CIT Group Inc.
CIT
CIT was delisted on the 3rd of January, 2022.
314 hedge funds and large institutions have $4.33B invested in CIT Group Inc. in 2019 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 107 increasing their positions, 116 reducing their positions, and 38 closing their positions.
53% more call options, than puts
Call options by funds: $35.5M | Put options by funds: $23.2M
0% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 38
0% less funds holding
Funds holding: 315 → 314 (-1)
8% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 116
12% less capital invested
Capital invested by funds: $4.94B → $4.33B (-$606M)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$50.6M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$40.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$39.1M |
| 4 |
LCM
Lakewood Capital Management
New York
|
+$27.7M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$42.9M |
| 2 |
Millennium Management
New York
|
-$38.2M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$29.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$18.7M |
CIT Hedge Fund Activity: Q3 2019 in Review
314 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in CIT Group Inc. (CIT) for Q3 2019, worth a combined $4.33B — down 12% from $4.94B a quarter earlier.
Fund positioning in CIT was balanced in Q3 2019: 38 funds opened new positions, 38 closed out, 107 added to existing stakes and 116 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $50.6M. The largest seller was Franklin Resources, cutting an estimated $42.9M.
- 314 institutional investors held CIT Group Inc. (CIT) as of Q3 2019, down from 315 in Q2 2019.
- Funds reported $4.33B of CIT Group Inc. stock for Q3 2019, down 12% quarter-over-quarter.
- 38 funds opened new CIT Group Inc. positions in Q3 2019 and 38 closed out, a net change of 0 holders.
- The largest CIT Group Inc. buyer in Q3 2019 was Arrowstreet Capital, an estimated $50.6M added.
- The largest CIT Group Inc. seller in Q3 2019 was Franklin Resources, an estimated $42.9M sold.
Based on aggregated 13F filings for Q3 2019.