TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
78 hedge funds and large institutions have $257M invested in TrueCar in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 13 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
3% more funds holding
Funds holding: 76 → 78 (+2)
38% less call options, than puts
Call options by funds: $711K | Put options by funds: $1.15M
44% less capital invested
Capital invested by funds: $457M → $257M (-$200M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$5.02M |
| 2 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$1.41M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.28M |
| 4 |
SW
SVB Wealth
Boston,
Massachusetts
|
+$1.04M |
| 5 |
SIM
Spark Investment Management
New York
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.17M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.55M |
| 3 |
EIGI
Elmrox Investment Group IM
New York
|
-$5.45M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$3.55M |
| 5 |
HLC
Hunt Lane Capital
New York
|
-$2.35M |
TRUE Hedge Fund Activity: Q1 2016 in Review
78 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q1 2016, worth a combined $257M — down 44% from $457M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TRUE positions and 13 closed out — a net gain of 2 holders — while 28 added to existing stakes and 19 trimmed.
The largest buyer was PAR Capital Management, adding an estimated $5.02M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $7.17M sold.
- 78 institutional investors held TrueCar (TRUE) as of Q1 2016, up from 76 in Q4 2015.
- Funds reported $257M of TrueCar stock for Q1 2016, down 44% quarter-over-quarter.
- 15 funds opened new TrueCar positions in Q1 2016 and 13 closed out, a net change of +2 holders.
- The largest TrueCar buyer in Q1 2016 was PAR Capital Management, an estimated $5.02M added.
- The largest TrueCar seller in Q1 2016 was Lord, Abbett & Co, an estimated $7.17M sold.
Based on aggregated 13F filings for Q1 2016.