Assenagon Asset Management Boosts Intuit Stake

Investment firm increases holding in software company by over 155%

Mar. 24, 2026 at 7:09am

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Assenagon Asset Management S.A. increased its stake in Intuit Inc. (NASDAQ:INTU) by 155.4% in the 4th quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor now owns 270,840 shares of the software maker's stock, worth approximately $179 million.

Why it matters

Intuit is a major financial software provider, known for products like TurboTax and QuickBooks. This significant increase in Assenagon's position suggests the investment firm sees strong potential in Intuit's business and future growth prospects.

The details

According to the 13F filing, Assenagon Asset Management purchased an additional 164,802 shares of Intuit during the fourth quarter, bringing its total position to 270,840 shares. This represents a 155.4% increase in the firm's stake in the company.

  • Assenagon increased its Intuit holdings in the 4th quarter of 2025.

The players

Assenagon Asset Management S.A.

An institutional investment firm that manages assets for clients.

Intuit Inc.

A financial software company known for products like TurboTax and QuickBooks.

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The takeaway

Assenagon's significant increase in its Intuit position suggests the investment firm sees strong growth potential in the financial software company, which could signal positive momentum for Intuit's business outlook.