PUTNAM MASTER INTER INCOME T PIM
SH BEN INT · Closed-End Fund · CUSIP 746909100
55
institutional holders
+1 vs Q3 2023
26.0m
shares reported held*
$82.9mreported value*
8 new
18 added
11 reduced
9 sold out
net bought ≈ $3.4m (+1.1m 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 ≈ $3.19.
Trends to Q4 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 |
| Q4 2023 | 55 |
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 |
| Q4 2023 | 26 | 20 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +863.6k |
| MORGAN STANLEY | Added | +182.1k |
| Allspring Global Investments Holdings, LLC | Added | +169.9k |
| Consolidated Portfolio Review Corp | Added | +115.3k |
| 1607 Capital Partners, LLC | Added | +92.4k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Added | +32.9k |
| NewEdge Advisors, LLC | Added | +24.5k |
| COLDSTREAM CAPITAL MANAGEMENT INC | New | +20.0k |
| RAYMOND JAMES & ASSOCIATES | New | +14.2k |
| IFG Advisory, LLC | New | +10.8k |
Biggest sellers
| Invesco Ltd. | Reduced | -91.8k |
| FINANCIAL COUNSELORS INC | Sold out | -75.7k |
| Moors & Cabot, Inc. | Reduced | -56.0k |
| Thomas J. Herzfeld Advisors, Inc. | Sold out | -39.7k |
| CLOUGH CAPITAL PARTNERS L P | Reduced | -33.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -32.1k |
| Karpus Management, Inc. | Reduced | -24.8k |
| Quarry LP | Sold out | -24.4k |
| HighTower Advisors, LLC | Sold out | -22.3k |
| JANE STREET GROUP, LLC | Sold out | -20.3k |
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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.62% of their portfolio | 20.8m $66.2m | Added +863.6k |
| 1607 Capital Partners, LLC 0.29% of their portfolio | 1.3m $4.2m | Added +92.4k |
| Karpus Management, Inc. 0.08% of their portfolio | 830.0k $2.6m | Reduced -24.8k |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 743.4k $2.4m | Added +169.9k |
| MORGAN STANLEY 0.00% of their portfolio | 375.3k $1.2m | Added +182.1k |
| Consolidated Portfolio Review Corp 0.18% of their portfolio | 243.5k $776.9k | Added +115.3k |
| Transform Wealth, LLC 0.06% of their portfolio | 200.2k $639.5k | Added +5.0k |
| Invesco Ltd. 0.00% of their portfolio | 190.8k $608.8k | Reduced -91.8k |
| GILL CAPITAL PARTNERS, LLC 0.24% of their portfolio | 175.4k $559.5k | Added +2.0k |
| Penbrook Management LLC 0.32% of their portfolio | 150.0k $478.4k | Reduced -17.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 121.4k $389.9k | Added +24.5k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 86.4k $276.0k | Reduced -5.5k |
| HUB Investment Partners, LLC 0.02% of their portfolio | 78.9k $251.8k | Added +266 |
| MELFA WEALTH MANAGEMENT, INC. 0.22% of their portfolio | 73.8k $235.4k | Reduced -7.3k |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 66.3k $211.4k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 65.7k $210.0k | Added +239 |
| LPL Financial LLC 0.00% of their portfolio | 48.2k $153.7k | Reduced -2.2k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.01% of their portfolio | 46.6k $148.7k | Unchanged |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio | 45.7k $145.7k | Added +32.9k |
| UBS Group AG 0.00% of their portfolio | 35.6k $113.7k | Reduced -3.2k |
| Fortitude Advisory Group L.L.C. 0.07% of their portfolio | 34.9k $111.3k | Unchanged |
| CLOUGH CAPITAL PARTNERS L P 0.01% of their portfolio | 27.5k $87.7k | Reduced -33.9k |
| Shaker Financial Services, LLC 0.03% of their portfolio | 24.3k $78.0k | Added +5.0k |
| Bard Financial Services, Inc. 0.01% of their portfolio | 21.5k $68.7k | Unchanged |
| COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio | 20.0k $63.8k | New |
| Dakota Wealth Management 0.00% of their portfolio | 18.5k $59.1k | Unchanged |
| WealthTrust Axiom LLC 0.02% of their portfolio | 15.1k $48.1k | Unchanged |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 14.8k $47.1k | Added +186 |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 14.3k $45.6k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 14.2k $45.3k | New |
| Key Financial Inc 0.01% of their portfolio | 11.9k $37.9k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 11.3k $36.0k | Reduced -13.6k |
| SHUFRO ROSE & CO LLC 0.00% of their portfolio | 11.0k $33.2k | Unchanged |
| IFG Advisory, LLC 0.00% of their portfolio | 10.8k $34.3k | New |
| INVESTORS ASSET MANAGEMENT OF GEORGIA INC /GA/ /ADV 0.02% of their portfolio | 10.6k $33.6k | New |
| Gridiron Partners, LLC 0.02% of their portfolio | 10.5k $33.5k | First filing |
| Moors & Cabot, Inc. 0.00% of their portfolio | 10.0k $31.9k | Reduced -56.0k |
| WealthShield Partners, LLC 0.01% of their portfolio | 10.0k $31.9k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 9.4k $30.1k | Reduced -4.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.3k $26.5k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.9k $25.3k | Added +1.7k |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 7.6k $24.3k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 5.3k $16.8k | Added +132 |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 4.9k $15.6k | First filing |
| Farmers & Merchants Trust Co of Chambersburg PA 0.01% of their portfolio | 4.5k $14.0k | Added +1.5k |
| COMERICA BANK 0.00% of their portfolio | 3.0k $9.6k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.2k $7.0k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 2.0k $6.4k | New |
| Planned Solutions, Inc. 0.00% of their portfolio | 1.7k $5.5k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1k $3.4k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 968 $3.1k | Added +21 |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 500 $1.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 400 $1.3k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 187 $1.0k | Added +1 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |