Putnam Focused Large Cap Growth ETF
PGRO
9 hedge funds and large institutions have $40.7M invested in Putnam Focused Large Cap Growth ETF in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
19% more capital invested
Capital invested by funds: $34.3M → $40.7M (+$6.45M)
0.39% less ownership
Funds ownership: 89.35% → 88.96% (-0.39%)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.6M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$955K |
| 3 |
PFG
Prosperity Financial Group
San Ramon,
California
|
+$452K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$276K |
| 5 |
PFA
Professional Financial Advisors
North Platte,
Nebraska
|
+$42.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$5.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$594K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$42.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$35.9K |
PGRO Hedge Fund Activity: Q4 2023 in Review
9 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Growth ETF (PGRO) for Q4 2023, worth a combined $40.7M — up 19% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PGRO and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $5.6M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $5.2M sold.
- 9 institutional investors held Putnam Focused Large Cap Growth ETF (PGRO) as of Q4 2023, down from 10 in Q3 2023.
- Funds reported $40.7M of Putnam Focused Large Cap Growth ETF stock for Q4 2023, up 19% quarter-over-quarter.
- 2 funds opened new Putnam Focused Large Cap Growth ETF positions in Q4 2023 and 3 closed out, a net change of -1 holder.
- The largest Putnam Focused Large Cap Growth ETF buyer in Q4 2023 was LPL Financial, an estimated $5.6M added.
- The largest Putnam Focused Large Cap Growth ETF seller in Q4 2023 was Cetera Advisor Networks, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2023.