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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, 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.

Institutional holdersQ4 2025: 236 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 heldQ4 2025: $1.83B
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, Q4 2025

Shares, value and share of portfolio for each institution holding TheRealReal, Inc.; share changes are against Q3 2025.

Institutions holding REAL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd11$00.00%00.0%Unchanged
SRS Capital Advisors, Inc.2$320.00%−483−99.6%Reduced
Smartleaf Asset Management LLC9$1450.00%+9New
CIBC Private Wealth Group, LLC21$3310.00%00.0%Unchanged
JDM Financial Group LLC29$4580.00%00.0%Unchanged
Financial Consulate, Inc45$7110.00%+10+28.6%Added
Essential Partners LLC47$7420.00%+4+9.3%Added
Rothschild Investment LLC47$7420.00%+47New
Allworth Financial LP48$7580.00%−6−11.1%Reduced
Financial Freedom, LLC55$8680.00%00.0%Unchanged
Motiv8 Investments LLC50$1.00K0.00%+50New
SBI Securities Co., Ltd.93$1.47K0.00%−499−84.3%Reduced
GWM Advisors LLC100$1.58K0.00%−750−88.2%Reduced
International Assets Investment Management, LLC100$1.58K0.00%+100New
MAI Capital Management106$1.67K0.00%+6+6.0%Added
Huntington National Bank137$2.16K0.00%00.0%Unchanged
Massmutual Trust Co FSB195$3.08K0.00%00.0%Unchanged
Jefferies Financial Group Inc.304$4.80K0.00%−365−54.6%Reduced
US Bancorp332$5.24K0.00%−330−49.8%Reduced
IFP Advisors, Inc378$5.96K0.00%−49−11.5%Reduced
National Bank of Canada422$6.65K0.00%−620−59.5%Reduced
Signaturefd, LLC489$7.72K0.00%00.0%Unchanged
Accent Capital Management, LLC690$10.9K0.00%+230+50.0%Added
The PNC Financial Services Group, Inc.744$11.7K0.00%+66+9.7%Added
Wiser Advisor Group LLC800$12.6K0.01%00.0%Unchanged
GAMMA Investing LLC801$12.6K0.00%+179+28.8%Added
N.E.W. Advisory Services LLC1,000$15.8K0.00%+1,000New
Nisa Investment Advisors, LLC1,064$16.8K0.00%+728+216.7%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,202$19.3K0.00%00.0%Unchanged
Delos Wealth Advisors, LLC1,250$19.7K0.01%+1,250New
Game Plan Financial Advisors, LLC1,400$22.1K0.01%−3,100−68.9%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,606$25.0K0.00%+390+32.1%Added
Clearstead Advisors, LLC1,730$27.3K0.00%00.0%Unchanged
North Star Investment Management Corp.2,020$31.9K0.00%00.0%Unchanged
Jones Financial Companies LLLP2,205$34.8K0.00%+25+1.1%Added
Tower Research Capital LLC (TRC)2,373$37.4K0.00%−16,107−87.2%Reduced
Quarry LP2,406$38.0K0.01%−206−7.9%Reduced
Amalgamated Bank3,161$50.0K0.00%−237−7.0%Reduced
Sunbelt Securities, Inc.3,681$58.1K0.00%00.0%Unchanged
Quest Partners LLC3,928$62.0K0.00%−13,296−77.2%Reduced
Larson Financial Group LLC4,099$64.7K0.00%+1,185+40.7%Added
Sterling Capital Management LLC4,474$70.6K0.00%−478−9.7%Reduced
Flagship Harbor Advisors, LLC4,500$71.0K0.00%+4,500New
EverSource Wealth Advisors, LLC5,000$78.9K0.00%00.0%Unchanged
State of Alaska, Department of Revenue5,612$88.0K0.00%00.0%Unchanged
CWM, LLC5,767$91.0K0.00%+596+11.5%Added
Federation des caisses Desjardins du Quebec6,000$94.7K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.6,241$98.5K0.00%−19,829−76.1%Reduced
Kemnay Advisory Services Inc.6,580$103.8K0.02%+6,580New
Lazard Asset Management LLC7,045$111.2K0.00%+7,045New
Farther Finance Advisors, LLC7,348$116.0K0.00%+73+1.0%Added
Ameritas Investment Partners, Inc.7,960$125.6K0.00%00.0%Unchanged
CFG Wealth Management Services, Inc.9,000$142.0K0.13%+9,000New
Hollencrest Capital Management9,575$151.1K0.01%−6,425−40.2%Reduced
Arnhold LLC10,000$157.8K0.01%−22,071−68.8%Reduced
Park Edge Advisors, LLC10,211$161.1K0.04%−2,590−20.2%Reduced
Acadian Asset Management LLC10,455$164.0K0.00%+10,455New
Insight Advisors, LLC11,000$173.6K0.03%−9,000−45.0%Reduced
Mach-1 Financial Group, Inc.11,284$178.1K0.04%+11,284New
9823 Capital, L.P.11,381$179.6K0.12%+11,381New
XTX Topco Ltd11,757$185.5K0.00%−54,451−82.2%Reduced
NBC Securities, Inc.11,785$186.0K0.01%+11,785New
R Squared Ltd11,844$186.9K0.09%−1,475−11.1%Reduced
Victory Capital Management Inc11,860$187.2K0.00%+1,186+11.1%Added
Accuvest Global Advisors12,392$196.0K0.14%+12,392New
Great West Life Assurance Co13,802$218.0K0.00%−15,244−52.5%Reduced
Aigen Investment Management, LP14,016$221.2K0.05%−53,432−79.2%Reduced
Abacus Wealth Partners, LLC14,900$235.1K0.02%+14,900New
FNY Investment Advisers, LLC15,000$236.0K0.07%+15,000New
Envestnet Asset Management Inc15,989$252.3K0.00%+15,989New
Cannell Capital LLC16,132$254.6K0.16%−342,949−95.5%Reduced
Occudo Quantitative Strategies LP17,227$271.8K0.02%−34,115−66.4%Reduced
Baader Bank INC17,500$276.1K0.02%+17,500New
Voya Investment Management LLC17,661$278.7K0.00%00.0%Unchanged
DRW Securities, LLC17,717$279.6K0.02%+1,650+10.3%Added
Steward Partners Investment Advisory, LLC17,865$281.9K0.00%+17,765+17,765.0%Added
ProShare Advisors LLC18,405$290.4K0.00%+2,112+13.0%Added
Kestra Private Wealth Services, LLC19,000$299.8K0.00%00.0%Unchanged
First Trust Advisors LP19,079$301.1K0.00%+19,079New
Toroso Investments, LLC19,086$301.2K0.00%+19,086New
Banco Santander, S.A.19,763$311.9K0.00%−8,081−29.0%Reduced
Hilltop Holdings Inc.20,055$316.5K0.02%+55+0.3%Added
Pictet Asset Management Holding SA20,404$322.0K0.00%+7,977+64.2%Added
Y-Intercept (Hong Kong) Ltd20,458$322.8K0.01%−55,277−73.0%Reduced
Los Angeles Capital Management LLC27,046$329.4K0.00%−1,202−4.3%Reduced
KLP Kapitalforvaltning AS20,900$329.8K0.00%−2,700−11.4%Reduced
Quantinno Capital Management LP21,260$335.5K0.00%+608+2.9%Added
LPL Financial LLC21,565$340.3K0.00%+21,565New
Creative Planning22,285$351.7K0.00%+4,362+24.3%Added
Susquehanna International Group, LLP24,526$387.0K0.00%−402,440−94.3%Reduced
Rafferty Asset Management, LLC24,930$393.4K0.00%−13,691−35.4%Reduced
Police & Firemen's Retirement System of New Jersey25,286$399.0K0.00%−3,420−11.9%Reduced
Graham Capital Management, L.P.25,646$404.7K0.01%+25,646New
Shay Capital LLC26,000$410.3K0.07%−31,738−55.0%Reduced
Oppenheimer & Co Inc26,433$417.1K0.01%+26,433New
Arizona State Retirement System27,228$429.7K0.00%−1,218−4.3%Reduced
Am Investment Strategies LLC27,572$435.0K0.09%00.0%Unchanged
HighTower Advisors, LLC28,042$442.5K0.00%+6,213+28.5%Added
Round Rock Advisors, LLC29,616$467.3K0.07%+29,616New
Manufacturers Life Insurance Company, The30,269$477.6K0.00%−1,543−4.9%Reduced