US Treasury 2 Year Note ETF
UTWO
67 hedge funds and large institutions have $177M invested in US Treasury 2 Year Note ETF in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
14% more funds holding
Funds holding: 59 → 67 (+8)
8% more capital invested
Capital invested by funds: $163M → $177M (+$13.4M)
2.56% more ownership
Funds ownership: 42.19% → 44.76% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.81M |
| 3 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$2.39M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$1.34M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.39M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$1.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.07M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$871K |
| 5 |
LPL Financial
San Diego,
California
|
-$821K |
UTWO Hedge Fund Activity: Q4 2025 in Review
67 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in US Treasury 2 Year Note ETF (UTWO) for Q4 2025, worth a combined $177M — up 8.2% from $163M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UTWO positions and 7 closed out — a net gain of 8 holders — while 22 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.7M. The largest seller was Jane Street, exiting entirely with an estimated $1.39M sold.
- 67 institutional investors held US Treasury 2 Year Note ETF (UTWO) as of Q4 2025, up from 59 in Q3 2025.
- Funds reported $177M of US Treasury 2 Year Note ETF stock for Q4 2025, up 8.2% quarter-over-quarter.
- 15 funds opened new US Treasury 2 Year Note ETF positions in Q4 2025 and 7 closed out, a net change of +8 holders.
- The largest US Treasury 2 Year Note ETF buyer in Q4 2025 was Morgan Stanley, an estimated $4.7M added.
- The largest US Treasury 2 Year Note ETF seller in Q4 2025 was Jane Street, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2025.