Invests in stocks that represent the highest-conviction ideas from Putnam’s Equity Research team.
A message from Kate Lakin, Portfolio Manager and Director of Research
Learn about Putnam’s U.S. research strategy and the disciplined team working to deliver performance excellence for investors.
A portfolio built on research by industry experts
Putnam U.S. Research is a sector-neutral portfolio that seeks to outperform the S&P 500 Index. It invests in the best ideas from Putnam analysts, and its goal is to drive outperformance predominantly from stock selection.
Best-ideas approach
Tenured sleeve managers
The portfolio consists of sector-specific sleeves; each sleeve is managed by an analyst with full autonomy to make all buy/sell decisions.
Risk management sleeve
This unique sleeve is 10% of total portfolio assets and allows for additional control over the portfolio’s risk profile.
A tenured team with individual accountability and a collective pursuit of outperformance
Portfolio Managers Kate Lakin and Matt LaPlant, CFA, are responsible for portfolio construction and risk management for the strategy overall. Sector analysts are solely responsible for their sleeve decisions, but they do collaborate with other analysts to build confidence in ideas. The risk management sleeve, managed by Matt, invests in the top ideas across sector sleeves.
Kate Lakin
Director of Research
Portfolio Manager
Matt LaPlant, CFA
Portfolio Manager
Quantitative Analyst
Extensive expertise behind every sector-specific sleeve
Thoughtful portfolio construction
- Significant “active bets” within sleeves
- Low correlation between sleeves
- Managers consider multiple outcomes with a focus on potential downside exposure
Risk management is embedded in portfolio construction
- Source: Start with the 5–6 highest-conviction stocks held within each sector sleeve
- Optimize: Run the portfolio through our optimization tool to understand its risk profile
- Implement: Risk management sleeve adds to existing positions to minimize any structural biases or factor tilts identified by our risk model
Get more insights on the portfolio and research at Putnam
Download A best-ideas portfolio with integrated risk management to learn more about the portfolio’s management team and its collective pursuit of outperformance.
Explore multiple ways to invest
| Equity Strategy | Separate Account | Mutual Fund | SMA/Model | ETF | CIT | UCITS |
|---|---|---|---|---|---|---|
| U.S. Research |  |
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Equity insights from the team
About Putnam Investments
Putnam is a diversified equity asset manager serving investors worldwide. With roots dating back to 1937, we offer decades of experience in changing markets and investment professionals with extensive knowledge of industries and sectors. As a Franklin Templeton company, we benefit from the resources, scale, and stability of one of the world's largest asset managers.