Intuit
INTU
573 hedge funds and large institutions have $20.6B invested in Intuit in 2014 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 186 increasing their positions, 238 reducing their positions, and 35 closing their positions.
60% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 35
3% more funds holding
Funds holding: 556 → 573 (+17)
4% more capital invested
Capital invested by funds: $19.9B → $20.6B (+$699M)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
16% less call options, than puts
Call options by funds: $46.1M | Put options by funds: $55.1M
22% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 238
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$159M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.6M |
| 3 |
THSP
Taube Hodson Stonex Partners
London,
United Kingdom
|
+$74.9M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$66.5M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$53.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$475M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$213M |
| 3 |
NM
Naya Management
London,
United Kingdom
|
-$92.3M |
| 4 |
Bank of New York Mellon
New York
|
-$65.9M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
601
Rafferty Asset Management
New York
| – | -$330K | -4,247 | Closed |
|
|
QAM
602
Quantres Asset Management
Cayman,
Cayman Islands
| – | -$311K | -4,000 | Closed |
|
|
NIM
603
NuWave Investment Management
Parsippany,
New Jersey
| – | -$308K | -3,966 | Closed |
|
|
HCA
604
Horan Capital Advisors
Cincinnati,
Ohio
| – | -$233K | -3,000 | Closed |
|
|
GG
605
Gofen & Glossberg
Chicago,
Illinois
| – | -$191K | -2,438 | Closed |
|
|
AR
606
Advisory Research
Chicago,
Illinois
| – | -$69K | -888 | Closed |
|
|
ECM
607
ETrade Capital Management
Arlington,
Virginia
| – | -$6K | -74 | Closed |
|
608
Winslow Capital Management
Minneapolis,
Minnesota
| – | -$3K | -34 | Closed |
|
|
KCPG
609
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$2K | -30 | Closed |
|
INTU Hedge Fund Activity: Q2 2014 in Review
573 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q2 2014, worth a combined $20.6B — up 3.5% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new INTU positions and 35 closed out — a net gain of 21 holders — while 186 added to existing stakes and 238 trimmed.
The largest buyer was Norges Bank, adding an estimated $159M. The largest seller was Macquarie Group, cutting an estimated $475M.
- 573 institutional investors held Intuit (INTU) as of Q2 2014, up from 556 in Q1 2014.
- Funds reported $20.6B of Intuit stock for Q2 2014, up 3.5% quarter-over-quarter.
- 56 funds opened new Intuit positions in Q2 2014 and 35 closed out, a net change of +21 holders.
- The largest Intuit buyer in Q2 2014 was Norges Bank, an estimated $159M added.
- The largest Intuit seller in Q2 2014 was Macquarie Group, an estimated $475M sold.
Based on aggregated 13F filings for Q2 2014.