Putnam Dynamic Asset Allocation Balanced Fund

Fund Profile

Fund profile

Tickers

PABAX, AABCX, PAARX, PABYX

Fund manager

Putnam Asset Allocation Funds

Total assets

$2.29 bn

Liabilities

$181.43 mm

Net assets

$2.11 bn

Number of holdings

2.20 k

Top 200 of 2196 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
EQUITY INDEX FUTURE	208.34 mm	702.00 contracts	9.86	Equity derivative	N/A	USA
SHORT TERM INV FUND	128.29 mm	128.29 mm shares	6.07	Short-term investment vehicle	Long	USA
GOVERNMENT FUTURES	105.89 mm	515.00 contracts	5.01	Interest rate derivative	N/A	USA
AAPL Apple Inc.	88.85 mm	354.81 k shares	4.20	Common equity	Long	USA
GOVERNMENT FUTURES	87.06 mm	819.00 contracts	4.12	Interest rate derivative	N/A	USA
Total Return Swap GOLDMAN SACHS INTERNATIONAL	83.40 mm	534.04 k contracts	3.95	Equity derivative	N/A	USA
NVDA NVIDIA Corporation	80.41 mm	598.81 k shares	3.81	Common equity	Long	USA
Total Return Swap GOLDMAN SACHS INTERNATIONAL	77.04 mm	559.50 k contracts	3.65	Equity derivative	N/A	USA
MSFT Microsoft Corporation	76.94 mm	182.55 k shares	3.64	Common equity	Long	USA
Total Return Swap BARCLAYS BANK PLC	62.44 mm	424.41 k contracts	2.95	Equity derivative	N/A	USA
Total Return Swap BARCLAYS BANK PLC	62.12 mm	535.24 k contracts	2.94	Equity derivative	N/A	USA
AMZN Amazon.com, Inc.	57.10 mm	260.27 k shares	2.70	Common equity	Long	USA
GOVERNMENT FUTURES	46.87 mm	431.00 contracts	2.22	Interest rate derivative	N/A	USA
GOVERNMENT FUTURES	38.48 mm	338.00 contracts	1.82	Interest rate derivative	N/A	USA
META Meta Platforms, Inc.	37.19 mm	63.52 k shares	1.76	Common equity	Long	USA
GOVERNMENT FUTURES	35.91 mm	302.00 contracts	1.70	Interest rate derivative	N/A	USA
FNMA TBA	34.21 mm	42.00 mm principal	1.62	ABS-mortgage backed security	Long	USA
FNMA TBA	32.82 mm	34.00 mm principal	1.55	ABS-mortgage backed security	Long	USA
Broadcom Pte. Ltd.	26.88 mm	115.96 k shares	1.27	Common equity	Long	USA
TSLA Tesla, Inc.	24.32 mm	60.21 k shares	1.15	Common equity	Long	USA
GOOG Alphabet Inc.	22.40 mm	118.33 k shares	1.06	Common equity	Long	USA
WMT Walmart Inc.	19.78 mm	218.91 k shares	0.94	Common equity	Long	USA
LLY Eli Lilly and Company	19.51 mm	25.27 k shares	0.92	Common equity	Long	USA
NFLX Netflix, Inc.	18.63 mm	20.91 k shares	0.88	Common equity	Long	USA
FNMA TBA	18.16 mm	20.00 mm principal	0.86	ABS-mortgage backed security	Long	USA
EQUITY INDEX FUTURE	18.10 mm	61.00 contracts	0.86	Equity derivative	N/A	USA
C Citigroup Inc.	18.04 mm	256.32 k shares	0.85	Common equity	Long	USA
MA Mastercard Incorporated	17.97 mm	34.12 k shares	0.85	Common equity	Long	USA
GOOG Alphabet Inc.	17.01 mm	89.30 k shares	0.80	Common equity	Long	USA
U.S. T BILLS	16.57 mm	16.60 mm principal	0.78	Debt	Long	USA
PM Philip Morris International Inc.	15.00 mm	124.64 k shares	0.71	Common equity	Long	USA
FNMA TBA	12.38 mm	14.00 mm principal	0.59	ABS-mortgage backed security	Long	USA
ORCL Oracle Corporation	12.02 mm	72.13 k shares	0.57	Common equity	Long	USA
QCOM QUALCOMM Incorporated	11.54 mm	75.13 k shares	0.55	Common equity	Long	USA
GNMA TBA	11.27 mm	13.00 mm principal	0.53	ABS-mortgage backed security	Long	USA
ABBV AbbVie Inc.	11.17 mm	62.87 k shares	0.53	Common equity	Long	USA
MRK Merck & Co., Inc.	10.53 mm	105.81 k shares	0.50	Common equity	Long	USA
DASH DoorDash, Inc.	10.53 mm	62.75 k shares	0.50	Common equity	Long	USA
XOM Exxon Mobil Corporation	10.38 mm	96.52 k shares	0.49	Common equity	Long	USA
TJX The TJX Companies, Inc.	10.12 mm	83.76 k shares	0.48	Common equity	Long	USA
Cigna Holding Co	10.05 mm	36.39 k shares	0.48	Common equity	Long	USA
GNMA TBA	9.45 mm	10.00 mm principal	0.45	ABS-mortgage backed security	Long	USA
FNMA TBA	9.19 mm	9.00 mm principal	0.43	ABS-mortgage backed security	Long	USA
ADP Automatic Data Processing, Inc.	9.06 mm	30.95 k shares	0.43	Common equity	Long	USA
BAC Bank of America Corporation	9.06 mm	206.11 k shares	0.43	Common equity	Long	USA
MMM 3M Company	8.43 mm	65.33 k shares	0.40	Common equity	Long	USA
RTX RTX Corporation	8.19 mm	70.78 k shares	0.39	Common equity	Long	USA
LMT Lockheed Martin Corporation	8.01 mm	16.48 k shares	0.38	Common equity	Long	USA
KO The Coca-Cola Company	7.92 mm	127.27 k shares	0.38	Common equity	Long	USA
NOW ServiceNow, Inc.	7.87 mm	7.43 k shares	0.37	Common equity	Long	USA
CRM Salesforce, Inc.	7.67 mm	22.94 k shares	0.36	Common equity	Long	USA
BSX Boston Scientific Corporation	7.47 mm	83.68 k shares	0.35	Common equity	Long	USA
ADBE Adobe Inc.	7.43 mm	16.71 k shares	0.35	Common equity	Long	USA
CURRENCY FORWARDS MORGAN STANLEY AND CO. INTERNATIONAL	7.21 mm	1.00 contracts	0.34	DFE	N/A	USA
UNH UnitedHealth Group Incorporated	7.17 mm	14.18 k shares	0.34	Common equity	Long	USA
FNMA TBA	6.91 mm	7.00 mm principal	0.33	ABS-mortgage backed security	Short	USA
PYPL PayPal Holdings, Inc.	6.88 mm	80.57 k shares	0.33	Common equity	Long	USA
FR30	6.86 mm	7.91 mm principal	0.32	ABS-mortgage backed security	Long	USA
V Visa Inc.	6.80 mm	21.53 k shares	0.32	Common equity	Long	USA
MET MetLife, Inc.	6.60 mm	80.59 k shares	0.31	Common equity	Long	USA
Simon Property Group, Inc.	6.53 mm	37.92 k shares	0.31	Common equity	Long	USA
GNMA TBA	6.45 mm	7.00 mm principal	0.31	ABS-mortgage backed security	Long	USA
COF Capital One Financial Corporation	6.27 mm	35.16 k shares	0.30	Common equity	Long	USA
GII30	6.23 mm	7.15 mm principal	0.29	ABS-mortgage backed security	Long	USA
MPC Marathon Petroleum Corporation	6.00 mm	43.04 k shares	0.28	Common equity	Long	USA
CDNS Cadence Design Systems, Inc.	5.89 mm	19.60 k shares	0.28	Common equity	Long	USA
PHM PulteGroup, Inc.	5.83 mm	53.56 k shares	0.28	Common equity	Long	USA
UBER Uber Technologies, Inc.	5.72 mm	94.83 k shares	0.27	Common equity	Long	USA
CURRENCY FORWARDS UBS AG	5.66 mm	1.00 contracts	0.27	DFE	N/A	USA
FNMA TBA	5.64 mm	6.00 mm principal	0.27	ABS-mortgage backed security	Short	USA
PG The Procter & Gamble Company	5.59 mm	33.33 k shares	0.26	Common equity	Long	USA
ISRG Intuitive Surgical, Inc.	5.51 mm	10.55 k shares	0.26	Common equity	Long	USA
GS The Goldman Sachs Group, Inc.	5.49 mm	9.58 k shares	0.26	Common equity	Long	USA
REGN Regeneron Pharmaceuticals, Inc.	5.46 mm	7.66 k shares	0.26	Common equity	Long	USA
FDX FedEx Corporation	5.40 mm	19.18 k shares	0.26	Common equity	Long	USA
KIOR Kior Inc	5.37 mm	69.92 k shares	0.25	Common equity	Long	USA
VST Vistra Corp.	5.35 mm	38.77 k shares	0.25	Common equity	Long	USA
GM General Motors Company	5.22 mm	98.08 k shares	0.25	Common equity	Long	USA
MCK McKesson Corporation	5.08 mm	8.91 k shares	0.24	Common equity	Long	USA
CURRENCY FORWARDS NATWEST MARKETS PLC	5.03 mm	1.00 contracts	0.24	DFE	N/A	UK
ORDINARY SHARES	5.02 mm	7.17 k shares	0.24	Common equity	Long	Netherlands
VEEV Veeva Systems Inc.	5.00 mm	23.78 k shares	0.24	Common equity	Long	USA
CURRENCY FORWARDS UBS AG	4.98 mm	1.00 contracts	0.24	DFE	N/A	USA
UNP Union Pacific Corporation	4.94 mm	21.68 k shares	0.23	Common equity	Long	USA
MSI Motorola Solutions, Inc.	4.86 mm	10.52 k shares	0.23	Common equity	Long	USA
GII30	4.86 mm	5.58 mm principal	0.23	ABS-mortgage backed security	Long	USA
GNMA TBA	4.85 mm	5.00 mm principal	0.23	ABS-mortgage backed security	Long	USA
PNC The PNC Financial Services Group, Inc.	4.85 mm	25.13 k shares	0.23	Common equity	Long	USA
TMO Thermo Fisher Scientific Inc.	4.82 mm	9.27 k shares	0.23	Common equity	Long	USA
NRG NRG Energy, Inc.	4.60 mm	51.01 k shares	0.22	Common equity	Long	USA
MDLZ Mondelez International, Inc.	4.45 mm	74.51 k shares	0.21	Common equity	Long	USA
EXC Exelon Corporation	4.39 mm	116.63 k shares	0.21	Common equity	Long	USA
MDT Medtronic plc	4.36 mm	54.62 k shares	0.21	Common equity	Long	Ireland
BKNG Booking Holdings Inc.	4.30 mm	866.00 shares	0.20	Common equity	Long	USA
CRH CRH plc	4.28 mm	46.21 k shares	0.20	Common equity	Long	USA
TMUS T-Mobile US, Inc.	4.27 mm	19.32 k shares	0.20	Common equity	Long	USA
LUV Southwest Airlines Co.	4.26 mm	126.80 k shares	0.20	Common equity	Long	USA
CMG Chipotle Mexican Grill, Inc.	4.20 mm	69.69 k shares	0.20	Common equity	Long	USA
APO Apollo Global Management, Inc.	4.20 mm	25.40 k shares	0.20	Common equity	Long	USA
JPM JPMorgan Chase & Co.	4.16 mm	17.35 k shares	0.20	Common equity	Long	USA
AMT American Tower Corporation	4.14 mm	22.56 k shares	0.20	Common equity	Long	USA
NOC Northrop Grumman Corporation	4.13 mm	8.79 k shares	0.20	Common equity	Long	USA
TT Trane Technologies plc	4.12 mm	11.17 k shares	0.20	Common equity	Long	Ireland
SCHW The Charles Schwab Corporation	4.09 mm	55.20 k shares	0.19	Common equity	Long	USA
FTI TechnipFMC plc	4.01 mm	138.52 k shares	0.19	Common equity	Long	UK
CURRENCY FORWARDS UBS AG	3.94 mm	1.00 contracts	0.19	DFE	N/A	USA
FCX Freeport-McMoRan Inc.	3.94 mm	103.37 k shares	0.19	Common equity	Long	USA
VRT Vertiv Holdings Co	3.92 mm	34.46 k shares	0.19	Common equity	Long	USA
STT State Street Corporation	3.84 mm	39.10 k shares	0.18	Common equity	Long	USA
NEE NextEra Energy, Inc.	3.82 mm	53.35 k shares	0.18	Common equity	Long	USA
HON Honeywell International Inc.	3.78 mm	16.72 k shares	0.18	Common equity	Long	USA
CME CME Group Inc.	3.72 mm	16.01 k shares	0.18	Common equity	Long	USA
CTVA Corteva, Inc.	3.70 mm	65.04 k shares	0.18	Common equity	Long	USA
AIG American International Group, Inc.	3.70 mm	50.88 k shares	0.18	Common equity	Long	USA
COP ConocoPhillips	3.59 mm	36.19 k shares	0.17	Common equity	Long	USA
FN30	3.58 mm	4.33 mm principal	0.17	ABS-mortgage backed security	Long	USA
ORDINARY SHARES	3.57 mm	41.41 k shares	0.17	Common equity	Long	Denmark
CURRENCY FORWARDS HSBC BANK USA	3.55 mm	1.00 contracts	0.17	DFE	N/A	USA
GII30	3.52 mm	4.04 mm principal	0.17	ABS-mortgage backed security	Long	USA
ORDINARY SHARES	3.47 mm	251.46 k shares	0.16	Common equity	Long	Spain
CMCSA Comcast Corporation	3.46 mm	92.29 k shares	0.16	Common equity	Long	USA
FNMA TBA	3.40 mm	4.00 mm principal	0.16	ABS-mortgage backed security	Short	USA
GII30	3.38 mm	3.89 mm principal	0.16	ABS-mortgage backed security	Long	USA
ALL The Allstate Corporation	3.37 mm	17.46 k shares	0.16	Common equity	Long	USA
IR Ingersoll Rand Inc.	3.35 mm	37.07 k shares	0.16	Common equity	Long	USA
CURRENCY FORWARDS STATE STREET B AND T CO	3.35 mm	1.00 contracts	0.16	DFE	N/A	USA
BMY Bristol-Myers Squibb Company	3.34 mm	58.99 k shares	0.16	Common equity	Long	USA
ORDINARY SHARES	3.33 mm	26.80 k shares	0.16	Common equity	Long	Japan
Johnson Controls Inc	3.33 mm	42.13 k shares	0.16	Common equity	Long	USA
GII30	3.28 mm	3.78 mm principal	0.16	ABS-mortgage backed security	Long	USA
ORDINARY SHARES	3.25 mm	91.42 k shares	0.15	Common equity	Long	France
HLT Hilton Worldwide Holdings Inc.	3.24 mm	13.11 k shares	0.15	Common equity	Long	USA
VAR.RT. CORP. BONDS	3.23 mm	3.68 mm principal	0.15	Debt	Long	USA
ORDINARY SHARES	3.22 mm	33.16 k shares	0.15	Common equity	Long	France
EQH Equitable Holdings, Inc.	3.22 mm	68.34 k shares	0.15	Common equity	Long	USA
SHW The Sherwin-Williams Company	3.19 mm	9.37 k shares	0.15	Common equity	Long	USA
FN30	3.16 mm	3.83 mm principal	0.15	ABS-mortgage backed security	Long	USA
VZ Verizon Communications Inc.	3.14 mm	78.60 k shares	0.15	Common equity	Long	USA
COMMON STOCK - ADR	3.13 mm	47.83 k shares	0.15	Common equity	Long	UK
ORDINARY SHARES	3.10 mm	5.25 k shares	0.15	Common equity	Long	Switzerland
TGT Target Corporation	3.09 mm	22.89 k shares	0.15	Common equity	Long	USA
ABT Abbott Laboratories	3.08 mm	27.24 k shares	0.15	Common equity	Long	USA
SBUX Starbucks Corporation	3.02 mm	33.06 k shares	0.14	Common equity	Long	USA
ORDINARY SHARES	3.00 mm	95.60 k shares	0.14	Common equity	Long	UK
ORDINARY SHARES	2.99 mm	6.69 k shares	0.14	Common equity	Long	Sweden
FR30	2.94 mm	3.60 mm principal	0.14	ABS-mortgage backed security	Long	USA
Credit Default Swap Basket Index	2.93 mm	131.22 mm contracts	0.14	Credit derivative	N/A	USA
FN30	2.92 mm	2.85 mm principal	0.14	ABS-mortgage backed security	Long	USA
VLO Valero Energy Corporation	2.92 mm	23.81 k shares	0.14	Common equity	Long	USA
DD DuPont de Nemours, Inc.	2.92 mm	38.24 k shares	0.14	Common equity	Long	USA
FN30	2.90 mm	3.55 mm principal	0.14	ABS-mortgage backed security	Long	USA
ORDINARY SHARES	2.88 mm	32.39 k shares	0.14	Common equity	Long	France
ORDINARY SHARES	2.87 mm	245.80 k shares	0.14	Common equity	Long	Japan
VNO Vornado Realty Trust	2.85 mm	67.82 k shares	0.13	Common equity	Long	USA
DHR Danaher Corporation	2.78 mm	12.10 k shares	0.13	Common equity	Long	USA
CBRE CBRE Group, Inc.	2.75 mm	20.96 k shares	0.13	Common equity	Long	USA
ORDINARY SHARES	2.75 mm	14.10 k shares	0.13	Common equity	Long	Germany
ORDINARY SHARES	2.71 mm	46.60 k shares	0.13	Common equity	Long	Japan
LIN Linde plc	2.71 mm	6.47 k shares	0.13	Common equity	Long	USA
URI United Rentals, Inc.	2.70 mm	3.84 k shares	0.13	Common equity	Long	USA
U.S. T BILLS	2.70 mm	2.70 mm principal	0.13	Debt	Long	USA
PPL PPL Corporation	2.67 mm	82.25 k shares	0.13	Common equity	Long	USA
ORDINARY SHARES	2.64 mm	27.09 k shares	0.12	Common equity	Long	Switzerland
Leidos Holdings, Inc.	2.63 mm	18.24 k shares	0.12	Common equity	Long	USA
CPRT Copart, Inc.	2.60 mm	45.37 k shares	0.12	Common equity	Long	USA
C Citigroup Inc.	2.59 mm	2.67 mm principal	0.12	Debt	Long	USA
ORDINARY SHARES	2.57 mm	19.75 k shares	0.12	Common equity	Long	UK
Eaton Corp. Plc	2.56 mm	7.72 k shares	0.12	Common equity	Long	USA
ORDINARY SHARES	2.56 mm	557.11 k shares	0.12	Common equity	Long	UK
FN40	2.55 mm	2.88 mm principal	0.12	ABS-mortgage backed security	Long	USA
NXPI NXP Semiconductors N.V.	2.54 mm	12.24 k shares	0.12	Common equity	Long	Netherlands
JPM JPMorgan Chase & Co.	2.54 mm	2.62 mm principal	0.12	Debt	Long	USA
BRK-B Berkshire Hathaway Inc.	2.54 mm	5.59 k shares	0.12	Common equity	Long	USA
FN30	2.53 mm	3.07 mm principal	0.12	ABS-mortgage backed security	Long	USA
CHTR Charter Communications, Inc.	2.52 mm	7.36 k shares	0.12	Common equity	Long	USA
ALLY Ally Financial Inc.	2.52 mm	69.99 k shares	0.12	Common equity	Long	USA
CP Canadian Pacific Railway Limited	2.51 mm	34.74 k shares	0.12	Common equity	Long	Canada
VAR.RT. CORP. BONDS	2.51 mm	2.60 mm principal	0.12	Debt	Long	USA
PPG PPG Industries, Inc.	2.50 mm	20.92 k shares	0.12	Common equity	Long	USA
GS The Goldman Sachs Group, Inc.	2.49 mm	2.55 mm principal	0.12	Debt	Long	USA
CURRENCY FORWARDS STATE STREET B AND T CO	2.46 mm	1.00 contracts	0.12	DFE	N/A	USA
ORDINARY SHARES	2.45 mm	23.82 k shares	0.12	Common equity	Long	France
CRBG Corebridge Financial, Inc.	2.45 mm	81.73 k shares	0.12	Common equity	Long	USA
HD The Home Depot, Inc.	2.44 mm	6.26 k shares	0.12	Common equity	Long	USA
FN30	2.42 mm	2.83 mm principal	0.11	ABS-mortgage backed security	Long	USA
EFX Equifax Inc.	2.41 mm	9.47 k shares	0.11	Common equity	Long	USA
OTIS Otis Worldwide Corporation	2.29 mm	24.68 k shares	0.11	Common equity	Long	USA
HOOD Robinhood Markets, Inc.	2.22 mm	59.70 k shares	0.11	Common equity	Long	USA
VAR.RT. CORP. BONDS	2.22 mm	2.33 mm principal	0.11	Debt	Long	USA
ORDINARY SHARES	2.22 mm	15.70 k shares	0.10	Common equity	Long	UK
CL Colgate-Palmolive Company	2.16 mm	23.80 k shares	0.10	Common equity	Long	USA
ORDINARY SHARES	2.15 mm	19.20 k shares	0.10	Common equity	Long	Netherlands
LYV Live Nation Entertainment, Inc.	2.13 mm	16.44 k shares	0.10	Common equity	Long	USA
FN30	2.13 mm	2.46 mm principal	0.10	ABS-mortgage backed security	Long	USA
FN30	2.11 mm	2.59 mm principal	0.10	ABS-mortgage backed security	Long	USA
ORDINARY SHARES	2.11 mm	63.32 k shares	0.10	Common equity	Long	UK
GE General Electric Company	2.10 mm	12.60 k shares	0.10	Common equity	Long	USA
FN30	2.10 mm	2.35 mm principal	0.10	ABS-mortgage backed security	Long	USA
LPX Louisiana-Pacific Corporation	2.08 mm	20.11 k shares	0.10	Common equity	Long	USA
GLPI Gaming and Leisure Properties, Inc.	2.07 mm	42.96 k shares	0.10	Common equity	Long	USA