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725 hedge funds and large institutions have $18.6B invested in Cintas in 2019 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 229 increasing their positions, 282 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

137% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 38

12% more capital invested

Capital invested by funds: $16.5B → $18.6B (+$2.05B)

7% more funds holding

Funds holding: 677725 (+48)

6% more funds holding in top 10

Funds holding in top 10: 1819 (+1)

2.11% less ownership

Funds ownership: 266.45%264.33% (-2.1%)

19% less repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 282

28% less call options, than puts

Call options by funds: $57.8M | Put options by funds: $80.5M

Holders
725
Holders Change
+48
Holders Change %
+7.09%
% of All Funds
15.9%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.42%
New
90
Increased
229
Reduced
282
Closed
38
Calls
$57.8M
Puts
$80.5M
Net Calls
-$22.6M
Net Calls Change
-$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
26
Dimensional Fund Advisors
Texas
$128M +$1.72M +26,828 +1%
Luther King Capital Management (LKCM)
27
Luther King Capital Management (LKCM)
Texas
$125M +$445K +6,948 +0.4%
Artisan Partners
28
Artisan Partners
Wisconsin
$122M -$3.6M -56,208 -3%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$122M +$20.3M +316,488 +21%
Janus Henderson Group
30
Janus Henderson Group
United Kingdom
$121M +$21.7M +338,612 +23%
ProShare Advisors
31
ProShare Advisors
Maryland
$116M -$7.51M -117,244 -6%
Select Equity Group
32
Select Equity Group
New York
$112M -$41.8M -652,308 -28%
Renaissance Technologies
33
Renaissance Technologies
New York
$111M +$91.9M +1,435,600 +631%
PAMU
34
Pictet Asset Management (UK)
United Kingdom
$108M -$14.2M -221,512 -12%
Stifel Financial
35
Stifel Financial
Missouri
$105M +$1.78M +27,832 +2%
Bank of America
36
Bank of America
North Carolina
$101M +$25.8M +402,892 +36%
Sumitomo Mitsui Trust Group
37
Sumitomo Mitsui Trust Group
Japan
$101M +$47.6K +744 +0%
Charles Schwab
38
Charles Schwab
California
$98.2M +$788K +12,312 +0.8%
CIC
39
Chilton Investment Company
Connecticut
$94.5M -$3.5M -54,740 -4%
UBS AM
40
UBS AM
Illinois
$93.2M +$6.85M +106,972 +8%
Neuberger Berman Group
41
Neuberger Berman Group
New York
$92.1M -$16.1M -252,064 -16%
AQR Capital Management
42
AQR Capital Management
Connecticut
$86.6M -$10M -156,316 -11%
Citadel Advisors
43
Citadel Advisors
Florida
$86M +$46.7M +728,836 +132%
PPA
44
Parametric Portfolio Associates
Washington
$84.5M -$7.74M -120,920 -9%
Swiss National Bank
45
Swiss National Bank
Switzerland
$81.4M -$9.09M -141,924 -10%
Baird Financial Group
46
Baird Financial Group
Wisconsin
$81.2M -$323K -5,040 -0.4%
LCOV
47
London Company of Virginia
Virginia
$74.1M +$7.63M +119,112 +12%
Alkeon Capital Management
48
Alkeon Capital Management
New York
$73.6M
MWNA
49
Marshall Wace North America
New York
$72.9M -$7.68M -119,980 -10%
Manulife (Manufacturers Life Insurance)
50
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$71.3M -$13M -203,832 -16%

CTAS Hedge Fund Activity: Q3 2019 in Review

725 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q3 2019, worth a combined $18.6B — up 12% from $16.5B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new CTAS positions and 38 closed out — a net gain of 52 holders — while 229 added to existing stakes and 282 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $107M. The largest seller was Bessemer Group, cutting an estimated $207M.

  • 725 institutional investors held Cintas (CTAS) as of Q3 2019, up from 677 in Q2 2019.
  • Funds reported $18.6B of Cintas stock for Q3 2019, up 12% quarter-over-quarter.
  • 90 funds opened new Cintas positions in Q3 2019 and 38 closed out, a net change of +52 holders.
  • The largest Cintas buyer in Q3 2019 was Goldman Sachs, an estimated $107M added.
  • The largest Cintas seller in Q3 2019 was Bessemer Group, an estimated $207M sold.

Based on aggregated 13F filings for Q3 2019.