CP
CIT

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

Covalent 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
2014
Q2 		– Sell
-424,800
Closed -$20.8M – 39
2014
Q1 		$20.8M Buy
424,800
+106,500
+33% +$5.19M 6.12% 5
2013
Q4 		$16.6M Buy
318,300
+78,000
+32% +$3.87M 5.5% 8
2013
Q3 		$11.7M Buy
240,300
+48,000
+25% +$2.36M 4.07% 12
2013
Q2 		$8.97M Buy
+192,300
New +$8.5M 3.14% 13

Other funds holding CIT

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
O
OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
EIP
Epoch Investment Partners New York $16.5B AUM 24.3% 1-Year Est. Return
CP
Centerbridge Partners New York $61.1M AUM 3.67% 1-Year Est. Return
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Covalent Partners's CIT Position: Q2 2014 in Review

Covalent Partners sold out of CIT Group Inc. (CIT) in Q2 2014, closing a stake of 424,800 shares — an estimated $20.8M sold.

Covalent Partners first reported a position in CIT in Q2 2013 and held it in 4 quarters. The position peaked at $20.8M in Q1 2014. 338 funds tracked by Wall St. Rank hold CIT as of Q2 2014.

  • Covalent Partners reported no remaining CIT Group Inc. position as of Q2 2014 after selling out during the quarter.
  • Covalent Partners sold 424,800 CIT Group Inc. shares in Q2 2014, an estimated $20.8M.
  • Covalent Partners first reported a position in CIT Group Inc. in Q2 2013 and held it in 4 quarters.
  • Covalent Partners's CIT Group Inc. position peaked at $20.8M in Q1 2014.
  • 338 funds tracked by Wall St. Rank held CIT Group Inc. as of Q2 2014.

Based on Covalent Partners's 13F filing for Q2 2014, filed 14 Aug 2014.