CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
339 hedge funds and large institutions have $7.79B 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)
11% less capital invested
Capital invested by funds: $8.73B → $7.79B (-$935M)
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 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$346M |
| 2 |
O
OppenheimerFunds
New York
|
-$233M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$80.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$73.8M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$61.8M |
CIT Hedge Fund Activity: Q1 2015 in Review
339 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q1 2015, worth a combined $7.79B — down 11% from $8.73B 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 Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $346M.
- 339 institutional investors held CIT Group Inc. (CIT) as of Q1 2015, down from 346 in Q4 2014.
- Funds reported $7.79B of CIT Group Inc. stock for Q1 2015, down 11% 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 Barrow, Hanley, Mewhinney & Strauss, an estimated $346M sold.
Based on aggregated 13F filings for Q1 2015.