272 hedge funds and large institutions have $1.53B invested in Upwork in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 77 increasing their positions, 82 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

15% less capital invested

Capital invested by funds: $1.79B → $1.53B (-$267M)

35% less call options, than puts

Call options by funds: $14.8M | Put options by funds: $22.8M

56% less funds holding in top 10

Funds holding in top 10: 94 (-5)

Holders
272
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
$14.8M
Puts
$22.8M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IIM
101
INTECH Investment Management
Florida
$1.09M
CA
102
Cache Advisors
California
$1.06M
BPC
103
Bryce Point Capital
New York
$1M
MIM
104
MetLife Investment Management
New Jersey
$977K
EGM
105
Engineers Gate Manager
New York
$973K
Mirae Asset Global ETFs Holdings
106
Mirae Asset Global ETFs Holdings
Hong Kong
$972K
Manulife (Manufacturers Life Insurance)
107
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$909K
AQR Capital Management
108
AQR Capital Management
Connecticut
$897K
First Trust Advisors
109
First Trust Advisors
Illinois
$895K
Cerity Partners
110
Cerity Partners
New York
$892K
NCFG
111
New Century Financial Group
New Jersey
$886K
Citadel Advisors
112
Citadel Advisors
Florida
$850K
DFCM
113
Dark Forest Capital Management
Puerto Rico
$835K
BA
114
Bristlecone Advisors
Washington
$814K
CF
115
Corebridge Financial
Texas
$796K
Man Group
116
Man Group
United Kingdom
$784K
II
117
Inspire Investing
Idaho
$750K
Simplex Trading
118
Simplex Trading
Illinois
$740K
Cambridge Investment Research Advisors
119
Cambridge Investment Research Advisors
Iowa
$709K
IQI
120
Integrated Quantitative Investments
Washington
$686K
Osaic Holdings
121
Osaic Holdings
Arizona
$681K
Jennison Associates
122
Jennison Associates
New York
$656K
GAM
123
Groupama Asset Management
France
$655K
TGM
124
Tenzing Global Management
California
$653K
PHK
125
Point72 Hong Kong
Hong Kong
$582K