UpworkUPWK

13F holders, Q3 2025 (September 30)
276holders +8
47new positions
37sold out
10famous investors
$18.57avg. 13F price*

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

0100200300400 Q1 2024: 250Q1 2024Q2 2024: 250Q2 2024Q3 2024: 220Q3 2024Q4 2024: 253Q4 2024Q1 2025: 278Q1 2025Q2 2025: 268Q2 2025Q3 2025: 276Q3 2025Q4 2025: 305Q4 2025Q1 2026: 292Q1 2026Q2 2026: 297Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions47$131.4M
Exits37$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.

Show all 276 holders