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218 hedge funds and large institutions have $1.02B invested in Upwork in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 83 increasing their positions, 67 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more call options, than puts

Call options by funds: $22M | Put options by funds: $9.82M

24% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 67

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

3.96% less ownership

Funds ownership: 78.25%74.29% (-4%)

4% less funds holding

Funds holding: 228218 (-10)

13% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 38

27% less capital invested

Capital invested by funds: $1.39B → $1.02B (-$371M)

Holders
218
Holders Change
-10
Holders Change %
-4.39%
% of All Funds
3.5%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
33
Increased
83
Reduced
67
Closed
38
Calls
$22M
Puts
$9.82M
Net Calls
+$12.1M
Net Calls Change
+$11.7M
Name Holding Trade Value Shares
Change
Change in
Stake
CC
151
Corton Capital
Ontario, Canada
$131K +$155K +12,544 New
Susquehanna International Group
152
Susquehanna International Group
Pennsylvania
$130K -$773K -62,673 -83%
QT
153
Quantbot Technologies
New York
$126K -$372K -30,136 -71%
KI
154
Kula Investments
Illinois
$125K +$148K +11,956 New
Simplex Trading
155
Simplex Trading
Illinois
$123K +$146K +11,858 New
DU
156
Delphia (USA)
Ontario, Canada
$120K +$142K +11,525 New
AIP
157
Ameritas Investment Partners
Nebraska
$118K
PCM
158
Prelude Capital Management
New York
$115K +$136K +11,050 New
PAMS
159
Pictet Asset Management (Switzerland)
Switzerland
$113K +$133K +10,810 New
GW
160
GW & Wade
Massachusetts
$112K
SWM
161
SeaCrest Wealth Management
New York
$108K -$11.1K -900 -8%
Walleye Trading
162
Walleye Trading
New York
$107K +$105K +8,522 +487%
JFG
163
Jefferies Financial Group
New York
$104K +$123K +10,000 New
ELI
164
Empire Life Investments
Ontario, Canada
$93K -$259 -21 -0.2%
MLICM
165
Metropolitan Life Insurance Company (MetLife)
New York
$78.5K +$4.21K +341 +5%
TRCT
166
Tower Research Capital (TRC)
New York
$66K -$113K -9,167 -59%
PMEF
167
Point72 Middle East FZE
United Arab Emirates
$65.4K +$77.3K +6,263 New
BFEC
168
Benjamin F. Edwards & Company
Missouri
$58K -$6.3K -511 -8%
Rockefeller Capital Management
169
Rockefeller Capital Management
New York
$58K -$160 -13 -0.2%
Osaic Holdings
170
Osaic Holdings
Arizona
$56K -$15K -1,217 -18%
CG
171
Cutler Group
California
$55K +$51.6K +4,180 +361%
Daiwa Securities Group
172
Daiwa Securities Group
Japan
$49K -$1.93K -156 -3%
Balyasny Asset Management
173
Balyasny Asset Management
Illinois
$42.7K -$3.25M -263,255 -98%
LSA
174
Leonteq Securities AG
Switzerland
$42K +$2.81K +228 +6%
SAM
175
Shell Asset Management
Netherlands
$40K -$3.49K -283 -7%

UPWK Hedge Fund Activity: Q4 2022 in Review

218 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q4 2022, worth a combined $1.02B — down 27% from $1.39B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of UPWK and 33 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 83 added.

The largest buyer was Capital International Investors, adding an estimated $66.1M. The largest seller was Jackson Square Partners, exiting entirely with an estimated $96.4M sold.

  • 218 institutional investors held Upwork (UPWK) as of Q4 2022, down from 228 in Q3 2022.
  • Funds reported $1.02B of Upwork stock for Q4 2022, down 27% quarter-over-quarter.
  • 33 funds opened new Upwork positions in Q4 2022 and 38 closed out, a net change of -5 holders.
  • The largest Upwork buyer in Q4 2022 was Capital International Investors, an estimated $66.1M added.
  • The largest Upwork seller in Q4 2022 was Jackson Square Partners, an estimated $96.4M sold.

Based on aggregated 13F filings for Q4 2022.