Korea Investment CORP Trims Stake in Cintas Corporation

The fund sold 3,638 shares of the business services provider's stock in the third quarter.

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Korea Investment CORP decreased its stake in Cintas Corporation (NASDAQ:CTAS) by 1.0% during the 3rd quarter, according to a recent filing. The fund now owns 371,269 shares of the business services provider's stock, valued at $76,207,000.

Why it matters

Cintas is a major provider of business services and products, including uniform rental and corporate apparel programs. Changes in ownership by large institutional investors like Korea Investment CORP can provide insight into market sentiment and performance expectations for the company.

The details

Korea Investment CORP sold 3,638 shares of Cintas stock during the third quarter, reducing its total holdings to 371,269 shares. The fund's stake in Cintas was valued at $76,207,000 as of the most recent filing. Other institutional investors have also made changes to their Cintas positions, with Vanguard Group Inc. increasing its stake by 1.5% and HBK Sorce Advisory LLC adding 6,202 shares.

  • Korea Investment CORP's stake change occurred during the third quarter of the year.

The players

Korea Investment CORP

A major South Korean sovereign wealth fund that manages assets on behalf of the Government of South Korea.

Cintas Corporation

An American company that provides business services and products, including uniform rental and corporate apparel programs, to a wide range of industries.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Korea Investment CORP's Cintas stake, while relatively small, could signal some caution or shifting sentiment around the business services provider's performance and outlook among large institutional investors.