Vault-13

PUTNAM MASTER INTER INCOME T PIM

SH BEN INT · Closed-End Fund · CUSIP 746909100

61 institutional holders +1 vs Q3 2025
26,711,27526.7m shares reported held*
$89.2mreported value*
8 new 14 added 14 reduced 7 sold out net sold ≈ $795.6k (-238.2k 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 ($92.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.34.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 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: 60Q4 25: 6161Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 202561

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 19 bought or addedQ1 24: 19 cut or sold outQ2 24: 21 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 20 cut or sold outQ4 24: 30 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 24 bought or addedQ1 25: 16 cut or sold outQ2 25: 24 bought or addedQ2 25: 20 cut or sold outQ2 25Q3 25: 31 bought or addedQ3 25: 20 cut or sold outQ4 25: 22 bought or addedQ4 25: 21 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241919
Q2 20242115
Q3 20241520
Q4 20243013
Q1 20252416
Q2 20252420
Q3 20253120
Q4 20252221

Biggest buyers

PVG ASSET MANAGEMENT CORP Added +444,177+444.2k
Summit Financial, LLC Added +398,831+398.8k
Focus Partners Wealth New +189,725+189.7k
ENVESTNET ASSET MANAGEMENT INC Added +168,548+168.5k
ECLECTIC ASSOCIATES INC /ADV New +53,581+53.6k
Vestmark Advisory Solutions, Inc. New +27,700+27.7k
Blue Trust, Inc. New +25,260+25.3k
Integrity Advisory Solutions, LLC New +21,899+21.9k
Atria Investments, Inc New +16,087+16.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. New +13,615+13.6k

Biggest sellers

SIT INVESTMENT ASSOCIATES INC Reduced -761,587-761.6k
Consolidated Portfolio Review Corp Sold out -367,187-367.2k
NorthCoast Asset Management LLC Sold out -189,725-189.7k
1607 Capital Partners, LLC Reduced -75,230-75.2k
STIFEL FINANCIAL CORP Reduced -70,628-70.6k
MORGAN STANLEY Reduced -42,358-42.4k
INVICTUS PRIVATE WEALTH, LLC Reduced -34,870-34.9k
Thrivent Financial for Lutherans Sold out -32,813-32.8k
COLDSTREAM CAPITAL MANAGEMENT INC Sold out -22,222-22.2k
Northstar Financial Companies, Inc. Sold out -20,245-20.2k

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 Q4 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
101Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 1 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20241—0——
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 1.49% of their portfolio Minneapolis, MN 22,729,28822.7m $75.9m $75.9m 1.49% Reduced -761.6k -761,587
2 Summit Financial, LLC 0.03% of their portfolio PARSIPPANY, NJ 592,051592.1k $2.0m $2.0m 0.03% Added +398.8k +398,831
3 PVG ASSET MANAGEMENT CORP 3.43% of their portfolio GOLDEN, CO 482,759482.8k $1.6m $1.6m 3.43% Added +444.2k +444,177
4 1607 Capital Partners, LLC 0.08% of their portfolio Richmond, VA 342,922342.9k $1.1m $1.1m 0.08% Reduced -75.2k -75,230
5 SHEETS SMITH WEALTH MANAGEMENT 0.09% of their portfolio WINSTON-SALEM, NC 241,227241.2k $805.7k $805.7k 0.09% Unchanged
6 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 226,015226.0k $754.9k $754.9k 0.00% Added +168.5k +168,548
7 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 189,725189.7k $633.7k $633.7k 0.00% New
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 172,669172.7k $576.7k $576.7k 0.00% Reduced -42.4k -42,358
9 Penbrook Management LLC 0.34% of their portfolio NEW YORK, NY 147,063147.1k $491.2k $491.2k 0.34% Unchanged
10 GILL CAPITAL PARTNERS, LLC 0.14% of their portfolio DENVER, CO 137,896137.9k $460.6k $460.6k 0.14% Added +1.7k +1,718
11 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 131,773131.8k $440.0k $440.0k 0.00% Reduced -3.3k -3,291
12 WealthTrust Axiom LLC 0.09% of their portfolio WAYNE, PA 108,000108.0k $360.7k $360.7k 0.09% Added +11.0k +11,000
13 MELFA WEALTH MANAGEMENT, INC. 0.16% of their portfolio WESTBOROUGH, MA 80,92580.9k $270.3k $270.3k 0.16% Unchanged
14 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 79,53079.5k $265.6k $265.6k 0.00% Reduced -2.0k -2,010
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 70,39670.4k $235.1k $235.1k 0.00% Reduced -735 -735
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 68,71968.7k $229.0k $229.0k 0.00% Reduced -2.2k -2,218
17 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 66,27266.3k $221.3k $221.3k 0.00% Unchanged
18 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 62,53062.5k $208.8k $208.8k 0.00% Added +247 +247
19 Mezzasalma Advisors, LLC 0.04% of their portfolio TINTON FALLS, NJ 53,62953.6k $178.3k $178.3k 0.04% Reduced -2.4k -2,431
20 ECLECTIC ASSOCIATES INC /ADV 0.03% of their portfolio FULLERTON, CA 53,58153.6k $179.0k $179.0k 0.03% New
21 Fortitude Advisory Group L.L.C. 0.07% of their portfolio GIG HARBOR, WA 52,81952.8k $176.4k $176.4k 0.07% Unchanged
22 Ethos Financial Group, LLC 0.01% of their portfolio KING OF PRUSSIA, PA 46,65946.7k $155.8k $155.8k 0.01% Reduced -6.0k -6,029
23 Weaver Consulting Group 0.03% of their portfolio HUNTINGTON BEACH, CA 42,00042.0k $140.3k $140.3k 0.03% Added +7.0k +7,000
24 INVICTUS PRIVATE WEALTH, LLC 0.01% of their portfolio Denver, CO 42,00042.0k $140.3k $140.3k 0.01% Reduced -34.9k -34,870
25 HUB Investment Partners, LLC 0.00% of their portfolio AUSTIN, TX 41,25241.3k $137.8k $137.8k 0.00% Added +101 +101
26 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 39,84739.8k $133.1k $133.1k 0.00% Added +2.5k +2,544
27 COMERICA BANK 0.00% of their portfolio DALLAS, TX 35,09235.1k $117.2k $117.2k 0.00% Unchanged
28 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 29,50029.5k $98.5k $98.5k 0.00% Added +13.5k +13,500
29 Vestmark Advisory Solutions, Inc. 0.00% of their portfolio Wakefield, MA 27,70027.7k $92.5k $92.5k 0.00% New
30 ELEVATION POINT WEALTH PARTNERS, LLC 0.00% of their portfolio DENVER, CO 27,70027.7k $92.5k $92.5k 0.00% Unchanged
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 26,08826.1k $87.1k $87.1k 0.00% Added +3.0k +3,039
32 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 25,26025.3k $84.4k $84.4k 0.00% New
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 23,18423.2k $77.4k $77.4k 0.00% Reduced -2.4k -2,400
34 Integrity Advisory Solutions, LLC 0.01% of their portfolio DALLAS, TX 21,89921.9k $73.1k $73.1k 0.01% New
35 Balefire, LLC 0.01% of their portfolio DALLAS, TX 21,12021.1k $70.5k $70.5k 0.01% Added +61 +61
36 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 20,65920.7k $69.0k $69.0k 0.00% Unchanged
37 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,00817.0k $57.0k $57.0k 0.00% Unchanged
38 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 16,85216.9k $56.3k $56.3k 0.00% Reduced -70.6k -70,628
39 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 16,08716.1k $53.7k $53.7k 0.00% New
40 Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio HARRISONBURG, VA 14,30014.3k $47.8k $47.8k 0.01% Unchanged
41 Koshinski Asset Management, Inc. 0.00% of their portfolio DECATUR, IL 14,00014.0k $46.8k $46.8k 0.00% Unchanged
42 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio Englewood, NJ 13,61513.6k $45.5k $45.5k 0.00% New
43 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 13,00013.0k $43.4k $43.4k 0.00% Added +3.0k +3,000
44 SHUFRO ROSE & CO LLC 0.00% of their portfolio NEW YORK, NY 11,00011.0k $36.7k $36.7k 0.00% Unchanged
45 Chicago Partners Investment Group LLC 0.00% of their portfolio CHICAGO, IL 10,60010.6k $34.9k $34.9k 0.00% Unchanged
46 Gridiron Partners, LLC 0.02% of their portfolio Wexford, PA 10,50710.5k $35.1k $35.1k 0.02% Unchanged
47 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 9,5009.5k $31.7k $31.7k 0.01% Unchanged
48 Global Wealth Strategies & Associates 0.01% of their portfolio DENVER, CO 9,2209.2k $30.8k $30.8k 0.01% Unchanged
49 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 6,0006.0k $20.0k $20.0k 0.00% Added +1.0k +1,000
50 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 4,8854.9k $16.3k $16.3k 0.00% Unchanged
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,6174.6k $15.4k $15.4k 0.00% Reduced -729 -729
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,2153.2k $10.7k $10.7k 0.00% Reduced -339 -339
53 Measured Wealth Private Client Group, LLC 0.00% of their portfolio PORTSMOUTH, NH 2,5002.5k $8.3k $8.3k 0.00% Unchanged
54 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 649649 $2.2k $2.2k 0.00% Unchanged
55 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 600600 $2.0k $2.0k 0.00% Unchanged
56 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 400400 $1.3k $1.3k 0.00% Unchanged
57 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 339339 $1.1k $1.1k 0.00% Unchanged
58 FINANCIAL CONSULATE, INC 0.00% of their portfolio HUNT VALLEY, MD 200200 $668 $668 0.00% Unchanged
59 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 130130 $434 $434 0.00% New
60 Hilton Head Capital Partners, LLC 0.00% of their portfolio HILTON HEAD ISLAND, SC 22 $7 $7 0.00% First filing
61 Greenline Wealth Management LLC 0.00% of their portfolio BOCA RATON, FL 00 $0 $0 0.00% First filing