The RealReal
REAL
152 hedge funds and large institutions have $1.05B invested in The RealReal in 2020 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 48 increasing their positions, 26 reducing their positions, and 36 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 26
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
38% more call options, than puts
Call options by funds: $9.15M | Put options by funds: $6.64M
14% more capital invested
Capital invested by funds: $922M → $1.05B (+$129M)
10% more funds holding
Funds holding: 138 → 152 (+14)
2.03% more ownership
Funds ownership: 82.95% → 84.97% (+2%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$40.8M |
| 2 |
Millennium Management
New York
|
+$17.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$16.1M |
| 4 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$14.7M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$13.4M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
HSBC Holdings
London,
United Kingdom
| – | -$145K | -11,338 | Closed |
|
|
NIT
177
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$145K | -11,300 | Closed |
|
178
Point72 Asset Management
Stamford,
Connecticut
| – | -$143K | -11,200 | Closed |
|
179
Principal Financial Group
Des Moines,
Iowa
| – | -$132K | -10,299 | Closed |
|
|
SM
180
SG3 Management
Dorado,
Puerto Rico
| – | -$77K | -6,000 | Closed |
|
|
BCA
181
Berman Capital Advisors
Atlanta,
Georgia
| – | -$64K | -5,078 | Closed |
|
|
PAG
182
Private Advisor Group
Morristown,
New Jersey
| – | -$15K | -1,138 | Closed |
|
|
VFA
183
Valeo Financial Advisors
Carmel,
Indiana
| – | -$4K | -305 | Closed |
|
|
ACA
184
Atlas Capital Advisors
Jackson,
Wyoming
| – | -$3.12K | -244 | Closed |
|
|
PIMG
185
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$639 | -50 | Closed |
|
|
CFB
186
Cullen/Frost Bankers
San Antonio,
Texas
| – | +$122 | +8 | New |
|
|
SFS
187
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$260 | +17 | New |
|
REAL Hedge Fund Activity: Q3 2020 in Review
152 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q3 2020, worth a combined $1.05B — up 14% from $922M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new REAL positions and 36 closed out — a net gain of 16 holders — while 48 added to existing stakes and 26 trimmed.
The largest buyer was Miller Value Partners, adding an estimated $40.8M. The largest seller was Great Hill Partners, cutting an estimated $92.1M.
- 152 institutional investors held The RealReal (REAL) as of Q3 2020, up from 138 in Q2 2020.
- Funds reported $1.05B of The RealReal stock for Q3 2020, up 14% quarter-over-quarter.
- 52 funds opened new The RealReal positions in Q3 2020 and 36 closed out, a net change of +16 holders.
- The largest The RealReal buyer in Q3 2020 was Miller Value Partners, an estimated $40.8M added.
- The largest The RealReal seller in Q3 2020 was Great Hill Partners, an estimated $92.1M sold.
Based on aggregated 13F filings for Q3 2020.