NYSE ARCA | ETF
The fund invests mainly in common stocks of largeU. S. companies, with a focus on growth stocks.
Under normal circumstances, it invests at least 80% of the fund"s net assets in companies of a size similar to those in the Russell 1000 Growth Index.
The fund"s investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a company"s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 10.90% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 9.96% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 9.60% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 8.89% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 5.11% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.44% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 4.09% |
| MA | Mastercard Inc | Financial Services | Credit Services | 3.93% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 3.65% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 2.95% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.85% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 2.65% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 2.37% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 2.17% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 2.01% |
| UNH | UnitedHealth Group Incorporated | Healthcare | Healthcare Plans | 1.97% |
| ISRG | Intuitive Surgical Inc | Healthcare | Medical Instruments & Supplies | 1.96% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 1.88% |
| CDNS | Cadence Design Systems Inc | Technology | Software - Application | 1.80% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 1.74% |