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

Redwood 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
2018 Q3	–	Sell	-400,000	Closed	-$20.2M	–	61
2018 Q2	$20.2M	Buy	+400,000	New	+$20.9M	1.39%	17
2018 Q1	–	Sell	-156,446	Closed	-$7.7M	–	53
2017 Q4	$7.7M	Sell	156,446 -239,954	-61%	-$11.6M	0.64%	28
2017 Q3	$19.4M	Hold	396,400	–	–	1.99%	13
2017 Q2	$19.3M	Buy	396,400 +296,400	+296%	+$13.6M	2.07%	13
2017 Q1	$4.29M	Buy	+100,000	New	+$4.23M	0.51%	28

Other funds holding CIT

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

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

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

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

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

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

TSW

Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return

Redwood Capital Management's CIT Position: Q3 2018 in Review

Redwood Capital Management sold out of CIT Group Inc. (CIT) in Q3 2018, closing a stake of 400,000 shares — an estimated $20.2M sold.

Redwood Capital Management first reported a position in CIT in Q1 2017 and held it in 5 quarters. The position peaked at $20.2M in Q2 2018. 317 funds tracked by Wall St. Rank hold CIT as of Q3 2018.

Redwood Capital Management reported no remaining CIT Group Inc. position as of Q3 2018 after selling out during the quarter.
Redwood Capital Management sold 400,000 CIT Group Inc. shares in Q3 2018, an estimated $20.2M.
Redwood Capital Management first reported a position in CIT Group Inc. in Q1 2017 and held it in 5 quarters.
Redwood Capital Management's CIT Group Inc. position peaked at $20.2M in Q2 2018.
317 funds tracked by Wall St. Rank held CIT Group Inc. as of Q3 2018.

Based on Redwood Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.