Cintas
CTAS
515 hedge funds and large institutions have $7.86B invested in Cintas in 2016 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 130 increasing their positions, 215 reducing their positions, and 40 closing their positions.
103% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 40
15% more call options, than puts
Call options by funds: $30.1M | Put options by funds: $26.1M
12% more capital invested
Capital invested by funds: $6.99B → $7.86B (+$873M)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
7% more funds holding
Funds holding: 482 → 515 (+33)
40% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 215
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$90M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$56.4M |
| 3 |
Renaissance Technologies
New York
|
+$39.1M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$34.5M |
| 5 |
Millennium Management
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$101M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$49.6M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$44.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$38.9M |
| 5 |
RG
Renaissance Group
Covington,
Kentucky
|
-$33.2M |
CTAS Hedge Fund Activity: Q3 2016 in Review
515 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q3 2016, worth a combined $7.86B — up 12% from $6.99B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CTAS positions and 40 closed out — a net gain of 41 holders — while 130 added to existing stakes and 215 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $90M. The largest seller was First Eagle Investment Management, cutting an estimated $101M.
- 515 institutional investors held Cintas (CTAS) as of Q3 2016, up from 482 in Q2 2016.
- Funds reported $7.86B of Cintas stock for Q3 2016, up 12% quarter-over-quarter.
- 81 funds opened new Cintas positions in Q3 2016 and 40 closed out, a net change of +41 holders.
- The largest Cintas buyer in Q3 2016 was Fidelity Investments, an estimated $90M added.
- The largest Cintas seller in Q3 2016 was First Eagle Investment Management, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2016.