PUTNAM ETF TRUST

Ticker: FTPA CUSIP: 746729748 Class: FRANKLIN PENNSYL

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
Private Advisor Group, LLC139,056$1,200
ENVESTNET ASSET MANAGEMENT INC134,859$1,164
AMERIPRISE FINANCIAL INC95,506$824
JANE STREET GROUP, LLC67,019$578
MORGAN STANLEY65,858$568
BOSTON FAMILY OFFICE LLC65,516$1
COMMONWEALTH EQUITY SERVICES, LLC58,896$508
LPL Financial LLC51,085$441
SUSQUEHANNA INTERNATIONAL GROUP, LLP40,841$352
Jacobi Capital Management LLC37,979$328
Janney Montgomery Scott LLC37,946$0
Cambridge Investment Research Advisors, Inc.37,016$0
Cetera Investment Advisers30,828$266
Stratos Wealth Partners, LTD.24,645$213
MML INVESTORS SERVICES, LLC22,724$196
OSAIC HOLDINGS, INC.16,406$142
&PARTNERS13,745$119
Rodgers Brothers Inc.13,691$118
NWF Advisory Services Inc.13,521$117
Wealthcare Advisory Partners LLC12,646$109
ROYAL BANK OF CANADA12,393$107
WELLS FARGO & COMPANY/MN11,328$98
RAYMOND JAMES FINANCIAL INC11,077$96
Global Retirement Partners, LLC7,631$66
CWM, LLC3,130$0
NVWM, LLC1,804$16
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO1,801$16
BANK OF AMERICA CORP /DE/1,152$10
FMR LLC10$0
Total (29 institutions)1,030,109$7,652