TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
130 hedge funds and large institutions have $1B invested in TrueCar in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 42 closing their positions.
174% more call options, than puts
Call options by funds: $7.71M | Put options by funds: $2.81M
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
4.02% less ownership
Funds ownership: 93.53% → 89.51% (-4%)
10% less funds holding
Funds holding: 145 → 130 (-15)
23% less capital invested
Capital invested by funds: $1.3B → $1B (-$295M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
33% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$41.6M |
| 2 |
SM
Senvest Management
New York
|
+$38M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$23M |
| 4 |
6CM
683 Capital Management
New York
|
+$21.9M |
| 5 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$39.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$37.4M |
| 3 |
CGI
Calixto Global Investors
Coral Gables,
Florida
|
-$37M |
| 4 |
Morgan Stanley
New York
|
-$32M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$17.2M |
TRUE Hedge Fund Activity: Q4 2017 in Review
130 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q4 2017, worth a combined $1B — down 23% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TRUE and 28 opened new positions — a net loss of 14 holders — while 41 trimmed existing stakes and 49 added.
The largest buyer was UBS Group, adding an estimated $41.6M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $39.6M sold.
- 130 institutional investors held TrueCar (TRUE) as of Q4 2017, down from 145 in Q3 2017.
- Funds reported $1B of TrueCar stock for Q4 2017, down 23% quarter-over-quarter.
- 28 funds opened new TrueCar positions in Q4 2017 and 42 closed out, a net change of -14 holders.
- The largest TrueCar buyer in Q4 2017 was UBS Group, an estimated $41.6M added.
- The largest TrueCar seller in Q4 2017 was Jericho Capital Asset Management, an estimated $39.6M sold.
Based on aggregated 13F filings for Q4 2017.