Cintas
CTAS
1,227 hedge funds and large institutions have $44.3B invested in Cintas in 2024 Q1 according to their latest regulatory filings, with 129 funds opening new positions, 451 increasing their positions, 452 reducing their positions, and 56 closing their positions.
130% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 56
12% more capital invested
Capital invested by funds: $39.5B → $44.3B (+$4.8B)
7% more funds holding in top 10
Funds holding in top 10: 29 → 31 (+2)
5% more funds holding
Funds holding: 1,165 → 1,227 (+62)
0% less repeat investments, than reductions
Existing positions increased: 451 | Existing positions reduced: 452
2.6% less ownership
Funds ownership: 257.83% → 255.24% (-2.6%)
17% less call options, than puts
Call options by funds: $236M | Put options by funds: $284M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$139M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$90.2M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$75.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$67.1M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$66.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$574M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$145M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$96.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$80.9M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$68.6M |
CTAS Hedge Fund Activity: Q1 2024 in Review
1,227 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q1 2024, worth a combined $44.3B — up 12% from $39.5B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new CTAS positions and 56 closed out — a net gain of 73 holders — while 451 added to existing stakes and 452 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $139M. The largest seller was Morgan Stanley, cutting an estimated $574M.
- 1,227 institutional investors held Cintas (CTAS) as of Q1 2024, up from 1,165 in Q4 2023.
- Funds reported $44.3B of Cintas stock for Q1 2024, up 12% quarter-over-quarter.
- 129 funds opened new Cintas positions in Q1 2024 and 56 closed out, a net change of +73 holders.
- The largest Cintas buyer in Q1 2024 was JP Morgan Chase, an estimated $139M added.
- The largest Cintas seller in Q1 2024 was Morgan Stanley, an estimated $574M sold.
Based on aggregated 13F filings for Q1 2024.