Putnam BDC Income
PBDC • ARCA
Putnam BDC Income is an exchange-traded fund on ARCA. As of Q3 2025, 44 institutional investors hold shares in this ETF, with total holdings valued at $56.8M. CONDOR CAPITAL MANAGEMENT is the largest holder with a position valued at $5.3M.
Overview
Overview of institutional ownership in PBDC as of Q3 2025
All Institutions
- Institutions
- 44
- Value Held
- $56.8M
- Shares Held
- 1.8M
- Avg Position
- $1.3M
- Median Position
- $611.0K
Hedge Funds
- Hedge Funds
- 1
- Value Held
- $540.6K
- Shares Held
- 18.0K
- Avg Position
- $540.6K
- Median Position
- $540.6K
Biggest Investors
Institutions with the largest positions in PBDC as of Q3 2025
| Institution | Position Value |
|---|---|
 CONDOR CAPITAL MANAGEMENT RIA/Wealth | $5.3M 0.43% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $5.2M 0.00% of portfolio |
 COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | $5.1M 0.01% of portfolio |
 Evolution Wealth Advisors, LLC RIA/Wealth | $4.2M 0.57% of portfolio |
 Cetera Investment Advisers RIA/Wealth | $3.6M 0.00% of portfolio |
$3.2M 0.02% of portfolio | |
C CI Private Wealth, LLC RIA/Wealth | $2.8M 0.00% of portfolio |
$2.8M 1.05% of portfolio | |
L LPL Financial LLC Institution | $2.6M 0.00% of portfolio |
 Newbridge Financial Services Group, Inc. RIA/Wealth | $1.8M 0.28% of portfolio |
Net Capital Flow
Institutional buying and selling activity for PBDC in Q3 2025
- Traded
- +$9.2M
- Buyers
- 32
- Sellers
- 9
- Total Bought
- +$11.4M
- Total Sold
- −$2.2M
- Avg Position
- $1.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
Cetera Investment Advisers RIA/Wealth | +$1.9M +58.9K shares |
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | +$1.8M +57.5K shares |
 Haven Private, LLC RIA/Wealth | +$1.7M +52.1K shares |
R ROYAL BANK OF CANADA Institution | +$827.2K +26.0K shares |
 Discipline Wealth Solutions, LLC RIA/Wealth | +$605.5K +19.1K shares |
K KC Investment Advisors, LLC Institution | +$576.7K +18.8K shares |
J JANE STREET GROUP, LLC Institution | +$574.3K +18.1K shares |
 RFG Advisory Group, LLC RIA/Wealth | +$542.1K +17.1K shares |
 HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy | +$540.6K +18.0K shares |
 UBS Group AG Institution | +$488.2K +15.4K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
−$827.7K −24.5K shares | |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$759.2K −23.9K shares |
 GUIDANCE CAPITAL, INC RIA/Wealth | −$379.0K −11.3K shares |
 Wealthcare Advisory Partners LLC RIA/Wealth | −$122.2K −3.8K shares |
Evolution Wealth Advisors, LLC RIA/Wealth | −$54.7K −1.7K shares |
 Ameritas Advisory Services, LLC RIA/Wealth | −$28.8K −850.0 shares |
 CWM, LLC RIA/Wealth | −$22.7K −713.0 shares |
 Apollon Wealth Management, LLC RIA/Wealth | −$17.3K −545.0 shares |
 3EDGE Asset Management, LP Long Only Manager | −$5.9K −185.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited PBDC in Q3 2025
- New Positions
- 8
- New Value
- $4.2M
- Exited Positions
- 3
- Exited Value
- $1.2M
New Positions
| Institution | Position Value |
|---|---|
Haven Private, LLC RIA/Wealth | $1.7M 52.1K shares |
Discipline Wealth Solutions, LLC RIA/Wealth | $605.5K 19.1K shares |
K KC Investment Advisors, LLC Institution | $576.7K 18.8K shares |
J JANE STREET GROUP, LLC Institution | $574.3K 18.1K shares |
HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy | $540.6K 18.0K shares |
D D. E. Shaw & Co., Inc. Institution | $269.9K 8.5K shares |
 Rockefeller Capital Management L.P. Long Only Manager | $12.1K 379.0 shares |
 Farther Finance Advisors, LLC RIA/Wealth | $9.5K 300.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
$827.7K 24.5K shares | |
GUIDANCE CAPITAL, INC RIA/Wealth | $379.0K 11.3K shares |
Ameritas Advisory Services, LLC RIA/Wealth | $28.8K 850.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in PBDC as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with PBDC as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
1.05% $2.8M | |
Haven Private, LLC RIA/Wealth | 0.73% $1.7M |
 Prosperity Financial Group, Inc. RIA/Wealth | 0.67% $1.7M |
Evolution Wealth Advisors, LLC RIA/Wealth | 0.57% $4.2M |
CONDOR CAPITAL MANAGEMENT RIA/Wealth | 0.43% $5.3M |
Newbridge Financial Services Group, Inc. RIA/Wealth | 0.28% $1.8M |
Discipline Wealth Solutions, LLC RIA/Wealth | 0.16% $605.5K |
K KC Investment Advisors, LLC Institution | 0.16% $576.7K |
 SMITH, MOORE & CO. RIA/Wealth | 0.10% $1.3M |
3EDGE Asset Management, LP Long Only Manager | 0.06% $1.1M |
Hedge Fund Spotlight
Discover hedge funds investing in PBDC
HBK Sorce Advisory LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerMatthew Atcheson Leffers
- Portfolio Value
- $4.1B
- Positions
- 732
- Last Reported
- Q3 2025
Sector Allocation
Position in Putnam BDC Income
- Market Value
- $540.6K
- Shares Held
- 18.0K
- Portfolio Weight
- 0.01%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $897.0M | 21.96% | |
ETF ETF | $680.4M | 16.66% | |
ETF ETF | $464.3M | 11.37% |
