Putnam BDC Income ETF
PBDC
36 hedge funds and large institutions have $40.1M invested in Putnam BDC Income ETF in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 0 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
30% more capital invested
Capital invested by funds: $30.9M → $40.1M (+$9.21M)
29% more funds holding
Funds holding: 28 → 36 (+8)
1.06% more ownership
Funds ownership: 27.72% → 28.78% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$1.3M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$758K |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$630K |
| 4 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
+$435K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Prosperity Financial Group
San Ramon,
California
|
-$936K |
| 2 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$58.3K |
| 3 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$48.4K |
| 4 |
NS
NBC Securities
Birmingham,
Alabama
|
-$33.4K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$29.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
26
Independent Financial Group
San Diego,
California
| $309K | +$305K | +8,991 | New |
|
|
AWM
27
Able Wealth Management
Toms River,
New Jersey
| $306K | -$18K | -530 | -6% |
|
|
JWCA
28
J.W. Cole Advisors
Tampa,
Florida
| $243K | +$240K | +7,071 | New |
|
29
Citadel Advisors
Miami,
Florida
| $216K | +$212K | +6,265 | New |
|
|
AIM
30
Advyzon Investment Management
Lisle,
Illinois
| $203K | +$200K | +5,895 | New |
|
31
Comerica Bank
Dallas,
Texas
| $117K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $70K | +$59.1K | +1,743 | +601% |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $33.4K | +$32.8K | +969 | New |
|
34
Morgan Stanley
New York
| $10.4K | +$10.2K | +300 | +30,000% |
|
|
NS
35
NBC Securities
Birmingham,
Alabama
| $36 | -$33.4K | -985 | -100% |
|
36
Fidelity Investments
Boston,
Massachusetts
| $34 | +$34 | +1 | New |
|
PBDC Hedge Fund Activity: Q4 2024 in Review
36 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Putnam BDC Income ETF (PBDC) for Q4 2024, worth a combined $40.1M — up 30% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PBDC positions and 0 closed out — a net gain of 8 holders — while 19 added to existing stakes and 8 trimmed.
The largest buyer was Smith, Moore & Co, opening a new position worth an estimated $1.3M. The largest seller was Prosperity Financial Group, cutting an estimated $936K.
- 36 institutional investors held Putnam BDC Income ETF (PBDC) as of Q4 2024, up from 28 in Q3 2024.
- Funds reported $40.1M of Putnam BDC Income ETF stock for Q4 2024, up 30% quarter-over-quarter.
- 8 funds opened new Putnam BDC Income ETF positions in Q4 2024 and 0 closed out, a net change of +8 holders.
- The largest Putnam BDC Income ETF buyer in Q4 2024 was Smith, Moore & Co, an estimated $1.3M added.
- The largest Putnam BDC Income ETF seller in Q4 2024 was Prosperity Financial Group, an estimated $936K sold.
Based on aggregated 13F filings for Q4 2024.