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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, Q1 2026

Institutional positions in Upwork, Inc as of Mar 31, 2026. 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
292
−6 vs. Q4 2025
Shares held
135.1M
+15.1M (+12.6%) vs. Q4 2025
Total value
$1.48B
−$894.0M (−37.6%) vs. Q4 2025
New holders
55
115 more added
Sold out
61
90 more reduced

7 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 292 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 heldQ1 2026: $1.48B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Upwork, Inc; share changes are against Q4 2025.

Institutions holding UPWK in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.18,856,122$206.7M0.00%−1,205,705−6.0%Reduced
Price T Rowe Associates Inc17,435,463$191.1M0.02%−1,795,914−9.3%Reduced
Vanguard Portfolio Management LLC7,774,348$85.2M0.00%+7,774,348New
LSV Asset Management6,792,528$74.4M0.16%+255,253+3.9%Added
Ancient Art, L.P.5,959,909$65.3M14.24%+1,319,095+28.4%Added
Vanguard Capital Management LLC5,612,698$61.5M0.00%+5,612,698New
State Street Corp5,125,342$56.2M0.00%+234,445+4.8%Added
Capital International Investors4,723,558$51.8M0.01%+1,434,698+43.6%Added
Dimensional Fund Advisors LP3,715,616$40.7M0.01%+779,506+26.5%Added
Boston Partners3,153,937$34.6M0.04%+221,102+7.5%Added
Geode Capital Management, LLC3,143,280$34.5M0.00%+59,276+1.9%Added
FMR LLC3,070,271$33.7M0.00%+912,250+42.3%Added
Goldman Sachs Group Inc2,550,828$28.0M0.00%+354,234+16.1%Added
Renaissance Technologies LLC2,040,320$22.4M0.03%−118,722−5.5%Reduced
Invenomic Capital Management LP1,914,501$21.0M0.97%+1,179,401+160.4%Added
Deutsche Bank AG1,692,722$18.6M0.01%+796,027+88.8%Added
Portolan Capital Management, LLC1,570,560$17.2M0.92%+850,916+118.2%Added
UBS Group AG1,556,511$17.1M0.00%+1,124,975+260.7%Added
Jupiter Asset Management Ltd1,428,300$15.7M0.08%+1,153,570+419.9%Added
Rice Hall James & Associates, LLC1,308,167$14.3M0.80%+1,308,167New
American Century Companies Inc1,305,873$14.3M0.01%−95,845−6.8%Reduced
Northern Trust Corp1,242,582$13.6M0.00%+21,042+1.7%Added
Charles Schwab Investment Management Inc1,232,479$13.5M0.00%+36,590+3.1%Added
Fiera Capital Corp1,232,253$13.5M0.05%−147,649−10.7%Reduced
Morgan Stanley1,185,695$13.0M0.00%−1,579,591−57.1%Reduced
Principal Financial Group Inc1,097,681$12.0M0.01%+133,078+13.8%Added
Millennium Management LLC1,035,421$11.3M0.01%+984,915+1,950.1%Added
Bank of America Corp928,710$10.2M0.00%−156,795−14.4%Reduced
Vanguard Fiduciary Trust Co896,882$9.83M0.00%+896,882New
Wellington Management Group LLP871,228$9.55M0.00%−51,905−5.6%Reduced
Invesco Ltd.812,527$8.91M0.00%−2,773,319−77.3%Reduced
Alliancebernstein L.P.424,256$8.41M0.00%+96,103+29.3%Added
Two Sigma Investments, LP766,309$8.40M0.01%−75,492−9.0%Reduced
Pacer Advisors, Inc.726,780$7.97M0.02%+716,650+7,074.5%Added
Bank of New York Mellon Corp725,276$7.95M0.00%−27,889−3.7%Reduced
XTX Topco Ltd564,496$6.19M0.11%+564,496New
Public Sector Pension Investment Board553,373$6.06M0.02%+101,144+22.4%Added
Hillsdale Investment Management Inc.502,500$5.51M0.15%00.0%Unchanged
Ameriprise Financial Inc486,122$5.33M0.00%−149,739−23.5%Reduced
Victory Capital Management Inc444,159$4.87M0.00%+280,633+171.6%Added
Kestrel Investment Management Corp433,000$4.75M2.83%−2,500−0.6%Reduced
Sofos Investments, Inc.424,762$4.66M0.83%+23,097+5.8%Added
JPMorgan Chase & Co410,827$4.34M0.00%+305,389+289.6%Added
SkyView Investment Advisors, LLC389,205$4.27M0.57%−3,259−0.8%Reduced
Nuveen, LLC389,189$4.27M0.00%−1,382,939−78.0%Reduced
Clearbridge Investments, LLC387,912$4.25M0.00%+55,387+16.7%Added
BNP Paribas Arbitrage, SA376,100$4.12M0.00%+308,679+457.8%Added
Franklin Resources Inc373,536$4.09M0.00%+98,756+35.9%Added
Allianz Asset Management GmbH369,339$4.05M0.00%−854,229−69.8%Reduced
First Trust Advisors LP364,344$3.99M0.00%+20,366+5.9%Added
Robeco Institutional Asset Management B.V.359,391$3.94M0.01%+193,632+116.8%Added
PEAK6 LLC342,668$3.76M0.11%+294,970+618.4%Added
Rhumbline Advisers334,047$3.66M0.00%+6,974+2.1%Added
State of Wisconsin Investment Board328,582$3.60M0.01%−46,820−12.5%Reduced
Winton Group Ltd318,267$3.49M0.12%+318,267New
King Luther Capital Management Corp317,542$3.48M0.02%00.0%Unchanged
Legal & General Group Plc300,538$3.29M0.00%−32,346−9.7%Reduced
Circumference Group LLC300,000$3.29M7.37%−85,000−22.1%Reduced
New York State Common Retirement Fund295,595$3.24M0.00%−7,600−2.5%Reduced
Algert Global LLC274,890$3.01M0.05%+40,280+17.2%Added
Squarepoint Ops LLC266,786$2.92M0.01%+80,370+43.1%Added
Natixis258,400$2.83M0.01%+258,400New
UBS Asset Management Americas Inc256,385$2.81M0.00%+18,435+7.7%Added
Resources Investment Advisors, LLC.255,091$2.80M0.03%−2,825−1.1%Reduced
Swiss National Bank245,600$2.69M0.00%−2,800−1.1%Reduced
Citadel Advisors LLC231,484$2.54M0.00%+200,359+643.7%Added
Arrowstreet Capital, Limited Partnership230,830$2.53M0.00%−83,364−26.5%Reduced
Voya Investment Management LLC221,608$2.43M0.00%+66,936+43.3%Added
Man Group plc215,421$2.36M0.00%+69,583+47.7%Added
Hussman Strategic Advisors, Inc.210,000$2.30M0.50%+168,000+400.0%Added
Nordea Investment Management AB210,660$2.26M0.00%−10,852−4.9%Reduced
Gotham Asset Management, LLC198,680$2.18M0.01%+36,164+22.3%Added
Empowered Funds, LLC192,084$2.11M0.01%+20,331+11.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH191,922$2.10M0.00%−110,548−36.5%Reduced
Ardsley Advisory Partners LP190,000$2.08M0.32%+190,000New
Penserra Capital Management LLC186,677$2.04M0.02%−21,834−10.5%Reduced
Royal Bank of Canada178,706$1.96M0.00%−1,473−0.8%Reduced
Susquehanna Fundamental Investments, LLC167,666$1.84M0.07%+167,666New
State of Wyoming162,856$1.78M0.21%+15,915+10.8%Added
AQR Capital Management LLC156,565$1.72M0.00%−274,641−63.7%Reduced
Wells Fargo & Company156,295$1.71M0.00%−87,096−35.8%Reduced
California State Teachers Retirement System156,213$1.71M0.00%+37,048+31.1%Added
Elo Mutual Pension Insurance Co155,811$1.71M0.03%+88,071+130.0%Added
Engineers Gate Manager LP153,900$1.69M0.02%+70,507+84.5%Added
Prudential Financial Inc150,530$1.65M0.00%+28,400+23.3%Added
Sanctuary Advisors, LLC148,664$1.63M0.01%+138,581+1,374.4%Added
Picton Mahoney Asset Management141,771$1.55M0.02%+100,368+242.4%Added
Essex Investment Management Co LLC138,204$1.51M0.24%+2,568+1.9%Added
Massachusetts Financial Services Co133,710$1.47M0.00%+133,710New
G2 Investment Partners Management LLC120,000$1.32M0.32%+120,000New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.118,600$1.30M0.00%+697+0.6%Added
Schroder Investment Management Group122,948$1.30M0.00%−167,895−57.7%Reduced
Teachers Retirement System of the State of Kentucky117,579$1.29M0.01%−3,131−2.6%Reduced
Intech Investment Management LLC115,380$1.26M0.01%+57,760+100.2%Added
Vanguard Asset Management, Ltd112,265$1.23M0.00%+112,265New
Envestnet Asset Management Inc111,735$1.22M0.00%+13,354+13.6%Added
Great West Life Assurance Co107,587$1.18M0.00%+108+0.1%Added
Stifel Financial Corp107,562$1.18M0.00%+37,986+54.6%Added
State of Alaska, Department of Revenue105,750$1.16M0.01%+492+0.5%Added
Citigroup Inc101,850$1.12M0.00%+16,753+19.7%Added