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228 hedge funds and large institutions have $1.39B invested in Upwork in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 78 increasing their positions, 73 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 31

7% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 73

2% more call options, than puts

Call options by funds: $20.9M | Put options by funds: $20.4M

1% more funds holding

Funds holding: 226228 (+2)

0.11% less ownership

Funds ownership: 78.36%78.25% (-0.11%)

34% less capital invested

Capital invested by funds: $2.1B → $1.39B (-$706M)

64% less funds holding in top 10

Funds holding in top 10: 145 (-9)

Holders
228
Holders Change
+2
Holders Change %
+0.88%
% of All Funds
3.93%
Holding in Top 10
5
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-64.29%
% of All Funds
0.09%
New
35
Increased
78
Reduced
73
Closed
31
Calls
$20.9M
Puts
$20.4M
Net Calls
+$495K
Net Calls Change
+$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
E
226
Ergoteles
New York
-$834K -40,308 Closed
CM
227
Caption Management
Oklahoma
-$755K -36,500 Closed
ACM
228
Altai Capital Management
California
-$662K -32,000 Closed
Tudor Investment Corp
229
Tudor Investment Corp
Connecticut
-$525K -25,382 Closed
WP
230
Woodline Partners
California
-$394K -19,045 Closed
IMC Chicago
231
IMC Chicago
Illinois
-$314K -16,706 Closed
GCP
232
GSA Capital Partners
United Kingdom
-$248K -11,976 Closed
IAIM
233
International Assets Investment Management
Florida
-$203 -9,813 Closed
SCA
234
Spearhead Capital Advisors
Florida
-$202K -9,778 Closed
SO
235
STRS Ohio
Ohio
-$146K -7,100 Closed
VanEck Associates
236
VanEck Associates
New York
-$124K -6,002 Closed
SOW
237
State of Wyoming
Wyoming
-$101K -4,898 Closed
Skandinaviska Enskilda Banken (SEB)
238
Skandinaviska Enskilda Banken (SEB)
Sweden
-$87K -4,206 Closed
Simplex Trading
239
Simplex Trading
Illinois
-$52.6K -2,800 Closed
CAPTRUST Financial Advisors
240
CAPTRUST Financial Advisors
North Carolina
-$56K -2,711 Closed
FIA
241
FNY Investment Advisers
New York
-$27K -1,319 Closed
SWM
242
Selective Wealth Management
Virginia
-$12K -600 Closed
LFA
243
Level Financial Advisors
New York
-$12K -565 Closed
OIA
244
Optimum Investment Advisors
Illinois
-$5K -255 Closed
TWA
245
TCI Wealth Advisors
Arizona
-$3K -152 Closed
SWM
246
Spire Wealth Management
Virginia
-$2K -100 Closed
C
247
Covestor
United Kingdom
-$38 -2 -15%
AF
248
Allworth Financial
California
+$132 +7 +117%
CAL
249
Capital Advisors Ltd
Ohio
+$226 +12 New
BTI
250
Blue Trust Inc
Georgia
+$263 +14 +156%

UPWK Hedge Fund Activity: Q3 2022 in Review

228 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q3 2022, worth a combined $1.39B — down 34% from $2.1B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new UPWK positions and 31 closed out — a net gain of 4 holders — while 78 added to existing stakes and 73 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $43.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $69.5M.

  • 228 institutional investors held Upwork (UPWK) as of Q3 2022, up from 226 in Q2 2022.
  • Funds reported $1.39B of Upwork stock for Q3 2022, down 34% quarter-over-quarter.
  • 35 funds opened new Upwork positions in Q3 2022 and 31 closed out, a net change of +4 holders.
  • The largest Upwork buyer in Q3 2022 was Janus Henderson Group, an estimated $43.5M added.
  • The largest Upwork seller in Q3 2022 was T. Rowe Price Associates, an estimated $69.5M sold.

Based on aggregated 13F filings for Q3 2022.