$REAL

$11.00 +$0.21 (1.95%) Live

$REAL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 121.7M shares outstanding

Who owns REAL?

By type of holder

Institutions 92.4% Insiders 7.6% Everyone else 0.0%

Concentration Top 10 holders own 60.7%

Baird Gilbert L. III 18.6% · BlackRock, Inc. 9.4%

Institutional ownership

92.4%

-2.8 pts vs last qtr

Institutional holders

247

-1 vs last qtr

Net shares bought

−3.5M

by institutions in Q2 2026

New / sold out

48 / 49

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Divisadero Street Capital Management, LP +4.9M
BlackRock, Inc. +2.3M

Biggest sellers in Q2 2026

FMR LLC −5.9M
Jane Street Group, LLC −2.1M

Who is planning to sell?

Notices of proposed sale, last 12 months

$114M

13 notices from 7 people

Shares covered

8.0M

6.59% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

PWP Growth Equity Fund II LP Affiliate $82M
PWP Growth Equity Fund II B LP Affiliate $23.6M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2019–FY2025

+145.4%

+16.14% a year

Each share's claim on the business

−59.3%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

— vs $219M

over 7 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years43% 3–5 years11% 1–3 years30% Under 1 year16%

Quarterly turnover

22.1%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting REAL on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
B BlackRock, Inc.	11.4M	9.38%	+2.3M (+25.2%)	≤2021	0.0%
Shares held by quarter Peak holding11.4M (Q2'26) Change over 8 quarters+4.3M Share of the company9.380% BlackRock, Inc.'s full portfolio →
F FMR LLC	5.0M	4.15%	−5.9M (−53.8%)	≤2021	0.0%
Shares held by quarter Peak holding12.5M (Q4'25) Change over 8 quarters+5.0M Share of the company4.150% FMR LLC's full portfolio →

BlackRock, Inc.

11.4M

% of company

9.38%

Change vs last qtr

+2.3M (+25.2%)

Held since

≤2021

FMR LLC

5.0M

% of company

4.15%

Change vs last qtr

−5.9M (−53.8%)

Held since

≤2021

28 more super investors behind a free account

See every manager holding The RealReal, Inc., how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting REAL on Form N-PORT; together they hold 31.4% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$40.6M	3.4M	2.83%	0.00%	June 30, 2026
IR iShares Russell 2000 ETF iShares Trust	$34.7M	2.9M	2.42%	0.04%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$40.6M

% of company

2.83%

% of the fund

0.00%

As of

June 30, 2026

iShares Russell 2000 ETF

iShares Trust

Position value

$34.7M

% of company

2.42%

% of the fund

0.04%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding The RealReal, Inc. and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
BG Baird Gilbert L. III Insider	22.6M	18.59%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company18.590% Baird Gilbert L. III's insider activity →
KD Kanen David 5%+ holder 13D · 3.9%	4.3M	3.53%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company3.530% Disclosed stake13D · 3.9% View the 13D/G filing →

Baird Gilbert L. III

Insider

22.6M

% of company

18.59%

Change vs last qtr

—

Held since

—

Kanen David

5%+ holder13D · 3.9%

4.3M

% of company

3.53%

Change vs last qtr

—

Held since

—

15 more holders behind a free account

See every insider and 5%+ holder of The RealReal, Inc..

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