We are live on ! Find out more

305 hedge funds and large institutions have $2.68B invested in Upwork in 2025 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 117 increasing their positions, 86 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 38

36% more repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 86

18% more capital invested

Capital invested by funds: $2.27B → $2.68B (+$404M)

11.07% more ownership

Funds ownership: 92.32%103.39% (+11%)

11% more funds holding

Funds holding: 276305 (+29)

0% less call options, than puts

Call options by funds: $40.9M | Put options by funds: $40.9M

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
305
Holders Change
+29
Holders Change %
+10.51%
% of All Funds
3.71%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
77
Increased
117
Reduced
86
Closed
38
Calls
$40.9M
Puts
$40.9M
Net Calls
-$15K
Net Calls Change
-$15.2M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Teachers Retirement System (NYSTRS)
101
New York State Teachers Retirement System (NYSTRS)
New York
$1.45M +$1.14M +61,976 +548%
US Bancorp
102
US Bancorp
Minnesota
$1.41M +$1.23M +67,290 +1,695%
MIM
103
MetLife Investment Management
New Jersey
$1.39M -$60K -3,269 -4%
Stifel Financial
104
Stifel Financial
Missouri
$1.38M -$178K -9,725 -12%
IMRF
105
Illinois Municipal Retirement Fund
Illinois
$1.37M +$1.27M +69,327 New
EMPI
106
Elo Mutual Pension Insurance
Finland
$1.34M -$158K -8,637 -11%
BNP Paribas Financial Markets
107
BNP Paribas Financial Markets
France
$1.34M -$164K -8,935 -12%
Teacher Retirement System of Texas
108
Teacher Retirement System of Texas
Texas
$1.23M -$130K -7,107 -10%
II
109
Inspire Investing
Idaho
$1.22M +$137K +7,461 +14%
LSERS
110
Louisiana State Employees Retirement System
Louisiana
$1.19M +$1.1M +59,900 New
Grantham, Mayo, Van Otterloo & Co (GMO)
111
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.19M +$155K +8,454 +16%
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.15M -$64K -3,489 -6%
IIM
113
INTECH Investment Management
Florida
$1.14M +$153K +8,330 +17%
State of Tennessee, Department of Treasury
114
State of Tennessee, Department of Treasury
Tennessee
$1.13M +$1.04M +56,587 New
Mirae Asset Global ETFs Holdings
115
Mirae Asset Global ETFs Holdings
Hong Kong
$1.13M +$3.85K +210 +0.4%
FPA
116
First Pacific Advisors
California
$1.13M -$877K -47,800 -46%
B
117
Bailard
California
$1.11M -$620K -33,800 -38%
Parallax Volatility Advisers
118
Parallax Volatility Advisers
California
$1.03M +$12K +652 +1%
Creative Planning
119
Creative Planning
Kansas
$1.02M +$287K +15,664 +43%
A
120
AlphaQuest
New York
$1.02M +$24.8K +1,354 +3%
IC
121
IEQ Capital
California
$1.01M +$932K +50,797 New
Millennium Management
122
Millennium Management
New York
$1M -$9.58M -522,365 -91%
Amundi
123
Amundi
France
$987K +$35.2K +1,922 +4%
Marshall Wace
124
Marshall Wace
United Kingdom
$952K -$2.66M -144,781 -75%
PEAK6
125
PEAK6
Illinois
$945K +$244K +13,281 +39%