TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
101 hedge funds and large institutions have $151M invested in TrueCar in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.33% less ownership
Funds ownership: 82.37% → 81.03% (-1.3%)
4% less funds holding
Funds holding: 105 → 101 (-4)
9% less capital invested
Capital invested by funds: $166M → $151M (-$14.9M)
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
87% less call options, than puts
Call options by funds: $21K | Put options by funds: $156K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$1.82M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$497K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$376K |
| 4 |
Millennium Management
New York
|
+$227K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$715K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$500K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$399K |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$396K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$378K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
101
Versant Capital Management
Phoenix,
Arizona
| $257 | +$284 | +124 | New |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| $207 | +$69 | +30 | +43% |
|
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$715K | -311,772 | Closed |
|
|
PCM
104
Portolan Capital Management
Boston,
Massachusetts
| – | -$396K | -175,285 | Closed |
|
|
105
Marshall Wace
London,
United Kingdom
| – | -$378K | -167,101 | Closed |
|
|
IC
106
IEQ Capital
Foster City,
California
| – | -$129K | -56,888 | Closed |
|
|
CANY
107
Caxton Associates (New York)
New York
| – | -$115K | -51,003 | Closed |
|
|
CSS
108
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$92.8K | -41,042 | Closed |
|
109
Corient Private Wealth
Miami,
Florida
| – | -$23.6K | -10,433 | Closed |
|
|
PMEF
110
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$22.8K | -10,092 | Closed |
|
|
QT
111
Quantbot Technologies
New York
| – | -$3.71K | -1,644 | Closed |
|
112
Point72 Asset Management
Stamford,
Connecticut
| – | -$2 | -1 | Closed |
|
TRUE Hedge Fund Activity: Q3 2023 in Review
101 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q3 2023, worth a combined $151M — down 9% from $166M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TRUE and 6 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 28 added.
The largest buyer was Mill Road Capital Management, adding an estimated $1.82M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $715K sold.
- 101 institutional investors held TrueCar (TRUE) as of Q3 2023, down from 105 in Q2 2023.
- Funds reported $151M of TrueCar stock for Q3 2023, down 9% quarter-over-quarter.
- 6 funds opened new TrueCar positions in Q3 2023 and 10 closed out, a net change of -4 holders.
- The largest TrueCar buyer in Q3 2023 was Mill Road Capital Management, an estimated $1.82M added.
- The largest TrueCar seller in Q3 2023 was Susquehanna International Group, an estimated $715K sold.
Based on aggregated 13F filings for Q3 2023.