Intuit
INTU
1,667 hedge funds and large institutions have $108B invested in Intuit in 2023 Q2 according to their latest regulatory filings, with 151 funds opening new positions, 689 increasing their positions, 566 reducing their positions, and 84 closing their positions.
80% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 84
22% more repeat investments, than reductions
Existing positions increased: 689 | 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: 1,611 → 1,667 (+56)
3% more capital invested
Capital invested by funds: $105B → $108B (+$2.92B)
0.04% more ownership
Funds ownership: 83.96% → 84.01% (+0.04%)
15% less funds holding in top 10
Funds holding in top 10: 81 → 69 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NHC
Nicholas Hoffman & Company
Atlanta,
Georgia
|
+$1.22B |
| 2 |
ClearBridge Investments
New York
|
+$340M |
| 3 |
Tiger Global Management
New York
|
+$269M |
| 4 |
Amundi
Paris,
France
|
+$263M |
| 5 |
Goldman Sachs
New York
|
+$233M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$634M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$594M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$566M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$435M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$408M |
INTU Hedge Fund Activity: Q2 2023 in Review
1,667 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q2 2023, worth a combined $108B — up 2.8% from $105B a quarter earlier.
Buyers outnumbered sellers: 151 funds opened new INTU positions and 84 closed out — a net gain of 67 holders — while 689 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 1,611 in Q1 2023.
- Funds reported $108B of Intuit stock for Q2 2023, up 2.8% quarter-over-quarter.
- 151 funds opened new Intuit positions in Q2 2023 and 84 closed out, a net change of +67 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.