On May 15, 2026, Kanen Wealth Management LLC disclosed it sold 466,403 shares of The RealReal (NASDAQ:REAL), an estimated $5.90 million trade based on the quarterly average price.
This online marketplace specializes in authenticated, consigned luxury goods for U.S. consumers seeking sustainable shopping options
What happened Kanen Wealth Management LLC disclosed in a May 15, 2026, SEC filing that it sold 466,403 shares of The RealReal during the first quarter. The estimated value of these sales was approximately $5.90 million, based on the mean unadjusted closing price for the quarter. The quarter-end value of the position declined by $16.70 million, reflecting both trading and price movements.
What else to know After the sales, The RealReal represented 4.55% of Kanen’s reportable assets under management Top holdings after the filing: – NYSE: COMP: $46.85 million (16.8% of AUM) – NASDAQ: ALLT: $30.99 million (11.1% of AUM) – NYSE: BNED: $30.23 million (10.9% of AUM) – NASDAQ: POWW: $23.50 million (8.5% of AUM) – NASDAQ: INSE: $19.12 million (6.9% of AUM) As of May 15, 2026, shares of The RealReal were priced at $9.06, up 71.9% over the past year, outperforming the S&P 500 by 46.71 percentage points Company overview Company snapshot – Offers an online marketplace for consigned luxury goods, including women’s, men’s, and kids’ clothing, jewelry, watches, home, and art products. – Targets consumers seeking authenticated, pre-owned luxury goods, with a primary customer base in the United States. – Leverages a scalable digital platform and expert authentication to differentiate itself in the luxury resale market. The RealReal is a leading online marketplace specializing in authenticated, consigned luxury goods. The company focuses on trust and quality to capture the growing demand for sustainable, value-driven luxury shopping.