Putnam Focused Large Cap Value ETF
PVAL
315 hedge funds and large institutions have $7.45B invested in Putnam Focused Large Cap Value ETF in 2026 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 181 increasing their positions, 36 reducing their positions, and 21 closing their positions.
403% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 36
276% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 21
48% more funds holding in top 10
Funds holding in top 10: 33 → 49 (+16)
28% more capital invested
Capital invested by funds: $5.83B → $7.45B (+$1.62B)
21% more funds holding
Funds holding: 261 → 315 (+54)
2.92% less ownership
Funds ownership: 88.41% → 85.48% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$553M |
| 2 |
Morgan Stanley
New York
|
+$215M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$72.6M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$70M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$54.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$35.2M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$33.8M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$14.8M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$8.9M |
| 5 |
DAS
Diversify Advisory Services
Sandy,
Utah
|
-$7.99M |
PVAL Hedge Fund Activity: Q1 2026 in Review
315 of the 8,177 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q1 2026, worth a combined $7.45B — up 28% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new PVAL positions and 21 closed out — a net gain of 58 holders — while 181 added to existing stakes and 36 trimmed.
The largest buyer was Bank of America, adding an estimated $553M. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $35.2M sold.
- 315 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q1 2026, up from 261 in Q4 2025.
- Funds reported $7.45B of Putnam Focused Large Cap Value ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 79 funds opened new Putnam Focused Large Cap Value ETF positions in Q1 2026 and 21 closed out, a net change of +58 holders.
- The largest Putnam Focused Large Cap Value ETF buyer in Q1 2026 was Bank of America, an estimated $553M added.
- The largest Putnam Focused Large Cap Value ETF seller in Q1 2026 was Thrivent Financial for Lutherans, an estimated $35.2M sold.
Based on aggregated 13F filings for Q1 2026.