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TRUE

TrueCar
TRUE

Delisted

TRUE was delisted on the 21st of January, 2026.

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114 hedge funds and large institutions have $169M invested in TrueCar in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

1% more funds holding

Funds holding: 113 → 114 (+1)

0.64% more ownership

Funds ownership: 82.05% → 82.69% (+0.64%)

3% less capital invested

Capital invested by funds: $174M → $169M (-$4.81M)

14% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 42

100% less call options, than puts

Call options by funds: $14K | Put options by funds: $3.19M

Holders
114
Holders Change
+1
Holders Change %
+0.88%
% of All Funds
1.82%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
36
Reduced
42
Closed
18
Calls
$14K
Puts
$3.19M
Net Calls
-$3.17M
Net Calls Change
-$1.42M

Top Buyers

Rank Fund Capital Flow
1
CC
Cannell Capital
Wyoming
+$6.19M
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$1.03M
3
MRCM
Mill Road Capital Management
Connecticut
+$951K
4
Russell Investments Group
Russell Investments Group
United Kingdom
+$812K
5
WCA
Whetstone Capital Advisors
Kansas
+$693K

Top Sellers

Rank Fund Capital Flow
1
PCM
Portolan Capital Management
Massachusetts
-$5.63M
2
JGC
J. Goldman & Co
New York
-$761K
3
CIA
Caledonia Investments (Australia)
Australia
-$698K
4
USAA
United Services Automobile Association
Texas
-$608K
5
GWM
Greenwich Wealth Management
Connecticut
-$476K
Name Holding Trade Value Shares
Change 		Change in
Stake
CIA
1
Caledonia Investments (Australia)
Australia
$42.2M -$698K -261,570 -1%
USAA
2
United Services Automobile Association
Texas
$18.3M -$608K -227,958 -3%
CC
3
Cannell Capital
Wyoming
$18.2M +$6.19M +2,319,918 +42%
BlackRock
4
BlackRock
New York
$16.1M -$333K -124,695 -2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$9.72M +$69.5K +26,059 +0.6%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$7.69M +$560K +210,009 +7%
Renaissance Technologies
7
Renaissance Technologies
New York
$4.83M +$11.5K +4,300 +0.2%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$4.58M +$1.03M +385,195 +24%
State Street
9
State Street
Massachusetts
$3.95M +$33K +12,364 +0.7%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$3.84M +$81.8K +30,674 +2%
PCM
11
Prelude Capital Management
New York
$2.72M +$252K +94,563 +9%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$2.71M -$35.3K -13,249 -1%
Morgan Stanley
13
Morgan Stanley
New York
$2.38M +$186K +69,738 +7%
AI
14
Acuitas Investments
Washington
$2.27M -$226K -84,899 -8%
Jacobs Levy Equity Management
15
Jacobs Levy Equity Management
New Jersey
$2.04M -$186K -69,903 -7%
Fuller & Thaler Asset Management
16
Fuller & Thaler Asset Management
California
$1.85M -$1.86K -697 -0.1%
Northern Trust
17
Northern Trust
Illinois
$1.64M +$20.5K +7,682 +1%
Millennium Management
18
Millennium Management
New York
$1.47M +$223K +83,757 +15%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$1.08M -$92.7K -34,744 -7%
JGC
20
J. Goldman & Co
New York
$1M -$761K -285,203 -40%
Russell Investments Group
21
Russell Investments Group
United Kingdom
$971K +$812K +304,526 +258%
Goldman Sachs
22
Goldman Sachs
New York
$871K +$36.5K +13,691 +4%
MRCM
23
Mill Road Capital Management
Connecticut
$820K +$951K +356,600 New
Fidelity Investments
24
Fidelity Investments
Massachusetts
$801K -$4.02K -1,506 -0.4%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$719K -$7.55K -2,829 -0.9%
1
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TRUE Hedge Fund Activity: Q1 2023 in Review

114 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q1 2023, worth a combined $169M — down 2.8% from $174M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new TRUE positions and 18 closed out — a net gain of 1 holder — while 36 added to existing stakes and 42 trimmed.

The largest buyer was Cannell Capital, adding an estimated $6.19M. The largest seller was Portolan Capital Management, cutting an estimated $5.63M.

  • 114 institutional investors held TrueCar (TRUE) as of Q1 2023, up from 113 in Q4 2022.
  • Funds reported $169M of TrueCar stock for Q1 2023, down 2.8% quarter-over-quarter.
  • 19 funds opened new TrueCar positions in Q1 2023 and 18 closed out, a net change of +1 holder.
  • The largest TrueCar buyer in Q1 2023 was Cannell Capital, an estimated $6.19M added.
  • The largest TrueCar seller in Q1 2023 was Portolan Capital Management, an estimated $5.63M sold.

Based on aggregated 13F filings for Q1 2023.