PUTNAM INVESTMENTS LLC
Reports for
PUTNAM ADVISORY CO LLC
PUTNAM INVESTMENT MANAGEMENT LLC
Filing Date
Global Rank
#81
/ 7,461
▲ 6
· as of Dec 2023
Top Industry
Software - Infrastructure
9.7%
Period ended 2 years ago
Filed Feb 14, 2024 · 2y
16 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2023, never from the firm's own description.
Style
Diversified active
Top 10 weight 26.8%, 66.5 effective positions, active share 49.0% against the S&P 500 as of 2023-12-31; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
21.7% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 14.8 quarters (12+), a floor since 85.0% of the book was already held when coverage starts
Closest benchmark: the S&P 500 as of 2023-12-31, active share 49.0%; sector active share 13.0% against the combined 13F book's sector weights.
Over time 16 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
1,033 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
6.9%
+0.4 pts
Top 5
18.3%
+0.1 pts
Top 10
26.8%
−1.0 pts
HHI
150
Diversified+1
Portfolio Trend
16 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 25.4% | $18,529,914,892 |
| Healthcare | 14.4% | $10,490,483,853 |
| Financial Services | 13.2% | $9,663,751,277 |
| Consumer Cyclical | 10.9% | $7,962,321,153 |
| Industrials | 8.9% | $6,463,518,331 |
| Consumer Defensive | 6.6% | $4,797,971,424 |
| Communication Services | 6.1% | $4,480,816,485 |
| Basic Materials | 4.6% | $3,379,432,688 |
| Energy | 3.6% | $2,657,725,802 |
| Utilities | 3.2% | $2,357,124,484 |
| Real Estate | 2.5% | $1,828,750,912 |
| Unclassified | 0.5% | $371,683,703 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BSX | Boston Scientific Corp | +6,859,280 | 13,067,570 | $755,436,221 | |
| CRH | Crh Public Ltd Co | +6,587,066 | 6,781,697 | $469,022,163 | |
| KO | Coca Cola Co | +2,973,234 | 12,032,095 | $709,051,358 | |
| UBER | Uber Technologies, Inc | +2,960,840 | 4,923,825 | $303,159,904 | |
| GM | General Motors Co | +2,905,689 | 20,237,820 | $726,942,494 | |
| XOM | ExxonMobil Holdings Corp | +1,901,075 | 13,301,039 | $1,329,837,879 | |
| TMUS | T-Mobile US, Inc. | +1,682,743 | 3,939,221 | $631,575,302 | |
| BALL | BALL Corp | +1,645,909 | 5,815,825 | $334,526,253 | |
| C | Citigroup Inc | +1,300,520 | 17,775,952 | $914,394,969 | |
| LUV | Southwest Airlines Co | +1,044,292 | 13,161,598 | $380,106,949 | |
| CTVA | Corteva, Inc. | +1,021,733 | 8,950,382 | $428,902,305 | |
| FDX | Fedex Corp | +798,084 | 2,893,781 | $732,039,870 | |
| AMZN | Amazon Com Inc | +747,843 | 12,809,081 | $1,946,211,767 | |
| HUM | Humana Inc | +740,858 | 875,489 | $400,807,618 | |
| ORCL | Oracle Corp | +697,961 | 12,339,385 | $1,300,941,359 | |
| IR | Ingersoll Rand Inc. | +696,610 | 9,443,792 | $730,382,872 | |
| BNY | Bank of New York Mellon Corp | +692,910 | 1,001,056 | $52,104,964 | |
| BAC | Bank Of America Corp | +631,149 | 35,462,712 | $1,194,029,512 | |
| FCX | Freeport-Mcmoran Inc | +595,395 | 16,647,339 | $708,677,221 | |
| TT | Trane Technologies plc | +570,679 | 572,730 | $139,688,846 | |
| SCHW | Schwab Charles Corp | +560,110 | 12,237,705 | $841,954,104 | |
| T | At&T Inc. | +531,379 | 1,991,231 | $33,412,855 | |
| PCG | PG&E Corp | +459,992 | 3,299,422 | $59,488,578 | |
| AMD | Advanced Micro Devices Inc | +448,271 | 3,650,991 | $538,192,582 | |
| BA | Boeing Co | +411,630 | 428,159 | $111,603,924 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ABT | Abbott Laboratories | −3,712,934 | 478,343 | $52,651,213 | |
| JCI | Johnson Controls International plc | −2,007,957 | 6,841,560 | $394,347,517 | |
| META | Meta Platforms, Inc. | −1,353,323 | 2,937,566 | $1,039,780,861 | |
| DHR | Danaher Corp | −1,312,605 | 1,444,326 | $334,130,376 | |
| ELV | Elevance Health, Inc. | −837,076 | 82,984 | $39,131,934 | |
| ACCO | ACCO BRANDS Corp | −569,193 | 70,743 | $430,116 | |
| CSX | Csx Corp | −527,962 | 114,028 | $3,953,349 | |
| EBAY | Ebay Inc | −499,468 | 148,322 | $6,469,805 | |
| AMAT | Applied Materials Inc | −463,674 | 1,031,350 | $167,150,893 | |
| PM | Philip Morris International Inc. | −417,739 | 114,277 | $10,751,179 | |
| INTU | Intuit Inc. | −409,241 | 30,555 | $19,097,790 | |
| KVUE | Kenvue Inc. | −395,279 | 10,737,376 | $231,175,705 | |
| MO | Altria Group, Inc. | −307,915 | 7,115,902 | $287,055,486 | |
| NEE | Nextera Energy Inc | −292,974 | 410,664 | $24,943,730 | |
| WSC | WillScot Holdings Corp | −284,798 | 398,172 | $17,718,654 | |
| MMYT | MakeMyTrip Ltd | −280,659 | 433,648 | $20,372,782 | |
| DXCM | Dexcom Inc | −259,028 | 2,220,074 | $275,488,981 | |
| KKR | KKR & Co. Inc. | −252,916 | 1,289,548 | $106,839,051 | |
| CMCSA | Comcast Corp | −246,633 | 6,887,558 | $302,019,179 | |
| ACN | Accenture plc | −236,011 | 2,708 | $950,264 | |
| PFE | Pfizer Inc | −226,089 | 491,568 | $14,152,242 | |
| HD | Home Depot, Inc. | −224,604 | 1,122,263 | $388,920,242 | |
| IBN | Icici Bank Ltd | −224,055 | 1,832,422 | $43,684,940 | |
| IRDM | Iridium Communications Inc. | −215,805 | 103,768 | $4,271,090 | |
| CRM | Salesforce, Inc. | −204,926 | 2,046,880 | $538,616,003 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VLTO | Veralto Corp | 502,115 | $41,303,979 | |
| LBTYA | Liberty Global Ltd. | 2,142,154 | $38,066,181 | |
| RPRX | Royalty Pharma plc | 1,105,967 | $31,066,613 | |
| DUOL | Duolingo, Inc. | 71,152 | $16,140,830 | |
| PSN | Parsons Corp | 228,743 | $14,344,473 | |
| CNMD | CONMED Corp | 124,187 | $13,599,717 | |
| KEY | Keycorp | 863,280 | $12,431,232 | |
| INSM | INSMED Inc | 387,674 | $12,014,016 | |
| DRS | Leonardo DRS, Inc. | 481,991 | $9,659,099 | |
| FORM | Formfactor Inc | 219,259 | $9,145,292 | |
| KNF | Knife River Corp | 136,929 | $9,061,960 | |
| SPT | Sprout Social, Inc. | 132,627 | $8,148,601 | |
| NYT | New York Times Co | 156,240 | $7,654,197 | |
| EAT | Brinker International, Inc | 161,129 | $6,957,550 | |
| PK | Park Hotels & Resorts Inc. | 418,083 | $6,396,669 | |
| HR | Healthcare Realty Trust Inc | 234,364 | $4,038,091 | |
| LPLA | LPL Financial Holdings Inc. | 17,228 | $3,921,437 | |
| PWP | Perella Weinberg Partners | 318,237 | $3,892,038 | |
| AXS | Axis Capital Holdings Ltd | 68,759 | $3,807,185 | |
| AOS | Smith A O Corp | 44,747 | $3,688,942 | |
| DORM | Dorman Products, Inc. | 43,412 | $3,620,994 | |
| TXG | 10x Genomics, Inc. | 63,589 | $3,558,439 | |
| GNTX | Gentex Corp | 106,766 | $3,486,977 | |
| MNST | Monster Beverage Corp | 59,723 | $3,440,641 | |
| ANET | Arista Networks, Inc. | 14,599 | $3,438,209 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| COO | Cooper Companies, Inc. | 263,173 | $83,691,645 | |
| AES | Aes Corp | 3,935,283 | $59,816,301 | |
| CDW | CDW Corp | 131,582 | $26,547,983 | |
| KBR | Kbr, Inc. | 286,883 | $16,908,884 | |
| CMS | Cms Energy Corp | 288,141 | $15,303,168 | |
| DDOG | Datadog, Inc. | 137,183 | $12,495,999 | |
| PRGS | Progress Software Corp | 197,577 | $10,388,597 | |
| MGA | Magna International Inc | 192,285 | $10,308,398 | |
| — | 44,277 | $10,163,786 | ||
| SE | Sea Ltd | 158,173 | $6,951,703 | |
| FLYW | Flywire Corp | 191,017 | $6,091,531 | |
| J | Jacobs Solutions Inc. | 39,683 | $5,416,727 | |
| ONT | Onterris, Inc. | 184,570 | $5,400,517 | |
| FOXF | Fox Factory Holding Corp | 48,297 | $4,785,266 | |
| TMDX | TransMedics Group, Inc. | 87,230 | $4,775,842 | |
| BMBL | Bumble Inc. | 294,184 | $4,389,225 | |
| — | 106,701 | $3,819,896 | ||
| OGS | ONE Gas, Inc. | 54,514 | $3,722,215 | |
| GTLB | Gitlab Inc. | 74,494 | $3,368,618 | |
| APG | APi Group Corp | 128,635 | $3,335,511 | |
| XRAY | DENTSPLY SIRONA Inc. | 93,249 | $3,185,385 | |
| TTEK | Tetra Tech Inc | 20,558 | $3,125,432 | |
| RNR | Renaissancere Holdings Ltd | 15,684 | $3,104,176 | |
| — | 300,202 | $3,077,071 | ||
| APA | APA Corp | 74,161 | $3,048,016 | |
| No positions match the current search. | ||||
1,033 tracked positions ·
$72,983,495,004 total
· filing declares
2,300 positions · $75,734,658,030
· as of Dec 31, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 1,033 positions by value
· page 1 of 21
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Added | 13,409,318 | $5,042,439,939 | 6.91% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 16,850,691 | $3,244,263,537 | 4.45% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 12,809,081 | $1,946,211,767 | 2.67% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 3,527,002 | $1,746,641,930 | 2.39% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 13,301,039 | $1,329,837,879 | 1.82% | |
| ORCL |
Oracle Corp
Technology
|
Added | 12,339,385 | $1,300,941,359 | 1.78% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 7,835,757 | $1,235,307,090 | 1.69% | |
| BAC |
Bank Of America Corp
Financial Services
|
Added | 35,462,712 | $1,194,029,512 | 1.64% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 8,205,479 | $1,156,398,154 | 1.58% | |
| PHM |
Pultegroup Inc
Consumer Cyclical
|
Added | 11,008,695 | $1,136,317,497 | 1.56% | |
| REGN |
Regeneron Pharmaceuticals, Inc.
Healthcare
|
Added | 1,210,735 | $1,063,376,442 | 1.46% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 2,937,566 | $1,039,780,861 | 1.42% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 1,775,918 | $934,967,548 | 1.28% | |
| MCK |
Mckesson Corp
Healthcare
|
Added | 1,997,963 | $925,016,909 | 1.27% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 8,456,365 | $921,912,911 | 1.26% | |
| QCOM |
Qualcomm Inc
Technology
|
Added | 6,340,667 | $917,050,667 | 1.26% | |
| C |
Citigroup Inc
Financial Services
|
Added | 17,775,952 | $914,394,969 | 1.25% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 1,719,355 | $912,616,439 | 1.25% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 2,293,691 | $884,837,176 | 1.21% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 1,510,259 | $880,360,175 | 1.21% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Added | 12,237,705 | $841,954,104 | 1.15% | |
| URI |
United Rentals, Inc.
Industrials
|
Reduced | 1,379,417 | $790,985,296 | 1.08% | |
| NRG |
Nrg Energy, Inc.
Utilities
|
Added | 14,950,531 | $772,942,452 | 1.06% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 13,067,570 | $755,436,221 | 1.04% | |
| FDX |
Fedex Corp
Industrials
|
Added | 2,893,781 | $732,039,870 | 1.00% | |
| IR |
Ingersoll Rand Inc.
Industrials
|
Added | 9,443,792 | $730,382,872 | 1.00% | |
| GM |
General Motors Co
Consumer Cyclical
|
Added | 20,237,820 | $726,942,494 | 1.00% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 12,032,095 | $709,051,358 | 0.97% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 16,647,339 | $708,677,221 | 0.97% | |
| COP |
Conocophillips
Energy
|
Added | 6,079,041 | $705,594,288 | 0.97% | |
| HLT |
Hilton Worldwide Holdings Inc.
Consumer Cyclical
|
Added | 3,826,023 | $696,680,527 | 0.95% | |
| CI |
Cigna Group
Healthcare
|
Reduced | 2,251,048 | $674,076,323 | 0.92% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 4,584,974 | $671,882,089 | 0.92% | |
| CEG |
Constellation Energy Corp
Utilities
|
Reduced | 5,727,535 | $669,491,566 | 0.92% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 1,556,212 | $663,739,979 | 0.91% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 588,836 | $657,288,184 | 0.90% | |
| TMUS |
T-Mobile US, Inc.
Communication Services
|
Added | 3,939,221 | $631,575,302 | 0.87% | |
| ADBE |
Adobe Inc.
Technology
|
Added | 1,053,424 | $628,472,758 | 0.86% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 3,638,999 | $618,993,729 | 0.85% | |
| V |
Visa Inc.
Financial Services
|
Added | 2,375,085 | $618,353,379 | 0.85% | |
| AMT |
American Tower Corp
Real Estate
|
Added | 2,666,350 | $575,611,637 | 0.79% | |
| PNC |
Pnc Financial Services Group, Inc.
Financial Services
|
Added | 3,672,339 | $568,661,693 | 0.78% | |
| AIG |
American International Group, Inc.
Financial Services
|
Added | 8,245,693 | $558,645,700 | 0.77% | |
| APO |
Apollo Global Management, Inc.
Financial Services
|
Added | 5,939,220 | $553,475,910 | 0.76% | |
| NOC |
Northrop Grumman Corp
Industrials
|
Added | 1,156,477 | $541,393,141 | 0.74% | |
| CRM |
Salesforce, Inc.
Technology
|
Reduced | 2,046,880 | $538,616,003 | 0.74% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 3,650,991 | $538,192,582 | 0.74% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 3,350,980 | $519,301,370 | 0.71% | |
| ORLY |
O Reilly Automotive Inc
Consumer Cyclical
|
Reduced | 537,731 | $510,887,737 | 0.70% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 2,004,992 | $498,200,411 | 0.68% |
Showing the top 50 of 1,033 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.