SecurityINTU / Intuit Inc.
InstitutionCovington Capital Management
Shares60,911
Value $ 12,444,000

Covington Capital Management reports 3.36% decrease in ownership of INTU / Intuit Inc.

August 13, 2018 - Covington Capital Management has filed a 13F-HR form disclosing ownership of 60,911 shares of Intuit Inc. (NASDAQ:INTU) with total holdings valued at $12,444,000 USD as of June 30, 2018. Covington Capital Management had filed a previous 13F-HR on May 11, 2018 disclosing 63,026 shares of Intuit Inc. at a value of $10,926,000 USD. This represents a change in shares of -3.36 percent and a change in value of 13.89 percent during the quarter.

Other investors with positions similar to Covington Capital Management include Zacks Investment Management, Clifford Swan Investment Counsel Llc, Raymond James & Associates, Balyasny Asset Management Llc, Bogle Investment Management L P /de/, and Bb&t Corp.

Intuit Inc. has declared a standard industrial code (sic) of 7372 which is the "Prepackaged Software" industry. Covington Capital Management's top industries are "Construction Special Trade Contractors" (sic 17), "Non-depository Credit Institutions" (sic 61), and "Food Stores" (sic 54).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR INTUIT COM 461202103 188.83 60,911 -3.36 12,444 13.89 -399 1,917 17.55
2018-03-31 13F-HR INTUIT COM 461202103 165.57 63,026 -10.49 10,926 -1.66 -1,224 1,040 9.36
2017-12-31 13F-HR INTUIT COM 461202103 149.96 70,416 -1.53 11,110 9.31 -164 1,110 10.92
2017-09-30 13F-HR INTUIT COM 461202103 137.48 71,507 -0.85 10,164 6.11 -85 670 6.99
2017-06-30 13F-HR INTUIT COM 461202103 124.40 72,123 -2.53 9,579 11.60 -233 1,229 14.32
2017-03-31 13F-HR INTUIT COM 461202103 115.30 73,998 -1.70 8,583 -0.51 -147 103 1.20
2016-12-31 13F-HR INTUIT COM 461202103 112.31 75,274 -0.66 8,627 3.49 -56 347 4.17
2016-09-30 13F-HR/A-1 INTUIT COM 461202103 110.81 75,776 -0.24 8,336 -1.67 -20 -122 -1.43
2016-09-30 13F-HR INTUIT COM 461202103 75,776 8,336
2016-06-30 13F-HR INTUIT COM 461202103 107.81 75,961 -2.72 8,478 4.38 -229 585 7.20
2016-03-31 13F-HR INTUIT COM 461202103 100.26 78,085 -2.26 8,122 5.34 -181 593 7.69
2015-12-31 13F-HR INTUIT COM 461202103 92.63 79,892 1.07 7,710 9.89 78 616 8.78
2015-09-30 13F-HR INTUIT COM 461202103 94.76 79,050 -6.74 7,016 -17.86 -542 -984 -11.52
2015-06-30 13F-HR INTUIT COM 461202103 98.87 84,766 -9.74 8,542 -6.19 -904 340 3.74
2015-03-31 13F-HR/A-1 INTUIT COM 461202103 94.57 93,914 -2.53 9,106 2.52 -230 454 5.11
2015-03-31 13F-HR INTUIT COM 461202103 93,914 9,106
2014-12-31 13F-HR INTUIT COM 461202103 89.92 96,349 -3.47 8,882 1.53 -311 445 5.09
2014-09-30 13F-HR INTUIT COM 461202103 84.94 99,809 -0.30 8,748 6.27 -25 541 6.58
2014-06-30 13F-HR INTUIT COM 461202103 79.98 100,109 2.05 8,232 7.96 161 446 5.85
2014-03-31 13F-HR INTUIT COM 461202103 98,095 7,625


CUSIP: 461202103