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1,667 hedge funds and large institutions have $108B invested in Intuit in 2023 Q2 according to their latest regulatory filings, with 150 funds opening new positions, 691 increasing their positions, 566 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 150 | Existing positions closed: 84

22% more repeat investments, than reductions

Existing positions increased: 691 | Existing positions reduced: 566

10% more call options, than puts

Call options by funds: $1.26B | Put options by funds: $1.14B

3% more funds holding

Funds holding: 1,6121,667 (+55)

3% more capital invested

Capital invested by funds: $105B → $108B (+$2.89B)

0.04% more ownership

Funds ownership: 83.96%84.01% (+0.04%)

15% less funds holding in top 10

Funds holding in top 10: 8169 (-12)

Holders
1,667
Holders Change
+55
Holders Change %
+3.41%
% of All Funds
26.17%
Holding in Top 10
69
Holding in Top 10 Change
-12
Holding in Top 10 Change %
-14.81%
% of All Funds
1.08%
New
150
Increased
691
Reduced
566
Closed
84
Calls
$1.26B
Puts
$1.14B
Net Calls
+$120M
Net Calls Change
-$591M
Name Holding Trade Value Shares
Change
Change in
Stake
SGA
26
Sustainable Growth Advisers
Connecticut
$733M +$52.3M +119,475 +8%
Charles Schwab
27
Charles Schwab
California
$695M +$3.49M +7,965 +0.5%
DCP
28
Durable Capital Partners
Maryland
$659M -$102M -233,172 -14%
Principal Financial Group
29
Principal Financial Group
Iowa
$646M -$42.4M -96,817 -6%
UBS AM
30
UBS AM
Illinois
$639M
LT
31
Lindsell Train
United Kingdom
$629M -$28.6M -65,200 -5%
Artisan Partners
32
Artisan Partners
Wisconsin
$628M +$165M +377,788 +38%
Massachusetts Financial Services
33
Massachusetts Financial Services
Massachusetts
$616M -$594M -1,356,540 -50%
T. Rowe Price Investment Management
34
T. Rowe Price Investment Management
Maryland
$602M +$11.6M +26,477 +2%
Amundi
35
Amundi
France
$569M +$263M +601,643 +91%
Barclays
36
Barclays
United Kingdom
$555M +$81M +184,922 +18%
AllianceBernstein
37
AllianceBernstein
Tennessee
$544M +$21.1M +48,138 +4%
Wells Fargo
38
Wells Fargo
California
$526M -$10.8M -24,703 -2%
Macquarie Group
39
Macquarie Group
Australia
$508M +$21.9M +49,936 +5%
JIM
40
Jensen Investment Management
Oregon
$501M +$4.46M +10,191 +0.9%
Tiger Global Management
41
Tiger Global Management
New York
$487M +$269M +613,900 +137%
Viking Global Investors
42
Viking Global Investors
Connecticut
$483M -$73.5M -167,742 -14%
OCBV
43
Ownership Capital B.V.
Netherlands
$471M -$8.09M -18,484 -2%
Swiss National Bank
44
Swiss National Bank
Switzerland
$464M -$20.1M -46,000 -4%
LWCFA
45
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$453M +$215K +490 +0%
VOYA Investment Management
46
VOYA Investment Management
Georgia
$445M -$70.8M -161,707 -14%
Neuberger Berman Group
47
Neuberger Berman Group
New York
$441M +$50.9M +116,195 +14%
MAM
48
Magellan Asset Management
Australia
$438M -$81.4M -185,943 -16%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$431M -$21.3M -48,719 -5%
Deutsche Bank
50
Deutsche Bank
Germany
$426M +$33.1M +75,541 +9%

INTU Hedge Fund Activity: Q2 2023 in Review

1,667 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q2 2023, worth a combined $108B — up 2.7% from $105B a quarter earlier.

Buyers outnumbered sellers: 150 funds opened new INTU positions and 84 closed out — a net gain of 66 holders — while 691 added to existing stakes and 566 trimmed.

The largest buyer was Nicholas Hoffman & Company, opening a new position worth an estimated $1.22B. The largest seller was Winslow Capital Management, cutting an estimated $634M.

  • 1,667 institutional investors held Intuit (INTU) as of Q2 2023, up from 1,612 in Q1 2023.
  • Funds reported $108B of Intuit stock for Q2 2023, up 2.7% quarter-over-quarter.
  • 150 funds opened new Intuit positions in Q2 2023 and 84 closed out, a net change of +66 holders.
  • The largest Intuit buyer in Q2 2023 was Nicholas Hoffman & Company, an estimated $1.22B added.
  • The largest Intuit seller in Q2 2023 was Winslow Capital Management, an estimated $634M sold.

Based on aggregated 13F filings for Q2 2023.