Act II Management’s TrueCar TRUE Stock Holding History

Act II Management’s Portfolio TRUE Stock Details TRUE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-393,500	Closed	-$4.72M	–	27
2015 Q2	$4.72M	Sell	393,500 -30,000	-7%	-$432K	2.41%	20
2015 Q1	$7.56M	Buy	423,500 +281,400	+198%	+$5.25M	3.81%	12
2014 Q4	$3.25M	Buy	+142,100	New	+$2.78M	1.72%	19

Other funds holding TRUE

USAA

United Services Automobile Association San Antonio, Texas $851M AUM 5.13% 1-Year Est. Return

PCM

PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

SIM

SRS Investment Management New York $9.47B AUM 60.12% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Oakmont Corp Los Angeles, California $526M AUM 7.52% 1-Year Est. Return

Act II Management's TRUE Position: Q3 2015 in Review

Act II Management sold out of TrueCar (TRUE) in Q3 2015, closing a stake of 393,500 shares — an estimated $4.72M sold.

Act II Management first reported a position in TRUE in Q4 2014 and held it in 3 quarters. The position peaked at $7.56M in Q1 2015. 77 funds tracked by Wall St. Rank hold TRUE as of Q3 2015.

Act II Management reported no remaining TrueCar position as of Q3 2015 after selling out during the quarter.
Act II Management sold 393,500 TrueCar shares in Q3 2015, an estimated $4.72M.
Act II Management first reported a position in TrueCar in Q4 2014 and held it in 3 quarters.
Act II Management's TrueCar position peaked at $7.56M in Q1 2015.
77 funds tracked by Wall St. Rank held TrueCar as of Q3 2015.

Based on Act II Management's 13F filing for Q3 2015, filed 16 Nov 2015.