WCM
CIT

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

Wedge 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
2020
Q2 		– Sell
-958,594
Closed -$16.5M – 599
2020
Q1 		$16.5M Buy
958,594
+292,346
+44% +$11M 0.29% 126
2019
Q4 		$30.4M Buy
666,248
+14,812
+2% +$663K 0.34% 123
2019
Q3 		$29.5M Buy
651,436
+106,044
+19% +$4.94M 0.34% 114
2019
Q2 		$28.7M Sell
545,392
-1,104
-0.2% -$55.8K 0.33% 114
2019
Q1 		$26.2M Buy
+546,496
New +$25.7M 0.3% 113
2018
Q4 		– Sell
-160,478
Closed -$8.28M – 607
2018
Q3 		$8.28M Sell
160,478
-689,314
-81% -$36.7M 0.08% 246
2018
Q2 		$42.8M Sell
849,792
-589,029
-41% -$30.7M 0.42% 73
2018
Q1 		$74.1M Sell
1,438,821
-102,077
-7% -$5.36M 0.71% 33
2017
Q4 		$75.9M Buy
1,540,898
+11,331
+0.7% +$550K 0.68% 35
2017
Q3 		$75M Sell
1,529,567
-12,020
-0.8% -$565K 0.7% 35
2017
Q2 		$75.1M Sell
1,541,587
-527,789
-26% -$24.3M 0.72% 35
2017
Q1 		$88.8M Sell
2,069,376
-963,928
-32% -$40.8M 0.85% 30
2016
Q4 		$129M Sell
3,033,304
-396,872
-12% -$15.6M 1.25% 14
2016
Q3 		$125M Sell
3,430,176
-653,766
-16% -$22.8M 1.25% 14
2016
Q2 		$130M Buy
4,083,942
+400,253
+11% +$13M 1.35% 11
2016
Q1 		$114M Buy
3,683,689
+756,742
+26% +$23.8M 1.19% 17
2015
Q4 		$116M Sell
2,926,947
-8,261
-0.3% -$347K 1.23% 14
2015
Q3 		$117M Buy
2,935,208
+114,326
+4% +$5.13M 1.24% 13
2015
Q2 		$131M Buy
2,820,882
+337,682
+14% +$15.7M 1.27% 12
2015
Q1 		$112M Buy
2,483,200
+641,541
+35% +$29.1M 1.12% 16
2014
Q4 		$88.1M Buy
1,841,659
+319,652
+21% +$15.2M 0.88% 20
2014
Q3 		$70M Sell
1,522,007
-30,538
-2% -$1.45M 0.75% 24
2014
Q2 		$71M Buy
+1,552,545
New +$70M 0.72% 28

Other funds holding CIT

BlackRock
BlackRock New York $5.72T AUM 30.48% 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
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
LSV Asset Management
LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management San Mateo, California $29.7B AUM 43.33% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
TSW
Thompson Siegel & Walmsley Richmond, Virginia $5.7B AUM 6.69% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wedge Capital Management's CIT Position: Q2 2020 in Review

Wedge Capital Management sold out of CIT Group Inc. (CIT) in Q2 2020, closing a stake of 958,594 shares — an estimated $16.5M sold.

Wedge Capital Management first reported a position in CIT in Q2 2014 and held it in 23 quarters. The position peaked at $131M in Q2 2015. 248 funds tracked by Wall St. Rank hold CIT as of Q2 2020.

  • Wedge Capital Management reported no remaining CIT Group Inc. position as of Q2 2020 after selling out during the quarter.
  • Wedge Capital Management sold 958,594 CIT Group Inc. shares in Q2 2020, an estimated $16.5M.
  • Wedge Capital Management first reported a position in CIT Group Inc. in Q2 2014 and held it in 23 quarters.
  • Wedge Capital Management's CIT Group Inc. position peaked at $131M in Q2 2015.
  • 248 funds tracked by Wall St. Rank held CIT Group Inc. as of Q2 2020.

Based on Wedge Capital Management's 13F filing for Q2 2020, filed 10 Jul 2020.