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305 hedge funds and large institutions have $2.68B invested in Upwork in 2025 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 117 increasing their positions, 86 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 38

36% more repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 86

18% more capital invested

Capital invested by funds: $2.27B → $2.68B (+$404M)

11.07% more ownership

Funds ownership: 92.32%103.39% (+11%)

11% more funds holding

Funds holding: 276305 (+29)

0% less call options, than puts

Call options by funds: $40.9M | Put options by funds: $40.9M

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
305
Holders Change
+29
Holders Change %
+10.51%
% of All Funds
3.71%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
77
Increased
117
Reduced
86
Closed
38
Calls
$40.9M
Puts
$40.9M
Net Calls
-$15K
Net Calls Change
-$15.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
176
Sterling Capital Management
North Carolina
$440K +$9.08K +495 +2%
YMRC
177
Yorktown Management & Research Company
Virginia
$434K
Pictet Asset Management
178
Pictet Asset Management
Switzerland
$409K +$51.3K +2,798 +16%
Carson Wealth (CWM LLC)
179
Carson Wealth (CWM LLC)
Nebraska
$405K +$235K +12,804 +168%
QCM
180
Quantinno Capital Management
New York
$405K +$98.1K +5,349 +35%
Mariner
181
Mariner
Kansas
$397K +$166K +9,055 +82%
NC
182
nVerses Capital
Florida
$381K +$352K +19,205 New
Simplex Trading
183
Simplex Trading
Illinois
$380K -$752K -41,005 -68%
MSRPS
184
Maryland State Retirement & Pension System
Maryland
$378K +$349K +19,057 New
LCM
185
Landscape Capital Management
New Jersey
$369K -$734K -40,032 -68%
EPW
186
Evolve Private Wealth
California
$363K +$336K +18,316 New
SRL
187
Scientech Research LLC
New Jersey
$341K +$316K +17,204 New
EP
188
Edgestream Partners
New Jersey
$331K -$1.41M -76,661 -82%
Cetera Investment Advisers
189
Cetera Investment Advisers
Illinois
$331K -$1.91K -104 -0.6%
MML Investors Services
190
MML Investors Services
Massachusetts
$310K +$287K +15,624 New
CM
191
Capula Management
Cayman Islands
$301K +$172K +9,356 +160%
MOACM
192
Mutual of America Capital Management
New York
$296K +$274K +14,933 New
Wealth Enhancement Advisory Services
193
Wealth Enhancement Advisory Services
Minnesota
$296K +$268K +14,597 New
SLAM
194
Swiss Life Asset Management
$292K +$270K +14,732 New
Russell Investments Group
195
Russell Investments Group
United Kingdom
$291K -$17.7K -965 -6%
CIP
196
Cornerstone Investment Partners
Georgia
$287K +$165 +9 +0.1%
MWM
197
Mindset Wealth Management
Indiana
$276K +$56.7K +3,092 +29%
MP
198
Mangrove Partners
Connecticut
$275K +$254K +13,859 New
N
199
Numerai
California
$273K +$252K +13,762 New
Public Employees Retirement Association of Colorado
200
Public Employees Retirement Association of Colorado
Colorado
$265K