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Upwork, Inc

UPWK
Exchange
Nasdaq
Industry
Services-Computer Processing & Data Preparation
SEC CIK
0001627475

In the last 90 days, Upwork, Inc insiders filed 0 open-market purchases and 8 sales; 297 institutions reported holding it in 13F filings for Q2 2026, worth $1.06B in total; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in Upwork, Inc as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
279
+28 vs. Q4 2024
Shares held
117.2M
+9.81M (+9.1%) vs. Q4 2024
Total value
$1.53B
−$226.2M (−12.9%) vs. Q4 2024
New holders
74
78 more added
Sold out
46
85 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UPWK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 279 institutions
Q1 2021: 270 institutionsQ2 2021: 269 institutionsQ3 2021: 280 institutionsQ4 2021: 271 institutionsQ1 2022: 235 institutionsQ2 2022: 227 institutionsQ3 2022: 228 institutionsQ4 2022: 219 institutionsQ1 2023: 230 institutionsQ2 2023: 214 institutionsQ3 2023: 232 institutionsQ4 2023: 258 institutionsQ1 2024: 250 institutionsQ2 2024: 250 institutionsQ3 2024: 221 institutionsQ4 2024: 254 institutionsQ1 2025: 279 institutionsQ2 2025: 269 institutionsQ3 2025: 277 institutionsQ4 2025: 305 institutionsQ1 2026: 292 institutionsQ2 2026: 297 institutions
Value heldQ1 2025: $1.53B
Q1 2021: $3.77BQ2 2021: $5.07BQ3 2021: $4.20BQ4 2021: $3.27BQ1 2022: $2.27BQ2 2022: $2.10BQ3 2022: $1.36BQ4 2022: $1.02BQ1 2023: $1.08BQ2 2023: $959.8MQ3 2023: $1.24BQ4 2023: $1.58BQ1 2024: $1.24BQ2 2024: $1.12BQ3 2024: $1.09BQ4 2024: $1.80BQ1 2025: $1.53BQ2 2025: $1.58BQ3 2025: $2.27BQ4 2025: $2.68BQ1 2026: $1.48BQ2 2026: $1.06B
Institutions holding UPWK and their total value by quarter
QuarterHoldersValue
Q2 2026297$1.06B
Q1 2026292$1.48B
Q4 2025305$2.68B
Q3 2025277$2.27B
Q2 2025269$1.58B
Q1 2025279$1.53B
Q4 2024254$1.80B
Q3 2024221$1.09B
Q2 2024250$1.12B
Q1 2024250$1.24B
Q4 2023258$1.58B
Q3 2023232$1.24B
Q2 2023214$959.8M
Q1 2023230$1.08B
Q4 2022219$1.02B
Q3 2022228$1.36B
Q2 2022227$2.10B
Q1 2022235$2.27B
Q4 2021271$3.27B
Q3 2021280$4.20B
Q2 2021269$5.07B
Q1 2021270$3.77B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q4 2024.

Institutions holding UPWK in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc15,151,849$197.7M0.00%−218,570−1.4%Reduced
Price T Rowe Associates Inc15,094,898$197.0M0.02%−403,790−2.6%Reduced
BlackRock, Inc.9,950,759$129.9M0.00%−108,408−1.1%Reduced
LSV Asset Management5,351,406$69.8M0.17%+4,199,244+364.5%Added
T. Rowe Price Investment Management, Inc.4,660,511$60.8M0.04%+1,357,476+41.1%Added
Capital International Investors3,898,392$50.9M0.01%+992,268+34.1%Added
Ancient Art, L.P.3,782,135$49.4M14.64%−1,138,872−23.1%Reduced
Morgan Stanley3,091,001$40.3M0.00%+2,027,818+190.7%Added
Geode Capital Management, LLC3,016,971$39.4M0.00%+137,828+4.8%Added
State Street Corp2,953,485$38.5M0.00%−95,813−3.1%Reduced
Renaissance Technologies LLC2,647,515$34.6M0.05%+602,400+29.5%Added
Invesco Ltd.2,630,379$34.3M0.01%+882,059+50.5%Added
Dimensional Fund Advisors LP2,493,637$32.5M0.01%+542,007+27.8%Added
FMR LLC2,339,169$30.5M0.00%+8,262+0.4%Added
Baillie Gifford & Co2,250,827$29.4M0.03%−548,244−19.6%Reduced
Allianz Asset Management GmbH2,237,616$29.2M0.04%+1,491,701+200.0%Added
Two Sigma Investments, LP2,122,070$27.7M0.06%−314,610−12.9%Reduced
Nuveen, LLC1,691,857$22.1M0.01%+1,691,857New
Goldman Sachs Group Inc1,589,627$20.7M0.00%+761,340+91.9%Added
Two Sigma Advisers, LP1,352,400$17.6M0.04%−136,100−9.1%Reduced
Northern Trust Corp1,164,869$15.2M0.00%−29,354−2.5%Reduced
Fiera Capital Corp1,050,800$13.7M0.05%+1,050,800New
Charles Schwab Investment Management Inc1,040,042$13.6M0.00%−35,904−3.3%Reduced
Arrowstreet Capital, Limited Partnership853,963$11.1M0.01%+81,356+10.5%Added
Acadian Asset Management LLC843,330$11.0M0.03%+164,993+24.3%Added
Qube Research & Technologies Ltd810,478$10.6M0.02%+658,358+432.8%Added
Pacer Advisors, Inc.805,603$10.5M0.02%+805,603New
Millennium Management LLC789,638$10.3M0.01%+619,459+364.0%Added
Voloridge Investment Management, LLC739,371$9.65M0.04%−156,865−17.5%Reduced
Portolan Capital Management, LLC644,548$8.41M0.64%+644,548New
Bank of America Corp573,049$7.48M0.00%+503,931+729.1%Added
Cubist Systematic Strategies, LLC542,778$7.08M0.09%+507,715+1,448.0%Added
Circumference Group LLC475,000$6.20M7.68%−65,000−12.0%Reduced
Kestrel Investment Management Corp471,900$6.16M3.76%00.0%Unchanged
Invenomic Capital Management LP464,564$6.06M0.31%−760,023−62.1%Reduced
Assenagon Asset Management S.A.433,934$5.66M0.01%00.0%Unchanged
Lazard Asset Management LLC418,444$5.46M0.01%+303,734+264.8%Added
Bank of New York Mellon Corp412,344$5.38M0.00%−904−0.2%Reduced
Susquehanna International Group, LLP400,563$5.23M0.01%+71,639+21.8%Added
Plustick Management LLC400,000$5.22M3.80%00.0%Unchanged
UBS Group AG397,898$5.19M0.00%−75,515−16.0%Reduced
SkyView Investment Advisors, LLC386,266$5.04M0.76%+17,763+4.8%Added
Point72 Asset Management, L.P.383,023$5.00M0.01%+383,023New
Alliancebernstein L.P.378,210$4.94M0.00%−3,740−1.0%Reduced
Grandeur Peak Global Advisors, LLC365,115$4.76M0.53%+140,933+62.9%Added
Hillsdale Investment Management Inc.361,400$4.72M0.24%+11,600+3.3%Added
Sofos Investments, Inc.353,546$4.61M1.01%+353,546New
UBS Asset Management Americas Inc338,680$4.42M0.00%+31,378+10.2%Added
New York State Common Retirement Fund297,995$3.89M0.01%+262,840+747.7%Added
Penserra Capital Management LLC286,706$3.74M0.07%−22,484−7.3%Reduced
Resources Investment Advisors, LLC.277,937$3.63M0.04%−36,570−11.6%Reduced
SEI Investments Co273,512$3.57M0.00%+113,567+71.0%Added
Ameriprise Financial Inc273,100$3.56M0.00%+40,972+17.7%Added
King Luther Capital Management Corp263,802$3.44M0.02%00.0%Unchanged
Janus Henderson Group PLC254,274$3.36M0.00%+195,204+330.5%Added
Franklin Resources Inc249,333$3.25M0.00%+12,666+5.4%Added
Swiss National Bank247,000$3.22M0.00%00.0%Unchanged
Jump Financial, LLC245,803$3.21M0.05%+119,001+93.8%Added
Nordea Investment Management AB241,843$3.11M0.00%+241,843New
Globeflex Capital L P237,562$3.10M0.29%00.0%Unchanged
Wells Fargo & Company213,260$2.78M0.00%+147,485+224.2%Added
JPMorgan Chase & Co206,354$2.69M0.00%−251,447−54.9%Reduced
RedJay Asset Management Inc.205,000$2.68M1.45%−395,000−65.8%Reduced
Norges Bank202,486$2.64M0.00%−161,516−44.4%Reduced
Trexquant Investment LP201,629$2.63M0.03%−334,718−62.4%Reduced
Deutsche Bank AG192,714$2.51M0.00%−33,659−14.9%Reduced
Royal Bank of Canada191,587$2.50M0.00%+78,123+68.9%Added
Los Angeles Capital Management LLC191,458$2.50M0.01%+126,277+193.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH188,654$2.46M0.00%+188,654New
Advantage Alpha Capital Partners LP182,816$2.39M0.58%−8,505−4.4%Reduced
Rhumbline Advisers182,660$2.38M0.00%+4,458+2.5%Added
State of Wisconsin Investment Board179,980$2.35M0.01%+153,581+581.8%Added
Barclays PLC174,433$2.28M0.00%−86,797−33.2%Reduced
Schonfeld Strategic Advisors LLC171,943$2.24M0.02%+171,943New
Jane Street Group, LLC171,085$2.23M0.00%+171,085New
Boston Partners162,278$2.12M0.00%+162,278New
Robeco Institutional Asset Management B.V.142,073$1.85M0.00%+142,073New
CI Private Wealth, LLC140,783$1.84M0.00%−31,799−18.4%Reduced
HSBC Holdings PLC140,719$1.83M0.00%+126,230+871.2%Added
Campbell & CO Investment Adviser LLC139,130$1.82M0.14%+139,130New
Legal & General Group Plc138,307$1.80M0.00%−134−0.1%Reduced
Panagora Asset Management Inc135,685$1.77M0.01%00.0%Unchanged
Schroder Investment Management Group133,570$1.76M0.00%+67,642+102.6%Added
Essex Investment Management Co LLC135,114$1.76M0.37%−935−0.7%Reduced
Victory Capital Management Inc131,855$1.72M0.00%+49,036+59.2%Added
Omers Administration Corp127,000$1.66M0.01%+127,000New
Gotham Asset Management, LLC124,225$1.62M0.01%+124,225New
Graham Capital Management, L.P.123,336$1.61M0.05%+75,876+159.9%Added
American Century Companies Inc121,270$1.58M0.00%+63,167+108.7%Added
Teacher Retirement System of Texas115,205$1.50M0.01%+13,044+12.8%Added
California State Teachers Retirement System114,336$1.49M0.00%−2,881−2.5%Reduced
Citigroup Inc111,840$1.46M0.00%−134,625−54.6%Reduced
Cary Street Partners Financial LLC108,672$1.42M0.04%00.0%Unchanged
Mackenzie Financial Corp106,796$1.39M0.00%+106,796New
First Pacific Advisors, LP104,881$1.37M0.02%00.0%Unchanged
Susquehanna Fundamental Investments, LLC103,140$1.35M0.02%+53,868+109.3%Added
Danske Bank A/S102,101$1.33M0.00%−305,770−75.0%Reduced
Stifel Financial Corp96,870$1.26M0.00%−416,435−81.1%Reduced
Envestnet Asset Management Inc96,376$1.26M0.00%+96,376New
LPL Financial LLC92,487$1.21M0.00%+20,645+28.7%Added