| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 14% | $314,118,424 | 18,423,368 | BlackRock, Inc. | 30 Nov 2025 | |||
| VANGUARD GROUP INC | 11% | $205,156,035 | 15,151,849 | The Vanguard Group | 31 Mar 2025 | |||
| PRICE T ROWE ASSOCIATES INC /MD/ | 10% | $247,704,190 | 13,338,944 | T. Rowe Price Associates, Inc. | 30 Sep 2025 | |||
| Ancient Art, L.P. | 4.1% | $73,616,357 | 5,436,954 | LEE QUINCY J | 31 Dec 2024 |
As of 30 Sep 2025, 272 institutional investors reported holding 122,037,271 shares of UPWORK, INC - Common Stock (UPWK). This represents 93% of the company’s total 130,662,184 outstanding shares.
The largest institutional shareholders of UPWORK, INC - Common Stock (UPWK) together control 71% 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 |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 11% | 14,666,762 | -2.6% | 0% | $272,361,770 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 10% | 13,337,407 | +0.21% | 0.03% | $247,677,000 |
| BlackRock, Inc. | 8.8% | 11,544,792 | +18% | 0% | $214,386,796 |
| LSV ASSET MANAGEMENT | 5% | 6,513,375 | -0.32% | 0.27% | $120,953,000 |
| MORGAN STANLEY | 3.6% | 4,769,035 | +1.2% | 0.01% | $88,561,005 |
| Ancient Art, L.P. | 3.3% | 4,268,667 | +13% | 19% | $79,269,146 |
| GOLDMAN SACHS GROUP INC | 2.8% | 3,622,505 | +32% | 0.01% | $67,269,918 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.4% | 3,085,118 | +3% | 0% | $57,298,775 |
| Invesco Ltd. | 2.3% | 3,009,334 | +5.2% | 0.01% | $55,883,333 |
| STATE STREET CORP | 2.3% | 2,981,024 | -0.41% | 0% | $55,357,616 |
| DIMENSIONAL FUND ADVISORS LP | 2.2% | 2,828,735 | +2.6% | 0.01% | $52,533,691 |
| Capital International Investors | 1.8% | 2,388,542 | -40% | 0.01% | $44,355,225 |
| Boston Partners | 1.8% | 2,322,575 | +786% | 0.04% | $42,961,930 |
| Allianz Asset Management GmbH | 1.4% | 1,862,153 | +94% | 0.04% | $34,580,181 |
| RENAISSANCE TECHNOLOGIES LLC | 1.4% | 1,802,715 | -35% | 0.04% | $33,476,418 |
| Nuveen, LLC | 1.4% | 1,798,201 | +56% | 0.01% | $33,392,592 |
| Balyasny Asset Management L.P. | 1.3% | 1,753,332 | +97% | 0.07% | $32,559,375 |
| TWO SIGMA INVESTMENTS, LP | 1.1% | 1,484,084 | -38% | 0.04% | $27,559,440 |
| Invenomic Capital Management LP | 1% | 1,334,541 | 1.3% | $24,782,426 | |
| BANK OF AMERICA CORP /DE/ | 0.99% | 1,288,926 | +72% | 0% | $23,935,356 |
| NORTHERN TRUST CORP | 0.91% | 1,195,219 | +0.31% | 0% | $22,195,217 |
| BAILLIE GIFFORD & CO | 0.9% | 1,178,263 | -33% | 0.02% | $21,880,343 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.84% | 1,091,656 | +7.4% | 0% | $20,272,052 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.8% | 1,043,838 | +2% | 0.01% | $19,384,072 |
| Fiera Capital Corp | 0.8% | 1,041,900 | -2.2% | 0.06% | $19,348,083 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 612,784 | $12,151,518 | -$6,086,609 | $19.82 | 22 |
| 2025 Q3 | 122,037,271 | $2,265,576,747 | +$95,588,051 | $18.57 | 272 |
| 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 |