HMC
CIT

Harbert Management Corporation’s CIT Group Inc. CIT Stock Holding History

Harbert Management Corporation’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
Q1 		$2.3M Sell
47,000
-15,000
-24% -$731K 2.54% 19
2013
Q4 		$3.23M Sell
62,000
-13,000
-17% -$646K 2.68% 17
2013
Q3 		$3.66M Sell
75,000
-15,000
-17% -$737K 1.99% 15
2013
Q2 		$4.2M Buy
+90,000
New +$3.98M 2.5% 17

Other funds holding CIT

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
O
OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return
Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 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
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 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
CP
Centerbridge Partners New York $61.1M AUM 3.67% 1-Year Est. Return

Harbert Management Corporation's CIT Position: Q1 2014 in Review

Harbert Management Corporation reduced its CIT Group Inc. (CIT) stake by 24% in Q1 2014, selling an estimated $731K and leaving 47,000 shares worth $2.3M. The position accounts for 2.54% of the portfolio, ranked #19.

Harbert Management Corporation first reported a position in CIT in Q2 2013 and has held it in 4 quarters since. The position peaked at $4.2M in Q2 2013. 347 funds tracked by Wall St. Rank hold CIT as of Q1 2014.

  • Harbert Management Corporation held 47,000 shares of CIT Group Inc. worth $2.3M as of Q1 2014.
  • Harbert Management Corporation sold 15,000 CIT Group Inc. shares in Q1 2014, an estimated $731K.
  • CIT Group Inc. made up 2.54% of Harbert Management Corporation's portfolio in Q1 2014, its #19 holding.
  • Harbert Management Corporation first reported a position in CIT Group Inc. in Q2 2013 and has held it in 4 quarters since.
  • Harbert Management Corporation's CIT Group Inc. position peaked at $4.2M in Q2 2013.
  • 347 funds tracked by Wall St. Rank held CIT Group Inc. as of Q1 2014.

Based on Harbert Management Corporation's 13F filing for Q1 2014, filed 15 May 2014.