291 hedge funds and large institutions have $1.48B invested in Upwork in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 115 increasing their positions, 90 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less funds holding

Funds holding:

less first-time investments, than exits

New positions opened: | Existing positions closed:

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

33% less call options, than puts

Call options by funds: $15.9M | Put options by funds: $23.9M

45% less capital invested

Capital invested by funds: $2.68B → $1.48B (-$1.19B)

Holders
291
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$15.9M
Puts
$23.9M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HCA
126
Harbor Capital Advisors
Illinois
$672K
Janus Henderson Group
127
Janus Henderson Group
United Kingdom
$647K
Acadian Asset Management
128
Acadian Asset Management
Massachusetts
$646K
OAM
129
Oxford Asset Management
United Kingdom
$636K
KK
130
KLP Kapitalforvaltning
Norway
$636K
LSERS
131
Louisiana State Employees Retirement System
Louisiana
$635K
LCM
132
Legato Capital Management
California
$634K
Mirae Asset Global ETFs Holdings
133
Mirae Asset Global ETFs Holdings
Hong Kong
$633K
FPA
134
First Pacific Advisors
California
$626K
B
135
Bailard
California
$615K
SGAM
136
Smith Group Asset Management
Texas
$577K
Manulife (Manufacturers Life Insurance)
137
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$567K
VGA
138
Vanguard Global Advisers
Pennsylvania
$567K
MFS
139
Mirabella Financial Services
United Kingdom
$553K
GPGA
140
Grandeur Peak Global Advisors
Utah
$549K
QCM
141
Quantinno Capital Management
New York
$531K
CF
142
CDC Financial
Illinois
$515K
SC
143
SummitTX Capital
Texas
$496K
US Bancorp
144
US Bancorp
Minnesota
$488K
Creative Planning
145
Creative Planning
Kansas
$483K
I
146
InceptionR
California
$481K
SG
147
Straightline Group
Michigan
$466K
Susquehanna International Group
148
Susquehanna International Group
Pennsylvania
$447K
AA
149
ALPS Advisors
Colorado
$445K
Lazard Asset Management
150
Lazard Asset Management
New York
$441K