Intuit
INTU
1,943 hedge funds and large institutions have $152B invested in Intuit in 2024 Q1 according to their latest regulatory filings, with 164 funds opening new positions, 733 increasing their positions, 749 reducing their positions, and 109 closing their positions.
50% more first-time investments, than exits
New positions opened: 164 | Existing positions closed: 109
2% more funds holding
Funds holding: 1,914 → 1,943 (+29)
2% more capital invested
Capital invested by funds: $149B → $152B (+$2.62B)
2% less repeat investments, than reductions
Existing positions increased: 733 | Existing positions reduced: 749
1.66% less ownership
Funds ownership: 85.35% → 83.69% (-1.7%)
20% less call options, than puts
Call options by funds: $1.45B | Put options by funds: $1.8B
21% less funds holding in top 10
Funds holding in top 10: 102 → 81 (-21)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$527M |
| 2 |
BlackRock
New York
|
+$461M |
| 3 |
JP Morgan Chase
New York
|
+$436M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$426M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$323M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.62B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$779M |
| 3 |
Edgewood Management
Greenwich,
Connecticut
|
-$325M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$309M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$191M |
INTU Hedge Fund Activity: Q1 2024 in Review
1,943 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q1 2024, worth a combined $152B — up 1.8% from $149B a quarter earlier.
Buyers outnumbered sellers: 164 funds opened new INTU positions and 109 closed out — a net gain of 55 holders — while 733 added to existing stakes and 749 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $527M. The largest seller was Morgan Stanley, cutting an estimated $2.62B.
- 1,943 institutional investors held Intuit (INTU) as of Q1 2024, up from 1,914 in Q4 2023.
- Funds reported $152B of Intuit stock for Q1 2024, up 1.8% quarter-over-quarter.
- 164 funds opened new Intuit positions in Q1 2024 and 109 closed out, a net change of +55 holders.
- The largest Intuit buyer in Q1 2024 was Wellington Management Group, an estimated $527M added.
- The largest Intuit seller in Q1 2024 was Morgan Stanley, an estimated $2.62B sold.
Based on aggregated 13F filings for Q1 2024.