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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
ProShare Advisors
101
ProShare Advisors
Maryland
$251K -$12.9K -1,142 -5%
PFSRSONJ
102
Police & Firemen's Retirement System of New Jersey
New Jersey
$246K
I
103
InceptionR
California
$228K +$238K +21,134 New
Stifel Financial
104
Stifel Financial
Missouri
$215K -$12.1K -1,076 -5%
DTL
105
Dynamic Technology Lab
Singapore
$213K +$223K +19,788 New
KK
106
KLP Kapitalforvaltning
Norway
$206K
SO
107
STRS Ohio
Ohio
$206K
Bank of Montreal
108
Bank of Montreal
Ontario, Canada
$196K +$28.3K +2,512 +16%
Zurich Cantonal Bank
109
Zurich Cantonal Bank
Switzerland
$195K
Nisa Investment Advisors
110
Nisa Investment Advisors
Missouri
$193K -$274K -24,351 -58%
Amundi
111
Amundi
France
$188K -$8.45M -749,652 -98%
Pictet Asset Management
112
Pictet Asset Management
Switzerland
$179K -$51.1K -4,534 -21%
LFS
113
Legacy Financial Strategies
Kansas
$171K
Teacher Retirement System of Texas
114
Teacher Retirement System of Texas
Texas
$170K +$7.25K +643 +4%
KPWS
115
Kestra Private Wealth Services
Texas
$162K +$12.6K +1,118 +8%
ZIG
116
Zullo Investment Group
Pennsylvania
$152K -$15.7K -1,396 -9%
AFG
117
American Financial Group
Ohio
$150K
MOACM
118
Mutual of America Capital Management
New York
$144K -$19.5K -1,735 -11%
Osaic Holdings
119
Osaic Holdings
Arizona
$142K +$14.7K +1,309 +11%
Janney Montgomery Scott
120
Janney Montgomery Scott
Pennsylvania
$141K +$148K +13,129 New
CWM
121
CIBC World Markets
New York
$139K -$115K -10,172 -44%
HighTower Advisors
122
HighTower Advisors
Illinois
$139K -$10.3K -910 -7%
MI
123
Motiv8 Investments
Florida
$132K +$1.25K +111 +0.9%
TRCT
124
Tower Research Capital (TRC)
New York
$131K +$64.5K +5,720 +88%
Group One Trading
125
Group One Trading
Illinois
$124K +$130K +11,510 New

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.