Putnam Fund Boosts Apple Stake with $3.57 Billion Holding
Putnam Large Cap Value Fund has significantly increased its stake in Apple Inc. (AAPL), holding 11.55 million shares as of July 31, 2026. This investment is valued at $3.57 billion, making up 6.57% of the fund's total portfolio. The fund's holding represents 0.08% of Apple's outstanding shares.
The initial purchase of AAPL shares occurred in the third quarter of 2026. Putnam made one purchase of 11.55 million shares at an average price of $306.22 per share. With Apple's current stock price at $332.89, the fund has realized an estimated gain of $307.91 million, reflecting an 8.71% return on its investment.
Quarterly data shows no further buys or sells of AAPL shares by Putnam Large Cap Value Fund since the initial investment. The fund's strategy appears to be a long-term hold, as no transactions have been recorded in subsequent quarters.