The RealReal
REAL
137 hedge funds and large institutions have $124M invested in The RealReal in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 28 closing their positions.
28% more capital invested
Capital invested by funds: $96.5M → $124M (+$27M)
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
12.67% more ownership
Funds ownership: 44.61% → 57.28% (+13%)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
1% less funds holding
Funds holding: 139 → 137 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
62% less call options, than puts
Call options by funds: $3.67M | Put options by funds: $9.66M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$13.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$4.22M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.21M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.42M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$1.84M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$1.46M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.37M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.04M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$997K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$972K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEG
151
World Equity Group
Schaumburg,
Illinois
| – | -$26.1K | -13,544 | Closed |
|
152
Point72 Asset Management
Stamford,
Connecticut
| – | -$13.9K | -6,598 | Closed |
|
|
SSG
153
Summit Securities Group
New York
| – | -$14K | -6,447 | Closed |
|
|
IWP
154
IAG Wealth Partners
Waukesha,
Wisconsin
| – | -$7.38K | -3,500 | Closed |
|
155
Russell Investments Group
London,
United Kingdom
| – | -$6.77K | -3,209 | Closed |
|
|
HPC
156
HM Payson & Co
Portland,
Maine
| – | -$3.21K | -1,521 | Closed |
|
|
IA
157
IFP Advisors
Tampa,
Florida
| – | -$2.11K | -1,000 | Closed |
|
|
PLU
158
Performa Ltd (US)
Charleston,
South Carolina
| – | -$2.11K | -1,000 | Closed |
|
|
WFA
159
West Financial Advisors
Des Moines,
Iowa
| – | -$844 | -400 | Closed |
|
160
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$460 | -218 | Closed |
|
161
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$253 | -120 | Closed |
|
REAL Hedge Fund Activity: Q4 2023 in Review
137 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q4 2023, worth a combined $124M — up 28% from $96.5M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new REAL positions and 28 closed out — a net gain of 2 holders — while 43 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.7M. The largest seller was Millennium Management, cutting an estimated $1.46M.
- 137 institutional investors held The RealReal (REAL) as of Q4 2023, down from 139 in Q3 2023.
- Funds reported $124M of The RealReal stock for Q4 2023, up 28% quarter-over-quarter.
- 30 funds opened new The RealReal positions in Q4 2023 and 28 closed out, a net change of +2 holders.
- The largest The RealReal buyer in Q4 2023 was Morgan Stanley, an estimated $13.7M added.
- The largest The RealReal seller in Q4 2023 was Millennium Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2023.