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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
HAG
76
HighPoint Advisor Group
Illinois
$430K +$1.08K +96 +0.2%
KAS
77
Kestra Advisory Services
Texas
$429K +$27.2K +2,413 +6%
YCM
78
Yousif Capital Management
Michigan
$417K
Cetera Investment Advisers
79
Cetera Investment Advisers
Illinois
$416K -$76.6K -6,796 -15%
MG
80
Marex Group
$395K +$413K +36,651 New
Handelsbanken Fonder
81
Handelsbanken Fonder
Sweden
$388K
ATI
82
ARK & TLK Investments
Oklahoma
$386K +$103K +9,104 +34%
Commonwealth Equity Services
83
Commonwealth Equity Services
Massachusetts
$376K +$258K +22,933 +191%
CAU
84
Caxton Associates (UK)
$355K -$1M -88,878 -73%
GCM
85
Graham Capital Management
Connecticut
$330K +$345K +30,601 New
ASRS
86
Arizona State Retirement System
Arizona
$327K +$7.05K +626 +2%
MSRPS
87
Maryland State Retirement & Pension System
Maryland
$326K
VI
88
Vestcor Inc
New Brunswick, Canada
$324K +$338K +30,039 New
AB
89
Amalgamated Bank
New York
$317K
Cambridge Investment Research Advisors
90
Cambridge Investment Research Advisors
Iowa
$316K +$18K +1,601 +6%
MA
91
Montag & Associates
Georgia
$312K +$267K +23,668 +448%
AQR Capital Management
92
AQR Capital Management
Connecticut
$308K +$32.7K +2,906 +11%
TRSOTSOK
93
Teachers Retirement System of the State of Kentucky
Kentucky
$300K
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$299K
EP
95
Edgestream Partners
New Jersey
$294K +$308K +27,305 New
TCM
96
Triumph Capital Management
Colorado
$288K +$17K +1,512 +6%
COPPSERS
97
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$288K +$21.4K +1,896 +8%
HFS
98
Howard Financial Services
Texas
$274K +$101K +8,993 +55%
OPERF
99
Oregon Public Employees Retirement Fund
Oregon
$257K +$1.13K +100 +0.4%
New York State Teachers Retirement System (NYSTRS)
100
New York State Teachers Retirement System (NYSTRS)
New York
$252K -$117K -10,414 -31%

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.