Ranked by reported Q1 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. | 16.6M | $189.2M | -1.5% | 15.771% | 0.00% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.1M | $69.9M | β | 5.826% | 0.00% |
| 3 | BALYASNY ASSET MANAGEMENT LLC | 4.9M | $56.3M | +126.7% | 4.693% | 0.19% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.7M | $53.1M | β | 4.428% | 0.00% |
| 5 | STATE STREET CORP | 3.9M | $44.9M | +0.5% | 3.746% | 0.00% |
| 6 | Sand Grove Capital Management LLP | 3.1M | $35.3M | β | 2.946% | 8.27% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.5M | $28.3M | -0.2% | 2.360% | 0.00% |
| 8 | MILLENNIUM MANAGEMENT LLC | 2.1M | $24.3M | +29.5% | 2.023% | 0.02% |
| 9 | CNH PARTNERS LLC | 2.0M | $23.1M | +85.7% | 1.924% | 0.38% |
| 10 | Invesco Ltd. | 2.0M | $22.3M | -22.5% | 1.862% | 0.00% |
| 11 | ALLIANCEBERNSTEIN L.P. | 2.1M | $22.1M | +63.9% | 2.008% | 0.01% |
| 12 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.8M | $21.0M | +63.8% | 1.753% | 0.03% |
| 13 | GOLDMAN SACHS GROUP INC | 1.5M | $17.1M | +31.8% | 1.425% | 0.00% |
| 14 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.5M | $16.8M | +123.3% | 1.402% | 0.00% |
| 15 | UBS Group AG | 1.5M | $16.8M | -6.2% | 1.397% | 0.00% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.4M | $15.7M | -1.8% | 1.312% | 0.00% |
| 17 | TIG Advisors, LLC | 1.4M | $15.7M | β | 1.308% | 0.81% |
| 18 | NORTHERN TRUST CORP | 1.2M | $14.0M | +4.2% | 1.164% | 0.00% |
| 19 | MORGAN STANLEY | 1.2M | $13.4M | +23.9% | 1.119% | 0.00% |
| 20 | Vivaldi Asset Management, LLC | 1.1M | $12.4M | +924.9% | 1.031% | 0.65% |
| 21 | HIGHLAND CAPITAL MANAGEMENT FUND ADVISORS, L.P. | 1.0M | $11.9M | β | 0.993% | 0.82% |
| 22 | VICTORY CAPITAL MANAGEMENT INC | 864K | $9.9M | -27.9% | 0.822% | 0.01% |
| 23 | BARCLAYS PLC | 763K | $8.7M | +185.3% | 0.726% | 0.00% |
| 24 | VANGUARD FIDUCIARY TRUST CO | 702K | $8.0M | β | 0.668% | 0.00% |
| 25 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 700K | $8.0M | +180.0% | 0.666% | 0.01% |
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 Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new TWO position in Q1 2026
Institutions that fully closed their TWO position in Q1 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 |
|---|---|---|---|---|---|---|
| Q1 2026 | 225 | +6.6% | 69.98% | +10.78 pp | $907M | +18% |
| Q4 2025 | 211 | +1.0% | 59.20% | +7.29 pp | $767M | +14% |
| Q3 2025 | 209 | +5.0% | 51.91% | 6.52 pp | $673M | 11% |
| Q2 2025 | 199 | 7.4% | 58.43% | 9.14 pp | $757M | 14% |
| Q1 2025 | 215 | +8.0% | 67.57% | +5.43 pp | $876M | +8.7% |
| Q4 2024 | 199 | 4.3% | 62.14% | 4.68 pp | $805M | 7.0% |
| Q3 2024 | 208 | +3.5% | 66.82% | 10.33 pp | $866M | 13% |
| Q2 2024 | 201 | β | 77.15% | β | $1.00B | 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 Q1 2026 13F filings, institutional ownership of Two Harbors Investment Corp. stands at 70.0%, held across 225 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of TWO, with approximately 16,566,640 shares worth $0.19B as of Q1 2026.
Yes β 2 widely-followed marquee investors appear among the top 25 institutional holders of TWO, including MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for TWO is 67 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
57 institutions opened new positions in TWO during Q1 2026, while 43 fully exited. 117 added to existing positions and 48 trimmed.
TWO institutional ownership rose by 10.78 percentage points quarter-over-quarter, with a net change of +14 holders.
The top 10 institutions account for 60.3% of all reported 13F value in TWO, and the top 25 account for 83.6%.
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.
Two Harbors Investment Corp. (TWO) Institutional Ownership