Is The RealReal (REAL) a Worthy Investment?
Michigan-based investment advisor Cedar Grove Capital Management recently released its first quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | 46,221,000 | $78,452,056 | +63% | 0.09% | |
| 2. | Driehaus Capital Richard Driehaus | 4,754,440 | $75,025,063 | +54% | 0.51% |
| 3. | D E Shaw D. E. Shaw | 4,490,789 | $70,864,651 | +8% | 0.04% |
| 4. | 35,496,000 | $60,246,253 | +77% | 1.44% | |
| 5. | Divisadero Street Capital William Zolezzi | 3,150,443 | $49,713,991 | +22% | 2.33% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $4.32 | 11 | $47.52 | 1,266,863 | 2024-06-03 | Filing | |
| $2.51 | 19,840 | $49,798.40 | 3,008,471 | 2024-08-09 | Filing | |
| $2.51 | 79 | $198.29 | 2,988,631 | 2024-08-09 | Filing | |
| $3.85 | 6,400 | $24,640.00 | 183,376 | 2024-03-08 | Filing | |
| $3.85 | 6,500 | $25,025.00 | 183,476 | 2024-03-08 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $9.29 | 51,585 | $479,224.65 | 1,179,307 | 2026-03-19 | Filing | |
| $10.72 | 7,870 | $84,366.40 | 1,124,711 | 2026-02-23 | Filing | |
| $10.72 | 23,511 | $252,037.92 | 1,132,581 | 2026-02-23 | Filing | |
| $10.72 | 2,440 | $26,156.80 | 479,656 | 2026-02-23 | Filing | |
| $10.72 | 8,321 | $89,201.12 | 482,096 | 2026-02-23 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 2,229,222 | $20,241,336 | 0.01% | |
| 2. | 548,730 | $4,982,468 | 0.78% | |
| 3. | 5,307 | $4,879,114 | 4.04% | |
| 4. | 492,806 | $4,474,678 | 0.67% | |
| 5. | 273,999 | $2,487,911 | 0.05% |