Cintas
CTAS
1,042 hedge funds and large institutions have $32.2B invested in Cintas in 2023 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 371 increasing their positions, 392 reducing their positions, and 48 closing their positions.
83% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 48
15% more call options, than puts
Call options by funds: $107M | Put options by funds: $92.7M
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
8% more capital invested
Capital invested by funds: $29.8B → $32.2B (+$2.39B)
3% more funds holding
Funds holding: 1,007 → 1,042 (+35)
1.14% more ownership
Funds ownership: 253.78% → 254.92% (+1.1%)
5% less repeat investments, than reductions
Existing positions increased: 371 | Existing positions reduced: 392
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$137M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$110M |
| 3 |
JP Morgan Chase
New York
|
+$99.2M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$67.2M |
| 5 |
Morgan Stanley
New York
|
+$59.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$124M |
| 2 |
Select Equity Group
New York
|
-$101M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$82.8M |
| 4 |
JCM
Junto Capital Management
New York
|
-$64.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$63.5M |
CTAS Hedge Fund Activity: Q2 2023 in Review
1,042 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q2 2023, worth a combined $32.2B — up 8% from $29.8B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new CTAS positions and 48 closed out — a net gain of 40 holders — while 371 added to existing stakes and 392 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $137M. The largest seller was Brown Advisory, cutting an estimated $124M.
- 1,042 institutional investors held Cintas (CTAS) as of Q2 2023, up from 1,007 in Q1 2023.
- Funds reported $32.2B of Cintas stock for Q2 2023, up 8% quarter-over-quarter.
- 88 funds opened new Cintas positions in Q2 2023 and 48 closed out, a net change of +40 holders.
- The largest Cintas buyer in Q2 2023 was Goldman Sachs, an estimated $137M added.
- The largest Cintas seller in Q2 2023 was Brown Advisory, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2023.