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
SSA
51
Schonfeld Strategic Advisors
New York
$4.09M
Citadel Advisors
52
Citadel Advisors
Florida
$4.01M
New York State Common Retirement Fund
53
New York State Common Retirement Fund
New York
$4.01M
State of Wisconsin Investment Board
54
State of Wisconsin Investment Board
Wisconsin
$3.81M
SEI Investments
55
SEI Investments
Pennsylvania
$3.76M
Ameriprise
56
Ameriprise
Minnesota
$3.75M
OIA
57
OneDigital Investment Advisors
Kansas
$3.68M
GC
58
Globeflex Capital
California
$3.62M
Luther King Capital Management (LKCM)
59
Luther King Capital Management (LKCM)
Texas
$3.56M
Boston Partners
60
Boston Partners
Massachusetts
$3.52M
TI
61
Trexquant Investment
Connecticut
$3.46M
CCIA
62
Campbell & Co Investment Adviser
Maryland
$3.38M
Swiss National Bank
63
Swiss National Bank
Switzerland
$3.32M
Nordea Investment Management
64
Nordea Investment Management
Sweden
$3.22M
Connor, Clark & Lunn Investment Management (CC&L)
65
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.18M
Franklin Resources
66
Franklin Resources
California
$3.17M
JPMorgan Chase & Co
67
JPMorgan Chase & Co
New York
$3.12M
Royal Bank of Canada
68
Royal Bank of Canada
Ontario, Canada
$2.95M
PCM
69
Penserra Capital Management
California
$2.86M
Wells Fargo
70
Wells Fargo
California
$2.8M
GAM
71
Gotham Asset Management
New York
$2.67M
Man Group
72
Man Group
United Kingdom
$2.62M
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$2.6M
Capital Fund Management (CFM)
74
Capital Fund Management (CFM)
France
$2.49M
EP
75
Edgestream Partners
New Jersey
$2.37M