PUTNAM ETF TRUST

Ticker: PVAL CUSIP: 746729300 Class: FOCUSED LAR CAP

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BANK OF AMERICA CORP /DE/24,207,325$1,103,128
MORGAN STANLEY9,566,730$435,956
Cetera Investment Advisers6,853,915$312,333
CULLEN/FROST BANKERS, INC.6,852,855$312,285
GLENMEDE TRUST CO NA6,419,487$292,536
COMMONWEALTH EQUITY SERVICES, LLC5,124,640$233,530
UBS Group AG5,037,434$229,556
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO4,603,577$209,785
ENVESTNET ASSET MANAGEMENT INC4,058,631$184,952
CWM, LLC3,249,628$148
STIFEL FINANCIAL CORP2,158,392$98,359
Amplius Wealth Advisors, LLC2,039,763$92,952
Modern Wealth Management, LLC1,985,251$90,468
Allegheny Financial Group LTD1,982,142$90,326
Cambridge Investment Research Advisors, Inc.1,571,225$72
Opal Wealth Advisors, LLC1,539,491$70,155
WELLS FARGO & COMPANY/MN1,530,877$69,762
HighTower Advisors, LLC1,228,854$55,999
Corient Private Wealth LLC1,100,083$50,134
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC1,013,832$47,457
Sanctuary Advisors, LLC995,269$45,354
AUCTUS ADVISORS LLC956,522$43,589
Kestra Advisory Services, LLC954,400$43,492
Harbor Group, Inc.848,271$38,656
Wealthspire Advisors, LLC830,187$37,832
Geneos Wealth Management Inc.826,781$37,676
Drake & Associates, LLC795,851$36,267
Bleakley Financial Group, LLC779,036$35,501
LPL Financial LLC776,080$35,366
Thrivent Financial for Lutherans772,511$35
RFG Advisory, LLC759,205$34,597
Janney Montgomery Scott LLC742,130$34
SAX WEALTH ADVISORS, LLC686,031$31,262
HANCOCK WHITNEY CORP670,090$30,536
MML INVESTORS SERVICES, LLC631,725$28,788
Arete Wealth Advisors, LLC618,805$28
Embree Financial Group606,936$27,658
Sowa Financial Group, Inc.571,015$26
Rockefeller Capital Management L.P.551,609$25,137
AdvisorNet Financial, Inc528,175$24,069
JONES FINANCIAL COMPANIES LLLP500,633$22,814
OneDigital Investment Advisors LLC490,766$22,364
BAKER TILLY WEALTH MANAGEMENT, LLC460,074$20,966
TRUIST FINANCIAL CORP447,913$20,411
Baird Financial Group, Inc.437,315$19,928
Towneley Capital Management, Inc / DE429,271$19,562
Cooper Financial Group427,522$19,482
M&T Bank Corp401,379$18,300
SILVER OAK SECURITIES, INCORPORATED397,649$18,248
Dogwood Wealth Management LLC369,699$16,847
Aurdan Capital Management, LLC369,142$16,822
Steward Partners Investment Advisory, LLC362,520$16,520
Weil Company, Inc.358,446$16,334
BridgePort Financial Solutions, LLC357,272$16,281
Keystone Financial Services, LLC355,400$16,196
Snowden Capital Advisors LLC344,079$15,680
IVC Wealth Advisors LLC311,832$14,210
Haverford Trust Co310,102$14,131
CENTRAL TRUST Co309,966$14,125
Redhawk Wealth Advisors, Inc.300,184$13,679
Retirement Management Systems Inc.291,909$13,302
Coign Capital Advisors LLC282,169$12,858
Smartleaf Asset Management LLC272,943$12,525
Frontier Asset Management, LLC270,736$12,337
Able Wealth Management LLC268,811$12,250
MAI Capital Management232,230$10,583
Integrated Advisors Network LLC231,271$10,539
Atria Investments, Inc228,286$10,403
CASTLE WEALTH MANAGEMENT LLC214,930$9,794
Rollins Financial Advisors, LLC209,695$9,556
Capital Analysts, LLC208,893$10
PNC Financial Services Group, Inc.203,679$9,282
StoneCrest Wealth Management, Inc.203,474$9,272
Trademark Financial Management, LLC199,606$9,096
PRUDENTIAL PLC195,200$8,895
Visionary Wealth Advisors194,124$8,846
Fundamentum, LLC176,821$8,058
HARBOUR INVESTMENTS, INC.172,070$7,841
Diversify Advisory Services, LLC170,008$7,990
KESTRA PRIVATE WEALTH SERVICES, LLC168,912$7,697
U.S. Capital Wealth Advisors, LLC167,421$7,629
Foundry Financial Group, Inc.164,693$7,505
JPMORGAN CHASE & CO160,265$7,303
ROYAL BANK OF CANADA157,259$7,166
Prosperity Financial Group, Inc.152,929$6,969
Midwest Financial Group LLC150,304$6,849
J.W. COLE ADVISORS, INC.144,709$6,594
Per Stirling Capital Management, LLC.143,149$6,523
ERn Financial, LLC139,276$6,347
New England Private Wealth Advisors LLC137,765$6,278
Key Client Fiduciary Advisors, LLC134,798$6,143
Patriot Financial Group Insurance Agency, LLC130,288$5,937
Sovran Advisors, LLC129,464$6,086
Midwest Capital Advisors, LLC129,186$5,887
Empire Life Investments Inc.118,301$5,397
Essex Financial Services, Inc.116,036$5,288
Prostatis Group LLC115,733$5,274
Merit Financial Group, LLC115,056$5,243
Cannon Wealth Management Services, LLC111,765$5,093
Bank of New York Mellon Corp110,180$5,021
155 other institutions3,859,563$170,270
Total (255 institutions)125,749,832$5,374,635