The RealReal
REAL
138 hedge funds and large institutions have $922M invested in The RealReal in 2020 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 51 increasing their positions, 24 reducing their positions, and 30 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 24
106% more capital invested
Capital invested by funds: $448M → $922M (+$474M)
78% more call options, than puts
Call options by funds: $9.89M | Put options by funds: $5.55M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
47% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 30
10% more funds holding
Funds holding: 125 → 138 (+13)
9.58% more ownership
Funds ownership: 73.37% → 82.95% (+9.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$43.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPI
Canaan Partners IX
Menlo Park,
California
|
-$54.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.9M |
| 3 |
GA
Greenspring Associates
Owings Mills,
Maryland
|
-$7.99M |
| 4 |
BCP
Bayberry Capital Partners
New York
|
-$7.46M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.63M |
REAL Hedge Fund Activity: Q2 2020 in Review
138 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q2 2020, worth a combined $922M — up 106% from $448M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new REAL positions and 30 closed out — a net gain of 14 holders — while 51 added to existing stakes and 24 trimmed.
The largest buyer was Woodson Capital Management, adding an estimated $43.4M. The largest seller was Canaan Partners IX, exiting entirely with an estimated $54.8M sold.
- 138 institutional investors held The RealReal (REAL) as of Q2 2020, up from 125 in Q1 2020.
- Funds reported $922M of The RealReal stock for Q2 2020, up 106% quarter-over-quarter.
- 44 funds opened new The RealReal positions in Q2 2020 and 30 closed out, a net change of +14 holders.
- The largest The RealReal buyer in Q2 2020 was Woodson Capital Management, an estimated $43.4M added.
- The largest The RealReal seller in Q2 2020 was Canaan Partners IX, an estimated $54.8M sold.
Based on aggregated 13F filings for Q2 2020.