Cintas
CTAS
633 hedge funds and large institutions have $13.3B invested in Cintas in 2018 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 209 increasing their positions, 232 reducing their positions, and 35 closing their positions.
109% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 35
8% more capital invested
Capital invested by funds: $12.3B → $13.3B (+$948M)
6% more funds holding
Funds holding: 600 → 633 (+33)
0.61% more ownership
Funds ownership: 271.02% → 271.64% (+0.61%)
10% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 232
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
21% less call options, than puts
Call options by funds: $84.1M | Put options by funds: $106M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$137M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$62M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$49.5M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$46.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$146M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$63.6M |
| 3 |
BlackRock
New York
|
-$54.4M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$53.6M |
| 5 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$49.6M |
CTAS Hedge Fund Activity: Q2 2018 in Review
633 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q2 2018, worth a combined $13.3B — up 7.7% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new CTAS positions and 35 closed out — a net gain of 38 holders — while 209 added to existing stakes and 232 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $137M. The largest seller was First Eagle Investment Management, cutting an estimated $146M.
- 633 institutional investors held Cintas (CTAS) as of Q2 2018, up from 600 in Q1 2018.
- Funds reported $13.3B of Cintas stock for Q2 2018, up 7.7% quarter-over-quarter.
- 73 funds opened new Cintas positions in Q2 2018 and 35 closed out, a net change of +38 holders.
- The largest Cintas buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $137M added.
- The largest Cintas seller in Q2 2018 was First Eagle Investment Management, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2018.