Upwork Inc.
DE ˙ DB ˙ US91688F1049
7,40 € ↑0,13 (1,82%)
2026-06-05
DEL PRIS
SecurityDE:UP2 / Upwork Inc.
InstitutionPrincipal Financial Group Inc
Latest Disclosed Ownership1,097,681 shares
Latest Disclosed Value $ 12,030,584
Principal Financial Group Inc reports 13.80% increase in ownership of UP2 / Upwork Inc.

On May 4, 2026 - Principal Financial Group Inc filed a 13F-HR form disclosing ownership of 1,097,681 shares of Upwork Inc. (DE:UP2) valued at $10,131,596 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 2, 2026 disclosing 964,603 shares of Upwork Inc.. This represents a change in shares of 13.80% during the quarter. The current value of the position is $8,118,449 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-04 2026-03-31 13F UPWORK COM 91688F104 1,097,681 133,078 13.80 12,031 -37.08 0.0064
2026-02-02 2025-12-31 13F UPWORK COM 91688F104 964,603 734,251 318.75 19,118 347.00 0.0098
2025-11-04 2025-09-30 13F UPWORK COM 91688F104 230,352 59,000 34.43 4,278 85.79 0.0022
2025-08-08 2025-06-30 13F UPWORK COM 91688F104 171,352 171,352 2,303 0.0012
2025-04-28 2025-03-31 13F UPWORK COM 91688F104 0 -10,729 -100.00 0 -100.00
2025-01-31 2024-12-31 13F UPWORK COM 91688F104 10,729 -934 -8.01 175 44.63 0.0001
2024-10-31 2024-09-30 13F UPWORK COM 91688F104 11,663 -5,164 -30.69 122 -32.78 0.0001
2024-07-29 2024-06-30 13F UPWORK COM 91688F104 16,827 4 0.02 181 -12.62 0.0001
2024-04-29 2024-03-31 13F UPWORK COM 91688F104 16,823 2,457 17.10 206 -3.29 0.0001
2024-02-07 2023-12-31 13F UPWORK COM 91688F104 14,366 1,306 10.00 214 43.92 0.0001
2023-11-02 2023-09-30 13F UPWORK COM 91688F104 13,060 -1,554 -10.63 148 8.82 0.0001
2023-08-07 2023-06-30 13F UPWORK COM 91688F104 14,614 1,295 9.72 136 -9.33 0.0001
2023-05-09 2023-03-31 13F UPWORK COM 91688F104 13,319 -1,197 -8.25 151 -0.66 0.0001
2023-02-09 2022-12-31 13F UPWORK COM 91688F104 14,516 -2,938 -16.83 152 -36.55 0.0001
2022-11-09 2022-09-30 13F UPWORK COM 91688F104 17,454 -1,149 -6.18 238 -38.18 0.0002
2022-08-10 2022-06-30 13F UPWORK COM 91688F104 18,603 -2,824 -13.18 385 -22.69 0.0003
2022-05-09 2022-03-31 13F UPWORK COM 91688F104 21,427 1,362 6.79 498 -27.30 0.0002
2022-02-09 2021-12-31 13F UPWORK COM 91688F104 20,065 -4,682 -18.92 685 -38.51 0.0004
2021-11-09 2021-09-30 13F UPWORK COM 91688F104 24,747 -9,797 -28.36 1,114 -44.69 0.0007
2021-08-10 2021-06-30 13F UPWORK COM 91688F104 34,544 14,757 74.58 2,014 127.31 0.0013
2021-05-10 2021-03-31 13F UPWORK COM 91688F104 19,787 -3,700 -15.75 886 9.25 0.0006
2021-02-23 2020-12-31 13F/A-1 UPWORK COM 91688F104 23,487 9,488 67.78 811 232.38 0.0006
2021-02-08 2020-12-31 13F UPWORK COM 91688F104 23,487 9,488 811 319.0599
2020-11-06 2020-09-30 13F UPWORK COM 91688F104 13,999 -1,322 -8.63 244 10.41 0.0002
2020-08-05 2020-06-30 13F UPWORK COM 91688F104 15,321 15,321 221 0.0002
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.