291 hedge funds and large institutions have $1.48B invested in Upwork in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 115 increasing their positions, 90 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less funds holding

Funds holding:

less first-time investments, than exits

New positions opened: | Existing positions closed:

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

33% less call options, than puts

Call options by funds: $15.9M | Put options by funds: $23.9M

45% less capital invested

Capital invested by funds: $2.68B → $1.48B (-$1.19B)

Holders
291
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$15.9M
Puts
$23.9M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Corient Private Wealth
176
Corient Private Wealth
Florida
$263K
BIG
177
Brooklyn Investment Group
New York
$255K
Focus Partners Wealth
178
Focus Partners Wealth
Massachusetts
$254K
Canada Pension Plan Investment Board
179
Canada Pension Plan Investment Board
Ontario, Canada
$244K
SLAM
180
Swiss Life Asset Management
$244K
AC
181
AXQ Capital
New Jersey
$243K
TSS
182
Two Sigma Securities
New York
$234K
Pictet Asset Management
183
Pictet Asset Management
Switzerland
$226K
BCI
184
Brinker Capital Investments
Pennsylvania
$225K
ProShare Advisors
185
ProShare Advisors
Maryland
$211K
MSRPS
186
Maryland State Retirement & Pension System
Maryland
$209K
CIP
187
Cornerstone Investment Partners
Georgia
$206K
EPW
188
Evolve Private Wealth
California
$204K
Cetera Investment Advisers
189
Cetera Investment Advisers
Illinois
$203K
VF
190
Virtu Financial
New York
$202K
HT
191
Headlands Technologies
Illinois
$200K
DTL
192
Dynamic Technology Lab
Singapore
$191K
BWP
193
Balboa Wealth Partners
Arizona
$183K
Balyasny Asset Management
194
Balyasny Asset Management
Illinois
$183K
Truist Financial
195
Truist Financial
North Carolina
$178K
CIAM
196
Caitong International Asset Management
Hong Kong
$171K
William Blair & Company
197
William Blair & Company
Illinois
$165K
HighTower Advisors
198
HighTower Advisors
Illinois
$164K
MOACM
199
Mutual of America Capital Management
New York
$164K
Russell Investments Group
200
Russell Investments Group
United Kingdom
$159K