Putnam Focused Large Cap Value ETF (PVAL) Holdings
PVAL holdings summary
as of Oct 25, 2026- Holdings
- 46 positions listed
- Top 10 weight
- 42.9% of net assets
- Effective holdings
- 27 equal-weight equivalent
- Largest holding
- MSFT 9.36% Microsoft Corporation
- Annual turnover
- 37.7% of the portfolio traded
All PVAL holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corporation | Technology | 9.36% | $1.42B | $3.93T | 29.5 |
| 2 | AAPL | Apple Inc. | Technology | 7.12% | $1.08B | $5.01T | 39.4 |
| 3 | AMZN | Amazon.com, Inc. | Consumer Cyclical | 4.71% | $712.0M | $2.70T | 20.1 |
| 4 | XOM | Exxon Mobil Corporation | Energy | 3.94% | $595.3M | $735.95B | 23.0 |
| 5 | C | Citigroup Inc. | Financial Services | 3.33% | $503.6M | $208.44B | 12.1 |
| 6 | SCHW | The Charles Schwab Corporation | Financial Services | 3.06% | $463.1M | $159.03B | 15.7 |
| 7 | KO | The Coca-Cola Company | Consumer Defensive | 2.97% | $448.5M | $404.01B | 28.2 |
| 8 | TMO | Thermo Fisher Scientific Inc. | Healthcare | 2.87% | $434.8M | $255.13B | 37.1 |
| 9 | CSCO | Cisco Systems, Inc. | Technology | 2.80% | $422.8M | $423.39B | 32.2 |
| 10 | PM | Philip Morris International Inc. | Consumer Defensive | 2.72% | $411.3M | $319.83B | 29.5 |
| 11 | FCX | Freeport-McMoRan Inc. | Basic Materials | 2.52% | $381.3M | $99.86B | 34.3 |
| 12 | BAC | Bank of America Corporation | Financial Services | 2.46% | $372.0M | $358.24B | 12.2 |
| 13 | VLO | Valero Energy Corporation | Energy | 2.44% | $369.3M | $128.04B | 18.5 |
| 14 | LUV | Southwest Airlines Co. | Industrials | 2.36% | $357.6M | $19.32B | 24.7 |
| 15 | COP | ConocoPhillips | Energy | 2.28% | $345.5M | $176.01B | 19.4 |
| 16 | UNH | UnitedHealth Group Incorporated | Healthcare | 2.24% | $338.9M | $360.32B | 25.8 |
| 17 | GM | General Motors Company | Consumer Cyclical | 2.05% | $310.2M | $73.67B | 37.7 |
| 18 | VRTX | Vertex Pharmaceuticals Incorporated | Healthcare | 2.00% | $302.0M | $126.66B | 28.9 |
| 19 | ABBV | AbbVie Inc. | Healthcare | 1.98% | $299.7M | $504.37B | 80.6 |
| 20 | COF | Capital One Financial Corporation | Financial Services | 1.90% | $287.9M | $123.76B | 13.0 |
| 21 | PLD | Prologis, Inc. | Real Estate | 1.80% | $272.3M | $122.24B | 27.7 |
| 22 | AMD | Advanced Micro Devices, Inc. | Technology | 1.71% | $258.8M | $863.17B | 134.9 |
| 23 | NEE | NextEra Energy, Inc. | Utilities | 1.65% | $250.3M | $166.46B | 17.9 |
| 24 | MCK | McKesson Corporation | Healthcare | 1.62% | $245.4M | $117.15B | 26.9 |
| 25 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | 1.60% | $242.4M | $81.41B | 19.6 |
| 26 | AZN | AstraZeneca PLC | Healthcare | 1.57% | $237.7M | — | — |
| 27 | PHM | PulteGroup, Inc. | Consumer Cyclical | 1.56% | $235.3M | $21.63B | 11.6 |
| 28 | STX | Seagate Technology Holdings plc | Technology | 1.55% | $235.0M | $145.31B | 46.0 |
| 29 | NOC | Northrop Grumman Corporation | Industrials | 1.54% | $232.8M | $73.85B | 16.5 |
| 30 | NRG | NRG Energy, Inc. | Utilities | 1.37% | $207.6M | $21.81B | 27.2 |
| 31 | IR | Ingersoll Rand Inc. | Industrials | 1.22% | $184.2M | $30.18B | 32.0 |
| 32 | AEP | American Electric Power Company, Inc. | Utilities | 1.21% | $183.4M | $69.21B | 22.0 |
| 33 | APO | Apollo Global Management, Inc. | Financial Services | 1.15% | $174.3M | $65.42B | 39.7 |
| 34 | FDX | FedEx Corporation | Industrials | 1.13% | $171.0M | $69.47B | 15.8 |
| 35 | RCL | Royal Caribbean Cruises Ltd. | Consumer Cyclical | 1.06% | $160.6M | $74.27B | 17.1 |
| 36 | BJ | BJ's Wholesale Club Holdings, Inc. | Consumer Defensive | 1.03% | $156.5M | $13.00B | 21.7 |
| 37 | GS | The Goldman Sachs Group, Inc. | Financial Services | 0.94% | $142.1M | $256.60B | 12.7 |
| 38 | BDX | Becton, Dickinson and Company | Healthcare | 0.91% | $137.4M | $52.23B | 44.6 |
| 39 | TMUS | T-Mobile US, Inc. | Communication Services | 0.82% | $124.2M | $170.66B | 16.6 |
| 40 | AON | Aon plc | Financial Services | 0.79% | $120.2M | $62.06B | 16.1 |
| 41 | AIG | American International Group, Inc. | Financial Services | 0.74% | $111.2M | $42.22B | 14.8 |
| 42 | WMT | Walmart Inc. | Consumer Defensive | 0.67% | $101.9M | $945.50B | 43.0 |
| 43 | FDXF | FedEx Freight Holding Company, Inc. | Industrials | 0.32% | $49.0M | $16.93B | 25.8 |
| 44 | TJX | The TJX Companies, Inc. | Consumer Cyclical | 0.11% | $16.2M | $162.06B | 27.3 |
| 45 | ALL | The Allstate Corporation | Financial Services | 0.00% | $499,118.93 | $62.68B | 5.0 |
| 46 | URI | United Rentals, Inc. | Industrials | 0.00% | $196,622.61 | $64.09B | 24.8 |
Weights as a percentage of net assets. Value held = weight × net assets ($15.12B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
PVAL sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Technology | 22.5% | 5 | MSFT, AAPL, CSCO |
| Healthcare | 14.8% | 8 | TMO, UNH, VRTX |
| Financial Services | 14.4% | 9 | C, SCHW, BAC |
| Consumer Cyclical | 9.5% | 5 | AMZN, GM, PHM |
| Energy | 8.7% | 3 | XOM, VLO, COP |
| Consumer Defensive | 7.4% | 4 | KO, PM, BJ |
| Industrials | 6.6% | 6 | LUV, NOC, IR |
| Utilities | 4.2% | 3 | NEE, NRG, AEP |
| Basic Materials | 2.5% | 1 | FCX |
| Real Estate | 1.8% | 1 | PLD |
| Communication Services | 0.8% | 1 | TMUS |
Sum of the weights of the holdings in each sector.
PVAL top industries
PVAL overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| TALV | Transamerica Large Value Active ETF | 39.4% | 20 of 67 | — |
| HGRO | Hedgeye Quality Growth ETF | 34.4% | 11 of 52 | 0.72% |
| BLCV | iShares Large Cap Value Active ETF | 30.4% | 9 of 52 | 0.56% |
| SPY | SPDR S&P 500 ETF | 28.0% | 44 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 25.0% | 45 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 24.5% | 11 of 101 | 0.17% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the PVAL portfolio
Putnam Focused Large Cap Value ETF holds 46 positions. The ten largest make up 42.9% of the fund, so it behaves like a portfolio of about 27 equally weighted stocks. The biggest positions are Microsoft Corporation (9.36%), Apple Inc. (7.12%), Amazon.com, Inc. (4.71%), Exxon Mobil Corporation (3.94%), Citigroup Inc. (3.33%).
By sector, Technology is 22.5%, Healthcare is 14.8%, Financial Services is 14.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: PVAL chart, PVAL performance, PVAL dividends, PVAL valuation, PVAL overview.
PVAL holdings FAQ
How many holdings does PVAL have?
PVAL holds 46 positions as of October 25, 2026.
What are the top 10 holdings of PVAL?
The ten largest holdings are Microsoft Corporation (9.36%), Apple Inc. (7.12%), Amazon.com, Inc. (4.71%), Exxon Mobil Corporation (3.94%), Citigroup Inc. (3.33%), The Charles Schwab Corporation (3.06%), The Coca-Cola Company (2.97%), Thermo Fisher Scientific Inc. (2.87%), Cisco Systems, Inc. (2.80%), Philip Morris International Inc. (2.72%). Together they are 42.9% of the fund.
What percentage of PVAL is Microsoft Corporation?
Microsoft Corporation is the largest holding at 9.36% of net assets, about $1.42B of the fund's $15.12B.
Which sector is the largest in PVAL?
Technology is the largest sector at 22.5%, followed by Healthcare (14.8%) and Financial Services (14.4%), based on the sectors of the individual holdings.
How concentrated is PVAL?
The top 10 holdings are 42.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) PVAL behaves like a portfolio of about 27 equally weighted stocks.