Upwork Ownership | Who Owns Upwork?


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Upwork Ownership Summary


Upwork is owned by 83.56% institutional investors, 5.02% insiders, and 11.43% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 14.44% of UPWK shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 6.45% of its assets in Upwork shares.

UPWK Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockUpwork83.56%5.02%11.43%
SectorIndustrials Stocks 48.69%15.99%35.32%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de18.86M14.44%$206.66M
Price t rowe associates inc /md/17.44M13.35%$191.09M
Vanguard group14.99M10.94%$297.09M
Blackrock9.93M7.28%$106.72M
Lsv asset management6.79M5.20%$74.45M
Ancient art5.96M4.56%$65.32M
State street5.13M3.92%$56.17M
Capital investors4.72M3.62%$51.77M
Dimensional fund advisors lp3.72M2.84%$40.72M
Boston partners3.15M2.41%$34.56M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Ancient art5.96M14.24%$65.32M
Circumference group300.00K7.37%$3.29M
Kent lake pr500.00K4.69%$9.29M
Kestrel investment management433.00K2.83%$4.75M
Kent lake capital300.00K1.45%$3.23M
Financial gravity companies380.84K1.00%$5.12M
Invenomic capital management lp1.91M0.96%$20.98M
Portolan capital management1.57M0.92%$17.21M
Financial gravity asset management424.76K0.83%$4.66M
Rice hall james & associates1.31M0.80%$14.34M

Top Buyers

HolderShares% AssetsChange
Capital investors4.72M0.01%1.43M
Ancient art5.96M14.24%1.32M
Rice hall james & associates1.31M0.80%1.31M
Invenomic capital management lp1.91M0.96%1.18M
Jupiter asset management1.43M0.08%1.15M

Top Sellers

HolderShares% AssetsChange
Dorsey asset management---3.05M
Invesco812.53K0.00%-2.77M
Summit partners public asset management---2.02M
Price t rowe associates inc /md/17.44M0.02%-1.80M
Morgan stanley1.19M0.00%-1.58M

New Positions

HolderShares% AssetsChangeValue
Rice hall james & associates1.31M0.80%1.31M$14.34M
Vanguard fiduciary trust896.88K0.00%896.88K$9.83M
J. goldman & co lp769.75K0.36%769.75K$14.29M
Kent lake pr500.00K4.69%500.00K$9.29M
Financial gravity companies380.84K1.00%380.84K$5.12M

Sold Out

HolderChange
Elequin securities-10.00
Srs capital advisors-16.00
Washington trust-20.00
Cedar mountain advisors-23.00
Nelson, van denburg & campbell wealth management group-25.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Mar 31, 2026245-25.08%109,140,994-19.14%830.78%128-34.36%76-11.63%
Dec 31, 2025265-11.37%103,486,293-15.96%750.87%16311.64%68-29.17%
Sep 30, 202584-70.11%32,149,299-72.74%240.31%38-74.32%35-58.82%
Jun 30, 2025275-6.46%117,802,1480.18%891.18%147-1.34%82-4.65%
Mar 31, 202516-94.20%6,797,443-93.82%50.07%8-94.56%6-92.41%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF7.97M6.45%1.95K
T. Rowe Price US All-Cap Opp Eq SMA8.59M6.43%1.46M
T. Rowe Price US All-Cap Opp Eq Comp4.68M3.79%1.50M
American Funds SMALLCAP World A4.72M3.62%1.43M
T. Rowe Price All-Cap Opportunities Fund4.68M3.59%718.70K
Vanguard Total Stock Mkt Idx Inv3.94M3.19%-
Vanguard US Total Market Shares ETF3.92M2.89%-
T. Rowe Price Integrated US SmCapGrEq3.51M2.84%-
US Small-Cap Growth II Equity Comp3.34M2.71%-2.44M
T. Rowe Price Integrated US Sm Gr Eq3.51M2.69%-

Recent Insider Transactions


DateNameRoleActivityValue
Jun 18, 2026Gessert Erica Chief Financial OfficerSell$74.73K
Jun 18, 2026Mekhalfa Sabrina Chief Accounting OfficerSell$10.40K
Jun 18, 2026Brown Hayden President & CEOSell$191.28K
May 18, 2026Kappus Anthony Ray GM & Chief Operating OfficerSell$16.50K
May 18, 2026Gessert Erica Chief Financial OfficerSell$192.00K

Insider Transactions Trends


DateBuySell
2026 Q2-4
2026 Q1-10
2025 Q4-17
2025 Q3-16
2025 Q2-26

UPWK Ownership FAQ


Who owns the most shares of Upwork?

Upwork’s largest shareholders are Blackrock funding, inc. /de (18.86M shares, 14.44%), Price t rowe associates inc /md/ (17.44M shares, 13.35%), and Vanguard group (14.99M shares, 10.94%). Together, they hold 38.73% of Upwork’s total shares outstanding.

Does Blackrock own Upwork?

Yes, BlackRock owns 7.28% of Upwork, totaling 9.93M shares as of Jun 2024. This represents 0.00% of BlackRock's total assets, with a market value of 106.72M$. In the last quarter, BlackRock increased its holdings by 500.99K shares, a 5.31% change.

Who is Upwork’s biggest shareholder by percentage of total assets invested?

Ancient art is Upwork’s biggest shareholder by percentage of total assets invested, with 14.24% of its assets in 5.96M Upwork shares, valued at 65.32M$.

Who is the top mutual fund holder of Upwork shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of Upwork shares, with 6.45% of its total shares outstanding invested in 7.97M Upwork shares.

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