# EDGAR Filing Document

**Accession Number:** 0000216934
**File Stem:** 0002071691-26-007575
**Filing Date:** 2026-3
**Character Count:** 50521
**Document Hash:** c8804a0e238af20e8b15801b0ee42b24
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007575.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007575

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**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:** 26805984

**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:** 2026-01-31

**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:** $47527534546.28

**Total Liabilities:** $263256151.74

**Net Assets:** $47264278394.54

**Cash Not Reported:** $5176779.29

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015223 | 3.12%                | 1.70%                | 3.44%                |
| Class ID C000015220 | 3.05%                | 1.62%                | 3.35%                |
| Class ID C000015222 | 3.10%                | 1.65%                | 3.41%                |
| Class ID C000118172 | 3.11%                | 1.72%                | 3.46%                |
| Class ID C000015218 | 3.09%                | 1.69%                | 3.44%                |
| Class ID C000118171 | 3.11%                | 1.69%                | 3.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5416.21                 | $1299932656.06                             |
| Month 2  | $0.02                    | $712791873.94                              |
| Month 3  | $412497755.12            | $1154073303.58                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barclays Bank plc                          | Barclays Bank plc                          | CUSIP: 06741EBC3<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        | 100000000 | PA      | $99866410.00   | 0.21%             | 2026-02-12      | 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      | $-785877.61    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock, Inc.                            | BlackRock, Inc.                            | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    430142 | NS      | $481303089.48  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                          | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   9154801 | NS      | $1294488861.40 | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                             | Alphabet, Inc., Class A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   5569072 | NS      | $1882346336.00 | 3.98%             |  |  |  | No            |                  1 | On Loan: —       |
| Walmart, Inc.                              | Walmart, Inc.                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   9677025 | NS      | $1152920758.50 | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group, Inc.                            | CME Group, Inc.                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |   2123214 | NS      | $613736238.84  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                        | Valero Energy Corp.                        | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |   2627247 | NS      | $476661423.21  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH plc                                    | CRH plc                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |   5544658 | NS      | $678721585.78  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce         | Canadian Imperial Bank of Commerce         | CUSIP: 13608BB60<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | STIV             | CORP              | CA        | 100000000 | PA      | $99928500.00   | 0.21%             | 2026-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UBJ0<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29941320.00   | 0.06%             | 2026-02-18      | 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      | $-2367541.68   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MUFG Bank Ltd.                             | MUFG Bank Ltd.                             | CUSIP: 62479MEB5<br>LEI: C3GTMMZIHMY46P4OIX74 | Long             | STIV             | CORP              | JP        |  10000000 | PA      | $9896330.00    | 0.02%             | 2026-05-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                           | Amazon.com, Inc.                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   4604495 | NS      | $1101855653.50 | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets, Inc.             | Citigroup Global Markets, Inc.             | CUSIP: N/A<br>LEI: MBNUM2BPBDO7JBLYG310       | Long             | RA               | CORP              | US        |  31552737 | PA      | $31552736.51   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.            | Hilton Worldwide Holdings, Inc.            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |   1863348 | NS      | $556228011.48  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                     | Northrop Grumman Corp.                     | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |   1024345 | NS      | $709113069.70  | 1.50%             |  |  |  | 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        |   2590405 | NS      | $239457038.20  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Victory Receivables Corp.                  | Victory Receivables Corp.                  | CUSIP: 92646LB25<br>LEI: 549300D0F37QF0LP7F94 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24992380.00   | 0.05%             | 2026-02-02      | 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      | $-434306.85    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                  | Shell plc                                  | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |  13550035 | NS      | $522047326.10  | 1.10%             |  |  |  | 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      | $-2804110.60   | -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      | $-807021.68    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                  | Sanofi SA                                  | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |   5534964 | NS      | $522078469.61  | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                       | NextEra Energy, Inc.                       | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |  11993454 | NS      | $1054224606.60 | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                     | Southwest Airlines Co.                     | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |  18025315 | NS      | $856562968.80  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle Finance International Ltd.          | Nestle Finance International Ltd.          | CUSIP: 64106HBA8<br>LEI: 0KLLMNHINTFDRMU6DI05 | Long             | STIV             | CORP              | LU        |  75000000 | PA      | $74916862.50   | 0.16%             | 2026-02-10      | Fixed         | 0.00%                 | 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      |
| Exxon Mobil Corp.                          | Exxon Mobil Corp.                          | CUSIP: 30229BBL0<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | STIV             | CORP              | US        |  21000000 | PA      | $20955484.20   | 0.04%             | 2026-02-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sheffield Receivables Co. LLC              | Sheffield Receivables Co. LLC              | CUSIP: 82124MB90<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |   8000000 | PA      | $7991799.20    | 0.02%             | 2026-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allstate Corp. (The)                       | Allstate Corp. (The)                       | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |   2924776 | NS      | $582001176.24  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Cash Collateral Pool LLC            | Putnam Cash Collateral Pool LLC            | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        | 200025458 | NS      | $200025458.45  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| BofA Securities                            | BofA Securities                            | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |  33901063 | PA      | $33901062.61   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Chevron Corp.                              | Chevron Corp.                              | CUSIP: 16677KB36<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  35500000 | PA      | $35485658.00   | 0.08%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Zero Cpn   Usd                             | TotalEnergies Capital SA                   | CUSIP: 89152FBR5<br>LEI: N/A                  | Long             | STIV             | CORP              | US        | 100000000 | PA      | $99733680.00   | 0.21%             | 2026-02-25      | 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      | $-818978.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lululemon Athletica, Inc.                  | Lululemon Athletica, Inc.                  | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    546397 | NS      | $95346276.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co.                     | Becton Dickinson & Co.                     | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |   2877939 | NS      | $585603027.72  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.                   | Marvell Technology, Inc.                   | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5141654 | NS      | $405779333.68  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc         | Johnson Controls International plc         | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |   2480998 | NS      | $295883821.48  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                        | CUSIP: 912797SM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  35600000 | PA      | $35317711.94   | 0.07%             | 2026-04-23      | 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      | $-297915.73    | -0.00%            |  |  |  | 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        |   3055550 | NS      | $682304315.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UBH4<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49907400.00   | 0.11%             | 2026-02-17      | 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      | $7893045.60    | 0.02%             | 2026-06-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan, Inc.                     | Freeport-McMoRan, Inc.                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |  12243672 | NS      | $737436364.56  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | S&P 500 E-Mini Index                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      2499 | NC      | $1838914.98    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup, Inc.                            | Citigroup, Inc.                            | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |  15639762 | NS      | $1809676861.02 | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                              | Corteva, Inc.                              | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   9244828 | NS      | $673023478.40  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank (The)                | Toronto-Dominion Bank (The)                | CUSIP: 89119BBH8<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |  50000000 | PA      | $49906550.00   | 0.11%             | 2026-02-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AstraZeneca plc                            | AstraZeneca plc                            | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   6798758 | NS      | $630720779.66  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                       | Otis Worldwide Corp.                       | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   6101865 | NS      | $521221308.30  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce         | Canadian Imperial Bank of Commerce         | CUSIP: 13608BB52<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | STIV             | CORP              | CA        | 100000000 | PA      | $99938800.00   | 0.21%             | 2026-02-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| McKesson Corp.                             | McKesson Corp.                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |   1163593 | NS      | $967190137.53  | 2.05%             |  |  |  | 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      | $-4187288.73   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                | Capital One Financial Corp.                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |   4481978 | NS      | $981239443.54  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Securities (USA) Inc.                 | HSBC Securities (USA) Inc.                 | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        | 144024907 | PA      | $144024906.62  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Sheffield Receivables Co. LLC              | Sheffield Receivables Co. LLC              | CUSIP: 82124MBC3<br>LEI: 549300MYF6MOTU9T3G29 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49933185.00   | 0.11%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                   | CUSIP: 89152FBC8<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        | 100000000 | PA      | $99866370.00   | 0.21%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.          | Philip Morris International, Inc.          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |   6399873 | NS      | $1148393211.12 | 2.43%             |  |  |  | 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      | $-2335715.26   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Comcast Corp.                              | Comcast Corp., Class A                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   5655166 | NS      | $168241188.50  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                  | PPL Corp.                                  | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |  11662528 | NS      | $422766640.00  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Chariot Funding LLC                        | Chariot Funding LLC                        | CUSIP: 15963UBQ8<br>LEI: 549300EEWRNP448AMT79 | Long             | STIV             | CORP              | US        |  75000000 | PA      | $74806530.00   | 0.16%             | 2026-02-24      | 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      | $-3616589.75   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                        | Cisco Systems, Inc.                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |  17898573 | NS      | $1401816237.36 | 2.97%             |  |  |  | No            |                  1 | On Loan: —       |
| Sumitomo Mitsui Trust Bank Ltd.            | Sumitomo Mitsui Trust Bank Ltd.            | CUSIP: 86564XCX0<br>LEI: 5493006GGLR4BTEL8O61 | Long             | STIV             | CORP              | SG        |  21231000 | PA      | $21100161.84   | 0.04%             | 2026-03-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                       | JPMorgan Chase & Co.                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |   1640781 | NS      | $501898500.09  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                       | PPG Industries, Inc.                       | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |   2160060 | NS      | $249767737.80  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| T-Mobile US, Inc.                          | T-Mobile US, Inc.                          | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   2746143 | NS      | $541566861.03  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                             | BNP Paribas SA                             | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | RA               | CORP              | US        |  41144800 | PA      | $41144800.25   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.             | Apollo Global Management, Inc.             | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |   3609785 | NS      | $485660473.90  | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Ball Corp.                                 | Ball Corp.                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   3177756 | NS      | $180718983.72  | 0.38%             |  |  |  | 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      | $-561602.94    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Seagate Technology Holdings plc            | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |   1479915 | NS      | $603346546.35  | 1.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Target Corp.                               | Target Corp.                               | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |   2486509 | NS      | $262252104.23  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   4199380 | NS      | $437701377.40  | 0.93%             |  |  |  | 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      | $-2947408.86   | -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      | $-493434.62    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                 | Charles Schwab Corp. (The)                 | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   7845157 | NS      | $815268715.44  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies Capital SA                   | TotalEnergies Capital SA                   | CUSIP: 89152FBK0<br>LEI: 529900QI55ZLJVCMPA71 | Long             | STIV             | CORP              | FR        |   5000000 | PA      | $4989756.50    | 0.01%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand, Inc.                       | Ingersoll Rand, Inc.                       | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   5267655 | NS      | $453492418.95  | 0.96%             |  |  |  | No            |                  1 | On Loan: —       |
| Barclays Capital, Inc.                     | Barclays Capital, Inc.                     | CUSIP: N/A<br>LEI: AC28XWWI3WIBK2824319       | Long             | RA               | CORP              | US        |  24004151 | PA      | $24004151.11   | 0.05%             |  |  |  | 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      | $-2857658.63   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Co. (The)                        | Coca-Cola Co. (The)                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |  14164580 | NS      | $1059652229.80 | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DuPont de Nemours, Inc.                    | DuPont de Nemours, Inc.                    | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |   4158185 | NS      | $182627485.20  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Treasury Bills                        | U.S. Treasury Bills                        | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  50000000 | PA      | $49985054.00   | 0.11%             | 2026-02-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UBA9<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  65000000 | PA      | $64926738.50   | 0.14%             | 2026-02-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC            | CUSIP: 56274MBD3<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49928125.00   | 0.11%             | 2026-02-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co. (The)                 | Procter & Gamble Co. (The)                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   4617016 | NS      | $700724518.32  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC            | CUSIP: 56274MB27<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24992337.50   | 0.05%             | 2026-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Putnam Short Term Investment Fund          | Putnam Short Term Investment Fund, Class P | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        | 165401019 | NS      | $165401018.91  | 0.35%             |  |  |  | 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      | $-282163.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)            | Goldman Sachs Group, Inc. (The)            | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    722670 | NS      | $675992744.70  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                            | Microsoft Corp.                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2541450 | NS      | $1093560520.50 | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                      | Bank of America Corp.                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |  19389774 | NS      | $1031535976.80 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                             | Prologis, Inc.                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |   3508541 | NS      | $458075112.96  | 0.97%             |  |  |  | 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  | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC            | CUSIP: 56274MB68<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29978475.00   | 0.06%             | 2026-02-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Honeywell International, Inc.              | Honeywell International, Inc.              | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |   4101046 | NS      | $933069985.92  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                   | U.S. Treasury Bills                        | CUSIP: 912797TN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  67100000 | PA      | $66022486.06   | 0.14%             | 2026-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                  | RTX Corp.                                  | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |   3822292 | NS      | $768013131.56  | 1.62%             |  |  |  | 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      | $-882209.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                | Toronto-Dominion Bank (The)                | CUSIP: 89119BBC9<br>LEI: PT3QB789TSUIDF371261 | Long             | STIV             | CORP              | CA        |  16000000 | PA      | $15978404.80   | 0.03%             | 2026-02-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                         | State Street Corp.                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |   1901155 | NS      | $248785143.30  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Province of Quebec Canada                  | Province of Quebec Canada                  | CUSIP: 74800KBR2<br>LEI: 549300WN65YFEQH74Y36 | Long             | STIV             | NUSS              | CA        |  50000000 | PA      | $49869095.00   | 0.11%             | 2026-02-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AbbVie, Inc.                               | AbbVie, Inc.                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |   1882466 | NS      | $419808742.66  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                       | Vornado Realty Trust                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   7826800 | NS      | $249518384.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Manhattan Asset Funding Co. LLC            | Manhattan Asset Funding Co. LLC            | CUSIP: 56274MB35<br>LEI: 549300S0NSJYSOB32S63 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24989775.00   | 0.05%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.            | Regeneron Pharmaceuticals, Inc.            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |   1082054 | NS      | $802288938.30  | 1.70%             |  |  |  | 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        |  50000000 | PA      | $50000000.00   | 0.11%             | 2026-02-02      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United Rentals, Inc.                       | United Rentals, Inc.                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |    544816 | NS      | $426078800.96  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC Asset Management SA                    | KBC Asset Management SA                    | CUSIP: 89115DJD9<br>LEI: 549300G8E7ZEIUJCN520 | Long             | STIV             | CORP              | LU        |   4775000 | PA      | $4780619.70    | 0.01%             | 2026-12-10      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| American International Group, Inc.         | American International Group, Inc.         | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   5843102 | NS      | $437531477.76  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                   | UnitedHealth Group, Inc.                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |   1820910 | NS      | $522473706.30  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                         | General Motors Co.                         | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |  13936071 | NS      | $1170629964.00 | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Securities LLC                   | JP Morgan Securities LLC                   | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        | 250000000 | PA      | $250000000.00  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific, Inc.             | Thermo Fisher Scientific, Inc.             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1620718 | NS      | $937763641.98  | 1.98%             |  |  |  | No            |                  1 | On Loan: —       |
| FedEx Corp.                                | FedEx Corp.                                | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |   2376070 | NS      | $765688557.50  | 1.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Barclays Bank plc                          | Barclays Bank plc                          | CUSIP: 06741EDD9<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | STIV             | CORP              | GB        |  12750000 | PA      | $12651841.58   | 0.03%             | 2026-04-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EURO                                       | EURO                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | XX        |        -1 | OU      | $-1.04         | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.               | Charter Communications, Inc., Class A      | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    877134 | NS      | $180794860.08  | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Accenture plc                              | Accenture plc, Class A                     | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |   2988260 | NS      | $787824866.40  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                           | PulteGroup, Inc.                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6766632 | NS      | $846437996.88  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM, Inc.                             | QUALCOMM, Inc.                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |   1963047 | NS      | $297578294.73  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NRW Bank                                   | NRW Bank                                   | CUSIP: 62939MB48<br>LEI: 52990002O5KK6XOGJ020 | Long             | STIV             | CORP              | DE        |  50000000 | PA      | $49974830.00   | 0.11%             | 2026-02-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                           | NRG Energy, Inc.                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |   2572757 | NS      | $392679900.91  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                              | Walmart, Inc.                              | CUSIP: 93114FB94<br>LEI: Y87794H0US1R65VBXU25 | Long             | STIV             | CORP              | US        |  25000000 | PA      | $24974817.50   | 0.05%             | 2026-02-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                       | American Tower Corp.                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    791425 | NS      | $141886674.00  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                           | Novo Nordisk A/S                           | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |   7490835 | NS      | $445180324.05  | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Eastman Chemical Co.                       | Eastman Chemical Co.                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |   2248396 | NS      | $155858810.72  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia (The)                  | Bank of Nova Scotia (The)                  | CUSIP: N/A<br>LEI: L3I9ZG2KFGXZ61BMYR72       | Long             | RA               | CORP              | US        |   7201245 | PA      | $7201245.33    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Atlantic Asset Securitization LLC          | Atlantic Asset Securitization LLC          | CUSIP: 04821UBP6<br>LEI: 549300BUNY5BIX4CVW20 | Long             | STIV             | CORP              | US        |  19000000 | PA      | $18952961.70   | 0.04%             | 2026-02-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer