Putnam Focused Large Cap Value ETF
PVAL
381 hedge funds and large institutions have $10B invested in Putnam Focused Large Cap Value ETF in 2026 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 207 increasing their positions, 61 reducing their positions, and 18 closing their positions.
389% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 18
239% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 61
35% more capital invested
Capital invested by funds: $7.47B → $10B (+$2.58B)
21% more funds holding
Funds holding: 315 → 381 (+66)
0% more funds holding in top 10
Funds holding in top 10: 49 → 49 (0)
0% more ownership
Funds ownership: 85.67% → 85.67% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$434M |
| 2 |
Morgan Stanley
New York
|
+$168M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$116M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$106M |
| 5 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$74.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMM
Piedmont Capital Management (Montana)
Whitefish,
Montana
|
-$22.8M |
| 2 |
EC
Elequin Capital
New York
|
-$19.9M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$8.78M |
| 4 |
WC
Weil Company
San Diego,
California
|
-$7.22M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$6.58M |
PVAL Hedge Fund Activity: Q2 2026 in Review
381 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Putnam Focused Large Cap Value ETF (PVAL) for Q2 2026, worth a combined $10B — up 35% from $7.47B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new PVAL positions and 18 closed out — a net gain of 70 holders — while 207 added to existing stakes and 61 trimmed.
The largest buyer was LPL Financial, adding an estimated $434M. The largest seller was Piedmont Capital Management (Montana), exiting entirely with an estimated $22.8M sold.
- 381 institutional investors held Putnam Focused Large Cap Value ETF (PVAL) as of Q2 2026, up from 315 in Q1 2026.
- Funds reported $10B of Putnam Focused Large Cap Value ETF stock for Q2 2026, up 35% quarter-over-quarter.
- 88 funds opened new Putnam Focused Large Cap Value ETF positions in Q2 2026 and 18 closed out, a net change of +70 holders.
- The largest Putnam Focused Large Cap Value ETF buyer in Q2 2026 was LPL Financial, an estimated $434M added.
- The largest Putnam Focused Large Cap Value ETF seller in Q2 2026 was Piedmont Capital Management (Montana), an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2026.