UpworkUPWK
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 305 institutions reported holding Upwork Inc. (UPWK) in their 13F filings, up 29 from Q3 2025. 67 opened new positions and 38 sold out. The largest holders were BlackRock, Inc. ($397.6M), T. Rowe Price Associates Inc. ($381.2M) and Vanguard Group Inc. ($297.1M). 8 famous investors held it, including Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio), Ray Dalio (0.0% of Bridgewater Associates's portfolio) and Joel Greenblatt (0.0% of Gotham Asset Management's portfolio).
- Company
- Upwork Inc.
- CUSIP
- 91688F104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 67 | $84.1M |
| Exits | 38 | $120.4M |
All 13F filers, Q3 2025 → Q4 2025: 32,649,409 shares bought and 18,948,778 shares sold, net +13,700,631 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 305 holders
| BlackRock, Inc. | 0.01% | Add +73.8% | 20,061,827 | $397.6M |
| T. Rowe Price Associates Inc. | 0.04% | Add +44.2% | 19,231,377 | $381.2M |
| Vanguard Group Inc. | 0.00% | Add +2.2% | 14,989,217 | $297.1M |
| LSV Asset Management | 0.28% | Add +0.4% | 6,537,275 | $129.6M |
| State Street Corp. | 0.00% | Add +64.1% | 4,890,897 | $96.9M |
| Ancient Art, L.P. | 20.81% | Add +8.7% | 4,640,814 | $92.0M |
| Invesco Ltd. | 0.01% | Add +19.2% | 3,585,846 | $71.1M |
| Capital International Investors | 0.01% | Add +37.7% | 3,288,860 | $65.2M |
| Geode Capital Management, LLC | 0.00% | Reduce -0.0% | 3,084,004 | $61.1M |
| Boston Partners | 0.06% | Add +26.3% | 2,932,835 | $58.3M |
| Dimensional Fund Advisors LP | 0.01% | Add +3.8% | 2,936,110 | $58.2M |
| Morgan Stanley | 0.00% | Reduce -42.0% | 2,765,286 | $54.8M |
| Goldman Sachs Group Inc. | 0.01% | Reduce -39.4% | 2,196,594 | $43.5M |
| Renaissance Technologies | 0.07% | Add +19.8% | 2,159,042 | $42.8M |
| FMR LLC | 0.00% | Add +17267.0% | 2,158,021 | $42.8M |
| Summit Partners Public Asset Management, LLC | 1.13% | New | 2,025,000 | $40.1M |
| Nuveen, LLC | 0.01% | Reduce -1.4% | 1,772,128 | $35.1M |
| American Century Companies Inc. | 0.01% | Add +102.7% | 1,401,718 | $27.8M |
| Fiera Capital Corp | 0.09% | Add +32.4% | 1,379,902 | $27.3M |
| Allianz Asset Management GmbH | 0.03% | Reduce -34.3% | 1,223,568 | $24.3M |
| Northern Trust Corp. | 0.00% | Add +2.2% | 1,221,540 | $24.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +9.6% | 1,195,889 | $23.7M |
| Bank of America Corp. | 0.00% | Reduce -15.8% | 1,085,505 | $21.5M |
| Baillie Gifford & Co. | 0.02% | Reduce -12.5% | 1,030,754 | $20.4M |
| Principal Financial Group Inc. | 0.01% | Add +318.8% | 964,603 | $19.1M |
| Wellington Management Group LLP | 0.00% | Add +44.5% | 923,133 | $18.3M |
| Barclays PLC | 0.01% | Reduce -1.6% | 912,840 | $18.1M |
| Deutsche Bank AG | 0.01% | Add +654.5% | 896,695 | $17.8M |
| Two Sigma Investments, LP | 0.03% | Reduce -43.3% | 841,801 | $16.7M |
| Bank of New York Mellon Corp | 0.00% | Add +75.7% | 753,165 | $14.9M |
| Invenomic Capital Management LP | 0.70% | Reduce -44.9% | 735,100 | $14.6M |
| Portolan Capital Management, LLC | 0.76% | Add +82.7% | 719,644 | $14.3M |
| Ameriprise Financial Inc. | 0.00% | Add +120.5% | 635,861 | $12.6M |
| J. Goldman & Co LP | 0.42% | Reduce -29.7% | 541,259 | $10.7M |
| Bridgewater Associates | 0.04% | Reduce -15.6% | 541,073 | $10.7M |
| Hillsdale Investment Management Inc. | 0.27% | Reduce -0.6% | 502,500 | $10.0M |
| Grandeur Peak Global Advisors, LLC | 1.23% | Reduce -8.2% | 462,333 | $9.2M |
| Public Sector Pension Investment Board | 0.03% | New | 452,229 | $9.0M |
| Janus Henderson Group PLC | 0.00% | Add +659.1% | 448,400 | $8.9M |
| Kestrel Investment Management Corp. | 4.89% | Reduce -3.4% | 435,500 | $8.6M |
| UBS Group AG | 0.00% | Reduce -5.1% | 431,536 | $8.6M |
| AQR Capital Management | 0.00% | Add +43.3% | 431,206 | $8.5M |
| Financial Gravity Asset Management, Inc. | 1.53% | Add +2.6% | 401,665 | $8.0M |
| SkyView Investment Advisors, LLC | 0.98% | Reduce -2.5% | 392,464 | $7.8M |
| Circumference Group LLC | 8.51% | Add +2.7% | 385,000 | $7.6M |
| State of Wisconsin Investment Board | 0.02% | Add +40.4% | 375,402 | $7.4M |
| First Trust Advisors LP | 0.01% | Add +87.0% | 343,978 | $6.8M |
| Legal & General Group Plc | 0.00% | Add +126.8% | 332,884 | $6.6M |
| Clearbridge Investments, LLC | 0.01% | New | 332,525 | $6.6M |
| Alliancebernstein L.P. | 0.00% | Reduce -6.0% | 328,153 | $6.5M |
| Rhumbline Advisers | 0.01% | Add +75.3% | 327,073 | $6.5M |
| King Luther Capital Management Corp. | 0.03% | Add +0.5% | 317,542 | $6.3M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -69.9% | 314,194 | $6.2M |
| New York State Common Retirement Fund | 0.01% | Add +1.7% | 303,195 | $6.0M |
| Danske Bank A/S | 0.01% | Reduce -19.6% | 301,573 | $6.0M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Reduce -18.3% | 302,470 | $6.0M |
| Schroder Investment Management Group | 0.00% | New | 290,843 | $5.7M |
| Franklin Resources Inc. | 0.00% | Add +0.1% | 274,780 | $5.4M |
| Jupiter Asset Management Ltd. | 0.04% | Reduce -45.8% | 274,730 | $5.4M |
| Globeflex Capital L P | 0.82% | No change | 269,640 | $5.3M |
| OneDigital Investment Advisors LLC | 0.05% | Reduce -3.9% | 257,916 | $5.1M |
| Swiss National Bank | 0.00% | Add +2.5% | 248,400 | $4.9M |
| Wells Fargo & Company | 0.00% | Add +37.4% | 243,391 | $4.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -11.7% | 237,950 | $4.7M |
| Algert Global LLC | 0.07% | Reduce -0.6% | 234,610 | $4.6M |
| Nordea Investment Management AB | 0.00% | Reduce -10.2% | 221,512 | $4.4M |
| Penserra Capital Management LLC | 0.05% | Add +0.9% | 208,511 | $4.1M |
| Squarepoint Ops LLC | 0.01% | Reduce -69.5% | 186,416 | $3.7M |
| Royal Bank of Canada | 0.00% | Reduce -60.4% | 180,179 | $3.6M |
| Acadian Asset Management LLC | 0.01% | Reduce -54.6% | 173,643 | $3.4M |
| Empowered Funds, LLC | 0.06% | Add +146.2% | 171,753 | $3.4M |
| Burney Co./ | 0.10% | New | 168,627 | $3.3M |
| Robeco Institutional Asset Management B.V. | 0.00% | Reduce -15.2% | 165,759 | $3.3M |
| Victory Capital Management Inc. | 0.00% | Reduce -9.0% | 163,526 | $3.2M |
| Gotham Asset Management | 0.01% | Reduce -26.9% | 162,516 | $3.2M |
| SG Americas Securities, LLC | 0.00% | Add +73.0% | 162,256 | $3.2M |
| Voya Investment Management LLC | 0.00% | Add +586.6% | 154,672 | $3.1M |
| State of Wyoming | 0.32% | Add +12.5% | 146,941 | $2.9M |
| Man Group plc | 0.01% | Reduce -30.2% | 145,838 | $2.9M |
| Essex Investment Management Co. LLC | 0.41% | Reduce -2.2% | 135,636 | $2.7M |
| Prudential Financial Inc. | 0.00% | Add +317.4% | 122,130 | $2.4M |
| Teachers Retirement System of the State of Kentucky | 0.02% | Add +154.7% | 120,710 | $2.4M |
| California State Teachers Retirement System | 0.00% | Add +2.9% | 119,165 | $2.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +8607.8% | 117,903 | $2.3M |
| Group One Trading LLC | 0.07% | Add +293.2% | 117,168 | $2.3M |
| Polar Asset Management Partners Inc. | 0.06% | Reduce -76.2% | 114,741 | $2.3M |
| Capital Fund Management S.A. | 0.02% | Reduce -65.8% | 109,717 | $2.2M |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +135.2% | 107,479 | $2.1M |
| JPMorgan Chase & Co. | 0.00% | Reduce -43.9% | 105,438 | $2.1M |
| State of Alaska, Department of Revenue | 0.02% | Add +1566.8% | 105,258 | $2.1M |
| Thrivent Financial for Lutherans | 0.00% | Add +623.2% | 104,183 | $2.1M |
| Sei Investments Co. | 0.00% | Add +1.5% | 101,524 | $2.0M |
| Cary Street Partners Financial LLC | 0.05% | Reduce -3.6% | 99,230 | $2.0M |
| Verition Fund Management LLC | 0.01% | Add +24.9% | 98,991 | $2.0M |
| Envestnet Asset Management Inc. | 0.00% | Add +5.8% | 98,381 | $1.9M |
| LPL Financial LLC | 0.00% | Add +348.7% | 88,914 | $1.8M |
| Citigroup Inc. | 0.00% | Add +3.4% | 85,097 | $1.7M |
| Engineers Gate Manager LP | 0.02% | New | 83,393 | $1.7M |
| Cerity Partners LLC | 0.00% | Add +6.3% | 80,929 | $1.6M |
| New York State Teachers Retirement System | 0.00% | Add +547.9% | 73,287 | $1.5M |
"% of holder's portfolio" is UPWK's weight in each manager's 13F, not the share of Upwork Inc. the manager owns.