The RealReal
REAL
109 hedge funds and large institutions have $1.24B invested in The RealReal in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 34 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
30% more capital invested
Capital invested by funds: $955M → $1.24B (+$288M)
26.92% more ownership
Funds ownership: 50.07% → 76.99% (+27%)
2% more funds holding
Funds holding: 107 → 109 (+2)
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
70% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $45.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.9M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$19.1M |
| 3 |
AI
Atom Investors
Austin,
Texas
|
+$15.6M |
| 4 |
JP Morgan Chase
New York
|
+$8.68M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$7.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$28.3M |
| 2 |
BTP
Bloom Tree Partners
New York
|
-$25M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$13.9M |
| 4 |
Morgan Stanley
New York
|
-$9.2M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$8.31M |
REAL Hedge Fund Activity: Q4 2019 in Review
109 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q4 2019, worth a combined $1.24B — up 30% from $955M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new REAL positions and 34 closed out — a net gain of 2 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $94.9M. The largest seller was Lord, Abbett & Co, cutting an estimated $28.3M.
- 109 institutional investors held The RealReal (REAL) as of Q4 2019, up from 107 in Q3 2019.
- Funds reported $1.24B of The RealReal stock for Q4 2019, up 30% quarter-over-quarter.
- 36 funds opened new The RealReal positions in Q4 2019 and 34 closed out, a net change of +2 holders.
- The largest The RealReal buyer in Q4 2019 was Fidelity Investments, an estimated $94.9M added.
- The largest The RealReal seller in Q4 2019 was Lord, Abbett & Co, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2019.