300 hedge funds and large institutions have $2.67B invested in Upwork in 2025 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 115 increasing their positions, 85 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more capital invested

Capital invested by funds: $ → $

more ownership

Funds ownership:

9% more funds holding

Funds holding: 274300 (+26)

6% less call options, than puts

Call options by funds: $37.7M | Put options by funds: $39.9M

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
300
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$37.7M
Puts
$39.9M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Comerica Bank
151
Comerica Bank
Texas
$643K
BCI
152
Brinker Capital Investments
Pennsylvania
$641K
COPPSERS
153
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$641K
Handelsbanken Fonder
154
Handelsbanken Fonder
Sweden
$638K
IMC Chicago
155
IMC Chicago
Illinois
$637K
Commonwealth Equity Services
156
Commonwealth Equity Services
Massachusetts
$623K
Citadel Advisors
157
Citadel Advisors
Florida
$617K
SFG
158
Synergy Financial Group
California
$608K
OPERF
159
Oregon Public Employees Retirement Fund
Oregon
$593K
AC
160
AlphaCore Capital
California
$586K
D.E. Shaw & Co
161
D.E. Shaw & Co
New York
$563K
AWP
162
Abacus Wealth Partners
California
$542K
VI
163
Versor Investments
New York
$541K
AA
164
ALPS Advisors
Colorado
$541K
KK
165
KLP Kapitalforvaltning
Norway
$535K
Focus Partners Wealth
166
Focus Partners Wealth
Massachusetts
$516K
CMF
167
Counterpoint Mutual Funds
California
$507K
MFS
168
Mirabella Financial Services
United Kingdom
$503K
OQS
169
Occudo Quantitative Strategies
Florida
$478K
ProShare Advisors
170
ProShare Advisors
Maryland
$476K
OBWP
171
O'Brien Wealth Partners
Massachusetts
$467K
Raymond James Financial
172
Raymond James Financial
Florida
$449K
Capstone Investment Advisors
173
Capstone Investment Advisors
New York
$440K
SCM
174
Sterling Capital Management
North Carolina
$440K
YMRC
175
Yorktown Management & Research Company
Virginia
$434K