Who owns REAL (REAL)
Which tracked institutional funds hold REAL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See REAL company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on REAL is one-sided between 2025-Q4 and 2026-Q1: 39 added or opened and 115 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
REAL’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes REAL more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in REAL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 243 tracked filers holding REAL, 141 increased or opened the position and 122 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in REAL between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 20
- VANGUARD CAPITAL MANAGEMENT LLC$41M
- VANGUARD PORTFOLIO MANAGEMENT LLC$9M
- VANGUARD FIDUCIARY TRUST CO$6M
- Counterpoint Mutual Funds LLC$4M
- Hillsdale Investment Management Inc.$4M
- KINGDON CAPITAL MANAGEMENT, L.L.C.$4M
Full exits 26
- VANGUARD GROUP INC$87M
- TWO SIGMA ADVISERS, LP$39M
- BIT Capital GmbH$18M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.$10M
- Night Squared LP$6M
- Informed Momentum Co LLC$6M
Largest adds
- JANE STREET GROUP, LLC$16M
- Qube Research & Technologies Ltd$9M
- AQR CAPITAL MANAGEMENT LLC$9M
- Point72 Asset Management, L.P.$8M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$4M
- XTX Topco Ltd$4M
Largest trims
- FMR LLC$108M
- BlackRock, Inc.$56M
- Driehaus Capital Management LLC$54M
- UBS Group AG$32M
- D. E. Shaw & Co., Inc.$31M
- BNP PARIBAS FINANCIAL MARKETS$26M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC trimmed | 9,763,312 | $89M | 7.3% | 2026-Q1 |
| BlackRock, Inc. added | 9,111,258 | $83M | 6.8% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,542,550 | $41M | 3.4% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 4,469,347 | $41M | 3.4% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 4,383,797 | $40M | 3.3% | 2026-Q1 |
| Divisadero Street Capital Management, LP added | 4,342,757 | $39M | 3.3% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 4,049,042 | $37M | 3.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 3,195,482 | $29M | 2.4% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 2,994,474 | $27M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,852,047 | $26M | 2.1% | 2026-Q1 |
| STATE STREET CORP added | 2,787,409 | $25M | 2.1% | 2026-Q1 |
| Woodson Capital Management, LP added | 2,669,420 | $24M | 2.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 2,490,483 | $23M | 1.9% | 2026-Q1 |
| Driehaus Capital Management LLC trimmed | 2,340,520 | $21M | 1.8% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 2,316,611 | $21M | 1.7% | 2026-Q1 |
| Nuveen, LLC added | 2,229,222 | $20M | 1.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,206,339 | $20M | 1.7% | 2026-Q1 |
| MASTERS CAPITAL MANAGEMENT LLC | 2,000,000 | $18M | 1.5% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,876,363 | $17M | 1.4% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,827,713 | $17M | 1.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 1,783,371 | $16M | 1.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,646,200 | $15M | 1.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,556,314 | $14M | 1.2% | 2026-Q1 |
| AWM Investment Company, Inc. added | 1,483,847 | $13M | 1.1% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 1,442,639 | $13M | 1.1% | 2026-Q1 |
| Crestwood Capital Management, L.P. added | 1,418,081 | $13M | 1.1% | 2026-Q1 |
| UBS Group AG trimmed | 1,407,075 | $13M | 1.1% | 2026-Q1 |
| Kanen Wealth Management LLC trimmed | 1,391,907 | $13M | 1.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,360,270 | $12M | 1.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,032,454 | $9M | 0.8% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 963,524 | $9M | 0.7% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 952,439 | $9M | 0.7% | 2026-Q1 |
| Interval Partners, LP added | 918,033 | $8M | 0.7% | 2026-Q1 |
| NORTHERN TRUST CORP added | 861,310 | $8M | 0.6% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 836,608 | $8M | 0.6% | 2026-Q1 |
| Engineers Gate Manager LP added | 796,676 | $7M | 0.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 768,996 | $7M | 0.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 691,647 | $6M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 662,373 | $6M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 706,257 | $6M | 0.5% | 2026-Q1 |
| HRT FINANCIAL LP added | 595,551 | $5M | 0.4% | 2026-Q1 |
| ROYCE & ASSOCIATES LP trimmed | 570,686 | $5M | 0.4% | 2026-Q1 |
| Capricorn Fund Managers Ltd added | 548,730 | $5M | 0.4% | 2026-Q1 |
| Hudson Bay Capital Management LP | 539,300 | $5M | 0.4% | 2026-Q1 |
| Counterpoint Mutual Funds LLC added | 492,806 | $4M | 0.4% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 480,195 | $4M | 0.4% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 451,606 | $4M | 0.3% | 2026-Q1 |
| Atika Capital Management LLC trimmed | 451,055 | $4M | 0.3% | 2026-Q1 |
| Hillsdale Investment Management Inc. new | 435,600 | $4M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 422,023 | $4M | 0.3% | 2026-Q1 |
| XTX Topco Ltd added | 413,386 | $4M | 0.3% | 2026-Q1 |
| Jump Financial, LLC trimmed | 405,291 | $4M | 0.3% | 2026-Q1 |
| KINGDON CAPITAL MANAGEMENT, L.L.C. new | 400,000 | $4M | 0.3% | 2026-Q1 |
| Trexquant Investment LP trimmed | 384,146 | $3M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 368,845 | $3M | 0.3% | 2026-Q1 |
| G2 Investment Partners Management LLC trimmed | 362,525 | $3M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 348,722 | $3M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp added | 341,277 | $3M | 0.3% | 2026-Q1 |
| MYDA Advisors LLC added | 340,000 | $3M | 0.3% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 338,070 | $3M | 0.3% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 330,345 | $3M | 0.2% | 2026-Q1 |
| Archon Capital Management LLC trimmed | 329,075 | $3M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 309,620 | $3M | 0.2% | 2026-Q1 |
| BARCLAYS PLC added | 300,963 | $3M | 0.2% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 284,190 | $3M | 0.2% | 2026-Q1 |
| Y-Intercept (Hong Kong) Ltd added | 273,999 | $2M | 0.2% | 2026-Q1 |
| RBF Capital, LLC trimmed | 270,000 | $2M | 0.2% | 2026-Q1 |
| Shay Capital LLC added | 268,911 | $2M | 0.2% | 2026-Q1 |
| Manatuck Hill Partners, LLC trimmed | 252,769 | $2M | 0.2% | 2026-Q1 |
| Man Group plc added | 252,424 | $2M | 0.2% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 250,033 | $2M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 244,636 | $2M | 0.2% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC trimmed | 235,568 | $2M | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 234,868 | $2M | 0.2% | 2026-Q1 |
| POLEN CAPITAL MANAGEMENT LLC added | 221,865 | $2M | 0.2% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 206,804 | $2M | 0.2% | 2026-Q1 |
| Penn Capital Management Company, LLC trimmed | 206,440 | $2M | 0.2% | 2026-Q1 |
| Swiss National Bank | 193,100 | $2M | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 182,043 | $2M | 0.1% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 181,509 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 5,542,633 | $87M | 7.2% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 2,448,800 | $39M | 3.2% | 2025-Q4 stale |
| BIT Capital GmbH added | 1,133,140 | $18M | 1.5% | 2025-Q4 stale |
| MAVERICK CAPITAL LTD added | 931,549 | $10M | 0.8% | 2025-Q3 stale |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 609,792 | $10M | 0.8% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC trimmed | 713,518 | $8M | 0.6% | 2025-Q3 stale |
| Night Squared LP new | 403,325 | $6M | 0.5% | 2025-Q4 stale |
| Informed Momentum Co LLC added | 399,091 | $6M | 0.5% | 2025-Q4 stale |
| COMERICA BANK trimmed | 350,023 | $6M | 0.5% | 2025-Q4 stale |
| Quinn Opportunity Partners LLC trimmed | 1,023,237 | $6M | 0.5% | 2025-Q1 stale |
| Think Investments LP new | 897,547 | $4M | 0.4% | 2025-Q2 stale |
| Saba Capital Management, L.P. trimmed | 327,967 | $3M | 0.3% | 2025-Q3 stale |
| Universal- Beteiligungs- und Servicegesellschaft mbH new | 202,039 | $3M | 0.3% | 2025-Q4 stale |
| Roubaix Capital, LLC new | 595,449 | $3M | 0.2% | 2025-Q2 stale |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 572,052 | $3M | 0.2% | 2025-Q2 stale |
| Jain Global LLC added | 146,139 | $2M | 0.2% | 2025-Q4 stale |
| Blueshift Asset Management, LLC added | 196,893 | $2M | 0.2% | 2025-Q3 stale |
| Aquatic Capital Management LLC added | 196,159 | $2M | 0.2% | 2025-Q3 stale |
| Anthracite Investment Company, Inc. trimmed | 417,706 | $2M | 0.2% | 2025-Q2 stale |
| Voleon Capital Management LP added | 116,696 | $2M | 0.2% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.