| 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 | |||
| VANGUARD GROUP INC | 11% | $205,156,035 | 15,151,849 | The Vanguard Group | 31 Mar 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, 299 institutional investors reported holding 134,948,188 shares of UPWORK, INC - COMMON STOCK (UPWK). This represents 103% of the company’s total 130,836,449 outstanding shares.
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 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 134,948,188 | $2,674,681,106 | +$282,881,347 | $19.82 | 299 |
| 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 |