Sandell Asset Management’s CIT Group Inc. CIT Stock Holding History

Sandell Asset 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	-336,643	Closed	-$14.5M	–	40
2017 Q1	$14.5M	Hold	336,643	–	–	3.43%	12
2016 Q4	$14.4M	Buy	336,643 +22,200	+7%	+$874K	3.93%	10
2016 Q3	$11.4M	Hold	314,443	–	–	3.01%	14
2016 Q2	$10M	Buy	314,443 +77,300	+33%	+$2.51M	2.22%	18
2016 Q1	$7.36M	Buy	237,143 +42,693	+22%	+$1.35M	1.75%	17
2015 Q4	$7.72M	Buy	+194,450	New	+$8.16M	2.13%	17
2015 Q3	–	Sell	-599,426	Closed	-$27.9M	–	58
2015 Q2	$27.9M	Sell	599,426 -111,929	-16%	-$5.21M	2.96%	5
2015 Q1	$32.1M	Buy	+711,355	New	+$32.3M	3.15%	8

Other funds holding CIT

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 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

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

Sandell Asset Management's CIT Position: Q2 2017 in Review

Sandell Asset Management sold out of CIT Group Inc. (CIT) in Q2 2017, closing a stake of 336,643 shares — an estimated $14.5M sold.

Sandell Asset Management first reported a position in CIT in Q1 2015 and held it in 8 quarters. The position peaked at $32.1M in Q1 2015. 279 funds tracked by Wall St. Rank hold CIT as of Q2 2017.

Sandell Asset Management reported no remaining CIT Group Inc. position as of Q2 2017 after selling out during the quarter.
Sandell Asset Management sold 336,643 CIT Group Inc. shares in Q2 2017, an estimated $14.5M.
Sandell Asset Management first reported a position in CIT Group Inc. in Q1 2015 and held it in 8 quarters.
Sandell Asset Management's CIT Group Inc. position peaked at $32.1M in Q1 2015.
279 funds tracked by Wall St. Rank held CIT Group Inc. as of Q2 2017.

Based on Sandell Asset Management's 13F filing for Q2 2017, filed 14 Aug 2017.