CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
291 hedge funds and large institutions have $4.84B invested in CIT Group Inc. in 2021 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 106 reducing their positions, and 35 closing their positions.
15% more call options, than puts
Call options by funds: $7.95M | Put options by funds: $6.9M
6% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 35
1% more funds holding
Funds holding: 289 → 291 (+2)
0% more capital invested
Capital invested by funds: $4.83B → $4.84B (+$16.6M)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
17% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$117M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$105M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$71M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$62.6M |
| 5 |
JP Morgan Chase
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$108M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$51.4M |
| 3 |
JCM
Junto Capital Management
New York
|
-$46M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$38.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.3M |
CIT Hedge Fund Activity: Q2 2021 in Review
291 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q2 2021, worth a combined $4.84B — up 0.34% from $4.83B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new CIT positions and 35 closed out — a net gain of 2 holders — while 88 added to existing stakes and 106 trimmed.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $117M. The largest seller was LSV Asset Management, cutting an estimated $108M.
- 291 institutional investors held CIT Group Inc. (CIT) as of Q2 2021, up from 289 in Q1 2021.
- Funds reported $4.84B of CIT Group Inc. stock for Q2 2021, up 0.34% quarter-over-quarter.
- 37 funds opened new CIT Group Inc. positions in Q2 2021 and 35 closed out, a net change of +2 holders.
- The largest CIT Group Inc. buyer in Q2 2021 was Egerton Capital (UK), an estimated $117M added.
- The largest CIT Group Inc. seller in Q2 2021 was LSV Asset Management, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2021.