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1,165 hedge funds and large institutions have $39.5B invested in Cintas in 2023 Q4 according to their latest regulatory filings, with 194 funds opening new positions, 406 increasing their positions, 400 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

246% more first-time investments, than exits

New positions opened: 194 | Existing positions closed: 56

45% more funds holding in top 10

Funds holding in top 10: 2029 (+9)

28% more capital invested

Capital invested by funds: $30.9B → $39.5B (+$8.6B)

12% more funds holding

Funds holding: 1,0391,165 (+126)

7.57% more ownership

Funds ownership: 250.26%257.83% (+7.6%)

2% more repeat investments, than reductions

Existing positions increased: 406 | Existing positions reduced: 400

7% less call options, than puts

Call options by funds: $188M | Put options by funds: $202M

Holders
1,165
Holders Change
+126
Holders Change %
+12.13%
% of All Funds
16.98%
Holding in Top 10
29
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+45%
% of All Funds
0.42%
New
194
Increased
406
Reduced
400
Closed
56
Calls
$188M
Puts
$202M
Net Calls
-$14.5M
Net Calls Change
+$8.38M
Name Holding Trade Value Shares
Change
Change in
Stake
Nomura Asset Management
76
Nomura Asset Management
Japan
$75.1M +$4.24M +31,644 +7%
Baird Financial Group
77
Baird Financial Group
Wisconsin
$74.9M +$55.9M +416,880 +519%
SO
78
STRS Ohio
Ohio
$71.6M -$5.2M -38,792 -8%
Mitsubishi UFJ Asset Management
79
Mitsubishi UFJ Asset Management
Japan
$69.8M +$2.41M +17,992 +4%
RJA
80
Raymond James & Associates
Florida
$69.6M +$38.6M +287,912 +165%
Citigroup
81
Citigroup
New York
$69.5M +$3.17M +23,628 +5%
Canada Life
82
Canada Life
Manitoba, Canada
$68.2M +$2.1M +15,708 +4%
EAM
83
Erste Asset Management
Austria
$67.5M +$6.22M +46,420 +12%
NC
84
Nicholas Company
Wisconsin
$65.8M -$3.58M -26,720 -6%
Mirae Asset Global Investments
85
Mirae Asset Global Investments
South Korea
$64.5M +$770K +5,748 +1%
RS
86
Robeco Schweiz
Switzerland
$63.2M +$2.26M +16,892 +4%
AAM
87
AMI Asset Management
California
$61.4M -$3.45M -25,764 -6%
Jane Street
88
Jane Street
New York
$61.1M +$41.2M +307,444 +313%
Citadel Advisors
89
Citadel Advisors
Florida
$60.6M +$48.4M +361,476 +882%
AllianceBernstein
90
AllianceBernstein
Tennessee
$60.1M -$567K -4,228 -1%
WJWM
91
Williams Jones Wealth Management
New York
$58.1M +$497K +3,712 +1%
Schroder Investment Management Group
92
Schroder Investment Management Group
United Kingdom
$57.5M -$12.5M -93,368 -20%
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$57.3M +$1.9M +14,192 +4%
Federated Hermes
94
Federated Hermes
Pennsylvania
$55.7M +$8M +59,668 +19%
New York State Common Retirement Fund
95
New York State Common Retirement Fund
New York
$55.2M -$4.08M -30,424 -8%
New York State Teachers Retirement System (NYSTRS)
96
New York State Teachers Retirement System (NYSTRS)
New York
$52.7M -$1.32M -9,836 -3%
CAM
97
Congress Asset Management
Massachusetts
$52.4M +$9.96M +74,344 +27%
TYCC
98
Texas Yale Capital Corp
Florida
$52M +$9.11K +68 +0%
Neuberger Berman Group
99
Neuberger Berman Group
New York
$51.8M -$6M -44,764 -12%
AQR Capital Management
100
AQR Capital Management
Connecticut
$51.1M -$331K -2,468 -0.7%

CTAS Hedge Fund Activity: Q4 2023 in Review

1,165 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q4 2023, worth a combined $39.5B — up 28% from $30.9B a quarter earlier.

Buyers outnumbered sellers: 194 funds opened new CTAS positions and 56 closed out — a net gain of 138 holders — while 406 added to existing stakes and 400 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $571M. The largest seller was DZ Bank, cutting an estimated $135M.

  • 1,165 institutional investors held Cintas (CTAS) as of Q4 2023, up from 1,039 in Q3 2023.
  • Funds reported $39.5B of Cintas stock for Q4 2023, up 28% quarter-over-quarter.
  • 194 funds opened new Cintas positions in Q4 2023 and 56 closed out, a net change of +138 holders.
  • The largest Cintas buyer in Q4 2023 was Morgan Stanley, an estimated $571M added.
  • The largest Cintas seller in Q4 2023 was DZ Bank, an estimated $135M sold.

Based on aggregated 13F filings for Q4 2023.