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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, 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.

Institutional holdersQ3 2025: 277 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 heldQ3 2025: $2.27B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q2 2025.

Institutions holding UPWK in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Omers Administration Corp115,300$2.14M0.02%00.0%Unchanged
AXA Investment Managers S.A.111,813$2.08M0.01%+111,813New
Hussman Strategic Advisors, Inc.105,000$1.95M0.42%+21,000+25.0%Added
First Pacific Advisors, LP104,881$1.95M0.03%00.0%Unchanged
Cary Street Partners Financial LLC102,920$1.91M0.05%+250+0.2%Added
SEI Investments Co100,032$1.86M0.00%−179,733−64.2%Reduced
Segall Bryant & Hamill, LLC95,183$1.77M0.02%+95,183New
SG Americas Securities, LLC93,781$1.74M0.01%+29,446+45.8%Added
Edgestream Partners, L.P.93,346$1.73M0.05%−82,977−47.1%Reduced
Envestnet Asset Management Inc92,999$1.73M0.00%−2,826−2.9%Reduced
Fox Run Management, L.L.C.92,698$1.72M0.27%+46,622+101.2%Added
Bailard, Inc.89,872$1.67M0.04%−6,700−6.9%Reduced
Picton Mahoney Asset Management88,764$1.65M0.02%+88,764New
Citigroup Inc82,332$1.53M0.00%−3,741−4.3%Reduced
Stifel Financial Corp79,301$1.47M0.00%−1,173−1.5%Reduced
Verition Fund Management LLC79,279$1.47M0.01%−920,903−92.1%Reduced
Capstone Investment Advisors, LLC78,646$1.46M0.01%+78,646New
Elo Mutual Pension Insurance Co76,377$1.42M0.02%−17,623−18.7%Reduced
BNP Paribas Arbitrage, SA76,356$1.42M0.00%+37,562+96.8%Added
Cerity Partners LLC76,095$1.41M0.00%+8,390+12.4%Added
MetLife Investment Management73,409$1.36M0.01%−1,467−2.0%Reduced
Empowered Funds, LLC69,766$1.30M0.01%+69,766New
Teacher Retirement System of Texas69,010$1.28M0.01%+2,357+3.5%Added
Gsa Capital Partners LLP68,042$1.26M0.11%−49,915−42.3%Reduced
Integrated Quantitative Investments LLC63,839$1.19M0.34%+63,839New
Manufacturers Life Insurance Company, The61,451$1.14M0.00%−3,959−6.1%Reduced
Simplex Trading, LLC60,202$1.12M0.02%−8,397−12.2%Reduced
Janus Henderson Group PLC59,070$1.10M0.00%00.0%Unchanged
Landscape Capital Management, L.L.C.58,666$1.09M0.07%+58,666New
Advisor Group Holdings, Inc.68,825$1.07M0.00%+61,592+851.5%Added
Mirae Asset Global ETFs Holdings Ltd.56,942$1.06M0.00%−11,253−16.5%Reduced
Bridgefront Capital, LLC54,326$1.01M0.30%+54,326New
CWM Advisors, LLC54,297$1.01M0.10%−8,751−13.9%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC51,365$953.8K0.00%+21,171+70.1%Added
Parallax Volatility Advisers, L.P.51,248$951.7K0.03%+17,720+52.9%Added
Quest Partners LLC50,326$934.6K0.06%+24,413+94.2%Added
Intech Investment Management LLC49,290$915.3K0.01%−23,827−32.6%Reduced
Teachers Retirement System of the State of Kentucky47,399$880.0K0.01%+47,399New
Great West Life Assurance Co45,706$868.0K0.00%00.0%Unchanged
Aviance Capital Partners, LLC46,413$861.9K0.10%+340+0.7%Added
CI Private Wealth, LLC46,244$858.8K0.00%−33,966−42.3%Reduced
Lazard Asset Management LLC45,381$842.7K0.00%+1,303+3.0%Added
Amundi47,896$833.4K0.00%−6,948−12.7%Reduced
Legato Capital Management LLC40,168$745.9K0.08%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)39,969$742.2K0.00%−503−1.2%Reduced
Assetmark, Inc39,942$741.7K0.00%+273+0.7%Added
Jump Financial, LLC38,773$720.0K0.01%+38,773New
State Board of Administration of Florida Retirement System38,118$707.9K0.00%00.0%Unchanged
Smith Group Asset Management, LLC38,030$706.2K0.04%+1,145+3.1%Added
Quantbot Technologies LP37,835$702.6K0.02%−46,688−55.2%Reduced
Arizona State Retirement System36,980$686.7K0.00%−576−1.5%Reduced
Groupama Asset Managment–$679.4K0.01%––
Creative Planning36,035$669.2K0.00%+6,796+23.2%Added
Brinker Capital Investments, LLC34,816$646.5K0.01%−970−2.7%Reduced
Police & Firemen's Retirement System of New Jersey34,512$640.9K0.01%+7,016+25.5%Added
PEAK6 LLC34,417$639.1K0.02%+21,229+161.0%Added
Walleye Capital LLC33,729$626.3K0.01%+33,729New
Straightline Group LLC38,302$617.4K0.36%+1,159+3.1%Added
Mercer Global Advisors Inc31,550$585.9K0.00%+31,550New
Handelsbanken Fonder AB31,500$585.0K0.00%00.0%Unchanged
Synergy Financial Group, LTD31,033$576.3K0.39%00.0%Unchanged
Group One Trading, L.P.29,800$553.4K0.02%+29,800New
Prudential Financial Inc29,262$543.4K0.00%+6,935+31.1%Added
Aviva PLC28,847$535.7K0.00%−2,791−8.8%Reduced
Harbor Capital Advisors, Inc.27,751$515.0K0.04%+2,741+11.0%Added
Jennison Associates LLC27,394$508.7K0.00%−25,580−48.3%Reduced
Alps Advisors Inc27,045$502.2K0.00%−1,135−4.0%Reduced
Commonwealth Equity Services, LLC27,010$502.0K0.00%−990−3.5%Reduced
HSBC Holdings PLC26,730$492.8K0.00%−18,942−41.5%Reduced
Bayesian Capital Management, LP26,450$491.2K0.10%−26,900−50.4%Reduced
KLP Kapitalforvaltning AS25,600$475.4K0.00%00.0%Unchanged
Campbell & CO Investment Adviser LLC24,516$455.3K0.03%−226,747−90.2%Reduced
Raymond James Financial Inc24,004$445.8K0.00%+928+4.0%Added
O'Brien Wealth Partners LLC23,571$437.7K0.06%00.0%Unchanged
Voya Investment Management LLC22,526$418.3K0.00%−11,640−34.1%Reduced
Colony Group, LLC22,100$410.4K0.00%+16+0.1%Added
Yorktown Management & Research Co Inc21,900$406.7K0.32%+21,900New
Sterling Capital Management LLC21,688$402.7K0.01%−50.0%Reduced
ProShare Advisors LLC21,043$390.8K0.00%−4,473−17.5%Reduced
Graham Capital Management, L.P.20,031$372.0K0.01%−106,144−84.1%Reduced
LPL Financial LLC19,816$368.0K0.00%−1,504−7.1%Reduced
Versor Investments LP19,100$354.7K0.07%+19,100New
Pictet Asset Management Holding SA17,843$331.3K0.00%00.0%Unchanged
Cetera Investment Advisers16,782$311.6K0.00%+419+2.6%Added
Russell Investments Group, Ltd.15,664$290.9K0.00%−186−1.2%Reduced
Quantinno Capital Management LP15,079$280.0K0.00%−1,789−10.6%Reduced
Cornerstone Investment Partners, LLC14,453$268.4K0.01%−1,077−6.9%Reduced
Thrivent Financial for Lutherans14,406$268.0K0.00%+14,406New
Wolverine Trading, LLC13,994$266.0K0.01%−11,520−45.2%Reduced
Point72 Asia (Singapore) Pte. Ltd.14,085$261.6K0.04%+11,716+494.6%Added
Caption Management, LLC13,700$254.4K0.01%+13,700New
Ethic Inc.13,433$249.5K0.00%−960−6.7%Reduced
Public Employees Retirement Association of Colorado13,354$248.0K0.00%00.0%Unchanged
DRW Securities, LLC13,172$244.4K0.01%+13,172New
CIBC Bancorp USA Inc.13,119$243.6K0.00%+13,119New
XTX Topco Ltd12,952$240.5K0.01%−44,230−77.3%Reduced
FMR LLC12,426$230.8K0.00%+41+0.3%Added
Aster Capital Management (DIFC) Ltd11,497$213.5K0.11%+10,965+2,061.1%Added
Polen Capital Management LLC11,384$211.4K0.00%+11,384New
New York State Teachers Retirement System11,311$210.0K0.00%00.0%Unchanged