Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Two Harbors Inventment Corpo (TWO)

229 + Investors. Track Smart Money conviction in TWO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
1Q ▲
Buyers last Q
52%

Smart Money Signals — TWO

Based on 230 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TWO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
230 hedge funds hold TWO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

123 buying114 selling
Last quarter: 123 funds bought or added vs 114 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new TWO position: 25 → 40 → 52 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 14% medium ■ 27% new
136 out of 230 hedge funds have held TWO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

46 → 25 → 40 → 52 → 58 new funds/Q
New funds entering each quarter: 25 → 40 → 52 → 58. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 7% 1-2yr ■ 26% new
Of 240 current holders: 161 (67%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds
40 of 230 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TWO

In 2026 Q1, 123 hedge funds were net buyers of TWO (58 opened a new position, 65 added to an existing one), while 114 reduced or exited (76 trimmed, 38 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 33% of total institutional value in TWO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 230.

Hedge Fund Ownership: TWO

How many hedge funds hold TWO — quarterly history vs. share price
Quarterly hedge fund ownership of TWO vs. share price

Market Analysis: TWO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TWO

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Two Harbors Inventment Corpo (TWO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TWO has moved relative to its sector benchmark (XLRE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
TWO
+7.4%
XLRE
+10.5%

TWO outperformed XLRE by -3.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
TWO
-2.7%
XLRE
+4.3%

Since the filing became public, TWO outperformed XLRE by -7.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

20 top-rated funds 1 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: TWO
229 + Investors

Track Smart Money conviction in TWO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 229 210 9.05%
13F Shares 83M 76M 9.01%
Total Value $922M $795M 16.0%
New Positions 57 52 +5
Increased Positions 66 63 +3
Closed Positions 38 52 -14
Reduced Positions 71 72 -1
Total Calls 8 6 33.33%
Total Puts 6 4 50.0%
PUT/CALL Ratio 0.75 0.67 Neutral

Statistics: TWO

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Institutional Holders (2026 Q1)

229 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TWO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TWO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sand Grove Capital Management LLP 7.96% 3,094,787 $35.3M
2 GraniteShares Advisors LLC 1.89% 229,665 $2.6M
3 Harvest Management LLC 1.11% 200,000 $2.3M
4 Slotnik Capital, LLC 1.09% 325,000 $3.7M
5 Nexpoint Asset Management, L.P. 0.80% 1,043,637 $11.9M
6 TIG Advisors, LLC 0.73% 1,374,084 $15.7M
7 First Trust Capital Management L.P. 0.65% 1,082,650 $12.4M
8 Pekin Hardy Strauss, Inc. 0.54% 452,791 $5.2M
9 Alpine Associates Management INC. 0.45% 664,251 $7.6M
10 Melqart Asset Management (UK) Ltd 0.42% 376,970 $4.3M
11 AQR Arbitrage LLC 0.38% 2,021,084 $23.1M
12 Prelude Capital Management, LLC 0.37% 423,103 $4.8M
13 APS Management Group, Inc. 0.30% 30,782 $352K
14 Governors Lane LP 0.24% 329,500 $3.8M
15 GABELLI & Co INVESTMENT ADVISERS, INC. 0.20% 119,385 $1.4M
16 Commons Capital, LLC 0.15% 15,783 $180K
17 Advisors Asset Management, Inc. 0.15% 770,208 $8.8M
18 Gardner Lewis Asset Management L P 0.13% 52,500 $600K
19 Rangeley Capital, LLC 0.11% 10,000 $114K
20 Mariner Investment Group LLC 0.11% 32,776 $374K
21 Ascentis Independent Advisors 0.11% 121,583 $1.4M
22 Credit Industriel Et Commercial 0.08% 93,000 $1.1M
23 Abc Arbitrage SA 0.08% 51,454 $588K
24 Balyasny Asset Management L.P. 0.07% 4,929,421 $56.3M
25 Simplicity Wealth,LLC 0.07% 111,965 $1.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Two Harbors Inventment Corpo (TWO)

What does the Smart Money Trend signal show for TWO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TWO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TWO?

Slight buying edge — 52% buying: Last quarter: 123 funds bought or added vs 114 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TWO holders?

Strong quality — 33% AUM from major funds: 40 of 230 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TWO?

59% of holders stayed for 2+ years: 136 out of 230 hedge funds have held TWO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Two Harbors Inventment Corpo (TWO) following the 2026 Q1 hedge fund 13F filings?

As of today, TWO has moved -2.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.3% for the XLRE sector ETF — an outperformance of -7.0%. Since the quarter end (March 31, 2026), TWO has gained +7.4% vs +10.5% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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