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 ($132.9m this quarter). Holder counts are more reliable. Shares outstanding: 101.5m as of 2024-03-31, 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 ≈ $684.60. Options: 26 managers hold calls ($236.0m notional), 29 hold puts ($284.4m).
Trends to Q1 2024
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 |
| Q3 2023 | 1,044 |
| Q4 2023 | 1,170 |
| Q1 2024 | 1,229 |
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 |
| Q3 2023 | 461 | 452 |
| Q4 2023 | 541 | 459 |
| Q1 2024 | 563 | 512 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $106.9m | $92.4m | 0.86 |
| Q3 2023 | $147.5m | $170.3m | 1.15 |
| Q4 2023 | $187.8m | $202.3m | 1.08 |
| Q1 2024 | $236.0m | $284.4m | 1.21 |
Biggest buyers
| MORGAN STANLEY | Added | +981.8k |
| JPMORGAN CHASE & CO | Added | +450.9k |
| Qube Research & Technologies Ltd | Added | +146.4k |
| Global Assets Advisory, LLC | New | +123.2k |
| FMR LLC | Added | +108.9k |
| CONGRESS ASSET MANAGEMENT CO | Added | +108.6k |
| UBS Group AG | Added | +86.7k |
| FRANKLIN RESOURCES INC | Added | +85.4k |
| NATIXIS ADVISORS, LLC | Added | +83.8k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +75.5k |
Biggest sellers
| Impax Asset Management Group plc | Reduced | -235.4k |
| BROWN ADVISORY INC | Reduced | -156.7k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -131.3k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -111.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Reduced | -91.0k |
| Select Equity Group, L.P. | Reduced | -90.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -88.8k |
| STATE STREET CORP | Reduced | -86.5k |
| AXA S.A. | Reduced | -78.9k |
| NORGES BANK | Reduced | -78.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $78.3m114.0k shares |
| CITADEL ADVISORS LLC | Reduced | $43.1m62.7k shares |
| JANE STREET GROUP, LLC | Reduced | $25.6m37.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $20.5m29.8k shares |
| IMC-Chicago, LLC | New | $10.1m14.7k shares |
| SIMPLEX TRADING, LLC | Added | $9.3m13.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.9m13.0k shares |
| READYSTATE ASSET MANAGEMENT LP | New | $5.7m8.3k shares |
| GARDA CAPITAL PARTNERS LP | Added | $4.7m6.9k shares |
| Paloma Partners Management Co | Added | $4.2m6.1k shares |
Biggest puts
| Qube Research & Technologies Ltd | Added | $68.7m100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $56.6m82.4k shares |
| Candlestick Capital Management LP | New | $34.4m50.0k shares |
| Jefferies Financial Group Inc. | New | $15.3m22.3k shares |
| CITADEL ADVISORS LLC | Added | $15.0m21.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $9.6m14.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $8.0m11.7k shares |
| IMC-Chicago, LLC | Reduced | $8.0m11.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.0m10.2k shares |
| Walleye Capital LLC | Added | $6.9m10.0k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 3 | $4.9m | — |
| Q4 2023 | 0 | — | 2 | $6.8m | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 10.3m $7.1bn | Reduced -23.9k |
| BlackRock Inc. 0.12% of their portfolio | 7.2m $4.9bn | Reduced -3.3k |
| STATE STREET CORP 0.11% of their portfolio | 3.7m $2.5bn | Reduced -86.5k |
| MORGAN STANLEY 0.05% of their portfolio | 2.9m $2.0bn | Added +981.8k |
| FMR LLC 0.11% of their portfolio | 2.4m $1.7bn | Added +108.9k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 2.3m $1.6bn | Added +450.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 2.3m $1.5bn | Added +44.6k |
| NORGES BANK 0.15% of their portfolio | 1.4m $940.9m | Reduced -78.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 1.1m $757.6m | Reduced -88.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 4.70% of their portfolio | 1.1m $729.9m | Added +160 |
| Invesco Ltd. 0.16% of their portfolio | 1.1m $727.6m | Added +10.0k |
| ROYAL BANK OF CANADA 0.17% of their portfolio | 1.0m $711.7m | Reduced -12.3k |
| FRANKLIN RESOURCES INC 0.22% of their portfolio | 1.0m $703.5m | Added +85.4k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 929.1k $638.3m | Reduced -38.1k |
| Impax Asset Management Group plc 2.34% of their portfolio | 890.7k $611.1m | Reduced -235.4k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 806.4k $554.0m | Added +27.5k |
| Legal & General Group Plc 0.13% of their portfolio | 654.7k $449.8m | Reduced -10.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.52% of their portfolio | 638.0k $438.4m | Added +37.7k |
| BROWN ADVISORY INC 0.52% of their portfolio | 569.8k $391.5m | Reduced -156.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 523.3k $359.5m | Added +11.4k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 511.5k $351.4m | Reduced -4.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.51% of their portfolio | 487.4k $334.9m | Added +13.1k |
| BARCLAYS PLC 0.14% of their portfolio | 455.5k $312.9m | Reduced -63.5k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 454.3k $312.2m | Reduced -54.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 429.6k $295.1m | Reduced -64.1k |
| Capital World Investors 0.05% of their portfolio | 421.6k $289.6m | Added +517 |
| Pictet Asset Management Holding SA 0.31% of their portfolio | 411.8k $282.9m | Reduced -60.3k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 408.9k $280.9m | Reduced -11.2k |
| Alecta Tjanstepension Omsesidigt 1.60% of their portfolio | 407.5k $279.6m | Unchanged |
| ProShare Advisors LLC 0.72% of their portfolio | 394.0k $270.7m | Reduced -7.5k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 365.2k $250.9m | Added +16.7k |
| STIFEL FINANCIAL CORP 0.28% of their portfolio | 356.9k $245.2m | Added +9.7k |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 353.9k $243.1m | Reduced -131.3k |
| PNC Financial Services Group, Inc. 0.16% of their portfolio | 327.3k $224.9m | Reduced -6.1k |
| UBS Group AG 0.07% of their portfolio | 326.9k $224.6m | Added +86.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.77% of their portfolio | 320.1k $219.9m | Added +75.5k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 318.6k $218.9m | Added +24.3k |
| Clearbridge Investments, LLC 0.16% of their portfolio | 294.3k $202.2m | Reduced -5.0k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 291.0k $199.9m | Added +4.2k |
| CIBC Private Wealth Group LLC 0.39% of their portfolio | 289.4k $196.9m | Reduced -81 |
| Swiss National Bank 0.13% of their portfolio | 273.2k $187.7m | Reduced -13.5k |
| BLAIR WILLIAM & CO/IL 0.58% of their portfolio | 269.8k $185.3m | Reduced -7.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 257.9k $177.2m | Reduced -1.3k |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 254.4k $174.7m | Added +60.1k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 246.7k $169.5m | Added +27.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 235.3k $161.7m | Added +210 |
| Amundi 0.07% of their portfolio | 228.7k $151.5m | Added +22.9k |
| Bahl & Gaynor LLC 0.80% of their portfolio | 209.4k $143.9m | Added +270 |
| CHILTON INVESTMENT CO INC. 3.85% of their portfolio | 204.7k $140.6m | Reduced -4.8k |
| TimesSquare Capital Management, LLC 2.01% of their portfolio | 200.8k $137.9m | Reduced -12.6k |
| CONGRESS ASSET MANAGEMENT CO 0.96% of their portfolio | 195.5k $134.3m | Added +108.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 187.6k $128.9m | Added +4.7k |
| RHUMBLINE ADVISERS 0.12% of their portfolio | 185.6k $127.5m | Added +4.4k |
| AXIOM INVESTORS LLC /DE 1.08% of their portfolio | 180.2k $123.8m | Added +52.3k |
| Bristol Gate Capital Partners Inc. 5.75% of their portfolio | 178.2k $122.4m | Reduced -743 |
| EULAV Asset Management 3.25% of their portfolio | 172.3k $118.4m | Reduced -9.0k |
| Rathbones Group PLC 0.68% of their portfolio | 171.8k $118.1m | Added +178 |
| TD Asset Management Inc 0.11% of their portfolio | 168.4k $115.7m | Added +10.0k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 167.4k $115.0m | Reduced -6.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.39% of their portfolio | 164.1k $112.7m | Added +18.1k |
| National Pension Service 0.13% of their portfolio | 159.2k $109.4m | Reduced -1.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 157.9k $108.5m | Reduced -15.8k |
| California Public Employees Retirement System 0.08% of their portfolio | 157.3k $108.1m | Reduced -4.3k |
| Qube Research & Technologies Ltd 0.19% of their portfolio | 155.2k $106.7m | Added +146.4k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.09% of their portfolio | 153.5k $105.5m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 152.2k $104.6m | Reduced -11.5k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.44% of their portfolio | 149.8k $102.9m | Reduced -2.7k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 149.7k $102.6m | Reduced -11.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 146.6k $100.7m | Added +1.4k |
| FIFTH THIRD BANCORP 0.38% of their portfolio | 143.2k $98.4m | Added +14.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.13% of their portfolio | 137.6k $94.5m | Added +17.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 132.9k $91.3m | Reduced -1.2k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 132.3k $90.9m | Added +31.7k |
| CITIGROUP INC 0.10% of their portfolio | 129.8k $89.2m | Added +14.5k |
| Bank Pictet & Cie (Europe) AG 2.29% of their portfolio | 127.7k $87.7m | Reduced -1.4k |
| NOMURA ASSET MANAGEMENT CO LTD 0.31% of their portfolio | 125.4k $86.2m | Added +853 |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 125.3k $86.1m | Reduced -26.7k |
| Global Assets Advisory, LLC 0.01% of their portfolio | 123.2k $181 | New |
| NATIXIS ADVISORS, LLC 0.19% of their portfolio | 119.4k $82.0m | Added +83.8k |
| Select Equity Group, L.P. 0.29% of their portfolio | 115.0k $79.0m | Reduced -90.4k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 112.8k $77.5m | Reduced -2.7k |
| Erste Asset Management GmbH 1.03% of their portfolio | 112.3k $76.0m | Added +275 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio | 109.0k $74.9m | Added +13.6k |
| CANADA LIFE ASSURANCE Co 0.15% of their portfolio | 108.9k $74.8m | Reduced -4.8k |
| STRS OHIO 0.29% of their portfolio | 105.0k $72.1m | Reduced -13.8k |
| NICHOLAS COMPANY, INC. 1.17% of their portfolio | 103.2k $70.9m | Reduced -6.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 102.4k $47.4m | Added +7.4k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 101.3k $69.3m | Added +16.4k |
| Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio | 100.7k $52.7m | Reduced -6.4k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 97.9k $67.2m | Reduced -1.8k |
| Robeco Schweiz AG 1.17% of their portfolio | 97.7k $67.1m | Reduced -7.1k |
| Williams Jones Wealth Management, LLC. 0.85% of their portfolio | 97.3k $66.9m | Added +994 |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 96.1k $66.0m | Added +14.2k |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 92.1k $63.3m | Reduced -9.3k |
| FEDERATED HERMES, INC. 0.14% of their portfolio | 89.2k $61.3m | Reduced -3.2k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 86.8k $59.7m | Added +968 |
| Texas Yale Capital Corp. 2.63% of their portfolio | 86.3k $59.3m | Added +32 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.08% of their portfolio | 86.2k $59.2m | Reduced -5.4k |
| NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio | 85.3k $59.7m | Reduced -48.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.13% of their portfolio | 84.9k $58.1m | Added +1.2k |