WCMNY
CIT

Westchester Capital Management (New York)’s CIT Group Inc. CIT Stock Holding History

Westchester Capital Management (New York)’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
-316,200
Closed -$13.6M – 121
2017
Q1 		$13.6M Sell
316,200
-1,240,700
-80% -$52.5M 0.37% 48
2016
Q4 		$66.4M Buy
1,556,900
+872,900
+128% +$34.4M 1.68% 27
2016
Q3 		$24.8M Buy
+684,000
New +$23.9M 0.71% 42

Other funds holding CIT

Capital Research Global Investors
Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 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 $846B AUM 46.74% 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

Westchester Capital Management (New York)'s CIT Position: Q2 2017 in Review

Westchester Capital Management (New York) sold out of CIT Group Inc. (CIT) in Q2 2017, closing a stake of 316,200 shares — an estimated $13.6M sold.

Westchester Capital Management (New York) first reported a position in CIT in Q3 2016 and held it in 3 quarters. The position peaked at $66.4M in Q4 2016. 279 funds tracked by Wall St. Rank hold CIT as of Q2 2017.

  • Westchester Capital Management (New York) reported no remaining CIT Group Inc. position as of Q2 2017 after selling out during the quarter.
  • Westchester Capital Management (New York) sold 316,200 CIT Group Inc. shares in Q2 2017, an estimated $13.6M.
  • Westchester Capital Management (New York) first reported a position in CIT Group Inc. in Q3 2016 and held it in 3 quarters.
  • Westchester Capital Management (New York)'s CIT Group Inc. position peaked at $66.4M in Q4 2016.
  • 279 funds tracked by Wall St. Rank held CIT Group Inc. as of Q2 2017.

Based on Westchester Capital Management (New York)'s 13F filing for Q2 2017, filed 14 Aug 2017.