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253 hedge funds and large institutions have $1.8B invested in Upwork in 2024 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 81 increasing their positions, 78 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 28

80% more funds holding in top 10

Funds holding in top 10: 59 (+4)

65% more capital invested

Capital invested by funds: $1.09B → $1.8B (+$711M)

28% more call options, than puts

Call options by funds: $47.6M | Put options by funds: $37.1M

15% more funds holding

Funds holding: 220253 (+33)

3.43% more ownership

Funds ownership: 78.88%82.32% (+3.4%)

4% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 78

Holders
253
Holders Change
+33
Holders Change %
+15%
% of All Funds
3.33%
Holding in Top 10
9
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+80%
% of All Funds
0.12%
New
65
Increased
81
Reduced
78
Closed
28
Calls
$47.6M
Puts
$37.1M
Net Calls
+$10.5M
Net Calls Change
+$7.56M
Name Holding Trade Value Shares
Change
Change in
Stake
C
226
Covestor
United Kingdom
$5K +$4.08K +283 +2,830%
GI
227
GAMMA Investing
California
$4.99K +$2.4K +167 +121%
CIA
228
Cape Investment Advisory
Georgia
$4.91K +$4.32K +300 New
SPIA
229
Steward Partners Investment Advisory
New York
$4.82K +$4.25K +295 New
BIG
230
Brooklyn Investment Group
New York
$4.59K +$4.05K +281 New
CSPIA
231
Cary Street Partners Investment Advisory
Virginia
$4.09K +$3.6K +250 New
PD
232
Point72 (DIFC)
United Arab Emirates
$3.59K -$3.79K -263 -54%
Optiver Holding
233
Optiver Holding
Netherlands
$2.67K -$230 -16 -9%
PWMG
234
Private Wealth Management Group
New Jersey
$2.58K
SIS
235
Sound Income Strategies
Florida
$2.29K
RIL
236
Rothschild Investment LLC
Illinois
$2.13K +$648 +45 +53%
SCM
237
Sterling Capital Management
North Carolina
$2.08K
Bessemer Group
238
Bessemer Group
New Jersey
$2K
IA
239
IFP Advisors
Florida
$1.81K -$26.6K -1,850 -94%
EB
240
Eastern Bank
Massachusetts
$1.64K
MWA
241
Medallion Wealth Advisors
Connecticut
$1.62K +$1.43K +99 New
AF
242
Allworth Financial
California
$1.35K
LC
243
Lindbrook Capital
California
$1.34K +$216 +15 +22%
TWD
244
True Wealth Design
Ohio
$1.26K
Fifth Third Bancorp
245
Fifth Third Bancorp
Ohio
$883 -$533 -37 -41%
PSFG
246
Park Square Financial Group
Georgia
$867 +$763 +53 New
FCMT
247
Founders Capital Management (Texas)
Texas
$638 +$274 +19 +95%
HCP
248
Hexagon Capital Partners
Arkansas
$638 +$562 +39 New
National Bank of Canada
249
National Bank of Canada
Quebec, Canada
$425 -$25.8K -1,792 -99%
AWM
250
Accredited Wealth Management
Kentucky
$409 +$360 +25 New

UPWK Hedge Fund Activity: Q4 2024 in Review

253 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q4 2024, worth a combined $1.8B — up 65% from $1.09B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new UPWK positions and 28 closed out — a net gain of 37 holders — while 81 added to existing stakes and 78 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $76.2M. The largest seller was Engine Capital Management, cutting an estimated $67.8M.

  • 253 institutional investors held Upwork (UPWK) as of Q4 2024, up from 220 in Q3 2024.
  • Funds reported $1.8B of Upwork stock for Q4 2024, up 65% quarter-over-quarter.
  • 65 funds opened new Upwork positions in Q4 2024 and 28 closed out, a net change of +37 holders.
  • The largest Upwork buyer in Q4 2024 was T. Rowe Price Associates, an estimated $76.2M added.
  • The largest Upwork seller in Q4 2024 was Engine Capital Management, an estimated $67.8M sold.

Based on aggregated 13F filings for Q4 2024.