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 |
|---|---|---|---|---|---|
| US Bancorp | 71,259 | $1.41M | 0.00% | +67,290+1,695.4% | Added |
| MetLife Investment Management | 70,140 | $1.39M | 0.01% | −3,269−4.5% | Reduced |
| Stifel Financial Corp | 69,576 | $1.38M | 0.00% | −9,725−12.3% | Reduced |
| Illinois Municipal Retirement Fund | 69,327 | $1.37M | 0.02% | +69,327 | New |
| Elo Mutual Pension Insurance Co | 67,740 | $1.34M | 0.02% | −8,637−11.3% | Reduced |
| BNP Paribas Arbitrage, SA | 67,421 | $1.34M | 0.00% | −8,935−11.7% | Reduced |
| Teacher Retirement System of Texas | 61,903 | $1.23M | 0.00% | −7,107−10.3% | Reduced |
| CWM Advisors, LLC | 61,758 | $1.22M | 0.11% | +7,461+13.7% | Added |
| Louisiana State Employees Retirement System | 59,900 | $1.19M | 0.02% | +59,900 | New |
| Grantham, Mayo, Van Otterloo & Co. LLC | 59,819 | $1.19M | 0.00% | +8,454+16.5% | Added |
| CI Private Wealth, LLC | 58,283 | $1.16M | 0.00% | +12,039+26.0% | Added |
| Manufacturers Life Insurance Company, The | 57,962 | $1.15M | 0.00% | −3,489−5.7% | Reduced |
| Intech Investment Management LLC | 57,620 | $1.14M | 0.01% | +8,330+16.9% | Added |
| State of Tennessee, Treasury Department | 56,587 | $1.13M | 0.00% | +56,587 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 57,152 | $1.13M | 0.00% | +210+0.4% | Added |
| First Pacific Advisors, LP | 57,081 | $1.13M | 0.01% | −47,800−45.6% | Reduced |
| Bailard, Inc. | 56,072 | $1.11M | 0.02% | −33,800−37.6% | Reduced |
| Parallax Volatility Advisers, L.P. | 51,900 | $1.03M | 0.03% | +652+1.3% | Added |
| Creative Planning | 51,699 | $1.02M | 0.00% | +15,664+43.5% | Added |
| Quest Partners LLC | 51,680 | $1.02M | 0.06% | +1,354+2.7% | Added |
| Ieq Capital, LLC | 50,797 | $1.01M | 0.00% | +50,797 | New |
| Millennium Management LLC | 50,506 | $1.00M | 0.00% | −522,365−91.2% | Reduced |
| Amundi | 49,818 | $987.4K | 0.00% | +1,922+4.0% | Added |
| Marshall Wace, LLP | 48,049 | $952.3K | 0.00% | −144,781−75.1% | Reduced |
| PEAK6 LLC | 47,698 | $945.4K | 0.03% | +13,281+38.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 46,700 | $925.6K | 0.00% | +6,731+16.8% | Added |
| Aviance Capital Partners, LLC | 46,494 | $921.5K | 0.11% | +81+0.2% | Added |
| Integrated Quantitative Investments LLC | 46,366 | $919.0K | 0.20% | −17,473−27.4% | Reduced |
| Legato Capital Management LLC | 44,068 | $873.4K | 0.08% | +3,900+9.7% | Added |
| Straightline Group LLC | 39,222 | $867.2K | 0.47% | +920+2.4% | Added |
| Convergence Investment Partners, LLC | 43,675 | $865.6K | 0.17% | +43,675 | New |
| Polen Capital Management LLC | 43,111 | $854.5K | 0.00% | +31,727+278.7% | Added |
| Hussman Strategic Advisors, Inc. | 42,000 | $832.4K | 0.20% | −63,000−60.0% | Reduced |
| Picton Mahoney Asset Management | 41,403 | $820.6K | 0.01% | −47,361−53.4% | Reduced |
| Jump Financial, LLC | 40,400 | $800.7K | 0.01% | +1,627+4.2% | Added |
| Smith Group Asset Management, LLC | 38,973 | $772.4K | 0.04% | +943+2.5% | Added |
| Los Angeles Capital Management LLC | 46,801 | $763.3K | 0.00% | −90,180−65.8% | Reduced |
| State Board of Administration of Florida Retirement System | 38,118 | $755.5K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 37,773 | $748.7K | 0.00% | −2,169−5.4% | Reduced |
| Amalgamated Bank | 37,742 | $748.0K | 0.01% | +33,755+846.6% | Added |
| Ares Systematic Credit Ltd | 37,428 | $741.8K | 0.61% | +37,428 | New |
| Mercer Global Advisors Inc | 36,755 | $728.5K | 0.00% | +5,205+16.5% | Added |
| Harbor Capital Advisors, Inc. | 35,195 | $698.0K | 0.05% | +7,444+26.8% | Added |
| Brevan Howard Capital Management LP | 35,098 | $695.6K | 0.01% | +35,098 | New |
| Arizona State Retirement System | 34,956 | $692.8K | 0.00% | −2,024−5.5% | Reduced |
| Yousif Capital Management, LLC | 35,337 | $688.7K | 0.01% | +35,337 | New |
| Walleye Trading LLC | 34,634 | $686.4K | 0.01% | +34,634 | New |
| Police & Firemen's Retirement System of New Jersey | 34,058 | $675.0K | 0.01% | −454−1.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 33,843 | $671.4K | 0.00% | +33,843 | New |
| Lazard Asset Management LLC | 33,835 | $670.6K | 0.00% | −11,546−25.4% | Reduced |
| Guggenheim Capital LLC | 32,674 | $647.6K | 0.00% | +32,674 | New |
| Comerica Bank | 32,444 | $643.0K | 0.00% | +30,514+1,581.0% | Added |
| Brinker Capital Investments, LLC | 32,358 | $641.3K | 0.00% | −2,458−7.1% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 32,346 | $641.1K | 0.00% | +32,346 | New |
| Handelsbanken Fonder AB | 32,200 | $638.0K | 0.00% | +700+2.2% | Added |
| IMC-Chicago, LLC | 32,161 | $637.4K | 0.01% | +32,161 | New |
| Commonwealth Equity Services, LLC | 31,439 | $623.1K | 0.00% | +4,429+16.4% | Added |
| HSBC Holdings PLC | 31,171 | $619.7K | 0.00% | +4,441+16.6% | Added |
| Citadel Advisors LLC | 31,125 | $616.9K | 0.00% | −789,660−96.2% | Reduced |
| Synergy Financial Group, LTD | 30,659 | $607.7K | 0.43% | −374−1.2% | Reduced |
| Oregon Public Employees Retirement Fund | 29,926 | $593.1K | 0.01% | +29,926 | New |
| AlphaCore Capital LLC | 29,588 | $586.4K | 0.01% | +29,588 | New |
| D. E. Shaw & Co., Inc. | 28,410 | $563.1K | 0.00% | −252,446−89.9% | Reduced |
| Abacus Wealth Partners, LLC | 27,345 | $542.0K | 0.05% | +27,345 | New |
| Versor Investments LP | 27,300 | $541.1K | 0.08% | +8,200+42.9% | Added |
| Alps Advisors Inc | 27,277 | $540.6K | 0.00% | +232+0.9% | Added |
| KLP Kapitalforvaltning AS | 27,000 | $535.1K | 0.00% | +1,400+5.5% | Added |
| Colony Group, LLC | 26,031 | $515.9K | 0.00% | +3,931+17.8% | Added |
| Counterpoint Mutual Funds LLC | 25,573 | $506.9K | 0.04% | +25,573 | New |
| Mirabella Financial Services LLP | 25,371 | $502.9K | 0.05% | +25,371 | New |
| Occudo Quantitative Strategies LP | 24,119 | $478.0K | 0.03% | +24,119 | New |
| ProShare Advisors LLC | 24,015 | $476.0K | 0.00% | +2,972+14.1% | Added |
| O'Brien Wealth Partners LLC | 23,571 | $467.2K | 0.06% | 00.0% | Unchanged |
| Raymond James Financial Inc | 22,673 | $449.4K | 0.00% | −1,331−5.5% | Reduced |
| Capstone Investment Advisors, LLC | 22,207 | $440.1K | 0.00% | −56,439−71.8% | Reduced |
| Sterling Capital Management LLC | 22,183 | $439.7K | 0.01% | +495+2.3% | Added |
| Yorktown Management & Research Co Inc | 21,900 | $434.1K | 0.35% | 00.0% | Unchanged |
| Pictet Asset Management Holding SA | 20,641 | $409.1K | 0.00% | +2,798+15.7% | Added |
| CWM, LLC | 20,426 | $405.0K | 0.00% | +12,804+168.0% | Added |
| Quantinno Capital Management LP | 20,428 | $404.9K | 0.00% | +5,349+35.5% | Added |
| Mariner, LLC | 20,053 | $397.3K | 0.00% | +9,055+82.3% | Added |
| nVerses Capital, LLC | 19,205 | $380.6K | 0.85% | +19,205 | New |
| Simplex Trading, LLC | 19,197 | $380.5K | 0.01% | −41,005−68.1% | Reduced |
| Maryland State Retirement & Pension System | 19,057 | $377.7K | 0.01% | +19,057 | New |
| Landscape Capital Management, L.L.C. | 18,634 | $369.3K | 0.02% | −40,032−68.2% | Reduced |
| Evolve Private Wealth, LLC | 18,316 | $363.0K | 0.02% | +18,316 | New |
| Scientech Research LLC | 17,204 | $341.0K | 0.21% | +17,204 | New |
| Edgestream Partners, L.P. | 16,685 | $330.7K | 0.01% | −76,661−82.1% | Reduced |
| Cetera Investment Advisers | 16,678 | $330.6K | 0.00% | −104−0.6% | Reduced |
| MML Investors Services, LLC | 15,624 | $309.7K | 0.00% | +15,624 | New |
| Capula Management Ltd | 15,209 | $301.4K | 0.00% | +9,356+159.8% | Added |
| Mutual of America Capital Management LLC | 14,933 | $296.0K | 0.00% | +14,933 | New |
| Wealth Enhancement Advisory Services, LLC | 14,597 | $295.9K | 0.00% | +14,597 | New |
| Swiss Life Asset Management Ltd | 14,732 | $292.0K | 0.00% | +14,732 | New |
| Russell Investments Group, Ltd. | 14,699 | $291.3K | 0.00% | −965−6.2% | Reduced |
| Cornerstone Investment Partners, LLC | 14,462 | $286.6K | 0.01% | +9+0.1% | Added |
| Mindset Wealth Management, LLC | 13,908 | $275.7K | 0.07% | +3,092+28.6% | Added |
| Mangrove Partners | 13,859 | $274.7K | 0.02% | +13,859 | New |
| Numerai GP LLC | 13,762 | $272.8K | 0.03% | +13,762 | New |
| Public Employees Retirement Association of Colorado | 13,354 | $265.0K | 0.00% | 00.0% | Unchanged |