We are live on ! Find out more
PVAL icon

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
Bank of America
1
Bank of America
North Carolina
$1.1B +$517M +11,785,315 +95%
Morgan Stanley
2
Morgan Stanley
New York
$436M +$83.7M +1,906,373 +25%
Cetera Investment Advisers
3
Cetera Investment Advisers
Illinois
$312M +$65.2M +1,484,571 +28%
CFB
4
Cullen/Frost Bankers
Texas
$312M +$44.3M +1,009,485 +17%
GT
5
Glenmede Trust
Pennsylvania
$293M +$282M +6,419,487 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$234M +$10.3M +234,950 +5%
UBS Group
7
UBS Group
Switzerland
$230M +$17.9M +408,248 +9%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$210M +$18M +410,945 +10%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$185M +$6.22M +141,668 +4%
Carson Wealth (CWM LLC)
10
Carson Wealth (CWM LLC)
Nebraska
$148M +$8.57M +195,140 +6%
Corient Private Wealth
11
Corient Private Wealth
Florida
$100M +$69.2M +1,577,510 +253%
Stifel Financial
12
Stifel Financial
Missouri
$98.4M +$1.38M +31,526 +1%
AWA
13
Amplius Wealth Advisors
Pennsylvania
$93M +$1.45M +32,925 +2%
MWM
14
Modern Wealth Management
Kansas
$90.5M +$34.6M +788,744 +66%
AFG
15
Allegheny Financial Group
Pennsylvania
$90.3M +$24.7M +561,590 +40%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$71.6M +$20.5M +467,121 +42%
OWA
17
Opal Wealth Advisors
New York
$70.2M +$1.15M +26,158 +2%
Wells Fargo
18
Wells Fargo
California
$69.8M +$30.3M +689,527 +82%
HighTower Advisors
19
HighTower Advisors
Illinois
$56M +$1.7M +38,758 +3%
OBWA
20
Oak Barrel Wealth Advisory
Virginia
$54.3M +$52.3M +1,190,955 New
Wealth Enhancement Advisory Services
21
Wealth Enhancement Advisory Services
Minnesota
$47.5M +$801K +18,241 +2%
SA
22
Sanctuary Advisors
Indiana
$45.4M +$2.72M +61,941 +7%
AA
23
Auctus Advisors
North Carolina
$43.6M +$42M +956,522 New
KAS
24
Kestra Advisory Services
Texas
$43.5M +$14.2M +323,086 +51%
CAL
25
Capital Analysts LLC
Pennsylvania
$42.7M +$5.08M +115,801 +14%
1
2 3 4 5

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.