# EDGAR Filing Document

**Accession Number:** 0000216934
**File Stem:** 0002071691-26-014427
**Filing Date:** 2026-6
**Character Count:** 49422
**Document Hash:** a8bf60e744e47b1c2b0577b440e207a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-014427.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0002071691-26-014427

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20261031

**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:** 261113773

**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:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $50331222691.24

**Total Liabilities:** $122949253.67

**Net Assets:** $50208273437.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015218 | 1.85%                | -4.38%               | 5.96%                |
| Class ID C000015220 | 1.81%                | -4.44%               | 5.88%                |
| Class ID C000015222 | 1.85%                | -4.41%               | 5.93%                |
| Class ID C000015223 | 1.90%                | -4.38%               | 5.97%                |
| Class ID C000118171 | 1.87%                | -4.37%               | 5.98%                |
| Class ID C000118172 | 1.87%                | -4.35%               | 5.98%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $450167097.22            | $347611677.36                              |
| Month 2  | $-90969650.53            | $-2149290291.90                            |
| Month 3  | $81550243.29             | $2759427713.57                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AbbVie, Inc.                               | AbbVie, Inc.                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |   1987841 | NS      | $420070560.12  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                       | Allstate Corp. (The)                       | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |   3088499 | NS      | $671007292.74  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                             | Alphabet, Inc., Class A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5880819 | NS      | $2262939151.20 | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                           | Amazon.com, Inc.                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   4862246 | NS      | $1288786924.76 | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.         | American International Group, Inc.         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   6170188 | NS      | $461530062.40  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                       | American Tower Corp.                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    835726 | NS      | $152695497.46  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.             | Apollo Global Management, Inc.             | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |   3811854 | NS      | $490661846.88  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UE16<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  75000000 | PA      | $74992395.00   | 0.15%             | 2026-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UEB4<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  65000000 | PA      | $64926836.00   | 0.13%             | 2026-05-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UFG2<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29850501.00   | 0.06%             | 2026-06-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BJ's Wholesale Club Holdings, Inc.         | BJ's Wholesale Club Holdings, Inc.         | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |   2735411 | NS      | $256827738.79  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp.                                 | Ball Corp.                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   3355641 | NS      | $204962552.28  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corp.                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |  20475183 | NS      | $1094603283.18 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co.                     | Becton Dickinson & Co.                     | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |   3039040 | NS      | $452938521.60  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bedford Row Funding Corp.                  | Bedford Row Funding Corp.                  | CUSIP: 07644BEJ7<br>LEI: 5493000JWH1Z48FX0180 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49907160.00   | 0.10%             | 2026-05-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BlackRock, Inc.                            | BlackRock, Inc.                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    454219 | NS      | $484015766.40  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                    | Boston Scientific Corp.                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |   6084819 | NS      | $350546422.59  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Cash Collateral Pool LLC            | Putnam Cash Collateral Pool LLC            | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        |  39718505 | NS      | $39718505.00   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CME Group, Inc.                            | CME Group, Inc.                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |   2242066 | NS      | $645311436.12  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                | Capital One Financial Corp.                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |   4732871 | NS      | $905398222.30  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Chariot Funding LLC                        | Chariot Funding LLC                        | CUSIP: 15963UE10<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |  40000000 | PA      | $39995908.00   | 0.08%             | 2026-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chariot Funding LLC                        | Chariot Funding LLC                        | CUSIP: 15963UEL6<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |  44000000 | PA      | $43908708.80   | 0.09%             | 2026-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Charter Communications, Inc.               | Charter Communications, Inc., Class A      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    926232 | NS      | $152985739.44  | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Cisco Systems, Inc.                        | Cisco Systems, Inc.                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |  18900507 | NS      | $1729396390.50 | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup, Inc.                            | Citigroup, Inc.                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |  16515251 | NS      | $2113621822.98 | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                        | Coca-Cola Co. (The)                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |  14957490 | NS      | $1178051912.40 | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                              | Comcast Corp., Class A                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   5971732 | NS      | $161475633.28  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   4434454 | NS      | $557765624.12  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                              | Corteva, Inc.                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   9762338 | NS      | $790847001.38  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                       | Eastman Chemical Co.                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |   2374256 | NS      | $173534371.04  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                          | CUSIP: 30229BED5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | STIV             | CORP              | US        |  75000000 | PA      | $74901675.00   | 0.15%             | 2026-05-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   9667271 | NS      | $1491949933.43 | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairway Finance Co. LLC                    | Fairway Finance Co. LLC                    | CUSIP: 30601WE13<br>LEI: 549300GKD6SUOVFV4H89 | Long             | STIV             | CORP              | US        |  40000000 | PA      | $39995920.00   | 0.08%             | 2026-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FedEx Corp.                                | FedEx Corp.                                | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |   2509078 | NS      | $1011936248.18 | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan, Inc.                     | Freeport-McMoRan, Inc.                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |  12929053 | NS      | $747040682.34  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                         | General Motors Co.                         | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |  14716190 | NS      | $1131527849.10 | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)            | Goldman Sachs Group, Inc. (The)            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    763123 | NS      | $704950133.71  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Gotham Funding Corp.                       | Gotham Funding Corp.                       | CUSIP: 38346ME59<br>LEI: 549300Z2ZR7VTUMRPR17 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24987162.50   | 0.05%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.            | Hilton Worldwide Holdings, Inc.            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |   1967654 | NS      | $637657631.78  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International, Inc.              | Honeywell International, Inc.              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |   4299327 | NS      | $921474755.91  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand, Inc.                       | Ingersoll Rand, Inc.                       | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   5562528 | NS      | $444223486.08  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Co.                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   1732628 | NS      | $542711068.44  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                           | Kroger Co. (The)                           | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |   6619695 | NS      | $450602638.65  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Street Funding LLC                 | Liberty Street Funding LLC                 | CUSIP: 53127UF47<br>LEI: 549300F33VRHM10B9391 | Long             | STIV             | CORP              | US        |  12500000 | PA      | $12453880.00   | 0.02%             | 2026-06-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC            | CUSIP: 56274ME81<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24979585.00   | 0.05%             | 2026-05-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sanofi SA                                  | Sanofi SA                                  | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |   5844801 | NS      | $546935882.16  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Marvell Technology, Inc.                   | Marvell Technology, Inc.                   | CUSIP: 573874104<br>LEI: 254900WVU0BM7ZCJ9E93 | Long             | EC               | CORP              | US        |   5429474 | NS      | $896677631.10  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                             | McKesson Corp.                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |   1228728 | NS      | $1001659065.60 | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corp.                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2683716 | NS      | $1094365710.48 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                           | NRG Energy, Inc.                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |   2716774 | NS      | $422675698.92  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                       | NextEra Energy, Inc.                       | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |  12664828 | NS      | $1239633364.64 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                     | Northrop Grumman Corp.                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |   1081685 | NS      | $626814823.80  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                           | Novo Nordisk A/S                           | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |   7910159 | NS      | $333966912.98  | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Otis Worldwide Corp.                       | Otis Worldwide Corp.                       | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   6443437 | NS      | $501814873.56  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)   | PNC Financial Services Group, Inc. (The)   | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |   3226593 | NS      | $719530239.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                       | PPG Industries, Inc.                       | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |   2280976 | NS      | $247485896.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                  | PPL Corp.                                  | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |  12315378 | NS      | $461087752.32  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.          | Philip Morris International, Inc.          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   6758127 | NS      | $1115564023.89 | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                 | Procter & Gamble Co. (The)                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   4875468 | NS      | $717132588.12  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                             | Prologis, Inc.                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   3704942 | NS      | $526175862.84  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                           | PulteGroup, Inc.                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   7145416 | NS      | $874313101.76  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Short Term Investment Fund          | Putnam Short Term Investment Fund, Class P | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        | 196086601 | NS      | $196086600.65  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                             | QUALCOMM, Inc.                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |   2072933 | NS      | $372257308.14  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                  | RTX Corp.                                  | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |   4036257 | NS      | $710663769.99  | 1.42%             |  |  |  | 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      | $-4325908.25   | -0.01%            |  |  |  | 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      | $-1192241.95   | -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      | $-1138914.47   | -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      | $-6151859.01   | -0.01%            |  |  |  | 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      | $-910336.60    | -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      | $-5311646.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.            | Regeneron Pharmaceuticals, Inc.            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |   1142625 | NS      | $807904432.50  | 1.61%             |  |  |  | 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      | $-1427925.79   | -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      | $-2182266.50   | -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      | $-6803110.18   | -0.01%            |  |  |  | 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      | $-617341.43    | -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      | $-2843898.54   | -0.01%            |  |  |  | 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      | $-3013001.92   | -0.01%            |  |  |  | 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      | $-1143052.98   | -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      | $14513.88      | 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      | $-307250.96    | -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      | $-744380.87    | -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      | $-5168592.79   | -0.01%            |  |  |  | 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      | $-244744.64    | -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      | $-144505.38    | -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      | $2631806.17    | 0.01%             |  |  |  | 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      | $-4239498.08   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                 | Charles Schwab Corp. (The)                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   8284316 | NS      | $759174718.24  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Sheffield Receivables Co. LLC              | Sheffield Receivables Co. LLC              | CUSIP: 82124MEL0<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |  20150000 | PA      | $20108081.96   | 0.04%             | 2026-05-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co.                     | Southwest Airlines Co.                     | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |  19034343 | NS      | $721782286.56  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                         | State Street Corp.                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |   2007577 | NS      | $306838068.68  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.            | Sumitomo Mitsui Trust Bank Ltd.            | CUSIP: 86564XE59<br>LEI: 5493006GGLR4BTEL8O61 | Long             | STIV             | CORP              | SG        |  12000000 | PA      | $11993991.60   | 0.02%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| T-Mobile US, Inc.                          | T-Mobile US, Inc.                          | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   2899866 | NS      | $566923803.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.             | Thermo Fisher Scientific, Inc.             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1711441 | NS      | $819711781.36  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Asset Management SA                    | KBC Asset Management SA                    | CUSIP: 89115DJD9<br>LEI: 549300G8E7ZEIUJCN520 | Long             | STIV             | CORP              | LU        |   4775000 | PA      | $4772559.02    | 0.01%             | 2026-12-10      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| United Rentals, Inc.                       | United Rentals, Inc.                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |    575313 | NS      | $552208429.92  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                        | CUSIP: 912797TN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  78500000 | PA      | $77906507.03   | 0.16%             | 2026-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                   | UnitedHealth Group, Inc.                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   1922841 | NS      | $712374133.68  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                        | Valero Energy Corp.                        | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |   2774315 | NS      | $700736482.70  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Receivables Corp.                  | Victory Receivables Corp.                  | CUSIP: 92646LE63<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  40000000 | PA      | $39975428.00   | 0.08%             | 2026-05-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Victory Receivables Corp.                  | Victory Receivables Corp.                  | CUSIP: 92646LE71<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  80000000 | PA      | $79942600.00   | 0.16%             | 2026-05-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Vornado Realty Trust                       | Vornado Realty Trust                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   8264931 | NS      | $247038787.59  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                              | Walmart, Inc.                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   6260024 | NS      | $825884966.32  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                              | Walmart, Inc.                              | CUSIP: 93114FE18<br>LEI: Y87794H0US1R65VBXU25 | Long             | STIV             | CORP              | US        | 115000000 | PA      | $114988362.00  | 0.23%             | 2026-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Waters Corp.                               | Waters Corp.                               | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |    404724 | NS      | $125152802.52  | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Australian Dollar                          | Australian Dollar                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |       542 | OU      | $390.08        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                  | Shell plc                                  | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |  14308544 | NS      | $646040831.47  | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Danish Krone                               | Danish Krone                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |         0 | OU      | $0.00          | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | S&P 500 E-Mini Index                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       341 | NC      | $9500199.15    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                       | EURO                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |        19 | OU      | $21.79         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                            | AstraZeneca plc                            | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |   3527757 | NS      | $660995829.09  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                              | Accenture plc, Class A                     | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |   3155537 | NS      | $563926017.27  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH plc                                    | CRH plc                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   5855039 | NS      | $693353718.38  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc         | Johnson Controls International plc         | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |   2619880 | NS      | $382581076.40  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings plc            | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |   1362492 | NS      | $917829110.88  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Trust Bank Ltd.            | Sumitomo Mitsui Trust Bank Ltd.            | CUSIP: 86564XE42<br>LEI: 5493006GGLR4BTEL8O61 | Long             | STIV             | CORP              | SG        |  12500000 | PA      | $12494993.75   | 0.02%             | 2026-05-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                            | Nordea Bank Abp                            | CUSIP: 65558KFB5<br>LEI: 529900ODI3047E2LIV03 | Long             | STIV             | CORP              | FI        |  12500000 | PA      | $12445322.50   | 0.02%             | 2026-06-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                   | CUSIP: 89152FF18<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |  35500000 | PA      | $35381266.70   | 0.07%             | 2026-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Nestle Finance International Ltd.          | Nestle Finance International Ltd.          | CUSIP: 64106HET4<br>LEI: 0KLLMNHINTFDRMU6DI05 | Long             | STIV             | CORP              | LU        |  25000000 | PA      | $24931410.00   | 0.05%             | 2026-05-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                   | CUSIP: 89152FEL5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |  50000000 | PA      | $49896140.00   | 0.10%             | 2026-05-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce         | Canadian Imperial Bank of Commerce         | CUSIP: 13608BEM2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | STIV             | CORP              | CA        |  12000000 | PA      | $11974276.80   | 0.02%             | 2026-05-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce         | Canadian Imperial Bank of Commerce         | CUSIP: 13608BE18<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | STIV             | CORP              | CA        |  50000000 | PA      | $49994935.00   | 0.10%             | 2026-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                   | CUSIP: 89152FE76<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        | 100000000 | PA      | $99927470.00   | 0.20%             | 2026-05-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                   | Cooperatieve Rabobank UA                   | CUSIP: 21687BFA4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | STIV             | CORP              | NL        |   8000000 | PA      | $7965821.60    | 0.02%             | 2026-06-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MUFG Bank Ltd.                             | MUFG Bank Ltd.                             | CUSIP: 62479MEB5<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | STIV             | CORP              | JP        |  10000000 | PA      | $9988840.00    | 0.02%             | 2026-05-11      | Fixed         | 0.00%                 | No            |                  2 | 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   | 0.05%             | 2026-05-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| JP Morgan Securities LLC                   | JP Morgan Securities LLC                   | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        | 200000000 | PA      | $200000000.00  | 0.40%             |  |  |  | No            |                  2 | 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  | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                             | BNP Paribas SA                             | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | US        |   8187571 | PA      | $8187570.96    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.             | Citigroup Global Markets, Inc.             | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |  18604997 | PA      | $18604996.68   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities                            | BofA Securities                            | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |  21056396 | PA      | $21056395.82   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Securities (USA) Inc.                 | HSBC Securities (USA) Inc.                 | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        |  42082660 | PA      | $42082660.42   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer