Vault-13

PUTNAM ETF TRUST PBDC

BDC INCOME ETF · ETP · CUSIP 746729508

41 institutional holders +4 vs Q4 2024
1,344,8051.3m shares reported held*
$46.6mreported value*
6 new 20 added 11 reduced 3 sold out net bought ≈ $5.9m (+169.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $34.64.

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 3Q4 22: 5Q1 23: 6Q2 23: 5Q3 23: 12Q4 23: 19Q1 24: 26Q2 24: 23Q3 24: 29Q4 24: 37Q1 25: 4141Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 20223
Q4 20225
Q1 20236
Q2 20235
Q3 202312
Q4 202319
Q1 202426
Q2 202423
Q3 202429
Q4 202437
Q1 202541

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q2 23: 3 bought or addedQ2 23: 4 cut or sold outQ3 23: 10 bought or addedQ3 23: 0 cut or sold outQ3 23Q4 23: 14 bought or addedQ4 23: 2 cut or sold outQ1 24: 23 bought or addedQ1 24: 6 cut or sold outQ1 24Q2 24: 18 bought or addedQ2 24: 10 cut or sold outQ3 24: 19 bought or addedQ3 24: 10 cut or sold outQ3 24Q4 24: 25 bought or addedQ4 24: 8 cut or sold outQ1 25: 26 bought or addedQ1 25: 14 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202334
Q3 2023100
Q4 2023142
Q1 2024236
Q2 20241810
Q3 20241910
Q4 2024258
Q1 20252614

Biggest buyers

CONDOR CAPITAL MANAGEMENT Added +60,686+60.7k
INDEPENDENT FINANCIAL GROUP, LLC Added +48,845+48.8k
RFG Advisory, LLC Added +25,511+25.5k
NFSG Corp Added +11,886+11.9k
Allspring Global Investments Holdings, LLC New +9,400+9.4k
Wealthcare Advisory Partners LLC Added +8,516+8.5k
Corient Private Wealth LP Added +7,922+7.9k
GUIDANCE CAPITAL, INC New +6,931+6.9k
OSAIC HOLDINGS, INC. Added +6,625+6.6k
CITADEL ADVISORS LLC Added +3,952+4.0k

Biggest sellers

3EDGE Asset Management, LP Reduced -15,941-15.9k
Prosperity Financial Group, Inc. Reduced -11,493-11.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -3,806-3.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -3,340-3.3k
MML INVESTORS SERVICES, LLC Reduced -3,283-3.3k
Evolution Wealth Advisors, LLC Reduced -2,665-2.7k
ROYAL BANK OF CANADA Sold out -2,033-2.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -969-969
Able Wealth Management LLC Reduced -592-592
CWM, LLC Reduced -450-450

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Evolution Wealth Advisors, LLC 0.77% of their portfolio AVENTURA, FL 132,620132.6k $4.6m $4.6m 0.77% Reduced -2.7k -2,665
2 CONDOR CAPITAL MANAGEMENT 0.41% of their portfolio MARTINSVILLE, NJ 127,783127.8k $4.4m $4.4m 0.41% Added +60.7k +60,686
3 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 117,493117.5k $4.1m $4.1m 0.00% Added +1.8k +1,816
4 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 99,45499.5k $3.4m $3.4m 0.00% Reduced -3.8k -3,806
5 Stonebridge Financial Planning Group, LLC 1.36% of their portfolio ORLANDO, FL 85,90285.9k $3.0m $3.0m 1.36% Added +3.1k +3,121
6 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 62,02862.0k $2.1m $2.1m 0.00% Added +7.9k +7,922
7 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 60,03160.0k $2.1m $2.1m 0.02% Added +1.2k +1,175
8 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 57,83957.8k $2.0m $2.0m 0.01% Added +3.0k +2,973
9 INDEPENDENT FINANCIAL GROUP, LLC 0.07% of their portfolio SAN DIEGO, CA 57,83657.8k $2.0m $2.0m 0.07% Added +48.8k +48,845
10 NFSG Corp 0.47% of their portfolio BOCA RATON, FL 56,34256.3k $2.0m $2.0m 0.47% Added +11.9k +11,886
11 RFG Advisory, LLC 0.05% of their portfolio BIRMINGHAM, AL 52,36552.4k $1.8m $1.8m 0.05% Added +25.5k +25,511
12 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 48,77748.8k $1.7m $1.7m 0.00% Added +1.6k +1,555
13 Prosperity Financial Group, Inc. 0.77% of their portfolio San Ramon, CA 44,72044.7k $1.5m $1.5m 0.77% Reduced -11.5k -11,493
14 SMITH, MOORE & CO. 0.12% of their portfolio CLAYTON, MO 38,51138.5k $1.3m $1.3m 0.12% Added +99 +99
15 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 37,66537.7k $1.3m $1.3m 0.04% Added +8.5k +8,516
16 3EDGE Asset Management, LP 0.08% of their portfolio Naples, FL 31,90431.9k $1.1m $1.1m 0.08% Reduced -15.9k -15,941
17 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 31,83931.8k $1.1m $1.1m 0.00% Added +183 +183
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 26,75326.8k $928.0k $928.0k 0.00% Added +6.6k +6,625
19 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 19,85619.9k $688.2k $688.2k 0.00% Added +2.7k +2,726
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,03416.0k $555.7k $555.7k 0.00% Reduced -3.3k -3,340
21 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 13,79113.8k $478.0k $478.0k 0.00% Added +1.4k +1,438
22 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,90412.9k $447.0k $447.0k 0.00% Reduced -3.3k -3,283
23 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.06% of their portfolio CONCORD, MA 12,02312.0k $417.6k $417.6k 0.06% Reduced -352 -352
24 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 11,83311.8k $410.1k $410.1k 0.01% Reduced -153 -153
25 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 10,77510.8k $373.5k $373.5k 0.01% Added +3.7k +3,704
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 10,21710.2k $354.1k $354.1k 0.00% Added +4.0k +3,952
27 Brookwood Investment Group LLC 0.06% of their portfolio PHOENIX, AZ 9,9509.9k $344.9k $344.9k 0.06% First filing
28 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 9,4009.4k $325.8k $325.8k 0.00% New
29 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 9,1429.1k $314.7k $314.7k 0.01% Unchanged
30 CWM, LLC 0.00% of their portfolio OMAHA, NE 8,9138.9k $309.0k $309.0k 0.00% Reduced -450 -450
31 Able Wealth Management LLC 0.17% of their portfolio Toms River, NJ 8,2938.3k $287.4k $287.4k 0.17% Reduced -592 -592
32 Advyzon Investment Management, LLC 0.09% of their portfolio LISLE, IL 7,7247.7k $267.7k $267.7k 0.09% Added +1.8k +1,829
33 GUIDANCE CAPITAL, INC 0.07% of their portfolio LOUSVILLE, KY 6,9316.9k $219.6k $219.6k 0.07% New
34 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,4003.4k $117.8k $117.8k 0.00% Unchanged
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,3892.4k $82.8k $82.8k 0.00% New
36 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,0521.1k $36.0k $36.0k 0.00% Added +1.1k +1,051
37 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 187187 $6.5k $6.5k 0.00% New
38 AMERIFLEX GROUP, INC. 0.00% of their portfolio LAS VEGAS, NV 125125 $4.3k $4.3k 0.00% New
39 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 33 $104 $104 0.00% New
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $64 $64 0.00% Reduced -300 -300
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged