Upwork Inc.
MX ˙ BMV ˙ US91688F1049
SecurityMX:UPWK / Upwork Inc.
InstitutionLegal & General Group Plc
Latest Disclosed Ownership300,538 shares
Latest Disclosed Value $ 3,293,895
Legal & General Group Plc reports 9.72% decrease in ownership of UPWK / Upwork Inc.

On May 8, 2026 - Legal & General Group Plc filed a 13F-HR form disclosing ownership of 300,538 shares of Upwork Inc. (MX:UPWK) valued at $3,293,895 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 332,884 shares of Upwork Inc.. This represents a change in shares of -9.72% during the quarter.

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)
2026-05-08 2026-03-31 13F UPWORK COM 91688F104 300,538 -32,346 -9.72 3,294 -50.08 0.0004
2026-02-09 2025-12-31 13F UPWORK COM 91688F104 332,884 186,081 126.76 6,598 142.00 0.0015
2025-11-13 2025-09-30 13F UPWORK COM 91688F104 146,803 -9,122 -5.85 2,726 30.12 0.0006
2025-08-12 2025-06-30 13F UPWORK COM 91688F104 155,925 17,618 12.74 2,096 16.13 0.0005
2025-05-15 2025-03-31 13F UPWORK COM 91688F104 138,307 -134 -0.10 1,805 -20.28 0.0005
2025-02-13 2024-12-31 13F UPWORK COM 91688F104 138,441 7,041 5.36 2,264 64.82 0.0006
2025-02-28 2024-09-30 13F/A-2 UPWORK COM 91688F104 131,400 14,755 12.65 1,373 9.58 0.0004
2024-11-14 2024-09-30 13F/A-1 UPWORK COM 91688F104 140,335 14,755 1,466 0.0003
2024-11-14 2024-09-30 13F UPWORK COM 91688F104 140,335 14,755 1,466 0.0002
2025-05-29 2024-06-30 13F/A-1 UPWORK COM 91688F104 116,645 686 0.59 1,254 -11.82 0.0004
2024-08-14 2024-06-30 13F UPWORK COM 91688F104 125,580 9,621 1,350 0.0003
2025-05-29 2024-03-31 13F/A-2 UPWORK COM 91688F104 115,959 -532 -0.46 1,422 -17.96 0.0004
2024-07-01 2024-03-31 13F/A-1 UPWORK COM 91688F104 115,959 -532 1,422 0.0003
2024-05-14 2024-03-31 13F UPWORK COM 91688F104 115,959 -532 1,422 0.0002
2025-05-29 2023-12-31 13F/A-1 UPWORK COM 91688F104 116,491 2,377 2.08 1,732 33.64 0.0005
2024-02-15 2023-12-31 13F UPWORK COM 91688F104 116,491 2,377 1,732 0.0004
2023-11-14 2023-09-30 13F UPWORK COM 91688F104 114,114 2,502 2.24 1,296 24.38 0.0005
2023-08-14 2023-06-30 13F UPWORK COM 91688F104 111,612 374 0.34 1,042 -17.24 0.0003
2023-05-15 2023-03-31 13F UPWORK COM 91688F104 111,238 2,692 2.48 1,259 11.12 0.0005
2023-02-14 2022-12-31 13F UPWORK COM 91688F104 108,546 1,330 1.24 1,133 -22.45 0.0004
2022-11-14 2022-09-30 13F UPWORK COM 91688F104 107,216 -1,582 -1.45 1,461 -35.07 0.0006
2022-08-22 2022-06-30 13F UPWORK COM 91688F104 108,798 4,425 4.24 2,250 -7.25 0.0008
2022-05-16 2022-03-31 13F UPWORK COM 91688F104 104,373 376 0.36 2,426 -31.72 0.0007
2022-02-14 2021-12-31 13F UPWORK COM 91688F104 103,997 6,405 6.56 3,553 -19.14 0.0011
2021-11-15 2021-09-30 13F UPWORK COM 91688F104 97,592 26,471 37.22 4,394 5.98 0.0014
2021-08-12 2021-06-30 13F UPWORK COM 91688F104 71,121 13,503 23.44 4,146 60.70 0.0014
2021-05-17 2021-03-31 13F UPWORK COM 91688F104 57,618 1,226 2.17 2,580 32.51 0.0010
2021-02-12 2020-12-31 13F UPWORK COM 91688F104 56,392 56,392 1,947 0.0008
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.