Lionstone Capital Management’s Cintas CTAS Stock Holding History

Lionstone Capital Management’s Portfolio CTAS Stock Details CTAS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-76,960	Closed	-$5.16M	–	16
2019 Q3	$5.16M	Sell	76,960 -98,720	-56%	-$6.32M	2.4%	15
2019 Q2	$10.4M	Sell	175,680 -155,000	-47%	-$8.57M	4.63%	9
2019 Q1	$16.7M	Sell	330,680 -125,480	-28%	-$6.08M	7.64%	8
2018 Q4	$19.2M	Hold	456,160	–	–	9.29%	3
2018 Q3	$22.6M	Sell	456,160 -53,600	-11%	-$2.77M	9.24%	3
2018 Q2	$23.6M	Sell	509,760 -110,240	-18%	-$4.96M	10.03%	2
2018 Q1	$26.4M	Hold	620,000	–	–	11.98%	1
2017 Q4	$24.2M	Hold	620,000	–	–	11.4%	2
2017 Q3	$22.4M	Buy	620,000 +68,000	+12%	+$2.26M	10.54%	5
2017 Q2	$17.4M	Buy	+552,000	New	+$17.2M	8.85%	7

Other funds holding CTAS

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $60.9B AUM 15.24% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Lionstone Capital Management's CTAS Position: Q4 2019 in Review

Lionstone Capital Management sold out of Cintas (CTAS) in Q4 2019, closing a stake of 76,960 shares — an estimated $5.16M sold.

Lionstone Capital Management first reported a position in CTAS in Q2 2017 and held it in 10 quarters. The position peaked at $26.4M in Q1 2018. 791 funds tracked by Wall St. Rank hold CTAS as of Q4 2019.

Lionstone Capital Management reported no remaining Cintas position as of Q4 2019 after selling out during the quarter.
Lionstone Capital Management sold 76,960 Cintas shares in Q4 2019, an estimated $5.16M.
Lionstone Capital Management first reported a position in Cintas in Q2 2017 and held it in 10 quarters.
Lionstone Capital Management's Cintas position peaked at $26.4M in Q1 2018.
791 funds tracked by Wall St. Rank held Cintas as of Q4 2019.

Based on Lionstone Capital Management's 13F filing for Q4 2019, filed 12 Feb 2020.