Vanguard Discloses 28.62M INTU Shares, 10.26% Ownership
Rhea-AI Filing Summary
The Vanguard Group reported owning 28,621,457 shares of Intuit Inc. common stock, representing 10.26% of the class as of the 09/30/2025 event. Vanguard reports no sole voting power and 1,680,880 shares of shared voting power, while retaining 25,940,952 shares of sole dispositive power and 2,680,505 shares of shared dispositive power.
The filing classifies Vanguard as an investment adviser (IA) and includes a certification that the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing control. The statement was signed on 10/06/2025.
Positive
- Material, disclosed stake: Vanguard holds 28,621,457 shares equal to 10.26% of Intuit
- Clear power breakdown: Filing specifies 25,940,952 sole dispositive shares and 1,680,880 shared voting shares
- Regulatory compliance: Position certified as held in the ordinary course and not for control purposes
Negative
- None.
Insights
Vanguard holds a material passive stake in Intuit, with dispositional control concentrated.
Vanguard reports 28,621,457 shares (10.26%) and shows sole dispositive power over 25,940,952 shares while declaring no sole voting power. That combination is characteristic of large asset managers who execute trades for clients while voting may be exercised through shared mechanisms.
Vanguard’s certification states the position is held in the ordinary course and not to change control; investors may note the size of the holding as of 09/30/2025