Cintas
CTAS
760 hedge funds and large institutions have $18.1B invested in Cintas in 2020 Q2 according to their latest regulatory filings, with 142 funds opening new positions, 276 increasing their positions, 250 reducing their positions, and 81 closing their positions.
75% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 81
55% more capital invested
Capital invested by funds: $11.6B → $18.1B (+$6.45B)
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
10% more repeat investments, than reductions
Existing positions increased: 276 | Existing positions reduced: 250
8% more funds holding
Funds holding: 703 → 760 (+57)
2.35% more ownership
Funds ownership: 258.45% → 260.8% (+2.3%)
62% less call options, than puts
Call options by funds: $33.6M | Put options by funds: $89.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$343M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$136M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$133M |
| 4 |
FAM
Fred Alger Management
New York
|
+$71.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$179M |
| 2 |
Goldman Sachs
New York
|
-$122M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$87.2M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$61.7M |
| 5 |
Select Equity Group
New York
|
-$53.5M |
CTAS Hedge Fund Activity: Q2 2020 in Review
760 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q2 2020, worth a combined $18.1B — up 55% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new CTAS positions and 81 closed out — a net gain of 61 holders — while 276 added to existing stakes and 250 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $343M. The largest seller was Fidelity Investments, cutting an estimated $179M.
- 760 institutional investors held Cintas (CTAS) as of Q2 2020, up from 703 in Q1 2020.
- Funds reported $18.1B of Cintas stock for Q2 2020, up 55% quarter-over-quarter.
- 142 funds opened new Cintas positions in Q2 2020 and 81 closed out, a net change of +61 holders.
- The largest Cintas buyer in Q2 2020 was T. Rowe Price Associates, an estimated $343M added.
- The largest Cintas seller in Q2 2020 was Fidelity Investments, an estimated $179M sold.
Based on aggregated 13F filings for Q2 2020.