David Einhorn started to build up the position in CIT Group in Q4 2009 and continued to invest until Q1 2010. Since then they sold 10.6 Million shares. The investor completely sold their stake between Q4 2010 and Q2 2011.
Avg closing price
Price range
Sold -6.66 Million shares
Q2 2011
Avg closing price
$42.40
Price range
$39.60
-
$44.33
Sold 9.2% shares (-675 Thousand shares)
Q1 2011
Avg closing price
$45.14
Price range
$41.82
-
$49.01
Sold 30.7% shares (-3.25 Million shares)
Q4 2010
Avg closing price
$42.33
Price range
$39.46
-
$47.10
Increased shares by 67.5% (+4.27 Million shares)
Q1 2010