TrueCar
TRUE
TRUE was delisted on the 21st of January, 2026.
100 hedge funds and large institutions have $228M invested in TrueCar in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
2% more funds holding
Funds holding: 98 → 100 (+2)
0.4% less ownership
Funds ownership: 79.77% → 79.37% (-0.4%)
8% less capital invested
Capital invested by funds: $247M → $228M (-$18.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.08M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$584K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$435K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$301K |
| 5 |
NCM
Noesis Capital Mangement
Boca Raton,
Florida
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$1.51M |
| 2 |
Axa
Paris,
France
|
-$729K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$549K |
| 4 |
JP Morgan Chase
New York
|
-$271K |
| 5 |
Morgan Stanley
New York
|
-$269K |
TRUE Hedge Fund Activity: Q2 2024 in Review
100 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in TrueCar (TRUE) for Q2 2024, worth a combined $228M — down 7.6% from $247M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TRUE positions and 11 closed out — a net gain of 2 holders — while 37 added to existing stakes and 32 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $1.08M. The largest seller was Caledonia Investments (Australia), cutting an estimated $1.51M.
- 100 institutional investors held TrueCar (TRUE) as of Q2 2024, up from 98 in Q1 2024.
- Funds reported $228M of TrueCar stock for Q2 2024, down 7.6% quarter-over-quarter.
- 13 funds opened new TrueCar positions in Q2 2024 and 11 closed out, a net change of +2 holders.
- The largest TrueCar buyer in Q2 2024 was Bank of Montreal, an estimated $1.08M added.
- The largest TrueCar seller in Q2 2024 was Caledonia Investments (Australia), an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2024.