TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
113 hedge funds and large institutions have $174M invested in TrueCar in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 52 reducing their positions, and 28 closing their positions.
43% more capital invested
Capital invested by funds: $122M → $174M (+$52M)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
2% less funds holding
Funds holding: 115 → 113 (-2)
6.86% less ownership
Funds ownership: 88.91% → 82.05% (-6.9%)
58% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 52
92% less call options, than puts
Call options by funds: $146K | Put options by funds: $1.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.98M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.67M |
| 3 |
Millennium Management
New York
|
+$1.03M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$559K |
| 5 |
BCM
BCK Capital Management
Stamford,
Connecticut
|
+$523K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$8.11M |
| 2 |
Bank of New York Mellon
New York
|
-$3.31M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$2.78M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.61M |
| 5 |
BlackRock
New York
|
-$1.04M |
TRUE Hedge Fund Activity: Q4 2022 in Review
113 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q4 2022, worth a combined $174M — up 43% from $122M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TRUE and 26 opened new positions — a net loss of 2 holders — while 52 trimmed existing stakes and 22 added.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $4.98M. The largest seller was PAR Capital Management, exiting entirely with an estimated $8.11M sold.
- 113 institutional investors held TrueCar (TRUE) as of Q4 2022, down from 115 in Q3 2022.
- Funds reported $174M of TrueCar stock for Q4 2022, up 43% quarter-over-quarter.
- 26 funds opened new TrueCar positions in Q4 2022 and 28 closed out, a net change of -2 holders.
- The largest TrueCar buyer in Q4 2022 was Portolan Capital Management, an estimated $4.98M added.
- The largest TrueCar seller in Q4 2022 was PAR Capital Management, an estimated $8.11M sold.
Based on aggregated 13F filings for Q4 2022.