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, 104 increasing their positions, 82 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
264
Holders Change
-8
Holders Change %
-2.94%
% of All Funds
3.54%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
46
Increased
104
Reduced
82
Closed
51
Calls
$12.8M
Puts
$18.5M
Net Calls
-$5.74M
Net Calls Change
+$2.21M
Name Holding Trade Value Shares
Change
Shares
Change %
Robeco Institutional Asset Management
76
Robeco Institutional Asset Management
Netherlands
$2.31M +$401K +29,805 +21%
Principal Financial Group
77
Principal Financial Group
Iowa
$2.3M +$2.3M +171,352 New
PM
78
Plustick Management
Virginia
$2.28M -$3.09M -230,000 -58%
Corient Private Wealth
79
Corient Private Wealth
Florida
$2.16M +$264K +19,637 +14%
JAM
80
Jupiter Asset Management
United Kingdom
$2.14M +$1.89M +140,506 +762%
DSCM
81
Divisadero Street Capital Management
Florida
$2.13M +$2.13M +158,125 New
Marshall Wace
82
Marshall Wace
United Kingdom
$2.12M +$1.97M +146,930 +1,375%
Legal & General Group
83
Legal & General Group
United Kingdom
$2.1M +$237K +17,618 +13%
Victory Capital Management
84
Victory Capital Management
Texas
$1.92M +$144K +10,748 +8%
Los Angeles Capital Management
85
Los Angeles Capital Management
California
$1.89M -$686K -51,066 -27%
SOW
86
State of Wyoming
Wyoming
$1.84M +$1.56M +115,857 +547%
PAM
87
Panagora Asset Management
Massachusetts
$1.82M
EIM
88
Essex Investment Management
Massachusetts
$1.8M -$12.3K -918 -0.7%
GCM
89
Graham Capital Management
Connecticut
$1.7M +$38.2K +2,839 +2%
EGM
90
Engineers Gate Manager
New York
$1.67M +$663K +49,303 +66%
GCP
91
GSA Capital Partners
United Kingdom
$1.59M +$1.59M +117,957 New
California State Teachers Retirement System (CalSTRS)
92
California State Teachers Retirement System (CalSTRS)
California
$1.56M +$20.5K +1,523 +1%
OAC
93
OMERS Administration Corp
Ontario, Canada
$1.55M -$157K -11,700 -9%
Deutsche Bank
94
Deutsche Bank
Germany
$1.45M -$1.14M -85,087 -44%
FPA
95
First Pacific Advisors
California
$1.41M
CC
96
Centiva Capital
New York
$1.41M +$1.13M +84,256 +410%
Mackenzie Financial
97
Mackenzie Financial
Ontario, Canada
$1.4M -$37.3K -2,772 -3%
CSP
98
Cary Street Partners
Virginia
$1.38M -$80.7K -6,002 -6%
AQR Capital Management
99
AQR Capital Management
Connecticut
$1.31M +$387K +28,790 +42%
Norges Bank
100
Norges Bank
Norway
$1.31M +$1.31M +97,529 New