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TWO

Two Harbors Investment

204 hedge funds and large institutions have $777M invested in Two Harbors Investment in 2025 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 74 increasing their positions, 67 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more call options, than puts

Call options by funds: $6.05M | Put options by funds: $3.44M

10% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 67

3.4% more ownership

Funds ownership: 65.93%69.32% (+3.4%)

7% less funds holding

Funds holding: 220204 (-16)

15% less capital invested

Capital invested by funds: $915M → $777M (-$138M)

39% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 38

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
204
Holders Change
-16
Holders Change %
-7.27%
% of All Funds
2.69%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
23
Increased
74
Reduced
67
Closed
38
Calls
$6.05M
Puts
$3.44M
Net Calls
+$2.61M
Net Calls Change
-$7.63M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$1.03M -$12.2K -1,079 -1%
Norges Bank
52
Norges Bank
Norway
$955K -$1.46M -129,210 -59%
Wells Fargo
53
Wells Fargo
California
$950K -$115K -10,194 -10%
ZIM
54
Zacks Investment Management
Illinois
$937K -$2.27M -201,817 -70%
AI
55
AXS Investments
New York
$916K -$327K -29,048 -25%
GSEP
56
Golden State Equity Partners
California
$915K +$18.8K +1,665 +2%
FGP
57
Freestone Grove Partners
California
$914K +$429K +38,074 +81%
IIM
58
INTECH Investment Management
Florida
$913K -$79.6K -7,064 -8%
OSAM
59
O'Shaughnessy Asset Management
Connecticut
$851K +$891K +79,033 New
Thrivent Financial for Lutherans
60
Thrivent Financial for Lutherans
Minnesota
$824K +$3.79K +336 +0.4%
Deutsche Bank
61
Deutsche Bank
Germany
$777K -$122K -10,818 -13%
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$714K
SOADOR
63
State of Alaska Department of Revenue
Alaska
$666K +$49.7K +4,409 +8%
MIM
64
MetLife Investment Management
New Jersey
$659K
ETC
65
Exchange Traded Concepts
Oklahoma
$627K +$12.6K +1,116 +2%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$607K +$367K +32,557 +137%
IMRF
67
Illinois Municipal Retirement Fund
Illinois
$584K -$2.49K -221 -0.4%
SAM
68
Simplify Asset Management
Nevada
$574K +$251K +22,250 +72%
Janus Henderson Group
69
Janus Henderson Group
United Kingdom
$572K
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$548K -$4.52K -401 -0.8%
LSERS
71
Louisiana State Employees Retirement System
Louisiana
$523K -$2.25K -200 -0.4%
Squarepoint
72
Squarepoint
New York
$487K +$509K +45,175 New
State of Tennessee, Department of Treasury
73
State of Tennessee, Department of Treasury
Tennessee
$476K -$1.96K -174 -0.4%
Comerica Bank
74
Comerica Bank
Texas
$452K +$1.01K +90 +0.2%
SSA
75
Schonfeld Strategic Advisors
New York
$447K +$301K +26,738 +181%

TWO Hedge Fund Activity: Q2 2025 in Review

204 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Two Harbors Investment (TWO) for Q2 2025, worth a combined $777M — down 15% from $915M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of TWO and 23 opened new positions — a net loss of 15 holders — while 67 trimmed existing stakes and 74 added.

The largest buyer was Balyasny Asset Management, adding an estimated $33.5M. The largest seller was Amundi, cutting an estimated $8.45M.

  • 204 institutional investors held Two Harbors Investment (TWO) as of Q2 2025, down from 220 in Q1 2025.
  • Funds reported $777M of Two Harbors Investment stock for Q2 2025, down 15% quarter-over-quarter.
  • 23 funds opened new Two Harbors Investment positions in Q2 2025 and 38 closed out, a net change of -15 holders.
  • The largest Two Harbors Investment buyer in Q2 2025 was Balyasny Asset Management, an estimated $33.5M added.
  • The largest Two Harbors Investment seller in Q2 2025 was Amundi, an estimated $8.45M sold.

Based on aggregated 13F filings for Q2 2025.