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TWO

Two Harbors Investment

220 hedge funds and large institutions have $915M invested in Two Harbors Investment in 2025 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 70 increasing their positions, 71 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

408% more call options, than puts

Call options by funds: $12.8M | Put options by funds: $2.51M

91% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 22

9% more capital invested

Capital invested by funds: $842M → $915M (+$72.9M)

8% more funds holding

Funds holding: 203220 (+17)

1% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 71

2.72% less ownership

Funds ownership: 68.65%65.93% (-2.7%)

Holders
220
Holders Change
+17
Holders Change %
+8.37%
% of All Funds
2.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
42
Increased
70
Reduced
71
Closed
22
Calls
$12.8M
Puts
$2.51M
Net Calls
+$10.2M
Net Calls Change
+$7.45M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
51
Penserra Capital Management
California
$1.57M +$177K +13,694 +13%
AI
52
AXS Investments
New York
$1.52M +$42.4K +3,276 +3%
GC
53
Guggenheim Capital
Illinois
$1.47M +$51.6K +3,985 +4%
Wells Fargo
54
Wells Fargo
California
$1.31M +$107K +8,245 +9%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$1.29M
XT
56
XTX Topco
Cayman Islands
$1.27M +$1.23M +94,865 New
T. Rowe Price Associates
57
T. Rowe Price Associates
Maryland
$1.23M +$60.8K +4,691 +5%
IIM
58
INTECH Investment Management
Florida
$1.23M +$419K +32,361 +54%
GSEP
59
Golden State Equity Partners
California
$1.11M -$11.9K -921 -1%
Deutsche Bank
60
Deutsche Bank
Germany
$1.11M -$113K -8,754 -10%
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$1.02M -$51.3K -3,961 -5%
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$886K
AG
63
Algert Global
California
$868K
MIM
64
MetLife Investment Management
New Jersey
$818K -$10.4K -802 -1%
SOADOR
65
State of Alaska Department of Revenue
Alaska
$767K -$18.9K -1,459 -2%
ETC
66
Exchange Traded Concepts
Oklahoma
$763K +$740K +57,083 New
RWA
67
Redhawk Wealth Advisors
Minnesota
$740K +$717K +55,360 New
IMRF
68
Illinois Municipal Retirement Fund
Illinois
$728K +$6.67K +515 +1%
CF
69
Corebridge Financial
Texas
$724K -$13.7K -1,061 -2%
Janus Henderson Group
70
Janus Henderson Group
United Kingdom
$700K
Manulife (Manufacturers Life Insurance)
71
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$685K +$25.6K +1,974 +4%
GCP
72
GSA Capital Partners
United Kingdom
$666K +$646K +49,853 New
LSERS
73
Louisiana State Employees Retirement System
Louisiana
$652K -$16.8K -1,300 -3%
FGP
74
Freestone Grove Partners
California
$625K +$606K +46,765 New
Verition Fund Management
75
Verition Fund Management
Connecticut
$622K +$603K +46,568 New

TWO Hedge Fund Activity: Q1 2025 in Review

220 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Two Harbors Investment (TWO) for Q1 2025, worth a combined $915M — up 8.7% from $842M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new TWO positions and 22 closed out — a net gain of 20 holders — while 70 added to existing stakes and 71 trimmed.

The largest buyer was Two Sigma Investments, opening a new position worth an estimated $5.94M. The largest seller was Balyasny Asset Management, cutting an estimated $22.1M.

  • 220 institutional investors held Two Harbors Investment (TWO) as of Q1 2025, up from 203 in Q4 2024.
  • Funds reported $915M of Two Harbors Investment stock for Q1 2025, up 8.7% quarter-over-quarter.
  • 42 funds opened new Two Harbors Investment positions in Q1 2025 and 22 closed out, a net change of +20 holders.
  • The largest Two Harbors Investment buyer in Q1 2025 was Two Sigma Investments, an estimated $5.94M added.
  • The largest Two Harbors Investment seller in Q1 2025 was Balyasny Asset Management, an estimated $22.1M sold.

Based on aggregated 13F filings for Q1 2025.