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 |
|---|---|---|---|---|---|
| Elo Mutual Pension Insurance Co | 67,740 | $1.34M | 0.02% | −8,637−11.3% | Reduced |
| Illinois Municipal Retirement Fund | 69,327 | $1.37M | 0.02% | +69,327 | New |
| Stifel Financial Corp | 69,576 | $1.38M | 0.00% | −9,725−12.3% | Reduced |
| MetLife Investment Management | 70,140 | $1.39M | 0.01% | −3,269−4.5% | Reduced |
| US Bancorp | 71,259 | $1.41M | 0.00% | +67,290+1,695.4% | Added |
| New York State Teachers Retirement System | 73,287 | $1.45M | 0.00% | +61,976+547.9% | Added |
| Cerity Partners LLC | 80,929 | $1.60M | 0.00% | +4,834+6.4% | Added |
| Engineers Gate Manager LP | 83,393 | $1.65M | 0.02% | +83,393 | New |
| Citigroup Inc | 85,097 | $1.69M | 0.00% | +2,765+3.4% | Added |
| LPL Financial LLC | 88,914 | $1.76M | 0.00% | +69,098+348.7% | Added |
| Envestnet Asset Management Inc | 98,381 | $1.95M | 0.00% | +5,382+5.8% | Added |
| Verition Fund Management LLC | 98,991 | $1.96M | 0.01% | +19,712+24.9% | Added |
| Cary Street Partners Financial LLC | 99,230 | $1.97M | 0.05% | −3,690−3.6% | Reduced |
| SEI Investments Co | 101,524 | $2.01M | 0.00% | +1,492+1.5% | Added |
| Thrivent Financial for Lutherans | 104,183 | $2.06M | 0.00% | +89,777+623.2% | Added |
| State of Alaska, Department of Revenue | 105,258 | $2.08M | 0.02% | +98,943+1,566.8% | Added |
| JPMorgan Chase & Co | 105,438 | $2.09M | 0.00% | −82,400−43.9% | Reduced |
| Great West Life Assurance Co | 107,479 | $2.13M | 0.00% | +61,773+135.2% | Added |
| Capital Fund Management S.A. | 109,717 | $2.17M | 0.02% | −210,600−65.7% | Reduced |
| Polar Asset Management Partners Inc. | 114,741 | $2.27M | 0.05% | −367,031−76.2% | Reduced |
| Group One Trading, L.P. | 117,168 | $2.32M | 0.07% | +87,368+293.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 117,903 | $2.34M | 0.00% | +116,549+8,607.8% | Added |
| California State Teachers Retirement System | 119,165 | $2.36M | 0.00% | +3,300+2.8% | Added |
| Teachers Retirement System of the State of Kentucky | 120,710 | $2.39M | 0.02% | +73,311+154.7% | Added |
| Prudential Financial Inc | 122,130 | $2.42M | 0.00% | +92,868+317.4% | Added |
| Essex Investment Management Co LLC | 135,636 | $2.69M | 0.41% | −2,992−2.2% | Reduced |
| Man Group plc | 145,838 | $2.89M | 0.01% | −62,972−30.2% | Reduced |
| State of Wyoming | 146,941 | $2.91M | 0.32% | +16,284+12.5% | Added |
| Voya Investment Management LLC | 154,672 | $3.07M | 0.00% | +132,146+586.6% | Added |
| SG Americas Securities, LLC | 162,256 | $3.22M | 0.00% | +68,475+73.0% | Added |
| Gotham Asset Management, LLC | 162,516 | $3.22M | 0.01% | −59,646−26.8% | Reduced |
| Victory Capital Management Inc | 163,526 | $3.24M | 0.00% | −16,087−9.0% | Reduced |
| Robeco Institutional Asset Management B.V. | 165,759 | $3.29M | 0.00% | −29,707−15.2% | Reduced |
| Burney Co | 168,627 | $3.34M | 0.10% | +168,627 | New |
| Empowered Funds, LLC | 171,753 | $3.40M | 0.06% | +101,987+146.2% | Added |
| Acadian Asset Management LLC | 173,643 | $3.44M | 0.01% | −209,107−54.6% | Reduced |
| Royal Bank of Canada | 180,179 | $3.57M | 0.00% | −274,947−60.4% | Reduced |
| Squarepoint Ops LLC | 186,416 | $3.69M | 0.01% | −424,749−69.5% | Reduced |
| Penserra Capital Management LLC | 208,511 | $4.13M | 0.05% | +1,902+0.9% | Added |
| Nordea Investment Management AB | 221,512 | $4.39M | 0.00% | −25,053−10.2% | Reduced |
| Algert Global LLC | 234,610 | $4.65M | 0.07% | −1,410−0.6% | Reduced |
| UBS Asset Management Americas Inc | 237,950 | $4.72M | 0.00% | −31,523−11.7% | Reduced |
| Wells Fargo & Company | 243,391 | $4.82M | 0.00% | +66,284+37.4% | Added |
| Swiss National Bank | 248,400 | $4.92M | 0.00% | +6,000+2.5% | Added |
| Resources Investment Advisors, LLC. | 257,916 | $5.11M | 0.05% | −10,484−3.9% | Reduced |
| Globeflex Capital L P | 269,640 | $5.34M | 0.82% | 00.0% | Unchanged |
| Jupiter Asset Management Ltd | 274,730 | $5.45M | 0.04% | −232,347−45.8% | Reduced |
| Franklin Resources Inc | 274,780 | $5.45M | 0.00% | +248+0.1% | Added |
| Schroder Investment Management Group | 290,843 | $5.69M | 0.00% | +290,843 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 302,470 | $5.96M | 0.01% | −67,510−18.2% | Reduced |
| Danske Bank A/S | 301,573 | $5.98M | 0.01% | −73,629−19.6% | Reduced |
| New York State Common Retirement Fund | 303,195 | $6.01M | 0.01% | +5,200+1.7% | Added |
| Arrowstreet Capital, Limited Partnership | 314,194 | $6.23M | 0.00% | −729,644−69.9% | Reduced |
| King Luther Capital Management Corp | 317,542 | $6.29M | 0.03% | +1,465+0.5% | Added |
| Rhumbline Advisers | 327,073 | $6.48M | 0.01% | +140,457+75.3% | Added |
| Alliancebernstein L.P. | 328,153 | $6.50M | 0.00% | −20,916−6.0% | Reduced |
| Clearbridge Investments, LLC | 332,525 | $6.59M | 0.01% | +332,525 | New |
| Legal & General Group Plc | 332,884 | $6.60M | 0.00% | +186,081+126.8% | Added |
| First Trust Advisors LP | 343,978 | $6.82M | 0.00% | +160,085+87.1% | Added |
| State of Wisconsin Investment Board | 375,402 | $7.44M | 0.02% | +108,099+40.4% | Added |
| Circumference Group LLC | 385,000 | $7.63M | 8.51% | +10,000+2.7% | Added |
| SkyView Investment Advisors, LLC | 392,464 | $7.78M | 0.98% | −9,930−2.5% | Reduced |
| Sofos Investments, Inc. | 401,665 | $7.96M | 1.53% | +10,355+2.6% | Added |
| AQR Capital Management LLC | 431,206 | $8.55M | 0.00% | +130,302+43.3% | Added |
| UBS Group AG | 431,536 | $8.55M | 0.00% | −23,150−5.1% | Reduced |
| Kestrel Investment Management Corp | 435,500 | $8.63M | 4.89% | −15,500−3.4% | Reduced |
| Janus Henderson Group PLC | 448,400 | $8.89M | 0.00% | +389,330+659.1% | Added |
| Public Sector Pension Investment Board | 452,229 | $8.96M | 0.03% | +452,229 | New |
| Grandeur Peak Global Advisors, LLC | 462,333 | $9.16M | 1.23% | −41,329−8.2% | Reduced |
| Hillsdale Investment Management Inc. | 502,500 | $9.96M | 0.27% | −2,800−0.6% | Reduced |
| Bridgewater Associates, LP | 541,073 | $10.7M | 0.04% | −99,986−15.6% | Reduced |
| J. Goldman & Co LP | 541,259 | $10.7M | 0.42% | −228,488−29.7% | Reduced |
| Ameriprise Financial Inc | 635,861 | $12.6M | 0.00% | +347,444+120.5% | Added |
| Portolan Capital Management, LLC | 719,644 | $14.3M | 0.76% | +325,715+82.7% | Added |
| Invenomic Capital Management LP | 735,100 | $14.6M | 0.70% | −599,441−44.9% | Reduced |
| Bank of New York Mellon Corp | 753,165 | $14.9M | 0.00% | +324,418+75.7% | Added |
| Two Sigma Investments, LP | 841,801 | $16.7M | 0.02% | −642,283−43.3% | Reduced |
| Deutsche Bank AG | 896,695 | $17.8M | 0.01% | +777,850+654.5% | Added |
| Barclays PLC | 912,840 | $18.1M | 0.01% | −15,206−1.6% | Reduced |
| Wellington Management Group LLP | 923,133 | $18.3M | 0.00% | +284,127+44.5% | Added |
| Principal Financial Group Inc | 964,603 | $19.1M | 0.01% | +734,251+318.8% | Added |
| Baillie Gifford & Co | 1,030,754 | $20.4M | 0.02% | −147,509−12.5% | Reduced |
| Bank of America Corp | 1,085,505 | $21.5M | 0.00% | −203,421−15.8% | Reduced |
| Charles Schwab Investment Management Inc | 1,195,889 | $23.7M | 0.00% | +104,233+9.5% | Added |
| Northern Trust Corp | 1,221,540 | $24.2M | 0.00% | +26,321+2.2% | Added |
| Allianz Asset Management GmbH | 1,223,568 | $24.3M | 0.03% | −638,585−34.3% | Reduced |
| Fiera Capital Corp | 1,379,902 | $27.3M | 0.09% | +338,002+32.4% | Added |
| American Century Companies Inc | 1,401,718 | $27.8M | 0.01% | +710,289+102.7% | Added |
| Nuveen, LLC | 1,772,128 | $35.1M | 0.01% | −26,073−1.4% | Reduced |
| Summit Partners Public Asset Management, LLC | 2,025,000 | $40.1M | 1.13% | +2,025,000 | New |
| FMR LLC | 2,158,021 | $42.8M | 0.00% | +2,145,595+17,267.0% | Added |
| Renaissance Technologies LLC | 2,159,042 | $42.8M | 0.07% | +356,327+19.8% | Added |
| Goldman Sachs Group Inc | 2,196,594 | $43.5M | 0.01% | −1,425,911−39.4% | Reduced |
| Morgan Stanley | 2,765,286 | $54.8M | 0.00% | −2,003,749−42.0% | Reduced |
| Dimensional Fund Advisors LP | 2,936,110 | $58.2M | 0.01% | +107,375+3.8% | Added |
| Boston Partners | 2,932,835 | $58.3M | 0.06% | +610,260+26.3% | Added |
| Geode Capital Management, LLC | 3,084,004 | $61.1M | 0.00% | −1,1140.0% | Reduced |
| Capital International Investors | 3,288,860 | $65.2M | 0.01% | +900,318+37.7% | Added |
| Invesco Ltd. | 3,585,846 | $71.1M | 0.01% | +576,512+19.2% | Added |
| Ancient Art, L.P. | 4,640,814 | $92.0M | 20.81% | +372,147+8.7% | Added |