266 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, 105 increasing their positions, 83 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

more capital invested

Capital invested by funds: $ → $

more funds holding in top 10

Funds holding in top 10:

3% less funds holding

Funds holding: 275266 (-9)

12% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 52

31% less call options, than puts

Call options by funds: $12.8M | Put options by funds: $18.5M

Holders
266
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
$12.8M
Puts
$18.5M
Net Calls
Net Calls Change

Top Buyers

1 +$23.3M
2 +$17M
3 +$16.6M
4
Millennium Management
Millennium Management
New York
+$15.9M
5
Jane Street
Jane Street
New York
+$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
126
$792K
127
$769K
128
$738K
129
$717K
130
$712K
131
$663K
132
$661K
133
$655K
134
$619K
135
$619K
136
$614K
137
$607K
138
$591K
139
$564K
140
$544K
141
$540K
142
$538K
143
$533K
144
$521K
145
$512K
146
$505K
147
$499K
148
$496K
149
$481K
150
$459K