Real Brokerage
REAX
145 hedge funds and large institutions have $412M invested in Real Brokerage in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 39 reducing their positions, and 30 closing their positions.
778% more call options, than puts
Call options by funds: $825K | Put options by funds: $94K
56% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 39
11% more capital invested
Capital invested by funds: $371M → $412M (+$40.8M)
1.49% more ownership
Funds ownership: 44.78% → 46.27% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 161 → 145 (-16)
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.15M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.14M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.79M |
| 4 |
Morgan Stanley
New York
|
+$1.74M |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$16.1M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$3.28M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$1.79M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.43M |
| 5 |
HCA
Harbor Capital Advisors
Chicago,
Illinois
|
-$1.27M |
REAX Hedge Fund Activity: Q2 2025 in Review
145 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Real Brokerage (REAX) for Q2 2025, worth a combined $412M — up 11% from $371M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of REAX and 15 opened new positions — a net loss of 15 holders — while 39 trimmed existing stakes and 61 added.
The largest buyer was Millennium Management, adding an estimated $5.15M. The largest seller was Insight Holdings Group, cutting an estimated $16.1M.
- 145 institutional investors held Real Brokerage (REAX) as of Q2 2025, down from 161 in Q1 2025.
- Funds reported $412M of Real Brokerage stock for Q2 2025, up 11% quarter-over-quarter.
- 15 funds opened new Real Brokerage positions in Q2 2025 and 30 closed out, a net change of -15 holders.
- The largest Real Brokerage buyer in Q2 2025 was Millennium Management, an estimated $5.15M added.
- The largest Real Brokerage seller in Q2 2025 was Insight Holdings Group, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2025.