PUTNAM MASTER INTER INCOME T PIM
SH BEN INT · Closed-End Fund · CUSIP 746909100
54
institutional holders
+1 vs Q2 2023
24.9m
shares reported held*
$75.2mreported value*
5 new
14 added
13 reduced
4 sold out
net bought ≈ $3.1m (+1.0m 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 ($55.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.02.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 45 |
| Q4 2022 | 50 |
| Q1 2023 | 50 |
| Q2 2023 | 53 |
| Q3 2023 | 54 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 22 | 15 |
| Q1 2023 | 22 | 14 |
| Q2 2023 | 21 | 15 |
| Q3 2023 | 19 | 17 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +1.3m |
| Allspring Global Investments Holdings, LLC | Added | +147.2k |
| Consolidated Portfolio Review Corp | Added | +87.7k |
| FINANCIAL COUNSELORS INC | New | +75.7k |
| MELFA WEALTH MANAGEMENT, INC. | Added | +68.3k |
| MORGAN STANLEY | Added | +29.1k |
| XTX Topco Ltd | New | +24.9k |
| JANE STREET GROUP, LLC | New | +20.3k |
| Moors & Cabot, Inc. | Added | +15.5k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | New | +12.8k |
Biggest sellers
| ENVESTNET ASSET MANAGEMENT INC | Sold out | -221.1k |
| Transform Wealth, LLC | Reduced | -168.0k |
| Thomas J. Herzfeld Advisors, Inc. | Reduced | -149.1k |
| Invesco Ltd. | Reduced | -103.2k |
| Shaker Financial Services, LLC | Reduced | -79.7k |
| NewEdge Advisors, LLC | Reduced | -31.7k |
| CreativeOne Wealth, LLC | Sold out | -26.8k |
| CLOUGH CAPITAL PARTNERS L P | Reduced | -24.5k |
| Perigon Wealth Management, LLC | Sold out | -13.0k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -4.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SIT INVESTMENT ASSOCIATES INC 13G · institution +1.0 pts · filed 2026-10-01 | 48.2% |
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 3 | $3.0k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $998 | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.65% of their portfolio | 19.9m $60.1m | Added +1.3m |
| 1607 Capital Partners, LLC 0.28% of their portfolio | 1.2m $3.7m | Unchanged |
| Karpus Management, Inc. 0.09% of their portfolio | 854.8k $2.6m | Reduced -3.5k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 573.6k $1.7m | Added +147.2k |
| Invesco Ltd. 0.00% of their portfolio | 282.6k $853.5k | Reduced -103.2k |
| Transform Wealth, LLC 0.06% of their portfolio | 195.2k $593.9k | Reduced -168.0k |
| MORGAN STANLEY 0.00% of their portfolio | 193.3k $583.7k | Added +29.1k |
| GILL CAPITAL PARTNERS, LLC 0.23% of their portfolio | 173.4k $523.7k | Added +23 |
| Penbrook Management LLC 0.37% of their portfolio | 167.0k $504.2k | Unchanged |
| Consolidated Portfolio Review Corp 0.09% of their portfolio | 128.3k $387.4k | Added +87.7k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 96.9k $292.6k | Reduced -31.7k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 92.0k $278.0k | Added +313 |
| MELFA WEALTH MANAGEMENT, INC. 0.27% of their portfolio | 81.1k $244.8k | Added +68.3k |
| HUB Investment Partners, LLC 0.04% of their portfolio | 78.7k $237.5k | Added +449 |
| FINANCIAL COUNSELORS INC 0.00% of their portfolio | 75.7k $228.7k | New |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 66.3k $200.1k | Unchanged |
| Moors & Cabot, Inc. 0.01% of their portfolio | 66.0k $199.3k | Added +15.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 65.5k $198.0k | Reduced -4.8k |
| CLOUGH CAPITAL PARTNERS L P 0.02% of their portfolio | 61.4k $185.4k | Reduced -24.5k |
| LPL Financial LLC 0.00% of their portfolio | 50.4k $152.2k | Reduced -949 |
| TRANSCEND CAPITAL ADVISORS, LLC 0.01% of their portfolio | 46.6k $140.7k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.05% of their portfolio | 39.7k $119.8k | Reduced -149.1k |
| UBS Group AG 0.00% of their portfolio | 38.9k $117.3k | Reduced -3.6k |
| Fortitude Advisory Group L.L.C. 0.07% of their portfolio | 34.9k $105.3k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.1k $96.8k | Added +11.8k |
| XTX Topco Ltd 0.01% of their portfolio | 24.9k $75.1k | New |
| Quarry LP 0.05% of their portfolio | 24.4k $73.7k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 22.3k $68.0k | Unchanged |
| Bard Financial Services, Inc. 0.01% of their portfolio | 21.5k $65.1k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 20.3k $61.4k | New |
| Shaker Financial Services, LLC 0.03% of their portfolio | 19.2k $58.5k | Reduced -79.7k |
| Dakota Wealth Management 0.00% of their portfolio | 18.5k $55.9k | Unchanged |
| Koshinski Asset Management, Inc. 0.01% of their portfolio | 15.3k $46.3k | Unchanged |
| WealthTrust Axiom LLC 0.02% of their portfolio | 15.1k $45.6k | Reduced -2.0k |
| FIRST FOUNDATION ADVISORS 0.00% of their portfolio | 15.0k $45.3k | Unchanged |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 14.6k $44.0k | Added +173 |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 14.3k $43.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 13.5k $40.9k | Added +7.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio | 12.8k $38.6k | New |
| Key Financial Inc 0.01% of their portfolio | 11.9k $35.9k | Unchanged |
| SHUFRO ROSE & CO LLC 0.00% of their portfolio | 11.0k $33.2k | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 7.6k $23.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 6.2k $18.7k | Reduced -250 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 5.1k $15.5k | Added +132 |
| COMERICA BANK 0.00% of their portfolio | 3.0k $9.1k | New |
| Farmers & Merchants Trust Co of Chambersburg PA 0.01% of their portfolio | 3.0k $9.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.2k $7.0k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1k $3.2k | Reduced -877 |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 947 $2.9k | Added +19 |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 500 $1.0k | Unchanged |
| Savior LLC 0.01% of their portfolio | 452 $1.4k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 400 $1.2k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 186 $1.0k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |