Latest Period
Q4 2025
- Info
- Insider Trading
- Financials
- Holders
Security Snapshot
UPWORK, INC - Common Stock (UPWK) Institutional Ownership
CUSIP: 91688F104
13F Institutional Holders and Ownership History from Q4 2018 to Q1 2026
Institutions Reporting
303
Shares (Excl. Options)
134,983,385
Price
$19.82
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- Type / Class
- Equity / Common Stock
- Symbol
- UPWK on Nasdaq
- Shares outstanding
- 130,836,449
- Price per share
- $10.96
- All holders as of 31 Dec 2025
- Q4 2025
- Total 13F shares
- 134,983,385
- Total reported value
- $2,675,380,233
- % of total 13F portfolios
- 0.01%
- Share change
- +13,691,919
- Value change
- +$279,949,857
- Number of holders
- 303
- Price from insider filings
- $10.96
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Quick Takeaways
- UPWK - UPWORK, INC - Common Stock is tracked under CUSIP 91688F104.
- 303 institutions reported positions in Q4 2025.
- 4 significant owners is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 303 to 17 between Q4 2025 and Q1 2026.
- Reported value moved from $2,675,380,233 to $922,088.
Why This Matters
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 303 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 91688F104?
CUSIP 91688F104 identifies UPWK - UPWORK, INC - Common Stock in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 91688F104:
Significant Owners of UPWORK, INC - Common Stock (UPWK) based on Schedule 13D/G filings
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ | 15% | +46% | $389,467,400 | +$119,353,784 | 19,232,958 | +44% | T. Rowe Price Associates, Inc. | 31 Dec 2025 |
| BlackRock, Inc. | 14% | $314,118,424 | 18,423,368 | BlackRock, Inc. | 30 Nov 2025 | |||
| LSV ASSET MANAGEMENT | 5% | $129,570,098 | 6,537,275 | LSV ASSET MANAGEMENT | 31 Dec 2025 | |||
| Ancient Art, L.P. | 4.1% | $73,616,357 | 5,436,954 | LEE QUINCY J | 31 Dec 2024 |
As of 31 Dec 2025, 303 institutional investors reported holding 134,983,385 shares of UPWORK, INC - Common Stock (UPWK). This represents 103% of the company’s total 130,836,449 outstanding shares.
Top 25 Institutional Shareholders
The largest institutional shareholders of UPWORK, INC - Common Stock (UPWK) together control 83% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15% | 20,061,827 | +74% | 0.01% | $397,625,413 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 15% | 19,231,377 | +44% | 0.04% | $381,166,000 |
| VANGUARD GROUP INC | 11% | 14,989,217 | +2.2% | 0% | $297,086,280 |
| LSV ASSET MANAGEMENT | 5% | 6,537,275 | +0.37% | 0.28% | $129,569,000 |
| STATE STREET CORP | 3.7% | 4,890,897 | +64% | 0% | $96,937,579 |
| Ancient Art, L.P. | 3.5% | 4,640,814 | +8.7% | 21% | $91,980,933 |
| Invesco Ltd. | 2.7% | 3,585,846 | +19% | 0.01% | $71,071,468 |
| Capital International Investors | 2.5% | 3,288,860 | +38% | 0.01% | $65,185,205 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.4% | 3,084,004 | -0.04% | 0% | $61,136,077 |
| DIMENSIONAL FUND ADVISORS LP | 2.2% | 2,936,110 | +3.8% | 0.01% | $58,190,346 |
| Boston Partners | 2.2% | 2,932,835 | +26% | 0.06% | $58,293,577 |
| MORGAN STANLEY | 2.1% | 2,765,286 | -42% | 0% | $54,807,984 |
| GOLDMAN SACHS GROUP INC | 1.7% | 2,196,594 | -39% | 0.01% | $43,536,493 |
| RENAISSANCE TECHNOLOGIES LLC | 1.7% | 2,159,042 | +20% | 0.07% | $42,792,212 |
| FMR LLC | 1.6% | 2,158,021 | +17267% | 0% | $42,771,971 |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | 1.5% | 2,025,000 | 1.1% | $40,135,500 | |
| Nuveen, LLC | 1.4% | 1,772,128 | -1.4% | 0.01% | $35,123,577 |
| AMERICAN CENTURY COMPANIES INC | 1.1% | 1,401,718 | +103% | 0.01% | $27,782,051 |
| Fiera Capital Corp | 1.1% | 1,379,902 | +32% | 0.09% | $27,349,658 |
| Allianz Asset Management GmbH | 0.94% | 1,223,568 | -34% | 0.03% | $24,251,118 |
| NORTHERN TRUST CORP | 0.93% | 1,221,540 | +2.2% | 0% | $24,210,922 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.91% | 1,195,889 | +9.5% | 0% | $23,702,520 |
| BANK OF AMERICA CORP /DE/ | 0.83% | 1,085,505 | -16% | 0% | $21,514,709 |
| BAILLIE GIFFORD & CO | 0.79% | 1,030,754 | -13% | 0.02% | $20,429,544 |
| PRINCIPAL FINANCIAL GROUP INC | 0.74% | 964,603 | +319% | 0.01% | $19,118,431 |
Institutional Holders of UPWORK, INC - Common Stock (UPWK) across Reporting Periods
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 84,088 | $922,088 | -$1,890,903 | $10.96 | 17 |
| 2025 Q4 | 134,983,385 | $2,675,380,233 | +$279,949,857 | $19.82 | 303 |
| 2025 Q3 | 122,441,571 | $2,273,075,079 | +$95,815,336 | $18.57 | 274 |
| 2025 Q2 | 117,554,393 | $1,580,003,017 | +$8,713,144 | $13.44 | 265 |
| 2025 Q1 | 116,987,308 | $1,526,763,886 | +$80,974,474 | $13.05 | 273 |
| 2024 Q4 | 109,626,580 | $1,792,364,852 | +$98,670,677 | $16.35 | 250 |
| 2024 Q3 | 104,130,891 | $1,088,104,280 | +$3,074,360 | $10.45 | 217 |
| 2024 Q2 | 103,717,482 | $1,114,934,185 | +$29,175,863 | $10.75 | 246 |
| 2024 Q1 | 100,882,952 | $1,236,586,939 | -$78,970,234 | $12.26 | 248 |
| 2023 Q4 | 106,544,646 | $1,584,315,419 | +$64,935,323 | $14.87 | 254 |
| 2023 Q3 | 101,925,418 | $1,157,856,562 | -$10,415,009 | $11.36 | 229 |
| 2023 Q2 | 102,568,255 | $957,979,550 | +$44,833,442 | $9.34 | 209 |
| 2023 Q1 | 95,912,398 | $1,085,701,949 | -$21,456,796 | $11.32 | 224 |
| 2022 Q4 | 98,174,561 | $1,024,881,058 | -$61,960,041 | $10.44 | 214 |
| 2022 Q3 | 100,273,944 | $1,365,866,185 | -$68,190,817 | $13.62 | 213 |
| 2022 Q2 | 101,326,740 | $2,095,581,190 | +$75,248,439 | $20.68 | 211 |
| 2022 Q1 | 97,704,853 | $2,270,373,985 | -$2,717,081 | $23.24 | 217 |
| 2021 Q4 | 95,468,321 | $3,261,174,192 | +$93,053,066 | $34.16 | 253 |
| 2021 Q3 | 93,005,371 | $4,189,181,486 | +$231,140,345 | $45.03 | 265 |
| 2021 Q2 | 86,937,576 | $5,064,778,813 | +$212,836,906 | $58.29 | 258 |
| 2021 Q1 | 84,119,272 | $3,765,258,477 | +$102,609,433 | $44.77 | 265 |
| 2020 Q4 | 82,114,611 | $2,834,784,975 | +$166,663,728 | $34.52 | 228 |
| 2020 Q3 | 76,770,082 | $1,338,895,906 | +$71,572,355 | $17.44 | 180 |
| 2020 Q2 | 74,064,380 | $1,069,603,029 | +$181,291,037 | $14.44 | 161 |
| 2020 Q1 | 63,542,618 | $409,837,935 | -$78,190,813 | $6.45 | 132 |
| 2019 Q4 | 64,890,884 | $692,343,449 | +$46,569,679 | $10.67 | 140 |
| 2019 Q3 | 59,512,647 | $791,848,976 | +$130,010,797 | $13.30 | 126 |
| 2019 Q2 | 49,446,142 | $795,099,676 | +$176,134,619 | $16.08 | 94 |
| 2019 Q1 | 38,016,209 | $717,732,006 | +$1,087,938 | $19.14 | 79 |
| 2018 Q4 | 38,056,939 | $679,840,546 | +$452,161,528 | $18.11 | 69 |