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 ($187.9m this quarter). Holder counts are more reliable. Shares outstanding: 100.8m as of 2024-06-30, 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 ≈ $700.21. Options: 25 managers hold calls ($152.2m notional), 25 hold puts ($184.0m).
Trends to Q2 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 |
| Q2 2024 | 1,271 |
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 |
| Q2 2024 | 595 | 516 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $147.5m | $170.3m | 1.15 |
| Q4 2023 | $187.8m | $202.3m | 1.08 |
| Q1 2024 | $236.0m | $284.4m | 1.21 |
| Q2 2024 | $152.2m | $184.0m | 1.21 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +393.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +279.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +202.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +188.4k |
| VANGUARD GROUP INC | Added | +127.0k |
| JANE STREET GROUP, LLC | Added | +125.4k |
| NATIXIS | Added | +114.5k |
| RENAISSANCE TECHNOLOGIES LLC | New | +102.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +99.9k |
| HRT FINANCIAL LP | Added | +84.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.8m |
| JPMORGAN CHASE & CO | Reduced | -463.6k |
| BlackRock Inc. | Reduced | -456.4k |
| Capital World Investors | Sold out | -421.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -383.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -239.1k |
| FMR LLC | Reduced | -223.4k |
| BARCLAYS PLC | Reduced | -207.9k |
| NORGES BANK | Reduced | -175.3k |
| FRANKLIN RESOURCES INC | Reduced | -124.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $54.7m78.1k shares |
| CITADEL ADVISORS LLC | Reduced | $26.7m38.2k shares |
| JANE STREET GROUP, LLC | Reduced | $19.8m28.3k shares |
| WOLVERINE TRADING, LLC | Added | $11.1m15.8k shares |
| HSBC HOLDINGS PLC | New | $7.5m10.5k shares |
| GARDA CAPITAL PARTNERS LP | Unchanged | $4.8m6.9k shares |
| Portman Square Capital LLP | New | $4.3m6.1k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $4.2m6.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $3.5m50 shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $2.9m4.1k shares |
Biggest puts
| Qube Research & Technologies Ltd | Added | $71.6m102.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $35.2m50.2k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $10.5m150 shares |
| PEAK6 Investments LLC | Added | $10.2m14.5k shares |
| Walleye Capital LLC | Added | $9.9m14.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $6.8m9.7k shares |
| Portman Square Capital LLP | New | $6.7m9.5k shares |
| Walleye Trading LLC | Added | $6.3m9.0k shares |
| CITADEL ADVISORS LLC | Reduced | $4.2m6.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $3.3m4.7k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 2 | $2.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-07 | TYSOE RONALD W Director | Sold | $1.6m2.3k shares |
| 2024-05-07 | Rozakis Jim Executive Vice President & COO | Sold | $914.3k1.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 10.4m $7.3bn | Added +127.0k |
| BlackRock Inc. 0.11% of their portfolio | 6.7m $4.7bn | Reduced -456.4k |
| STATE STREET CORP 0.11% of their portfolio | 3.6m $2.6bn | Reduced -35.7k |
| FMR LLC 0.10% of their portfolio | 2.2m $1.5bn | Reduced -223.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.12% of their portfolio | 2.0m $1.4bn | Reduced -239.1k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 1.9m $1.3bn | Reduced -463.6k |
| NORGES BANK 0.12% of their portfolio | 1.2m $836.3m | Reduced -175.3k |
| Invesco Ltd. 0.16% of their portfolio | 1.1m $759.7m | Added +25.8k |
| MORGAN STANLEY 0.06% of their portfolio | 1.1m $756.3m | Reduced -1.8m |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 4.85% of their portfolio | 1.1m $744.0m | Added +95 |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 969.9k $679.2m | Reduced -66.0k |
| NORTHERN TRUST CORP 0.11% of their portfolio | 922.0k $645.6m | Reduced -7.1k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 904.7k $633.6m | Added +393.2k |
| FRANKLIN RESOURCES INC 0.19% of their portfolio | 899.1k $629.6m | Reduced -124.9k |
| Impax Asset Management Group plc 2.22% of their portfolio | 780.9k $546.0m | Reduced -109.8k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 721.4k $505.1m | Reduced -85.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 718.9k $503.4m | Reduced -383.9k |
| Legal & General Group Plc 0.13% of their portfolio | 635.1k $444.7m | Reduced -19.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.52% of their portfolio | 629.0k $447.4m | Reduced -9.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 618.0k $432.8m | Added +188.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 529.1k $370.5m | Added +5.8k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 493.8k $345.8m | Added +39.4k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.53% of their portfolio | 484.3k $339.2m | Reduced -3.1k |
| BROWN ADVISORY INC 0.44% of their portfolio | 483.6k $338.6m | Reduced -86.2k |
| Alecta Tjanstepension Omsesidigt 1.59% of their portfolio | 407.5k $284.5m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 401.5k $281.2m | Reduced -7.4k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 388.3k $271.9m | Added +23.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.84% of their portfolio | 387.5k $271.3m | Added +67.4k |
| Pictet Asset Management Holding SA 0.30% of their portfolio | 371.3k $260.1m | Reduced -40.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.92% of their portfolio | 366.0k $256.3m | Added +202.0k |
| ProShare Advisors LLC 0.68% of their portfolio | 364.2k $255.1m | Reduced -29.8k |
| STIFEL FINANCIAL CORP 0.28% of their portfolio | 354.7k $248.4m | Reduced -2.1k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 344.4k $241.2m | Added +25.9k |
| MILLENNIUM MANAGEMENT LLC 0.20% of their portfolio | 342.8k $240.0m | Added +279.5k |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 338.4k $237.0m | Reduced -15.5k |
| PNC Financial Services Group, Inc. 0.15% of their portfolio | 321.8k $225.4m | Reduced -5.5k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 314.5k $220.9m | Added +60.0k |
| UBS Group AG 0.07% of their portfolio | 311.5k $218.2m | Reduced -15.4k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 295.8k $207.1m | Added +4.8k |
| Clearbridge Investments, LLC 0.16% of their portfolio | 283.6k $198.6m | Reduced -10.8k |
| Amundi 0.08% of their portfolio | 280.8k $197.3m | Added +52.1k |
| Swiss National Bank 0.13% of their portfolio | 270.4k $189.4m | Reduced -2.8k |
| CIBC Private Wealth Group LLC 0.36% of their portfolio | 266.4k $189.4m | Reduced -23.0k |
| BLAIR WILLIAM & CO/IL 0.56% of their portfolio | 260.5k $182.4m | Reduced -9.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 249.9k $175.0m | Reduced -8.1k |
| BARCLAYS PLC 0.08% of their portfolio | 247.6k $173.4m | Reduced -207.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.18% of their portfolio | 231.2k $161.9m | Added +73.3k |
| DEUTSCHE BANK AG\ 0.07% of their portfolio | 228.4k $159.9m | Reduced -18.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.12% of their portfolio | 227.0k $158.9m | Reduced -8.4k |
| JANE STREET GROUP, LLC 0.17% of their portfolio | 217.5k $152.3m | Added +125.4k |
| Bahl & Gaynor LLC 0.83% of their portfolio | 213.0k $149.1m | Added +3.5k |
| CONGRESS ASSET MANAGEMENT CO 1.00% of their portfolio | 198.3k $138.9m | Added +2.8k |
| CHILTON INVESTMENT CO INC. 3.89% of their portfolio | 197.1k $138.0m | Reduced -7.5k |
| AXIOM INVESTORS LLC /DE 1.13% of their portfolio | 185.5k $129.9m | Added +5.3k |
| TimesSquare Capital Management, LLC 2.03% of their portfolio | 184.2k $129.0m | Reduced -16.5k |
| TD Asset Management Inc 0.12% of their portfolio | 180.9k $126.7m | Added +12.5k |
| RHUMBLINE ADVISERS 0.12% of their portfolio | 180.0k $126.0m | Reduced -5.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 177.7k $124.5m | Reduced -9.9k |
| Rathbones Group PLC 0.66% of their portfolio | 171.9k $120.4m | Added +41 |
| EULAV Asset Management 3.15% of their portfolio | 166.2k $116.4m | Reduced -6.1k |
| CITIGROUP INC 0.11% of their portfolio | 165.4k $115.8m | Added +35.5k |
| National Pension Service 0.13% of their portfolio | 159.1k $111.4m | Reduced -139 |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.10% of their portfolio | 153.5k $107.5m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 152.8k $107.0m | Added +575 |
| California Public Employees Retirement System 0.08% of their portfolio | 152.3k $106.6m | Reduced -5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 149.4k $104.6m | Added +2.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.13% of their portfolio | 148.7k $104.1m | Added +11.2k |
| FIFTH THIRD BANCORP 0.40% of their portfolio | 148.6k $104.0m | Added +5.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.11% of their portfolio | 143.0k $100.1m | Added +34.0k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 140.3k $100.4m | Reduced -9.3k |
| CANADA LIFE ASSURANCE Co 0.18% of their portfolio | 138.9k $97.0m | Added +30.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.13% of their portfolio | 137.4k $96.2m | Added +51.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.40% of their portfolio | 135.9k $95.2m | Reduced -13.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.25% of their portfolio | 135.8k $95.1m | Added +80.5k |
| Bristol Gate Capital Partners Inc. 4.50% of their portfolio | 129.7k $90.8m | Reduced -48.6k |
| NOMURA ASSET MANAGEMENT CO LTD 0.31% of their portfolio | 129.5k $90.7m | Added +4.0k |
| Bank Pictet & Cie (Europe) AG 2.18% of their portfolio | 127.7k $89.4m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 125.4k $87.8m | Reduced -7.5k |
| RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio | 119.4k $83.6m | Added +6.6k |
| NATIXIS 0.51% of their portfolio | 115.0k $80.5m | Added +114.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 114.4k $80.1m | Reduced -10.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.28% of their portfolio | 105.7k $74.0m | Added +61.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 105.0k $73.6m | Added +99.9k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 103.4k $72.4m | Added +5.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio | 102.6k $71.8m | New |
| HRT FINANCIAL LP 0.41% of their portfolio | 102.5k $71.8m | Added +84.6k |
| Erste Asset Management GmbH 0.94% of their portfolio | 100.8k $71.0m | Reduced -11.6k |
| STRS OHIO 0.28% of their portfolio | 99.6k $69.7m | Reduced -5.4k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 99.1k $69.4m | Reduced -2.2k |
| NATIXIS ADVISORS, LLC 0.15% of their portfolio | 98.5k $69.0m | Reduced -20.9k |
| Williams Jones Wealth Management, LLC. 0.85% of their portfolio | 97.3k $68.1m | Reduced -57 |
| NICHOLAS COMPANY, INC. 1.10% of their portfolio | 94.3k $66.0m | Reduced -8.9k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 93.2k $65.3m | Reduced -62.0k |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 92.7k $64.9m | Added +3.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.12% of their portfolio | 90.6k $63.4m | Reduced -11.9k |
| Korea Investment CORP 0.16% of their portfolio | 88.0k $61.6m | Added +33.3k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 87.2k $61.1m | Reduced -8.9k |
| Texas Yale Capital Corp. 2.88% of their portfolio | 86.3k $60.4m | Added +30 |
| Candriam S.C.A. 0.36% of their portfolio | 85.8k $60.1m | Added +29.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.17% of their portfolio | 82.3k $57.6m | Added +9.3k |