Cintas
CTAS
559 hedge funds and large institutions have $10.3B invested in Cintas in 2017 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 172 increasing their positions, 210 reducing their positions, and 49 closing their positions.
83% more call options, than puts
Call options by funds: $48.3M | Put options by funds: $26.4M
59% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 49
50% more funds holding in top 10
Funds holding in top 10: 14 → 21 (+7)
16% more capital invested
Capital invested by funds: $8.89B → $10.3B (+$1.45B)
4% more funds holding
Funds holding: 535 → 559 (+24)
2.42% less ownership
Funds ownership: 267.88% → 265.46% (-2.4%)
18% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 210
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$94.8M |
| 2 |
Renaissance Technologies
New York
|
+$74M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$57M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$53.1M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$50.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$109M |
| 2 |
First Eagle Investment Management
New York
|
-$66.9M |
| 3 |
Alkeon Capital Management
New York
|
-$58.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$42.2M |
| 5 |
Goldman Sachs
New York
|
-$37.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
601
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$5.06K | -160 | Closed |
|
|
VWA
602
V Wealth Advisors
Overland Park,
Kansas
| – | -$2K | -68 | Closed |
|
603
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -60 | Closed |
|
|
CAM
604
ClariVest Asset Management
San Diego,
California
| – | -$2K | -48 | Closed |
|
|
RI
605
Redwood Investments
Boston,
Massachusetts
| – | -$1K | -36 | Closed |
|
|
ED
606
Exane Derivatives
Paris,
France
| – | -$126 | -4 | Closed |
|
CTAS Hedge Fund Activity: Q3 2017 in Review
559 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q3 2017, worth a combined $10.3B — up 16% from $8.89B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new CTAS positions and 49 closed out — a net gain of 29 holders — while 172 added to existing stakes and 210 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $94.8M. The largest seller was AQR Capital Management, cutting an estimated $109M.
- 559 institutional investors held Cintas (CTAS) as of Q3 2017, up from 535 in Q2 2017.
- Funds reported $10.3B of Cintas stock for Q3 2017, up 16% quarter-over-quarter.
- 78 funds opened new Cintas positions in Q3 2017 and 49 closed out, a net change of +29 holders.
- The largest Cintas buyer in Q3 2017 was T. Rowe Price Associates, an estimated $94.8M added.
- The largest Cintas seller in Q3 2017 was AQR Capital Management, an estimated $109M sold.
Based on aggregated 13F filings for Q3 2017.