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TWOA

two

Delisted

TWOA was delisted on the 27th of March, 2024.

44 hedge funds and large institutions have $170M invested in two in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% less capital invested

Capital invested by funds: $205M → $170M (-$35M)

24% less funds holding

Funds holding: 5844 (-14)

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

61% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 23

Holders
44
Holders Change
-14
Holders Change %
-24.14%
% of All Funds
0.7%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
6
Reduced
9
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFM
26
Boothbay Fund Management
New York
$1.97M +$1.95M +191,964 New
Toronto Dominion Bank
27
Toronto Dominion Bank
Ontario, Canada
$1.61M
AA
28
AQR Arbitrage
Connecticut
$1.46M -$2.59M -254,401 -64%
DC
29
Diametric Capital
Massachusetts
$1.28M +$1.27M +125,000 New
CS
30
Clear Street
New York
$1.08M +$1.07M +105,149 New
Bank of America
31
Bank of America
North Carolina
$1.02M
TCM
32
Tenor Capital Management
New York
$1.02M
CM
33
Cohanzick Management
New York
$843K
DCM
34
Dupont Capital Management
Delaware
$769K
Goldman Sachs
35
Goldman Sachs
New York
$674K
DIG
36
DeepCurrents Investment Group
New York
$462K -$1.12M -109,935 -71%
Verition Fund Management
37
Verition Fund Management
Connecticut
$462K
Bank of Nova Scotia
38
Bank of Nova Scotia
Ontario, Canada
$410K
PSC
39
Piper Sandler & Co
Minnesota
$256K
SFM
40
Spartan Fund Management
Canada
$256K -$160K -15,723 -39%
CSS
41
Cubist Systematic Strategies
Connecticut
$228K +$226K +22,256 New
WCMNY
42
Westchester Capital Management (New York)
New York
$194K +$141K +13,893 +269%
UBS Group
43
UBS Group
Switzerland
$6.86K -$34.4K -3,383 -83%
Osaic Holdings
44
Osaic Holdings
Arizona
$5.06K
SC
45
Sculptor Capital
New York
-$17.8M -1,764,069 Closed
AC
46
Aristeia Capital
Connecticut
-$12.3M -1,219,707 Closed
Millennium Management
47
Millennium Management
New York
-$10.7M -1,059,001 Closed
KL
48
KIM LLC
Kansas
-$6.94M -688,569 Closed
Marshall Wace
49
Marshall Wace
United Kingdom
-$6.25M -620,975 Closed
MF
50
Magnetar Financial
Illinois
-$5.47M -542,000 Closed

TWOA Hedge Fund Activity: Q1 2023 in Review

44 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in two (TWOA) for Q1 2023, worth a combined $170M — down 17% from $205M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of TWOA and 9 opened new positions — a net loss of 14 holders — while 9 trimmed existing stakes and 6 added.

The largest buyer was First Trust Capital Management, adding an estimated $19.4M. The largest seller was Sculptor Capital, exiting entirely with an estimated $17.8M sold.

  • 44 institutional investors held two (TWOA) as of Q1 2023, down from 58 in Q4 2022.
  • Funds reported $170M of two stock for Q1 2023, down 17% quarter-over-quarter.
  • 9 funds opened new two positions in Q1 2023 and 23 closed out, a net change of -14 holders.
  • The largest two buyer in Q1 2023 was First Trust Capital Management, an estimated $19.4M added.
  • The largest two seller in Q1 2023 was Sculptor Capital, an estimated $17.8M sold.

Based on aggregated 13F filings for Q1 2023.