TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
98 hedge funds and large institutions have $247M invested in TrueCar in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 9 closing their positions.
53,900% more call options, than puts
Call options by funds: $540K | Put options by funds: $1K
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
3% more funds holding
Funds holding: 95 → 98 (+3)
0.99% less ownership
Funds ownership: 80.76% → 79.77% (-0.99%)
3% less capital invested
Capital invested by funds: $254M → $247M (-$7.16M)
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.41M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$833K |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$707K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$524K |
| 5 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.17M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$1.51M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$744K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$617K |
| 5 |
BlackRock
New York
|
-$482K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$152K | -43,769 | Closed |
|
|
QOP
102
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$69.2K | -20,000 | Closed |
|
|
BFG
103
Bleakley Financial Group
Fairfield,
New Jersey
| – | -$49.5K | -14,302 | Closed |
|
|
EGM
104
Engineers Gate Manager
New York
| – | -$45.4K | -13,112 | Closed |
|
|
TRCT
105
Tower Research Capital (TRC)
New York
| – | -$19.6K | -5,664 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$19.4K | -5,605 | Closed |
|
|
GWS
107
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.87K | -540 | Closed |
|
TRUE Hedge Fund Activity: Q1 2024 in Review
98 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q1 2024, worth a combined $247M — down 2.8% from $254M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TRUE positions and 9 closed out — a net gain of 4 holders — while 28 added to existing stakes and 40 trimmed.
The largest buyer was Cannell Capital, adding an estimated $1.41M. The largest seller was Morgan Stanley, cutting an estimated $2.17M.
- 98 institutional investors held TrueCar (TRUE) as of Q1 2024, up from 95 in Q4 2023.
- Funds reported $247M of TrueCar stock for Q1 2024, down 2.8% quarter-over-quarter.
- 13 funds opened new TrueCar positions in Q1 2024 and 9 closed out, a net change of +4 holders.
- The largest TrueCar buyer in Q1 2024 was Cannell Capital, an estimated $1.41M added.
- The largest TrueCar seller in Q1 2024 was Morgan Stanley, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2024.