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TheRealReal, Inc.

REAL
Exchange
Nasdaq
Industry
Retail-Miscellaneous Retail
SEC CIK
0001573221

In the last 90 days, TheRealReal, Inc. insiders filed 0 open-market purchases and 5 sales; 252 institutions reported holding it in 13F filings for Q2 2026, worth $1.33B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in TheRealReal, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
223
+21 vs. Q2 2025
Shares held
102.6M
+7.77M (+8.2%) vs. Q2 2025
Total value
$1.09B
+$636.1M (+140.0%) vs. Q2 2025
New holders
53
75 more added
Sold out
32
75 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting REAL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 223 institutions
Q1 2021: 183 institutionsQ2 2021: 179 institutionsQ3 2021: 170 institutionsQ4 2021: 188 institutionsQ1 2022: 184 institutionsQ2 2022: 190 institutionsQ3 2022: 164 institutionsQ4 2022: 141 institutionsQ1 2023: 143 institutionsQ2 2023: 135 institutionsQ3 2023: 140 institutionsQ4 2023: 137 institutionsQ1 2024: 154 institutionsQ2 2024: 154 institutionsQ3 2024: 156 institutionsQ4 2024: 191 institutionsQ1 2025: 210 institutionsQ2 2025: 203 institutionsQ3 2025: 223 institutionsQ4 2025: 236 institutionsQ1 2026: 248 institutionsQ2 2026: 252 institutions
Value heldQ3 2025: $1.09B
Q1 2021: $1.93BQ2 2021: $1.79BQ3 2021: $1.11BQ4 2021: $944.9MQ1 2022: $595.0MQ2 2022: $201.9MQ3 2022: $97.7MQ4 2022: $73.0MQ1 2023: $67.3MQ2 2023: $100.6MQ3 2023: $96.5MQ4 2023: $109.7MQ1 2024: $244.7MQ2 2024: $222.8MQ3 2024: $229.3MQ4 2024: $843.1MQ1 2025: $491.7MQ2 2025: $454.4MQ3 2025: $1.09BQ4 2025: $1.83BQ1 2026: $1.05BQ2 2026: $1.33B
Institutions holding REAL and their total value by quarter
QuarterHoldersValue
Q2 2026252$1.33B
Q1 2026248$1.05B
Q4 2025236$1.83B
Q3 2025223$1.09B
Q2 2025203$454.4M
Q1 2025210$491.7M
Q4 2024191$843.1M
Q3 2024156$229.3M
Q2 2024154$222.8M
Q1 2024154$244.7M
Q4 2023137$109.7M
Q3 2023140$96.5M
Q2 2023135$100.6M
Q1 2023143$67.3M
Q4 2022141$73.0M
Q3 2022164$97.7M
Q2 2022190$201.9M
Q1 2022184$595.0M
Q4 2021188$944.9M
Q3 2021170$1.11B
Q2 2021179$1.79B
Q1 2021183$1.93B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding TheRealReal, Inc.; share changes are against Q2 2025.

Institutions holding REAL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
AWM Investment Company, Inc.1,433,847$15.2M1.43%00.0%Unchanged
Crestwood Capital Management, L.P.1,443,081$15.3M10.68%−125,000−8.0%Reduced
Jump Financial, LLC1,468,000$15.6M0.20%+389,596+36.1%Added
Squarepoint Ops LLC1,602,659$17.0M0.04%−324,940−16.9%Reduced
American Century Companies Inc1,837,907$19.5M0.01%+1,786,493+3,474.7%Added
Citadel Advisors LLC1,921,364$20.4M0.02%+670,756+53.6%Added
Jupiter Asset Management Ltd1,961,057$20.8M0.18%+1,634,782+501.0%Added
Morgan Stanley1,966,753$20.9M0.00%+896,318+83.7%Added
Nuveen, LLC2,034,996$21.6M0.01%+1,670,762+458.7%Added
Geode Capital Management, LLC2,393,615$25.4M0.00%+91,588+4.0%Added
Two Sigma Advisers, LP2,404,500$25.6M0.05%+35,000+1.5%Added
BNP Paribas Arbitrage, SA2,542,013$27.0M0.02%+1,502,487+144.5%Added
Divisadero Street Capital Management, LP2,599,801$27.6M1.29%+2,254,300+652.5%Added
Two Sigma Investments, LP2,628,770$27.9M0.04%+162,804+6.6%Added
State Street Corp2,634,561$28.0M0.00%+45,577+1.8%Added
Driehaus Capital Management LLC3,094,432$32.9M0.24%+1,425,006+85.4%Added
Goldman Sachs Group Inc3,200,270$34.0M0.00%−94,978−2.9%Reduced
Woodson Capital Management, LP3,500,000$37.2M7.16%−2,900,000−45.3%Reduced
Marshall Wace, LLP3,766,825$40.0M0.04%−554,752−12.8%Reduced
D. E. Shaw & Co., Inc.4,190,904$44.5M0.04%+1,475,703+54.3%Added
Kanen Wealth Management LLC4,197,130$44.6M14.92%−511,493−10.9%Reduced
Vanguard Group Inc5,929,807$63.0M0.00%+425,674+7.7%Added
BlackRock, Inc.8,706,785$92.6M0.00%+429,959+5.2%Added
Think Investments LP0$00.00%−897,547−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−630,900−100.0%Sold out
Roubaix Capital, LLC0$00.00%−595,449−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−572,052−100.0%Sold out
Anthracite Investment Company, Inc.0$00.00%−417,706−100.0%Sold out
Group One Trading, L.P.0$00.00%−157,285−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−136,799−100.0%Sold out
Stifel Financial Corp0$00.00%−111,988−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−82,000−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−42,984−100.0%Sold out
Atom Investors LP0$00.00%−41,290−100.0%Sold out
Petrus Trust Company, LTA0$00.00%−36,333−100.0%Sold out
Wolverine Trading, LLC0$00.00%−27,654−100.0%Sold out
LPL Financial LLC0$00.00%−27,342−100.0%Sold out
Advent Capital Management0$00.00%−25,000−100.0%Sold out
Ieq Capital, LLC0$00.00%−24,827−100.0%Sold out
Alberta Investment Management Corp0$00.00%−24,000−100.0%Sold out
Kapitalo Investimentos Ltda0$00.00%−21,181−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−16,278−100.0%Sold out
American Asset Management Inc.0$00.00%−15,000−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−13,552−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−13,092−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−12,772−100.0%Sold out
Cetera Investment Advisers0$00.00%−12,270−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−11,200−100.0%Sold out
Calamos Advisors LLC0$00.00%−10,725−100.0%Sold out
Shaolin Capital Management LLC0$00.00%−10,556−100.0%Sold out
Palisade Capital Management LLC0$00.00%−10,000−100.0%Sold out
Keystone Financial Group0$00.00%−10,000−100.0%Sold out
Westend Capital Management, LLC0$00.00%−3,645−100.0%Sold out
Apollo Management Holdings, L.P.0$00.00%−2,894−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−500−100.0%Sold out
CIBC World Markets Corp––––Not filed