SHCM
CIT

Sachem Head Capital Management’s CIT Group Inc. CIT Stock Holding History

Sachem Head 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
2017
Q2 		– Sell
-1,620,000
Closed -$69.5M – 20
2017
Q1 		$69.5M Buy
+1,620,000
New +$68.6M 2.25% 15

Other funds holding CIT

Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return
Vanguard Group
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
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
NIMC
NWQ Investment Management Company Los Angeles, California $2.22B AUM 6.84% 1-Year Est. Return
LCM
Lakewood Capital Management New York $1.58B AUM 0.92% 1-Year Est. Return

Sachem Head Capital Management's CIT Position: Q2 2017 in Review

Sachem Head Capital Management sold out of CIT Group Inc. (CIT) in Q2 2017, closing a stake of 1,620,000 shares — an estimated $69.5M sold.

Sachem Head Capital Management first reported a position in CIT in Q1 2017 and held it in 1 quarter. The position peaked at $69.5M in Q1 2017. 279 funds tracked by Wall St. Rank hold CIT as of Q2 2017.

  • Sachem Head Capital Management reported no remaining CIT Group Inc. position as of Q2 2017 after selling out during the quarter.
  • Sachem Head Capital Management sold 1,620,000 CIT Group Inc. shares in Q2 2017, an estimated $69.5M.
  • Sachem Head Capital Management first reported a position in CIT Group Inc. in Q1 2017 and held it in 1 quarter.
  • Sachem Head Capital Management's CIT Group Inc. position peaked at $69.5M in Q1 2017.
  • 279 funds tracked by Wall St. Rank held CIT Group Inc. as of Q2 2017.

Based on Sachem Head Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.