TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
95 hedge funds and large institutions have $254M invested in TrueCar in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 38 reducing their positions, and 13 closing their positions.
3,900% more call options, than puts
Call options by funds: $40K | Put options by funds: $1K
68% more capital invested
Capital invested by funds: $151M → $254M (+$103M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.27% less ownership
Funds ownership: 81.03% → 80.76% (-0.27%)
6% less funds holding
Funds holding: 101 → 95 (-6)
26% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 38
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.18M |
| 2 |
BlackRock
New York
|
+$1.26M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
+$708K |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$545K |
| 5 |
Barclays
London,
United Kingdom
|
+$317K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$737K |
| 2 |
PCM
Prelude Capital Management
New York
|
-$687K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$409K |
| 4 |
Millennium Management
New York
|
-$394K |
| 5 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
-$264K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Walleye Trading
New York
| – | -$40.6K | -19,629 | Closed |
|
|
GCM
102
Gladius Capital Management
Chicago,
Illinois
| – | -$31.8K | -15,367 | Closed |
|
103
Allspring Global Investments
Charlotte,
North Carolina
| – | -$29K | -14,022 | Closed |
|
104
Mercer Global Advisors
Denver,
Colorado
| – | -$21K | -10,375 | Closed |
|
|
EWA
105
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$4.31K | -2,083 | Closed |
|
106
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2.57K | -1,243 | Closed |
|
107
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.14K | -1,034 | Closed |
|
108
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$207 | -100 | Closed |
|
TRUE Hedge Fund Activity: Q4 2023 in Review
95 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q4 2023, worth a combined $254M — up 68% from $151M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TRUE and 9 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $2.18M. The largest seller was Cannell Capital, cutting an estimated $737K.
- 95 institutional investors held TrueCar (TRUE) as of Q4 2023, down from 101 in Q3 2023.
- Funds reported $254M of TrueCar stock for Q4 2023, up 68% quarter-over-quarter.
- 9 funds opened new TrueCar positions in Q4 2023 and 13 closed out, a net change of -4 holders.
- The largest TrueCar buyer in Q4 2023 was Morgan Stanley, an estimated $2.18M added.
- The largest TrueCar seller in Q4 2023 was Cannell Capital, an estimated $737K sold.
Based on aggregated 13F filings for Q4 2023.