Cit Group (NYSE:CIT)
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3 Anos : February 2009 para February 2012
 Hedge fund billionaire Edward Lampert trimmed his holdings in housing and financial stocks in the last quarter, a Friday regulatory filing shows.
Lampert-affiliated RBS Partners reported no stake in bankrupt lender CIT Group Inc. (CIT), mortgage giant Fannie Mae (FNM), retailer Home Depot Inc. (HD), Hartford Financial Services Group Inc. (HIG) or mortgage company PHH Corp. (PHH) as of Sept. 30. The firm held stakes in all five as of the previous quarter, including 22.2 million shares in Fannie Mae and 9.9 million in Home Depot.
Lampert, who is the chairman of Sears Holding Corp. (SHLD), also cut his holdings in Genworth Financial Inc. (GNW) nearly in half to 8.8 million, and trimmed his Citigroup Inc. (C) holdings to 18.8 million shares from 19 million. In addition, his Capital One Financial (COF) holdings shrunk to 9.8 million shares from 10 million.
Lampert also reported fewer shares in AutoZone Inc. (AZo), trimming his holdings by about 600,000 to 20.2 million.
Lampert left his shares in Sears, of which he owns more than half, unchanged.
Four times a year, major money managers are required to disclose holdings of most types of securities within 45 days of the end of a given quarter. The filings give the public its freshest possible look inside the portfolios of well-known investors.
The third quarter's deadline was Monday.
-By Brendan Conway, Dow Jones Newswires; (212) 416-2670; brendan.conway@dowjones.com
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