The RealReal
REAL
185 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.
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%)
6% less capital inflows, than outflows
Capital inflows: $187M | Capital outflows: $198M
8% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 37
2% less funds holding
Funds holding: 189 → 185 (-4)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$13.9M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$11.8M |
| 5 |
Two Sigma Advisers
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.6M |
| 2 |
Miller Value Partners
Sarasota,
Florida
|
-$35.8M |
| 3 |
JP Morgan Chase
New York
|
-$32M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.87M |
REAL Hedge Fund Activity: Q1 2022 in Review
185 of the 6,364 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q1 2022, worth a combined $595M — down 37% from $945M 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.
- 185 institutional investors held The RealReal (REAL) as of Q1 2022, down from 189 in Q4 2021.
- Funds reported $595M of The RealReal stock for Q1 2022, down 37% 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.