272 hedge funds and large institutions have $1.53B invested in Upwork in 2025 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 77 increasing their positions, 83 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

15% less capital invested

Capital invested by funds: $1.79B → $1.53B (-$267M)

35% less call options, than puts

Call options by funds: $14.8M | Put options by funds: $22.8M

56% less funds holding in top 10

Funds holding in top 10: 94 (-5)

Holders
272
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$14.8M
Puts
$22.8M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
226
$12.3K
227
$10.4K
228
$10.3K
229
$10.2K
230
$9.89K
231
$9.2K
232
$7.83K
233
$6.53K
234
$6.39K
235
$5.92K
236
$4.4K
237
$4.07K
238
$3.85K
239
$3.72K
240
$3.58K
241
$3.38K
242
$3.26K
243
$2.61K
244
$2.43K
245
$2.35K
246
$2.15K
247
$2.13K
248
$2.06K
249
$2.06K
250
$2K