Cintas
CTAS
448 hedge funds and large institutions have $6.35B invested in Cintas in 2015 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 213 reducing their positions, and 42 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
5% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 42
3% less capital invested
Capital invested by funds: $6.53B → $6.35B (-$183M)
7% less call options, than puts
Call options by funds: $6.5M | Put options by funds: $6.95M
2% less funds holding
Funds holding: 455 → 448 (-7)
50% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 213
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$41.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.5M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$22.6M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$15.5M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$50.5M |
| 2 |
Goldman Sachs
New York
|
-$35.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$35.3M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$29.9M |
| 5 |
Alkeon Capital Management
New York
|
-$22M |
CTAS Hedge Fund Activity: Q2 2015 in Review
448 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q2 2015, worth a combined $6.35B — down 2.8% from $6.53B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CTAS positions and 42 closed out — a net gain of 2 holders — while 106 added to existing stakes and 213 trimmed.
The largest buyer was Euclid Advisors, opening a new position worth an estimated $41.6M. The largest seller was Bank of Montreal, cutting an estimated $50.5M.
- 448 institutional investors held Cintas (CTAS) as of Q2 2015, down from 455 in Q1 2015.
- Funds reported $6.35B of Cintas stock for Q2 2015, down 2.8% quarter-over-quarter.
- 44 funds opened new Cintas positions in Q2 2015 and 42 closed out, a net change of +2 holders.
- The largest Cintas buyer in Q2 2015 was Euclid Advisors, an estimated $41.6M added.
- The largest Cintas seller in Q2 2015 was Bank of Montreal, an estimated $50.5M sold.
Based on aggregated 13F filings for Q2 2015.