Putnam Focused Large Cap Value ETF
PVAL
34 hedge funds and large institutions have $188M invested in Putnam Focused Large Cap Value ETF in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
31% more funds holding
Funds holding: 26 → 34 (+8)
17% more capital invested
Capital invested by funds: $160M → $188M (+$27.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.12% less ownership
Funds ownership: 74.22% → 72.1% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$16.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.38M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$21.3M |
| 2 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$603K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$322K |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$314K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Jane Street
New York
| $276K | +$260K | +8,756 | New |
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $246K | +$231K | +7,788 | New |
|
|
BPA
28
Beacon Pointe Advisors
Newport Beach,
California
| $244K | -$52.5K | -1,769 | -19% |
|
|
EFS
29
Essex Financial Services
Essex,
Connecticut
| $232K | +$218K | +7,344 | New |
|
|
BTWM
30
Baker Tilly Wealth Management
Madison,
Wisconsin
| $226K | +$213K | +7,180 | New |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $84.9K | – | – | – |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $63.1K | +$59.3K | +2,000 | New |
|
33
Comerica Bank
Dallas,
Texas
| $45.8K | +$43.1K | +1,452 | New |
|
|
FFA
34
Farther Finance Advisors
San Francisco,
California
| $16.6K | +$15.6K | +526 | New |
|
|
35
Envestnet Asset Management
Chicago,
Illinois
| – | -$322K | -11,004 | Closed |
|
PVAL Hedge Fund Activity: Q4 2023 in Review
34 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q4 2023, worth a combined $188M — up 17% from $160M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PVAL positions and 1 closed out — a net gain of 8 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $16.5M. The largest seller was Amplius Wealth Advisors, cutting an estimated $21.3M.
- 34 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $188M of Putnam Focused Large Cap Value ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 9 funds opened new Putnam Focused Large Cap Value ETF positions in Q4 2023 and 1 closed out, a net change of +8 holders.
- The largest Putnam Focused Large Cap Value ETF buyer in Q4 2023 was Wealth Enhancement Advisory Services, an estimated $16.5M added.
- The largest Putnam Focused Large Cap Value ETF seller in Q4 2023 was Amplius Wealth Advisors, an estimated $21.3M sold.
Based on aggregated 13F filings for Q4 2023.