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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
MIFH
176
Migdal Insurance & Financial Holdings
Israel
$28K -$99 -8 -0.3%
C
177
Covestor
United Kingdom
$22K +$26K +2,107 +19,155%
National Bank of Canada
178
National Bank of Canada
Quebec, Canada
$19K
QL
179
Quarry LP
New York
$18.9K +$22.3K +1,811 New
HIA
180
Harbor Investment Advisory
Maryland
$13.8K
BIA
181
Bell Investment Advisors
California
$13.6K +$2.08K +169 +15%
HNB
182
Huntington National Bank
Ohio
$10.4K +$6.17K +500 +100%
FDCDDQ
183
Federation des caisses Desjardins du Quebec
Quebec, Canada
$8.01K
HT
184
Headlands Technologies
Illinois
$8K +$10K +813 New
LC
185
Lindbrook Capital
California
$7.18K -$6.39K -518 -43%
ZIG
186
Zullo Investment Group
Pennsylvania
$6.26K
ASN
187
Advisory Services Network
Georgia
$6.11K +$7.22K +585 New
S
188
SignatureFD
Georgia
$6.01K -$1.97K -160 -22%
BCV
189
Banque Cantonale Vaudoise
Switzerland
$6K
ME
190
McIlrath & Eck
Washington
$4.61K
PNC Financial Services Group
191
PNC Financial Services Group
Pennsylvania
$4.45K +$2.86K +232 +120%
TWA
192
TCI Wealth Advisors
Arizona
$4.45K +$5.26K +426 New
CWM
193
Compass Wealth Management
Connecticut
$4.18K +$4.93K +400 New
EI
194
Ellevest Inc
New York
$4.09K +$3.12K +253 +182%
Russell Investments Group
195
Russell Investments Group
United Kingdom
$4.02K
Nisa Investment Advisors
196
Nisa Investment Advisors
Missouri
$4K -$37K -2,996 -88%
IA
197
IFP Advisors
Florida
$4K -$308 -25 -13%
CA
198
Clearstead Advisors
Ohio
$3.65K
PA
199
Parallel Advisors
California
$3.53K +$592 +48 +17%
MHR
200
Matthew Hamilton Rosenberg
$3.34K

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.