Centerbridge Partners’s CIT Group Inc. CIT Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2014
Q4
Sell
-687,559
Closed -$31.6M 29
2014
Q3
$31.6M Sell
687,559
-6,093,872
-90% -$289M 1.29% 14
2014
Q2
$310M Buy
6,781,431
+1,977,535
+41% +$89.2M 9.8% 3
2014
Q1
$235M Sell
4,803,896
-333,900
-6% -$16.3M 9.25% 3
2013
Q4
$268M Sell
5,137,796
-1,153,500
-18% -$57.3M 9.61% 3
2013
Q3
$307M Sell
6,291,296
-2,555,740
-29% -$126M 26.96% 1
2013
Q2
$413M Buy
+8,847,036
New +$391M 41.26% 1

Other funds holding CIT

Centerbridge Partners's CIT Position: Q4 2014 in Review

Centerbridge Partners sold out of CIT Group Inc. (CIT) in Q4 2014, closing a stake of 687,559 shares — an estimated $31.6M sold.

Centerbridge Partners first reported a position in CIT in Q2 2013 and held it in 6 quarters. The position peaked at $413M in Q2 2013. 346 funds tracked by Wall St. Rank hold CIT as of Q4 2014.

  • Centerbridge Partners reported no remaining CIT Group Inc. position as of Q4 2014 after selling out during the quarter.
  • Centerbridge Partners sold 687,559 CIT Group Inc. shares in Q4 2014, an estimated $31.6M.
  • Centerbridge Partners first reported a position in CIT Group Inc. in Q2 2013 and held it in 6 quarters.
  • Centerbridge Partners's CIT Group Inc. position peaked at $413M in Q2 2013.
  • 346 funds tracked by Wall St. Rank held CIT Group Inc. as of Q4 2014.

Based on Centerbridge Partners's 13F filing for Q4 2014, filed 17 Feb 2015.