Convergence Investment Partners’s CIT Group Inc. CIT Stock Holding History

Convergence Investment Partners’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 Q4	–	Sell	-17,747	Closed	-$804K	–	345
2019 Q3	$804K	Buy	+17,747	New	+$827K	0.22%	167
2019 Q2	–	Sell	-8,473	Closed	-$406K	–	412
2019 Q1	$406K	Sell	8,473 -1,955	-19%	-$92K	0.09%	195
2018 Q4	$399K	Buy	+10,428	New	+$473K	0.09%	211
2018 Q2	–	Sell	-39,028	Closed	-$2.01M	–	1097
2018 Q1	$2.01M	Sell	39,028 -33,960	-47%	-$1.78M	0.26%	136
2017 Q4	$3.59M	Buy	72,988 +12,183	+20%	+$591K	0.48%	74
2017 Q3	$2.98M	Buy	+60,805	New	+$2.86M	0.42%	79
2017 Q1	–	Sell	-62,498	Closed	-$2.67M	–	409
2016 Q4	$2.67M	Buy	+62,498	New	+$2.46M	0.37%	99
2015 Q3	–	Sell	-41,131	Closed	-$1.91M	–	470
2015 Q2	$1.91M	Buy	41,131 +634	+2%	+$29.5K	0.19%	184
2015 Q1	$1.83M	Buy	+40,497	New	+$1.84M	0.25%	148

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

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

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

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

LCM

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

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

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

Convergence Investment Partners's CIT Position: Q4 2019 in Review

Convergence Investment Partners sold out of CIT Group Inc. (CIT) in Q4 2019, closing a stake of 17,747 shares — an estimated $804K sold.

Convergence Investment Partners first reported a position in CIT in Q1 2015 and held it in 9 quarters. The position peaked at $3.59M in Q4 2017. 309 funds tracked by Wall St. Rank hold CIT as of Q4 2019.

Convergence Investment Partners reported no remaining CIT Group Inc. position as of Q4 2019 after selling out during the quarter.
Convergence Investment Partners sold 17,747 CIT Group Inc. shares in Q4 2019, an estimated $804K.
Convergence Investment Partners first reported a position in CIT Group Inc. in Q1 2015 and held it in 9 quarters.
Convergence Investment Partners's CIT Group Inc. position peaked at $3.59M in Q4 2017.
309 funds tracked by Wall St. Rank held CIT Group Inc. as of Q4 2019.

Based on Convergence Investment Partners's 13F filing for Q4 2019, filed 22 Jan 2020.