CIT BANK, NA WEALTH MANAGEMENT

CIK

1478417

Location

SCOTTSDALE, AZ

Portfolio Value

Small $222,694,581

Diversification

Diversified

Filing Date

Global Rank

#3,223 / 5,416 ▼ 139 · as of Sep 2020

Top Industry

Household & Personal Products 18.9%

Period ended 6 years ago

Filed Oct 23, 2020 · 6y

3 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2020, never from the firm's own description.

Style

Concentrated

The top 10 positions are 71.0% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Horizon unknown

The value-weighted holding period is at least 3.0 quarters, but 97.0% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2020-09-30, active share 74.8%; sector active share 33.3% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

117 tracked positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020

Top Position

34.8%

+0.6 pts

Top 5

59.2%

+1.2 pts

Top 10

71.0%

−1.0 pts

HHI

1,424

Diversified+44

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2020

Sector	% Portfolio	Value	Positions
Unclassified	47.0%	$104,636,002	37
Consumer Defensive	15.7%	$35,000,908	13
Healthcare	14.3%	$31,915,744	11
Technology	9.7%	$21,568,689	12
Industrials	4.3%	$9,464,598	16
Financial Services	2.8%	$6,146,289	7
Consumer Cyclical	1.9%	$4,337,558	6
Communication Services	1.7%	$3,841,086	5
Utilities	1.3%	$2,879,640	7
Energy	1.1%	$2,368,164	2
Basic Materials	0.2%	$535,903	1

Last Quarter's Activity

Export CSV

Sep 30, 2020 vs Jun 30, 2020

Added To

Positions the filer increased

17 positions

Ticker	Company	Δ Shares	Shares	Value
IAU	Ishares Gold Trust	+244,843	261,458	$4,703,628
IEMG	iShares Trust	+64,309	74,512	$0
AAPL	Apple Inc.	+35,566	50,740	$5,876,199
AGG	iShares Core U.S. Aggregate Bond ETF	+9,725	226,983	$0
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+4,755	160,260	$0
QQQ	Invesco Qqq Trust, Series 1	+3,769	10,810	$3,003,450
IVV	iShares Core S&P 500 ETF	+2,531	9,916	$0
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	+1,070	27,948	$0
PPL	PPL Corp	+1,035	16,454	$447,713
KO	Coca Cola Co	+670	109,935	$5,427,490
EFA	iShares MSCI EAFE ETF	+583	50,604	$0
TSLA	Tesla, Inc.	+370	570	$244,535
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
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	−29,090	35,595	$3,754,559
SPY	Spdr S&P 500 ETF Trust	−15,582	231,423	$77,501,247
QCOM	Qualcomm Inc	−10,940	74,457	$8,762,099
ACWI	iShares MSCI ACWI ETF	−9,815	150,755	$0
IWM	iShares Russell 2000 ETF	−9,082	33,935	$0
PFF	iShares Preferred and Income Securities ETF	−6,918	22,095	$0
IJR	iShares Core S&P Small-Cap ETF	−6,193	44,975	$0
PGX	Invesco Ltd.	−5,685	75,390	$1,110,494
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	−5,575	17,145	$1,018,070
SDOG	ALPS Sector Dividend Dogs ETF	−4,925	18,805	$711,017
BMY	Bristol Myers Squibb Co	−4,865	9,550	$575,769
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	−4,810	19,110	$1,765,764
PFE	Pfizer Inc	−4,675	50,104	$1,838,814
INTC	Intel Corp	−4,585	19,475	$1,008,415
DVY	iShares Select Dividend ETF	−3,970	13,446	$0
FGD	First Trust Dow Jones Global Select Dividend Index Fund	−3,765	24,550	$437,726
FDL	First Trust Morningstar Dividend Leaders Index Fund	−3,550	14,500	$377,870
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	$933,301
SHY	iShares 1-3 Year Treasury Bond ETF	−2,620	5,241	$0
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	31,180	$426,230
NFLX	Netflix Inc	700	$350,021
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
SMOG	VanEck Low Carbon Energy ETF	1,865	$205,075
MOO	VanEck Agribusiness ETF	2,999	$202,402
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
VRP	Invesco Ltd.	12,160	$284,908
USB	US Bancorp De	6,750	$248,535
AMLP	Alerian MLP ETF	9,131	$225,353
IVE	iShares S&P 500 Value ETF	3,945	$0
—		9,000	$0
IEI	iShares 3-7 Year Treasury Bond ETF	1,955	$0
IJH	iShares Core S&P Mid-Cap ETF	2,450	$0
IWO	iShares Russell 2000 Growth ETF	1,875	$0
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	16,100	$0
IWB	iShares Russell 1000 ETF	5,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

117 tracked positions · $222,694,581 total · filing declares 172 positions · $298,560,000 · 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 117 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	231,423	-15,582	$77,501,247	+1.8%	3+	before history	34.80%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	155,140	-1,085	$21,562,908	+15.4%	3+	before history	9.68%
ABT	Abbott Laboratories Healthcare	Held	119,278	0	$12,981,024	+19.0%	3+	before history	5.83%
ABBV	AbbVie Inc. Healthcare	Reduced	125,941	-2,250	$11,031,172	−12.4%	3+	before history	4.95%
QCOM	Qualcomm Inc Technology	Reduced	74,457	-10,940	$8,762,099	+12.5%	3+	before history	3.93%
AAPL	Apple Inc. Technology	Added	50,740	+35,566	$5,876,199	+6.2%	3+	before history	2.64%
KO	Coca Cola Co Consumer Defensive	Added	109,935	+670	$5,427,490	+11.2%	3+	before history	2.44%
IAU	Ishares Gold Trust	Added	261,458	+244,843	$4,703,628	+1566.3%	3+	before history	2.11%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	11,999	+177	$4,065,621	+6.0%	3+	before history	1.83%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	35,595	-29,090	$3,754,559	−42.0%	3+	before history	1.69%
BRK-A	Berkshire Hathaway Inc Financial Services	Reduced	10	-30	$3,200,010	−70.1%	3+	before history	1.44%
QQQ	Invesco Qqq Trust, Series 1	Added	10,810	+3,769	$3,003,450	+72.3%	3+	before history	1.35%
EEM	iShares MSCI Emerging Markets ETF	Reduced	66,051	-354	$2,912,187	+9.7%	3+	before history	1.31%
JNJ	Johnson & Johnson Healthcare	Reduced	14,802	-700	$2,203,721	+1.1%	3+	before history	0.99%
MSFT	Microsoft Corp Technology	Reduced	10,220	-850	$2,149,572	−4.6%	3+	before history	0.97%
PFE	Pfizer Inc Healthcare	Reduced	50,104	-4,675	$1,838,814	+2.7%	3+	before history	0.83%
TGT	Target Corp Consumer Defensive	Reduced	11,575	-1,200	$1,822,136	+18.9%	3+	before history	0.82%
MRK	Merck & Co., Inc. Healthcare	Held	21,714	0	$1,801,176	+7.3%	3+	before history	0.81%
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	Reduced	19,110	-4,810	$1,765,764	−19.1%	3+	before history	0.79%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	535	-25	$1,684,570	+9.0%	3+	before history	0.76%
AME	Ametek Inc Industrials	Held	13,483	0	$1,340,210	+11.2%	3+	before history	0.60%
HUBB	Hubbell Inc Industrials	Held	9,748	0	$1,333,916	+9.2%	3+	before history	0.60%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	11,306	-735	$1,319,410	+4.9%	3+	before history	0.59%
CVX	Chevron Corp Energy	Added	16,922	+30	$1,218,384	−19.2%	3+	before history	0.55%
UPS	United Parcel Service Inc Industrials	Reduced	6,932	-2,195	$1,155,079	+13.8%	3+	before history	0.52%
XOM	ExxonMobil Holdings Corp Energy	Reduced	33,492	-1,090	$1,149,780	−25.7%	3+	before history	0.52%
PGX	Invesco Ltd. Financial Services	Reduced	75,390	-5,685	$1,110,494	−3.0%	3+	before history	0.50%
VZ	Verizon Communications Inc Communication Services	Reduced	17,406	-2,825	$1,035,482	−7.2%	3+	before history	0.46%
CSCO	Cisco Systems, Inc. Technology	Reduced	26,053	-3,060	$1,026,227	−24.4%	3+	before history	0.46%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Reduced	17,145	-5,575	$1,018,070	−20.6%	3+	before history	0.46%
WMT	Walmart Inc. Consumer Defensive	Reduced	7,246	-1,925	$1,013,788	−7.7%	3+	before history	0.46%
INTC	Intel Corp Technology	Reduced	19,475	-4,585	$1,008,415	−29.9%	3+	before history	0.45%
META	Meta Platforms, Inc. Communication Services	Reduced	3,825	-1,150	$1,001,767	−11.3%	3+	before history	0.45%
IBM	International Business Machines Corp Technology	Reduced	8,155	-1,645	$992,217	−16.2%	3+	before history	0.45%
UNP	Union Pacific Corp Industrials	Reduced	4,920	-525	$968,600	+5.2%	3+	before history	0.43%
T	At&T Inc. Communication Services	Reduced	32,736	-2,625	$933,301	−12.7%	3+	before history	0.42%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	3,045	-795	$845,626	−12.1%	3+	before history	0.38%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	3,790	-145	$831,867	+14.6%	3+	before history	0.37%
MO	Altria Group, Inc. Consumer Defensive	Reduced	20,040	-3,355	$774,345	−15.7%	3+	before history	0.35%
DUK	Duke Energy CORP Utilities	Reduced	8,475	-2,880	$750,546	−17.3%	3+	before history	0.34%
PM	Philip Morris International Inc. Consumer Defensive	Held	9,938	0	$745,250	+7.0%	3+	before history	0.33%
PEP	Pepsico Inc Consumer Defensive	Added	5,340	+225	$740,124	+9.4%	3+	before history	0.33%
SDOG	ALPS Sector Dividend Dogs ETF	Reduced	18,805	-4,925	$711,017	−17.6%	3+	before history	0.32%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	12,031	0	$691,180	+12.4%	3+	before history	0.31%
BA	Boeing Co Industrials	Added	4,135	+150	$683,350	−6.4%	3+	before history	0.31%
GLD	Spdr Gold Trust	Reduced	3,705	-425	$656,229	−5.1%	3+	before history	0.29%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Reduced	13,595	-2,615	$632,031	−2.3%	3+	before history	0.28%
CAT	Caterpillar Inc Industrials	Held	4,050	0	$604,057	+17.9%	3+	before history	0.27%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	9,550	-4,865	$575,769	−32.1%	3+	before history	0.26%
NSC	Norfolk Southern Corp Industrials	Held	2,650	0	$567,073	+21.9%	3+	before history	0.25%

Showing the top 50 of 117 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.