Cintas
CTAS
592 hedge funds and large institutions have $11B invested in Cintas in 2017 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 179 increasing their positions, 233 reducing their positions, and 51 closing their positions.
73% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 51
35% more call options, than puts
Call options by funds: $71.1M | Put options by funds: $52.6M
7% more capital invested
Capital invested by funds: $10.3B → $11B (+$705M)
6% more funds holding
Funds holding: 559 → 592 (+33)
1.03% more ownership
Funds ownership: 265.46% → 266.49% (+1%)
19% less funds holding in top 10
Funds holding in top 10: 21 → 17 (-4)
23% less repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 233
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$234M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$105M |
| 3 |
FAM
Fred Alger Management
New York
|
+$82.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$80.8M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$93.2M |
| 2 |
JRP
Jasper Ridge Partners
Menlo Park,
California
|
-$93M |
| 3 |
First Eagle Investment Management
New York
|
-$80.9M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$78.7M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$53.1M |
CTAS Hedge Fund Activity: Q4 2017 in Review
592 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q4 2017, worth a combined $11B — up 6.8% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new CTAS positions and 51 closed out — a net gain of 37 holders — while 179 added to existing stakes and 233 trimmed.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $234M. The largest seller was BlackRock, cutting an estimated $93.2M.
- 592 institutional investors held Cintas (CTAS) as of Q4 2017, up from 559 in Q3 2017.
- Funds reported $11B of Cintas stock for Q4 2017, up 6.8% quarter-over-quarter.
- 88 funds opened new Cintas positions in Q4 2017 and 51 closed out, a net change of +37 holders.
- The largest Cintas buyer in Q4 2017 was Egerton Capital (UK), an estimated $234M added.
- The largest Cintas seller in Q4 2017 was BlackRock, an estimated $93.2M sold.
Based on aggregated 13F filings for Q4 2017.