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CIT Group Inc (NYSE:CIT)

29.41
Delayed Data
As of Jun 28
 +0.96 / +3.37%
Today’s Change
25.19
Today|||52-Week Range
49.27
-25.92%
Year-to-Date
Institutional investors purchased a net $1.8 million shares of CIT during the quarter ended March 2016 and now own 97.56% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Finance/Rental/Leasing industry and highlights that the smart money sees this stock as an important holding.
Other institutional48.96%
Mutual fund holders48.60%
Individual stakeholders2.66%

Largest Quarterly Institutional
Transactions

Latest Institutional Activity

3/31/2016FIRST PACIFIC ADVISORS LLC  Bought 7.0 Million shares of CIT Group Inc
3/31/2016MORGAN STANLEY & CO. LLC  Bought 6.6 Million shares of CIT Group Inc
3/31/2016KINGSTOWN CAPITAL MANAGEMENT LP  Bought 2.0 Million shares of CIT Group Inc

Top 10 Owners of CIT Group Inc

StockholderStakeShares
owned
Total value ($)Shares
bought / sold
Total
change
Capital Research & Management Co....7.92%15,966,500547,012,290+740,000+4.86%
Franklin Mutual Advisers LLC6.93%13,985,935479,158,133-360,176-2.51%
The Vanguard Group, Inc.6.72%13,553,260464,334,688-992-0.01%
First Pacific Advisors LLC6.38%12,859,035440,550,539+7,019,265+120.20%
Fidelity Management & Research Co...3.71%7,486,992256,504,346+475,991+6.79%
JC Flowers Securities Co. LLC3.47%7,007,345240,071,64000.00%
Morgan Stanley & Co. LLC3.45%6,962,810238,545,871+6,598,395+1,810.68%
SSgA Funds Management, Inc.3.06%6,163,571211,163,942-766,160-11.06%
BlackRock Fund Advisors2.90%5,840,929200,110,228-446,750-7.11%
Metropolitan West Capital Managem...2.84%5,723,592196,090,262-229,771-3.86%

Top 10 Mutual Funds Holding CIT Group Inc

Mutual fundStakeShares
owned
Total value ($)Shares
bought / sold
Total
change
American Funds Growth Fund of Ame...4.66%9,401,000322,078,260+486,246+5.45%
American Funds Capital World Grow...3.02%6,095,000208,814,70000.00%
FPA Crescent Fund2.63%5,310,100181,924,026+455,890+9.39%
Franklin Mutual Global Discovery ...2.54%5,123,224175,521,65400.00%
Vanguard Mid Cap Index Fund2.21%4,453,627152,581,261+72,661+1.66%
Vanguard Total Stock Market Index...1.95%3,940,765135,010,609+62,868+1.62%
Franklin Mutual Shares Fund1.76%3,544,866121,447,10900.00%
Franklin Mutual Quest Fund1.13%2,269,08877,738,955-399,829-14.98%
Fidelity Value Fund1.02%2,060,07670,578,20400.00%
Government Pension Fund - Global ...0.99%1,986,59668,060,779+646,727+48.27%