The RealReal
REAL
154 hedge funds and large institutions have $255M invested in The RealReal in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 25 closing their positions.
186% more call options, than puts
Call options by funds: $31.4M | Put options by funds: $11M
122% more capital invested
Capital invested by funds: $115M → $255M (+$140M)
76% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
12% more funds holding
Funds holding: 137 → 154 (+17)
9.8% more ownership
Funds ownership: 53.05% → 62.85% (+9.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kanen Wealth Management
Coconut Creek,
Florida
|
+$10.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$9.31M |
| 3 |
Goldman Sachs
New York
|
+$3.76M |
| 4 |
Millennium Management
New York
|
+$3.39M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.85M |
| 2 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$4.67M |
| 3 |
FCM
Findell Capital Management
New York
|
-$3.63M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.5M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.67M |
REAL Hedge Fund Activity: Q1 2024 in Review
154 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in The RealReal (REAL) for Q1 2024, worth a combined $255M — up 122% from $115M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new REAL positions and 25 closed out — a net gain of 19 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was Kanen Wealth Management, opening a new position worth an estimated $10.1M. The largest seller was Balyasny Asset Management, cutting an estimated $7.85M.
- 154 institutional investors held The RealReal (REAL) as of Q1 2024, up from 137 in Q4 2023.
- Funds reported $255M of The RealReal stock for Q1 2024, up 122% quarter-over-quarter.
- 44 funds opened new The RealReal positions in Q1 2024 and 25 closed out, a net change of +19 holders.
- The largest The RealReal buyer in Q1 2024 was Kanen Wealth Management, an estimated $10.1M added.
- The largest The RealReal seller in Q1 2024 was Balyasny Asset Management, an estimated $7.85M sold.
Based on aggregated 13F filings for Q1 2024.