Cintas
CTAS
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.
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: 677 → 725 (+48)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+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
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$107M |
| 2 |
Renaissance Technologies
New York
|
+$91.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.4M |
| 4 |
Two Sigma Investments
New York
|
+$62.6M |
| 5 |
Millennium Management
New York
|
+$52.6M |
Top Sellers
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.