John Wyclif has been described as "ultrarealist" in his theory of universals. This paper attempts a preliminary assessment of that judgment and argues that, pending further study, we have no reason to accept it. It is certainly true that Wyclif is extremely vocal and insistent about his realism, but it is not obvious that the actual content of his view is especially extreme. The paper distinguishes two common medieval notions of a universal, the Aristotelian/Porphyrian one in terms of predication and the Boethian one in terms of being metaphysically common to many. On neither approach does Wyclif 's theory of universals postulate new and non-standard entities besides those recognized by more usual versions of realism. Again pending further study, neither do Wyclif 's views appear to assign philosophically extreme or novel roles to the entities he does recognize as universal. On the contrary, by at least one measure, his theory of universals is less extreme than Walter Burley's, as Wyclif himself observes. For Wyclif, the universal is numerically identical with its singulars, but numerical identity is governed by something weaker than the Indiscernibility of identicals.