Putnam BDC Income ETF
PBDC
58 hedge funds and large institutions have $63.2M invested in Putnam BDC Income ETF in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 15 closing their positions.
2% more funds holding
Funds holding: 57 → 58 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
2% more capital invested
Capital invested by funds: $62M → $63.2M (+$1.23M)
0.33% more ownership
Funds ownership: 24.93% → 25.27% (+0.33%)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$5.63M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.62M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.22M |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$1.91M |
| 5 |
PS
Principal Securities
Des Moines,
Iowa
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
-$2.98M |
| 2 |
SFPG
Stonebridge Financial Planning Group
Orlando,
Florida
|
-$2.28M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$1.25M |
| 4 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$1.16M |
| 5 |
STA
Shade Tree Advisors
Saratoga Springs,
New York
|
-$970K |
PBDC Hedge Fund Activity: Q1 2026 in Review
58 of the 8,173 institutional investors tracked by Wall St. Rank reported a position in Putnam BDC Income ETF (PBDC) for Q1 2026, worth a combined $63.2M — up 2% from $62M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PBDC positions and 15 closed out — a net gain of 1 holder — while 19 added to existing stakes and 21 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $5.63M. The largest seller was Corient Private Wealth, cutting an estimated $2.98M.
- 58 institutional investors held Putnam BDC Income ETF (PBDC) as of Q1 2026, up from 57 in Q4 2025.
- Funds reported $63.2M of Putnam BDC Income ETF stock for Q1 2026, up 2% quarter-over-quarter.
- 16 funds opened new Putnam BDC Income ETF positions in Q1 2026 and 15 closed out, a net change of +1 holder.
- The largest Putnam BDC Income ETF buyer in Q1 2026 was Clark Capital Management Group, an estimated $5.63M added.
- The largest Putnam BDC Income ETF seller in Q1 2026 was Corient Private Wealth, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2026.