Angeles Wealth Management Boosts Intuit Stake by 367.7%

Institutional investor increases position in software maker's shares in Q3

Mar. 7, 2026 at 8:22am

Got story updates? Submit your updates here. ›

Angeles Wealth Management LLC increased its stake in Intuit Inc. (NASDAQ:INTU) by 367.7% in the third quarter, according to a recent 13F filing with the SEC. The institutional investor now owns 4,069 shares of the software maker's stock worth $2.78 million.

Why it matters

Intuit is a leading provider of financial software and services, including popular products like QuickBooks, TurboTax, and Mint. The increase in Angeles Wealth Management's position suggests the firm sees continued growth potential in Intuit's business.

The details

According to the 13F filing, Angeles Wealth Management purchased an additional 3,199 shares of Intuit during the third quarter, bringing its total position to 4,069 shares. This represents a 367.7% increase in the firm's stake in the software company.

  • Angeles Wealth Management increased its Intuit position in the third quarter of 2026.

The players

Angeles Wealth Management LLC

An institutional investor that manages assets for clients.

Intuit Inc.

A financial software company that develops and sells cloud-based products for individuals, small businesses, and accounting professionals.

Got photos? Submit your photos here. ›

The takeaway

The significant increase in Angeles Wealth Management's Intuit position suggests the firm sees strong growth potential in the software company's business, which could signal positive momentum for Intuit's stock going forward.