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253 hedge funds and large institutions have $1.8B invested in Upwork in 2024 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 81 increasing their positions, 78 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 28

80% more funds holding in top 10

Funds holding in top 10: 59 (+4)

65% more capital invested

Capital invested by funds: $1.09B → $1.8B (+$711M)

28% more call options, than puts

Call options by funds: $47.6M | Put options by funds: $37.1M

15% more funds holding

Funds holding: 220253 (+33)

3.43% more ownership

Funds ownership: 78.88%82.32% (+3.4%)

4% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 78

Holders
253
Holders Change
+33
Holders Change %
+15%
% of All Funds
3.33%
Holding in Top 10
9
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+80%
% of All Funds
0.12%
New
65
Increased
81
Reduced
78
Closed
28
Calls
$47.6M
Puts
$37.1M
Net Calls
+$10.5M
Net Calls Change
+$7.56M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Pension Plan Investment Board
201
Canada Pension Plan Investment Board
Ontario, Canada
$62.1K -$38.9K -2,700 -42%
Osaic Holdings
202
Osaic Holdings
Arizona
$57.3K -$37.6K -2,610 -43%
Federated Hermes
203
Federated Hermes
Pennsylvania
$53.8K -$27.1K -1,882 -36%
PNC Financial Services Group
204
PNC Financial Services Group
Pennsylvania
$34.9K +$374 +26 +1%
Nisa Investment Advisors
205
Nisa Investment Advisors
Missouri
$34.5K +$547 +38 +2%
FDCDDQ
206
Federation des caisses Desjardins du Quebec
Quebec, Canada
$33.6K
NA
207
NewEdge Advisors
Louisiana
$32K -$360 -25 -1%
TRCT
208
Tower Research Capital (TRC)
New York
$30.9K -$72.8K -5,056 -73%
PA
209
Parallel Advisors
California
$27.4K +$893 +62 +4%
PHK
210
Point72 Hong Kong
Hong Kong
$26.4K -$209K -14,499 -90%
Citadel Advisors
211
Citadel Advisors
Florida
$26.2K -$4.59M -318,821 -99%
QCG
212
Quadrant Capital Group
Ohio
$24.6K +$2.95K +205 +16%
LSA
213
Leonteq Securities AG
Switzerland
$24.2K -$45K -3,125 -68%
CAS
214
Coppell Advisory Solutions
Texas
$23.4K +$20.3K +1,411 New
Jones Financial Companies
215
Jones Financial Companies
Missouri
$21.3K -$19.1K -1,326 -50%
BIA
216
Bell Investment Advisors
California
$20.5K +$418 +29 +2%
S
217
SignatureFD
Georgia
$19.3K +$6.08K +422 +56%
CIAM
218
Caitong International Asset Management
Hong Kong
$17.9K +$15.8K +1,095 New
NC
219
NewSquare Capital
Pennsylvania
$11.5K
VCM
220
Versant Capital Management
Arizona
$11.4K +$9.2K +639 +1,048%
FFA
221
Farther Finance Advisors
California
$8.49K
AFG
222
Albion Financial Group
Utah
$8.18K +$7.2K +500 New
Comerica Bank
223
Comerica Bank
Texas
$6.87K +$1.41K +98 +30%
MCM
224
MAI Capital Management
Ohio
$5.51K +$4.85K +337 New
CFGS
225
Concourse Financial Group Securities
Alabama
$5.14K -$2.68K -186 -37%

UPWK Hedge Fund Activity: Q4 2024 in Review

253 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q4 2024, worth a combined $1.8B — up 65% from $1.09B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new UPWK positions and 28 closed out — a net gain of 37 holders — while 81 added to existing stakes and 78 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $76.2M. The largest seller was Engine Capital Management, cutting an estimated $67.8M.

  • 253 institutional investors held Upwork (UPWK) as of Q4 2024, up from 220 in Q3 2024.
  • Funds reported $1.8B of Upwork stock for Q4 2024, up 65% quarter-over-quarter.
  • 65 funds opened new Upwork positions in Q4 2024 and 28 closed out, a net change of +37 holders.
  • The largest Upwork buyer in Q4 2024 was T. Rowe Price Associates, an estimated $76.2M added.
  • The largest Upwork seller in Q4 2024 was Engine Capital Management, an estimated $67.8M sold.

Based on aggregated 13F filings for Q4 2024.