Bares Capital Management’s Upwork UPWK Stock Holding History

Bares Capital Management’s Portfolio UPWK Stock Details UPWK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q3	–	Sell	-1,425,000	Closed	-$15.3M	–	30
2024 Q2	$15.3M	Buy	1,425,000 +355,000	+33%	+$4.03M	0.74%	21
2024 Q1	$13.1M	Sell	1,070,000 -60,000	-5%	-$816K	0.52%	23
2023 Q4	$16.8M	Sell	1,130,000 -330,000	-23%	-$4.26M	0.66%	21
2023 Q3	$16.6M	Hold	1,460,000	–	–	0.71%	19
2023 Q2	$13.6M	Buy	1,460,000 +660,000	+83%	+$5.98M	0.47%	26
2023 Q1	$9.06M	Buy	800,000 +300,000	+60%	+$3.57M	0.32%	36
2022 Q4	$5.22M	Hold	500,000	–	–	0.2%	35
2022 Q3	$6.81M	Buy	500,000 +369,200	+282%	+$6.94M	0.27%	32
2022 Q2	$2.71M	Buy	+130,800	New	+$2.57M	0.1%	36

Other funds holding UPWK

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Ancient Art Austin, Texas $459M AUM 52.34% 1-Year Est. Return

ECM

Engine Capital Management New York $828M AUM 6.49% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

DAM

Dorsey Asset Management Chicago, Illinois $1.26B AUM 18.46% 1-Year Est. Return

Bares Capital Management's UPWK Position: Q3 2024 in Review

Bares Capital Management sold out of Upwork (UPWK) in Q3 2024, closing a stake of 1,425,000 shares — an estimated $15.3M sold.

Bares Capital Management first reported a position in UPWK in Q2 2022 and held it in 9 quarters. The position peaked at $16.8M in Q4 2023. 220 funds tracked by Wall St. Rank hold UPWK as of Q3 2024.

Bares Capital Management reported no remaining Upwork position as of Q3 2024 after selling out during the quarter.
Bares Capital Management sold 1,425,000 Upwork shares in Q3 2024, an estimated $15.3M.
Bares Capital Management first reported a position in Upwork in Q2 2022 and held it in 9 quarters.
Bares Capital Management's Upwork position peaked at $16.8M in Q4 2023.
220 funds tracked by Wall St. Rank held Upwork as of Q3 2024.

Based on Bares Capital Management's 13F filing for Q3 2024, filed 18 Nov 2024.