302 hedge funds and large institutions have $2.68B invested in Upwork in 2025 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 116 increasing their positions, 86 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more capital invested

Capital invested by funds: $ → $

more ownership

Funds ownership:

10% more funds holding

Funds holding: 274302 (+28)

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
302
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$40.9M
Puts
$40.9M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
YMRC
176
Yorktown Management & Research Company
Virginia
$434K
Pictet Asset Management
177
Pictet Asset Management
Switzerland
$409K
Carson Wealth (CWM LLC)
178
Carson Wealth (CWM LLC)
Nebraska
$405K
QCM
179
Quantinno Capital Management
New York
$405K
Mariner
180
Mariner
Kansas
$397K
NC
181
nVerses Capital
Florida
$381K
Simplex Trading
182
Simplex Trading
Illinois
$380K
MSRPS
183
Maryland State Retirement & Pension System
Maryland
$378K
LCM
184
Landscape Capital Management
New Jersey
$369K
EPW
185
Evolve Private Wealth
California
$363K
SRL
186
Scientech Research LLC
New Jersey
$341K
EP
187
Edgestream Partners
New Jersey
$331K
Cetera Investment Advisers
188
Cetera Investment Advisers
Illinois
$331K
MML Investors Services
189
MML Investors Services
Massachusetts
$310K
CM
190
Capula Management
Cayman Islands
$301K
MOACM
191
Mutual of America Capital Management
New York
$296K
Wealth Enhancement Advisory Services
192
Wealth Enhancement Advisory Services
Minnesota
$296K
SLAM
193
Swiss Life Asset Management
$292K
Russell Investments Group
194
Russell Investments Group
United Kingdom
$291K
CIP
195
Cornerstone Investment Partners
Georgia
$287K
MWM
196
Mindset Wealth Management
Indiana
$276K
MP
197
Mangrove Partners
Connecticut
$275K
N
198
Numerai
California
$273K
Public Employees Retirement Association of Colorado
199
Public Employees Retirement Association of Colorado
Colorado
$265K
Susquehanna International Group
200
Susquehanna International Group
Pennsylvania
$262K