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Putnam BDC Income ETF

28 hedge funds and large institutions have $30.9M invested in Putnam BDC Income ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

27% more funds holding

Funds holding: 2228 (+6)

4% more capital invested

Capital invested by funds: $29.9M → $30.9M (+$1.06M)

5.44% less ownership

Funds ownership: 33.16%27.72% (-5.4%)

Holders
28
Holders Change
+6
Holders Change %
+27.27%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
10
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EWA
1
Evolution Wealth Advisors
Florida
$4.59M
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$3.42M -$1.78M -53,178 -34%
PFG
3
Prosperity Financial Group
California
$2.83M +$24.9K +743 +0.9%
SFPG
4
Stonebridge Financial Planning Group
Florida
$2.76M +$128K +3,824 +5%
CCM
5
Condor Capital Management
New Jersey
$2.33M +$756K +22,525 +49%
SPIA
6
Steward Partners Investment Advisory
New York
$1.75M +$128K +3,815 +8%
3AM
7
3EDGE Asset Management
Florida
$1.66M +$79.5K +2,371 +5%
AAS
8
Avantax Advisory Services
Texas
$1.56M +$263K +7,845 +20%
Cetera Investment Advisers
9
Cetera Investment Advisers
Illinois
$1.4M -$159K -4,754 -10%
Corient Private Wealth
10
Corient Private Wealth
Florida
$1.07M +$712K +21,216 +202%
NFSG
11
Newbridge Financial Services Group
Florida
$1.07M +$1.06M +31,619 New
WAP
12
Wealthcare Advisory Partners
Pennsylvania
$969K -$416K -12,397 -30%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$900K +$119K +3,548 +15%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$684K +$679K +20,232 New
Osaic Holdings
15
Osaic Holdings
Arizona
$650K -$29.9K -891 -4%
MML Investors Services
16
MML Investors Services
Massachusetts
$554K +$550K +16,393 New
BCA
17
Bay Colony Advisors
Massachusetts
$387K -$178K -5,308 -32%
KPWS
18
Kestra Private Wealth Services
Texas
$387K +$49.5K +1,475 +15%
DADC
19
D.A. Davidson & Co
Montana
$328K +$839 +25 +0.3%
AWM
20
Able Wealth Management
New Jersey
$318K +$316K +9,415 New
Brown Advisory
21
Brown Advisory
Maryland
$306K +$304K +9,060 New
RA
22
RFG Advisory
Alabama
$280K +$278K +8,281 New
PS
23
Principal Securities
Iowa
$271K -$17.2K -512 -6%
Carson Wealth (CWM LLC)
24
Carson Wealth (CWM LLC)
Nebraska
$270K -$28.5K -850 -10%
Comerica Bank
25
Comerica Bank
Texas
$115K

PBDC Hedge Fund Activity: Q3 2024 in Review

28 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Putnam BDC Income ETF (PBDC) for Q3 2024, worth a combined $30.9M — up 3.5% from $29.9M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new PBDC positions and 3 closed out — a net gain of 6 holders — while 10 added to existing stakes and 7 trimmed.

The largest buyer was Newbridge Financial Services Group, opening a new position worth an estimated $1.06M. The largest seller was Commonwealth Equity Services, cutting an estimated $1.78M.

  • 28 institutional investors held Putnam BDC Income ETF (PBDC) as of Q3 2024, up from 22 in Q2 2024.
  • Funds reported $30.9M of Putnam BDC Income ETF stock for Q3 2024, up 3.5% quarter-over-quarter.
  • 9 funds opened new Putnam BDC Income ETF positions in Q3 2024 and 3 closed out, a net change of +6 holders.
  • The largest Putnam BDC Income ETF buyer in Q3 2024 was Newbridge Financial Services Group, an estimated $1.06M added.
  • The largest Putnam BDC Income ETF seller in Q3 2024 was Commonwealth Equity Services, an estimated $1.78M sold.

Based on aggregated 13F filings for Q3 2024.