Cintas
CTAS
703 hedge funds and large institutions have $11.6B invested in Cintas in 2020 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 251 increasing their positions, 295 reducing their positions, and 141 closing their positions.
4.31% less ownership
Funds ownership: 262.77% → 258.45% (-4.3%)
11% less funds holding
Funds holding: 790 → 703 (-87)
15% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 295
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
36% less capital invested
Capital invested by funds: $18.3B → $11.6B (-$6.69B)
48% less call options, than puts
Call options by funds: $23.4M | Put options by funds: $45.2M
54% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 141
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$555M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$75.4M |
| 3 |
Korea Investment Corp
Seoul,
South Korea
|
+$53.3M |
| 4 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$50.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$50.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$252M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$95M |
| 3 |
FAM
Fred Alger Management
New York
|
-$78.3M |
| 4 |
Goldman Sachs
New York
|
-$78.3M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$60.1M |
CTAS Hedge Fund Activity: Q1 2020 in Review
703 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q1 2020, worth a combined $11.6B — down 36% from $18.3B a quarter earlier.
Sellers outnumbered buyers: 141 funds closed out of CTAS and 65 opened new positions — a net loss of 76 holders — while 295 trimmed existing stakes and 251 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $555M. The largest seller was Wellington Management Group, cutting an estimated $252M.
- 703 institutional investors held Cintas (CTAS) as of Q1 2020, down from 790 in Q4 2019.
- Funds reported $11.6B of Cintas stock for Q1 2020, down 36% quarter-over-quarter.
- 65 funds opened new Cintas positions in Q1 2020 and 141 closed out, a net change of -76 holders.
- The largest Cintas buyer in Q1 2020 was T. Rowe Price Associates, an estimated $555M added.
- The largest Cintas seller in Q1 2020 was Wellington Management Group, an estimated $252M sold.
Based on aggregated 13F filings for Q1 2020.