272 hedge funds and large institutions have $1.53B invested in Upwork in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 77 increasing their positions, 82 reducing their positions, and 46 closing their positions.

Holders
272
Holders Change
+22
Holders Change %
+8.8%
% of All Funds
3.7%
Holding in Top 10
4
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-55.56%
% of All Funds
0.05%
New
73
Increased
77
Reduced
82
Closed
46
Calls
$14.8M
Puts
$22.8M
Net Calls
-$7.95M
Net Calls Change
-$18.5M
Name Market Value Shares Shares
Change
Shares
Change %
Vanguard Group
1
Vanguard Group
Pennsylvania
$198M 15,151,849 -218,570 -1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$197M 15,094,898 -403,790 -3%
BlackRock
3
BlackRock
New York
$130M 9,950,759 -108,408 -1%
LSV Asset Management
4
LSV Asset Management
Illinois
$69.8M 5,351,406 +4,199,244 +364%
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$60.8M 4,660,511 +1,357,476 +41%
Capital International Investors
6
Capital International Investors
California
$50.9M 3,898,392 +992,268 +34%
AA
7
Ancient Art
Texas
$49.4M 3,782,135 -1,138,872 -23%
Morgan Stanley
8
Morgan Stanley
New York
$40.3M 3,091,001 +2,027,818 +191%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$39.4M 3,016,971 +137,828 +5%
State Street
10
State Street
Massachusetts
$38.5M 2,953,485 -95,813 -3%
Renaissance Technologies
11
Renaissance Technologies
New York
$34.6M 2,647,515 +602,400 +29%
Invesco
12
Invesco
Georgia
$34.3M 2,630,379 +882,059 +50%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$32.5M 2,493,637 +542,007 +28%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$30.5M 2,339,169 +8,262 +0.4%
Baillie Gifford & Co
15
Baillie Gifford & Co
United Kingdom
$29.4M 2,250,827 -548,244 -20%
Allianz Asset Management
16
Allianz Asset Management
Germany
$29.2M 2,237,616 +1,491,701 +200%
Two Sigma Investments
17
Two Sigma Investments
New York
$27.7M 2,122,070 -314,610 -13%
NL
18
Nuveen LLC
North Carolina
$22.1M 1,691,857 +1,691,857 New
Goldman Sachs
19
Goldman Sachs
New York
$20.7M 1,589,627 +761,340 +92%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$17.6M 1,352,400 -136,100 -9%
Northern Trust
21
Northern Trust
Illinois
$15.2M 1,164,869 -29,354 -2%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$13.7M 1,050,800 +1,050,800 New
Charles Schwab
23
Charles Schwab
California
$13.6M 1,040,042 -35,904 -3%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$11.1M 853,963 +81,356 +11%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$11M 843,330 +164,993 +24%