Real Brokerage
REAX
157 hedge funds and large institutions have $335M invested in Real Brokerage in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 49 reducing their positions, and 29 closing their positions.
448% more call options, than puts
Call options by funds: $499K | Put options by funds: $91K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
24% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 49
3.5% less ownership
Funds ownership: 46.8% → 43.3% (-3.5%)
6% less funds holding
Funds holding: 167 → 157 (-10)
13% less capital invested
Capital invested by funds: $387M → $335M (-$52.1M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$19.4M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$5.41M |
| 3 |
BlackRock
New York
|
+$4.93M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$10.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.87M |
| 3 |
Millennium Management
New York
|
-$3.75M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.2M |
| 5 |
Walleye Capital
New York
|
-$2.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Prudential Financial
Newark,
New Jersey
| – | -$48.8K | -11,675 | Closed |
|
|
RI
177
Rinkey Investments
San Diego,
California
| – | -$45.6K | -10,917 | Closed |
|
|
IC
178
Inscription Capital
Houston,
Texas
| – | -$44.2K | -10,583 | Closed |
|
|
SIS
179
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$41.2K | -10,187 | Closed |
|
|
MSG
180
Main Street Group
Glen Allen,
Virginia
| – | -$12.5K | -3,000 | Closed |
|
181
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$8.3K | -1,985 | Closed |
|
|
PFBT
182
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$460 | -110 | Closed |
|
|
OWP
183
ORG Wealth Partners
Dallas,
Texas
| – | -$418 | -100 | Closed |
|
|
ASN
184
Advisory Services Network
Atlanta,
Georgia
| – | -$372 | -89 | Closed |
|
185
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$4 | -1 | Closed |
|
|
C
186
Covestor
London,
United Kingdom
| – | -$4 | -1 | -6% |
|
REAX Hedge Fund Activity: Q4 2025 in Review
157 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Real Brokerage (REAX) for Q4 2025, worth a combined $335M — down 13% from $387M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of REAX and 23 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 61 added.
The largest buyer was Portolan Capital Management, adding an estimated $19.4M. The largest seller was Citadel Advisors, cutting an estimated $10.7M.
- 157 institutional investors held Real Brokerage (REAX) as of Q4 2025, down from 167 in Q3 2025.
- Funds reported $335M of Real Brokerage stock for Q4 2025, down 13% quarter-over-quarter.
- 23 funds opened new Real Brokerage positions in Q4 2025 and 29 closed out, a net change of -6 holders.
- The largest Real Brokerage buyer in Q4 2025 was Portolan Capital Management, an estimated $19.4M added.
- The largest Real Brokerage seller in Q4 2025 was Citadel Advisors, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2025.