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 ($298.3m this quarter). Holder counts are more reliable. Shares outstanding: 403.8m as of 2025-03-31, 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 ≈ $200.66. Options: 26 managers hold calls ($358.9m notional), 33 hold puts ($247.4m).
Trends to Q1 2025
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 |
| Q3 2024 | 1,355 |
| Q4 2024 | 1,393 |
| Q1 2025 | 1,472 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 447 | 443 |
| Q3 2023 | 461 | 452 |
| Q4 2023 | 541 | 459 |
| Q1 2024 | 563 | 512 |
| Q2 2024 | 595 | 516 |
| Q3 2024 | 621 | 599 |
| Q4 2024 | 614 | 607 |
| Q1 2025 | 721 | 605 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $152.2m | $184.0m | 1.21 |
| Q3 2024 | $294.4m | $311.2m | 1.06 |
| Q4 2024 | $259.6m | $318.6m | 1.23 |
| Q1 2025 | $358.9m | $247.4m | 0.69 |
Biggest buyers
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.6m |
| AXIOM INVESTORS LLC /DE | Added | +1.2m |
| Winslow Capital Management, LLC | Added | +850.9k |
| Caisse de depot et placement du Quebec | Added | +573.2k |
| Allianz Asset Management GmbH | Added | +492.9k |
| VANGUARD GROUP INC | Added | +491.3k |
| CITADEL ADVISORS LLC | Added | +462.8k |
| Squarepoint Ops LLC | Added | +434.1k |
| JPMORGAN CHASE & CO | Added | +433.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +409.1k |
Biggest sellers
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.1m |
| Impax Asset Management Group plc | Reduced | -906.0k |
| Invesco Ltd. | Reduced | -702.6k |
| HRT FINANCIAL LP | Reduced | -630.0k |
| UBS Group AG | Reduced | -507.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -488.2k |
| NORGES BANK | Reduced | -436.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -355.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -284.6k |
| California Public Employees Retirement System | Reduced | -280.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $99.5m484.3k shares |
| Walleye Trading LLC | Added | $57.7m280.9k shares |
| CITADEL ADVISORS LLC | Added | $41.5m201.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $29.3m142.5k shares |
| JANE STREET GROUP, LLC | Reduced | $19.1m92.8k shares |
| GROUP ONE TRADING LLC | Added | $18.3m89.1k shares |
| PEAK6 LLC | Reduced | $16.2m79.0k shares |
| WOLVERINE TRADING, LLC | Added | $15.9m78.0k shares |
| IMC-Chicago, LLC | Reduced | $12.7m62.0k shares |
| Caption Management, LLC | New | $10.3m50.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $38.9m189.3k shares |
| CITADEL ADVISORS LLC | Reduced | $28.4m138.1k shares |
| Qube Research & Technologies Ltd | Reduced | $26.5m128.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $18.4m89.4k shares |
| PEAK6 LLC | Added | $17.5m85.0k shares |
| MIRAE ASSET SECURITIES (USA) INC. | New | $12.2m59.2k shares |
| WOLVERINE TRADING, LLC | Added | $11.8m58.2k shares |
| IMC-Chicago, LLC | Reduced | $11.4m55.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $11.2m54.6k shares |
| JANE STREET GROUP, LLC | Reduced | $11.1m54.1k 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 2025
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 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 | — |
| Q3 2024 | 0 | — | 2 | $6.1m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 37.9m $7.8bn | Added +491.3k |
| BlackRock, Inc. 0.12% of their portfolio | 28.7m $5.9bn | Reduced -238.0k |
| STATE STREET CORP 0.13% of their portfolio | 15.0m $3.1bn | Added +27.0k |
| Nuveen, LLC 0.19% of their portfolio | 9.1m $610.5m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 8.9m $1.8bn | Added +409.1k |
| FMR LLC 0.11% of their portfolio | 8.6m $1.8bn | Added +140.0k |
| Invesco Ltd. 0.17% of their portfolio | 4.4m $907.6m | Reduced -702.6k |
| NORGES BANK 0.13% of their portfolio | 4.4m $897.2m | Reduced -436.0k |
| MORGAN STANLEY 0.06% of their portfolio | 4.3m $884.6m | Reduced -106.4k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 5.37% of their portfolio | 4.3m $874.0m | Reduced -3.0k |
| NORTHERN TRUST CORP 0.12% of their portfolio | 4.1m $841.7m | Added +28.5k |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 3.4m $703.3m | Reduced -233.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.15% of their portfolio | 2.9m $591.4m | Added +59.2k |
| FRANKLIN RESOURCES INC 0.16% of their portfolio | 2.7m $560.4m | Added +30.9k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 2.6m $542.5m | Reduced -48.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.57% of their portfolio | 2.6m $536.1m | Added +228.2k |
| AMERIPRISE FINANCIAL INC 0.15% of their portfolio | 2.6m $538.3m | Added +386.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 2.6m $531.8m | Added +16.8k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 2.6m $531.3m | Added +433.0k |
| Legal & General Group Plc 0.14% of their portfolio | 2.5m $510.4m | Added +43.1k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 2.4m $491.5m | Reduced -41.5k |
| AXIOM INVESTORS LLC /DE 2.09% of their portfolio | 2.1m $435.2m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.08% of their portfolio | 2.0m $406.0m | Added +32.4k |
| Winslow Capital Management, LLC 1.58% of their portfolio | 1.9m $395.4m | Added +850.9k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.76% of their portfolio | 1.9m $380.3m | Reduced -25.7k |
| Amundi 0.14% of their portfolio | 1.8m $372.1m | Reduced -32.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 1.7m $351.1m | Added +1.6m |
| Pictet Asset Management Holding SA 0.38% of their portfolio | 1.7m $345.2m | Added +142.8k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 1.7m $340.1m | Added +30.7k |
| WELLS FARGO & COMPANY/MN 0.08% of their portfolio | 1.6m $336.2m | Added +169.5k |
| ProShare Advisors LLC 0.67% of their portfolio | 1.4m $297.8m | Added +43.1k |
| UBS Group AG 0.07% of their portfolio | 1.4m $297.5m | Reduced -507.0k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.4m $295.4m | Added +309.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.83% of their portfolio | 1.4m $294.0m | Reduced -1.1m |
| Alecta Tjanstepension Omsesidigt 1.60% of their portfolio | 1.4m $285.8m | Unchanged |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 1.4m $278.8m | Added +244.3k |
| BROWN ADVISORY INC 0.38% of their portfolio | 1.3m $268.4m | Reduced -171.2k |
| STIFEL FINANCIAL CORP 0.28% of their portfolio | 1.3m $262.8m | Reduced -63.9k |
| PNC Financial Services Group, Inc. 0.13% of their portfolio | 1.2m $244.5m | Reduced -2.3k |
| CITADEL ADVISORS LLC 0.23% of their portfolio | 1.2m $236.5m | Added +462.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.18% of their portfolio | 1.1m $224.5m | Added +208.9k |
| HSBC HOLDINGS PLC 0.14% of their portfolio | 1.1m $216.6m | Reduced -15.0k |
| Clearbridge Investments, LLC 0.19% of their portfolio | 1.1m $216.4m | Reduced -6.6k |
| Squarepoint Ops LLC 0.52% of their portfolio | 1.0m $214.8m | Added +434.1k |
| National Pension Service 0.21% of their portfolio | 1.0m $214.2m | Added +97.7k |
| Swiss National Bank 0.15% of their portfolio | 1.0m $210.5m | Reduced -1.0k |
| BLAIR WILLIAM & CO/IL 0.62% of their portfolio | 998.6k $205.2m | Reduced -13.8k |
| AMERICAN CENTURY COMPANIES INC 0.12% of their portfolio | 986.3k $202.7m | Reduced -41.9k |
| Impax Asset Management Group plc 1.17% of their portfolio | 952.0k $194.9m | Reduced -906.0k |
| BARCLAYS PLC 0.09% of their portfolio | 942.1k $193.6m | Reduced -120.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.19% of their portfolio | 934.3k $192.0m | Reduced -74.1k |
| Caisse de depot et placement du Quebec 0.39% of their portfolio | 911.0k $187.2m | Added +573.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.13% of their portfolio | 909.0k $186.8m | Reduced -24.5k |
| CIBC Private Wealth Group LLC 0.36% of their portfolio | 900.1k $171.1m | Reduced -58.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.49% of their portfolio | 886.6k $182.2m | Added +233.6k |
| AustralianSuper Pty Ltd 1.00% of their portfolio | 860.4k $176.8m | Added +344.3k |
| Bahl & Gaynor LLC 0.87% of their portfolio | 827.2k $170.0m | Reduced -18.6k |
| CONGRESS ASSET MANAGEMENT CO 1.24% of their portfolio | 804.5k $165.3m | Added +600 |
| TD Asset Management Inc 0.15% of their portfolio | 804.2k $165.3m | Added +80.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 791.2k $162.6m | First filing |
| Qube Research & Technologies Ltd 0.25% of their portfolio | 786.1k $161.6m | Reduced -102.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.18% of their portfolio | 748.0k $153.7m | Added +354.9k |
| Allianz Asset Management GmbH 0.23% of their portfolio | 745.8k $153.3m | Added +492.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 738.7k $151.8m | Reduced -9.6k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 738.7k $150.9m | Added +122.9k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 728.8k $149.8m | Reduced -2.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.14% of their portfolio | 718.6k $147.7m | Added +57.2k |
| CHILTON INVESTMENT CO INC. 3.58% of their portfolio | 714.5k $146.9m | Reduced -4.3k |
| Assenagon Asset Management S.A. 0.26% of their portfolio | 703.1k $144.5m | Added +85.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 701.8k $144.2m | Reduced -12.0k |
| California Public Employees Retirement System 0.10% of their portfolio | 687.9k $141.4m | Reduced -280.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.58% of their portfolio | 638.7k $131.3m | Reduced -284.6k |
| Rathbones Group PLC 0.63% of their portfolio | 629.9k $129.5m | Reduced -31.6k |
| CITIGROUP INC 0.10% of their portfolio | 617.7k $127.0m | Added +58.2k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.12% of their portfolio | 614.0k $126.2m | Unchanged |
| FIFTH THIRD BANCORP 0.47% of their portfolio | 605.2k $124.4m | Added +5.8k |
| NOMURA ASSET MANAGEMENT CO LTD 0.36% of their portfolio | 578.8k $119.0m | Added +50.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 574.8k $118.1m | Reduced -1.2k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 559.8k $115.0m | Added +32.8k |
| EULAV Asset Management 2.80% of their portfolio | 550.7k $113.2m | Reduced -33.0k |
| Bristol Gate Capital Partners Inc. 5.17% of their portfolio | 514.7k $105.8m | Added +2.3k |
| Bank Pictet & Cie (Europe) AG 2.52% of their portfolio | 514.3k $105.7m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.18% of their portfolio | 504.5k $103.9m | Reduced -8.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 495.2k $101.8m | Reduced -56.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 486.5k $100.0m | Reduced -28.4k |
| SEI INVESTMENTS CO 0.13% of their portfolio | 484.0k $99.5m | Added +299.5k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 470.2k $96.6m | Reduced -488.2k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 449.5k $92.4m | Reduced -126.0k |
| NATIXIS ADVISORS, LLC 0.16% of their portfolio | 434.2k $89.2m | Added +21.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.12% of their portfolio | 413.2k $84.9m | Reduced -86.8k |
| TimesSquare Capital Management, LLC 1.36% of their portfolio | 410.3k $84.3m | Reduced -78.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 385.8k $79.3m | Added +13.8k |
| Williams Jones Wealth Management, LLC. 1.00% of their portfolio | 380.4k $78.2m | Reduced -2.0k |
| Erste Asset Management GmbH 0.99% of their portfolio | 377.8k $77.5m | Reduced -2.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.15% of their portfolio | 374.2k $76.9m | Added +8.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 367.1k $75.5m | Reduced -5.6k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.32% of their portfolio | 365.4k $75.1m | Reduced -604 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.30% of their portfolio | 363.6k $74.7m | Reduced -355.5k |
| NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio | 362.7k $74.5m | Reduced -92.9k |
| Texas Yale Capital Corp. 2.90% of their portfolio | 343.1k $70.5m | Added +50 |