CM
CIT

Corvex Management’s CIT Group Inc. CIT Stock Holding History

Corvex 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
2015
Q3 		– Sell
-1,517,972
Closed -$70.6M – 51
2015
Q2 		$70.6M Hold
1,517,972
– – 0.77% 20
2015
Q1 		$68.5M Buy
+1,517,972
New +$69M 0.83% 23

Other funds holding CIT

Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return
EIP
Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
PC
Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return
FPA
First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
SSM
Sound Shore Management Greenwich, Connecticut $2.98B AUM 22.67% 1-Year Est. Return

Corvex Management's CIT Position: Q3 2015 in Review

Corvex Management sold out of CIT Group Inc. (CIT) in Q3 2015, closing a stake of 1,517,972 shares — an estimated $70.6M sold.

Corvex Management first reported a position in CIT in Q1 2015 and held it in 2 quarters. The position peaked at $70.6M in Q2 2015. 329 funds tracked by Wall St. Rank hold CIT as of Q3 2015.

  • Corvex Management reported no remaining CIT Group Inc. position as of Q3 2015 after selling out during the quarter.
  • Corvex Management sold 1,517,972 CIT Group Inc. shares in Q3 2015, an estimated $70.6M.
  • Corvex Management first reported a position in CIT Group Inc. in Q1 2015 and held it in 2 quarters.
  • Corvex Management's CIT Group Inc. position peaked at $70.6M in Q2 2015.
  • 329 funds tracked by Wall St. Rank held CIT Group Inc. as of Q3 2015.

Based on Corvex Management's 13F filing for Q3 2015, filed 16 Nov 2015.