Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in REAL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FMR LLC | 10.9M | $99.1M | -12.4% | 3.768% | 0.01% |
| 2 | BlackRock, Inc. | 9.1M | $82.7M | +3.9% | 3.145% | 0.00% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5M | $41.2M | β | 1.568% | 0.00% |
| 4 | TWO SIGMA INVESTMENTS, LP | 4.5M | $40.6M | +64.4% | 1.543% | 0.03% |
| 5 | D. E. Shaw & Co., Inc. | 4.4M | $39.8M | -2.8% | 1.513% | 0.04% |
| 6 | Divisadero Street Capital Management, LP | 4.3M | $39.4M | +37.9% | 1.499% | 1.85% |
| 7 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4.0M | $36.8M | +58.2% | 1.397% | 0.02% |
| 8 | MASTERS CAPITAL MANAGEMENT LLC | 4.0M | $36.3M | +100.0% | 1.381% | 3.23% |
| 9 | Qube Research & Technologies Ltd | 3.2M | $29.0M | +158.3% | 1.103% | 0.03% |
| 10 | AMERICAN CENTURY COMPANIES INC | 3.0M | $27.2M | +5.5% | 1.034% | 0.01% |
| 11 | GEODE CAPITAL MANAGEMENT, LLC | 2.9M | $25.9M | +16.5% | 0.984% | 0.00% |
| 12 | STATE STREET CORP | 2.8M | $25.3M | +1.5% | 0.962% | 0.00% |
| 13 | Woodson Capital Management, LP | 2.7M | $24.2M | +6.8% | 0.921% | 3.87% |
| 14 | CITADEL ADVISORS LLC | 2.5M | $22.4M | -4.2% | 0.851% | 0.01% |
| 15 | DRIEHAUS CAPITAL MANAGEMENT LLC | 2.3M | $21.3M | -50.8% | 0.808% | 0.16% |
| 16 | BNP PARIBAS ARBITRAGE, SA | 2.3M | $21.0M | -22.6% | 0.800% | 0.01% |
| 17 | Nuveen, LLC | 2.2M | $20.2M | +0.9% | 0.769% | 0.01% |
| 18 | GOLDMAN SACHS GROUP INC | 2.2M | $20.0M | +1.3% | 0.762% | 0.00% |
| 19 | UBS Group AG | 2.2M | $19.7M | -39.4% | 0.747% | 0.00% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.1M | $19.5M | +36.3% | 0.740% | 0.00% |
| 21 | Point72 Asset Management, L.P. | 2.0M | $18.1M | +178.7% | 0.687% | 0.03% |
| 22 | Squarepoint Ops LLC | 1.8M | $16.2M | +27.1% | 0.615% | 0.02% |
| 23 | RENAISSANCE TECHNOLOGIES LLC | 1.6M | $14.9M | +117.9% | 0.568% | 0.02% |
| 24 | BANK OF AMERICA CORP /DE/ | 1.6M | $14.1M | +22.7% | 0.537% | 0.00% |
| 25 | AWM Investment Company, Inc. | 1.5M | $13.5M | +4.2% | 0.512% | 1.49% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in REAL β a direct measure of their conviction.
Filings activity in REAL during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new REAL position in Q1 2026
Institutions that fully closed their REAL position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 238 | +2.1% | 35.46% | 26.10 pp | $1.06B | 42% |
| Q4 2025 | 233 | +7.4% | 61.56% | +24.28 pp | $1.83B | +65% |
| Q3 2025 | 217 | +9.0% | 37.28% | +21.66 pp | $1.11B | +139% |
| Q2 2025 | 199 | 2.9% | 15.62% | 0.74 pp | $465M | 4.5% |
| Q1 2025 | 205 | +9.6% | 16.36% | 17.61 pp | $487M | 52% |
| Q4 2024 | 187 | +23% | 33.97% | +26.42 pp | $1.01B | +350% |
| Q3 2024 | 152 | +0.0% | 7.55% | +0.31 pp | $225M | +4.3% |
| Q2 2024 | 152 | β | 7.24% | β | $216M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying REAL stock.
Based on Q1 2026 13F filings, institutional ownership of The RealReal, Inc. stands at 35.5%, held across 238 reporting institutions.
FMR LLC is the largest reported institutional holder of REAL, with approximately 10,917,753 shares worth $0.10B as of Q1 2026.
Yes β 5 widely-followed marquee investors appear among the top 25 institutional holders of REAL, including TWO SIGMA INVESTMENTS, LP, CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, Point72 Asset Management, L.P., RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for REAL is 58 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
56 institutions opened new positions in REAL during Q1 2026, while 51 fully exited. 31 added to existing positions and 150 trimmed.
REAL institutional ownership fell by 26.10 percentage points quarter-over-quarter, with a net change of +5 holders.
The top 10 institutions account for 44.7% of all reported 13F value in REAL, and the top 25 account for 72.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
The RealReal, Inc. (REAL) Institutional Ownership