US Treasury 2 Year Note ETF
UTWO
61 hedge funds and large institutions have $164M invested in US Treasury 2 Year Note ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 8 closing their positions.
67% more capital inflows, than outflows
Capital inflows: $30.8M | Capital outflows: $18.5M
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1.77% more ownership
Funds ownership: 40.61% → 42.38% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
2% less funds holding
Funds holding: 62 → 61 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.11M |
| 2 |
Luminist Capital
Grand Rapids,
Michigan
|
+$4.52M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.42M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$3.05M |
| 5 |
KDA
Kraft Davis & Associates
St. Louis,
Missouri
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Central Pacific Bank - Trust Division
Honolulu,
Hawaii
|
-$5.6M |
| 2 |
F/M Investments
Washington,
District of Columbia
|
-$3.19M |
| 3 |
Empirical Asset Management
Wellesley,
Massachusetts
|
-$3.11M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.01M |
| 5 |
Ritholtz Wealth Management
New York
|
-$565K |
UTWO Hedge Fund Activity: Q3 2025 in Review
61 of the 7,658 institutional investors tracked by Wall St. Rank reported a position in US Treasury 2 Year Note ETF (UTWO) for Q3 2025, worth a combined $164M — up 6.3% from $154M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new UTWO positions and 8 closed out — a net gain of 1 holder — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.11M. The largest seller was Central Pacific Bank - Trust Division, cutting an estimated $5.6M.
- 61 institutional investors held US Treasury 2 Year Note ETF (UTWO) as of Q3 2025, down from 62 in Q2 2025.
- Funds reported $164M of US Treasury 2 Year Note ETF stock for Q3 2025, up 6.3% quarter-over-quarter.
- 9 funds opened new US Treasury 2 Year Note ETF positions in Q3 2025 and 8 closed out, a net change of +1 holder.
- The largest US Treasury 2 Year Note ETF buyer in Q3 2025 was Morgan Stanley, an estimated $6.11M added.
- The largest US Treasury 2 Year Note ETF seller in Q3 2025 was Central Pacific Bank - Trust Division, an estimated $5.6M sold.
Based on aggregated 13F filings for Q3 2025.