GCM
CIT

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

Gruss 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
2014
Q4 		– Sell
-400,021
Closed -$18.4M – 108
2014
Q3 		$18.4M Sell
400,021
-590,879
-60% -$28M 0.83% 32
2014
Q2 		$45.3M Sell
990,900
-41,100
-4% -$1.85M 2.18% 14
2014
Q1 		$50.6M Buy
1,032,000
+207,000
+25% +$10.1M 3.1% 9
2013
Q4 		$43M Buy
825,000
+200,000
+32% +$9.93M 3.25% 11
2013
Q3 		$30.5M Sell
625,000
-50,000
-7% -$2.46M 2.99% 7
2013
Q2 		$31.5M Buy
+675,000
New +$29.8M 3.38% 8

Other funds holding CIT

ACM
Americafirst Capital Management Roseville, California $74M AUM 13.49% 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
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
O
OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Gruss Capital Management's CIT Position: Q4 2014 in Review

Gruss Capital Management sold out of CIT Group Inc. (CIT) in Q4 2014, closing a stake of 400,021 shares — an estimated $18.4M sold.

Gruss Capital Management first reported a position in CIT in Q2 2013 and held it in 6 quarters. The position peaked at $50.6M in Q1 2014. 346 funds tracked by Wall St. Rank hold CIT as of Q4 2014.

  • Gruss Capital Management reported no remaining CIT Group Inc. position as of Q4 2014 after selling out during the quarter.
  • Gruss Capital Management sold 400,021 CIT Group Inc. shares in Q4 2014, an estimated $18.4M.
  • Gruss Capital Management first reported a position in CIT Group Inc. in Q2 2013 and held it in 6 quarters.
  • Gruss Capital Management's CIT Group Inc. position peaked at $50.6M in Q1 2014.
  • 346 funds tracked by Wall St. Rank held CIT Group Inc. as of Q4 2014.

Based on Gruss Capital Management's 13F filing for Q4 2014, filed 13 Feb 2015.