Intuit
INTU
1,612 hedge funds and large institutions have $105B invested in Intuit in 2023 Q1 according to their latest regulatory filings, with 169 funds opening new positions, 663 increasing their positions, 559 reducing their positions, and 92 closing their positions.
84% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 92
53% more call options, than puts
Call options by funds: $2.04B | Put options by funds: $1.33B
21% more funds holding in top 10
Funds holding in top 10: 67 → 81 (+14)
19% more repeat investments, than reductions
Existing positions increased: 663 | Existing positions reduced: 559
16% more capital invested
Capital invested by funds: $90.7B → $105B (+$14.2B)
3% more funds holding
Funds holding: 1,559 → 1,612 (+53)
0.83% more ownership
Funds ownership: 83.13% → 83.96% (+0.83%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$970M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$528M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$280M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$228M |
| 5 |
Tiger Global Management
New York
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$640M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$407M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$334M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$243M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$180M |
INTU Hedge Fund Activity: Q1 2023 in Review
1,612 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q1 2023, worth a combined $105B — up 16% from $90.7B a quarter earlier.
Buyers outnumbered sellers: 169 funds opened new INTU positions and 92 closed out — a net gain of 77 holders — while 663 added to existing stakes and 559 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $970M. The largest seller was T. Rowe Price Associates, cutting an estimated $640M.
- 1,612 institutional investors held Intuit (INTU) as of Q1 2023, up from 1,559 in Q4 2022.
- Funds reported $105B of Intuit stock for Q1 2023, up 16% quarter-over-quarter.
- 169 funds opened new Intuit positions in Q1 2023 and 92 closed out, a net change of +77 holders.
- The largest Intuit buyer in Q1 2023 was JP Morgan Chase, an estimated $970M added.
- The largest Intuit seller in Q1 2023 was T. Rowe Price Associates, an estimated $640M sold.
Based on aggregated 13F filings for Q1 2023.