Upwork
UPWK
233 hedge funds and large institutions have $2.84B invested in Upwork in 2020 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 71 increasing their positions, 63 reducing their positions, and 23 closing their positions.
239% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 23
168% more call options, than puts
Call options by funds: $98.7M | Put options by funds: $36.8M
112% more capital invested
Capital invested by funds: $1.34B → $2.84B (+$1.51B)
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
29% more funds holding
Funds holding: 181 → 233 (+52)
13% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 63
3.61% more ownership
Funds ownership: 63.82% → 67.43% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.2M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
+$82.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.9M |
| 5 |
SIM
SRS Investment Management
New York
|
+$31.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$68.2M |
| 2 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
-$59M |
| 3 |
AA
Ancient Art
Austin,
Texas
|
-$52.3M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$49.4M |
| 5 |
WM
Wishbone Management
Chicago,
Illinois
|
-$27.9M |
UPWK Hedge Fund Activity: Q4 2020 in Review
233 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q4 2020, worth a combined $2.84B — up 112% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new UPWK positions and 23 closed out — a net gain of 55 holders — while 71 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $97.2M. The largest seller was Capital International Investors, cutting an estimated $68.2M.
- 233 institutional investors held Upwork (UPWK) as of Q4 2020, up from 181 in Q3 2020.
- Funds reported $2.84B of Upwork stock for Q4 2020, up 112% quarter-over-quarter.
- 78 funds opened new Upwork positions in Q4 2020 and 23 closed out, a net change of +55 holders.
- The largest Upwork buyer in Q4 2020 was Fidelity Investments, an estimated $97.2M added.
- The largest Upwork seller in Q4 2020 was Capital International Investors, an estimated $68.2M sold.
Based on aggregated 13F filings for Q4 2020.