CIT BANK, NA WEALTH MANAGEMENT

CIK

1478417

Location

SCOTTSDALE, AZ

Portfolio Value

Small $192,056,443

Diversification

Moderately concentrated

Filing Date

Global Rank

#2,667 / 5,288 ▼ 94

Top Industry

Household & Personal Products 20.4%

3Y Alpha vs SPY

-4.4%

Period ended 5 years ago

Filed Oct 23, 2020 · 5y

3 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+57.9%

SPY

+76.3%

Annualised alpha

-4.4%

Max drawdown

−15.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

80 positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020

Top Position

40.4%

−0.9 pts

Top 5

68.6%

+0.3 pts

Top 10

78.9%

+2.5 pts

HHI

1,888

Moderately concentrated−46

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Unclassified	43.0%	$82,549,159	4
Consumer Defensive	17.9%	$34,325,049	13
Healthcare	16.5%	$31,708,495	11
Technology	11.1%	$21,328,884	12
Industrials	4.7%	$8,982,735	15
Communication Services	1.7%	$3,297,676	5
Utilities	1.5%	$2,879,640	7
Consumer Cyclical	1.3%	$2,574,192	6
Energy	1.2%	$2,368,164	2
Financial Services	0.8%	$1,506,546	4
Basic Materials	0.3%	$535,903	1

Last Quarter's Activity

Export CSV

Sep 30, 2020 vs Jun 30, 2020

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	+35,566	50,740	$5,876,199
PPL	PPL Corp	+1,035	16,454	$447,713
KO	Coca Cola Co	+670	109,935	$5,427,490
TSLA	Tesla, Inc.	+370	570	$81,511
PEP	Pepsico Inc	+225	5,340	$740,124
MDY	Spdr S&P Midcap 400 ETF Trust	+177	11,999	$4,065,621
BA	Boeing Co	+150	4,135	$683,350
KMB	Kimberly Clark Corp	+45	2,995	$442,241
CVX	Chevron Corp	+30	16,922	$1,218,384
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−15,582	231,423	$77,501,247
QCOM	Qualcomm Inc/De	−10,940	74,457	$8,762,099
BMY	Bristol Myers Squibb Co	−4,865	9,550	$575,769
PFE	Pfizer Inc	−4,675	50,104	$1,744,605
INTC	Intel Corp	−4,585	19,475	$1,008,415
ORCL	Oracle Corp	−3,498	6,215	$371,035
MO	Altria Group, Inc.	−3,355	20,040	$774,345
GILD	Gilead Sciences, Inc.	−3,105	6,028	$380,909
CSCO	Cisco Systems, Inc.	−3,060	26,053	$1,026,227
DUK	Duke Energy CORP	−2,880	8,475	$750,546
VZ	Verizon Communications Inc	−2,825	17,406	$1,035,482
T	At&T Inc.	−2,625	32,736	$704,910
ADM	Archer-Daniels-Midland Co	−2,615	13,595	$632,031
ETN	Eaton Corp plc	−2,425	5,000	$510,150
ABBV	AbbVie Inc.	−2,250	125,941	$11,031,172
UPS	United Parcel Service Inc	−2,195	6,932	$1,155,079
WMT	Walmart Inc.	−1,925	7,246	$337,929
IBM	International Business Machines Corp	−1,645	8,155	$948,583
ED	Consolidated Edison Inc	−1,615	3,780	$294,084
AEP	American Electric Power Co Inc	−1,350	3,130	$255,814
MMM	3M Co	−1,295	2,175	$291,296
TGT	Target Corp	−1,200	11,575	$1,822,136
META	Meta Platforms, Inc.	−1,150	3,825	$1,001,767
XOM	Exxon Mobil Corp	−1,090	33,492	$1,149,780
PG	PROCTER & GAMBLE Co	−1,085	155,140	$21,562,908
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
DE	Deere & Co	1,000	$221,630
NVAX	Novavax Inc	2,000	$216,700
TXN	Texas Instruments Inc	1,500	$214,185
SWK	Stanley Black & Decker, Inc.	1,275	$206,805
EMR	Emerson Electric Co	3,135	$205,561
NFLX	Netflix Inc	700	$35,002
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	7,041	$1,743,351
USB	US Bancorp De	6,750	$248,535
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

80 positions · $192,056,443 total · as of Sep 30, 2020

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 80 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	231,423	-15,582	$77,501,247	+1.8%	40.35%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	155,140	-1,085	$21,562,908	+15.4%	11.23%
ABT	Abbott Laboratories Healthcare	Held	119,278	0	$12,981,024	+19.0%	6.76%
ABBV	AbbVie Inc. Healthcare	Reduced	125,941	-2,250	$11,031,172	−12.4%	5.74%
QCOM	Qualcomm Inc/De Technology	Reduced	74,457	-10,940	$8,762,099	+12.5%	4.56%
AAPL	Apple Inc. Technology	Added	50,740	+35,566	$5,876,199	+324.6%	3.06%
KO	Coca Cola Co Consumer Defensive	Added	109,935	+670	$5,427,490	+11.2%	2.83%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	11,999	+177	$4,065,621	+6.0%	2.12%
JNJ	Johnson & Johnson Healthcare	Reduced	14,802	-700	$2,203,721	+1.1%	1.15%
MSFT	Microsoft Corp Technology	Reduced	10,220	-850	$2,149,572	−4.6%	1.12%
TGT	Target Corp Consumer Defensive	Reduced	11,575	-1,200	$1,822,136	+18.9%	0.95%
PFE	Pfizer Inc Healthcare	Reduced	50,104	-4,675	$1,744,605	+2.7%	0.91%
MRK	Merck & Co., Inc. Healthcare	Held	21,714	0	$1,718,679	+7.3%	0.89%
AME	Ametek Inc/ Industrials	Held	13,483	0	$1,340,210	+11.2%	0.70%
HUBB	Hubbell Inc Industrials	Held	9,748	0	$1,333,916	+9.2%	0.69%
CVX	Chevron Corp Energy	Added	16,922	+30	$1,218,384	−19.2%	0.63%
UPS	United Parcel Service Inc Industrials	Reduced	6,932	-2,195	$1,155,079	+13.8%	0.60%
XOM	Exxon Mobil Corp Energy	Reduced	33,492	-1,090	$1,149,780	−25.7%	0.60%
VZ	Verizon Communications Inc Communication Services	Reduced	17,406	-2,825	$1,035,482	−7.2%	0.54%
CSCO	Cisco Systems, Inc. Technology	Reduced	26,053	-3,060	$1,026,227	−24.4%	0.53%
INTC	Intel Corp Technology	Reduced	19,475	-4,585	$1,008,415	−29.9%	0.53%
META	Meta Platforms, Inc. Communication Services	Reduced	3,825	-1,150	$1,001,767	−11.3%	0.52%
UNP	Union Pacific Corp Industrials	Reduced	4,920	-525	$968,600	+5.2%	0.50%
IBM	International Business Machines Corp Technology	Reduced	8,155	-1,645	$948,583	−16.2%	0.49%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	3,045	-795	$845,626	−12.1%	0.44%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	3,790	-145	$831,867	+14.6%	0.43%
MO	Altria Group, Inc. Consumer Defensive	Reduced	20,040	-3,355	$774,345	−15.7%	0.40%
DUK	Duke Energy CORP Utilities	Reduced	8,475	-2,880	$750,546	−17.3%	0.39%
PM	Philip Morris International Inc. Consumer Defensive	Held	9,938	0	$745,250	+7.0%	0.39%
PEP	Pepsico Inc Consumer Defensive	Added	5,340	+225	$740,124	+9.4%	0.39%
T	At&T Inc. Communication Services	Reduced	32,736	-2,625	$704,910	−12.7%	0.37%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	12,031	0	$691,180	+12.4%	0.36%
BA	Boeing Co Industrials	Added	4,135	+150	$683,350	−6.4%	0.36%
GLD	Spdr Gold Trust	Reduced	3,705	-425	$656,229	−5.1%	0.34%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	13,595	-2,615	$632,031	−2.3%	0.33%
CAT	Caterpillar Inc Industrials	Held	4,050	0	$604,057	+17.9%	0.31%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	9,550	-4,865	$575,769	−32.1%	0.30%
NSC	Norfolk Southern Corp Industrials	Held	2,650	0	$567,073	+21.9%	0.30%
EMN	Eastman Chemical Co Basic Materials	Reduced	6,860	-850	$535,903	−0.2%	0.28%
DIS	Walt Disney Co Communication Services	Reduced	4,195	-1,050	$520,515	−11.0%	0.27%
ETN	Eaton Corp plc Industrials	Reduced	5,000	-2,425	$510,150	−21.5%	0.27%
AEE	Ameren Corp Utilities	Held	5,916	0	$467,837	+12.4%	0.24%
GPC	Genuine Parts Co Consumer Cyclical	Reduced	4,805	-905	$457,291	−7.9%	0.24%
PPL	PPL Corp Utilities	Added	16,454	+1,035	$447,713	+12.4%	0.23%
KMB	Kimberly Clark Corp Consumer Defensive	Added	2,995	+45	$442,241	+6.1%	0.23%
SO	Southern Co Utilities	Reduced	8,032	-190	$435,495	+2.2%	0.23%
KR	Kroger Co Consumer Defensive	Reduced	12,785	-715	$433,539	−5.1%	0.23%
SPGI	S&P Global Inc. Financial Services	Held	1,200	0	$432,720	+9.4%	0.23%
NTRS	Northern Trust Corp Financial Services	Reduced	5,445	-180	$424,546	−4.9%	0.22%
ADP	Automatic Data Processing Inc Technology	Held	2,850	0	$397,546	−6.3%	0.21%