CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
312 hedge funds and large institutions have $6.39B invested in CIT Group Inc. in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 122 increasing their positions, 93 reducing their positions, and 53 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 93
4% more capital invested
Capital invested by funds: $6.12B → $6.39B (+$271M)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
5% less funds holding
Funds holding: 328 → 312 (-16)
26% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 53
44% less call options, than puts
Call options by funds: $60.7M | Put options by funds: $108M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$208M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$134M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$43.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.2M |
| 5 |
GAM
Goldentree Asset Management
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$109M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$56M |
| 3 |
Morgan Stanley
New York
|
-$55.3M |
| 4 |
Royal London Asset Management
United Kingdom
|
-$46.6M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$31.2M |
CIT Hedge Fund Activity: Q2 2016 in Review
312 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q2 2016, worth a combined $6.39B — up 4.4% from $6.12B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of CIT and 39 opened new positions — a net loss of 14 holders — while 93 trimmed existing stakes and 122 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $208M. The largest seller was Paulson & Co, exiting entirely with an estimated $109M sold.
- 312 institutional investors held CIT Group Inc. (CIT) as of Q2 2016, down from 328 in Q1 2016.
- Funds reported $6.39B of CIT Group Inc. stock for Q2 2016, up 4.4% quarter-over-quarter.
- 39 funds opened new CIT Group Inc. positions in Q2 2016 and 53 closed out, a net change of -14 holders.
- The largest CIT Group Inc. buyer in Q2 2016 was Capital World Investors, an estimated $208M added.
- The largest CIT Group Inc. seller in Q2 2016 was Paulson & Co, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2016.