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, Q4 2025
Institutional positions in TheRealReal, Inc. as of Dec 31, 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
- 236
- +18 vs. Q3 2025
- Shares held
- 116.3M
- +14.5M (+14.2%) vs. Q3 2025
- Total value
- $1.83B
- +$752.6M (+69.6%) vs. Q3 2025
- New holders
- 45
- 88 more added
- Sold out
- 27
- 82 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 252 | $1.33B |
| Q1 2026 | 248 | $1.05B |
| Q4 2025 | 236 | $1.83B |
| Q3 2025 | 223 | $1.09B |
| Q2 2025 | 203 | $454.4M |
| Q1 2025 | 210 | $491.7M |
| Q4 2024 | 191 | $843.1M |
| Q3 2024 | 156 | $229.3M |
| Q2 2024 | 154 | $222.8M |
| Q1 2024 | 154 | $244.7M |
| Q4 2023 | 137 | $109.7M |
| Q3 2023 | 140 | $96.5M |
| Q2 2023 | 135 | $100.6M |
| Q1 2023 | 143 | $67.3M |
| Q4 2022 | 141 | $73.0M |
| Q3 2022 | 164 | $97.7M |
| Q2 2022 | 190 | $201.9M |
| Q1 2022 | 184 | $595.0M |
| Q4 2021 | 188 | $944.9M |
| Q3 2021 | 170 | $1.11B |
| Q2 2021 | 179 | $1.79B |
| Q1 2021 | 183 | $1.93B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding TheRealReal, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| FMR LLC | 12,458,244 | $196.6M | 0.01% | +11,986,899+2,543.1% | Added |
| BlackRock, Inc. | 8,767,874 | $138.4M | 0.00% | +61,089+0.7% | Added |
| Vanguard Group Inc | 6,336,596 | $100.0M | 0.00% | +406,789+6.9% | Added |
| Driehaus Capital Management LLC | 4,754,440 | $75.0M | 0.51% | +1,660,008+53.6% | Added |
| D. E. Shaw & Co., Inc. | 4,490,789 | $70.9M | 0.05% | +299,885+7.2% | Added |
| Divisadero Street Capital Management, LP | 3,150,443 | $49.7M | 2.83% | +550,642+21.2% | Added |
| BNP Paribas Arbitrage, SA | 2,994,577 | $47.3M | 0.03% | +452,564+17.8% | Added |
| American Century Companies Inc | 2,839,348 | $44.8M | 0.02% | +1,001,441+54.5% | Added |
| UBS Group AG | 2,812,487 | $44.4M | 0.01% | +1,923,531+216.4% | Added |
| State Street Corp | 2,746,238 | $43.3M | 0.00% | +111,677+4.2% | Added |
| Two Sigma Investments, LP | 2,718,631 | $42.9M | 0.06% | +89,861+3.4% | Added |
| Arrowstreet Capital, Limited Partnership | 2,559,103 | $40.4M | 0.02% | +2,559,103 | New |
| Woodson Capital Management, LP | 2,500,000 | $39.5M | 6.09% | −1,000,000−28.6% | Reduced |
| Two Sigma Advisers, LP | 2,448,800 | $38.6M | 0.08% | +44,300+1.8% | Added |
| Geode Capital Management, LLC | 2,447,182 | $38.6M | 0.00% | +53,567+2.2% | Added |
| Marshall Wace, LLP | 2,213,546 | $34.9M | 0.03% | −1,553,279−41.2% | Reduced |
| Nuveen, LLC | 2,208,709 | $34.9M | 0.01% | +173,713+8.5% | Added |
| Goldman Sachs Group Inc | 2,178,299 | $34.4M | 0.00% | −1,021,971−31.9% | Reduced |
| Masters Capital Management LLC | 2,000,000 | $31.6M | 4.36% | +1,000,000+100.0% | Added |
| Kanen Wealth Management LLC | 1,858,310 | $29.3M | 9.14% | −2,338,820−55.7% | Reduced |
| Jupiter Asset Management Ltd | 1,812,763 | $28.6M | 0.23% | −148,294−7.6% | Reduced |
| Citadel Advisors LLC | 1,770,420 | $27.9M | 0.02% | −150,944−7.9% | Reduced |
| AWM Investment Company, Inc. | 1,423,847 | $22.5M | 2.17% | −10,000−0.7% | Reduced |
| Squarepoint Ops LLC | 1,403,558 | $22.1M | 0.04% | −199,101−12.4% | Reduced |
| Crestwood Capital Management, L.P. | 1,343,081 | $21.2M | 13.42% | −100,000−6.9% | Reduced |
| Penn Capital Management Co Inc | 1,336,674 | $21.1M | 1.68% | +153,806+13.0% | Added |
| Bank of America Corp | 1,268,550 | $20.0M | 0.00% | +288,701+29.5% | Added |
| Qube Research & Technologies Ltd | 1,237,376 | $19.5M | 0.03% | +487,478+65.0% | Added |
| BIT Capital GmbH | 1,133,140 | $17.9M | 0.78% | +106,656+10.4% | Added |
| Morgan Stanley | 1,125,737 | $17.8M | 0.00% | −841,016−42.8% | Reduced |
| Millennium Management LLC | 1,035,611 | $16.3M | 0.01% | +510,150+97.1% | Added |
| Voloridge Investment Management, LLC | 920,182 | $14.5M | 0.05% | +153,798+20.1% | Added |
| Manatuck Hill Partners, LLC | 855,255 | $13.5M | 4.72% | −423,700−33.1% | Reduced |
| Walleye Capital LLC | 833,014 | $13.1M | 0.08% | +820,029+6,315.2% | Added |
| Charles Schwab Investment Management Inc | 824,478 | $13.0M | 0.00% | +19,209+2.4% | Added |
| New York State Common Retirement Fund | 802,840 | $12.7M | 0.02% | +164,552+25.8% | Added |
| Northern Trust Corp | 797,446 | $12.6M | 0.00% | −14,848−1.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 785,810 | $12.4M | 0.03% | −199,807−20.3% | Reduced |
| Royce & Associates LP | 757,200 | $11.9M | 0.12% | −49,106−6.1% | Reduced |
| Renaissance Technologies LLC | 755,500 | $11.9M | 0.02% | +450,000+147.3% | Added |
| Tudor Investment Corp Et Al | 753,856 | $11.9M | 0.07% | +63,858+9.3% | Added |
| Jump Financial, LLC | 697,654 | $11.0M | 0.14% | −770,346−52.5% | Reduced |
| Trexquant Investment LP | 634,522 | $10.0M | 0.09% | +209,802+49.4% | Added |
| Landscape Capital Management, L.L.C. | 609,792 | $9.62M | 0.65% | −560,320−47.9% | Reduced |
| Point72 Asset Management, L.P. | 584,980 | $9.23M | 0.01% | +427,443+271.3% | Added |
| Atika Capital Management LLC | 565,000 | $8.92M | 1.24% | +191,000+51.1% | Added |
| Hudson Bay Capital Management LP | 539,300 | $8.51M | 0.05% | +539,300 | New |
| JPMorgan Chase & Co | 533,281 | $8.42M | 0.00% | −730,320−57.8% | Reduced |
| Archon Capital Management LLC | 483,906 | $7.64M | 4.34% | −287,700−37.3% | Reduced |
| Interval Partners, LP | 482,976 | $7.62M | 0.18% | +58,536+13.8% | Added |
| Federated Hermes, Inc. | 452,146 | $7.13M | 0.01% | +247,395+120.8% | Added |
| Jane Street Group, LLC | 449,131 | $7.09M | 0.01% | +389,652+655.1% | Added |
| Allspring Global Investments Holdings, LLC | 425,624 | $6.72M | 0.01% | −494,741−53.8% | Reduced |
| Night Squared LP | 403,325 | $6.36M | 1.79% | +403,325 | New |
| EAM Investors, LLC | 399,091 | $6.30M | 0.70% | +399,091 | New |
| Panagora Asset Management Inc | 398,904 | $6.29M | 0.02% | −52,249−11.6% | Reduced |
| Capricorn Fund Managers Ltd | 392,897 | $6.20M | 1.49% | −796,593−67.0% | Reduced |
| Engineers Gate Manager LP | 374,390 | $5.91M | 0.07% | −9,291−2.4% | Reduced |
| SG Americas Securities, LLC | 371,066 | $5.86M | 0.01% | +325,862+720.9% | Added |
| Comerica Bank | 350,023 | $5.52M | 0.02% | −1,133−0.3% | Reduced |
| Bank of New York Mellon Corp | 338,982 | $5.35M | 0.00% | −7,455−2.2% | Reduced |
| RBF Capital, LLC | 336,889 | $5.32M | 0.24% | −63,111−15.8% | Reduced |
| Raymond James Financial Inc | 330,056 | $5.21M | 0.00% | +46,799+16.5% | Added |
| MYDA Advisors LLC | 330,000 | $5.21M | 1.47% | +95,000+40.4% | Added |
| Invesco Ltd. | 286,851 | $4.53M | 0.00% | +107,640+60.1% | Added |
| UBS Asset Management Americas Inc | 272,504 | $4.30M | 0.00% | +18,780+7.4% | Added |
| Wells Fargo & Company | 256,897 | $4.05M | 0.00% | +29,343+12.9% | Added |
| Barclays PLC | 240,371 | $3.79M | 0.00% | −92,571−27.8% | Reduced |
| Russell Investments Group, Ltd. | 235,239 | $3.71M | 0.00% | +128,612+120.6% | Added |
| Verition Fund Management LLC | 231,102 | $3.65M | 0.02% | +10,859+4.9% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 229,749 | $3.63M | 0.01% | +229,749 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 202,039 | $3.19M | 0.01% | +202,039 | New |
| Swiss National Bank | 193,100 | $3.05M | 0.00% | +6,800+3.7% | Added |
| HRT Financial LP | 183,995 | $2.90M | 0.01% | −189,249−50.7% | Reduced |
| AQR Capital Management LLC | 183,255 | $2.89M | 0.00% | +43,313+31.0% | Added |
| Polen Capital Management LLC | 175,088 | $2.76M | 0.01% | +103,000+142.9% | Added |
| SEI Investments Co | 161,725 | $2.55M | 0.00% | +103,495+177.7% | Added |
| Advisor Group Holdings, Inc. | 152,295 | $2.40M | 0.00% | +65,250+75.0% | Added |
| Jain Global LLC | 146,139 | $2.31M | 0.02% | +9,879+7.3% | Added |
| Independent Financial Group, LLC | 141,737 | $2.24M | 0.05% | −35,227−19.9% | Reduced |
| Quantum Private Wealth, LLC | 134,006 | $2.11M | 0.62% | −5,000−3.6% | Reduced |
| PDT Partners, LLC | 133,473 | $2.11M | 0.14% | +17,100+14.7% | Added |
| Deutsche Bank AG | 130,922 | $2.07M | 0.00% | −692,640−84.1% | Reduced |
| Maven Securities LTD | 126,524 | $2.00M | 0.25% | +126,524 | New |
| Mackenzie Financial Corp | 124,008 | $1.99M | 0.00% | −63,057−33.7% | Reduced |
| Rhumbline Advisers | 122,358 | $1.93M | 0.00% | −13,567−10.0% | Reduced |
| Caxton Associates LLP | 118,417 | $1.87M | 0.04% | +118,417 | New |
| Headlands Technologies LLC | 116,850 | $1.84M | 0.15% | +60,828+108.6% | Added |
| Voleon Capital Management LP | 116,696 | $1.84M | 0.04% | +36,701+45.9% | Added |
| Citigroup Inc | 110,508 | $1.74M | 0.00% | −3,055−2.7% | Reduced |
| Price T Rowe Associates Inc | 107,975 | $1.70M | 0.00% | +2,308+2.2% | Added |
| Canada Pension Plan Investment Board | 106,500 | $1.68M | 0.00% | +99,000+1,320.0% | Added |
| Gsa Capital Partners LLP | 106,343 | $1.68M | 0.14% | −73,249−40.8% | Reduced |
| Alliancebernstein L.P. | 101,171 | $1.60M | 0.00% | +114+0.1% | Added |
| Algert Global LLC | 97,910 | $1.55M | 0.02% | −37,630−27.8% | Reduced |
| Gotham Asset Management, LLC | 95,700 | $1.51M | 0.01% | +95,700 | New |
| Cambridge Investment Research Advisors, Inc. | 95,632 | $1.51M | 0.00% | +720+0.8% | Added |
| Zazove Associates LLC | 95,000 | $1.50M | 0.13% | −45,000−32.1% | Reduced |
| Brevan Howard Capital Management LP | 93,461 | $1.47M | 0.03% | +44,860+92.3% | Added |
| California State Teachers Retirement System | 91,816 | $1.45M | 0.00% | +230+0.3% | Added |