TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
73 hedge funds and large institutions have $390M invested in TrueCar in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 14 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
51% more capital invested
Capital invested by funds: $257M → $390M (+$132M)
25% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.3M
6% less funds holding
Funds holding: 78 → 73 (-5)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$12M |
| 2 |
SM
Senvest Management
New York
|
+$9.97M |
| 3 |
Morgan Stanley
New York
|
+$3.2M |
| 4 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$2.92M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$3.98M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.41M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.13M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.03M |
| 5 |
SIM
Spark Investment Management
New York
|
-$869K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$295K | -44,445 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$144K | -25,824 | Closed |
|
|
PPA
78
Parametric Portfolio Associates
Seattle,
Washington
| – | -$101K | -18,090 | Closed |
|
|
ZIM
79
Zacks Investment Management
Chicago,
Illinois
| – | -$98K | -17,605 | Closed |
|
80
Squarepoint
New York
| – | -$83K | -14,900 | Closed |
|
81
Jane Street
New York
| – | -$82K | -14,732 | Closed |
|
|
STMM
82
South Texas Money Management
San Antonio,
Texas
| – | -$77K | -13,822 | Closed |
|
83
SG Americas Securities
New York
| – | -$67K | -11,901 | Closed |
|
|
CI
84
Cowen Inc
New York
| – | -$61K | -11,000 | Closed |
|
|
PP
85
Paloma Partners
Greenwich,
Connecticut
| – | -$60K | -10,700 | Closed |
|
|
QT
86
Quantbot Technologies
New York
| – | -$55K | -9,845 | Closed |
|
TRUE Hedge Fund Activity: Q2 2016 in Review
73 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q2 2016, worth a combined $390M — up 51% from $257M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TRUE and 9 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 30 added.
The largest buyer was Caledonia Investments (Australia), opening a new position worth an estimated $12M. The largest seller was United Services Automobile Association, cutting an estimated $3.98M.
- 73 institutional investors held TrueCar (TRUE) as of Q2 2016, down from 78 in Q1 2016.
- Funds reported $390M of TrueCar stock for Q2 2016, up 51% quarter-over-quarter.
- 9 funds opened new TrueCar positions in Q2 2016 and 14 closed out, a net change of -5 holders.
- The largest TrueCar buyer in Q2 2016 was Caledonia Investments (Australia), an estimated $12M added.
- The largest TrueCar seller in Q2 2016 was United Services Automobile Association, an estimated $3.98M sold.
Based on aggregated 13F filings for Q2 2016.