Should You Buy Two Harbors Investment Corp (TWO)?
Summary
With the smart moneys capital changing hands, there exists a select group of noteworthy hedge fund managers who were adding to their stakes meaningfully (or already accumulated large positions). Since Two Harbors Investment Corp (NYSE:TWO) has experienced declining sentiment from the aggregate hedge fund industry, its safe to say that there is a sect of hedgies who were dropping their full holdings last quarter. At the top of the heap, David Rodriguez-Frailes BlueMar Capital Management sold off the biggest investment of the "upper crust" of funds followed by Insider Monkey, valued at close to $4.9 million in stock. Our calculations showed that top 20 most popular stocks among hedge funds returned 37.4% in 2019 through the end of November and outperformed the S&P 500 ETF (SPY) by 9.9 percentage points. A small number of hedge funds were also right about betting on TWO as the stock returned 10.7% during the fourth quarter (through the end of November) and outperformed the market by an even larger margin.
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