First Long Island Investors Boosts Intuit Stake

Investment firm increases holdings in software company by 91.7% in Q3

Published on Mar. 2, 2026

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First Long Island Investors LLC grew its position in shares of Intuit Inc. (NASDAQ:INTU) by 91.7% during the third quarter, according to a recent SEC filing. The investment firm now owns 29,341 shares of the software maker's stock, valued at $20,037,000 at the end of the quarter.

Why it matters

Intuit is a leading provider of financial software and services, including popular products like QuickBooks, TurboTax, and Mint. The increase in First Long Island Investors' stake suggests the firm sees strong potential in Intuit's business and future growth prospects.

The details

According to the filing, First Long Island Investors added 14,037 shares of Intuit to its portfolio during the third quarter. This represents a 91.7% increase in the firm's position. Intuit now accounts for 1.5% of First Long Island Investors' total holdings, making it the 28th largest position in the portfolio.

  • First Long Island Investors disclosed the increased Intuit stake in a Q3 2026 SEC filing.

The players

First Long Island Investors LLC

An investment management firm based in Long Island, New York.

Intuit Inc.

A financial software company headquartered in Mountain View, California, known for products like QuickBooks, TurboTax, and Mint.

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The takeaway

The substantial increase in First Long Island Investors' Intuit stake suggests the firm sees significant upside potential in the financial software company's stock. This could signal growing investor confidence in Intuit's ability to maintain its market leadership and capitalize on trends in the personal finance and small business software sectors.