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
Allspring Global Investments
151
Allspring Global Investments
North Carolina
$421K
State Board of Administration of Florida Retirement System
152
State Board of Administration of Florida Retirement System
Florida
$418K
AB
153
Amalgamated Bank
New York
$410K
Parallax Volatility Advisers
154
Parallax Volatility Advisers
California
$384K
YCM
155
Yousif Capital Management
Michigan
$383K
QT
156
Quantbot Technologies
New York
$380K
SG Americas Securities
157
SG Americas Securities
New York
$378K
ASRS
158
Arizona State Retirement System
Arizona
$374K
PFSRSONJ
159
Police & Firemen's Retirement System of New Jersey
New Jersey
$373K
Raymond James Financial
160
Raymond James Financial
Florida
$367K
Mercer Global Advisors
161
Mercer Global Advisors
Colorado
$364K
COPPSERS
162
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$354K
Handelsbanken Fonder
163
Handelsbanken Fonder
Sweden
$353K
AssetMark Inc
164
AssetMark Inc
California
$347K
QC
165
Quadrature Capital
United Kingdom
$341K
VIA
166
Vanguard Investments Australia
Australia
$337K
OPERF
167
Oregon Public Employees Retirement Fund
Oregon
$328K
SFG
168
Synergy Financial Group
California
$327K
Capstone Investment Advisors
169
Capstone Investment Advisors
New York
$324K
Fifth Third Bancorp
170
Fifth Third Bancorp
Ohio
$323K
BFM
171
Boothbay Fund Management
New York
$315K
NVCHI
172
New Vernon Capital Holdings II
New Jersey
$304K
Barclays
173
Barclays
United Kingdom
$295K
AWP
174
Abacus Wealth Partners
California
$287K
LSA
175
Leonteq Securities AG
Switzerland
$273K