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Putnam Focused Large Cap Value ETF
PVAL

260 hedge funds and large institutions have $5.88B invested in Putnam Focused Large Cap Value ETF in 2025 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 156 increasing their positions, 24 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,033% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 6

550% more repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 24

48% more capital invested

Capital invested by funds: $3.98B → $5.88B (+$1.9B)

43% more funds holding in top 10

Funds holding in top 10: 23 → 33 (+10)

30% more funds holding

Funds holding: 200 → 260 (+60)

1.18% more ownership

Funds ownership: 87.98% → 89.16% (+1.2%)

Holders
260
Holders Change
+60
Holders Change %
+30%
% of All Funds
3.16%
Holding in Top 10
33
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+43.48%
% of All Funds
0.4%
New
68
Increased
156
Reduced
24
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$517M
2
Morgan Stanley
Morgan Stanley
New York
+$83.7M
3
Corient Private Wealth
Corient Private Wealth
Florida
+$69.2M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$65.2M
5
CFB
Cullen/Frost Bankers
Texas
+$44.3M

Top Sellers

1
DADC
D.A. Davidson & Co
Montana
-$3.08M
2
Two Sigma Investments
Two Sigma Investments
New York
-$2.3M
3
Renaissance Technologies
Renaissance Technologies
New York
-$2.2M
4
CWMS
Cannon Wealth Management Services
North Carolina
-$2.14M
5
Truist Financial
Truist Financial
North Carolina
-$1.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
HG
26
Harbor Group
New Hampshire
$38.7M +$956K +21,789 +3%
WANY
27
Wealthspire Advisors (New York)
New York
$37.8M +$22M +501,528 +153%
GWM
28
Geneos Wealth Management
Colorado
$37.7M +$3.53M +80,459 +11%
DA
29
Drake & Associates
Wisconsin
$36.3M +$3.16M +71,879 +10%
BFG
30
Bleakley Financial Group
New Jersey
$35.5M +$34.2M +779,036 New
LPL Financial
31
LPL Financial
California
$35.4M +$16.3M +370,896 +92%
Thrivent Financial for Lutherans
32
Thrivent Financial for Lutherans
Minnesota
$35.2M +$33.9M +772,511 New
RA
33
RFG Advisory
Alabama
$34.6M +$16.3M +371,140 +96%
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$33.8M +$11.1M +253,368 +52%
SWA
35
Sax Wealth Advisors
New Jersey
$31.3M +$6.71M +152,882 +29%
HW
36
Hancock Whitney
Mississippi
$30.5M +$29.4M +670,090 New
MML Investors Services
37
MML Investors Services
Massachusetts
$28.8M +$7.31M +166,588 +36%
AWA
38
Arete Wealth Advisors
Illinois
$28.2M +$847K +19,302 +3%
EFG
39
Embree Financial Group
Illinois
$27.7M +$11.8M +269,353 +80%
SFG
40
Sowa Financial Group
Rhode Island
$26M +$998K +22,742 +4%
Rockefeller Capital Management
41
Rockefeller Capital Management
New York
$25.1M +$20.2M +461,155 +510%
AF
42
Advisornet Financial
Minnesota
$24.1M +$1.65M +37,639 +8%
Jones Financial Companies
43
Jones Financial Companies
Missouri
$22.8M +$13.1M +297,586 +147%
OIA
44
OneDigital Investment Advisors
Kansas
$22.4M +$7.46M +170,019 +53%
BTWM
45
Baker Tilly Wealth Management
Wisconsin
$21M +$3.36M +76,437 +20%
Truist Financial
46
Truist Financial
North Carolina
$20.4M -$1.31M -29,862 -6%
Baird Financial Group
47
Baird Financial Group
Wisconsin
$19.9M +$1.38M +31,363 +8%
TCM
48
Towneley Capital Management
California
$19.6M +$139K +3,168 +0.7%
CFG
49
Cooper Financial Group
California
$19.5M +$677K +15,423 +4%
M&T Bank
50
M&T Bank
New York
$18.3M +$9.1M +207,193 +107%
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PVAL Hedge Fund Activity: Q4 2025 in Review

260 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q4 2025, worth a combined $5.88B — up 48% from $3.98B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new PVAL positions and 6 closed out — a net gain of 62 holders — while 156 added to existing stakes and 24 trimmed.

The largest buyer was Bank of America, adding an estimated $517M. The largest seller was D.A. Davidson & Co, cutting an estimated $3.08M.

  • 260 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q4 2025, up from 200 in Q3 2025.
  • Funds reported $5.88B of Putnam Focused Large Cap Value ETF stock for Q4 2025, up 48% quarter-over-quarter.
  • 68 funds opened new Putnam Focused Large Cap Value ETF positions in Q4 2025 and 6 closed out, a net change of +62 holders.
  • The largest Putnam Focused Large Cap Value ETF buyer in Q4 2025 was Bank of America, an estimated $517M added.
  • The largest Putnam Focused Large Cap Value ETF seller in Q4 2025 was D.A. Davidson & Co, an estimated $3.08M sold.

Based on aggregated 13F filings for Q4 2025.