CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
309 hedge funds and large institutions have $4.44B invested in CIT Group Inc. in 2019 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 96 increasing their positions, 111 reducing their positions, and 53 closing their positions.
69% more call options, than puts
Call options by funds: $29.8M | Put options by funds: $17.6M
11% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 53
3% more capital invested
Capital invested by funds: $4.33B → $4.44B (+$109M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less funds holding
Funds holding: 314 → 309 (-5)
14% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 111
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$97.5M |
| 2 |
BlackRock
New York
|
+$95.6M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
+$35.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$35.7M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$31.3M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$27M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$23.4M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$20.2M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$18.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
H
351
Hexavest
Montreal,
Quebec, Canada
| – | -$16K | -345 | Closed |
|
352
AssetMark Inc
Concord,
California
| – | -$7K | -148 | Closed |
|
|
NIC
353
Northwest Investment Counselors
Lake Oswego,
Oregon
| – | -$4K | -98 | Closed |
|
|
WWM
354
Willingdon Wealth Management
Huntersville,
North Carolina
| – | -$1K | -33 | Closed |
|
|
GWAG
355
Garrett Wealth Advisory Group
Weatherford,
Texas
| – | -$1.26K | -28 | Closed |
|
|
GWS
356
Glassman Wealth Services
Vienna,
Virginia
| – | +$358 | +8 | New |
|
|
LWM
357
Lionsbridge Wealth Management
Jacksonville Beach,
Florida
| – | +$358 | +8 | New |
|
|
AA
358
Argent Advisors
Monroe,
Louisiana
| – | +$941 | +21 | New |
|
CIT Hedge Fund Activity: Q4 2019 in Review
309 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q4 2019, worth a combined $4.44B — up 2.5% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new CIT positions and 53 closed out — a net gain of 6 holders — while 96 added to existing stakes and 111 trimmed.
The largest buyer was Capital World Investors, adding an estimated $97.5M. The largest seller was State Street, cutting an estimated $31.3M.
- 309 institutional investors held CIT Group Inc. (CIT) as of Q4 2019, down from 314 in Q3 2019.
- Funds reported $4.44B of CIT Group Inc. stock for Q4 2019, up 2.5% quarter-over-quarter.
- 59 funds opened new CIT Group Inc. positions in Q4 2019 and 53 closed out, a net change of +6 holders.
- The largest CIT Group Inc. buyer in Q4 2019 was Capital World Investors, an estimated $97.5M added.
- The largest CIT Group Inc. seller in Q4 2019 was State Street, an estimated $31.3M sold.
Based on aggregated 13F filings for Q4 2019.