SCM
CIT

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

Saba 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
2015
Q3 		– Sell
-16,780
Closed -$780K – 146
2015
Q2 		$780K Sell
16,780
-11,286
-40% -$525K 0.08% 90
2015
Q1 		$1.27M Sell
28,066
-1,331
-5% -$60.5K 0.13% 86
2014
Q4 		$1.41M Sell
29,397
-36,406
-55% -$1.73M 0.11% 107
2014
Q3 		$3.02M Sell
65,803
-7,370
-10% -$349K 0.17% 109
2014
Q2 		$3.35M Buy
+73,173
New +$3.3M 0.18% 95

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

Saba Capital Management's CIT Position: Q3 2015 in Review

Saba Capital Management sold out of CIT Group Inc. (CIT) in Q3 2015, closing a stake of 16,780 shares — an estimated $780K sold.

Saba Capital Management first reported a position in CIT in Q2 2014 and held it in 5 quarters. The position peaked at $3.35M in Q2 2014. 329 funds tracked by Wall St. Rank hold CIT as of Q3 2015.

  • Saba Capital Management reported no remaining CIT Group Inc. position as of Q3 2015 after selling out during the quarter.
  • Saba Capital Management sold 16,780 CIT Group Inc. shares in Q3 2015, an estimated $780K.
  • Saba Capital Management first reported a position in CIT Group Inc. in Q2 2014 and held it in 5 quarters.
  • Saba Capital Management's CIT Group Inc. position peaked at $3.35M in Q2 2014.
  • 329 funds tracked by Wall St. Rank held CIT Group Inc. as of Q3 2015.

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