Cintas
CTAS
657 hedge funds and large institutions have $14B invested in Cintas in 2018 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 207 increasing their positions, 254 reducing their positions, and 45 closing their positions.
71% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 45
5% more capital invested
Capital invested by funds: $13.3B → $14B (+$724M)
4% more funds holding
Funds holding: 633 → 657 (+24)
8.8% less ownership
Funds ownership: 271.64% → 262.84% (-8.8%)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
19% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 254
27% less call options, than puts
Call options by funds: $66.4M | Put options by funds: $91.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$127M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$61.7M |
| 3 |
Goldman Sachs
New York
|
+$44.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$41.7M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$120M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$76.9M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$71.8M |
| 4 |
JP Morgan Chase
New York
|
-$70.2M |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$55.1M |
CTAS Hedge Fund Activity: Q3 2018 in Review
657 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q3 2018, worth a combined $14B — up 5.5% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new CTAS positions and 45 closed out — a net gain of 32 holders — while 207 added to existing stakes and 254 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $127M. The largest seller was T. Rowe Price Associates, cutting an estimated $120M.
- 657 institutional investors held Cintas (CTAS) as of Q3 2018, up from 633 in Q2 2018.
- Funds reported $14B of Cintas stock for Q3 2018, up 5.5% quarter-over-quarter.
- 77 funds opened new Cintas positions in Q3 2018 and 45 closed out, a net change of +32 holders.
- The largest Cintas buyer in Q3 2018 was Arrowstreet Capital, an estimated $127M added.
- The largest Cintas seller in Q3 2018 was T. Rowe Price Associates, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2018.