The Realreal Inc (REAL) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy The Realreal Inc (REAL) following the 2026 Q2 hedge fund 13F filings?

As of today, REAL has moved -17.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -5.8% for the XLY sector ETF — an outperformance of -11.2%. Since the quarter end (June 30, 2026), REAL gained -19.8% vs -5.0% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

The Realreal Inc (REAL)

247 + Investors. Track Smart Money conviction in REAL. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — REAL

Based on 251 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds added REAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

251 hedge funds hold REAL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q

+50 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 58% buying

161 buying116 selling

Last quarter: 161 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~51 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 55 → 47 → 56 → 51. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 22% medium ■ 25% new

134 out of 251 hedge funds have held REAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Price up while funds trimmed (+32% value, -4% shares)

Value

+32%

-4%

Last quarter: total value of institutional REAL holdings rose +32% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.

➡️

Steady discovery — ~51 new funds/quarter

32 → 55 → 47 → 56 → 51 new funds/Q

New funds entering each quarter: 55 → 47 → 56 → 51. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 63% veterans vs 25% newcomers

■ 63% veterans ■ 12% 1-2yr ■ 25% new

Entry-cohort mix of 262 holders: 164 (63%) are 2+ year veterans, 32 entered 1–2 years ago, and 66 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds

46 of 249 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in REAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	247	247	-
13F Shares	117M	124M	-5.72%
Total Value	$1.37B	$1.13B	20.63%
New Positions	50	56	-6
Increased Positions	105	83	+22
Closed Positions	48	45	+3
Reduced Positions	66	77	-11
Total Calls	7	11	-36.36%
Total Puts	6	7	-14.29%
PUT/CALL Ratio	0.86	0.64	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

247

13F Shares

117M

124M

-5.72%

Total Value

$1.37B

$1.13B

20.63%

New Positions

-6

Increased Positions

105

+22

Closed Positions

Reduced Positions

-11

Total Calls

-36.36%

Total Puts

-14.29%

PUT/CALL Ratio

0.86

0.64

Neutral

Institutional Holders (2026 Q2)

247 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in REAL. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 REAL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Crestwood Capital Management, L.P.	10.04%	1,300,404	$15.3M
2	Woodson Capital Management, LP	6.51%	3,300,000	$38.9M
3	Kanen Wealth Management LLC	4.59%	1,589,448	$18.9M
4	Divisadero Street Capital Management, LP	2.46%	9,198,248	$108.4M
5	AWM Investment Company, Inc.	1.85%	1,803,647	$21.3M
6	Archon Capital Management LLC	1.10%	229,075	$2.7M
7	Kingdon Capital Management, L.L.C.	0.98%	813,000	$9.6M
8	Atika Capital Management LLC	0.73%	940,000	$11.1M
9	MYDA Advisors LLC	0.60%	340,000	$4.0M
10	West Tower Group, LLC	0.57%	17,273	$204K
11	Potrero Capital Research LLC	0.54%	82,719	$975K
12	Capricorn Fund Managers Ltd	0.54%	581,571	$6.9M
13	Blueshift Asset Management, LLC	0.53%	195,427	$2.3M
14	Manatuck Hill Partners, LLC	0.52%	132,769	$1.6M
15	Landscape Capital Management, L.L.C.	0.51%	673,173	$7.9M
16	Masters Capital Management LLC	0.45%	1,500,000	$17.7M
17	Shay Capital LLC	0.43%	563,162	$6.6M
18	Quantum Private Wealth, LLC	0.39%	128,506	$1.5M
19	Essex Investment Management Co LLC	0.36%	230,657	$2.7M
20	Capital Financial Group Inc\co\ /Adv	0.31%	49,803	$587K
21	Fund 1 Investments, LLC	0.28%	142,618	$1.7M
22	Portolan Capital Management, LLC	0.21%	478,194	$5.6M
23	Cannell Capital LLC	0.18%	23,039	$272K
24	Interval Partners, LP	0.18%	590,196	$7.0M
25	Zazove Associates LLC	0.18%	185,000	$2.2M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — The Realreal Inc (REAL)

What does the Smart Money Trend signal show for REAL?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added REAL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for REAL?

Slight buying edge — 58% buying: Last quarter: 161 funds bought or added vs 116 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for REAL holders?

Elite ownership — 55% AUM from top-100 funds: 46 of 249 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in REAL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held REAL?

53% of holders stayed for 2+ years: 134 out of 251 hedge funds have held REAL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy The Realreal Inc (REAL) following the 2026 Q2 hedge fund 13F filings?

As of today, REAL has moved -17.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -5.8% for the XLY sector ETF — an outperformance of -11.2%. Since the quarter end (June 30, 2026), REAL has gained -19.8% vs -5.0% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

The Realreal Inc (REAL)

Smart Money Signals — REAL

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +25% more funds vs a year ago

Slight buying edge — 58% buying

Steady new buyers — ~51 new funds per quarter

53% of holders stayed for 2+ years

Price up while funds trimmed (+32% value, -4% shares)

Steady discovery — ~51 new funds/quarter

Veteran-anchored — 63% veterans vs 25% newcomers

Elite ownership — 55% AUM from top-100 funds

Institutional Sentiment Summary — REAL

Hedge Fund Ownership: REAL

Market Analysis: REAL

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: REAL

Is It Too Late to Buy The Realreal Inc (REAL) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: REAL

Statistics: REAL

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — The Realreal Inc (REAL)

Welcome to 13Foresight!