# EDGAR Filing Document

**Accession Number:** 0000216934
**File Stem:** 0002071691-25-001619
**Filing Date:** 2025-9
**Character Count:** 47552
**Document Hash:** 154315c2ebb7423bbad56eb36623638a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001619.hdr.sgml**: 20250923

**ACCESSION NUMBER**: 0002071691-25-001619

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250923

**DATE AS OF CHANGE**: 20250923

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM LARGE CAP VALUE FUND
- **CENTRAL INDEX KEY:** 0000216934

**ORGANIZATION NAME:**
- **EIN:** 046407893
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02742
- **FILM NUMBER:** 251333208

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM EQUITY INCOME FUND
- **DATE OF NAME CHANGE:** 20190212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM EQUITY INCOME FUND/NEW/
- **DATE OF NAME CHANGE:** 19940302

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM STRATEGIC INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### PUTNAM LARGE CAP VALUE FUND (Series ID: S000005581)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000015218 | Class A Shares | PEYAX           |
| C000015220 | Class C Shares | PEQCX           |
| C000015222 | Class R Shares | PEQRX           |
| C000015223 | Class Y Shares | PEIYX           |
| C000118171 | Class R5       |  |
| C000118172 | Class R6       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Putnam Large Cap Value Fund

- **b. Investment Company Act file number:** 811-02742

- **c. CIK number of Registrant:** 0000216934

- **d. LEI of Registrant:** CZH3VR3I6CWL6QA8GG38

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Putnam Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000005581

- **c. LEI of Series:** CZH3VR3I6CWL6QA8GG38

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $39650328984.40

**Total Liabilities:** $45979221.86

**Net Assets:** $39604349762.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015223 | 3.98%                | 3.63%                | 1.05%                |
| Class ID C000015220 | 3.91%                | 3.54%                | 0.97%                |
| Class ID C000015222 | 3.95%                | 3.60%                | 1.01%                |
| Class ID C000118172 | 3.98%                | 3.66%                | 1.05%                |
| Class ID C000015218 | 3.96%                | 3.61%                | 1.06%                |
| Class ID C000118171 | 3.98%                | 3.63%                | 1.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $56750153.63             | $1502666113.09                             |
| Month 2  | $375392031.17            | $939666199.98                              |
| Month 3  | $389294267.58            | $-48518890.45                              |

### Schedule of Portfolio Investments

| Name                                       | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC                    | CUSIP: 56274LVK7<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9976987.00    | 0.03%             | 2025-08-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                | Toronto-Dominion Bank (The)                        | CUSIP: 89119AVJ4<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |  35000000 | PA      | $34923801.50   | 0.09%             | 2025-08-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BlackRock, Inc.                            | BlackRock, Inc.                                    | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    422789 | NS      | $467608861.89  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                                  | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   8998286 | NS      | $1004568649.04 | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                             | Alphabet, Inc., Class A                            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5473861 | NS      | $1050433925.90 | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                              | Walmart, Inc.                                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   9511582 | NS      | $931944804.36  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                            | CME Group, Inc.                                    | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |   2086915 | NS      | $580746706.20  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                        | Valero Energy Corp.                                | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |   2582331 | NS      | $354579869.61  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH plc                                    | CRH plc                                            | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   5449864 | NS      | $520189518.80  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $92749.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                                | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  29600000 | PA      | $29169772.29   | 0.07%             | 2025-12-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                           | Amazon.com, Inc.                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   4525775 | NS      | $1059529185.25 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.            | Hilton Worldwide Holdings, Inc.                    | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |   1831492 | NS      | $490986375.36  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                     | Northrop Grumman Corp.                             | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |   1006833 | NS      | $580549976.13  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings, Inc.         | BJ's Wholesale Club Holdings, Inc.                 | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |   2546119 | NS      | $269634002.10  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                  | Shell plc                                          | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |  13318377 | NS      | $479942468.60  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $639615.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                  | Sanofi SA                                          | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |   5440336 | NS      | $488383049.82  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2695009.88    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                | Toronto-Dominion Bank (The)                        | CUSIP: 89119AV88<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |  25000000 | PA      | $24975900.00   | 0.06%             | 2025-08-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                       | NextEra Energy, Inc.                               | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |  10221188 | NS      | $726317619.28  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                     | Southwest Airlines Co.                             | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |  17717146 | NS      | $547991325.78  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Note                                 | CUSIP: 91282CAT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    193000 | PA      | $193000.00     | 0.00%             | 2025-10-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $3395497.72    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Thunder Bay Funding LLC                    | Thunder Bay Funding LLC                            | CUSIP: 88602TVB6<br>LEI: 549300D7DHGDB5EMW139 | Long             | STIV             | CORP              | US        |  35000000 | PA      | $34953443.00   | 0.09%             | 2025-08-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sheffield Receivables Co. LLC              | Sheffield Receivables Co. LLC                      | CUSIP: 82124LVN9<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |   9600000 | PA      | $9574344.96    | 0.02%             | 2025-08-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2937198.32    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Allstate Corp. (The)                       | Allstate Corp. (The)                               | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |   2874773 | NS      | $584297612.25  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                          | Merck & Co., Inc.                                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |   2134596 | NS      | $166754639.52  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC                  | CUSIP: 04821TVB8<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49933490.00   | 0.13%             | 2025-08-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $102051.34     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lululemon Athletica, Inc.                  | Lululemon Athletica, Inc.                          | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    537056 | NS      | $107695839.68  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | S&P 500 E-Mini Index                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       227 | NC      | $-77937.42     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co.                     | Becton Dickinson & Co.                             | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |   2828737 | NS      | $504222370.25  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.                   | Marvell Technology, Inc.                           | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3841042 | NS      | $308704545.54  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc         | Johnson Controls International plc                 | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |   5846610 | NS      | $613894050.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                                | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  60600000 | PA      | $59913199.60   | 0.15%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Putnam Cash Collateral Pool LLC            | Putnam Cash Collateral Pool LLC                    | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        |   3950050 | NS      | $3950050.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)   | PNC Financial Services Group, Inc. (The)           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |   3003311 | NS      | $571439983.97  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Chariot Funding LLC                        | Chariot Funding LLC                                | CUSIP: 15963TV55<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |  40000000 | PA      | $39975864.00   | 0.10%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Securities Corp                | BNP Paribas Securities Corp                        | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | US        |  20616584 | PA      | $20616583.82   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Freeport-McMoRan, Inc.                     | Freeport-McMoRan, Inc.                             | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |  12034348 | NS      | $484262163.52  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup, Inc.                            | Citigroup, Inc.                                    | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |  15372377 | NS      | $1440391724.90 | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Securities LLC                   | JP Morgan Securities LLC                           | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        | 100000000 | PA      | $100000000.00  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC                    | CUSIP: 56274LWF7<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29832099.00   | 0.08%             | 2025-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Corteva, Inc.                              | Corteva, Inc.                                      | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   9086774 | NS      | $655429008.62  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                           | CUSIP: 89152EV54<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |  40000000 | PA      | $39975880.00   | 0.10%             | 2025-08-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Bedford Row Funding Corp.                  | Bedford Row Funding Corp.                          | CUSIP: 07644AVL5<br>LEI: 5493000JWH1Z48FX0180 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24939565.00   | 0.06%             | 2025-08-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $245732.72     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca plc                            | AstraZeneca plc                                    | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   6682523 | NS      | $488425606.07  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                       | Otis Worldwide Corp.                               | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   3448904 | NS      | $295536583.76  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                             | McKesson Corp.                                     | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |   1143700 | NS      | $793201698.00  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Funding USA LLC                   | ABN AMRO Funding USA LLC                           | CUSIP: 00084BXT6<br>LEI: 549300WEQ09INLYV6558 | Long             | STIV             | CORP              | US        |   9000000 | PA      | $8903185.20    | 0.02%             | 2025-10-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                | Capital One Financial Corp.                        | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |   4405352 | NS      | $947150680.00  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd. | Australia & New Zealand Banking Group Ltd.         | CUSIP: N/A<br>LEI: JHE42UYNWWTJB8YTTU19       | Long             | STIV             | CORP              | AU        |  25000000 | PA      | $25000000.00   | 0.06%             | 2025-08-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                | Toronto-Dominion Bank (The)                        | CUSIP: 89119AXA1<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |   9000000 | PA      | $8922343.50    | 0.02%             | 2025-10-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                           | CUSIP: 89152EVE5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |  50000000 | PA      | $49915300.00   | 0.13%             | 2025-08-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.          | Philip Morris International, Inc.                  | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   6290458 | NS      | $1031949634.90 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $701473.36     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Comcast Corp.                              | Comcast Corp., Class A                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   5558483 | NS      | $184708390.09  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                           | CUSIP: 89152EV47<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |  20000000 | PA      | $19990362.00   | 0.05%             | 2025-08-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp.                  | Victory Receivables Corp.                          | CUSIP: 92646KW57<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |   9200000 | PA      | $9159612.00    | 0.02%             | 2025-09-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PPL Corp.                                  | PPL Corp.                                          | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |  11463140 | NS      | $409119466.60  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc.                                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |  13611726 | NS      | $926686306.08  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $110770.56     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2063183.53    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Co.                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   1612730 | NS      | $477755135.20  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank plc                          | Barclays Bank plc                                  | CUSIP: 06741FV53<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |  50000000 | PA      | $49969740.00   | 0.13%             | 2025-08-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PPG Industries, Inc.                       | PPG Industries, Inc.                               | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |   2123131 | NS      | $223990320.50  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                          | T-Mobile US, Inc.                                  | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   2699194 | NS      | $643514841.54  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                                | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  35800000 | PA      | $35538328.85   | 0.09%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.             | Apollo Global Management, Inc.                     | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |   3548071 | NS      | $515605677.72  | 1.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Ball Corp.                                 | Ball Corp.                                         | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   3123428 | NS      | $178847487.28  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Bank Ltd.                           | Mizuho Bank Ltd.                                   | CUSIP: 60689PV11<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | STIV             | CORP              | JP        |  47900000 | PA      | $47894223.26   | 0.12%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC                    | CUSIP: 56274LV19<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |   5263000 | PA      | $5262366.33    | 0.01%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4164922.55    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Seagate Technology Holdings plc            | Seagate Technology Holdings plc                    | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |   3717808 | NS      | $583733034.08  | 1.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Target Corp.                               | Target Corp.                                       | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |   2443999 | NS      | $245621899.50  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                     | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   4127586 | NS      | $393524049.24  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                 | Charles Schwab Corp. (The)                         | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   7711033 | NS      | $753599255.09  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2660672.01    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingersoll Rand, Inc.                       | Ingersoll Rand, Inc.                               | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   5177597 | NS      | $438180034.11  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                        | Coca-Cola Co. (The)                                | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |  13922416 | NS      | $945192822.24  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours, Inc.                    | DuPont de Nemours, Inc.                            | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |   4087095 | NS      | $293862130.50  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                 | Procter & Gamble Co. (The)                         | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   4538082 | NS      | $682845198.54  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Repurchase Agreement Fixed     Usd 1       | Repurchase Agreement Fixed 4.36% 01/Aug/2025 Usd 1 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        | 100000000 | PA      | $100000000.00  | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                      | BofA Securities, Inc.                              | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |  29146153 | PA      | $29146152.93   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank plc                          | Barclays Bank plc                                  | CUSIP: 06741FWC7<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |  31000000 | PA      | $30836530.80   | 0.08%             | 2025-09-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Putnam Funds Trust                         | Putnam Short Term Investment Fund, Class P         | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        | 168055966 | NS      | $168055966.31  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)            | Goldman Sachs Group, Inc. (The)                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    710315 | NS      | $513976830.85  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corp.                                    | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2228627 | NS      | $1188972504.50 | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Note                                 | CUSIP: 91282CCW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1642000 | PA      | $1642000.00    | 0.00%             | 2026-08-31      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corp.                              | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |  19058277 | NS      | $900884753.79  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $717259.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis, Inc.                             | Prologis, Inc.                                     | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   3448558 | NS      | $368237023.24  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International, Inc.              | Honeywell International, Inc.                      | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |   2336650 | NS      | $519554127.50  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $150701.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RTX Corp.                                  | RTX Corp.                                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |   4714347 | NS      | $742839656.79  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bond                                 | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4159000 | PA      | $4159000.00    | 0.01%             | 2050-11-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                         | State Street Corp.                                 | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |   1868652 | NS      | $208821861.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                               | AbbVie, Inc.                                       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |   2636369 | NS      | $498326468.38  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                       | Vornado Realty Trust                               | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   7692990 | NS      | $295564675.80  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.            | Regeneron Pharmaceuticals, Inc.                    | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |   1063555 | NS      | $580126710.30  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                       | United Rentals, Inc.                               | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |    535502 | NS      | $472816135.88  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.         | American International Group, Inc.                 | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   5743206 | NS      | $445845081.78  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                   | UnitedHealth Group, Inc.                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   1789779 | NS      | $446657247.24  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                         | General Motors Co.                                 | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |  13697813 | NS      | $730641345.42  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.             | Thermo Fisher Scientific, Inc.                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1593010 | NS      | $745018916.80  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                | FedEx Corp.                                        | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |   2335448 | NS      | $521949273.52  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.               | Charter Communications, Inc., Class A              | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    862139 | NS      | $232225761.04  | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Accenture plc                              | Accenture plc, Class A                             | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |   1925509 | NS      | $514303453.90  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bond                                 | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1969000 | PA      | $1969000.00    | 0.00%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PulteGroup, Inc.                           | PulteGroup, Inc.                                   | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6650947 | NS      | $751024935.24  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                             | QUALCOMM, Inc.                                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |   1929486 | NS      | $283171365.36  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC SECURITIES (USA), INC.                | HSBC SECURITIES (USA), INC.                        | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        | 119044548 | PA      | $119044548.27  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                        | Forward Foreign Currency Contract                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $245817.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                           | NRG Energy, Inc.                                   | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |   3283352 | NS      | $548976454.40  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                       | American Tower Corp.                               | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    777895 | NS      | $162105539.05  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                       | Eastman Chemical Co.                               | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |   2209957 | NS      | $160464977.77  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC                  | CUSIP: 04821TWK7<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  21785000 | PA      | $21652272.71   | 0.05%             | 2025-09-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                  | Bank of Nova Scotia (The)                          | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | RA               | CORP              | US        |   9523564 | PA      | $9523563.86    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Total Fina Elf Holdings USA, Inc.          | Total Fina Elf Holdings USA, Inc.                  | CUSIP: 89152EV13<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19997598.00   | 0.05%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**Name of Applicant:** Putnam Large Cap Value Fund

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer