CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
347 hedge funds and large institutions have $9.33B invested in CIT Group Inc. in 2014 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 139 increasing their positions, 106 reducing their positions, and 51 closing their positions.
321% more call options, than puts
Call options by funds: $116M | Put options by funds: $27.5M
31% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 106
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
5% less funds holding
Funds holding: 364 → 347 (-17)
7% less capital invested
Capital invested by funds: $10.1B → $9.33B (-$739M)
24% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$91.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$82.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$81.6M |
| 4 |
JWBC
John W. Bristol & Co
New York
|
+$79.2M |
| 5 |
O
OppenheimerFunds
New York
|
+$66.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$143M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$132M |
| 3 |
Goldman Sachs
New York
|
-$114M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
-$113M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.7M |
CIT Hedge Fund Activity: Q1 2014 in Review
347 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q1 2014, worth a combined $9.33B — down 7.3% from $10.1B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of CIT and 39 opened new positions — a net loss of 12 holders — while 106 trimmed existing stakes and 139 added.
The largest buyer was Epoch Investment Partners, adding an estimated $91.8M. The largest seller was American Century Companies, cutting an estimated $143M.
- 347 institutional investors held CIT Group Inc. (CIT) as of Q1 2014, down from 364 in Q4 2013.
- Funds reported $9.33B of CIT Group Inc. stock for Q1 2014, down 7.3% quarter-over-quarter.
- 39 funds opened new CIT Group Inc. positions in Q1 2014 and 51 closed out, a net change of -12 holders.
- The largest CIT Group Inc. buyer in Q1 2014 was Epoch Investment Partners, an estimated $91.8M added.
- The largest CIT Group Inc. seller in Q1 2014 was American Century Companies, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2014.