Vault-13

PUTNAM MASTER INTER INCOME T PIM

SH BEN INT · Closed-End Fund · CUSIP 746909100

60 institutional holders +1 vs Q2 2025
28,100,99828.1m shares reported held*
$96.7mreported value*
11 new 20 added 12 reduced 8 sold out net bought ≈ $1.5m (+432.5k 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 ≈ $3.44.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 50Q1 23: 50Q2 23: 53Q3 23: 54Q4 23: 55Q1 24: 47Q2 24: 49Q3 24: 47Q4 24: 57Q1 25: 59Q2 25: 59Q3 25: 6060Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202245
Q4 202250
Q1 202350
Q2 202353
Q3 202354
Q4 202355
Q1 202447
Q2 202449
Q3 202447
Q4 202457
Q1 202559
Q2 202559
Q3 202560

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 26 bought or addedQ4 23: 20 cut or sold outQ1 24: 19 bought or addedQ1 24: 19 cut or sold outQ1 24Q2 24: 21 bought or addedQ2 24: 15 cut or sold outQ3 24: 15 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 30 bought or addedQ4 24: 13 cut or sold outQ1 25: 24 bought or addedQ1 25: 16 cut or sold outQ1 25Q2 25: 24 bought or addedQ2 25: 20 cut or sold outQ3 25: 31 bought or addedQ3 25: 20 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232620
Q1 20241919
Q2 20242115
Q3 20241520
Q4 20243013
Q1 20252416
Q2 20252420
Q3 20253120

Biggest buyers

Sheets Smith Investment Management New +1,102,294+1.1m
SHEETS SMITH WEALTH MANAGEMENT New +241,227+241.2k
Summit Financial, LLC Added +160,100+160.1k
INVICTUS PRIVATE WEALTH, LLC New +76,870+76.9k
WealthTrust Axiom LLC Added +46,000+46.0k
STIFEL FINANCIAL CORP Added +44,200+44.2k
PVG ASSET MANAGEMENT CORP New +38,582+38.6k
Thrivent Financial for Lutherans New +32,813+32.8k
ELEVATION POINT WEALTH PARTNERS, LLC New +27,700+27.7k
COMERICA BANK Added +25,892+25.9k

Biggest sellers

1607 Capital Partners, LLC Reduced -604,315-604.3k
Allspring Global Investments Holdings, LLC Sold out -332,510-332.5k
Penbrook Management LLC Reduced -148,713-148.7k
SIT INVESTMENT ASSOCIATES INC Reduced -147,329-147.3k
ROYAL BANK OF CANADA Reduced -70,811-70.8k
Shaker Financial Services, LLC Sold out -60,890-60.9k
GILL CAPITAL PARTNERS, LLC Reduced -29,757-29.8k
LPL Financial LLC Reduced -20,259-20.3k
Avantax Planning Partners, Inc. Sold out -16,969-17.0k
WMG Financial Advisors, LLC Sold out -16,700-16.7k

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.

HolderStakeChangeShares Last filed
SIT INVESTMENT ASSOCIATES INC 13G · institution +1.0 pts · filed 2026-10-01 48.2% +1.0 pts 23.2m≈ $74.9m 2026-10-01

Insider purchases and sales in Q3 2025

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
101Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 1 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20241—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——

None reported in Q3 2025.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 1.64% of their portfolio Minneapolis, MN 23,490,87523.5m $80.8m $80.8m 1.64% Reduced -147.3k -147,329
2 Sheets Smith Investment Management 2.46% of their portfolio HOUSTON, TX 1,102,2941.1m $3.8m $3.8m 2.46% New
3 1607 Capital Partners, LLC 0.11% of their portfolio Richmond, VA 418,152418.2k $1.4m $1.4m 0.11% Reduced -604.3k -604,315
4 Consolidated Portfolio Review Corp 0.16% of their portfolio WOODBURY, NY 367,187367.2k $1.3m $1.3m 0.16% Added +4.0k +3,990
5 SHEETS SMITH WEALTH MANAGEMENT 0.09% of their portfolio WINSTON-SALEM, NC 241,227241.2k $829.8k $829.8k 0.09% New
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 215,027215.0k $739.7k $739.7k 0.00% Added +25.6k +25,638
7 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 193,220193.2k $664.7k $664.7k 0.01% Added +160.1k +160,100
8 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 189,725189.7k $652.7k $652.7k 0.00% Added +20.5k +20,500
9 Penbrook Management LLC 0.35% of their portfolio NEW YORK, NY 147,063147.1k $505.9k $505.9k 0.35% Reduced -148.7k -148,713
10 GILL CAPITAL PARTNERS, LLC 0.14% of their portfolio DENVER, CO 136,178136.2k $468.5k $468.5k 0.14% Reduced -29.8k -29,757
11 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 135,064135.1k $465.0k $465.0k 0.00% Reduced -105 -105
12 WealthTrust Axiom LLC 0.09% of their portfolio WAYNE, PA 97,00097.0k $333.7k $333.7k 0.09% Added +46.0k +46,000
13 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 87,48087.5k $300.9k $300.9k 0.00% Added +44.2k +44,200
14 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 81,54081.5k $280.5k $280.5k 0.00% Reduced -912 -912
15 MELFA WEALTH MANAGEMENT, INC. 0.16% of their portfolio WESTBOROUGH, MA 80,92580.9k $278.4k $278.4k 0.16% Unchanged
16 INVICTUS PRIVATE WEALTH, LLC 0.02% of their portfolio Denver, CO 76,87076.9k $264.4k $264.4k 0.02% New
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 71,13171.1k $244.7k $244.7k 0.00% Reduced -20.3k -20,259
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 70,93770.9k $244.0k $244.0k 0.00% Reduced -70.8k -70,811
19 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 66,27266.3k $228.0k $228.0k 0.00% Unchanged
20 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 62,28362.3k $214.0k $214.0k 0.00% Reduced -561 -561
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 57,46757.5k $197.7k $197.7k 0.00% Reduced -81 -81
22 Mezzasalma Advisors, LLC 0.05% of their portfolio TINTON FALLS, NJ 56,06056.1k $192.8k $192.8k 0.05% Reduced -3.5k -3,460
23 Fortitude Advisory Group L.L.C. 0.10% of their portfolio GIG HARBOR, WA 52,81952.8k $181.7k $181.7k 0.10% Unchanged
24 Ethos Financial Group, LLC 0.01% of their portfolio KING OF PRUSSIA, PA 52,68852.7k $181.2k $181.2k 0.01% Added +2.9k +2,872
25 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 41,15141.2k $141.6k $141.6k 0.01% Reduced -298 -298
26 PVG ASSET MANAGEMENT CORP 0.49% of their portfolio GOLDEN, CO 38,58238.6k $132.7k $132.7k 0.49% New
27 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 37,30337.3k $128.3k $128.3k 0.00% Added +24.5k +24,488
28 COMERICA BANK 0.00% of their portfolio DALLAS, TX 35,09235.1k $120.7k $120.7k 0.00% Added +25.9k +25,892
29 Weaver Consulting Group 0.03% of their portfolio HUNTINGTON BEACH, CA 35,00035.0k $120.4k $120.4k 0.03% Added +2.5k +2,500
30 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 32,81332.8k $113.0k $113.0k 0.00% New
31 ELEVATION POINT WEALTH PARTNERS, LLC 0.01% of their portfolio DENVER, CO 27,70027.7k $95.3k $95.3k 0.01% New
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,58425.6k $88.0k $88.0k 0.00% Added +215 +215
33 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 23,04923.0k $77.3k $77.3k 0.00% Added +1.4k +1,389
34 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 22,22222.2k $76.4k $76.4k 0.00% Added +429 +429
35 Bard Financial Services, Inc. 0.01% of their portfolio BRANFORD, CT 21,54021.5k $74.1k $74.1k 0.01% Unchanged
36 Balefire, LLC 0.01% of their portfolio DALLAS, TX 21,05921.1k $72.4k $72.4k 0.01% Added +10.6k +10,559
37 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 20,65920.7k $71.1k $71.1k 0.00% Added +478 +478
38 Northstar Financial Companies, Inc. 0.06% of their portfolio CONSHOHOCKEN, PA 20,24520.2k $69.6k $69.6k 0.06% Unchanged
39 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,00817.0k $59.0k $59.0k 0.00% Added +580 +580
40 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 16,00016.0k $55.0k $55.0k 0.00% New
41 Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio HARRISONBURG, VA 14,30014.3k $49.2k $49.2k 0.01% Unchanged
42 Koshinski Asset Management, Inc. 0.00% of their portfolio DECATUR, IL 14,00014.0k $48.2k $48.2k 0.00% Unchanged
43 SHUFRO ROSE & CO LLC 0.00% of their portfolio NEW YORK, NY 11,00011.0k $36.5k $36.5k 0.00% Unchanged
44 Chicago Partners Investment Group LLC 0.00% of their portfolio CHICAGO, IL 10,60010.6k $35.5k $35.5k 0.00% Added +69 +69
45 Gridiron Partners, LLC 0.02% of their portfolio Wexford, PA 10,50710.5k $36.1k $36.1k 0.02% Unchanged
46 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 10,00010.0k $34.4k $34.4k 0.00% Unchanged
47 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 9,5009.5k $32.5k $32.5k 0.01% Unchanged
48 Global Wealth Strategies & Associates 0.01% of their portfolio DENVER, CO 9,2209.2k $31.7k $31.7k 0.01% New
49 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 5,3465.3k $18.4k $18.4k 0.00% Added +6 +6
50 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 5,0005.0k $17.2k $17.2k 0.00% Unchanged
51 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 4,8854.9k $16.8k $16.8k 0.00% Unchanged
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,5543.6k $12.2k $12.2k 0.00% Added +12 +12
53 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 3,0673.1k $10.6k $10.6k 0.00% Unchanged
54 Measured Wealth Private Client Group, LLC 0.00% of their portfolio PORTSMOUTH, NH 2,5002.5k $8.6k $8.6k 0.00% New
55 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 840840 $2.9k $2.9k 0.00% Added +16 +16
56 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 649649 $2.2k $2.2k 0.00% Unchanged
57 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 600600 $2.1k $2.1k 0.00% New
58 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 400400 $1.4k $1.4k 0.00% Unchanged
59 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 339339 $1.2k $1.2k 0.00% Unchanged
60 FINANCIAL CONSULATE, INC 0.00% of their portfolio HUNT VALLEY, MD 200200 $688 $688 0.00% New