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269 hedge funds and large institutions have $5.07B invested in Upwork in 2021 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 104 increasing their positions, 83 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more call options, than puts

Call options by funds: $96.4M | Put options by funds: $66.6M

35% more capital invested

Capital invested by funds: $3.76B → $5.07B (+$1.3B)

25% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 83

1.61% more ownership

Funds ownership: 67.43%69.04% (+1.6%)

2% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 43

0% more funds holding

Funds holding: 269269 (0)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

Holders
269
Holders Change
Holders Change %
0%
% of All Funds
4.68%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
44
Increased
104
Reduced
83
Closed
43
Calls
$96.4M
Puts
$66.6M
Net Calls
+$29.8M
Net Calls Change
-$34.2M
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
176
HighTower Advisors
Illinois
$635K +$516K +10,983 New
SCA
177
Spearhead Capital Advisors
Florida
$576K +$48.7K +1,037 +12%
Prudential Financial
178
Prudential Financial
New Jersey
$558K +$74.7K +1,590 +20%
OC
179
Oppenheimer & Co
New York
$548K -$4.7K -100 -1%
BFM
180
Boothbay Fund Management
New York
$544K +$174K +3,700 +66%
AIP
181
Ameritas Investment Partners
Nebraska
$533K +$75.2K +1,600 +21%
IA
182
IndexIQ Advisors
New York
$527K -$20.1K -427 -5%
HSBC Holdings
183
HSBC Holdings
United Kingdom
$521K -$341K -7,261 -45%
BFEC
184
Benjamin F. Edwards & Company
Missouri
$518K
FAIM
185
Financial Advocates Investment Management
Washington
$517K -$25.9K -550 -6%
RCAG
186
Rehmann Capital Advisory Group
Michigan
$452K +$364K +7,754 New
William Blair & Company
187
William Blair & Company
Illinois
$448K +$361K +7,688 New
X
188
Xponance
Pennsylvania
$416K +$335K +7,134 New
WJWM
189
Williams Jones Wealth Management
New York
$415K -$226K -4,799 -40%
PAMU
190
Pictet Asset Management (UK)
United Kingdom
$414K +$80.3K +1,709 +32%
TC
191
TownSquare Capital
Utah
$409K
KFA
192
Kelleher Financial Advisors
New York
$405K
RJT
193
Raymond James Trust
Florida
$391K +$315K +6,700 New
RJFSA
194
Raymond James Financial Services Advisors
Florida
$383K -$7.57K -161 -2%
TSS
195
Two Sigma Securities
New York
$372K +$300K +6,378 New
Canada Life
196
Canada Life
Manitoba, Canada
$370K +$56.8K +1,208 +24%
Sumitomo Mitsui Trust Group
197
Sumitomo Mitsui Trust Group
Japan
$367K +$71.4K +1,520 +32%
EIM
198
Essex Investment Management
Massachusetts
$363K +$292K +6,220 New
CM
199
Capula Management
Cayman Islands
$362K +$292K +6,206 New
BNP Paribas Financial Markets
200
BNP Paribas Financial Markets
France
$356K -$382K -8,131 -57%

UPWK Hedge Fund Activity: Q2 2021 in Review

269 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q2 2021, worth a combined $5.07B — up 35% from $3.76B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new UPWK positions and 43 closed out — a net gain of 1 holder — while 104 added to existing stakes and 83 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $114M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $83.8M sold.

  • 269 institutional investors held Upwork (UPWK) as of Q2 2021, unchanged from Q1 2021.
  • Funds reported $5.07B of Upwork stock for Q2 2021, up 35% quarter-over-quarter.
  • 44 funds opened new Upwork positions in Q2 2021 and 43 closed out, a net change of +1 holder.
  • The largest Upwork buyer in Q2 2021 was T. Rowe Price Associates, an estimated $114M added.
  • The largest Upwork seller in Q2 2021 was Hawk Ridge Capital Management, an estimated $83.8M sold.

Based on aggregated 13F filings for Q2 2021.