Cintas
CTAS
1,041 hedge funds and large institutions have $30.9B invested in Cintas in 2023 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 393 increasing their positions, 377 reducing their positions, and 72 closing their positions.
10% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 72
4% more repeat investments, than reductions
Existing positions increased: 393 | Existing positions reduced: 377
0% less funds holding
Funds holding: 1,043 → 1,041 (-2)
4% less capital invested
Capital invested by funds: $32.2B → $30.9B (-$1.34B)
4.65% less ownership
Funds ownership: 255.24% → 250.59% (-4.7%)
14% less call options, than puts
Call options by funds: $147M | Put options by funds: $171M
19% less funds holding in top 10
Funds holding in top 10: 26 → 21 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$114M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$75.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$75.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$70.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$302M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$192M |
| 3 |
Goldman Sachs
New York
|
-$89.1M |
| 4 |
Select Equity Group
New York
|
-$52.2M |
| 5 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
-$45.3M |
CTAS Hedge Fund Activity: Q3 2023 in Review
1,041 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Cintas (CTAS) for Q3 2023, worth a combined $30.9B — down 4.1% from $32.2B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new CTAS positions and 72 closed out — a net gain of 7 holders — while 393 added to existing stakes and 377 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $114M. The largest seller was BlackRock, cutting an estimated $302M.
- 1,041 institutional investors held Cintas (CTAS) as of Q3 2023, down from 1,043 in Q2 2023.
- Funds reported $30.9B of Cintas stock for Q3 2023, down 4.1% quarter-over-quarter.
- 79 funds opened new Cintas positions in Q3 2023 and 72 closed out, a net change of +7 holders.
- The largest Cintas buyer in Q3 2023 was Geode Capital Management, an estimated $114M added.
- The largest Cintas seller in Q3 2023 was BlackRock, an estimated $302M sold.
Based on aggregated 13F filings for Q3 2023.