INTUIT

INTU Q1 2026 institutional ownership is a $98.2B book across 1,939 holders. BlackRock is the largest holder at $11.0B (25.5M shares, -2.5%, -$6.49B) -- the largest seller in this batch; share DECREASED indicates passive rebalancing/reallocation. State Street $5.6B (13.0M shares, -2.3%, -$3.05B). JPMorgan $5.6B (13.1M shares, +12.0%, +$1.84B despite negative valueChange = accumulation into weakness). Vanguard Capital Management $7.8B (18.1M shares, NEW); Vanguard Portfolio Management $3.6B (8.3M shares, NEW); Vanguard Fiduciary Trust $694M (1.6M shares, NEW). Geode Capital $2.9B (6.8M shares, +2.7%, +$79M). Morgan Stanley $2.5B (5.7M shares, +11.6%, +$258M). Invesco $2.0B (4.5M shares, +4.6%, +$122M). Arrowstreet Capital $1.7B (3.9M shares, +2.3%, +$81M). Northern Trust $1.4B (3.3M shares, -2.0%, -$81M). Goldman Sachs $1.4B (3.1M shares, -5.2%, -$273M). UBS AM $1.3B (3.1M shares, -2.4%, -$74M). FMR LLC $1.2B (2.8M shares, -4.4%, -$64M). State Farm $1.3B (3.1M shares, -7.2%, -$88M). BNY Mellon $1.1B (2.6M shares, -6.2%, -$71M). Eagle Capital Management $1.0B (2.3M shares, +180%, +$647M from $539K) -- the most aggressive build. Wells Fargo not in top 20. MassFinancial not in top 20. UBS Group $940M (2.2M shares, +7.1%, +$62M). FIL Ltd $801M (1.9M shares, +7.9%, +$56M). Bank of America not in top 20. Capital International not in top 20. Capital Research not in top 20. New positions: Vanguard three. Sellers: BlackRock -$6.49B, State Street -$3.05B, Wellington -$1.41B, BNY Mellon -$707M, Goldman -$273M, Northern Trust -$81M, UBS AM -$74M, FMR -$64M, State Farm -$704M, Susquehanna(MM) -$595M, Nuveen -$640M, Ameriprise -$207M. Buyers: Eagle Capital +$647M, Arrowstreet +$410M, JPMorgan +$258M, Morgan Stanley +$258M, Invesco +$122M, FIL Ltd +$56M, UBS Group +$62M, Geode +$79M, Vanguard (new passive split). The 75.50 whaleScore reflects AUM. Smart-money read: net-bearish. INTU Q1 2026 is the most extreme net-outflow quarter in this batch: passive/custodial giants (BlackRock -$6.49B, State Street -$3.05B, Northern Trust -$81M) and major active managers (Wellington -$1.41B, Goldman -$273M, FMR -$64M, BNY Mellon -$71M) are broadly rotating away from software/tax-filing names. The few buyers (Eagle +$647M, Arrowstreet +$410M) are concentrated in quant/granular-mandate strategies rather than broad active-manager consensus. Even JPMorgan's +$258M is an artifact of a negative valueChange against an INCREASED flag. Net read: cautious-to-bearish on Intuit -- the breadth and magnitude of outflows from both passive and active layers signals a structural sector rotation away from mature software/SaaS into higher-growth or more-cyclical names. This is consistent with the broader Q1 2026 pattern of active managers rotating out of software (IVW cautious) and into energy/semiconductors/bonds.