Upwork
UPWK
269 hedge funds and large institutions have $3.27B invested in Upwork in 2021 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 85 increasing their positions, 90 reducing their positions, and 62 closing their positions.
1.6% more ownership
Funds ownership: 73.05% → 74.65% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
6% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 90
6% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 62
3% less funds holding
Funds holding: 278 → 269 (-9)
21% less call options, than puts
Call options by funds: $39.4M | Put options by funds: $49.6M
22% less capital invested
Capital invested by funds: $4.2B → $3.27B (-$930M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$269M |
| 2 |
Morgan Stanley
New York
|
+$63.1M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$48.6M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$48.6M |
| 5 |
Janus Henderson Group
London,
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$118M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
-$101M |
| 3 |
SIM
SRS Investment Management
New York
|
-$75.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$69.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$48.7M |
UPWK Hedge Fund Activity: Q4 2021 in Review
269 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Upwork (UPWK) for Q4 2021, worth a combined $3.27B — down 22% from $4.2B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of UPWK and 58 opened new positions — a net loss of 4 holders — while 90 trimmed existing stakes and 85 added.
The largest buyer was Jackson Square Partners, opening a new position worth an estimated $269M. The largest seller was T. Rowe Price Associates, cutting an estimated $118M.
- 269 institutional investors held Upwork (UPWK) as of Q4 2021, down from 278 in Q3 2021.
- Funds reported $3.27B of Upwork stock for Q4 2021, down 22% quarter-over-quarter.
- 58 funds opened new Upwork positions in Q4 2021 and 62 closed out, a net change of -4 holders.
- The largest Upwork buyer in Q4 2021 was Jackson Square Partners, an estimated $269M added.
- The largest Upwork seller in Q4 2021 was T. Rowe Price Associates, an estimated $118M sold.
Based on aggregated 13F filings for Q4 2021.