Allspring Reports 4.0% Stake in Two Harbors (TWO)

Rhea-AI Filing Summary

Allspring Global Investments Holdings, LLC filed an amendment to a Schedule 13G reporting ownership in Two Harbors Investment Corp common shares. The filing states Allspring beneficially owns 4,203,377 shares, representing 4.0% of the class. It reports sole voting power over 4,066,301 shares and sole dispositive power over 4,203,377 shares, with no shared voting or dispositive power. The securities are held for clients of Allspring-affiliated investment advisers and were acquired in the ordinary course of business, not to influence control. The filing is signed by a Senior Compliance Manager on 10/08/2025.

Positive

• Clear disclosure of beneficial ownership: 4,203,377 shares (4.0%)
• Sole dispositive power reported for all beneficial shares, enabling direct disposition

Negative

• Stake remains below the 5.0% threshold commonly seen as more influential
• No shared voting or dispositive partners listed, which may limit coalition influence

Insights

Institutional Ownership Analyst

Allspring reports a passive 4.0% stake in Two Harbors with sole control over disposition.

The filing shows Allspring beneficially owns 4,203,377 shares and has sole dispositive power, meaning it can direct sales for those shares. Sole voting power of 4,066,301 shares indicates voting influence on most, but not all, of its beneficial holdings.

This position is below the 5.0% reporting threshold that often triggers heightened market scrutiny; the filing states the holdings are for clients of affiliated advisers and were acquired in the ordinary course of business. Monitor quarterly filings or any Schedule 13D for changes above 5.0% or shifts in voting/dispositive power.

FAQ

How many Two Harbors (TWO) shares does Allspring report owning?

Allspring reports beneficial ownership of 4,203,377 shares, equal to 4.0% of the class.

Does Allspring have voting control over its TWO shares?

Yes. The filing reports sole voting power over 4,066,301 shares and sole dispositive power over 4,203,377 shares.

Is this a passive Schedule 13G filing or an active Schedule 13D?

This is an amendment to a Schedule 13G, indicating a passive reporting status and the assertion that the position was acquired in the ordinary course of business.

Does any single client of Allspring own more than 5% of TWO according to the filing?

No. The filing states no client known to Allspring has the right or power with respect to more than 5% of the class.

When was this Schedule 13G/A signed?

The filing is signed by the Senior Compliance Manager on 10/08/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/10/2025 - 01:21 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Two Harbors Investment Corp

(Name of Issuer)

REIT SH PAR $

(Title of Class of Securities)

90187B804

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 90187B804

1

Names of Reporting Persons

Allspring Global Investments Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,066,301.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,203,377.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,203,377.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Two Harbors Investment Corp
(b)	Address of issuer's principal executive offices: 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK, MN, 55416
Item 2.
(a)	Name of person filing: Allspring Global Investments Holdings, LLC
(b)	Address or principal business office or, if none, residence: 1415 Vantage Park Drive, Charlotte, 28203, North Carolina, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: REIT SH PAR $
(e)	CUSIP No.: 90187B804
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,203,377
(b)	Percent of class: 4.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,066,301
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,203,377
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed are owned of record by clients of one or more Investment Advisers identified in Exhibit A directly or indirectly owned by Allspring Global Investments Holdings, LLC. Those Clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds for the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows: None
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Allspring Global Investments Holdings, LLC

Signature:	Jennifer Grunberg
Name/Title:	Senior Compliance Manager
Date:	10/08/2025

Exhibit Information

Allspring Global Investments, LLC - IA Allspring Funds Management, LLC - IA *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this schedule 13G.