UpworkUPWK
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 276 institutions reported holding Upwork Inc. (UPWK) in their 13F filings, up 8 from Q2 2025. 47 opened new positions and 37 sold out. The largest holders were Vanguard Group Inc. ($272.4M), T. Rowe Price Associates Inc. ($247.7M) and BlackRock, Inc. ($214.4M). 10 famous investors held it, including Ray Dalio (0.0% of Bridgewater Associates's portfolio), Lee Ainslie (0.0% of Maverick Capital's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Upwork Inc.
- CUSIP
- 91688F104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 47 | $131.4M |
| Exits | 37 | $22.3M |
All 13F filers, Q2 2025 → Q3 2025: 20,240,042 shares bought and 15,397,056 shares sold, net +4,842,986 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 276 holders
| Vanguard Group Inc. | 0.00% | Reduce -2.6% | 14,666,762 | $272.4M |
| T. Rowe Price Associates Inc. | 0.03% | Add +0.2% | 13,337,407 | $247.7M |
| BlackRock, Inc. | 0.00% | Add +18.5% | 11,544,792 | $214.4M |
| LSV Asset Management | 0.27% | Reduce -0.3% | 6,513,375 | $121.0M |
| Morgan Stanley | 0.01% | Add +1.2% | 4,769,035 | $88.6M |
| Ancient Art, L.P. | 19.05% | Add +13.1% | 4,268,667 | $79.3M |
| Goldman Sachs Group Inc. | 0.01% | Add +31.8% | 3,622,505 | $67.3M |
| Geode Capital Management, LLC | 0.00% | Add +3.0% | 3,085,118 | $57.3M |
| Invesco Ltd. | 0.01% | Add +5.2% | 3,009,334 | $55.9M |
| State Street Corp. | 0.00% | Reduce -0.4% | 2,981,024 | $55.4M |
| Dimensional Fund Advisors LP | 0.01% | Add +2.6% | 2,828,735 | $52.5M |
| Capital International Investors | 0.01% | Reduce -40.1% | 2,388,542 | $44.4M |
| Boston Partners | 0.04% | Add +785.7% | 2,322,575 | $43.0M |
| Allianz Asset Management GmbH | 0.04% | Add +93.7% | 1,862,153 | $34.6M |
| Renaissance Technologies | 0.04% | Reduce -35.3% | 1,802,715 | $33.5M |
| Nuveen, LLC | 0.01% | Add +55.8% | 1,798,201 | $33.4M |
| Balyasny Asset Management L.P. | 0.07% | Add +97.1% | 1,753,332 | $32.6M |
| Two Sigma Investments, LP | 0.04% | Reduce -37.9% | 1,484,084 | $27.6M |
| Invenomic Capital Management LP | 1.30% | New | 1,334,541 | $24.8M |
| Bank of America Corp. | 0.00% | Add +71.7% | 1,288,926 | $23.9M |
| Northern Trust Corp. | 0.00% | Add +0.3% | 1,195,219 | $22.2M |
| Baillie Gifford & Co. | 0.02% | Reduce -33.0% | 1,178,263 | $21.9M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +7.3% | 1,091,656 | $20.3M |
| Arrowstreet Capital, Limited Partnership | 0.01% | Add +2.0% | 1,043,838 | $19.4M |
| Fiera Capital Corp | 0.06% | Reduce -2.2% | 1,041,900 | $19.3M |
| Barclays PLC | 0.01% | Add +165.8% | 928,046 | $17.2M |
| Citadel Advisors | 0.01% | Add +174.8% | 820,785 | $15.2M |
| J. Goldman & Co LP | 0.54% | New | 769,747 | $14.3M |
| American Century Companies Inc. | 0.01% | Add +103.5% | 691,429 | $12.8M |
| Bridgewater Associates | 0.05% | New | 641,059 | $11.9M |
| Wellington Management Group LLP | 0.00% | New | 639,006 | $11.9M |
| Squarepoint Ops LLC | 0.02% | Add +88.8% | 611,165 | $11.3M |
| Millennium Management | 0.01% | Reduce -69.8% | 572,871 | $10.6M |
| Assenagon Asset Management S.A. | 0.01% | Add +5.4% | 537,261 | $10.0M |
| Cubist Systematic Strategies, LLC | 0.14% | Add +20.2% | 532,144 | $9.9M |
| Pacer Advisors, Inc. | 0.03% | Reduce -21.4% | 528,311 | $9.8M |
| Point72 Asset Management | 0.02% | New | 518,954 | $9.6M |
| Jupiter Asset Management Ltd. | 0.08% | Add +219.0% | 507,077 | $9.4M |
| Hillsdale Investment Management Inc. | 0.28% | Add +12.4% | 505,300 | $9.4M |
| Grandeur Peak Global Advisors, LLC | 1.25% | Add +8.6% | 503,662 | $9.4M |
| Kent Lake PR LLC | 4.75% | New | 500,000 | $9.3M |
| Polar Asset Management Partners Inc. | 0.26% | New | 481,772 | $8.9M |
| Royal Bank of Canada | 0.00% | Add +107.2% | 455,126 | $8.5M |
| UBS Group AG | 0.00% | Add +49.0% | 454,686 | $8.4M |
| Kestrel Investment Management Corp. | 4.72% | No change | 451,000 | $8.4M |
| Two Sigma Advisers, LP | 0.02% | Reduce -61.0% | 443,311 | $8.2M |
| Bank of New York Mellon Corp | 0.00% | Add +2.8% | 428,747 | $8.0M |
| Jane Street Group, LLC | 0.01% | Reduce -64.5% | 415,729 | $7.7M |
| SkyView Investment Advisors, LLC | 0.94% | Add +3.4% | 402,394 | $7.5M |
| Portolan Capital Management, LLC | 0.40% | New | 393,929 | $7.3M |
| Financial Gravity Asset Management, Inc. | 1.43% | — | 391,310 | $7.3M |
| Acadian Asset Management LLC | 0.01% | Reduce -53.3% | 382,750 | $7.1M |
| Danske Bank A/S | 0.02% | Add +13.2% | 375,202 | $7.0M |
| Circumference Group LLC | 8.18% | Reduce -8.5% | 375,000 | $7.0M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +20.2% | 369,980 | $6.9M |
| Alliancebernstein L.P. | 0.00% | Reduce -8.6% | 349,069 | $6.5M |
| Capital Fund Management S.A. | 0.06% | Add +72.9% | 320,317 | $5.9M |
| King Luther Capital Management Corp. | 0.02% | Add +19.4% | 316,077 | $5.9M |
| Susquehanna International Group, LLP | 0.01% | Reduce -10.3% | 305,943 | $5.7M |
| AQR Capital Management | 0.00% | Add +208.4% | 300,904 | $5.6M |
| New York State Common Retirement Fund | 0.01% | No change | 297,995 | $5.5M |
| Ameriprise Financial Inc. | 0.00% | Add +3.4% | 288,417 | $5.4M |
| D. E. Shaw & Co. | 0.00% | Add +202.9% | 280,856 | $5.2M |
| Franklin Resources Inc. | 0.00% | Add +16.3% | 274,532 | $5.1M |
| Qube Research & Technologies Ltd | 0.01% | Reduce -73.8% | 271,857 | $5.0M |
| Globeflex Capital L P | 0.77% | No change | 269,640 | $5.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -46.3% | 269,473 | $5.0M |
| OneDigital Investment Advisors LLC | 0.05% | Reduce -1.9% | 268,400 | $5.0M |
| State of Wisconsin Investment Board | 0.01% | Reduce -5.7% | 267,303 | $5.0M |
| ExodusPoint Capital Management, LP | 0.07% | Add +845.9% | 267,268 | $5.0M |
| Concentric Capital Strategies, LP | 0.23% | New | 257,306 | $4.8M |
| Nordea Investment Management AB | 0.00% | Add +3.1% | 246,565 | $4.6M |
| Swiss National Bank | 0.00% | Reduce -1.9% | 242,400 | $4.5M |
| Algert Global LLC | 0.07% | Add +384.4% | 236,020 | $4.4M |
| Principal Financial Group Inc. | 0.00% | Add +34.4% | 230,352 | $4.3M |
| Gotham Asset Management | 0.02% | Add +11.9% | 222,162 | $4.1M |
| Informed Momentum Co LLC | 0.47% | New | 224,598 | $4.1M |
| Man Group plc | 0.01% | Add +7.3% | 208,810 | $3.9M |
| Penserra Capital Management LLC | 0.05% | Reduce -2.8% | 206,609 | $3.8M |
| Trexquant Investment LP | 0.04% | Reduce -20.7% | 204,041 | $3.8M |
| Robeco Institutional Asset Management B.V. | 0.01% | Add +13.7% | 195,466 | $3.6M |
| Voloridge Investment Management, LLC | 0.01% | Reduce -72.4% | 193,768 | $3.6M |
| Marshall Wace, LLP | 0.00% | Add +22.3% | 192,830 | $3.6M |
| JPMorgan Chase & Co. | 0.00% | Reduce -19.2% | 187,838 | $3.5M |
| Rhumbline Advisers | 0.00% | Reduce -3.4% | 186,616 | $3.5M |
| Maverick Capital | 0.05% | New | 184,755 | $3.4M |
| First Trust Advisors LP | 0.00% | Reduce -40.9% | 183,893 | $3.4M |
| Schonfeld Strategic Advisors LLC | 0.02% | Reduce -39.9% | 182,927 | $3.4M |
| Victory Capital Management Inc. | 0.00% | Add +25.9% | 179,613 | $3.3M |
| Wells Fargo & Company | 0.00% | Reduce -15.1% | 177,107 | $3.3M |
| Alternative Investment Advisors, LLC. | 1.37% | New | 161,997 | $3.0M |
| Divisadero Street Capital Management, LP | 0.14% | No change | 158,125 | $2.9M |
| Legal & General Group Plc | 0.00% | Reduce -5.8% | 146,803 | $2.7M |
| Ruffer LLP | 0.15% | New | 146,239 | $2.7M |
| Aquatic Capital Management LLC | 0.05% | Add +49.6% | 141,920 | $2.6M |
| Essex Investment Management Co. LLC | 0.39% | Add +3.3% | 138,628 | $2.6M |
| Los Angeles Capital Management LLC | 0.01% | Reduce -2.4% | 136,981 | $2.5M |
| State of Wyoming | 0.28% | Reduce -4.7% | 130,657 | $2.4M |
| Deutsche Bank AG | 0.00% | Add +10.4% | 118,845 | $2.2M |
| California State Teachers Retirement System | 0.00% | Add +0.0% | 115,865 | $2.2M |
"% of holder's portfolio" is UPWK's weight in each manager's 13F, not the share of Upwork Inc. the manager owns.