CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
335 hedge funds and large institutions have $8.02B invested in CIT Group Inc. in 2015 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 112 increasing their positions, 125 reducing their positions, and 40 closing their positions.
5% more capital invested
Capital invested by funds: $7.66B → $8.02B (+$362M)
5% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 40
1% less funds holding
Funds holding: 339 → 335 (-4)
10% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 125
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
42% less call options, than puts
Call options by funds: $37M | Put options by funds: $64.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$150M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$99.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$89.9M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$85.8M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$47.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$114M |
| 2 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
-$59.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$54.5M |
| 4 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$40M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$34.5M |
CIT Hedge Fund Activity: Q2 2015 in Review
335 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q2 2015, worth a combined $8.02B — up 4.7% from $7.66B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CIT and 38 opened new positions — a net loss of 2 holders — while 125 trimmed existing stakes and 112 added.
The largest buyer was Wells Fargo, adding an estimated $150M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $114M sold.
- 335 institutional investors held CIT Group Inc. (CIT) as of Q2 2015, down from 339 in Q1 2015.
- Funds reported $8.02B of CIT Group Inc. stock for Q2 2015, up 4.7% quarter-over-quarter.
- 38 funds opened new CIT Group Inc. positions in Q2 2015 and 40 closed out, a net change of -2 holders.
- The largest CIT Group Inc. buyer in Q2 2015 was Wells Fargo, an estimated $150M added.
- The largest CIT Group Inc. seller in Q2 2015 was Systematic Financial Management, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2015.