CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
329 hedge funds and large institutions have $7.42B invested in CIT Group Inc. in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 108 increasing their positions, 123 reducing their positions, and 45 closing their positions.
2% less funds holding
Funds holding: 335 → 329 (-6)
9% less capital invested
Capital invested by funds: $8.18B → $7.42B (-$763M)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
12% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 123
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
46% less call options, than puts
Call options by funds: $28.9M | Put options by funds: $53.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
+$314M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$157M |
| 3 |
SFM
Soros Fund Management
New York
|
+$126M |
| 4 |
JP Morgan Chase
New York
|
+$111M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$116M |
| 2 |
CM
Corvex Management
New York
|
-$70.6M |
| 3 |
SCM
Shapiro Capital Management
Atlanta,
Georgia
|
-$69.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$67.5M |
| 5 |
Neuberger Berman Group
New York
|
-$41.9M |
CIT Hedge Fund Activity: Q3 2015 in Review
329 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q3 2015, worth a combined $7.42B — down 9.3% from $8.18B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CIT and 40 opened new positions — a net loss of 5 holders — while 123 trimmed existing stakes and 108 added.
The largest buyer was Paulson & Co, opening a new position worth an estimated $314M. The largest seller was T. Rowe Price Associates, cutting an estimated $116M.
- 329 institutional investors held CIT Group Inc. (CIT) as of Q3 2015, down from 335 in Q2 2015.
- Funds reported $7.42B of CIT Group Inc. stock for Q3 2015, down 9.3% quarter-over-quarter.
- 40 funds opened new CIT Group Inc. positions in Q3 2015 and 45 closed out, a net change of -5 holders.
- The largest CIT Group Inc. buyer in Q3 2015 was Paulson & Co, an estimated $314M added.
- The largest CIT Group Inc. seller in Q3 2015 was T. Rowe Price Associates, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2015.