Intuit
INTU
1,917 hedge funds and large institutions have $147B invested in Intuit in 2023 Q4 according to their latest regulatory filings, with 299 funds opening new positions, 685 increasing their positions, 667 reducing their positions, and 99 closing their positions.
202% more first-time investments, than exits
New positions opened: 299 | Existing positions closed: 99
24% more capital invested
Capital invested by funds: $118B → $147B (+$28.9B)
10% more funds holding
Funds holding: 1,740 → 1,917 (+177)
5% more funds holding in top 10
Funds holding in top 10: 97 → 102 (+5)
1.65% more ownership
Funds ownership: 82.58% → 84.24% (+1.7%)
3% more repeat investments, than reductions
Existing positions increased: 685 | Existing positions reduced: 667
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 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.29B |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$712M |
| 3 |
Neuberger Berman Group
New York
|
+$533M |
| 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
1,917 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q4 2023, worth a combined $147B — up 24% from $118B a quarter earlier.
Buyers outnumbered sellers: 299 funds opened new INTU positions and 99 closed out — a net gain of 200 holders — while 685 added to existing stakes and 667 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $1.29B. The largest seller was T. Rowe Price Associates, cutting an estimated $953M.
- 1,917 institutional investors held Intuit (INTU) as of Q4 2023, up from 1,740 in Q3 2023.
- Funds reported $147B of Intuit stock for Q4 2023, up 24% quarter-over-quarter.
- 299 funds opened new Intuit positions in Q4 2023 and 99 closed out, a net change of +200 holders.
- The largest Intuit buyer in Q4 2023 was Wellington Management Group, an estimated $1.29B 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.