Putnam Focused Large Cap Value ETF
PVAL
26 hedge funds and large institutions have $160M invested in Putnam Focused Large Cap Value ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
30% more funds holding
Funds holding: 20 → 26 (+6)
19% more capital invested
Capital invested by funds: $135M → $160M (+$25.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.77% less ownership
Funds ownership: 78.99% → 74.22% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$20.4M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$7.76M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$6.9M |
| 4 |
PFG
Prosperity Financial Group
San Ramon,
California
|
+$2.25M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$4.87M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.41M |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$3.64M |
| 4 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$3.58M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$531K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $69K | -$495K | -16,643 | -88% |
|
|
PI
27
Putnam Investments
Boston,
Massachusetts
| – | -$4.41M | -150,000 | Closed |
|
|
SAM
28
Synergy Asset Management
Vancouver,
Washington
| – | -$3.58M | -122,001 | Closed |
|
|
ACM
29
AlphaStar Capital Management
Cornelius,
North Carolina
| – | -$417K | -14,183 | Closed |
|
30
Jane Street
New York
| – | -$276K | -9,405 | Closed |
|
PVAL Hedge Fund Activity: Q3 2023 in Review
26 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q3 2023, worth a combined $160M — up 19% from $135M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PVAL positions and 4 closed out — a net gain of 6 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $20.4M. The largest seller was Amplius Wealth Advisors, cutting an estimated $4.87M.
- 26 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q3 2023, up from 20 in Q2 2023.
- Funds reported $160M of Putnam Focused Large Cap Value ETF stock for Q3 2023, up 19% quarter-over-quarter.
- 10 funds opened new Putnam Focused Large Cap Value ETF positions in Q3 2023 and 4 closed out, a net change of +6 holders.
- The largest Putnam Focused Large Cap Value ETF buyer in Q3 2023 was Bank of America, an estimated $20.4M added.
- The largest Putnam Focused Large Cap Value ETF seller in Q3 2023 was Amplius Wealth Advisors, an estimated $4.87M sold.
Based on aggregated 13F filings for Q3 2023.