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, Q3 2025
Institutional positions in Upwork, Inc as of Sep 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
- 277
- +12 vs. Q2 2025
- Shares held
- 122.4M
- +5.36M (+4.6%) vs. Q2 2025
- Total value
- $2.27B
- +$699.4M (+44.4%) vs. Q2 2025
- New holders
- 50
- 95 more added
- Sold out
- 38
- 96 more reduced
4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 297 | $1.06B |
| Q1 2026 | 292 | $1.48B |
| Q4 2025 | 305 | $2.68B |
| Q3 2025 | 277 | $2.27B |
| Q2 2025 | 269 | $1.58B |
| Q1 2025 | 279 | $1.53B |
| Q4 2024 | 254 | $1.80B |
| Q3 2024 | 221 | $1.09B |
| Q2 2024 | 250 | $1.12B |
| Q1 2024 | 250 | $1.24B |
| Q4 2023 | 258 | $1.58B |
| Q3 2023 | 232 | $1.24B |
| Q2 2023 | 214 | $959.8M |
| Q1 2023 | 230 | $1.08B |
| Q4 2022 | 219 | $1.02B |
| Q3 2022 | 228 | $1.36B |
| Q2 2022 | 227 | $2.10B |
| Q1 2022 | 235 | $2.27B |
| Q4 2021 | 271 | $3.27B |
| Q3 2021 | 280 | $4.20B |
| Q2 2021 | 269 | $5.07B |
| Q1 2021 | 270 | $3.77B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 14,666,762 | $272.4M | 0.00% | −396,208−2.6% | Reduced |
| Price T Rowe Associates Inc | 13,337,407 | $247.7M | 0.03% | +27,531+0.2% | Added |
| BlackRock, Inc. | 11,544,792 | $214.4M | 0.00% | +1,801,199+18.5% | Added |
| LSV Asset Management | 6,513,375 | $121.0M | 0.27% | −21,200−0.3% | Reduced |
| Morgan Stanley | 4,769,035 | $88.6M | 0.01% | +54,546+1.2% | Added |
| Ancient Art, L.P. | 4,268,667 | $79.3M | 19.05% | +494,759+13.1% | Added |
| Goldman Sachs Group Inc | 3,622,505 | $67.3M | 0.01% | +873,209+31.8% | Added |
| Geode Capital Management, LLC | 3,085,118 | $57.3M | 0.00% | +89,799+3.0% | Added |
| Invesco Ltd. | 3,009,334 | $55.9M | 0.01% | +147,852+5.2% | Added |
| State Street Corp | 2,981,024 | $55.4M | 0.00% | −12,228−0.4% | Reduced |
| Dimensional Fund Advisors LP | 2,828,735 | $52.5M | 0.01% | +71,130+2.6% | Added |
| Capital International Investors | 2,388,542 | $44.4M | 0.01% | −1,598,007−40.1% | Reduced |
| Boston Partners | 2,322,575 | $43.0M | 0.04% | +2,060,356+785.7% | Added |
| Allianz Asset Management GmbH | 1,862,153 | $34.6M | 0.04% | +900,525+93.6% | Added |
| Renaissance Technologies LLC | 1,802,715 | $33.5M | 0.04% | −983,400−35.3% | Reduced |
| Nuveen, LLC | 1,798,201 | $33.4M | 0.01% | +643,735+55.8% | Added |
| Balyasny Asset Management LLC | 1,753,332 | $32.6M | 0.07% | +863,810+97.1% | Added |
| Two Sigma Investments, LP | 1,484,084 | $27.6M | 0.04% | −905,301−37.9% | Reduced |
| Invenomic Capital Management LP | 1,334,541 | $24.8M | 1.30% | +1,334,541 | New |
| Bank of America Corp | 1,288,926 | $23.9M | 0.00% | +538,045+71.7% | Added |
| Northern Trust Corp | 1,195,219 | $22.2M | 0.00% | +3,740+0.3% | Added |
| Baillie Gifford & Co | 1,178,263 | $21.9M | 0.02% | −579,637−33.0% | Reduced |
| Charles Schwab Investment Management Inc | 1,091,656 | $20.3M | 0.00% | +74,758+7.4% | Added |
| Arrowstreet Capital, Limited Partnership | 1,043,838 | $19.4M | 0.01% | +20,370+2.0% | Added |
| Fiera Capital Corp | 1,041,900 | $19.3M | 0.06% | −23,473−2.2% | Reduced |
| Barclays PLC | 928,046 | $17.2M | 0.01% | +578,903+165.8% | Added |
| Citadel Advisors LLC | 820,785 | $15.2M | 0.01% | +522,109+174.8% | Added |
| J. Goldman & Co LP | 769,747 | $14.3M | 0.54% | +769,747 | New |
| American Century Companies Inc | 691,429 | $12.8M | 0.01% | +351,616+103.5% | Added |
| Bridgewater Associates, LP | 641,059 | $11.9M | 0.05% | +641,059 | New |
| Wellington Management Group LLP | 639,006 | $11.9M | 0.00% | +639,006 | New |
| Squarepoint Ops LLC | 611,165 | $11.3M | 0.02% | +287,421+88.8% | Added |
| Millennium Management LLC | 572,871 | $10.6M | 0.01% | −1,323,489−69.8% | Reduced |
| Assenagon Asset Management S.A. | 537,261 | $9.98M | 0.01% | +27,567+5.4% | Added |
| Cubist Systematic Strategies, LLC | 532,144 | $9.88M | 0.14% | +89,351+20.2% | Added |
| Pacer Advisors, Inc. | 528,311 | $9.81M | 0.03% | −143,733−21.4% | Reduced |
| Point72 Asset Management, L.P. | 518,954 | $9.64M | 0.02% | +518,954 | New |
| Jupiter Asset Management Ltd | 507,077 | $9.42M | 0.08% | +348,127+219.0% | Added |
| Hillsdale Investment Management Inc. | 505,300 | $9.38M | 0.28% | +55,900+12.4% | Added |
| Grandeur Peak Global Advisors, LLC | 503,662 | $9.35M | 1.25% | +39,736+8.6% | Added |
| Kent Lake PR LLC | 500,000 | $9.29M | 4.75% | +500,000 | New |
| Polar Asset Management Partners Inc. | 481,772 | $8.95M | 0.18% | +481,772 | New |
| Royal Bank of Canada | 455,126 | $8.45M | 0.00% | +235,429+107.2% | Added |
| UBS Group AG | 454,686 | $8.44M | 0.00% | +149,496+49.0% | Added |
| Kestrel Investment Management Corp | 451,000 | $8.38M | 4.72% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 443,311 | $8.23M | 0.02% | −694,289−61.0% | Reduced |
| Bank of New York Mellon Corp | 428,747 | $7.96M | 0.00% | +11,594+2.8% | Added |
| Jane Street Group, LLC | 415,729 | $7.72M | 0.01% | −754,524−64.5% | Reduced |
| SkyView Investment Advisors, LLC | 402,394 | $7.47M | 0.94% | +13,157+3.4% | Added |
| Portolan Capital Management, LLC | 393,929 | $7.32M | 0.40% | +393,929 | New |
| Sofos Investments, Inc. | 391,310 | $7.27M | 1.44% | +391,310 | New |
| Acadian Asset Management LLC | 382,750 | $7.10M | 0.01% | −436,523−53.3% | Reduced |
| Danske Bank A/S | 375,202 | $6.97M | 0.02% | +43,644+13.2% | Added |
| Circumference Group LLC | 375,000 | $6.96M | 8.18% | −35,000−8.5% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 369,980 | $6.87M | 0.01% | +62,229+20.2% | Added |
| Alliancebernstein L.P. | 349,069 | $6.48M | 0.00% | −33,001−8.6% | Reduced |
| Capital Fund Management S.A. | 320,317 | $5.95M | 0.06% | +135,091+72.9% | Added |
| King Luther Capital Management Corp | 316,077 | $5.87M | 0.02% | +51,288+19.4% | Added |
| Susquehanna International Group, LLP | 305,943 | $5.68M | 0.01% | −34,931−10.2% | Reduced |
| AQR Capital Management LLC | 300,904 | $5.59M | 0.00% | +203,341+208.4% | Added |
| New York State Common Retirement Fund | 297,995 | $5.53M | 0.01% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 288,417 | $5.36M | 0.00% | +9,421+3.4% | Added |
| D. E. Shaw & Co., Inc. | 280,856 | $5.22M | 0.00% | +188,131+202.9% | Added |
| Franklin Resources Inc | 274,532 | $5.10M | 0.00% | +38,520+16.3% | Added |
| Qube Research & Technologies Ltd | 271,857 | $5.05M | 0.01% | −764,477−73.8% | Reduced |
| Globeflex Capital L P | 269,640 | $5.01M | 0.77% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 269,473 | $5.00M | 0.00% | −232,296−46.3% | Reduced |
| Resources Investment Advisors, LLC. | 268,400 | $4.98M | 0.05% | −5,199−1.9% | Reduced |
| State of Wisconsin Investment Board | 267,303 | $4.96M | 0.01% | −16,136−5.7% | Reduced |
| ExodusPoint Capital Management, LP | 267,268 | $4.96M | 0.07% | +239,012+845.9% | Added |
| Concentric Capital Strategies, LP | 257,306 | $4.78M | 0.23% | +257,306 | New |
| Nordea Investment Management AB | 246,565 | $4.60M | 0.00% | +7,419+3.1% | Added |
| Swiss National Bank | 242,400 | $4.50M | 0.00% | −4,600−1.9% | Reduced |
| Algert Global LLC | 236,020 | $4.38M | 0.07% | +187,300+384.4% | Added |
| Principal Financial Group Inc | 230,352 | $4.28M | 0.00% | +59,000+34.4% | Added |
| Gotham Asset Management, LLC | 222,162 | $4.13M | 0.02% | +23,689+11.9% | Added |
| EAM Investors, LLC | 224,598 | $4.10M | 0.47% | +224,598 | New |
| Man Group plc | 208,810 | $3.88M | 0.01% | +14,155+7.3% | Added |
| Penserra Capital Management LLC | 206,609 | $3.84M | 0.05% | −5,965−2.8% | Reduced |
| Trexquant Investment LP | 204,041 | $3.79M | 0.04% | −53,152−20.7% | Reduced |
| Robeco Institutional Asset Management B.V. | 195,466 | $3.63M | 0.01% | +23,588+13.7% | Added |
| Voloridge Investment Management, LLC | 193,768 | $3.60M | 0.01% | −509,098−72.4% | Reduced |
| Marshall Wace, LLP | 192,830 | $3.58M | 0.00% | +35,218+22.3% | Added |
| JPMorgan Chase & Co | 187,838 | $3.49M | 0.00% | −44,563−19.2% | Reduced |
| Rhumbline Advisers | 186,616 | $3.47M | 0.00% | −6,583−3.4% | Reduced |
| Maverick Capital LtdSuperinvestorMaverick Capital | 184,755 | $3.43M | 0.05% | +184,755 | New |
| First Trust Advisors LP | 183,893 | $3.41M | 0.00% | −127,206−40.9% | Reduced |
| Schonfeld Strategic Advisors LLC | 182,927 | $3.40M | 0.02% | −121,536−39.9% | Reduced |
| Victory Capital Management Inc | 179,613 | $3.34M | 0.00% | +37,010+26.0% | Added |
| Wells Fargo & Company | 177,107 | $3.29M | 0.00% | −31,498−15.1% | Reduced |
| Alternative Investment Advisors, LLC. | 161,997 | $3.01M | 1.37% | +161,997 | New |
| Divisadero Street Capital Management, LP | 158,125 | $2.94M | 0.14% | 00.0% | Unchanged |
| Legal & General Group Plc | 146,803 | $2.73M | 0.00% | −9,122−5.9% | Reduced |
| Ruffer LLP | 146,239 | $2.72M | 0.15% | +146,239 | New |
| Aquatic Capital Management LLC | 141,920 | $2.64M | 0.05% | +47,028+49.6% | Added |
| Essex Investment Management Co LLC | 138,628 | $2.57M | 0.39% | +4,432+3.3% | Added |
| Los Angeles Capital Management LLC | 136,981 | $2.54M | 0.01% | −3,411−2.4% | Reduced |
| State of Wyoming | 130,657 | $2.43M | 0.28% | −6,387−4.7% | Reduced |
| Deutsche Bank AG | 118,845 | $2.21M | 0.00% | +11,218+10.4% | Added |
| California State Teachers Retirement System | 115,865 | $2.15M | 0.00% | +60.0% | Added |