270 hedge funds and large institutions have $2.26B invested in Upwork in 2025 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 91 increasing their positions, 96 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

2% more funds holding

Funds holding: 264270 (+6)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

5% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 96

Holders
270
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
$41.8M
Puts
$26.6M
Net Calls
Net Calls Change

Top Buyers

1 +$38.1M
2 +$33.4M
3 +$24.8M
4
Allianz Asset Management
Allianz Asset Management
Germany
+$16.7M
5
Goldman Sachs
Goldman Sachs
New York
+$16.2M

Top Sellers

1 -$33.9M
2 -$29.7M
3 -$24.6M
4
Renaissance Technologies
Renaissance Technologies
New York
-$18.3M
5
Verition Fund Management
Verition Fund Management
Connecticut
-$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
226
Fifth Third Bancorp
Ohio
$32.6K
FMP
227
Financial Management Professionals
Texas
$29.3K
PA
228
Parallel Advisors
California
$27.7K
CA
229
Clearstead Advisors
Ohio
$26.1K
BNP Paribas Asset Management
230
BNP Paribas Asset Management
France
$25K
BIA
231
Bell Investment Advisors
California
$23.5K
QCG
232
Quadrant Capital Group
Ohio
$22.3K
QL
233
Quarry LP
New York
$21.6K
ASN
234
Advisory Services Network
Georgia
$14.8K
S
235
SignatureFD
Georgia
$14.1K
T. Rowe Price Investment Management
236
T. Rowe Price Investment Management
Maryland
$14K
C
237
Covestor
United Kingdom
$14K
Jones Financial Companies
238
Jones Financial Companies
Missouri
$13.4K
VCM
239
Versant Capital Management
Arizona
$13.2K
SAM
240
Smartleaf Asset Management
Massachusetts
$11.7K
AAP
241
Arax Advisory Partners
Colorado
$11K
PHK
242
Point72 Hong Kong
Hong Kong
$9.97K
TCM
243
Triumph Capital Management
Colorado
$9.29K
GWSG
244
GPS Wealth Strategies Group
Colorado
$9.01K
Optiver Holding
245
Optiver Holding
Netherlands
$8.52K
GI
246
GAMMA Investing
California
$7.13K
AF
247
Allworth Financial
California
$6.89K
Rockefeller Capital Management
248
Rockefeller Capital Management
New York
$6.54K
HI
249
Harbour Investments
Wisconsin
$6.07K
SPIA
250
Steward Partners Investment Advisory
New York
$5.48K