The RealReal
REAL
107 hedge funds and large institutions have $955M invested in The RealReal in 2019 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 54 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
50.07% more ownership
Funds ownership: 0% → 50.07% (+50%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more capital invested
Capital invested by funds: $767M → $955M (+$188M)
11% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 54
6% more funds holding
Funds holding: 101 → 107 (+6)
22% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $30.4M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$137M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$52.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$41.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.6M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$22.5M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CM
151
Crestline Management
Fort Worth,
Texas
| – | -$482K | -16,688 | Closed |
|
|
ZDA
152
Zweig-DiMenna Associates
New York
| – | -$434K | -15,000 | Closed |
|
153
Tudor Investment Corp
Stamford,
Connecticut
| – | -$403K | -13,948 | Closed |
|
|
MS
154
Maven Securities
St Helier,
Jersey
| – | -$289K | -10,000 | Closed |
|
|
PE
155
Point72 Europe
London,
United Kingdom
| – | -$289K | -10,000 | Closed |
|
|
PG
156
Pendal Group
Sydney,
Australia
| – | -$146K | -5,069 | Closed |
|
|
SCM
157
Stormborn Capital Management
Greenwich,
Connecticut
| – | -$145K | -5,000 | Closed |
|
|
FIA
158
FNY Investment Advisers
New York
| – | -$44.4K | -2,209 | Closed |
|
|
PCM
159
Prelude Capital Management
New York
| – | -$63K | -2,188 | Closed |
|
|
PMFA
160
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$29K | -1,000 | Closed |
|
|
CCA
161
Catalyst Capital Advisors
Huntington,
New York
| – | -$6K | -206 | Closed |
|
REAL Hedge Fund Activity: Q3 2019 in Review
107 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q3 2019, worth a combined $955M — up 24% from $767M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new REAL positions and 54 closed out — a net gain of 6 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $137M. The largest seller was T. Rowe Price Associates, cutting an estimated $11.3M.
- 107 institutional investors held The RealReal (REAL) as of Q3 2019, up from 101 in Q2 2019.
- Funds reported $955M of The RealReal stock for Q3 2019, up 24% quarter-over-quarter.
- 60 funds opened new The RealReal positions in Q3 2019 and 54 closed out, a net change of +6 holders.
- The largest The RealReal buyer in Q3 2019 was Fidelity Investments, an estimated $137M added.
- The largest The RealReal seller in Q3 2019 was T. Rowe Price Associates, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2019.