265 hedge funds and large institutions have $1.58B invested in Upwork in 2025 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 104 increasing their positions, 83 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

more capital invested

Capital invested by funds: $ → $

more funds holding in top 10

Funds holding in top 10:

3% less funds holding

Funds holding: 274265 (-9)

12% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 52

31% less call options, than puts

Call options by funds: $12.8M | Put options by funds: $18.5M

Holders
265
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
$12.8M
Puts
$18.5M
Net Calls
Net Calls Change

Top Buyers

1 +$21.8M
2 +$15.9M
3 +$15.6M
4
Millennium Management
Millennium Management
New York
+$14.9M
5
Jane Street
Jane Street
New York
+$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BPC
276
Bryce Point Capital
New York
DFCM
277
Dark Forest Capital Management
Puerto Rico
BA
278
Bristlecone Advisors
Washington
CF
279
Corebridge Financial
Texas
Cambridge Investment Research Advisors
280
Cambridge Investment Research Advisors
Iowa
IQI
281
Integrated Quantitative Investments
Washington
TGM
282
Tenzing Global Management
California
AIMCA
283
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
HighTower Advisors
284
HighTower Advisors
Illinois
MFIM
285
Mesirow Financial Investment Management
Illinois
BC
286
Bridgefront Capital
Texas
OAM
287
Oxford Asset Management
United Kingdom
BA
288
Bridgewater Associates
Connecticut
JFG
289
Jefferies Financial Group
New York
SA
290
Sanctuary Advisors
Indiana
Group One Trading
291
Group One Trading
Illinois
FGP
292
Freestone Grove Partners
California
KAS
293
Kestra Advisory Services
Texas
MML Investors Services
294
MML Investors Services
Massachusetts
PWM
295
Prosperity Wealth Management
California
SPA
296
Sherbrooke Park Advisers
New York
N
297
Numerai
California
MWM
298
Mindset Wealth Management
Indiana
State of Tennessee, Department of Treasury
299
State of Tennessee, Department of Treasury
Tennessee
MMA
300
Mizuho Markets Americas
New York