266 hedge funds and large institutions have $1.58B invested in Upwork in 2025 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 105 increasing their positions, 83 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

more capital invested

Capital invested by funds: $ → $

more funds holding in top 10

Funds holding in top 10:

3% less funds holding

Funds holding: 275266 (-9)

12% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 52

31% less call options, than puts

Call options by funds: $12.8M | Put options by funds: $18.5M

Holders
266
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$12.8M
Puts
$18.5M
Net Calls
Net Calls Change

Top Buyers

1 +$23.3M
2 +$17M
3 +$16.6M
4
Millennium Management
Millennium Management
New York
+$15.9M
5
Jane Street
Jane Street
New York
+$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
176
$287K
177
$241K
178
$240K
179
$233K
180
$227K
181
$220K
182
$215K
183
$213K
184
$211K
185
$209K
186
$206K
187
$203K
188
$196K
189
$193K
190
$188K
191
$179K
192
$177K
193
$177K
194
$174K
195
$172K
196
$166K
197
$156K
198
$155K
199
$152K
200
$149K