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 15.03% of UPWK shares. T. Rowe Price US All-Cap Opp Eq SMA is the top mutual fund, with 6.43% of its assets in Upwork shares.

UPWK Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockUpwork83.56%5.02%11.43%
SectorIndustrials Stocks 49.28%15.95%34.77%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de19.26M15.03%$161.01M
Price t rowe associates inc /md/17.44M13.35%$191.09M
Vanguard group14.99M10.94%$297.09M
Blackrock9.93M7.28%$106.72M
Lsv asset management6.38M4.98%$53.35M
Ancient art5.96M4.56%$65.32M
State street5.20M4.06%$43.43M
Capital investors4.72M3.62%$51.77M
Dimensional fund advisors lp3.72M2.84%$40.72M
Geode capital management3.14M2.41%$34.46M

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
Sparta 24296.63K2.27%$2.48M
Kestrel investment management433.00K1.97%$3.62M
Kent lake capital300.00K1.45%$3.23M
Rice hall james & associates2.78M1.13%$23.21M
Invenomic capital management lp1.91M0.96%$20.98M
Portolan capital management1.57M0.92%$17.21M
Financial gravity asset management424.76K0.83%$4.66M

Top Buyers

HolderShares% AssetsChange
Rice hall james & associates2.78M1.13%1.47M
Capital investors4.72M0.01%1.43M
Ancient art5.96M14.24%1.32M
Invenomic capital management lp1.91M0.96%1.18M
Ubs group1.56M0.00%1.12M

Top Sellers

HolderShares% AssetsChange
Dorsey asset management---3.05M
Boston partners228.88K0.00%-2.93M
Invesco812.53K0.00%-2.77M
Summit partners public asset management---2.02M
Price t rowe associates inc /md/17.44M0.02%-1.80M

New Positions

HolderShares% AssetsChangeValue
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
Norges bank364.00K0.00%364.00K$5.95M
Sparta 24296.63K2.27%296.63K$2.48M

Sold Out

HolderChange
Dunhill financial-2.00
Elequin securities-10.00
Srs capital advisors-16.00
Washington trust-20.00
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
T. Rowe Price US All-Cap Opp Eq SMA8.59M6.43%1.46M
iShares Core S&P Small-Cap ETF7.52M6.09%5.18K
American Funds SMALLCAP World A4.72M3.82%-
T. Rowe Price US All-Cap Opp Eq Comp4.68M3.79%1.50M
T. Rowe Price All-Cap Opportunities Fund3.78M3.06%-897.91K
Vanguard Morn Total Stk Mkt Idx Investor3.69M2.99%-252.40K
Vanguard Total Stock Mkt Idx Inv3.69M2.99%-252.40K
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

Recent Insider Transactions


DateNameRoleActivityValue
Jul 18, 2026Kappus Anthony Ray GM & Chief Operating OfficerSell$5.05K
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

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 (19.26M shares, 15.03%), Price t rowe associates inc /md/ (17.44M shares, 13.35%), and Vanguard group (14.99M shares, 10.94%). Together, they hold 39.33% 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?

T. Rowe Price US All-Cap Opp Eq SMA is the top mutual fund holder of Upwork shares, with 6.43% of its total shares outstanding invested in 8.59M Upwork shares.

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