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
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
1
Putnam Investments
Boston,
Massachusetts
| $26.8M | – | – | – |
|
2
LPL Financial
San Diego,
California
| $6.02M | +$5.6M | +207,734 | New |
|
3
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $2.48M | +$955K | +35,441 | +71% |
|
4
Cetera Investment Advisers
Schaumburg,
Illinois
| $2.07M | -$42.3K | -1,570 | -2% |
|
|
PFA
5
Professional Financial Advisors
North Platte,
Nebraska
| $1.72M | +$42.7K | +1,584 | +3% |
|
|
PFG
6
Prosperity Financial Group
San Ramon,
California
| $950K | +$452K | +16,774 | +105% |
|
7
Citadel Advisors
Miami,
Florida
| $297K | +$276K | +10,237 | New |
|
|
WIP
8
WealthCare Investment Partners
Portsmouth,
Rhode Island
| $274K | – | – | – |
|
|
BFEC
9
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $110K | +$27.8K | +1,032 | +37% |
|
|
CAN
10
Cetera Advisor Networks
El Segundo,
California
| – | -$5.2M | -207,590 | Closed |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$594K | -23,714 | Closed |
|
12
UBS Group
Zurich,
Switzerland
| – | -$35.9K | -1,431 | Closed |
|
PGRO Hedge Fund Activity: Q4 2023 in Review
9 of the 6,859 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.