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
Verition Fund Management
26
Verition Fund Management
Connecticut
$13.4M
Allianz Asset Management
27
Allianz Asset Management
Germany
$12.9M
Balyasny Asset Management
28
Balyasny Asset Management
Illinois
$12M
Acadian Asset Management
29
Acadian Asset Management
Massachusetts
$11M
Bank of America
30
Bank of America
North Carolina
$10.1M
Voloridge Investment Management
31
Voloridge Investment Management
Florida
$9.45M
Pacer Advisors
32
Pacer Advisors
Pennsylvania
$9.03M
Assenagon Asset Management
33
Assenagon Asset Management
Luxembourg
$6.85M
UBS AM
34
UBS AM
Illinois
$6.74M
GPGA
35
Grandeur Peak Global Advisors
Utah
$6.24M
KIM
36
Kestrel Investment Management
California
$6.06M
HIM
37
Hillsdale Investment Management
Ontario, Canada
$6.04M
CSS
38
Cubist Systematic Strategies
Connecticut
$5.95M
Bank of New York Mellon
39
Bank of New York Mellon
New York
$5.61M
CG
40
Circumference Group
Arkansas
$5.51M
SIA
41
SkyView Investment Advisors
New Jersey
$5.3M
AllianceBernstein
42
AllianceBernstein
Tennessee
$5.14M
FGC
43
Financial Gravity Companies
Texas
$5.12M
Barclays
44
Barclays
United Kingdom
$4.69M
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$4.58M
American Century Companies
46
American Century Companies
Missouri
$4.57M
Squarepoint
47
Squarepoint
New York
$4.35M
First Trust Advisors
48
First Trust Advisors
Illinois
$4.18M
Universal-Beteiligungs- und Servicegesellschaft
49
Universal-Beteiligungs- und Servicegesellschaft
Germany
$4.14M
UBS Group
50
UBS Group
Switzerland
$4.1M