Cintas
CTAS
645 hedge funds and large institutions have $11.8B invested in Cintas in 2018 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 220 increasing their positions, 234 reducing their positions, and 95 closing their positions.
49% more call options, than puts
Call options by funds: $31.8M | Put options by funds: $21.4M
1.72% more ownership
Funds ownership: 65.11% → 66.82% (+1.7%)
6% less repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 234
6% less first-time investments, than exits
New positions opened: 89 | Existing positions closed: 95
9% less capital inflows, than outflows
Capital inflows: $1.17B | Capital outflows: $1.28B
2% less funds holding
Funds holding: 657 → 645 (-12)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$104M |
| 2 |
Fred Alger Management
New York
|
+$88.9M |
| 3 |
Natixis
Paris,
France
|
+$80.6M |
| 4 |
Select Equity Group
New York
|
+$66.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Egerton Capital (UK)
London,
United Kingdom
|
-$128M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$113M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$102M |
| 4 |
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$100M |
| 5 |
Marshall Wace North America
New York
|
-$89M |
CTAS Hedge Fund Activity: Q4 2018 in Review
645 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q4 2018, worth a combined $11.8B — down 16% from $14B a quarter earlier.
Sellers outnumbered buyers: 95 funds closed out of CTAS and 89 opened new positions — a net loss of 6 holders — while 234 trimmed existing stakes and 220 added.
The largest buyer was American Century Companies, adding an estimated $104M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $128M sold.
- 645 institutional investors held Cintas (CTAS) as of Q4 2018, down from 657 in Q3 2018.
- Funds reported $11.8B of Cintas stock for Q4 2018, down 16% quarter-over-quarter.
- 89 funds opened new Cintas positions in Q4 2018 and 95 closed out, a net change of -6 holders.
- The largest Cintas buyer in Q4 2018 was American Century Companies, an estimated $104M added.
- The largest Cintas seller in Q4 2018 was Egerton Capital (UK), an estimated $128M sold.
Based on aggregated 13F filings for Q4 2018.