Upwork Inc.
US ˙ NasdaqGS ˙ US91688F1049

SecurityUPWK / Upwork Inc.
InstitutionFranklin Resources Inc
Latest Disclosed Ownership373,536 shares
Latest Disclosed Value $ 4,093,954
Franklin Resources Inc reports 35.94% increase in ownership of UPWK / Upwork Inc.

On May 13, 2026 - Franklin Resources Inc filed a 13F-HR form disclosing ownership of 373,536 shares of Upwork Inc. (US:UPWK) valued at $4,093,955 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 274,780 shares of Upwork Inc.. This represents a change in shares of 35.94% during the quarter. The current value of the position is $3,197,468 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)
2026-05-13 2026-03-31 13F UPWORK COM 91688F104 373,536 98,756 35.94 4,094 -24.84 0.0002
2026-02-11 2025-12-31 13F UPWORK COM 91688F104 274,780 248 0.09 5,446 6.83 0.0013
2025-11-13 2025-09-30 13F UPWORK COM 91688F104 274,532 38,520 16.32 5,098 60.72 0.0013
2025-08-12 2025-06-30 13F UPWORK COM 91688F104 236,012 -13,321 -5.34 3,172 -2.49 0.0008
2025-05-13 2025-03-31 13F UPWORK COM 91688F104 249,333 12,666 5.35 3,254 -15.92 0.0009
2025-02-12 2024-12-31 13F UPWORK COM 91688F104 236,667 -21,573 -8.35 3,870 43.83 0.0011
2024-11-27 2024-09-30 13F/A-1 UPWORK COM 91688F104 258,240 -6,987 -2.63 2,691 -5.65 0.0008
2024-11-12 2024-09-30 13F UPWORK COM 91688F104 258,240 -6,987 2,691 0.0001
2024-08-14 2024-06-30 13F UPWORK COM 91688F104 265,227 16,437 6.61 2,851 -6.52 0.0009
2024-05-13 2024-03-31 13F UPWORK COM 91688F104 248,790 206,426 487.27 3,050 384.90 0.0010
2024-02-09 2023-12-31 13F UPWORK COM 91688F104 42,364 38,982 1,152.63 630 1,555.26 0.0003
2023-11-13 2023-09-30 13F UPWORK COM 91688F104 3,382 -55,506 -94.26 38 -93.09 0.0000
2023-08-11 2023-06-30 13F UPWORK COM 91688F104 58,888 56,653 2,534.81 550 2,100.00 0.0003
2023-05-12 2023-03-31 13F UPWORK COM 91688F104 2,235 2,108 1,659.84 25 2,400.00 0.0000
2023-02-10 2022-12-31 13F UPWORK COM 91688F104 127 -328 -72.09 1 -83.33 0.0000
2022-11-14 2022-09-30 13F UPWORK COM 91688F104 455 455 6 0.0000
2022-05-13 2022-03-31 13F UPWORK COM 91688F104 0 -8,366 -100.00 0 -100.00
2022-02-11 2021-12-31 13F UPWORK COM 91688F104 8,366 8,366 285 0.0001
2020-05-13 2020-03-31 13F UPWORK COM 91688F104 0 -4,763,670 -100.00 0 -100.00
2020-03-11 2019-12-31 13F/A-1 UPWORK COM 91688F104 4,763,670 -1,045,946 -18.00 50,829 -34.24 0.0267
2020-02-12 2019-12-31 13F UPWORK COM 91688F104 4,763,670 -1,045,946 50,829 6,420.3986
2019-11-14 2019-09-30 13F UPWORK COM 91688F104 5,809,616 1,067,754 22.52 77,297 1.37 0.0420
2019-08-14 2019-06-30 13F UPWORK COM 91688F104 4,741,862 4,287,962 944.69 76,250 777.75 0.0406
2019-05-15 2019-03-31 13F/A-1 UPWORK COM 91688F104 453,900 414,900 1,063.85 8,687 1,130.45 0.0047
2019-05-14 2019-03-31 13F UPWORK COM 91688F104 453,900 414,900 8,687
2019-02-12 2018-12-31 13F UPWORK COM 91688F104 39,000 39,000 706 0.0004
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.