274 hedge funds and large institutions have $2.27B invested in Upwork in 2025 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 94 increasing their positions, 96 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

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

more capital invested

Capital invested by funds: $ → $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

3% more funds holding

Funds holding: 266274 (+8)

2.98% more ownership

Funds ownership: 89.34%92.32% (+3%)

2% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 96

Holders
274
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$41.8M
Puts
$26.6M
Net Calls
Net Calls Change

Top Buyers

1 +$30.7M
2 +$26.8M
3 +$19.9M
4
Allianz Asset Management
Allianz Asset Management
Germany
+$13.4M
5
Goldman Sachs
Goldman Sachs
New York
+$13M

Top Sellers

1 -$26.2M
2 -$23.8M
3 -$19.7M
4
Renaissance Technologies
Renaissance Technologies
New York
-$14.6M
5
Verition Fund Management
Verition Fund Management
Connecticut
-$13.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
126
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.14M
Simplex Trading
127
Simplex Trading
Illinois
$1.12M
Janus Henderson Group
128
Janus Henderson Group
United Kingdom
$1.1M
LCM
129
Landscape Capital Management
New Jersey
$1.09M
Osaic Holdings
130
Osaic Holdings
Arizona
$1.07M
Mirae Asset Global ETFs Holdings
131
Mirae Asset Global ETFs Holdings
Hong Kong
$1.06M
BC
132
Bridgefront Capital
Texas
$1.01M
II
133
Inspire Investing
Idaho
$1.01M
Grantham, Mayo, Van Otterloo & Co (GMO)
134
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$954K
Parallax Volatility Advisers
135
Parallax Volatility Advisers
California
$952K
A
136
AlphaQuest
New York
$935K
IIM
137
INTECH Investment Management
Florida
$915K
TRSOTSOK
138
Teachers Retirement System of the State of Kentucky
Kentucky
$880K
Canada Life
139
Canada Life
Manitoba, Canada
$868K
ACP
140
Aviance Capital Partners
Florida
$862K
Corient Private Wealth
141
Corient Private Wealth
Florida
$859K
Lazard Asset Management
142
Lazard Asset Management
New York
$843K
Amundi
143
Amundi
France
$833K
LCM
144
Legato Capital Management
California
$746K
Zurich Cantonal Bank
145
Zurich Cantonal Bank
Switzerland
$742K
AssetMark Inc
146
AssetMark Inc
California
$742K
JF
147
Jump Financial
Illinois
$720K
State Board of Administration of Florida Retirement System
148
State Board of Administration of Florida Retirement System
Florida
$708K
SGAM
149
Smith Group Asset Management
Texas
$706K
QT
150
Quantbot Technologies
New York
$703K