Vanguard Capital Management Acquires 7.53% Stake in Intuit Inc. (INTU)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership stake in Intuit Inc. (INTU). As of the event date on March 31, 2026, Vanguard disclosed beneficial ownership of 20,831,573 shares of common stock, representing a 7.53% ownership interest in the company. This filing marks a substantial increase from a previous ownership level of 0.0%. The shares are held in the ordinary course of business by Vanguard Capital Management and various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Of the total shares, Vanguard reported sole dispositive power over all 20,831,573 shares and sole voting power over 2,752,422 shares. The filing was made under Rule 13d-1(b), indicating that the acquisition was not intended to influence or change the control of the issuer. No other single person's interest in these securities exceeds 5% of the total class.