Upwork Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:UP2 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
29 May 24	Sell€11,605	Dave Bottoms	Individual		1,163	€9.98
05 Dec 23	Sell€191,339	Gary Steele	Individual		15,000	€12.76

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of UP2?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	7,339,684	5.56%
Individual Insiders	9,597,136	7.27%
General Public	18,531,396	14%
Institutions	96,538,460	73.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.39% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.4%	The Vanguard Group, Inc.	16,330,880	€191.1m	2.09%	no data
7.52%	BlackRock, Inc.	9,927,892	€116.1m	5.31%	no data
5.56%	Ancient Art, L.P.	7,339,684	€85.9m	40.5%	13.66%
2.74%	Baillie Gifford & Co.	3,617,011	€42.3m	-18.7%	0.02%
2.52%	Divisadero Street Capital Management, LP	3,320,912	€38.9m	32.9%	5.16%
2.49%	State Street Global Advisors, Inc.	3,283,422	€38.4m	10.2%	no data
2.19%	Geode Capital Management, LLC	2,890,892	€33.8m	1.7%	no data
2.17%	Gregory Gretsch	2,858,787	€33.4m	0.58%	no data
2.07%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	2,727,762	€31.9m	11.8%	0.01%
2.06%	Dorsey Asset Management LLC	2,725,293	€31.9m	-1.27%	2.61%
2%	Kevin Harvey	2,641,821	€30.9m	0.62%	no data
1.81%	Capital Research and Management Company	2,385,553	€27.9m	0%	no data
1.59%	Thomas Layton	2,096,809	€24.5m	0.48%	no data
1.58%	Allianz Asset Management GmbH	2,083,152	€24.4m	0%	0.01%
1.57%	Invenomic Capital Management LP	2,074,338	€24.3m	115%	1.98%
1.55%	T. Rowe Price Group, Inc.	2,048,150	€24.0m	1,520%	no data
1.39%	Renaissance Technologies LLC	1,838,200	€21.5m	-1.6%	0.03%
1.39%	Atomvest Limited	1,831,516	€21.4m	0%	27.65%
1.37%	Dimensional Fund Advisors LP	1,806,969	€21.1m	27.4%	no data
1.3%	Two Sigma Investments, LP	1,711,852	€20.0m	-30.9%	0.04%
1.24%	Acadian Asset Management LLC	1,635,602	€19.1m	71%	0.04%
1.08%	Bares Capital Management, Inc.	1,425,000	€16.7m	33.2%	0.79%
1.04%	Two Sigma Advisers, LP	1,371,100	€16.0m	-30.8%	0.03%
0.91%	Millennium Management LLC	1,206,181	€14.1m	-2.51%	0.01%
0.89%	Hayden Brown	1,178,850	€13.8m	1.27%	no data