The RealReal
REAL
180 hedge funds and large institutions have $1.48B invested in The RealReal in 2020 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 32 closing their positions.
199% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $8.74M
91% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 32
41% more capital invested
Capital invested by funds: $1.05B → $1.48B (+$427M)
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
18% more funds holding
Funds holding: 152 → 180 (+28)
0.45% more ownership
Funds ownership: 84.97% → 85.43% (+0.45%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$16.4M |
| 2 |
AC
Athanor Capital
New York
|
+$15.8M |
| 3 |
D.E. Shaw & Co
New York
|
+$9.01M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.93M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$8.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GHP
Great Hill Partners
Boston,
Massachusetts
|
-$57.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$35.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.9M |
| 4 |
GIP
General Industrial Partners
London,
United Kingdom
|
-$17.9M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$12.6M |
REAL Hedge Fund Activity: Q4 2020 in Review
180 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q4 2020, worth a combined $1.48B — up 41% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new REAL positions and 32 closed out — a net gain of 29 holders — while 54 added to existing stakes and 41 trimmed.
The largest buyer was Miller Value Partners, adding an estimated $16.4M. The largest seller was Great Hill Partners, exiting entirely with an estimated $57.1M sold.
- 180 institutional investors held The RealReal (REAL) as of Q4 2020, up from 152 in Q3 2020.
- Funds reported $1.48B of The RealReal stock for Q4 2020, up 41% quarter-over-quarter.
- 61 funds opened new The RealReal positions in Q4 2020 and 32 closed out, a net change of +29 holders.
- The largest The RealReal buyer in Q4 2020 was Miller Value Partners, an estimated $16.4M added.
- The largest The RealReal seller in Q4 2020 was Great Hill Partners, an estimated $57.1M sold.
Based on aggregated 13F filings for Q4 2020.