Cintas
CTAS
390 hedge funds and large institutions have $5.29B invested in Cintas in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 122 increasing their positions, 152 reducing their positions, and 16 closing their positions.
163% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 16
95% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $22.4M
6% more funds holding
Funds holding: 367 → 390 (+23)
2% less capital invested
Capital invested by funds: $5.4B → $5.29B (-$110M)
20% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 152
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$44.5M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$34.8M |
| 3 |
WCM
Winton Capital Management
London,
United Kingdom
|
+$23.7M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$17.6M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$124M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$111M |
| 3 |
Bank of New York Mellon
New York
|
-$45.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$31.8M |
| 5 |
Renaissance Technologies
New York
|
-$15.9M |
CTAS Hedge Fund Activity: Q1 2014 in Review
390 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q1 2014, worth a combined $5.29B — down 2% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CTAS positions and 16 closed out — a net gain of 26 holders — while 122 added to existing stakes and 152 trimmed.
The largest buyer was Axa, adding an estimated $44.5M. The largest seller was First Eagle Investment Management, cutting an estimated $124M.
- 390 institutional investors held Cintas (CTAS) as of Q1 2014, up from 367 in Q4 2013.
- Funds reported $5.29B of Cintas stock for Q1 2014, down 2% quarter-over-quarter.
- 42 funds opened new Cintas positions in Q1 2014 and 16 closed out, a net change of +26 holders.
- The largest Cintas buyer in Q1 2014 was Axa, an estimated $44.5M added.
- The largest Cintas seller in Q1 2014 was First Eagle Investment Management, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2014.