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CIT

CIT Group Inc.
CIT

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 1111 (0)

5% less funds holding

Funds holding: 328312 (-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

Holders
312
Holders Change
-16
Holders Change %
-4.88%
% of All Funds
8.32%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.29%
New
39
Increased
122
Reduced
93
Closed
53
Calls
$60.7M
Puts
$108M
Net Calls
-$47.6M
Net Calls Change
-$46.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$455M -$56M -1,722,900 -11%
FPA
2
First Pacific Advisors
California
$453M +$43.1M +1,327,526 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$450M +$17.5M +539,701 +4%
Franklin Resources
4
Franklin Resources
California
$440M -$5.92M -182,167 -1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$235M -$3.77M -116,190 -2%
State Street
6
State Street
Massachusetts
$224M +$27.5M +847,112 +14%
JIAI
7
JCF III AIV I
New York
$224M
Capital World Investors
8
Capital World Investors
California
$204M +$208M +6,390,000 New
Wells Fargo
9
Wells Fargo
California
$186M -$20.6M -633,776 -10%
Morgan Stanley
10
Morgan Stanley
New York
$174M -$55.3M -1,701,876 -24%
SSM
11
Sound Shore Management
Connecticut
$148M -$22.2M -684,564 -13%
BIT
12
BlackRock Institutional Trust
California
$140M +$7.26M +223,454 +5%
SPC
13
Stone Point Capital
Connecticut
$133M
Canada Pension Plan Investment Board
14
Canada Pension Plan Investment Board
Ontario, Canada
$132M +$134M +4,118,157 +27,895%
WCM
15
Wedge Capital Management
North Carolina
$130M +$13M +400,253 +11%
NIMC
16
NWQ Investment Management Company
California
$120M -$11.7M -360,997 -9%
LSV Asset Management
17
LSV Asset Management
Illinois
$116M +$15.5M +477,542 +15%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$96.9M -$9.05M -278,708 -8%
TSW
19
Thompson Siegel & Walmsley
Virginia
$91.4M +$16M +492,395 +21%
Goldman Sachs
20
Goldman Sachs
New York
$78.4M -$6.22M -191,604 -7%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$71.5M -$3.04M -93,600 -4%
KCM
22
Kingstown Capital Management
New York
$68.6M +$4.87M +150,000 +8%
CC
23
Carlson Capital
Texas
$67.7M -$10.2M -315,000 -13%
Citadel Advisors
24
Citadel Advisors
Florida
$65.7M +$34.2M +1,053,140 +105%
BFA
25
BlackRock Fund Advisors
California
$62.8M +$9.87M +303,821 +18%

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.