CINTAS CORP CTAS
COM · Common Stock · CUSIP 172908105 · ISIN US1729081059
American business services providing uniforms, safety, hygiene and more
- SectorConsumer discretionary
- IndustryMen's & Boys' Furnishgs, Work Clothg, & Allied Garments
- HeadquartersCincinnati, OH
- Founded1968
- Websitecintas.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($61.2m this quarter). Holder counts are more reliable. Shares outstanding: 101.7m as of 2023-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $496.75. Options: 19 managers hold calls ($106.9m notional), 20 hold puts ($92.4m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 921 |
| Q4 2022 | 1,002 |
| Q1 2023 | 1,011 |
| Q2 2023 | 1,046 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 436 | 409 |
| Q1 2023 | 424 | 457 |
| Q2 2023 | 447 | 443 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $175.4m | $209.9m | 1.20 |
| Q4 2022 | $151.1m | $77.3m | 0.51 |
| Q1 2023 | $129.1m | $99.6m | 0.77 |
| Q2 2023 | $106.9m | $92.4m | 0.86 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +292.7k |
| NORGES BANK | Added | +233.7k |
| JPMORGAN CHASE & CO | Added | +211.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO | Added | +143.2k |
| MORGAN STANLEY | Added | +127.1k |
| Amundi | Added | +104.4k |
| Qube Research & Technologies Ltd | Added | +104.4k |
| BARCLAYS PLC | Added | +81.0k |
| TORONTO DOMINION BANK | Added | +78.3k |
| INTECH INVESTMENT MANAGEMENT LLC | Added | +76.6k |
Biggest sellers
| FMR LLC | Reduced | -2.0m |
| STRS OHIO | Reduced | -306.0k |
| BROWN ADVISORY INC | Reduced | -265.0k |
| Select Equity Group, L.P. | Reduced | -215.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -176.4k |
| Junto Capital Management LP | Reduced | -138.0k |
| AMERIPRISE FINANCIAL INC | Reduced | -135.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -102.8k |
| BANK OF NOVA SCOTIA | Reduced | -98.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -95.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $34.0m68.3k shares |
| CITADEL ADVISORS LLC | Reduced | $20.5m41.2k shares |
| GROUP ONE TRADING LLC | Added | $15.0m30.1k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.8m11.7k shares |
| JPMORGAN CHASE & CO | Unchanged | $4.9m9.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.5m9.1k shares |
| WOLVERINE TRADING, LLC | Added | $4.0m8.2k shares |
| Walleye Trading LLC | Reduced | $3.8m7.7k shares |
| JANE STREET GROUP, LLC | Added | $2.7m5.5k shares |
| Centiva Capital, LP | New | $1.8m3.7k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $29.3m58.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $25.9m52.2k shares |
| CITADEL ADVISORS LLC | Reduced | $12.0m24.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.3m10.7k shares |
| Walleye Trading LLC | Added | $4.5m9.1k shares |
| GARDA CAPITAL PARTNERS LP | New | $3.5m7.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $3.4m6.9k shares |
| JANE STREET GROUP, LLC | Reduced | $1.6m3.3k shares |
| TWO SIGMA SECURITIES, LLC | New | $1.5m3.1k shares |
| CAAS CAPITAL MANAGEMENT LP | New | $1.4m2.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $17.6m | — |
| Q1 2022 | 0 | — | 1 | $3.5m | — |
| Q2 2022 | 0 | — | 1 | $5.3m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $879.0k | — |
| Q1 2023 | 0 | — | 2 | $7.3m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.12% of their portfolio | 10.2m $5.1bn | Added +17.9k |
| BlackRock Inc. 0.11% of their portfolio | 8.0m $4.0bn | Added +46.9k |
| STATE STREET CORP 0.10% of their portfolio | 3.8m $1.9bn | Added +14.7k |
| FMR LLC 0.09% of their portfolio | 2.2m $1.1bn | Reduced -2.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 1.9m $959.8m | Added +64.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 1.3m $654.3m | Reduced -102.8k |
| NORGES BANK 0.12% of their portfolio | 1.2m $616.5m | Added +233.7k |
| Impax Asset Management Group plc 2.35% of their portfolio | 1.2m $583.5m | Reduced -72.2k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 3.81% of their portfolio | 1.1m $528.0m | Unchanged |
| ROYAL BANK OF CANADA 0.14% of their portfolio | 1.0m $514.4m | Reduced -10.1k |
| FRANKLIN RESOURCES INC 0.24% of their portfolio | 1.0m $512.6m | Reduced -62.2k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 959.1k $476.7m | Reduced -135.3k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 937.1k $465.8m | Reduced -13.1k |
| Invesco Ltd. 0.11% of their portfolio | 873.8k $434.4m | Added +69.9k |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 850.6k $422.8m | Added +292.7k |
| MORGAN STANLEY 0.04% of their portfolio | 808.2k $401.8m | Added +127.1k |
| Bank of New York Mellon Corp 0.08% of their portfolio | 797.1k $396.2m | Added +14.7k |
| BROWN ADVISORY INC 0.62% of their portfolio | 797.0k $396.2m | Reduced -265.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 751.6k $373.6m | Added +211.3k |
| Legal & General Group Plc 0.11% of their portfolio | 659.8k $328.0m | Added +31.5k |
| PICTET ASSET MANAGEMENT SA 0.33% of their portfolio | 559.0k $277.8m | Added +15.7k |
| CIBC Private Wealth Group LLC 0.30% of their portfolio | 547.5k $272.2m | Added +74.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 493.0k $245.1m | Added +2.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.19% of their portfolio | 482.4k $239.8m | Reduced -2.3k |
| ProShare Advisors LLC 0.67% of their portfolio | 463.6k $230.4m | Reduced -24.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.30% of their portfolio | 438.6k $217.7m | Added +29.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 408.7k $203.1m | Added +1.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.30% of their portfolio | 384.2k $191.0m | Added +2.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 364.0k $168.4m | Unchanged |
| Select Equity Group, L.P. 0.67% of their portfolio | 357.5k $177.7m | Reduced -215.1k |
| Capital World Investors 0.03% of their portfolio | 356.1k $177.0m | Reduced -90 |
| STIFEL FINANCIAL CORP 0.24% of their portfolio | 348.7k $173.3m | Added +1.1k |
| AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio | 347.2k $172.6m | Reduced -66.5k |
| Amundi 0.08% of their portfolio | 336.1k $163.8m | Added +104.4k |
| Swiss National Bank 0.11% of their portfolio | 330.6k $164.3m | Reduced -32.1k |
| PNC Financial Services Group, Inc. 0.14% of their portfolio | 328.0k $163.0m | Reduced -2.7k |
| J.P. Morgan Private Wealth Advisors LLC 0.78% of their portfolio | 300.5k $149.4m | Reduced -61.6k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 294.0k $146.1m | Reduced -90.5k |
| BLAIR WILLIAM & CO/IL 0.52% of their portfolio | 286.3k $142.3m | Reduced -232 |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 285.4k $141.9m | Added +6.4k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 280.0k $139.2m | Added +7.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 268.7k $133.6m | Reduced -784 |
| Alecta Tjanstepension Omsesidigt 0.92% of their portfolio | 257.5k $127.9m | Unchanged |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 252.7k $125.6m | Added +38.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio | 239.7k $119.1m | Reduced -34.1k |
| TimesSquare Capital Management, LLC 1.67% of their portfolio | 234.7k $116.7m | Reduced -2.5k |
| CHILTON INVESTMENT CO INC. 3.36% of their portfolio | 231.7k $115.2m | Reduced -30.0k |
| MILLENNIUM MANAGEMENT LLC 0.12% of their portfolio | 228.2k $113.4m | Added +63.7k |
| BARCLAYS PLC 0.07% of their portfolio | 226.6k $112.6m | Added +81.0k |
| UBS Group AG 0.05% of their portfolio | 219.6k $109.2m | Added +45.8k |
| Bahl & Gaynor LLC 0.65% of their portfolio | 214.5k $106.6m | Reduced -470 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 212.3k $105.5m | Added +4.9k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 199.1k $99.0m | Added +5.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 192.7k $95.8m | Reduced -176.4k |
| Bristol Gate Capital Partners Inc. 4.97% of their portfolio | 190.2k $94.6m | Reduced -3.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 190.2k $94.6m | Added +15.6k |
| EULAV Asset Management 3.43% of their portfolio | 185.3k $92.1m | Unchanged |
| Rathbones Group PLC 0.80% of their portfolio | 171.6k $85.3m | Added +2.2k |
| California Public Employees Retirement System 0.07% of their portfolio | 169.9k $84.5m | Reduced -14.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 165.5k $82.3m | Reduced -13.7k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 165.4k $82.2m | Added +52.3k |
| CREDIT SUISSE AG/ 0.08% of their portfolio | 165.0k $82.0m | Added +53.7k |
| TD Asset Management Inc 0.09% of their portfolio | 164.7k $81.9m | Added +25.1k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.37% of their portfolio | 158.1k $78.6m | Added +143.2k |
| Qube Research & Technologies Ltd 0.30% of their portfolio | 155.3k $77.2m | Added +104.4k |
| National Pension Service 0.12% of their portfolio | 153.6k $75.3m | Reduced -29.5k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.07% of their portfolio | 153.5k $76.3m | Unchanged |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.71% of their portfolio | 150.1k $74.6m | Reduced -50.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 148.0k $73.6m | Reduced -2.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 136.0k $67.6m | Reduced -9.4k |
| STRS OHIO 0.28% of their portfolio | 135.0k $67.1m | Reduced -306.0k |
| NICHOLAS COMPANY, INC. 1.27% of their portfolio | 133.8k $66.5m | Reduced -30 |
| INTECH INVESTMENT MANAGEMENT LLC 0.68% of their portfolio | 133.2k $66.2m | Added +76.6k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 127.5k $63.4m | Reduced -10.5k |
| FIFTH THIRD BANCORP 0.28% of their portfolio | 126.9k $63.1m | Added +4.6k |
| Bank Pictet & Cie (Europe) AG 2.09% of their portfolio | 123.7k $61.5m | Unchanged |
| TORONTO DOMINION BANK 0.05% of their portfolio | 123.6k $61.4m | Added +78.3k |
| CITIGROUP INC 0.08% of their portfolio | 121.5k $60.4m | Added +9.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 118.4k $58.8m | Reduced -24.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.12% of their portfolio | 113.3k $56.3m | Added +4.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 112.9k $56.1m | Added +561 |
| Findlay Park Partners LLP 0.56% of their portfolio | 110.6k $55.0m | Reduced -72.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.26% of their portfolio | 110.3k $54.8m | Reduced -29.4k |
| AMI ASSET MANAGEMENT CORP 3.19% of their portfolio | 107.9k $53.7m | Reduced -959 |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 106.1k $52.7m | Added +390 |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 103.3k $51.6m | Added +13.0k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 102.1k $50.6m | Added +17.1k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 100.0k $49.8m | Added +13.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 98.1k $48.8m | Reduced -4.4k |
| Korea Investment CORP 0.13% of their portfolio | 93.1k $46.3m | Reduced -40.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 92.4k $45.9m | Reduced -2.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 91.7k $45.6m | Added +44.7k |
| NOMURA ASSET MANAGEMENT CO LTD 0.21% of their portfolio | 91.1k $45.3m | Added +7.0k |
| Robeco Schweiz AG 0.67% of their portfolio | 90.8k $45.1m | Reduced -1.1k |
| Williams Jones Wealth Management, LLC. 0.67% of their portfolio | 89.6k $44.6m | Added +4.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 88.5k $44.0m | Added +4.3k |
| Erste Asset Management GmbH 0.75% of their portfolio | 86.7k $42.8m | Added +3.9k |
| Texas Yale Capital Corp. 2.02% of their portfolio | 86.2k $42.9m | Reduced -3.4k |
| Squarepoint Ops LLC 0.24% of their portfolio | 85.9k $42.7m | Added +13.3k |
| Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio | 83.7k $41.6m | Reduced -3.2k |