PUTNAM ETF TRUST

Ticker: PBDC CUSIP: 746729508 Class: ETF

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

InstitutionSharesValue ($000)
CONDOR CAPITAL MANAGEMENT340,779$10,428
Evolution Wealth Advisors, LLC128,400$3,929
Cetera Investment Advisers106,262$3,252
Corient Private Wealth LLC93,142$2,850
LPL Financial LLC88,606$2,711
Steward Partners Investment Advisory, LLC84,061$2,572
Stonebridge Financial Planning Group, LLC74,649$2,284
Haven Private, LLC59,515$1,821
COMMONWEALTH EQUITY SERVICES, LLC50,173$1,535
RFG Advisory, LLC46,639$1,427
Apollon Wealth Management, LLC43,214$1,322
3EDGE Asset Management, LP37,887$1,159
Farther Finance Advisors, LLC37,652$1,152
GoalVest Advisory LLC34,218$1,047
Shade Tree Advisors LLC31,700$970
RAYMOND JAMES FINANCIAL INC30,573$936
BROWN ADVISORY INC29,528$904
Closed-End Fund Advisors, Inc.28,476$871
CONFLUENCE INVESTMENT MANAGEMENT LLC27,635$846
CASTLEKEEP INVESTMENT ADVISORS LLC27,393$838
Samalin Investment Counsel, LLC24,418$747
Discipline Wealth Solutions, LLC23,717$726
MML INVESTORS SERVICES, LLC22,741$696
ENVESTNET ASSET MANAGEMENT INC22,741$696
Naviter Wealth, LLC19,466$596
UBS Group AG19,442$595
OSAIC HOLDINGS, INC.18,429$564
Pinion Investment Advisors, LLC17,208$527
Stratos Wealth Partners, LTD.15,400$471
Wealthcare Advisory Partners LLC14,984$459
D.A. DAVIDSON & CO.14,176$434
J.W. COLE ADVISORS, INC.12,659$387
GRIMES & COMPANY, INC.11,700$358
Accurate Wealth Management, LLC10,784$332
GENTRY PRIVATE WEALTH, LLC10,362$317
Allworth Financial LP10,200$312
Mariner, LLC10,000$306
Advyzon Investment Management, LLC9,166$280
HighTower Advisors, LLC9,148$280
FOCUSED ALPHA, LLC9,040$277
CWM, LLC8,078$0
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors8,075$247
GUIDANCE CAPITAL, INC7,962$247
Encompass More Asset Management6,983$214
Miller Global Investments, LLC1,441$44
NBC SECURITIES, INC.1,052$32
EverSource Wealth Advisors, LLC1,000$31
Clearstead Advisors, LLC450$14
Newbridge Financial Services Group, Inc.432$13
Rockefeller Capital Management L.P.390$12
ASSETMARK, INC176$5
Roble, Belko & Company, Inc140$0
AMERIFLEX GROUP, INC.125$4
MORGAN STANLEY9$0
Strive Financial Group ,LLC8$0
Total (55 institutions)1,742,604$53,079