SCM
CIT

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

Shapiro 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
Q4 		– Sell
-640,496
Closed -$25.6M – 76
2015
Q3 		$25.6M Sell
640,496
-1,548,248
-71% -$69.4M 0.77% 36
2015
Q2 		$102M Sell
2,188,744
-28,444
-1% -$1.32M 2.48% 17
2015
Q1 		$100M Buy
2,217,188
+611,204
+38% +$27.8M 2.49% 17
2014
Q4 		$76.8M Buy
+1,605,984
New +$76.3M 1.9% 25

Other funds holding CIT

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
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
JIAI
JCF III AIV I New York $299M AUM 7.51% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
FPA
First Pacific Advisors El Segundo, California $7.14B AUM 21.51% 1-Year Est. Return
SSM
Sound Shore Management Greenwich, Connecticut $2.98B AUM 22.67% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Shapiro Capital Management's CIT Position: Q4 2015 in Review

Shapiro Capital Management sold out of CIT Group Inc. (CIT) in Q4 2015, closing a stake of 640,496 shares — an estimated $25.6M sold.

Shapiro Capital Management first reported a position in CIT in Q4 2014 and held it in 4 quarters. The position peaked at $102M in Q2 2015. 340 funds tracked by Wall St. Rank hold CIT as of Q4 2015.

  • Shapiro Capital Management reported no remaining CIT Group Inc. position as of Q4 2015 after selling out during the quarter.
  • Shapiro Capital Management sold 640,496 CIT Group Inc. shares in Q4 2015, an estimated $25.6M.
  • Shapiro Capital Management first reported a position in CIT Group Inc. in Q4 2014 and held it in 4 quarters.
  • Shapiro Capital Management's CIT Group Inc. position peaked at $102M in Q2 2015.
  • 340 funds tracked by Wall St. Rank held CIT Group Inc. as of Q4 2015.

Based on Shapiro Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.