Institutional investors boost stakes in Cisco and Cloudflare

Shariaportfolio Inc. filed a Form 13F showing it bought 25,978 shares of Cisco Systems (NASDAQ:CSCO) in the first quarter, a purchase worth about $2.0 million and representing roughly 0.9% of its portfolio, making Cisco its 20th largest holding. The filing also noted that other funds such as Cozad Asset Management, Financial Insights, Signature Resources Capital Management and Smithfield Trust increased their Cisco positions during the same period.

Quantinno Capital Management LP disclosed a 6.9% increase in its holding of Cloudflare, Inc. (NYSE:NET), bringing its stake to 80,100 shares valued at approximately $16.5 million. Additional investors, including HM Payson & Co., Wiser Advisor Group, Wexford Capital and Brown Brothers Harriman, also reported new or expanded positions in Cloudflare over recent quarters.