UPWORK INC

CUSIP: 91688FAB0 Class: Convertible Debt

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
TENOR CAPITAL MANAGEMENT Co., L.P.76,000,000$74,476
CAMDEN ASSET MANAGEMENT L P /CA74,023,000$72,135
LINDEN ADVISORS LP35,244,000$34,414
LAZARD ASSET MANAGEMENT LLC34,400,000$337
ADVENT CAPITAL MANAGEMENT /DE/28,914,000$28,313
DeepCurrents Investment Group LLC28,107,000$27,446
ARISTEIA CAPITAL, L.L.C.13,058,000$12,774
MARSHALL WACE, LLP13,000,000$12,714
Calamos Advisors LLC10,000,000$9,780
ABSOLUTE INVESTMENT ADVISERS, LLC9,890,000$9,660
STATE STREET CORP7,825,000$7,628
OAKTREE CAPITAL MANAGEMENT LP7,038,000$6,885
BlackRock, Inc.4,416,000$4,303
BANK OF AMERICA CORP /DE/3,429,000$3,342
Parallax Volatility Advisers, L.P.2,000,000$1,949
NEW YORK STATE COMMON RETIREMENT FUND1,126,000$1,097
Universal- Beteiligungs- und Servicegesellschaft mbH1,000,000$979
GROUPAMA ASSET MANAGMENT700,000$685
TORONTO DOMINION BANK435,000$425
Altrafin AG6,006$582
K2 PRINCIPAL FUND, L.P.4,000$3,911
Total (21 institutions)350,615,006$313,836