Upwork Inc.
DE ˙ DB ˙ US91688F1049
7,40 € ↑0,13 (1,82%)
2026-06-05
DEL PRIS
SecurityDE:UP2 / Upwork Inc.
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership444,159 shares
Latest Disclosed Value $ 4,867,983
Victory Capital Management Inc reports 171.61% increase in ownership of UP2 / Upwork Inc.

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 444,159 shares of Upwork Inc. (DE:UP2) valued at $4,099,588 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 163,526 shares of Upwork Inc.. This represents a change in shares of 171.61% during the quarter. The current value of the position is $3,285,000 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)
2026-05-15 2026-03-31 13F UPWORK COM 91688F104 444,159 280,633 171.61 4,868 50.17 0.0023
2026-02-13 2025-12-31 13F UPWORK COM 91688F104 163,526 -16,087 -8.96 3,241 -2.82 0.0018
2025-11-12 2025-09-30 13F UPWORK COM 91688F104 179,613 37,010 25.95 3,335 74.06 0.0020
2025-08-13 2025-06-30 13F UPWORK COM 91688F104 142,603 10,748 8.15 1,917 11.40 0.0012
2025-05-02 2025-03-31 13F UPWORK COM 91688F104 131,855 49,036 59.21 1,721 27.03 0.0018
2025-02-06 2024-12-31 13F UPWORK COM 91688F104 82,819 -34,080 -29.15 1,354 10.89 0.0013
2024-11-05 2024-09-30 13F UPWORK COM 91688F104 116,899 66,842 133.53 1,222 126.95 0.0012
2024-08-05 2024-06-30 13F UPWORK COM 91688F104 50,057 29,033 138.09 538 109.34 0.0005
2024-05-03 2024-03-31 13F UPWORK COM 91688F104 21,024 4,824 29.78 258 7.08 0.0003
2024-02-05 2023-12-31 13F UPWORK COM 91688F104 16,200 3,156 24.20 241 62.16 0.0003
2023-11-06 2023-09-30 13F UPWORK COM 91688F104 13,044 425 3.37 148 26.50 0.0002
2023-07-27 2023-06-30 13F UPWORK COM 91688F104 12,619 -295 -2.28 118 -19.86 0.0001
2023-05-02 2023-03-31 13F UPWORK COM 91688F104 12,914 26 0.20 146 8.96 0.0002
2023-04-25 2022-12-31 13F/A-3 UPWORK COM 91688F104 12,888 -7 -0.05 135 -23.86 0.0002
2023-03-10 2022-12-31 13F/A-2 UPWORK COM 91688F104 12,888 -7 135 0.0001
2023-02-10 2022-12-31 13F/A-1 UPWORK COM 91688F104 12,888 -7 135 0.0001
2023-02-09 2022-12-31 13F UPWORK COM 91688F104 12,772 -123 166 0.0001
2022-11-02 2022-09-30 13F UPWORK COM 91688F104 12,895 -2,951 -18.62 176 -46.34 0.0002
2022-08-01 2022-06-30 13F UPWORK COM 91688F104 15,846 -54 -0.34 328 -1.50 0.0004
2022-05-04 2022-03-31 13F UPWORK COM 91688F104 15,900 44 0.28 333 -38.56 0.0003
2022-02-07 2021-12-31 13F UPWORK COM 91688F104 15,856 -10,358 -39.51 542 -54.07 0.0005
2021-11-02 2021-09-30 13F UPWORK COM 91688F104 26,214 -8,887 -25.32 1,180 -42.33 0.0012
2021-08-03 2021-06-30 13F UPWORK COM 91688F104 35,101 8,055 29.78 2,046 68.95 0.0020
2021-05-04 2021-03-31 13F UPWORK COM 91688F104 27,046 9,050 50.29 1,211 95.01 0.0012
2021-02-01 2020-12-31 13F UPWORK COM 91688F104 17,996 3,272 22.22 621 141.63 0.0007
2020-11-09 2020-09-30 13F Upwork COM 91688F104 14,724 10 0.07 257 21.23 0.0003
2020-08-07 2020-06-30 13F UPWORK COM 91688F104 14,714 -250 -1.67 212 118.56 0.0003
2020-05-12 2020-03-31 13F/A-1 UPWORK COM 91688F104 14,964 464 3.20 97 -37.42 0.0002
2020-05-04 2020-03-31 13F UPWORK COM 91688F104 14,964 464 97 106.1566
2020-02-06 2019-12-31 13F/A-1 UPWORK COM 91688F104 14,500 5,238 56.55 155 26.02 0.0002
2020-02-04 2019-12-31 13F UPWORK COM 91688F104 13,894 4,632 128 153.4324
2019-11-12 2019-09-30 13F UPWORK COM 91688F104 9,262 9,262 123 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.