Upwork Inc.
Hedge Funds Holdings

Last updated:

Upwork Inc.‘s stocks are currently a part of 192 hedge funds’ portfolios, which represents 71.26% of the total amount of its stocks outstanding. This makes up a total of 92.68M shares of Upwork Inc.. Compared to the previous quarter, the number fell by -5.91% or -5.82M shares fewer. As for the holding position changes, 35.42% (68) of current hedge fund investors increased the number of shares held, 33.85% (65) of current holders sold a part of the shares held, and 15.1% (29) closed the holdings completely. 32 hedge funds are new holders of Upwork Inc. stock in Q3 2022, it is 16.67% of total holders.

Hedge funds holding Upwork (Q4 2018 – Q3 2022)

Number of hedge funds
Q4 2018 70
Q1 2019 79
Q2 2019 94
Q3 2019 127
Q4 2019 141
Q1 2020 134
Q2 2020 159
Q3 2020 177
Q4 2020 227
Q1 2021 265
Q2 2021 262
Q3 2021 270
Q4 2021 257
Q1 2022 217
Q2 2022 209
Q3 2022 192

Hedge funds changes in Upwork positions (Q4 2018 – Q3 2022)

Changes in positions
Q4 2018 700000
Q1 2019 25281616-6
Q2 2019 3542918-10
Q3 2019 49451816-1
Q4 2019 40513525-10
Q1 2020 31503133-11
Q2 2020 56533429-13
Q3 2020 44575425-3
Q4 2020 75706122-1
Q1 2021 65869525-6
Q2 2021 421038044-7
Q3 2021 489980385
Q4 2021 52858863-31
Q1 2022 25778663-34
Q2 2022 29717931-1
Q3 2022 32686529-2

Hedge funds changes in Upwork stock options (Q4 2018 – Q3 2022)

Changes in stock options
Q4 2018 561,000 581,000
Q1 2019 2,655,000 6,202,000
Q2 2019 375,000 68,249,000
Q3 2019 7,715,000 55,786,000
Q4 2019 584,000 40,570,000
Q1 2020 927,000 7,946,000
Q2 2020 22,520,000 19,943,000
Q3 2020 16,376,000 11,485,000
Q4 2020 76,200,692 36,777,040
Q1 2021 90,145,481 48,458,249
Q2 2021 85,020,085 66,609,444
Q3 2021 58,611,133 69,209,990
Q4 2021 32,779,296 49,638,840
Q1 2022 629,000,020,743,000 21,917,000
Q2 2022 24,506,976 41,776,068
Q3 2022 15,663,000 19,049,000

Top 50 hedge fund holders of Upwork Inc. (NASDAQ:UPWK)

Hedge fund Value Shares owned Portfolio share
VANGUARD GROUP INC 148.40M 10.89M 0.004%
BLACKROCK INC. Larry Fink 105.56M 7.75M 0.004%
JACKSON SQUARE PARTNERS, LLC 96.44M 7.08M 2.530%
BAILLIE GIFFORD & CO 89.73M 6.58M 0.092%
HAWK RIDGE CAPITAL MANAGEMENT LP 56.87M 4.17M 3.572%
DORSEY ASSET MANAGEMENT, LLC 36.36M 2.66M 4.627%
GREENOAKS CAPITAL PARTNERS LLC 36.27M 2.66M 2.767%
ATOMVEST LTD 34.06M 2.50M 35.503%
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 33.60M 2.46M 0.027%
FMR LLC 32.41M 2.37M 0.003%
STATE STREET CORP 32.29M 2.37M 0.002%
ANCIENT ART, L.P. 31.64M 2.32M 5.901%
JANUS HENDERSON GROUP PLC 31.50M 2.31M 0.024%
GEODE CAPITAL MANAGEMENT, LLC 29.33M 2.15M 0.004%
D. E. SHAW & CO., INC. David E. Shaw 26.18M 1.92M 0.031%
FEDERATED HERMES, INC. 25.78M 1.89M 0.076%
CAPITAL INTERNATIONAL INVESTORS 24.38M 1.79M 0.007%
MACQUARIE GROUP LTD 20.66M 1.51M 0.025%
CITADEL ADVISORS LLC Ken Griffin 17.13M 1.25M 0.004%
DEUTSCHE BANK AG\ 16.84M 1.23M 0.010%
SEI INVESTMENTS CO 16.57M 1.21M 0.037%
TWO SIGMA ADVISERS, LP 16.13M 1.18M 0.047%
NORTHERN TRUST CORP 14.81M 1.08M 0.003%
TWO SIGMA INVESTMENTS, LP John Overdeck 14.45M 1.06M 0.049%
DURABLE CAPITAL PARTNERS LP 13.27M 974.66K 0.146%
MILLENNIUM MANAGEMENT LLC Israel Englander 12.66M 929.52K 0.007%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 11.79M 866.20K 0.004%
FRONTIER CAPITAL MANAGEMENT CO LLC 11.38M 835.50K 0.133%
GOLDMAN SACHS GROUP INC 11.02M 809.25K 0.003%
WELLINGTON MANAGEMENT GROUP LLP Jean Hynes 10.68M 784.49K 0.002%
KORNITZER CAPITAL MANAGEMENT INC /KS 10.20M 748.94K 0.219%
HSBC HOLDINGS PLC 9.40M 678.3K 0.015%
MORGAN STANLEY 9.32M 684.42K 0.001%
CREDIT SUISSE AG/ 9.23M 678.01K 0.010%
CUBIST SYSTEMATIC STRATEGIES, LLC 8.88M 652.53K 0.050%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 8.75M 642.8K 0.012%
NUVEEN ASSET MANAGEMENT, LLC 7.37M 541.52K 0.003%
CANDRIAM S.C.A. 7.26M 533.65K 0.051%
PARALLAX VOLATILITY ADVISERS, L.P. 6.84M 502.2K 0.011%
BARES CAPITAL MANAGEMENT, INC. 6.81M 500K 0.266%
VOYA INVESTMENT MANAGEMENT LLC 6.69M 491.38K 0.007%
FIRST SABREPOINT CAPITAL MANAGEMENT LP 6.60M 485K 2.710%
BANK OF NEW YORK MELLON CORP 6.37M 468.01K 0.002%
THRIVENT FINANCIAL FOR LUTHERANS 6.04M 443.4K 0.017%
PEAK6 INVESTMENTS LLC 5.80M 425.9K 0.024%
POLAR ASSET MANAGEMENT PARTNERS INC. 5.74M 421.8K 0.069%
SEGALL BRYANT & HAMILL, LLC 5.11M 375.28K 0.061%
ADVANTAGE ALPHA CAPITAL PARTNERS LP 4.78M 351.36K 0.880%
IVYROCK ASSET MANAGEMENT (HK) LTD 4.73M 347.67K 3.679%
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 4.52M 331.95K 0.591%