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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Ethic Inc. | 12,306 | $243.9K | 0.00% | −1,127−8.4% | Reduced |
| Oppenheimer Asset Management Inc. | 12,579 | $249.3K | 0.00% | +2,100+20.0% | Added |
| Caption Management, LLC | 12,626 | $250.2K | 0.01% | −1,074−7.8% | Reduced |
| Canada Pension Plan Investment Board | 12,800 | $253.7K | 0.00% | +9,400+276.5% | Added |
| Susquehanna International Group, LLP | 13,225 | $262.1K | 0.00% | −292,718−95.7% | Reduced |
| Public Employees Retirement Association of Colorado | 13,354 | $265.0K | 0.00% | 00.0% | Unchanged |
| Numerai GP LLC | 13,762 | $272.8K | 0.03% | +13,762 | New |
| Mangrove Partners | 13,859 | $274.7K | 0.02% | +13,859 | New |
| Mindset Wealth Management, LLC | 13,908 | $275.7K | 0.07% | +3,092+28.6% | Added |
| Cornerstone Investment Partners, LLC | 14,462 | $286.6K | 0.01% | +9+0.1% | Added |
| Russell Investments Group, Ltd. | 14,699 | $291.3K | 0.00% | −965−6.2% | Reduced |
| Swiss Life Asset Management Ltd | 14,732 | $292.0K | 0.00% | +14,732 | New |
| Wealth Enhancement Advisory Services, LLC | 14,597 | $295.9K | 0.00% | +14,597 | New |
| Mutual of America Capital Management LLC | 14,933 | $296.0K | 0.00% | +14,933 | New |
| Capula Management Ltd | 15,209 | $301.4K | 0.00% | +9,356+159.8% | Added |
| MML Investors Services, LLC | 15,624 | $309.7K | 0.00% | +15,624 | New |
| Cetera Investment Advisers | 16,678 | $330.6K | 0.00% | −104−0.6% | Reduced |
| Edgestream Partners, L.P. | 16,685 | $330.7K | 0.01% | −76,661−82.1% | Reduced |
| Scientech Research LLC | 17,204 | $341.0K | 0.21% | +17,204 | New |
| Evolve Private Wealth, LLC | 18,316 | $363.0K | 0.02% | +18,316 | New |
| Landscape Capital Management, L.L.C. | 18,634 | $369.3K | 0.02% | −40,032−68.2% | Reduced |
| Maryland State Retirement & Pension System | 19,057 | $377.7K | 0.01% | +19,057 | New |
| Simplex Trading, LLC | 19,197 | $380.5K | 0.01% | −41,005−68.1% | Reduced |
| nVerses Capital, LLC | 19,205 | $380.6K | 0.85% | +19,205 | New |
| Mariner, LLC | 20,053 | $397.3K | 0.00% | +9,055+82.3% | Added |
| Quantinno Capital Management LP | 20,428 | $404.9K | 0.00% | +5,349+35.5% | Added |
| CWM, LLC | 20,426 | $405.0K | 0.00% | +12,804+168.0% | Added |
| Pictet Asset Management Holding SA | 20,641 | $409.1K | 0.00% | +2,798+15.7% | Added |
| Yorktown Management & Research Co Inc | 21,900 | $434.1K | 0.35% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 22,183 | $439.7K | 0.01% | +495+2.3% | Added |
| Capstone Investment Advisors, LLC | 22,207 | $440.1K | 0.00% | −56,439−71.8% | Reduced |
| Raymond James Financial Inc | 22,673 | $449.4K | 0.00% | −1,331−5.5% | Reduced |
| O'Brien Wealth Partners LLC | 23,571 | $467.2K | 0.06% | 00.0% | Unchanged |
| ProShare Advisors LLC | 24,015 | $476.0K | 0.00% | +2,972+14.1% | Added |
| Occudo Quantitative Strategies LP | 24,119 | $478.0K | 0.03% | +24,119 | New |
| Mirabella Financial Services LLP | 25,371 | $502.9K | 0.05% | +25,371 | New |
| Counterpoint Mutual Funds LLC | 25,573 | $506.9K | 0.04% | +25,573 | New |
| Colony Group, LLC | 26,031 | $515.9K | 0.00% | +3,931+17.8% | Added |
| KLP Kapitalforvaltning AS | 27,000 | $535.1K | 0.00% | +1,400+5.5% | Added |
| Alps Advisors Inc | 27,277 | $540.6K | 0.00% | +232+0.9% | Added |
| Versor Investments LP | 27,300 | $541.1K | 0.08% | +8,200+42.9% | Added |
| Abacus Wealth Partners, LLC | 27,345 | $542.0K | 0.05% | +27,345 | New |
| D. E. Shaw & Co., Inc. | 28,410 | $563.1K | 0.00% | −252,446−89.9% | Reduced |
| AlphaCore Capital LLC | 29,588 | $586.4K | 0.01% | +29,588 | New |
| Oregon Public Employees Retirement Fund | 29,926 | $593.1K | 0.01% | +29,926 | New |
| Synergy Financial Group, LTD | 30,659 | $607.7K | 0.43% | −374−1.2% | Reduced |
| Citadel Advisors LLC | 31,125 | $616.9K | 0.00% | −789,660−96.2% | Reduced |
| HSBC Holdings PLC | 31,171 | $619.7K | 0.00% | +4,441+16.6% | Added |
| Commonwealth Equity Services, LLC | 31,439 | $623.1K | 0.00% | +4,429+16.4% | Added |
| IMC-Chicago, LLC | 32,161 | $637.4K | 0.01% | +32,161 | New |
| Handelsbanken Fonder AB | 32,200 | $638.0K | 0.00% | +700+2.2% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 32,346 | $641.1K | 0.00% | +32,346 | New |
| Brinker Capital Investments, LLC | 32,358 | $641.3K | 0.00% | −2,458−7.1% | Reduced |
| Comerica Bank | 32,444 | $643.0K | 0.00% | +30,514+1,581.0% | Added |
| Guggenheim Capital LLC | 32,674 | $647.6K | 0.00% | +32,674 | New |
| Lazard Asset Management LLC | 33,835 | $670.6K | 0.00% | −11,546−25.4% | Reduced |
| Allspring Global Investments Holdings, LLC | 33,843 | $671.4K | 0.00% | +33,843 | New |
| Police & Firemen's Retirement System of New Jersey | 34,058 | $675.0K | 0.01% | −454−1.3% | Reduced |
| Walleye Trading LLC | 34,634 | $686.4K | 0.01% | +34,634 | New |
| Yousif Capital Management, LLC | 35,337 | $688.7K | 0.01% | +35,337 | New |
| Arizona State Retirement System | 34,956 | $692.8K | 0.00% | −2,024−5.5% | Reduced |
| Brevan Howard Capital Management LP | 35,098 | $695.6K | 0.01% | +35,098 | New |
| Harbor Capital Advisors, Inc. | 35,195 | $698.0K | 0.05% | +7,444+26.8% | Added |
| Mercer Global Advisors Inc | 36,755 | $728.5K | 0.00% | +5,205+16.5% | Added |
| Ares Systematic Credit Ltd | 37,428 | $741.8K | 0.61% | +37,428 | New |
| Amalgamated Bank | 37,742 | $748.0K | 0.01% | +33,755+846.6% | Added |
| Assetmark, Inc | 37,773 | $748.7K | 0.00% | −2,169−5.4% | Reduced |
| State Board of Administration of Florida Retirement System | 38,118 | $755.5K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 46,801 | $763.3K | 0.00% | −90,180−65.8% | Reduced |
| Smith Group Asset Management, LLC | 38,973 | $772.4K | 0.04% | +943+2.5% | Added |
| Jump Financial, LLC | 40,400 | $800.7K | 0.01% | +1,627+4.2% | Added |
| Picton Mahoney Asset Management | 41,403 | $820.6K | 0.01% | −47,361−53.4% | Reduced |
| Hussman Strategic Advisors, Inc. | 42,000 | $832.4K | 0.20% | −63,000−60.0% | Reduced |
| Polen Capital Management LLC | 43,111 | $854.5K | 0.00% | +31,727+278.7% | Added |
| Convergence Investment Partners, LLC | 43,675 | $865.6K | 0.17% | +43,675 | New |
| Straightline Group LLC | 39,222 | $867.2K | 0.47% | +920+2.4% | Added |
| Legato Capital Management LLC | 44,068 | $873.4K | 0.08% | +3,900+9.7% | Added |
| Integrated Quantitative Investments LLC | 46,366 | $919.0K | 0.20% | −17,473−27.4% | Reduced |
| Aviance Capital Partners, LLC | 46,494 | $921.5K | 0.11% | +81+0.2% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 46,700 | $925.6K | 0.00% | +6,731+16.8% | Added |
| PEAK6 LLC | 47,698 | $945.4K | 0.03% | +13,281+38.6% | Added |
| Marshall Wace, LLP | 48,049 | $952.3K | 0.00% | −144,781−75.1% | Reduced |
| Amundi | 49,818 | $987.4K | 0.00% | +1,922+4.0% | Added |
| Millennium Management LLC | 50,506 | $1.00M | 0.00% | −522,365−91.2% | Reduced |
| Ieq Capital, LLC | 50,797 | $1.01M | 0.00% | +50,797 | New |
| Quest Partners LLC | 51,680 | $1.02M | 0.06% | +1,354+2.7% | Added |
| Creative Planning | 51,699 | $1.02M | 0.00% | +15,664+43.5% | Added |
| Parallax Volatility Advisers, L.P. | 51,900 | $1.03M | 0.03% | +652+1.3% | Added |
| Bailard, Inc. | 56,072 | $1.11M | 0.02% | −33,800−37.6% | Reduced |
| First Pacific Advisors, LP | 57,081 | $1.13M | 0.01% | −47,800−45.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 57,152 | $1.13M | 0.00% | +210+0.4% | Added |
| State of Tennessee, Treasury Department | 56,587 | $1.13M | 0.00% | +56,587 | New |
| Intech Investment Management LLC | 57,620 | $1.14M | 0.01% | +8,330+16.9% | Added |
| Manufacturers Life Insurance Company, The | 57,962 | $1.15M | 0.00% | −3,489−5.7% | Reduced |
| CI Private Wealth, LLC | 58,283 | $1.16M | 0.00% | +12,039+26.0% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 59,819 | $1.19M | 0.00% | +8,454+16.5% | Added |
| Louisiana State Employees Retirement System | 59,900 | $1.19M | 0.02% | +59,900 | New |
| CWM Advisors, LLC | 61,758 | $1.22M | 0.11% | +7,461+13.7% | Added |
| Teacher Retirement System of Texas | 61,903 | $1.23M | 0.00% | −7,107−10.3% | Reduced |
| BNP Paribas Arbitrage, SA | 67,421 | $1.34M | 0.00% | −8,935−11.7% | Reduced |