TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
105 hedge funds and large institutions have $166M invested in TrueCar in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 39 increasing their positions, 39 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 39
0.32% less ownership
Funds ownership: 82.69% → 82.37% (-0.32%)
2% less capital invested
Capital invested by funds: $169M → $166M (-$2.73M)
8% less funds holding
Funds holding: 114 → 105 (-9)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
98% less call options, than puts
Call options by funds: $34K | Put options by funds: $1.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$1.31M |
| 2 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$1.16M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$961K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$789K |
| 5 |
JAMONY
Jacob Asset Management of New York
Hermosa Beach,
California
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$795K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$420K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$406K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$369K |
TRUE Hedge Fund Activity: Q2 2023 in Review
105 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q2 2023, worth a combined $166M — down 1.6% from $169M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TRUE and 5 opened new positions — a net loss of 9 holders — while 39 trimmed existing stakes and 39 added.
The largest buyer was Whetstone Capital Advisors, adding an estimated $1.31M. The largest seller was Millennium Management, cutting an estimated $1.3M.
- 105 institutional investors held TrueCar (TRUE) as of Q2 2023, down from 114 in Q1 2023.
- Funds reported $166M of TrueCar stock for Q2 2023, down 1.6% quarter-over-quarter.
- 5 funds opened new TrueCar positions in Q2 2023 and 14 closed out, a net change of -9 holders.
- The largest TrueCar buyer in Q2 2023 was Whetstone Capital Advisors, an estimated $1.31M added.
- The largest TrueCar seller in Q2 2023 was Millennium Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q2 2023.