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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
Legal & General Group Plc85,414$1.35M0.00%−4,460−5.0%Reduced
Cookson Peirce & Co Inc81,242$1.28M0.05%+81,242New
Franklin Resources Inc79,832$1.26M0.00%+4,308+5.7%Added
Norges Bank79,508$1.25M0.00%+79,508New
Alpine Global Management, LLC72,421$1.14M0.25%+72,421New
Quantbot Technologies LP67,959$1.07M0.04%−149,281−68.7%Reduced
Man Group plc62,893$992.5K0.00%−55,157−46.7%Reduced
Susquehanna Portfolio Strategies, LLC61,009$962.7K0.01%00.0%Unchanged
Simplex Trading, LLC59,738$942.7K0.03%+16,253+37.4%Added
Numerai GP LLC56,947$898.6K0.11%+44,845+370.6%Added
MetLife Investment Management56,630$893.6K0.00%+1,915+3.5%Added
O'Neil Global Advisors, Inc.54,361$857.8K0.30%+54,361New
Zurcher Kantonalbank (Zurich Cantonalbank)53,143$838.6K0.00%−37,109−41.1%Reduced
Fortis Group Advisors, LLC54,605$801.1K0.13%+54,605New
Boothbay Fund Management, LLC49,556$782.0K0.02%−33,399−40.3%Reduced
Schonfeld Strategic Advisors LLC47,154$744.1K0.00%−160,915−77.3%Reduced
Lighthouse Investment Partners, LLC46,955$741.0K0.02%+46,955New
Mirae Asset Global ETFs Holdings Ltd.46,685$736.7K0.00%+2,732+6.2%Added
Virginia Retirement Systems Et Al46,500$733.8K0.00%−4,300−8.5%Reduced
Park Avenue Securities LLC45,282$715.0K0.01%+3,400+8.1%Added
Royal Bank of Canada44,367$700.0K0.00%+1,694+4.0%Added
Evoke Wealth, LLC43,853$692.0K0.01%+1,240+2.9%Added
Neuberger Berman Group LLC42,068$663.8K0.00%−25,906−38.1%Reduced
State of Wyoming41,910$661.3K0.07%+21,881+109.2%Added
Capital Financial Group Inc39,363$621.1K0.35%+39,363New
Calamos Advisors LLC39,299$620.1K0.00%+39,299New
Intech Investment Management LLC39,134$617.5K0.01%+12,821+48.7%Added
Amundi39,090$616.8K0.00%+5,046+14.8%Added
Entropy Technologies, LP38,841$612.9K0.03%−47,244−54.9%Reduced
Centiva Capital, LP36,121$570.0K0.03%+36,121New
PharVision Advisers, LLC35,668$562.8K0.28%+35,668New
Janus Henderson Group PLC35,100$553.2K0.00%00.0%Unchanged
Diversified Trust Co32,509$513.0K0.01%+3,874+13.5%Added
Teacher Retirement System of Texas31,853$502.6K0.00%−6,092−16.1%Reduced
Lotus Technology Management, LP31,846$502.5K0.28%+31,846New
Versor Investments LP30,700$484.4K0.08%−32,200−51.2%Reduced
Manufacturers Life Insurance Company, The30,269$477.6K0.00%−1,543−4.9%Reduced
Round Rock Advisors, LLC29,616$467.3K0.07%+29,616New
HighTower Advisors, LLC28,042$442.5K0.00%+6,213+28.5%Added
Am Investment Strategies LLC27,572$435.0K0.09%00.0%Unchanged
Arizona State Retirement System27,228$429.7K0.00%−1,218−4.3%Reduced
Oppenheimer & Co Inc26,433$417.1K0.01%+26,433New
Shay Capital LLC26,000$410.3K0.07%−31,738−55.0%Reduced
Graham Capital Management, L.P.25,646$404.7K0.01%+25,646New
Police & Firemen's Retirement System of New Jersey25,286$399.0K0.00%−3,420−11.9%Reduced
Rafferty Asset Management, LLC24,930$393.4K0.00%−13,691−35.4%Reduced
Susquehanna International Group, LLP24,526$387.0K0.00%−402,440−94.3%Reduced
Creative Planning22,285$351.7K0.00%+4,362+24.3%Added
LPL Financial LLC21,565$340.3K0.00%+21,565New
Quantinno Capital Management LP21,260$335.5K0.00%+608+2.9%Added
KLP Kapitalforvaltning AS20,900$329.8K0.00%−2,700−11.4%Reduced
Los Angeles Capital Management LLC27,046$329.4K0.00%−1,202−4.3%Reduced
Y-Intercept (Hong Kong) Ltd20,458$322.8K0.01%−55,277−73.0%Reduced
Pictet Asset Management Holding SA20,404$322.0K0.00%+7,977+64.2%Added
Hilltop Holdings Inc.20,055$316.5K0.02%+55+0.3%Added
Banco Santander, S.A.19,763$311.9K0.00%−8,081−29.0%Reduced
Toroso Investments, LLC19,086$301.2K0.00%+19,086New
First Trust Advisors LP19,079$301.1K0.00%+19,079New
Kestra Private Wealth Services, LLC19,000$299.8K0.00%00.0%Unchanged
ProShare Advisors LLC18,405$290.4K0.00%+2,112+13.0%Added
Steward Partners Investment Advisory, LLC17,865$281.9K0.00%+17,765+17,765.0%Added
DRW Securities, LLC17,717$279.6K0.02%+1,650+10.3%Added
Voya Investment Management LLC17,661$278.7K0.00%00.0%Unchanged
Baader Bank INC17,500$276.1K0.02%+17,500New
Occudo Quantitative Strategies LP17,227$271.8K0.02%−34,115−66.4%Reduced
Cannell Capital LLC16,132$254.6K0.16%−342,949−95.5%Reduced
Envestnet Asset Management Inc15,989$252.3K0.00%+15,989New
FNY Investment Advisers, LLC15,000$236.0K0.07%+15,000New
Abacus Wealth Partners, LLC14,900$235.1K0.02%+14,900New
Aigen Investment Management, LP14,016$221.2K0.05%−53,432−79.2%Reduced
Great West Life Assurance Co13,802$218.0K0.00%−15,244−52.5%Reduced
Accuvest Global Advisors12,392$196.0K0.14%+12,392New
Victory Capital Management Inc11,860$187.2K0.00%+1,186+11.1%Added
R Squared Ltd11,844$186.9K0.09%−1,475−11.1%Reduced
NBC Securities, Inc.11,785$186.0K0.01%+11,785New
XTX Topco Ltd11,757$185.5K0.00%−54,451−82.2%Reduced
9823 Capital, L.P.11,381$179.6K0.12%+11,381New
Mach-1 Financial Group, Inc.11,284$178.1K0.04%+11,284New
Insight Advisors, LLC11,000$173.6K0.03%−9,000−45.0%Reduced
Acadian Asset Management LLC10,455$164.0K0.00%+10,455New
Park Edge Advisors, LLC10,211$161.1K0.04%−2,590−20.2%Reduced
Arnhold LLC10,000$157.8K0.01%−22,071−68.8%Reduced
Hollencrest Capital Management9,575$151.1K0.01%−6,425−40.2%Reduced
CFG Wealth Management Services, Inc.9,000$142.0K0.13%+9,000New
Ameritas Investment Partners, Inc.7,960$125.6K0.00%00.0%Unchanged
Farther Finance Advisors, LLC7,348$116.0K0.00%+73+1.0%Added
Lazard Asset Management LLC7,045$111.2K0.00%+7,045New
Kemnay Advisory Services Inc.6,580$103.8K0.02%+6,580New
Rockefeller Capital Management L.P.6,241$98.5K0.00%−19,829−76.1%Reduced
Federation des caisses Desjardins du Quebec6,000$94.7K0.00%00.0%Unchanged
CWM, LLC5,767$91.0K0.00%+596+11.5%Added
State of Alaska, Department of Revenue5,612$88.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC5,000$78.9K0.00%00.0%Unchanged
Flagship Harbor Advisors, LLC4,500$71.0K0.00%+4,500New
Sterling Capital Management LLC4,474$70.6K0.00%−478−9.7%Reduced
Larson Financial Group LLC4,099$64.7K0.00%+1,185+40.7%Added
Quest Partners LLC3,928$62.0K0.00%−13,296−77.2%Reduced
Sunbelt Securities, Inc.3,681$58.1K0.00%00.0%Unchanged
Amalgamated Bank3,161$50.0K0.00%−237−7.0%Reduced
Quarry LP2,406$38.0K0.01%−206−7.9%Reduced