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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, Q4 2025

Institutional positions in Upwork, Inc as of Dec 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
305
+38 vs. Q3 2025
Shares held
135.0M
+13.8M (+11.4%) vs. Q3 2025
Total value
$2.68B
+$424.8M (+18.9%) vs. Q3 2025
New holders
77
117 more added
Sold out
39
86 more reduced

10 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 305 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 heldQ4 2025: $2.68B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q3 2025.

Institutions holding UPWK in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Dunhill Financial, LLC2$460.00%+2New
Abound Wealth Management7$1390.00%+7New
Caitong International Asset Management Co., Ltd7$1390.00%+7New
Gilpin Wealth Management, LLC12$2380.00%+12New
Keating Financial Advisory Services, Inc.12$2380.00%+12New
GWM Advisors LLC15$2970.00%00.0%Unchanged
SRS Capital Advisors, Inc.16$3170.00%−577−97.3%Reduced
Sunbelt Securities, Inc.21$4160.00%+21New
Ankerstar Wealth, LLC22$4360.00%+22New
Torren Management, LLC22$4360.00%+22New
Cedar Mountain Advisors, LLC23$4560.00%+23New
Bare Financial Services, Inc27$5350.00%+27New
CIBC Private Wealth Group, LLC31$6140.00%+31New
TD Private Client Wealth LLC33$6540.00%00.0%Unchanged
SJS Investment Consulting Inc.35$6940.00%+35New
CoreCap Advisors, LLC35$6940.00%+35New
Quarry LP41$8130.00%−1,120−96.5%Reduced
Park Place Capital Corp44$8720.00%00.0%Unchanged
Manchester Capital Management LLC45$8920.00%+45New
WPG Advisers, LLC46$9120.00%+46New
Toronto Dominion Bank50$9910.00%+50New
Motiv8 Investments LLC72$1.00K0.00%+72New
WealthCollab, LLC53$1.05K0.00%00.0%Unchanged
Bruce G. Allen Investments, LLC58$1.15K0.00%+17+41.5%Added
Northwestern Mutual Wealth Management Co68$1.35K0.00%+68New
Whittier Trust Co of Nevada Inc71$1.44K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.78$1.55K0.00%00.0%Unchanged
Global Retirement Partners, LLC86$1.71K0.00%+86New
Medallion Wealth Advisors, LLC99$1.96K0.00%00.0%Unchanged
Eastern Bank100$1.98K0.00%00.0%Unchanged
Fifth Third Bancorp124$2.46K0.00%−1,630−92.9%Reduced
Massmutual Trust Co FSB140$2.77K0.00%+54+62.8%Added
Private Wealth Management Group, LLC158$3.13K0.00%00.0%Unchanged
Brown Brothers Harriman & Co169$3.35K0.00%00.0%Unchanged
Ares Financial Consulting, LLC181$3.59K0.00%+181New
Huntington National Bank200$3.96K0.00%00.0%Unchanged
Larson Financial Group LLC200$3.96K0.00%00.0%Unchanged
True Wealth Design, LLC217$4.30K0.00%+120+123.7%Added
C M Bidwell & Associates Ltd251$4.97K0.00%00.0%Unchanged
Hantz Financial Services, Inc.277$5.00K0.00%+277New
Private Trust Co NA258$5.11K0.00%+258New
Rothschild Investment LLC291$5.77K0.00%+86+42.0%Added
Steward Partners Investment Advisory, LLC295$5.85K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec342$6.78K0.00%−1,500−81.4%Reduced
MAI Capital Management393$7.79K0.00%+393New
Triumph Capital Management500$9.91K0.00%+500New
Umb Bank N A515$10.2K0.00%+515New
T. Rowe Price Investment Management, Inc.537$11.0K0.00%−189−26.0%Reduced
Covestor Ltd515$11.0K0.01%−208−28.8%Reduced
Allworth Financial LP634$12.6K0.00%+263+70.9%Added
Essential Partners LLC655$13.0K0.00%+342+109.3%Added
Versant Capital Management, Inc710$14.1K0.00%00.0%Unchanged
Spire Wealth Management734$14.5K0.00%+734New
Jones Financial Companies LLLP740$14.7K0.00%+40+5.7%Added
Signaturefd, LLC788$15.6K0.00%+30+4.0%Added
Smartleaf Asset Management LLC867$16.9K0.00%+250+40.5%Added
Clear Street Markets LLC901$17.9K0.00%+901New
Salomon & Ludwin, LLC884$18.2K0.00%+884New
Bessemer Group Inc937$19.0K0.00%+937New
Quadrant Capital Group LLC1,221$24.2K0.00%+21+1.8%Added
Bell Investment Advisors, Inc1,264$25.1K0.00%00.0%Unchanged
Farther Finance Advisors, LLC1,361$27.0K0.00%+1,165+594.4%Added
Financial Management Professionals, Inc.1,580$31.3K0.00%00.0%Unchanged
Parallel Advisors, LLC1,614$32.0K0.00%+125+8.4%Added
Nisa Investment Advisors, LLC1,807$35.8K0.00%−306−14.5%Reduced
GAMMA Investing LLC1,840$36.5K0.00%+1,456+379.2%Added
Rockefeller Capital Management L.P.1,881$37.3K0.00%+1,529+434.4%Added
International Assets Investment Management, LLC2,106$41.7K0.00%+2,106New
Pinnacle Wealth Planning Services, Inc.2,459$48.7K0.01%+2,459New
STRS Ohio2,500$49.5K0.00%+2,500New
LRI Investments, LLC2,528$50.1K0.00%00.0%Unchanged
EMC Capital Management2,843$56.0K0.02%−502−15.0%Reduced
McGuire Capital Advisors Inc3,351$66.4K0.04%+3,351New
Walleye Capital LLC3,457$68.5K0.00%−30,272−89.8%Reduced
Cary Street Partner Investment Advisory LLC3,690$73.1K0.02%+3,690New
SBI Securities Co., Ltd.3,786$75.0K0.00%−1,630−30.1%Reduced
The PNC Financial Services Group, Inc.4,103$81.3K0.00%+2,087+103.5%Added
IFP Advisors, Inc4,397$87.1K0.00%+431+10.9%Added
KBC Group NV4,424$88.0K0.00%00.0%Unchanged
Clearstead Advisors, LLC4,590$91.0K0.00%+3,184+226.5%Added
Quantbot Technologies LP4,774$94.6K0.00%−33,061−87.4%Reduced
Parkside Financial Bank & Trust5,629$111.6K0.01%+1,527+37.2%Added
Tower Research Capital LLC (TRC)6,438$127.6K0.00%+3,889+152.6%Added
Advisor Group Holdings, Inc.7,340$145.5K0.00%−61,485−89.3%Reduced
EverSource Wealth Advisors, LLC8,003$158.6K0.01%+1,771+28.4%Added
Leonteq Securities AG9,010$178.6K0.01%+7,348+442.1%Added
NBC Securities, Inc.9,212$182.6K0.01%+6,780+278.8%Added
Blair William & Co10,030$198.8K0.00%+10,030New
Sanctuary Advisors, LLC10,083$199.8K0.00%+10,083New
Pacer Advisors, Inc.10,130$200.8K0.00%−518,181−98.1%Reduced
Vontobel Holding Ltd.10,151$201.2K0.00%+10,151New
SeaCrest Wealth Management, LLC9,647$201.2K0.02%−353−3.5%Reduced
Mach-1 Financial Group, Inc.10,187$201.9K0.04%+10,187New
Ameritas Investment Partners, Inc.10,282$203.8K0.01%00.0%Unchanged
Snowden Capital Advisors LLC10,321$204.6K0.01%−646−5.9%Reduced
Maridea Wealth Management LLC10,469$207.5K0.03%+10,469New
Abel Hall, LLC10,612$210.3K0.05%+10,612New
Lighthouse Investment Partners, LLC11,435$226.6K0.01%+11,435New
Schonfeld Strategic Advisors LLC11,802$233.9K0.00%−171,125−93.5%Reduced
Nomura Asset Management International Inc.11,874$235.3K0.00%+11,874New