264 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, 103 increasing their positions, 83 reducing their positions, and 51 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:

10% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 51

3% less funds holding

Funds holding: 272264 (-8)

31% less call options, than puts

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

Holders
264
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 +$21.8M
2 +$15.9M
3 +$15.6M
4
Millennium Management
Millennium Management
New York
+$14.9M
5
Jane Street
Jane Street
New York
+$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CAU
176
Caxton Associates (UK)
$241K
Pictet Asset Management
177
Pictet Asset Management
Switzerland
$240K
CC
178
Corton Capital
Ontario, Canada
$233K
QCM
179
Quantinno Capital Management
New York
$227K
Cetera Investment Advisers
180
Cetera Investment Advisers
Illinois
$220K
1C
181
111 Capital
France
$215K
Russell Investments Group
182
Russell Investments Group
United Kingdom
$213K
VRS
183
Virginia Retirement Systems
Virginia
$211K
CIP
184
Cornerstone Investment Partners
Georgia
$209K
CWM
185
CIBC World Markets
New York
$206K
CIM
186
Contravisory Investment Management
Massachusetts
$203K
EI
187
Ethic Inc
New York
$196K
GEM
188
Global Endowment Management
North Carolina
$193K
TRCT
189
Tower Research Capital (TRC)
New York
$188K
Public Employees Retirement Association of Colorado
190
Public Employees Retirement Association of Colorado
Colorado
$179K
PEAK6
191
PEAK6
Illinois
$177K
EAM
192
Erste Asset Management
Austria
$177K
AIP
193
Ameritas Investment Partners
Nebraska
$174K
PA
194
PharVision Advisers
Florida
$172K
Fidelity Investments
195
Fidelity Investments
Massachusetts
$166K
TCM
196
Teza Capital Management
Illinois
$156K
AIM
197
Alhambra Investment Management
Florida
$155K
New York State Teachers Retirement System (NYSTRS)
198
New York State Teachers Retirement System (NYSTRS)
New York
$152K
SCA
199
Snowden Capital Advisors
New York
$149K
SWM
200
SeaCrest Wealth Management
New York
$145K