Basswood Capital Management’s CIT Group Inc. CIT Stock Holding History

Basswood Capital Management’s Portfolio CIT Stock Details CIT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-208,739	Closed	-$7.99M	–	143
2018 Q4	$7.99M	Sell	208,739 -173,450	-45%	-$7.87M	0.47%	59
2018 Q3	$19.7M	Buy	+382,189	New	+$20.4M	0.9%	32
2016 Q1	–	Sell	-435,259	Closed	-$17.3M	–	187
2015 Q4	$17.3M	Buy	435,259 +326,884	+302%	+$13.7M	0.91%	38
2015 Q3	$4.34M	Hold	108,375	–	–	0.21%	96
2015 Q2	$5.04M	Hold	108,375	–	–	0.24%	97
2015 Q1	$4.89M	Hold	108,375	–	–	0.23%	102
2014 Q4	$5.18M	Hold	108,375	–	–	0.24%	98
2014 Q3	$4.98M	Sell	108,375 -759,289	-88%	-$36M	0.25%	98
2014 Q2	$39.7M	Sell	867,664 -13,351	-2%	-$602K	2.04%	8
2014 Q1	$43.2M	Buy	881,015 +94,785	+12%	+$4.62M	2.25%	8
2013 Q4	$41M	Buy	786,230 +34,192	+5%	+$1.7M	2.26%	9
2013 Q3	$36.7M	Buy	752,038 +101,423	+16%	+$4.98M	2.04%	8
2013 Q2	$30.3M	Buy	+650,615	New	+$28.8M	1.96%	10

Other funds holding CIT

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

FPA

First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

NMVA

New Mountain Vantage Advisers New York $4.33B AUM 35.3% 1-Year Est. Return

Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return

LCM

Lakewood Capital Management New York $1.58B AUM 0.92% 1-Year Est. Return

Basswood Capital Management's CIT Position: Q1 2019 in Review

Basswood Capital Management sold out of CIT Group Inc. (CIT) in Q1 2019, closing a stake of 208,739 shares — an estimated $7.99M sold.

Basswood Capital Management first reported a position in CIT in Q2 2013 and held it in 13 quarters. The position peaked at $43.2M in Q1 2014. 320 funds tracked by Wall St. Rank hold CIT as of Q1 2019.

Basswood Capital Management reported no remaining CIT Group Inc. position as of Q1 2019 after selling out during the quarter.
Basswood Capital Management sold 208,739 CIT Group Inc. shares in Q1 2019, an estimated $7.99M.
Basswood Capital Management first reported a position in CIT Group Inc. in Q2 2013 and held it in 13 quarters.
Basswood Capital Management's CIT Group Inc. position peaked at $43.2M in Q1 2014.
320 funds tracked by Wall St. Rank held CIT Group Inc. as of Q1 2019.

Based on Basswood Capital Management's 13F filing for Q1 2019, filed 15 May 2019.