Bank of America Corp DE disclosed a new position in Intuit Inc. in a 13F filing on September 16, 2026. The firm purchased 2,259,926 shares during the second quarter. This stake is valued at approximately $589.8 million.
The investment grants Bank of America approximately 0.83% ownership of the financial technology company.
The disclosure arrives ahead of Intuit’s annual Investor Day scheduled for September 17. The company expects to discuss its strategy for fiscal year 2027 and beyond at the event. This significant institutional stake signals confidence in the software maker’s growth prospects.