Putnam Focused Large Cap Value ETF
PVAL
39 hedge funds and large institutions have $313M invested in Putnam Focused Large Cap Value ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 5 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
67% more capital invested
Capital invested by funds: $188M → $313M (+$125M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more funds holding
Funds holding: 34 → 39 (+5)
3.75% more ownership
Funds ownership: 72.1% → 75.85% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
+$34.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$19.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.2M |
| 5 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$13.3M |
| 2 |
PFG
Prosperity Financial Group
San Ramon,
California
|
-$5.06M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.28M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$681K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$435K |
PVAL Hedge Fund Activity: Q1 2024 in Review
39 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q1 2024, worth a combined $313M — up 67% from $188M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PVAL positions and 5 closed out — a net gain of 5 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Opal Wealth Advisors, opening a new position worth an estimated $34.8M. The largest seller was U.S. Capital Wealth Advisors, exiting entirely with an estimated $13.3M sold.
- 39 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q1 2024, up from 34 in Q4 2023.
- Funds reported $313M of Putnam Focused Large Cap Value ETF stock for Q1 2024, up 67% quarter-over-quarter.
- 10 funds opened new Putnam Focused Large Cap Value ETF positions in Q1 2024 and 5 closed out, a net change of +5 holders.
- The largest Putnam Focused Large Cap Value ETF buyer in Q1 2024 was Opal Wealth Advisors, an estimated $34.8M added.
- The largest Putnam Focused Large Cap Value ETF seller in Q1 2024 was U.S. Capital Wealth Advisors, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2024.