Two Harbors Investment Corp.
Two Harbors Investment Corp. (TWO) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · TWO · as of Sep 30, 2025
Ownership Breakdown
221
Institutional Holders
▲ 13 vs Q2
$687.39M
Total Inst. Value
▼ $90.24M vs Q2
105.05M
Shares Outstanding
freeFloat 99.01%
69.52M
13F Shares Held
▼ 2.62M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
TWO largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. real estate investment trusts | 16.43M | 15.79% | 15.79% | $162.18B | Nov 12, 2025 | ▼ 208.9K |
VANGUARD GROUP INC real estate investment trusts | 10.99M | 10.56% | 10.56% | $108.45B | Nov 7, 2025 | ▼ 294.2K |
MILLENNIUM MANAGEMENT LLC real estate investment trusts | 4.54M | 4.36% | 4.36% | $44.77B | Nov 14, 2025 | ▲ 1.42M |
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC real estate investment trusts | 4.20M | 4.04% | 4.04% | $42.66B | Oct 20, 2025 | ▼ 1.04M |
STATE STREET CORP real estate investment trusts | 3.92M | 3.77% | 3.77% | $38.72B | Nov 14, 2025 | ▼ 111.5K |
INVESCO LTD. real estate investment trusts | 2.64M | 2.53% | 2.53% | $26.01B | Nov 13, 2025 | ▼ 14.7K |
GEODE CAPITAL MANAGEMENT, LLC real estate investment trusts | 2.46M | 2.37% | 2.37% | $24.32B | Nov 12, 2025 | ▼ 19.0K |
BALYASNY ASSET MANAGEMENT L.P. real estate investment trusts | 1.91M | 1.83% | 1.83% | $18.83B | Nov 14, 2025 | ▼ 1.68M |
ALGEBRIS (UK) LTD real estate investment trusts | 1.78M | 1.71% | 1.71% | $17.56B | Oct 31, 2025 | NEW |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC real estate investment trusts | 1.40M | 1.34% | 1.34% | $13.80B | Nov 10, 2025 | ▼ 60.8K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
21
Increased
+2.86M shares4
New Positions
first time holders22
Decreased
−4.88M shares0
Sold Out
fully exitedNet shares change (top 50)
2.02M
+2.86M / −4.88M
Net new holders
+3
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
TWO insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
2
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
KASNET STEPHEN G director | May 15, 2026 | Sale | 7,034 | $12.57 | $88.4K | 96.0K | Form 4 ↗ |
Abraham Spencer director | May 15, 2026 | Sale | 4,522 | $12.57 | $56.9K | 35.0K | Form 4 ↗ |
Halm Jillian Chief Accounting Officer | Jan 15, 2026 | Sale | 379 | $13.18 | $5.0K | 18.8K | Form 4 ↗ |
Halm Jillian Chief Accounting Officer | Jan 12, 2026 | Award | 1,847 | — | — | 21.0K | Form 4 ↗ |
Halm Jillian Chief Accounting Officer | Jan 12, 2026 | Sale | 1,744 | $12.25 | $21.4K | 19.2K | Form 4 ↗ |
Campbell James D EVP Servicing Ops RoundPoint | Jan 12, 2026 | Sale | 1,692 | $12.39 | $21.0K | 37.1K | Form 4 ↗ |
BOUCHER NATHAN EVP General Counsel RoundPoint | Jan 9, 2026 | Sale | 601 | $12.37 | $7.4K | 27.9K | Form 4 ↗ |
BOUCHER NATHAN EVP General Counsel RoundPoint | Jan 12, 2026 | Sale | 666 | $12.25 | $8.2K | 27.2K | Form 4 ↗ |
Sandberg Rebecca B Chief Legal Officer | Jan 7, 2026 | Award | 81,699 | — | — | 238.4K | Form 4 ↗ |
RUSH ROBERT Chief Risk Officer | Jan 7, 2026 | Award | 44,351 | — | — | 142.6K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Two Harbors Investment Corp. (TWO) is primarily owned by institutional investors, who hold approximately 66.2% of total shares outstanding. Company insiders own approximately 0.99%, while retail and public investors account for the remaining 32.83%.
The largest institutional shareholder of Two Harbors Investment Corp. is BLACKROCK, INC., holding approximately 16.43 million shares — equal to 15.79% of outstanding shares — as of September 30, 2025.
A total of 221 institutional investors currently hold TWO stock, with a combined institutional value of approximately $687,386,423 as of the most recent 13F filing period.
Frequently asked questions
TWO ownershipTwo Harbors Investment Corp. (TWO) is primarily owned by institutional investors, who hold approximately 66.2% of shares. The largest shareholder is BLACKROCK, INC. with a 15.79% stake. Company insiders hold 0.99%. Data sourced from SEC Form 13F as of September 30, 2025.