Letters by company
Cloudflare, Inc.
7 letters discussing NET. Everything written about it on this site is on its ticker page.
- Vision Capital Fund Vision Capital Fund - Q3 2025 Quarterly Letter Vision Capital Fund added to selected holdings and initiated Cloudflare, while maintaining zero portfolio turnover and a primarily invested stance. The fund defended Meituan through China delivery competition, backed The Trade Desk despite advertising and execution concerns, and added to Palantir after a short-seller report while arguing its commercial growth remains durable. Q3 2025 3690 $57BLULU $12BNET $113B
- Carillon Eagle — Mid Cap Growth Fund Commentary Third Quarter 2026 Carillon Eagle Mid Cap Growth Fund favored Natera, Cloudflare, Snowflake, Twilio and Everpure as enterprise AI demand, diagnostics adoption and cloud infrastructure spending supported their outlooks. The portfolio modestly reduced cyclical exposure amid higher rates and energy prices, while retaining conviction in Dycom, RB Global, Viking, Carpenter Technology and Axon despite near-term pressures. Third Quarter 2026 AXON $26BCRS $15BDY $6.9B
- Polen Capital 5Perspectives Growth Opportunities 5Perspectives Large Growth Commentary The Polen 5Perspectives Large Growth portfolio shifted exposure from AI infrastructure and electrification suppliers toward semiconductor and software businesses positioned as AI appliers. It retained conviction in underlying AI demand after a positioning-driven selloff, while discussing CrowdStrike, Cloudflare, Micron, Microsoft, Meta and Tesla as key relative contributors or detractors. 3Q 2026 CRWD $235BMETA $1.6TMSFT $3.9T
- Artisan Partners Artisan Mid Cap Fund Quarterly Commentary Artisan Mid Cap Fund favored company-specific profit cycles, adding to Lattice Semiconductor, Robinhood, Compass and Twilio while initiating Manhattan Associates, Okta and Clean Harbors. The portfolio exited Monolithic Power Systems, FTAI Aviation and Ionis Pharmaceuticals, and reduced AI-infrastructure exposure in favor of higher-conviction franchises and selective vertical software holdings. Q3 2026 CLH $15BCOMP $7.9BFTAI $20B
- Brown Advisory — Mid-Cap Growth Mid-Cap Growth Review and Outlook Mid-Cap Growth Strategy exited Fair Isaac and Equifax amid FHFA pressure, while selling CoStar, Insulet and Parsons on weakening or riskier fundamentals. It added Lumentum, ATI, Rocket Lab and Plexus after sector pullbacks, backing AI optical demand, aerospace materials scarcity, space systems and specialized electronics manufacturing. third quarter 2026 ATI $25BFICO $16BFTAI $20B
- Parnassus Investments Parnassus Growth Equity Fund | Investment Commentary - 3Q 2026 Parnassus Growth Equity Fund retained all core positions, selling only spun-off Mobility Global shares, while maintaining an underweight in semiconductors and no Energy exposure. The portfolio favors health-care innovators and AI-infrastructure beneficiaries such as GE Vernova and Comfort Systems USA, while remaining selective amid elevated valuations, oil prices and interest rates. 3Q26 FIX $41BGEV $214BNTRA $46B
- Vision Capital Fund Vision Capital Fund - Q2 2026 Quarterly Letter Vision Capital Fund exited Lululemon and Paycom after concluding that weakening operating fundamentals were becoming structural, while adding to selected existing holdings after price drawdowns. The fund rejects AI bottleneck trades in memory and supply-chain names, arguing that architectural innovation and new capacity can erode scarcity premiums, and favors durable platform businesses such as Tencent and Mastercard. Q2 2026 AAPL $5.2TAVGO $1.6TLULU $12B
