# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000940400-25-005622
**Filing Date:** 2025-10
**Character Count:** 18295
**Document Hash:** 7204fe1d97b0c3b8676f67fba8b1ce45
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-005622.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000940400-25-005622

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250829

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam ETF Trust
- **CENTRAL INDEX KEY:** 0001845809

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23643
- **FILM NUMBER:** 251429370

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 6177601060

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Series and Classes Contracts Data

### Putnam Focused Large Cap Value ETF (Series ID: S000071710)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000227196 | -            |  |

## 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 ETF Trust

- **b. Investment Company Act file number:** 811-23643

- **c. CIK number of Registrant:** 0001845809

- **d. LEI of Registrant:** 549300EMFKH8ETCKNO35

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

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

- **b. EDGAR series identifier (if any):** S000071710

- **c. LEI of Series:** 549300I6YUFRH81I6G12

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-29

**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:** $4214923567.89

**Total Liabilities:** $8655733.50

**Net Assets:** $4206267834.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227196 | 4.66%                | 4.35%                | 3.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12377759.72             | $129889106.10                              |
| Month 2  | $37740966.20             | $-2741638.23                               |
| Month 3  | $27367721.45             | $105801593.13                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ConocoPhillips                      | ConocoPhillips                      | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    824130 | NS      | $81564146.10  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                      | Amazon.com Inc                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    528241 | NS      | $120967189.00 | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc              | UnitedHealth Group Inc              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    212773 | NS      | $65931969.51  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                | Bank of America Corp                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2462266 | NS      | $124935376.84 | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                  | NextEra Energy Inc                  | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   1137666 | NS      | $81968835.30  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc       | Regeneron Pharmaceuticals Inc       | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |    105917 | NS      | $61506001.90  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                      | NRG Energy Inc                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    313165 | NS      | $45584297.40  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                   | General Motors Co                   | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |   1479379 | NS      | $86676815.61  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp          | Capital One Financial Corp          | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    520817 | NS      | $118340038.74 | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International      | Johnson Controls International plc  | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |    743776 | NS      | $79502216.64  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                  | Valero Energy Corp                  | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    384461 | NS      | $58441916.61  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                       | Citigroup Inc                       | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |   1760358 | NS      | $169997772.06 | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                     | AstraZeneca PLC                     | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    989262 | NS      | $79042033.80  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                   | Cisco Systems Inc                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1898156 | NS      | $131143598.04 | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Government Money Market Fund | Putnam Government Money Market Fund | CUSIP: 74680A869<br>LEI: 549300SEUI2XMME8T893 | Long             | STIV             | RF                | US        |  95653031 | NS      | $95653030.51  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                  | United Rentals Inc                  | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     54984 | NS      | $52583398.56  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc        | Thermo Fisher Scientific Inc        | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    218790 | NS      | $107802208.80 | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                           | Sanofi SA                           | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |   1460421 | NS      | $72261631.08  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc       | Hilton Worldwide Holdings Inc       | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    438784 | NS      | $121130711.04 | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL      | Seagate Technology Holdings PLC     | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | US        |    548725 | NS      | $91856565.00  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                    | Novo Nordisk A/S                    | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    225609 | NS      | $12737884.14  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                  | Ingersoll Rand Inc                  | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    824164 | NS      | $65463346.52  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp               | Northrop Grumman Corp               | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    159122 | NS      | $93888344.88  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The                    | Coca-Cola Co/The                    | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |   1759774 | NS      | $121406808.26 | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In      | Philip Morris International Inc     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    751283 | NS      | $125561927.79 | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                      | PulteGroup Inc                      | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    712896 | NS      | $94116529.92  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                       | McKesson Corp                       | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |    164682 | NS      | $113077248.48 | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                         | Corteva Inc                         | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |   1059315 | NS      | $78590579.85  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc          | Charter Communications Inc          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    109750 | NS      | $29147405.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The         | Goldman Sachs Group Inc/The         | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |    100860 | NS      | $75165915.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                    | Exxon Mobil Corp                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |   1262337 | NS      | $144272495.73 | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                          | FedEx Corp                          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    329286 | NS      | $76088116.02  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                            | PPL Corp                            | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   2044092 | NS      | $74548035.24  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I      | BJ's Wholesale Club Holdings Inc    | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    572249 | NS      | $55897282.32  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc        | Apollo Global Management Inc        | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    503721 | NS      | $68621911.83  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The             | Charles Schwab Corp/The             | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1113378 | NS      | $106706147.52 | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                        | Prologis Inc                        | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    701627 | NS      | $79831120.06  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                | Freeport-McMoRan Inc                | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   2140944 | NS      | $95057913.60  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                       | Blackrock Inc                       | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     56496 | NS      | $63678901.44  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co               | Southwest Airlines Co               | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |   3036488 | NS      | $99900455.20  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group I      | American International Group Inc    | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   1581703 | NS      | $128624087.96 | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                        | Alphabet Inc                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    528712 | NS      | $112568071.92 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                         | Walmart Inc                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1595767 | NS      | $154757483.66 | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                     | T-Mobile US Inc                     | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    275203 | NS      | $69348403.97  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                        | QUALCOMM Inc                        | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    384385 | NS      | $61782201.05  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                      | Microsoft Corp                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    219243 | NS      | $111088235.67 | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** Putnam ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer, US Fund Administration and Oversight