Intuit
INTU
1,108 hedge funds and large institutions have $67.1B invested in Intuit in 2020 Q2 according to their latest regulatory filings, with 141 funds opening new positions, 403 increasing their positions, 404 reducing their positions, and 75 closing their positions.
88% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 75
28% more capital invested
Capital invested by funds: $52.4B → $67.1B (+$14.7B)
18% more funds holding in top 10
Funds holding in top 10: 34 → 40 (+6)
5% more funds holding
Funds holding: 1,051 → 1,108 (+57)
0% less repeat investments, than reductions
Existing positions increased: 403 | Existing positions reduced: 404
0.52% less ownership
Funds ownership: 87.43% → 86.91% (-0.52%)
27% less call options, than puts
Call options by funds: $327M | Put options by funds: $451M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$251M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$218M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$132M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$113M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$282M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$175M |
| 3 |
JP Morgan Chase
New York
|
-$156M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$141M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$132M |
INTU Hedge Fund Activity: Q2 2020 in Review
1,108 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q2 2020, worth a combined $67.1B — up 28% from $52.4B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new INTU positions and 75 closed out — a net gain of 66 holders — while 403 added to existing stakes and 404 trimmed.
The largest buyer was BlackRock, adding an estimated $251M. The largest seller was Fidelity Investments, cutting an estimated $282M.
- 1,108 institutional investors held Intuit (INTU) as of Q2 2020, up from 1,051 in Q1 2020.
- Funds reported $67.1B of Intuit stock for Q2 2020, up 28% quarter-over-quarter.
- 141 funds opened new Intuit positions in Q2 2020 and 75 closed out, a net change of +66 holders.
- The largest Intuit buyer in Q2 2020 was BlackRock, an estimated $251M added.
- The largest Intuit seller in Q2 2020 was Fidelity Investments, an estimated $282M sold.
Based on aggregated 13F filings for Q2 2020.