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
Zurich Cantonal Bank
126
Zurich Cantonal Bank
Switzerland
$926K +$123K +6,731 +17%
ACP
127
Aviance Capital Partners
Florida
$922K +$1.49K +81 +0.2%
IQI
128
Integrated Quantitative Investments
Washington
$919K -$320K -17,473 -27%
LCM
129
Legato Capital Management
California
$873K +$71.5K +3,900 +10%
SG
130
Straightline Group
Michigan
$867K +$16.9K +920 +2%
CIP
131
Convergence Investment Partners
Florida
$866K +$801K +43,675 New
Polen Capital Management
132
Polen Capital Management
Florida
$854K +$582K +31,727 +279%
HSA
133
Hussman Strategic Advisors
Maryland
$832K -$1.16M -63,000 -60%
PMAM
134
Picton Mahoney Asset Management
Ontario, Canada
$821K -$869K -47,361 -53%
JF
135
Jump Financial
Illinois
$801K +$29.8K +1,627 +4%
SGAM
136
Smith Group Asset Management
Texas
$772K +$17.3K +943 +2%
Los Angeles Capital Management
137
Los Angeles Capital Management
California
$763K -$1.65M -90,180 -66%
State Board of Administration of Florida Retirement System
138
State Board of Administration of Florida Retirement System
Florida
$755K
AssetMark Inc
139
AssetMark Inc
California
$749K -$39.8K -2,169 -5%
AB
140
Amalgamated Bank
New York
$748K +$619K +33,755 +847%
ASC
141
Ares Systematic Credit
$742K +$686K +37,428 New
Mercer Global Advisors
142
Mercer Global Advisors
Colorado
$728K +$95.5K +5,205 +16%
HCA
143
Harbor Capital Advisors
Illinois
$698K +$137K +7,444 +27%
BHCM
144
Brevan Howard Capital Management
Jersey
$696K +$644K +35,098 New
ASRS
145
Arizona State Retirement System
Arizona
$693K -$37.1K -2,024 -5%
YCM
146
Yousif Capital Management
Michigan
$689K +$648K +35,337 New
Walleye Trading
147
Walleye Trading
New York
$686K +$635K +34,634 New
PFSRSONJ
148
Police & Firemen's Retirement System of New Jersey
New Jersey
$675K -$8.33K -454 -1%
Allspring Global Investments
149
Allspring Global Investments
North Carolina
$671K +$621K +33,843 New
Lazard Asset Management
150
Lazard Asset Management
New York
$671K -$212K -11,546 -25%