CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
279 hedge funds and large institutions have $7.31B invested in CIT Group Inc. in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 47 increasing their positions, 142 reducing their positions, and 82 closing their positions.
16% less funds holding
Funds holding: 332 → 279 (-53)
16% less capital invested
Capital invested by funds: $8.75B → $7.31B (-$1.44B)
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
38% less call options, than puts
Call options by funds: $107M | Put options by funds: $172M
61% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 82
67% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$53.8M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$15.7M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$14.6M |
| 4 |
RCM
Redwood Capital Management
New York
|
+$13.6M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$201M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$195M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
-$185M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$175M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$122M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Group One Trading
Chicago,
Illinois
| – | -$109K | -2,370 | Closed |
|
|
FPF
352
FNY Partners Fund
New York
| – | -$85K | -2,000 | Closed |
|
353
First Manhattan
New York
| – | -$65K | -1,520 | Closed |
|
|
QT
354
Quantbot Technologies
New York
| – | -$38K | -898 | Closed |
|
|
TRCT
355
Tower Research Capital (TRC)
New York
| – | -$38K | -881 | Closed |
|
|
FMA
356
FNY Managed Accounts
New York
| – | -$10K | -250 | Closed |
|
|
DAM
357
Delta Asset Management
Memphis,
Tennessee
| – | -$6K | -150 | Closed |
|
|
LF
358
Lee Financial
Dallas,
Texas
| – | -$6K | -150 | Closed |
|
|
PWPCM
359
Perella Weinberg Partners Capital Management
New York
| – | -$2K | -38 | Closed |
|
360
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -26 | Closed |
|
CIT Hedge Fund Activity: Q2 2017 in Review
279 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q2 2017, worth a combined $7.31B — down 16% from $8.75B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of CIT and 32 opened new positions — a net loss of 50 holders — while 142 trimmed existing stakes and 47 added.
The largest buyer was Janus Henderson Group, adding an estimated $53.8M. The largest seller was Citadel Advisors, exiting entirely with an estimated $201M sold.
- 279 institutional investors held CIT Group Inc. (CIT) as of Q2 2017, down from 332 in Q1 2017.
- Funds reported $7.31B of CIT Group Inc. stock for Q2 2017, down 16% quarter-over-quarter.
- 32 funds opened new CIT Group Inc. positions in Q2 2017 and 82 closed out, a net change of -50 holders.
- The largest CIT Group Inc. buyer in Q2 2017 was Janus Henderson Group, an estimated $53.8M added.
- The largest CIT Group Inc. seller in Q2 2017 was Citadel Advisors, an estimated $201M sold.
Based on aggregated 13F filings for Q2 2017.