Two Harbors Investment
214 hedge funds and large institutions have $687M invested in Two Harbors Investment in 2025 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 63 increasing their positions, 64 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
5% more funds holding
Funds holding: 204 → 214 (+10)
2% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 64
2.59% less ownership
Funds ownership: 69.32% → 66.73% (-2.6%)
12% less capital invested
Capital invested by funds: $777M → $687M (-$90.2M)
35% less call options, than puts
Call options by funds: $5.39M | Put options by funds: $8.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AU
Algebris (UK)
London,
United Kingdom
|
+$17.9M |
| 2 |
Millennium Management
New York
|
+$14.3M |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$5.43M |
| 4 |
Jane Street
New York
|
+$2.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$21.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16.9M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$10.4M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.12M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$4.46M |
TWO Hedge Fund Activity: Q3 2025 in Review
214 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Two Harbors Investment (TWO) for Q3 2025, worth a combined $687M — down 12% from $777M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TWO positions and 28 closed out — a net gain of 13 holders — while 63 added to existing stakes and 64 trimmed.
The largest buyer was Algebris (UK), opening a new position worth an estimated $17.9M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $21.2M sold.
- 214 institutional investors held Two Harbors Investment (TWO) as of Q3 2025, up from 204 in Q2 2025.
- Funds reported $687M of Two Harbors Investment stock for Q3 2025, down 12% quarter-over-quarter.
- 41 funds opened new Two Harbors Investment positions in Q3 2025 and 28 closed out, a net change of +13 holders.
- The largest Two Harbors Investment buyer in Q3 2025 was Algebris (UK), an estimated $17.9M added.
- The largest Two Harbors Investment seller in Q3 2025 was Massachusetts Financial Services, an estimated $21.2M sold.
Based on aggregated 13F filings for Q3 2025.