Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in TWO held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 17.1M | $211.7M | +3.0% | 16.238% | 0.00% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.2M | $76.8M | +1.1% | 5.889% | 0.00% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 4.7M | $57.8M | +0.1% | 4.433% | 0.00% |
| 4 | Sand Grove Capital Management LLP | 4.5M | $55.8M | +45.2% | 4.279% | 14.56% |
| 5 | STATE STREET CORP | 4.2M | $51.7M | +6.0% | 3.969% | 0.00% |
| 6 | AQR Arbitrage LLC | 3.1M | $38.4M | +53.1% | 2.946% | 0.55% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.7M | $33.9M | +10.3% | 2.603% | 0.00% |
| 8 | BANK OF AMERICA CORP /DE/ | 2.0M | $25.0M | +200.6% | 1.918% | 0.00% |
| 9 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.9M | $23.5M | +2.9% | 1.803% | 0.03% |
| 10 | Walleye Trading LLC | 1.8M | $22.6M | +205.5% | 1.730% | 0.03% |
| 11 | GOLDMAN SACHS GROUP INC | 1.8M | $22.2M | +19.7% | 1.707% | 0.00% |
| 12 | Squarepoint Ops LLC | 1.7M | $21.7M | +310.6% | 1.665% | 0.02% |
| 13 | MILLENNIUM MANAGEMENT LLC | 1.6M | $19.4M | -26.4% | 1.490% | 0.01% |
| 14 | Invesco Ltd. | 1.5M | $18.8M | -22.7% | 1.440% | 0.00% |
| 15 | ALLIANCEBERNSTEIN L.P. | 1.6M | $18.0M | -25.3% | 1.501% | 0.01% |
| 16 | NORTHERN TRUST CORP | 1.3M | $16.0M | +5.3% | 1.225% | 0.00% |
| 17 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.3M | $15.7M | -8.3% | 1.203% | 0.00% |
| 18 | Melqart Asset Management (UK) Ltd | 1.2M | $14.9M | +218.7% | 1.144% | 1.42% |
| 19 | Qube Research & Technologies Ltd | 1.1M | $14.2M | β | 1.091% | 0.01% |
| 20 | Governors Lane LP | 1.1M | $13.3M | +225.4% | 1.021% | 1.11% |
| 21 | VICTORY CAPITAL MANAGEMENT INC | 1.0M | $12.9M | +20.4% | 0.991% | 0.01% |
| 22 | VAN ECK ASSOCIATES CORP | 977K | $12.1M | -11.1% | 0.930% | 0.01% |
| 23 | UBS Group AG | 965K | $12.0M | -34.3% | 0.918% | 0.00% |
| 24 | BOOTHBAY FUND MANAGEMENT, LLC | 888K | $11.0M | +138.5% | 0.846% | 0.15% |
| 25 | MORGAN STANLEY | 864K | $10.7M | -26.6% | 0.822% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in TWO β a direct measure of their conviction.
Filings activity in TWO during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new TWO position in Q2 2026
Institutions that fully closed their TWO position in Q2 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 236 | +1.7% | 80.24% | +2.10 pp | $1.03B | +12% |
| Q1 2026 | 232 | +8.9% | 78.14% | +6.12 pp | $915M | +19% |
| Q4 2025 | 213 | +1.4% | 72.02% | +5.06 pp | $770M | +14% |
| Q3 2025 | 210 | +5.5% | 66.96% | 2.12 pp | $674M | 11% |
| Q2 2025 | 199 | 7.4% | 69.08% | +4.18 pp | $757M | 14% |
| Q1 2025 | 215 | +8.0% | 64.90% | 2.45 pp | $876M | +8.7% |
| Q4 2024 | 199 | 4.3% | 67.35% | +4.98 pp | $805M | 7.0% |
| Q3 2024 | 208 | β | 62.37% | β | $866M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying TWO stock.
Based on Q2 2026 13F filings, institutional ownership of Two Harbors Investment Corp. stands at 80.2%, held across 236 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of TWO, with approximately 17,057,600 shares worth $0.21B as of Q2 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of TWO, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for TWO is 59 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
34 institutions opened new positions in TWO during Q2 2026, while 32 fully exited. 149 added to existing positions and 43 trimmed.
TWO institutional ownership rose by 2.10 percentage points quarter-over-quarter, with a net change of +4 holders.
The top 10 institutions account for 58.1% of all reported 13F value in TWO, and the top 25 account for 80.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.