Institutional investors purchased a net $3.6 million shares of CIT during the quarter ended June 2016 and now own 99.28% 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.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
CAPITAL RESEARCH & MANAGEMENT CO... Bought 6.4 Million shares of CIT Group Inc
CANADA PENSION PLAN INVESTMENT B... Bought 4.1 Million shares of CIT Group Inc
FIRST PACIFIC ADVISORS LLC Bought 1.3 Million shares of CIT Group Inc