiders, and retail investors.

Institutional Ownership

As of November 2024, institutional investors hold approximately 73.99% of Cloudflare's outstanding shares. Notable institutional shareholders include:

  • Venrock Associates V LP: The largest individual shareholder, owning 19.81 million shares, representing 5.77% of the company.

  • Growth Fund of America Inc: Holds 19.52 million shares, accounting for 6.39% of Cloudflare's shares.

  • Vanguard Group Inc: Owns shares valued at approximately $2.77 billion.

Insider Ownership

Company insiders, including founders and executives, own about 15.70% of Cloudflare's shares. This significant stake indicates a strong alignment between the company's leadership and its shareholders.

Retail Investors

Individual retail investors hold approximately 10.32% of the company's shares, reflecting public interest and investment in Cloudflare.

In summary, Cloudflare's ownership is predominantly held by institutional investors, with substantial insider ownership and a portion held by retail investors, reflecting a diverse and engaged shareholder base.

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Arslan Ahmad
Arslan Ahmad
ex-FAANG engineering manager and author or Grokking series.
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