Baillie Gifford Amends Cloudflare Stake, Signals Ownership Shift

TL;DR

**Baillie Gifford just updated their Cloudflare holdings, watch for price movement!**

AI Summary

Baillie Gifford & Co, a major investment management firm, filed an amended SC 13G/A on January 30, 2024, indicating a change in their ownership of Cloudflare, Inc.'s Class A Common Stock as of December 29, 2023. This filing, Amendment No. 5, updates their previous disclosures, signaling that their stake in Cloudflare has likely shifted. For investors, this matters because large institutional ownership changes can influence stock price and reflect a significant investor's updated view on the company's future prospects.

Why It Matters

Changes in large institutional holdings can signal a shift in confidence from major investors, potentially impacting Cloudflare's stock price and market perception.

Risk Assessment

Risk Level: low — This filing is a routine update of institutional ownership and does not inherently indicate a high-risk event for the company.

Analyst Insight

Investors should monitor subsequent filings or news from Baillie Gifford & Co to understand the nature of their ownership change (increase or decrease) and assess its potential implications for Cloudflare's stock performance.

Key Players & Entities

• Baillie Gifford & Co (company) — the investment firm filing the SC 13G/A
• Cloudflare, Inc. (company) — the subject company whose stock is being reported
• December 29, 2023 (date) — the date of the event requiring the filing
• January 30, 2024 (date) — the date the SC 13G/A was filed
• Amendment No. 5 (number) — the specific amendment number of the filing

FAQ

From the Filing

0001088875-24-000052.txt : 20240130 0001088875-24-000052.hdr.sgml : 20240130 20240130063748 ACCESSION NUMBER: 0001088875-24-000052 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240130 DATE AS OF CHANGE: 20240130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Cloudflare, Inc. CENTRAL INDEX KEY: 0001477333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 270805829 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91163 FILM NUMBER: 24575771 BUSINESS ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 888.993.5273 MAIL ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FORMER COMPANY: FORMER CONFORMED NAME: CloudFlare, Inc. DATE OF NAME CHANGE: 20091120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BAILLIE GIFFORD & CO CENTRAL INDEX KEY: 0001088875 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN BUSINESS PHONE: 00441312752000 MAIL ADDRESS: STREET 1: CALTON SQUARE STREET 2: 1 GREENSIDE ROW CITY: EDINBURGH STATE: X0 ZIP: EH13AN SC 13G/A 1 cloudflare29012023.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Cloudflare, Inc (Amendment No.5) ----------------------------------------------------------------------- (Name of Issuer) Class A Common Stock ----------------------------------------------------------------------- (Title of Class of Securities) 18915M107 ----------------------------------------------------------------------- (CUSIP Number) 29 December 2023 ----------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No. 18915M107 _______________________________________________________________________ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Baillie Gifford & Co (Scottish partnership) _______________________________________________________________________ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a).................................................................... (b).................................................................... _______________________________________________________________________ 3. SEC Use Only _______________________________________________________________________ 4. Citizenship or Place of Organization SCOTLAND UK _______________________________________________________________________ Number of 5. Sole Voting Power 20,945,215 Shares Bene ______________________________________________________ ficially by 6. Shared Voting Power 0 Owned by Each ______________________________________________________ Reporting 7. Sole Dispositive Power 30,938,677 Person With: __________________