`winget upgrade` V `winget upgrade --all` produces different sets of packages

Brief description of your issue

winget upgrade V winget upgrade --all produces different sets of packages.

Steps to reproduce

Here I run winget upgrade then winget upgrade --all ....

PS C:\Users\john> winget upgrade
Name                 Id                        Version      Available    Source
-------------------------------------------------------------------------------
IrfanView            IrfanSkiljan.IrfanView    4.51         4.58         winget
Microsoft Edge       Microsoft.Edge            97.0.1072.55 97.0.1072.62 winget
PSpad editor         JanFiala.PSpad            4.6.0.2700   5.0.6.589    winget
VeraCrypt            IDRIX.VeraCrypt           1.22         1.25.4       winget
Yubico Authenticator Yubico.Authenticator      3.1.0        5.1.0        winget
Signal               OpenWhisperSystems.Signal 1.27.4       5.27.1       winget
Hue Sync             Philips.HueSync           1.6.1.12     1.7.0.19     winget
7 upgrades available.
PS C:\Users\john> winget upgrade --all
Found IrfanView [IrfanSkiljan.IrfanView] Version 4.58
Found PSpad editor [JanFiala.PSpad] Version 5.0.6.589
Found Signal [OpenWhisperSystems.Signal] Version 5.27.1
Found  [IrfanSkiljan.IrfanView] Version 4.58
This application is licensed to you by its owner.
Microsoft is not responsible for, nor does it grant any licences to, third-party packages.
Downloading https://download.betanews.com/download/967963863-1/iview458_x64_setup.exe
  ██████████████████████████████  3.56 MB / 3.56 MB
Successfully verified installer hash
Starting package install...
Successfully installed    
.... [Other install output omitted]

Expected behavior

The same list of packages.

Actual behavior

Observe that the following packages are listed under winget upgrade but not winget upgrade --all

• Microsoft Edge
• VeraCrypt
• Yubico Authenticator
• Hue Sync

Environment

Windows Package Manager v1.1.13405
Windows: Windows.Desktop v10.0.19043.1466
Package: Microsoft.DesktopAppInstaller v1.16.13405.0

Notes

This issue is separate to #752 (even if it turns out to have a common cause). I also experience #752.

Start by reproducing the reported difference between winget upgrade and winget upgrade --all using the commands and environment details in the issue. Compare the package sets, including Microsoft Edge, VeraCrypt, Yubico Authenticator, and Hue Sync. Done means both commands report the same upgradeable packages, with behavior verified against the reported case.