Upwork UPWK Institutional Ownership

NASDAQ UPWK

$8.75 +0.00 (+0.00%)

At close: Oct 21, 2026 · 4:00 PM EDT

Institutions by Trading Activity

295 Institutions

Increased 176 59.7%

Unchanged 36 12.2%

Reduced 83 28.1%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

—

13F totals exceed reported shares outstanding

Shares Held by Institutions

126.48Mn

of 124.80Mn outstanding

▼-6.30% QoQ

Shares Outstanding

124.80Mn

Institutional Investors

295

filed 13F for Jun 2026

▲+7 vs prior quarter

Net Shares Added (QoQ)

-8.51Mn

distributed since last quarter

Value of Holdings

$1.11Bn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Updated Oct 11, 2026

Upwork, Inc (NASDAQ:UPWK) had 295 institutional holders reporting a position on Form 13F for the quarter ended June 30, 2026.

Total holdings of Upwork shares fell 6.30% from Q1 2026, and the number of holders rose 12.17% from Q2 2025.
Looking at the 295 holders of UPWK individually, 176 added to their positions, 83 reduced their stakes and 36 left their positions unchanged.
The aggregate institutional position in Upwork was 126.48Mn shares at the end of Q2 2026, down 8.51Mn from the prior quarter and up 14.16Mn from a year earlier.
BlackRock, Inc. was the top holder of Upwork as of June 30, 2026, with 19.26Mn shares.
Among existing holders, the largest additions to Upwork in Q2 2026 came from Goldman Sachs Group Inc (+1.72Mn shares), Rice Hall James & Associates, LLC (+1.47Mn shares), Citadel Advisors LLC (+1.42Mn shares), Morgan Stanley (+1.28Mn shares) and Ancient Art, L.P. (+1.27Mn shares).
Holders that trimmed the most shares of Upwork in Q2 2026 while keeping a position were T. Rowe Price Associates Inc (-17.2Mn shares), Boston Partners (-2.93Mn shares), FMR LLC (-2.38Mn shares), Deutsche Bank AG (-1.55Mn shares) and Fiera Capital Corp (-528.32K shares).
Per Business Quant, the top 10 investors in UPWK for the quarter ended June 30, 2026 were BlackRock, Inc. (19.26Mn shares), Vanguard Portfolio Management LLC (7.9Mn shares), Ancient Art, L.P. (7.23Mn shares), LSV Asset Management (6.38Mn shares), Vanguard Capital Management LLC (5.31Mn shares), State Street Corp (5.2Mn shares), Capital International Investors (4.86Mn shares), Dimensional Fund Advisors LP (4.74Mn shares), Goldman Sachs Group Inc (4.27Mn shares) and Geode Capital Management, LLC (3.25Mn shares).

Form 13F Holdings

295 Institutional Holders

Report period 30 Jun, 2026

Total shares held 126.48Mn

Of outstanding —

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	BlackRock, Inc.	0002012383	19,259,723	15.43%	▲403,601	+2.14%	$161.01Mn
2	VANGUARD PORTFOLIO MANAGEMENT LLC	0002100121	7,898,745	6.33%	▲124,397	+1.60%	$66.03Mn
3	Ancient Art, L.P.	0001426749	7,228,530	5.79%	▲1,268,621	+21.29%	$60.43Mn
4	LSV ASSET MANAGEMENT	0001050470	6,381,628	5.11%	▼410,900	-6.05%	$53.35K
5	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	5,313,767	4.26%	▼298,931	-5.33%	$44.42Mn
6	State Street Corp	0000093751	5,195,259	4.16%	▲69,917	+1.36%	$43.43Mn
7	Capital International Investors	0001562230	4,857,612	3.89%	▲134,054	+2.84%	$40.61Mn
8	DIMENSIONAL FUND ADVISORS LP	0000354204	4,743,484	3.80%	▲1,027,868	+27.66%	$39.66Mn
9	Goldman Sachs Group Inc	0000886982	4,270,252	3.42%	▲1,719,424	+67.41%	$35.70Mn
10	GEODE CAPITAL MANAGEMENT, LLC	0001214717	3,253,955	2.61%	▲110,675	+3.52%	$27.21Mn
11	RICE HALL JAMES & ASSOCIATES, LLC	0001230765	2,776,805	2.23%	▲1,468,638	+112.27%	$23.21Mn
12	Morgan Stanley	0000895421	2,463,966	1.97%	▲1,278,271	+107.81%	$20.60Mn
13	Invenomic Capital Management LP	0001769456	2,406,922	1.93%	▲492,421	+25.72%	$20.12Mn
14	UBS Group AG	0001610520	2,142,846	1.72%	▲586,335	+37.67%	$17.91Mn
15	MILLENNIUM MANAGEMENT LLC	0001273087	1,853,448	1.49%	▲818,027	+79.00%	$15.49Mn
16	RENAISSANCE TECHNOLOGIES LLC	0001037389	1,681,020	1.35%	▼359,300	-17.61%	$14.05Mn
17	CITADEL ADVISORS LLC	0001423053	1,655,618	1.33%	▲1,424,134	+615.22%	$13.84Mn
18	JUPITER ASSET MANAGEMENT LTD	0001215838	1,578,957	1.27%	▲150,657	+10.55%	$13.20Mn
19	TWO SIGMA INVESTMENTS, LP	0001179392	1,499,477	1.20%	▲733,168	+95.68%	$12.54Mn
20	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0001164508	1,481,789	1.19%	▲1,250,959	+541.94%	$12.39Mn

Showing 1 to 20 of 295 holders