CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
339 hedge funds and large institutions have $7.66B invested in CIT Group Inc. in 2015 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 124 increasing their positions, 125 reducing their positions, and 41 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
1% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 125
10% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 41
2% less funds holding
Funds holding: 346 → 339 (-7)
23% less capital invested
Capital invested by funds: $9.97B → $7.66B (-$2.32B)
65% less call options, than puts
Call options by funds: $25.2M | Put options by funds: $71.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$121M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$70.4M |
| 3 |
CM
Corvex Management
New York
|
+$69M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$45.4M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$39.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$1.37B |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$346M |
| 3 |
O
OppenheimerFunds
New York
|
-$233M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$80.8M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$73.8M |
CIT Hedge Fund Activity: Q1 2015 in Review
339 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q1 2015, worth a combined $7.66B — down 23% from $9.97B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of CIT and 37 opened new positions — a net loss of 4 holders — while 125 trimmed existing stakes and 124 added.
The largest buyer was Franklin Resources, adding an estimated $121M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.37B sold.
- 339 institutional investors held CIT Group Inc. (CIT) as of Q1 2015, down from 346 in Q4 2014.
- Funds reported $7.66B of CIT Group Inc. stock for Q1 2015, down 23% quarter-over-quarter.
- 37 funds opened new CIT Group Inc. positions in Q1 2015 and 41 closed out, a net change of -4 holders.
- The largest CIT Group Inc. buyer in Q1 2015 was Franklin Resources, an estimated $121M added.
- The largest CIT Group Inc. seller in Q1 2015 was Americafirst Capital Management, an estimated $1.37B sold.
Based on aggregated 13F filings for Q1 2015.