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292 hedge funds and large institutions have $1.48B invested in Upwork in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 115 increasing their positions, 90 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 90

0.21% more ownership

Funds ownership: 103.39%103.6% (+0.21%)

10% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 61

4% less funds holding

Funds holding: 305292 (-13)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

33% less call options, than puts

Call options by funds: $15.9M | Put options by funds: $23.9M

45% less capital invested

Capital invested by funds: $2.68B → $1.48B (-$1.19B)

Holders
292
Holders Change
-13
Holders Change %
-4.26%
% of All Funds
3.6%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.02%
New
55
Increased
115
Reduced
90
Closed
61
Calls
$15.9M
Puts
$23.9M
Net Calls
-$8.01M
Net Calls Change
-$8M
Name Holding Trade Value Shares
Change
Change in
Stake
Robeco Institutional Asset Management
51
Robeco Institutional Asset Management
Netherlands
$3.94M +$3.05M +193,632 +117%
PEAK6
52
PEAK6
Illinois
$3.76M +$4.64M +294,970 +618%
RhumbLine Advisers
53
RhumbLine Advisers
Massachusetts
$3.66M +$110K +6,974 +2%
State of Wisconsin Investment Board
54
State of Wisconsin Investment Board
Wisconsin
$3.6M -$737K -46,820 -12%
WG
55
Winton Group
United Kingdom
$3.49M +$5.01M +318,267 New
Luther King Capital Management (LKCM)
56
Luther King Capital Management (LKCM)
Texas
$3.48M
Legal & General Group
57
Legal & General Group
United Kingdom
$3.29M -$509K -32,346 -10%
CG
58
Circumference Group
Arkansas
$3.29M -$1.34M -85,000 -22%
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$3.24M -$120K -7,600 -3%
AG
60
Algert Global
California
$3.01M +$634K +40,280 +17%
Squarepoint
61
Squarepoint
New York
$2.92M +$1.27M +80,370 +43%
N
62
Natixis
France
$2.83M +$4.07M +258,400 New
UBS AM
63
UBS AM
Illinois
$2.81M +$290K +18,435 +8%
OIA
64
OneDigital Investment Advisors
Kansas
$2.8M -$44.5K -2,825 -1%
Swiss National Bank
65
Swiss National Bank
Switzerland
$2.69M -$44.1K -2,800 -1%
Citadel Advisors
66
Citadel Advisors
Florida
$2.54M +$3.15M +200,359 +644%
Arrowstreet Capital
67
Arrowstreet Capital
Massachusetts
$2.53M -$1.31M -83,364 -27%
VOYA Investment Management
68
VOYA Investment Management
Georgia
$2.43M +$1.05M +66,936 +43%
Man Group
69
Man Group
United Kingdom
$2.36M +$1.1M +69,583 +48%
HSA
70
Hussman Strategic Advisors
Maryland
$2.3M +$2.65M +168,000 +400%
Nordea Investment Management
71
Nordea Investment Management
Sweden
$2.26M -$171K -10,852 -5%
GAM
72
Gotham Asset Management
New York
$2.18M +$569K +36,164 +22%
EF
73
Empowered Funds
Pennsylvania
$2.11M +$320K +20,331 +12%
Universal-Beteiligungs- und Servicegesellschaft
74
Universal-Beteiligungs- und Servicegesellschaft
Germany
$2.1M -$1.74M -110,548 -37%
AAP
75
Ardsley Advisory Partners
Connecticut
$2.08M +$2.99M +190,000 New