Intuit
INTU
1,945 hedge funds and large institutions have $152B invested in Intuit in 2024 Q1 according to their latest regulatory filings, with 165 funds opening new positions, 734 increasing their positions, 748 reducing their positions, and 109 closing their positions.
51% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 109
2% more funds holding
Funds holding: 1,915 → 1,945 (+30)
0.56% less ownership
Funds ownership: 84.24% → 83.68% (-0.56%)
2% less repeat investments, than reductions
Existing positions increased: 734 | Existing positions reduced: 748
11% less capital inflows, than outflows
Capital inflows: $5.83B | Capital outflows: $6.56B
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 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$779M |
| 2 |
Neuberger Berman Group
New York
|
-$614M |
| 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
1,945 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Intuit (INTU) for Q1 2024, worth a combined $152B — up 3.1% from $147B a quarter earlier.
Buyers outnumbered sellers: 165 funds opened new INTU positions and 109 closed out — a net gain of 56 holders — while 734 added to existing stakes and 748 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $527M. The largest seller was T. Rowe Price Associates, cutting an estimated $779M.
- 1,945 institutional investors held Intuit (INTU) as of Q1 2024, up from 1,915 in Q4 2023.
- Funds reported $152B of Intuit stock for Q1 2024, up 3.1% quarter-over-quarter.
- 165 funds opened new Intuit positions in Q1 2024 and 109 closed out, a net change of +56 holders.
- The largest Intuit buyer in Q1 2024 was Wellington Management Group, an estimated $527M added.
- The largest Intuit seller in Q1 2024 was T. Rowe Price Associates, an estimated $779M sold.
Based on aggregated 13F filings for Q1 2024.