264 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, 103 increasing their positions, 83 reducing their positions, and 51 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:

10% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 51

3% less funds holding

Funds holding: 272264 (-8)

31% less call options, than puts

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

Holders
264
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
DFCM
276
Dark Forest Capital Management
Puerto Rico
BA
277
Bristlecone Advisors
Washington
CF
278
Corebridge Financial
Texas
Cambridge Investment Research Advisors
279
Cambridge Investment Research Advisors
Iowa
IQI
280
Integrated Quantitative Investments
Washington
TGM
281
Tenzing Global Management
California
AIMCA
282
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
HighTower Advisors
283
HighTower Advisors
Illinois
MFIM
284
Mesirow Financial Investment Management
Illinois
BC
285
Bridgefront Capital
Texas
OAM
286
Oxford Asset Management
United Kingdom
BA
287
Bridgewater Associates
Connecticut
JFG
288
Jefferies Financial Group
New York
Group One Trading
289
Group One Trading
Illinois
FGP
290
Freestone Grove Partners
California
KAS
291
Kestra Advisory Services
Texas
MML Investors Services
292
MML Investors Services
Massachusetts
PWM
293
Prosperity Wealth Management
California
SPA
294
Sherbrooke Park Advisers
New York
N
295
Numerai
California
MWM
296
Mindset Wealth Management
Indiana
State of Tennessee, Department of Treasury
297
State of Tennessee, Department of Treasury
Tennessee
MMA
298
Mizuho Markets Americas
New York
CL
299
CSS LLC
Illinois
AGM
300
Alpine Global Management
New York