Cintas
CTAS
677 hedge funds and large institutions have $16.5B invested in Cintas in 2019 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 216 increasing their positions, 258 reducing their positions, and 64 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
17% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 64
15% more capital invested
Capital invested by funds: $14.4B → $16.5B (+$2.11B)
0% more funds holding
Funds holding: 675 → 677 (+2)
5.28% less ownership
Funds ownership: 271.73% → 266.45% (-5.3%)
16% less repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 258
28% less call options, than puts
Call options by funds: $26.6M | Put options by funds: $37.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$203M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$92.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.7M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$50.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$177M |
| 2 |
Bank of New York Mellon
New York
|
-$62.8M |
| 3 |
FAM
Fred Alger Management
New York
|
-$59.4M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$53.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$48.3M |
CTAS Hedge Fund Activity: Q2 2019 in Review
677 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q2 2019, worth a combined $16.5B — up 15% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new CTAS positions and 64 closed out — a net gain of 11 holders — while 216 added to existing stakes and 258 trimmed.
The largest buyer was Invesco, adding an estimated $203M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $177M sold.
- 677 institutional investors held Cintas (CTAS) as of Q2 2019, up from 675 in Q1 2019.
- Funds reported $16.5B of Cintas stock for Q2 2019, up 15% quarter-over-quarter.
- 75 funds opened new Cintas positions in Q2 2019 and 64 closed out, a net change of +11 holders.
- The largest Cintas buyer in Q2 2019 was Invesco, an estimated $203M added.
- The largest Cintas seller in Q2 2019 was First Eagle Investment Management, an estimated $177M sold.
Based on aggregated 13F filings for Q2 2019.