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 |
|---|---|---|---|---|---|
| State Street Corp | 4,890,897 | $96.9M | 0.00% | +1,909,873+64.1% | Added |
| LSV Asset Management | 6,537,275 | $129.6M | 0.28% | +23,900+0.4% | Added |
| Vanguard Group Inc | 14,989,217 | $297.1M | 0.00% | +322,455+2.2% | Added |
| Price T Rowe Associates Inc | 19,231,377 | $381.2M | 0.04% | +5,893,970+44.2% | Added |
| BlackRock, Inc. | 20,061,827 | $397.6M | 0.01% | +8,517,035+73.8% | Added |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −1,753,332−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −537,261−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −518,954−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −443,311−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −415,729−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −271,857−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −267,268−100.0% | Sold out |
| Concentric Capital Strategies, LP | 0 | $0 | 0.00% | −257,306−100.0% | Sold out |
| EAM Investors, LLC | 0 | $0 | 0.00% | −224,598−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −204,041−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −193,768−100.0% | Sold out |
| Maverick Capital LtdSuperinvestorMaverick Capital | 0 | $0 | 0.00% | −184,755−100.0% | Sold out |
| Alternative Investment Advisors, LLC. | 0 | $0 | 0.00% | −161,997−100.0% | Sold out |
| Divisadero Street Capital Management, LP | 0 | $0 | 0.00% | −158,125−100.0% | Sold out |
| Ruffer LLP | 0 | $0 | 0.00% | −146,239−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −141,920−100.0% | Sold out |
| Omers Administration Corp | 0 | $0 | 0.00% | −115,300−100.0% | Sold out |
| Segall Bryant & Hamill, LLC | 0 | $0 | 0.00% | −95,183−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −92,698−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −68,042−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −54,326−100.0% | Sold out |
| Groupama Asset Managment | 0 | $0 | 0.00% | – | Sold out |
| Aviva PLC | 0 | $0 | 0.00% | −28,847−100.0% | Sold out |
| Jennison Associates LLC | 0 | $0 | 0.00% | −27,394−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −26,450−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −24,516−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −20,031−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −13,172−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −12,952−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −11,497−100.0% | Sold out |
| Cache Advisors, LLC | 0 | $0 | 0.00% | −11,000−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −799−100.0% | Sold out |
| GPS Wealth Strategies Group, LLC | 0 | $0 | 0.00% | −485−100.0% | Sold out |
| Optiver Holding B.V. | 0 | $0 | 0.00% | −459−100.0% | Sold out |
| Harbour Investments, Inc. | 0 | $0 | 0.00% | −327−100.0% | Sold out |
| Whittier Trust Co | 0 | $0 | 0.00% | −262−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −162−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −150−100.0% | Sold out |
| National Bank of Canada | 0 | $0 | 0.00% | −52−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Kent Lake PR LLC | – | – | – | – | Not filed |
| AXA Investment Managers S.A. | – | – | – | – | Not filed |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| Point72 Asia (Singapore) Pte. Ltd. | – | – | – | – | Not filed |
| CIBC Bancorp USA Inc. | – | – | – | – | Not filed |
| Shell Asset Management Co | – | – | – | – | Not filed |
| Point72 Europe (London) LLP | – | – | – | – | Not filed |
| Point72 Hong Kong Ltd | – | – | – | – | Not filed |
| Accredited Wealth Management, LLC | – | – | – | – | Not filed |