Temasek Holdings Boosts Stake in Intuit

Singapore's sovereign wealth fund increases ownership in software maker by 33.7%

Mar. 14, 2026 at 9:53am

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Temasek Holdings Private Ltd., Singapore's sovereign wealth fund, has increased its stake in Intuit Inc. (NASDAQ:INTU) by 33.7% during the third quarter, according to a recent SEC filing. Temasek now owns 200,641 shares of the software maker, valued at around $137 million.

Why it matters

Temasek's increased investment in Intuit signals the fund's confidence in the company's long-term growth prospects. As one of the world's largest sovereign wealth funds, Temasek's moves are closely watched by investors and analysts.

The details

According to the filing, Temasek purchased an additional 50,584 shares of Intuit during the third quarter, bringing its total ownership to around 0.07% of the company. Intuit is best known for its popular financial software products like TurboTax and QuickBooks.

  • Temasek increased its Intuit stake during the third quarter of the year.

The players

Temasek Holdings Private Ltd.

A Singaporean sovereign wealth fund that manages a portfolio of global investments.

Intuit Inc.

An American software company that develops financial and tax preparation products, including TurboTax and QuickBooks.

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The takeaway

Temasek's increased investment in Intuit underscores the software company's strong market position and growth potential, particularly in the financial technology space.