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 |
|---|---|---|---|---|---|
| EAM Investors, LLC | 224,598 | $4.10M | 0.47% | +224,598 | New |
| Gotham Asset Management, LLC | 222,162 | $4.13M | 0.02% | +23,689+11.9% | Added |
| Principal Financial Group Inc | 230,352 | $4.28M | 0.00% | +59,000+34.4% | Added |
| Algert Global LLC | 236,020 | $4.38M | 0.07% | +187,300+384.4% | Added |
| Swiss National Bank | 242,400 | $4.50M | 0.00% | −4,600−1.9% | Reduced |
| Nordea Investment Management AB | 246,565 | $4.60M | 0.00% | +7,419+3.1% | Added |
| Concentric Capital Strategies, LP | 257,306 | $4.78M | 0.23% | +257,306 | New |
| ExodusPoint Capital Management, LP | 267,268 | $4.96M | 0.07% | +239,012+845.9% | Added |
| State of Wisconsin Investment Board | 267,303 | $4.96M | 0.01% | −16,136−5.7% | Reduced |
| Resources Investment Advisors, LLC. | 268,400 | $4.98M | 0.05% | −5,199−1.9% | Reduced |
| UBS Asset Management Americas Inc | 269,473 | $5.00M | 0.00% | −232,296−46.3% | Reduced |
| Globeflex Capital L P | 269,640 | $5.01M | 0.77% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 271,857 | $5.05M | 0.01% | −764,477−73.8% | Reduced |
| Franklin Resources Inc | 274,532 | $5.10M | 0.00% | +38,520+16.3% | Added |
| D. E. Shaw & Co., Inc. | 280,856 | $5.22M | 0.00% | +188,131+202.9% | Added |
| Ameriprise Financial Inc | 288,417 | $5.36M | 0.00% | +9,421+3.4% | Added |
| New York State Common Retirement Fund | 297,995 | $5.53M | 0.01% | 00.0% | Unchanged |
| AQR Capital Management LLC | 300,904 | $5.59M | 0.00% | +203,341+208.4% | Added |
| Susquehanna International Group, LLP | 305,943 | $5.68M | 0.01% | −34,931−10.2% | Reduced |
| King Luther Capital Management Corp | 316,077 | $5.87M | 0.02% | +51,288+19.4% | Added |
| Capital Fund Management S.A. | 320,317 | $5.95M | 0.06% | +135,091+72.9% | Added |
| Alliancebernstein L.P. | 349,069 | $6.48M | 0.00% | −33,001−8.6% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 369,980 | $6.87M | 0.01% | +62,229+20.2% | Added |
| Circumference Group LLC | 375,000 | $6.96M | 8.18% | −35,000−8.5% | Reduced |
| Danske Bank A/S | 375,202 | $6.97M | 0.02% | +43,644+13.2% | Added |
| Acadian Asset Management LLC | 382,750 | $7.10M | 0.01% | −436,523−53.3% | Reduced |
| Sofos Investments, Inc. | 391,310 | $7.27M | 1.44% | +391,310 | New |
| Portolan Capital Management, LLC | 393,929 | $7.32M | 0.40% | +393,929 | New |
| SkyView Investment Advisors, LLC | 402,394 | $7.47M | 0.94% | +13,157+3.4% | Added |
| Jane Street Group, LLC | 415,729 | $7.72M | 0.01% | −754,524−64.5% | Reduced |
| Bank of New York Mellon Corp | 428,747 | $7.96M | 0.00% | +11,594+2.8% | Added |
| Two Sigma Advisers, LP | 443,311 | $8.23M | 0.02% | −694,289−61.0% | Reduced |
| Kestrel Investment Management Corp | 451,000 | $8.38M | 4.72% | 00.0% | Unchanged |
| UBS Group AG | 454,686 | $8.44M | 0.00% | +149,496+49.0% | Added |
| Royal Bank of Canada | 455,126 | $8.45M | 0.00% | +235,429+107.2% | Added |
| Polar Asset Management Partners Inc. | 481,772 | $8.95M | 0.18% | +481,772 | New |
| Kent Lake PR LLC | 500,000 | $9.29M | 4.75% | +500,000 | New |
| Grandeur Peak Global Advisors, LLC | 503,662 | $9.35M | 1.25% | +39,736+8.6% | Added |
| Hillsdale Investment Management Inc. | 505,300 | $9.38M | 0.28% | +55,900+12.4% | Added |
| Jupiter Asset Management Ltd | 507,077 | $9.42M | 0.08% | +348,127+219.0% | Added |
| Point72 Asset Management, L.P. | 518,954 | $9.64M | 0.02% | +518,954 | New |
| Pacer Advisors, Inc. | 528,311 | $9.81M | 0.03% | −143,733−21.4% | Reduced |
| Cubist Systematic Strategies, LLC | 532,144 | $9.88M | 0.14% | +89,351+20.2% | Added |
| Assenagon Asset Management S.A. | 537,261 | $9.98M | 0.01% | +27,567+5.4% | Added |
| Millennium Management LLC | 572,871 | $10.6M | 0.01% | −1,323,489−69.8% | Reduced |
| Squarepoint Ops LLC | 611,165 | $11.3M | 0.02% | +287,421+88.8% | Added |
| Wellington Management Group LLP | 639,006 | $11.9M | 0.00% | +639,006 | New |
| Bridgewater Associates, LP | 641,059 | $11.9M | 0.05% | +641,059 | New |
| American Century Companies Inc | 691,429 | $12.8M | 0.01% | +351,616+103.5% | Added |
| J. Goldman & Co LP | 769,747 | $14.3M | 0.54% | +769,747 | New |
| Citadel Advisors LLC | 820,785 | $15.2M | 0.01% | +522,109+174.8% | Added |
| Barclays PLC | 928,046 | $17.2M | 0.01% | +578,903+165.8% | Added |
| Fiera Capital Corp | 1,041,900 | $19.3M | 0.06% | −23,473−2.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,043,838 | $19.4M | 0.01% | +20,370+2.0% | Added |
| Charles Schwab Investment Management Inc | 1,091,656 | $20.3M | 0.00% | +74,758+7.4% | Added |
| Baillie Gifford & Co | 1,178,263 | $21.9M | 0.02% | −579,637−33.0% | Reduced |
| Northern Trust Corp | 1,195,219 | $22.2M | 0.00% | +3,740+0.3% | Added |
| Bank of America Corp | 1,288,926 | $23.9M | 0.00% | +538,045+71.7% | Added |
| Invenomic Capital Management LP | 1,334,541 | $24.8M | 1.30% | +1,334,541 | New |
| Two Sigma Investments, LP | 1,484,084 | $27.6M | 0.04% | −905,301−37.9% | Reduced |
| Balyasny Asset Management LLC | 1,753,332 | $32.6M | 0.07% | +863,810+97.1% | Added |
| Nuveen, LLC | 1,798,201 | $33.4M | 0.01% | +643,735+55.8% | Added |
| Renaissance Technologies LLC | 1,802,715 | $33.5M | 0.04% | −983,400−35.3% | Reduced |
| Allianz Asset Management GmbH | 1,862,153 | $34.6M | 0.04% | +900,525+93.6% | Added |
| Boston Partners | 2,322,575 | $43.0M | 0.04% | +2,060,356+785.7% | Added |
| Capital International Investors | 2,388,542 | $44.4M | 0.01% | −1,598,007−40.1% | Reduced |
| Dimensional Fund Advisors LP | 2,828,735 | $52.5M | 0.01% | +71,130+2.6% | Added |
| State Street Corp | 2,981,024 | $55.4M | 0.00% | −12,228−0.4% | Reduced |
| Invesco Ltd. | 3,009,334 | $55.9M | 0.01% | +147,852+5.2% | Added |
| Geode Capital Management, LLC | 3,085,118 | $57.3M | 0.00% | +89,799+3.0% | Added |
| Goldman Sachs Group Inc | 3,622,505 | $67.3M | 0.01% | +873,209+31.8% | Added |
| Ancient Art, L.P. | 4,268,667 | $79.3M | 19.05% | +494,759+13.1% | Added |
| Morgan Stanley | 4,769,035 | $88.6M | 0.01% | +54,546+1.2% | Added |
| LSV Asset Management | 6,513,375 | $121.0M | 0.27% | −21,200−0.3% | Reduced |
| BlackRock, Inc. | 11,544,792 | $214.4M | 0.00% | +1,801,199+18.5% | Added |
| Price T Rowe Associates Inc | 13,337,407 | $247.7M | 0.03% | +27,531+0.2% | Added |
| Vanguard Group Inc | 14,666,762 | $272.4M | 0.00% | −396,208−2.6% | Reduced |
| Erste Asset Management GmbH | 0 | $0 | 0.00% | −13,011−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −236,906−100.0% | Sold out |
| Plustick Management LLC | 0 | $0 | 0.00% | −170,000−100.0% | Sold out |
| Panagora Asset Management Inc | 0 | $0 | 0.00% | −135,685−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −123,884−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −104,824−100.0% | Sold out |
| Mackenzie Financial Corp | 0 | $0 | 0.00% | −104,024−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −93,153−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −88,815−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −74,074−100.0% | Sold out |
| CWA Asset Management Group, LLC | 0 | $0 | 0.00% | −71,172−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −69,231−100.0% | Sold out |
| CenterBook Partners LP | 0 | $0 | 0.00% | −49,332−100.0% | Sold out |
| STRS Ohio | 0 | $0 | 0.00% | −42,000−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −40,043−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −32,021−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −31,382−100.0% | Sold out |
| PDT Partners, LLC | 0 | $0 | 0.00% | −24,439−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −17,940−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −17,302−100.0% | Sold out |
| 111 Capital | 0 | $0 | 0.00% | −16,016−100.0% | Sold out |
| Virginia Retirement Systems Et Al | 0 | $0 | 0.00% | −15,691−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −15,102−100.0% | Sold out |