TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
121 hedge funds and large institutions have $863M invested in TrueCar in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 37 reducing their positions, and 24 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 37
39% more call options, than puts
Call options by funds: $4.55M | Put options by funds: $3.28M
1.22% more ownership
Funds ownership: 89.51% → 90.73% (+1.2%)
7% less funds holding
Funds holding: 130 → 121 (-9)
14% less capital invested
Capital invested by funds: $1B → $863M (-$139M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$27.8M |
| 2 |
6CM
683 Capital Management
New York
|
+$17.8M |
| 3 |
Two Sigma Investments
New York
|
+$13.1M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$8.34M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$20.2M |
| 2 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$10.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.92M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.8M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$9.11M |
TRUE Hedge Fund Activity: Q1 2018 in Review
121 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q1 2018, worth a combined $863M — down 14% from $1B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TRUE and 16 opened new positions — a net loss of 8 holders — while 37 trimmed existing stakes and 53 added.
The largest buyer was PAR Capital Management, adding an estimated $27.8M. The largest seller was Wasatch Advisors, cutting an estimated $20.2M.
- 121 institutional investors held TrueCar (TRUE) as of Q1 2018, down from 130 in Q4 2017.
- Funds reported $863M of TrueCar stock for Q1 2018, down 14% quarter-over-quarter.
- 16 funds opened new TrueCar positions in Q1 2018 and 24 closed out, a net change of -8 holders.
- The largest TrueCar buyer in Q1 2018 was PAR Capital Management, an estimated $27.8M added.
- The largest TrueCar seller in Q1 2018 was Wasatch Advisors, an estimated $20.2M sold.
Based on aggregated 13F filings for Q1 2018.