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CIT

CIT Group Inc.
CIT

Delisted

CIT was delisted on the 3rd of January, 2022.

320 hedge funds and large institutions have $4.71B invested in CIT Group Inc. in 2019 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 87 increasing their positions, 139 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 32

34% more call options, than puts

Call options by funds: $33.7M | Put options by funds: $25.2M

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

19% more capital invested

Capital invested by funds: $3.95B → $4.71B (+$762M)

4% more funds holding

Funds holding: 307320 (+13)

37% less repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 139

Holders
320
Holders Change
+13
Holders Change %
+4.23%
% of All Funds
6.92%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.19%
New
48
Increased
87
Reduced
139
Closed
32
Calls
$33.7M
Puts
$25.2M
Net Calls
+$8.5M
Net Calls Change
-$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$460M +$2.95M +62,760 +0.7%
FPA
2
First Pacific Advisors
California
$446M -$9.02M -191,525 -2%
Franklin Resources
3
Franklin Resources
California
$399M -$4.06M -86,274 -1%
BlackRock
4
BlackRock
New York
$297M -$14.8M -314,979 -5%
Capital World Investors
5
Capital World Investors
California
$286M -$93.6M -1,989,365 -25%
LSV Asset Management
6
LSV Asset Management
Illinois
$216M +$16.1M +341,900 +8%
State Street
7
State Street
Massachusetts
$200M -$25.8M -547,086 -12%
NMVA
8
New Mountain Vantage Advisers
New York
$164M -$14.8M -313,685 -8%
Hotchkis & Wiley Capital Management
9
Hotchkis & Wiley Capital Management
California
$136M -$11.2M -237,700 -8%
LCM
10
Lakewood Capital Management
New York
$127M +$11.3M +240,000 +10%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$126M -$86.7K -1,842 -0.1%
TSW
12
Thompson Siegel & Walmsley
Virginia
$124M -$16.7M -354,984 -12%
Wells Fargo
13
Wells Fargo
California
$103M -$8.18M -173,783 -7%
NIMC
14
NWQ Investment Management Company
California
$86.3M -$15M -318,884 -15%
Norges Bank
15
Norges Bank
Norway
$72.2M -$27.3M -579,913 -28%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$62.7M -$3.49M -74,150 -5%
Northern Trust
17
Northern Trust
Illinois
$53.4M -$23.8M -506,320 -31%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$52.9M -$6.68M -141,956 -11%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$47.6M +$13.2M +281,190 +40%
Charles Schwab
20
Charles Schwab
California
$39.9M -$844K -17,939 -2%
Legal & General Group
21
Legal & General Group
United Kingdom
$37.9M +$4.51M +95,818 +14%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$35.3M +$8.81M +187,100 +34%
JP Morgan Chase
23
JP Morgan Chase
New York
$33.7M +$757K +16,079 +2%
PPA
24
Parametric Portfolio Associates
Washington
$33.7M +$1.91M +40,659 +6%
Renaissance Technologies
25
Renaissance Technologies
New York
$31.8M +$4.62M +98,100 +17%

CIT Hedge Fund Activity: Q1 2019 in Review

320 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q1 2019, worth a combined $4.71B — up 19% from $3.95B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CIT positions and 32 closed out — a net gain of 16 holders — while 87 added to existing stakes and 139 trimmed.

The largest buyer was Wedge Capital Management, opening a new position worth an estimated $25.7M. The largest seller was Capital World Investors, cutting an estimated $93.6M.

  • 320 institutional investors held CIT Group Inc. (CIT) as of Q1 2019, up from 307 in Q4 2018.
  • Funds reported $4.71B of CIT Group Inc. stock for Q1 2019, up 19% quarter-over-quarter.
  • 48 funds opened new CIT Group Inc. positions in Q1 2019 and 32 closed out, a net change of +16 holders.
  • The largest CIT Group Inc. buyer in Q1 2019 was Wedge Capital Management, an estimated $25.7M added.
  • The largest CIT Group Inc. seller in Q1 2019 was Capital World Investors, an estimated $93.6M sold.

Based on aggregated 13F filings for Q1 2019.