Upwork
UPWK
268 hedge funds and large institutions have $5.08B invested in Upwork in 2021 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 103 increasing their positions, 83 reducing their positions, and 44 closing their positions.
45% more call options, than puts
Call options by funds: $96.4M | Put options by funds: $66.6M
35% more capital invested
Capital invested by funds: $3.77B → $5.08B (+$1.31B)
24% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 83
1.72% more ownership
Funds ownership: 67.35% → 69.06% (+1.7%)
2% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 44
0% more funds holding
Funds holding: 268 → 268 (0)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$114M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$70.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.5M |
| 4 |
FAM
Fred Alger Management
New York
|
+$41.1M |
| 5 |
BlackRock
New York
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$83.8M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$46.5M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$31.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.2M |
| 5 |
Morgan Stanley
New York
|
-$28.5M |
UPWK Hedge Fund Activity: Q2 2021 in Review
268 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q2 2021, worth a combined $5.08B — up 35% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new UPWK positions and 44 closed out — a net gain of 1 holder — while 103 added to existing stakes and 83 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $114M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $83.8M sold.
- 268 institutional investors held Upwork (UPWK) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $5.08B of Upwork stock for Q2 2021, up 35% quarter-over-quarter.
- 45 funds opened new Upwork positions in Q2 2021 and 44 closed out, a net change of +1 holder.
- The largest Upwork buyer in Q2 2021 was T. Rowe Price Associates, an estimated $114M added.
- The largest Upwork seller in Q2 2021 was Hawk Ridge Capital Management, an estimated $83.8M sold.
Based on aggregated 13F filings for Q2 2021.