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
CMBA
251
C.M. Bidwell & Associates
Hawaii
$4.66K
WT
252
Whittier Trust
California
$4.53K
RIL
253
Rothschild Investment LLC
Illinois
$3.81K
LFG
254
Larson Financial Group
Missouri
$3.71K
HNB
255
Huntington National Bank
Ohio
$3.71K
FFA
256
Farther Finance Advisors
California
$3.64K
BBHC
257
Brown Brothers Harriman & Co
New York
$3.14K
PS
258
Principal Securities
Iowa
$3.01K
PWMG
259
Private Wealth Management Group
New Jersey
$2.94K
WANY
260
Wealthspire Advisors (New York)
New York
$2.79K
EB
261
Eastern Bank
Massachusetts
$1.86K
TWD
262
True Wealth Design
Ohio
$1.8K
MPWT
263
MassMutual Private Wealth & Trust
Connecticut
$1.6K
WTC
264
WhitTier Trust Company
Nevada
$1.23K
W
265
WealthCollab
Washington
$985
National Bank of Canada
266
National Bank of Canada
Quebec, Canada
$966
PPC
267
Park Place Capital
Alabama
$817
BGAI
268
Bruce G. Allen Investments
Colorado
$761
TPCW
269
TD Private Client Wealth
New York
$613
AWM
270
Accredited Wealth Management
Kentucky
$465
NA
271
NewEdge Advisors
Louisiana
$279
Connor, Clark & Lunn Investment Management (CC&L)
272
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
PM
273
Plustick Management
Virginia
PAM
274
Panagora Asset Management
Massachusetts
EGM
275
Engineers Gate Manager
New York