CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
317 hedge funds and large institutions have $5.87B invested in CIT Group Inc. in 2018 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 81 increasing their positions, 142 reducing their positions, and 39 closing their positions.
51% more call options, than puts
Call options by funds: $61.8M | Put options by funds: $41M
5% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 39
1% less funds holding
Funds holding: 319 → 317 (-2)
3% less capital invested
Capital invested by funds: $6.03B → $5.87B (-$158M)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
43% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$140M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$95.6M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$20.4M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$17.3M |
| 5 |
Goldman Sachs
New York
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$245M |
| 2 |
Citigroup
New York
|
-$44.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.8M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$36.7M |
| 5 |
HEC
Hudson Executive Capital
New York
|
-$35.9M |
CIT Hedge Fund Activity: Q3 2018 in Review
317 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q3 2018, worth a combined $5.87B — down 2.6% from $6.03B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new CIT positions and 39 closed out — a net gain of 2 holders — while 81 added to existing stakes and 142 trimmed.
The largest buyer was Capital World Investors, adding an estimated $140M. The largest seller was Capital Research Global Investors, cutting an estimated $245M.
- 317 institutional investors held CIT Group Inc. (CIT) as of Q3 2018, down from 319 in Q2 2018.
- Funds reported $5.87B of CIT Group Inc. stock for Q3 2018, down 2.6% quarter-over-quarter.
- 41 funds opened new CIT Group Inc. positions in Q3 2018 and 39 closed out, a net change of +2 holders.
- The largest CIT Group Inc. buyer in Q3 2018 was Capital World Investors, an estimated $140M added.
- The largest CIT Group Inc. seller in Q3 2018 was Capital Research Global Investors, an estimated $245M sold.
Based on aggregated 13F filings for Q3 2018.