Intuit
INTU
1,913 hedge funds and large institutions have $149B invested in Intuit in 2023 Q4 according to their latest regulatory filings, with 295 funds opening new positions, 684 increasing their positions, 669 reducing their positions, and 99 closing their positions.
198% more first-time investments, than exits
New positions opened: 295 | Existing positions closed: 99
26% more capital invested
Capital invested by funds: $119B → $149B (+$30.8B)
10% more funds holding
Funds holding: 1,741 → 1,913 (+172)
5% more funds holding in top 10
Funds holding in top 10: 97 → 102 (+5)
2.75% more ownership
Funds ownership: 82.6% → 85.35% (+2.7%)
2% more repeat investments, than reductions
Existing positions increased: 684 | Existing positions reduced: 669
24% less call options, than puts
Call options by funds: $1.58B | Put options by funds: $2.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.34B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.29B |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$712M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$413M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$401M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$953M |
| 2 |
Coatue Management
New York
|
-$403M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$271M |
| 4 |
Tiger Global Management
New York
|
-$260M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$244M |
INTU Hedge Fund Activity: Q4 2023 in Review
1,913 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q4 2023, worth a combined $149B — up 26% from $119B a quarter earlier.
Buyers outnumbered sellers: 295 funds opened new INTU positions and 99 closed out — a net gain of 196 holders — while 684 added to existing stakes and 669 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.34B. The largest seller was T. Rowe Price Associates, cutting an estimated $953M.
- 1,913 institutional investors held Intuit (INTU) as of Q4 2023, up from 1,741 in Q3 2023.
- Funds reported $149B of Intuit stock for Q4 2023, up 26% quarter-over-quarter.
- 295 funds opened new Intuit positions in Q4 2023 and 99 closed out, a net change of +196 holders.
- The largest Intuit buyer in Q4 2023 was Morgan Stanley, an estimated $2.34B added.
- The largest Intuit seller in Q4 2023 was T. Rowe Price Associates, an estimated $953M sold.
Based on aggregated 13F filings for Q4 2023.