Cintas
CTAS
675 hedge funds and large institutions have $14.4B invested in Cintas in 2019 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 253 increasing their positions, 221 reducing their positions, and 46 closing their positions.
78% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 46
22% more capital invested
Capital invested by funds: $11.8B → $14.4B (+$2.61B)
14% more repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 221
5% more funds holding
Funds holding: 645 → 675 (+30)
4.61% more ownership
Funds ownership: 267.3% → 271.91% (+4.6%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
81% less call options, than puts
Call options by funds: $13.7M | Put options by funds: $73.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$97.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$48.2M |
| 4 |
Neuberger Berman Group
New York
|
+$47.1M |
| 5 |
State Street
Boston,
Massachusetts
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$59.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.9M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$42.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$42.2M |
| 5 |
BlackRock
New York
|
-$41M |
CTAS Hedge Fund Activity: Q1 2019 in Review
675 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q1 2019, worth a combined $14.4B — up 22% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new CTAS positions and 46 closed out — a net gain of 36 holders — while 253 added to existing stakes and 221 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $97.6M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $59.7M sold.
- 675 institutional investors held Cintas (CTAS) as of Q1 2019, up from 645 in Q4 2018.
- Funds reported $14.4B of Cintas stock for Q1 2019, up 22% quarter-over-quarter.
- 82 funds opened new Cintas positions in Q1 2019 and 46 closed out, a net change of +36 holders.
- The largest Cintas buyer in Q1 2019 was OppenheimerFunds, an estimated $97.6M added.
- The largest Cintas seller in Q1 2019 was Renaissance Technologies, an estimated $59.7M sold.
Based on aggregated 13F filings for Q1 2019.