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The RealReal

184 hedge funds and large institutions have $595M invested in The RealReal in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 74 increasing their positions, 50 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

165% more call options, than puts

Call options by funds: $9.33M | Put options by funds: $3.52M

48% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 50

0.36% less ownership

Funds ownership: 88.22%87.86% (-0.36%)

8% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 37

2% less funds holding

Funds holding: 188184 (-4)

36% less capital invested

Capital invested by funds: $925M → $595M (-$330M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
184
Holders Change
-4
Holders Change %
-2.13%
% of All Funds
2.9%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
34
Increased
74
Reduced
50
Closed
37
Calls
$9.33M
Puts
$3.52M
Net Calls
+$5.81M
Net Calls Change
-$16.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$54M +$1.92M +217,186 +3%
BlackRock
2
BlackRock
New York
$43.7M +$612K +69,193 +1%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$38.8M +$17.8M +2,011,835 +60%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$35.8M -$25.1M -2,837,720 -37%
Marshall Wace
5
Marshall Wace
United Kingdom
$28.6M +$13.9M +1,572,833 +67%
Millennium Management
6
Millennium Management
New York
$26.1M +$21.4M +2,419,790 +205%
Fidelity International
7
Fidelity International
Bermuda
$24.5M +$11.8M +1,330,803 +65%
TCM
8
TimesSquare Capital Management
New York
$17.8M -$183K -20,707 -0.8%
IVM
9
InterWest Venture Management
California
$17.1M
State Street
10
State Street
Massachusetts
$16.4M +$837K +94,666 +4%
Two Sigma Investments
11
Two Sigma Investments
New York
$13.5M +$11M +1,241,464 +201%
Morgan Stanley
12
Morgan Stanley
New York
$12.5M -$772K -87,308 -5%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.1M -$342K -38,639 -2%
CS
14
Credit Suisse
Switzerland
$10.9M -$296K -33,409 -2%
ProShare Advisors
15
ProShare Advisors
Maryland
$10.3M +$4.38M +495,288 +53%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$10.2M +$11M +1,246,400 +757%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$10.1M -$37.6M -4,254,200 -75%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$9.5M -$518K -58,536 -4%
Allspring Global Investments
19
Allspring Global Investments
North Carolina
$9.21M +$1.53M +172,834 +16%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$8.7M -$1.33M -149,805 -11%
RCMU
21
Rokos Capital Management (UK)
United Kingdom
$8.6M +$9.81M +1,108,723 New
Point72 Asset Management
22
Point72 Asset Management
Connecticut
$8.41M +$10.3M +1,158,852 New
Goldman Sachs
23
Goldman Sachs
New York
$8.24M -$815K -92,152 -8%
Invesco
24
Invesco
Georgia
$7.92M -$7.55M -853,983 -44%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$7.57M +$8.98M +1,014,911 +3,589%

REAL Hedge Fund Activity: Q1 2022 in Review

184 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q1 2022, worth a combined $595M — down 36% from $925M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of REAL and 34 opened new positions — a net loss of 3 holders — while 50 trimmed existing stakes and 74 added.

The largest buyer was Millennium Management, adding an estimated $21.4M. The largest seller was Wellington Management Group, cutting an estimated $37.6M.

  • 184 institutional investors held The RealReal (REAL) as of Q1 2022, down from 188 in Q4 2021.
  • Funds reported $595M of The RealReal stock for Q1 2022, down 36% quarter-over-quarter.
  • 34 funds opened new The RealReal positions in Q1 2022 and 37 closed out, a net change of -3 holders.
  • The largest The RealReal buyer in Q1 2022 was Millennium Management, an estimated $21.4M added.
  • The largest The RealReal seller in Q1 2022 was Wellington Management Group, an estimated $37.6M sold.

Based on aggregated 13F filings for Q1 2022.