The RealReal, Inc.
US ˙ NasdaqGS ˙ US88339P1012

SecurityREAL / The RealReal, Inc.
InstitutionSei Investments Co
Latest Disclosed Ownership161,725 shares
Latest Disclosed Value $ 2,552,015
Sei Investments Co reports 177.73% increase in ownership of REAL / The RealReal, Inc.

On February 13, 2026 - Sei Investments Co filed a 13F-HR form disclosing ownership of 161,725 shares of The RealReal, Inc. (US:REAL) valued at $2,552,020 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 58,230 shares of The RealReal, Inc.. This represents a change in shares of 177.73% during the quarter. The current value of the position is $1,474,932 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F THE REALREAL COM 88339P101 161,725 103,495 177.73 2,552 312.94
2025-11-13 2025-09-30 13F THE REALREAL COM 88339P101 58,230 58,230 619 0.0007
2025-08-14 2025-06-30 13F THE REALREAL COM 88339P101 0 -45,842 -100.00 0 -100.00
2025-05-14 2025-03-31 13F/A-1 THE REALREAL COM 88339P101 45,842 -27,805 -37.75 247 -69.28 0.0003
2025-05-13 2025-03-31 13F THE REALREAL COM 88339P101 44,882 -28,765 273 0.0003
2025-02-11 2024-12-31 13F THE REALREAL COM 88339P101 73,647 73,647 805 0.0010
2021-11-12 2021-09-30 13F THE REALREAL COM 88339P101 0 -13,733 -100.00 0 -100.00
2021-08-06 2021-06-30 13F THE REALREAL COM 88339P101 13,733 -13,996 -50.47 303 -42.29 0.0007
2021-05-12 2021-03-31 13F THE REALREAL COM 88339P101 27,729 0 0.00 525 0.00 0.0013
2021-02-08 2020-12-31 13F THE REALREAL COM 88339P101 27,729 -22,866 -45.19 525 -29.81 0.0014
2020-12-04 2020-09-30 13F/A-1 THE REALREAL COM 88339P101 50,595 29,895 144.42 748 91.79 0.0022
2020-11-06 2020-09-30 13F THE REALREAL COM 88339P101 86,018 65,318 1,261 3,036.2076
2020-08-11 2020-06-30 13F THE REALREAL COM 88339P101 20,700 20,700 390 0.0012
2020-05-14 2020-03-31 13F THE REALREAL COM 88339P101 0 -20,700 -100.00 0 -100.00
2020-02-06 2019-12-31 13F THE REALREAL COM 88339P101 20,700 -10,426 -33.50 390 -43.97 0.0012
2019-11-12 2019-09-30 13F THE REALREAL COM 88339P101 31,126 31,126 696 0.0018
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.