268 hedge funds and large institutions have $2.26B invested in Upwork in 2025 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 90 increasing their positions, 95 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more capital invested

Capital invested by funds: $ → $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

2% more funds holding

Funds holding: 264268 (+4)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

5% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 95

Holders
268
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
$41.8M
Puts
$26.6M
Net Calls
Net Calls Change

Top Buyers

1 +$38.1M
2 +$33.4M
3 +$24.8M
4
Allianz Asset Management
Allianz Asset Management
Germany
+$16.7M
5
Goldman Sachs
Goldman Sachs
New York
+$16.2M

Top Sellers

1 -$33.9M
2 -$29.7M
3 -$24.6M
4
Renaissance Technologies
Renaissance Technologies
New York
-$18.3M
5
Verition Fund Management
Verition Fund Management
Connecticut
-$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
EI
76
EAM Investors
California
$4.1M
Man Group
77
Man Group
United Kingdom
$3.88M
PCM
78
Penserra Capital Management
California
$3.84M
TI
79
Trexquant Investment
Connecticut
$3.79M
Robeco Institutional Asset Management
80
Robeco Institutional Asset Management
Netherlands
$3.63M
Voloridge Investment Management
81
Voloridge Investment Management
Florida
$3.6M
Marshall Wace
82
Marshall Wace
United Kingdom
$3.58M
JP Morgan Chase
83
JP Morgan Chase
New York
$3.49M
RhumbLine Advisers
84
RhumbLine Advisers
Massachusetts
$3.47M
MC
85
Maverick Capital
Texas
$3.43M
First Trust Advisors
86
First Trust Advisors
Illinois
$3.41M
SSA
87
Schonfeld Strategic Advisors
New York
$3.4M
Victory Capital Management
88
Victory Capital Management
Texas
$3.34M
Wells Fargo
89
Wells Fargo
California
$3.29M
DSCM
90
Divisadero Street Capital Management
Florida
$2.94M
Legal & General Group
91
Legal & General Group
United Kingdom
$2.73M
RL
92
Ruffer LLP
United Kingdom
$2.72M
ACM
93
Aquatic Capital Management
Illinois
$2.64M
EIM
94
Essex Investment Management
Massachusetts
$2.57M
Los Angeles Capital Management
95
Los Angeles Capital Management
California
$2.54M
SOW
96
State of Wyoming
Wyoming
$2.43M
Deutsche Bank
97
Deutsche Bank
Germany
$2.21M
California State Teachers Retirement System (CalSTRS)
98
California State Teachers Retirement System (CalSTRS)
California
$2.15M
OAC
99
OMERS Administration Corp
Ontario, Canada
$2.14M
AIM
100
AXA Investment Managers
France
$2.08M