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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, Q2 2025

Institutional positions in Upwork, Inc as of Jun 30, 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
269
−7 vs. Q1 2025
Shares held
117.6M
+733.4K (+0.6%) vs. Q1 2025
Total value
$1.58B
+$55.4M (+3.6%) vs. Q1 2025
New holders
46
105 more added
Sold out
53
84 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 269 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 heldQ2 2025: $1.58B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q1 2025.

Institutions holding UPWK in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc15,062,970$202.4M0.00%−88,879−0.6%Reduced
Price T Rowe Associates Inc13,309,876$178.9M0.02%−1,785,022−11.8%Reduced
BlackRock, Inc.9,743,593$131.0M0.00%−207,166−2.1%Reduced
LSV Asset Management6,534,575$87.8M0.21%+1,183,169+22.1%Added
Morgan Stanley4,714,489$63.4M0.00%+1,623,488+52.5%Added
Capital International Investors3,986,549$53.6M0.01%+88,157+2.3%Added
Ancient Art, L.P.3,773,908$50.7M16.38%−8,227−0.2%Reduced
Geode Capital Management, LLC2,995,319$40.3M0.00%−21,652−0.7%Reduced
State Street Corp2,993,252$40.2M0.00%+39,767+1.3%Added
Invesco Ltd.2,861,482$38.5M0.01%+231,103+8.8%Added
Renaissance Technologies LLC2,786,115$37.4M0.05%+138,600+5.2%Added
Dimensional Fund Advisors LP2,757,605$37.1M0.01%+263,968+10.6%Added
Goldman Sachs Group Inc2,749,296$37.0M0.01%+1,159,669+73.0%Added
Two Sigma Investments, LP2,389,385$32.1M0.06%+267,315+12.6%Added
Millennium Management LLC1,896,360$25.5M0.02%+1,106,722+140.2%Added
T. Rowe Price Investment Management, Inc.1,760,075$23.7M0.01%−2,900,436−62.2%Reduced
Baillie Gifford & Co1,757,900$23.6M0.02%−492,927−21.9%Reduced
Northern Trust Corp1,191,479$16.0M0.00%+26,610+2.3%Added
Jane Street Group, LLC1,170,253$15.7M0.03%+999,168+584.0%Added
Nuveen, LLC1,154,466$15.5M0.00%−537,391−31.8%Reduced
Two Sigma Advisers, LP1,137,600$15.3M0.03%−214,800−15.9%Reduced
Fiera Capital Corp1,065,373$14.3M0.05%+14,573+1.4%Added
Qube Research & Technologies Ltd1,036,334$13.9M0.02%+225,856+27.9%Added
Arrowstreet Capital, Limited Partnership1,023,468$13.8M0.01%+169,505+19.8%Added
Charles Schwab Investment Management Inc1,016,898$13.7M0.00%−23,144−2.2%Reduced
Verition Fund Management LLC1,000,182$13.4M0.08%+965,084+2,749.7%Added
Allianz Asset Management GmbH961,628$12.9M0.02%−1,275,988−57.0%Reduced
Balyasny Asset Management LLC889,522$12.0M0.03%+889,522New
Acadian Asset Management LLC819,273$11.0M0.02%−24,057−2.9%Reduced
Bank of America Corp750,881$10.1M0.00%+177,832+31.0%Added
Voloridge Investment Management, LLC702,866$9.45M0.03%−36,505−4.9%Reduced
Pacer Advisors, Inc.672,044$9.03M0.02%−133,559−16.6%Reduced
Assenagon Asset Management S.A.509,694$6.85M0.01%+75,760+17.5%Added
UBS Asset Management Americas Inc501,769$6.74M0.00%+163,089+48.2%Added
Grandeur Peak Global Advisors, LLC463,926$6.24M0.75%+98,811+27.1%Added
Kestrel Investment Management Corp451,000$6.06M3.63%−20,900−4.4%Reduced
Hillsdale Investment Management Inc.449,400$6.04M0.22%+88,000+24.3%Added
Cubist Systematic Strategies, LLC442,793$5.95M0.06%−99,985−18.4%Reduced
Bank of New York Mellon Corp417,153$5.61M0.00%+4,809+1.2%Added
Circumference Group LLC410,000$5.51M5.72%−65,000−13.7%Reduced
SkyView Investment Advisors, LLC389,237$5.30M0.76%+2,971+0.8%Added
Alliancebernstein L.P.382,070$5.14M0.00%+3,860+1.0%Added
Financial Gravity Companies, Inc.380,836$5.12M1.00%+380,836New
Barclays PLC349,143$4.69M0.00%+174,710+100.2%Added
Susquehanna International Group, LLP340,874$4.58M0.01%−59,689−14.9%Reduced
American Century Companies Inc339,813$4.57M0.00%+218,543+180.2%Added
Danske Bank A/S331,558$4.46M0.01%+229,457+224.7%Added
Squarepoint Ops LLC323,744$4.35M0.01%+323,744New
First Trust Advisors LP311,099$4.18M0.00%+242,516+353.6%Added
Universal- Beteiligungs- und Servicegesellschaft mbH307,751$4.14M0.01%+119,097+63.1%Added
UBS Group AG305,190$4.10M0.00%−92,708−23.3%Reduced
Schonfeld Strategic Advisors LLC304,463$4.09M0.03%+132,520+77.1%Added
Citadel Advisors LLC298,676$4.01M0.00%+233,550+358.6%Added
New York State Common Retirement Fund297,995$4.01M0.01%00.0%Unchanged
State of Wisconsin Investment Board283,439$3.81M0.01%+103,459+57.5%Added
SEI Investments Co279,765$3.76M0.00%+6,253+2.3%Added
Ameriprise Financial Inc278,996$3.75M0.00%+5,896+2.2%Added
Resources Investment Advisors, LLC.273,599$3.68M0.04%−4,338−1.6%Reduced
Globeflex Capital L P269,640$3.62M0.30%+32,078+13.5%Added
King Luther Capital Management Corp264,789$3.56M0.02%+987+0.4%Added
Boston Partners262,219$3.52M0.00%+99,941+61.6%Added
Trexquant Investment LP257,193$3.46M0.04%+55,564+27.6%Added
Campbell & CO Investment Adviser LLC251,263$3.38M0.21%+112,133+80.6%Added
Swiss National Bank247,000$3.32M0.00%00.0%Unchanged
Nordea Investment Management AB239,146$3.22M0.00%−2,697−1.1%Reduced
Connor, Clark & Lunn Investment Management Ltd.236,906$3.18M0.01%+194,309+456.2%Added
Franklin Resources Inc236,012$3.17M0.00%−13,321−5.3%Reduced
JPMorgan Chase & Co232,401$3.12M0.00%+26,047+12.6%Added
Royal Bank of Canada219,697$2.95M0.00%+28,110+14.7%Added
Penserra Capital Management LLC212,574$2.86M0.04%−74,132−25.9%Reduced
Wells Fargo & Company208,605$2.80M0.00%−4,655−2.2%Reduced
Gotham Asset Management, LLC198,473$2.67M0.02%+74,248+59.8%Added
Man Group plc194,655$2.62M0.01%+134,559+223.9%Added
Rhumbline Advisers193,199$2.60M0.00%+10,539+5.8%Added
Capital Fund Management S.A.185,226$2.49M0.03%+185,226New
Edgestream Partners, L.P.176,323$2.37M0.07%+176,323New
Robeco Institutional Asset Management B.V.171,878$2.31M0.00%+29,805+21.0%Added
Principal Financial Group Inc171,352$2.30M0.00%+171,352New
Plustick Management LLC170,000$2.28M1.35%−230,000−57.5%Reduced
Jupiter Asset Management Ltd158,950$2.14M0.02%+140,506+761.8%Added
Divisadero Street Capital Management, LP158,125$2.13M0.14%+158,125New
Marshall Wace, LLP157,612$2.12M0.00%+146,930+1,375.5%Added
Legal & General Group Plc155,925$2.10M0.00%+17,618+12.7%Added
Victory Capital Management Inc142,603$1.92M0.00%+10,748+8.2%Added
Los Angeles Capital Management LLC140,392$1.89M0.01%−51,066−26.7%Reduced
State of Wyoming137,044$1.84M0.23%+115,857+546.8%Added
Panagora Asset Management Inc135,685$1.82M0.01%00.0%Unchanged
Essex Investment Management Co LLC134,196$1.80M0.33%−918−0.7%Reduced
Graham Capital Management, L.P.126,175$1.70M0.05%+2,839+2.3%Added
Engineers Gate Manager LP123,884$1.67M0.02%+49,303+66.1%Added
Gsa Capital Partners LLP117,957$1.58M0.11%+117,957New
California State Teachers Retirement System115,859$1.56M0.00%+1,523+1.3%Added
Omers Administration Corp115,300$1.55M0.01%−11,700−9.2%Reduced
Deutsche Bank AG107,627$1.45M0.00%−85,087−44.2%Reduced
First Pacific Advisors, LP104,881$1.41M0.02%00.0%Unchanged
Centiva Capital, LP104,824$1.41M0.09%+84,256+409.6%Added
Mackenzie Financial Corp104,024$1.40M0.00%−2,772−2.6%Reduced
Cary Street Partners Financial LLC102,670$1.38M0.04%−6,002−5.5%Reduced
AQR Capital Management LLC97,563$1.31M0.00%+28,790+41.9%Added
Norges Bank97,529$1.31M0.00%−104,957−51.8%Reduced