PI
Putnam Investments LLC Institutional Portfolio (13F)
Putnam Investments LLCCIK: 0001421578
Diversified strategyLong-term holder
Total reported value
$75.7B
Reporting period: 2023-12-31 · Number of holdings: 2300
PUTNAM INVESTMENTS LLC disclosed 2300 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $75.7B and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 5.6
- Portfolio Stability
- 0
- Momentum/Contrarian
- 50
- Sector conviction
- 41.38
- Diversification
- 100
- Sizing Uniformity
- 61.13
Putnam Investments LLC's disclosed holdings carry a Herfindahl concentration index of 0.014 — mathematically equivalent to about 71 equally-sized positions, well below its 2300 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 3.89), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Recent moves
No holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 2300 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | Stock-Tech | 6.66% | — | +2.79% | |
| 2 | AAPL | Apple INC | Stock-Tech | 4.28% | — | -0.89% | |
| 3 | AMZN | Amazon.com INC | Stock-Consumer Disc | 2.57% | — | +6.20% | |
| 4 | NVDA | Nvidia CORP | Stock-Tech | 2.31% | — | -3.39% | |
| 5 | XOM | Exxon Mobil CORP | Stock-Energy | 1.76% | — | +16.68% | |
| 6 | ORCL | Oracle CORP | Stock-Tech | 1.72% | — | +6.00% | |
| 7 | WMT | Walmart INC | Stock-Consumer Staples | 1.63% | — | +3.03% | |
| 8 | BAC | Bank Of America CORP | Stock-Financials | 1.58% | — | +1.81% | |
| 9 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.53% | — | -2.17% | |
| 10 | PHM | Pultegroup INC | Stock-Consumer Disc | 1.50% | — | +1.83% | |
| 11 | REGN | Regeneron Pharmaceuticals | Stock-Healthcare | 1.40% | — | +2.05% | |
| 12 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.37% | — | -31.54% | |
| 13 | UNH | Unitedhealth Group INC | Stock-Healthcare | 1.23% | — | +3.87% | |
| 14 | MCK | Mckesson CORP | Stock-Healthcare | 1.22% | — | +3.22% | |
| 15 | MRK | Merck & Co. INC. | Stock-Healthcare | 1.22% | — | +4.04% | |
| 16 | QCOM | Qualcomm INC | Stock-Tech | 1.21% | — | +4.34% | |
| 17 | C | Citigroup INC | Stock-Financials | 1.21% | — | +7.89% | |
| 18 | TMO | Thermo Fisher Scientific INC | Stock-Healthcare | 1.21% | — | +28.52% | |
| 19 | GS | Goldman Sachs Group INC | Stock-Financials | 1.17% | — | +3.67% | |
| 20 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.16% | — | -7.29% | |
| 21 | SCHW | Schwab (charles) CORP | Stock-Financials | 1.11% | — | +4.80% | |
| 22 | URI | United Rentals INC | Stock-Industrials | 1.04% | — | -0.76% | |
| 23 | NRG | Nrg Energy INC | Stock-Utilities | 1.02% | — | +1.46% | |
| 24 | BSX | Boston Scientific CORP | Stock-Healthcare | 1.00% | — | +110.49% | |
| 25 | FDX | Fedex CORP | Stock-Industrials | 0.97% | — | +38.08% | |
| 26 | IR | Ingersoll-rand INC | Stock-Industrials | 0.96% | — | +7.96% | |
| 27 | GM | General Motors Co | Stock-Consumer Disc | 0.96% | — | +16.76% | |
| 28 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.94% | — | +32.82% | |
| 29 | FCX | Freeport-mcmoran INC | Stock-Materials | 0.94% | — | +3.71% | |
| 30 | COP | Conocophillips | Stock-Energy | 0.93% | — | +3.60% | |
| 31 | HLT | Hilton Worldwide Holdings In | Stock-Consumer Disc | 0.92% | — | +5.99% | |
| 32 | CI | THE Cigna Group | Stock-Healthcare | 0.89% | — | -1.23% | |
| 33 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.89% | — | +2.46% | |
| 34 | CEG | Constellation Energy | Stock-Utilities | 0.88% | — | -1.94% | |
| 35 | MA | Mastercard INC - A | Stock-Financials | 0.88% | — | +7.76% | |
| 36 | AVGO | Broadcom INC | Stock-Tech | 0.87% | — | +2.16% | |
| 37 | TMUS | T-mobile US INC | Stock-Comm Services | 0.83% | — | +74.57% | |
| 38 | ADBE | Adobe INC | Stock-Tech | 0.83% | — | +41.22% | |
| 39 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.82% | — | +1.95% | |
| 40 | V | Visa Inc-class A Shares | Stock-Financials | 0.82% | — | +2.04% | |
| 41 | AMT | American Tower CORP | Stock-Real Estate | 0.76% | — | +4.20% | |
| 42 | PNC | Pnc Financial Services Group | Stock-Financials | 0.75% | — | +3.23% | |
| 43 | AIG | American International Group | Stock-Financials | 0.74% | — | +3.78% | |
| 44 | APO | Apollo Global Management INC | Stock-Financials | 0.73% | — | +2.85% | |
| 45 | NOC | Northrop Grumman CORP | Stock-Industrials | 0.71% | — | +2.57% | |
| 46 | CRM | Salesforce INC | Stock-Tech | 0.71% | — | -9.10% | |
| 47 | AMD | Advanced Micro Devices | Stock-Tech | 0.71% | — | +14.00% | |
| 48 | AZNN | Astrazeneca Plc-spons Adr | Stock-Other | 0.69% | — | +4.51% | |
| 49 | ABBV | Abbvie INC | Stock-Healthcare | 0.69% | — | +5.61% | |
| 50 | ORLY | O'reilly Automotive INC | Stock-Consumer Disc | 0.67% | — | -20.92% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2.9%
Performance Last 4 Quarters
+14.7%
Based on 72% of reported portfolio value with available pricing
- Stdev
- +12.9%
- Beta
- +0.95
- Alpha
- -1%
- Max Drawdown
- -8.9%
- Annualized Perf
- +16.9%
- Batting Avg vs S&P
- +50%
- Sortino
- +2.54
- Stutzer
- +0.38
- Treynor
- +0.17
- Sterling
- +1.02
- Calmar
- +1.91
- Information Ratio
- -0.52
- Tracking Error
- +3.7%
- Stdev Down
- +6.5%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +39%
- Worst 12 Months
- +6.6%
- Efficiency Ratio
- +0.51
- Sharpe
- +1.28
- Stdev Sectors
- +6.5%
- Skewness
- +0.05
- Kurtosis
- -0.49
- Upside Potential
- +4.25
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2023-12-31 | 2300 | $75.7B | 0 | |
| 2023-09-30 | 2270 | $65.8B | 0 | |
| 2023-06-30 | 2272 | $67.9B | 0 | |
| 2023-03-31 | 2268 | $62.4B | 0 | |
| 2022-12-31 | 2268 | $57.3B | 0 | |
| 2022-09-30 | 2278 | $52.6B | 0 | |
| 2022-06-30 | 2238 | $55.8B | 0 | |
| 2022-03-31 | 2334 | $66.1B | 0 | |
| 2021-12-31 | 2320 | $70.1B | 0 | |
| 2021-09-30 | 1560 | $64.5B | 0 | |
| 2021-06-30 | 1546 | $64.3B | 97 | |
| 2021-03-31 | 1526 | $60.0B | 24 | |
| 2020-12-31 | 1562 | $56.3B | 28 | |
| 2020-09-30 | 1644 | $50.8B | 18 | |
| 2020-06-30 | 1742 | $47.0B | 33 | |
| 2020-03-31 | 1644 | $38.2B | 38 | |
| 2019-12-31 | 1776 | $48.6B | 22 | |
| 2019-09-30 | 1770 | $45.0B | 20 | |
| 2019-06-30 | 1764 | $44.9B | 20 | |
| 2019-03-31 | 1742 | $42.9B | 25 | |
| 2018-12-31 | 1862 | $37.9B | 35 | |
| 2018-09-30 | 2128 | $46.4B | 19 | |
| 2018-06-30 | 2124 | $43.9B | 27 | |
| 2018-03-31 | 2166 | $43.0B | 30 | |
| 2017-12-31 | 2150 | $44.8B | 27 | |
| 2017-09-30 | 2206 | $43.3B | 22 | |
| 2017-06-30 | 2194 | $42.8B | 31 | |
| 2017-03-31 | 2478 | $42.6B | 26 | |
| 2016-12-31 | 2490 | $41.5B | 28 | |
| 2016-09-30 | 2508 | $41.5B | 27 | |
| 2016-06-30 | 2652 | $41.1B | 28 | |
| 2016-03-31 | 2788 | $42.1B | 26 | |
| 2015-12-31 | 2894 | $44.3B | 26 | |
| 2015-09-30 | 2940 | $44.7B | 26 | |
| 2015-06-30 | 2984 | $49.8B | 25 | |
| 2015-03-31 | 2966 | $50.1B | 26 | |
| 2014-12-31 | 2936 | $48.7B | 29 | |
| 2014-09-30 | 3008 | $47.2B | 23 | |
| 2014-06-30 | 2918 | $46.5B | 31 | |
| 2014-03-31 | 2962 | $44.2B | 29 | |
| 2013-12-31 | 2924 | $41.6B | 33 | |
| 2013-09-30 | 2893 | $37.4B | 27 | |
| 2013-06-30 | 2673 | $34.3B | 0 |
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-22 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-15 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-16 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-17 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-16 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-15 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-14 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-15 | Amendment | View on EDGAR |
| 2018-06-30 | 2018-08-14 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-14 | Amendment | View on EDGAR |
| 2017-12-31 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-14 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-14 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-16 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-16 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-11-16 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-05-15 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-17 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-11-14 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-05-15 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-02-13 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-14 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-08-13 | 13F-HR | View on EDGAR |
FAQ
What is Putnam Investments LLC and what type of investor is it?
Putnam Investments LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2023-12-31), the firm manages a tracked equity portfolio valued at approximately $75.7B, spread across 2300 disclosed positions.
What are Putnam Investments LLC's largest equity positions?
Based on the latest 13F filing, Putnam Investments LLC's top holdings by market value are:
1. Microsoft CORP (MSFT) — $5.0B (6.7%)
2. Apple INC (AAPL) — $3.2B (4.3%)
3. Amazon.com INC (AMZN) — $1.9B (2.6%)
4. Nvidia CORP (NVDA) — $1.7B (2.3%)
5. Exxon Mobil CORP (XOM) — $1.3B (1.8%)
What changes did Putnam Investments LLC make in its most recent portfolio filing?
No notable portfolio changes were recorded for Putnam Investments LLC in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Putnam Investments LLC focus on?
Putnam Investments LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 25.4%
• Health Care: 14.8%
• Financials: 13.3%
• Consumer Discretionary: 11.6%
• Industrials: 8.8%
• Communication Services: 6.3%
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