UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: (811-06190)

Exact name of registrant as specified in charter: Putnam International Equity Fund

Address of principal executive offices: One Post Office Square, Boston, Massachusetts 02109

Name and address of agent for service: Robert T. Burns, Vice President
One Post Office Square
Boston, Massachusetts 02109

Copy to:         Bryan Chegwidden, Esq.
Ropes & Gray LLP
1211 Avenue of the Americas
New York, New York 10036

Registrant’s telephone number, including area code: (617) 292-1000

Date of fiscal year end: June 30, 2016

Date of reporting period: September 30, 2015

Item 1. Schedule of Investments:

Putnam International Equity Fund
The fund's portfolio
9/30/15 (Unaudited)
COMMON STOCKS (98.0%)(a)
		Shares	Value
Australia (2.1%)
Challenger, Ltd.		2,376,103	$11,945,700
Telstra Corp., Ltd.		2,091,106	8,255,143
			20,200,843
Brazil (0.1%)
FabFurnish GmbH (acquired 8/2/13, cost $20) (Private)(F)(RES)(NON)		15	13
Global Fashion Holding SA (acquired 8/2/13, cost $1,009,308) (Private)(F)(RES)(NON)		23,826	620,540
New Bigfoot Other Assets GmbH (acquired 8/2/13, cost $20) (Private)(F)(RES)(NON)		15	13
New Middle East Other Assets GmbH (acquired 8/2/13, cost $8) (Private)(F)(RES)(NON)		6	5
			620,571
Canada (0.9%)
Intact Financial Corp.		119,000	8,357,197
			8,357,197
China (2.7%)
China Mobile, Ltd.		598,500	7,143,155
Ctrip.com International, Ltd. ADR(NON)(S)		66,500	4,201,470
Skyworth Digital Holdings, Ltd.		9,882,000	6,745,204
Tencent Holdings, Ltd.		431,100	7,250,470
			25,340,299
France (15.5%)
Accor SA		247,027	11,564,006
Air Liquide SA		74,555	8,834,660
Airbus Group SE		228,147	13,551,018
Alcatel-Lucent(NON)		2,713,875	9,991,470
Gaztransport Et Technigaz SA		103,418	5,373,994
Natixis SA		1,567,961	8,663,297
Numericable-SFR(NON)		231,059	10,701,850
Sanofi		174,281	16,602,991
Societe Generale SA		213,615	9,555,436
Total SA		431,608	19,459,082
Valeo SA		57,512	7,788,312
Veolia Environnement SA		1,015,795	23,278,304
			145,364,420
Germany (3.8%)
Henkel AG & Co. KGaA (Preference)		129,506	13,306,206
RIB Software AG		162,266	2,549,932
Siemens AG		136,439	12,189,901
Zalando SE(NON)		220,731	7,310,963
			35,357,002
Hong Kong (0.6%)
WH Group, Ltd. 144A(NON)		10,496,000	5,228,612
			5,228,612
India (1.6%)
Axis Bank, Ltd.		765,459	5,800,741
Bharti Infratel, Ltd.		938,447	5,084,832
Tata Motors, Ltd.(NON)		874,332	3,990,570
			14,876,143
Ireland (4.2%)
Bank of Ireland(NON)		27,376,477	10,657,595
Kerry Group PLC Class A		151,879	11,420,838
Permanent TSB Group Holdings PLC(NON)		1,447,023	7,693,843
Smurfit Kappa Group PLC		341,769	9,187,922
			38,960,198
Italy (2.5%)
Luxottica Group SpA		146,813	10,205,586
Telecom Italia SpA RSP		13,002,583	13,343,813
			23,549,399
Japan (21.5%)
Astellas Pharma, Inc.		820,400	10,650,501
Daikin Industries, Ltd.		156,600	8,804,928
Electric Power Development Co., Ltd.		281,000	8,619,786
Japan Airlines Co., Ltd.		262,200	9,256,276
Japan Tobacco, Inc.		479,300	14,909,981
JTEKT Corp		669,800	9,398,699
Kao Corp.		202,600	9,204,787
KDDI Corp.		556,000	12,451,247
LIXIL Group Corp.		434,900	8,845,034
Mitsubishi Corp.		588,700	9,679,013
Nintendo Co., Ltd.		74,100	12,518,585
Panasonic Corp.		1,058,200	10,742,917
Shinsei Bank, Ltd.		3,527,000	7,285,405
Sumitomo Mitsui Financial Group, Inc.		519,100	19,760,835
Tokyo Gas Co., Ltd.		2,981,000	14,490,784
Toyota Motor Corp.		469,700	27,625,097
Yamaha Motor Co., Ltd.		371,900	7,500,824
			201,744,699
Netherlands (4.2%)
Akzo Nobel NV		136,154	8,851,463
ING Groep NV GDR		1,117,858	15,868,762
Unilever NV ADR		374,222	15,060,293
			39,780,518
New Zealand (1.0%)
Spark New Zealand, Ltd.		4,831,557	9,209,376
			9,209,376
Norway (0.8%)
DNB ASA		582,743	7,594,296
			7,594,296
Singapore (0.4%)
Ezion Holdings, Ltd.(S)		8,150,100	3,751,016
			3,751,016
South Korea (0.8%)
Samsung Electronics Co., Ltd.		7,418	7,133,866
			7,133,866
Spain (3.9%)
Acerinox SA(S)		466,826	4,171,038
Atresmedia Corporacion de Medios de Comunicacion SA		648,862	8,256,090
Cellnex Telecom SAU 144A(NON)		395,223	6,725,737
Grifols SA ADR(S)		208,907	6,350,773
International Consolidated Airlines Group SA(NON)		1,192,456	10,641,773
			36,145,411
Sweden (3.1%)
Assa Abloy AB Class B		637,004	11,441,726
Com Hem Holding AB		1,174,413	9,821,874
Intrum Justita AB		213,831	7,397,459
			28,661,059
Switzerland (4.2%)
Credit Suisse Group AG		491,316	11,819,930
Novartis AG		297,569	27,410,493
			39,230,423
United Arab Emirates (0.8%)
Dubai Islamic Bank PJSC		4,302,692	7,886,806
			7,886,806
United Kingdom (22.3%)
Associated British Foods PLC		326,733	16,559,187
AstraZeneca PLC		234,982	14,912,745
BG Group PLC		607,345	8,757,747
Compass Group PLC		881,173	14,068,008
Fiat Chrysler Automobiles NV(NON)		861,160	11,224,612
Genel Energy PLC(NON)		1,412,721	5,942,510
Lloyds Banking Group PLC		9,742,955	11,106,708
Metro Bank PLC (acquired 1/15/14, cost $2,770,188) (Private)(F)(RES)(NON)		130,140	3,144,986
Persimmon PLC		592,413	18,050,514
Prudential PLC		748,922	15,832,628
Regus PLC		1,198,339	5,569,887
SABMiller PLC		263,861	14,952,064
Shire PLC		158,328	10,806,522
Sports Direct International PLC(NON)		638,113	7,320,695
St James's Place PLC		631,047	8,123,730
Virgin Money Holdings UK PLC(NON)		1,314,544	7,698,626
Vodafone Group PLC		4,105,747	12,982,529
Wolseley PLC		154,687	9,049,075
WPP PLC		618,568	12,881,566
			208,984,339
United States (1.0%)
Google, Inc. Class C(NON)		16,141	9,820,507
			9,820,507
Total common stocks (cost $917,933,065)			$917,797,000
U.S. TREASURY OBLIGATIONS (—%)(a)
		Principal amount	Value
U.S. Treasury Notes 1.625%, July 31, 2020(i)		$175,000	$177,625
Total U.S. treasury Obligations (cost $177,625)			$177,625
SHORT-TERM INVESTMENTS (2.2%)(a)
		Principal amount/shares	Value
Putnam Cash Collateral Pool, LLC 0.24%(d)	Shares	6,390,514	$6,390,514
Putnam Short Term Investment Fund 0.13%(AFF)	Shares	11,664,740	11,664,740
SSgA Prime Money Market Fund Class N 0.09%(P)	Shares	860,000	860,000
U.S. Treasury Bills 0.17%, February 18, 2016(SEGSF)		$191,000	190,982
U.S. Treasury Bills 0.16%, February 11, 2016(SEGSF)		887,000	886,918
U.S. Treasury Bills 0.04%, October 22, 2015		160,000	159,997
U.S. Treasury Bills 0.03%, October 15, 2015(SEGSF)		335,000	334,995
U.S. Treasury Bills 0.03%, October 8, 2015(SEGSF)		101,000	100,999
U.S. Treasury Bills 0.01%, October 1, 2015(SEGSF)		300,000	300,000
Total short-term investments (cost $20,888,601)			$20,889,145
TOTAL INVESTMENTS
Total investments (cost $938,999,291)(b)			$938,863,770

FORWARD CURRENCY CONTRACTS at 9/30/15 (aggregate face value $249,740,317) (Unaudited)
						Unrealized
		Contract	Delivery		Aggregate	appreciation/
Counterparty	Currency	type	date	Value	face value	(depreciation)
Bank of America N.A.
	Euro	Buy	12/16/15	$95,883	$96,464	$(581)
Barclays Bank PLC
	Canadian Dollar	Buy	10/21/15	7,899,071	8,387,855	(488,784)
	Euro	Sell	12/16/15	12,362,419	12,515,769	153,350
	Hong Kong Dollar	Sell	11/18/15	258,006	256,429	(1,577)
	Japanese Yen	Sell	11/18/15	14,113,489	13,957,651	(155,838)
	Swiss Franc	Buy	12/16/15	6,470,223	6,482,361	(12,138)
Citibank, N.A.
	Australian Dollar	Sell	10/21/15	2,818,493	3,063,011	244,518
	Danish Krone	Buy	12/16/15	17,667,339	17,579,098	88,241
	Euro	Buy	12/16/15	10,369,014	10,497,637	(128,623)
	Japanese Yen	Sell	11/18/15	1,890,463	1,832,004	(58,459)
Credit Suisse International
	Australian Dollar	Buy	10/21/15	7,540,731	7,351,588	189,143
	British Pound	Sell	12/16/15	5,489,423	5,556,013	66,590
	Euro	Sell	12/16/15	10,755,344	10,889,720	134,376
	Japanese Yen	Buy	11/18/15	1,127,743	1,071,900	55,843
	New Zealand Dollar	Sell	10/21/15	5,001,044	5,243,107	242,063
	Norwegian Krone	Buy	12/16/15	439,457	454,166	(14,709)
	Swiss Franc	Buy	12/16/15	9,604,248	9,619,340	(15,092)
Deutsche Bank AG
	Australian Dollar	Sell	10/21/15	247,022	433,353	186,331
	British Pound	Buy	12/16/15	233,950	236,783	(2,833)
	Euro	Sell	12/16/15	6,655,422	6,738,158	82,736
	Japanese Yen	Sell	11/18/15	1,243,919	1,220,589	(23,330)
	New Zealand Dollar	Sell	10/21/15	4,256,659	4,251,450	(5,209)
HSBC Bank USA, National Association
	British Pound	Sell	12/16/15	6,810,399	6,881,437	71,038
	Euro	Sell	12/16/15	14,043,112	14,196,525	153,413
JPMorgan Chase Bank N.A.
	British Pound	Sell	12/16/15	117,353	118,802	1,449
	Canadian Dollar	Buy	10/21/15	4,639,685	4,926,606	(286,921)
	Euro	Sell	12/16/15	9,743,817	9,856,355	112,538
	Japanese Yen	Sell	11/18/15	10,522,788	10,170,407	(352,381)
	Norwegian Krone	Sell	12/16/15	2,831,460	2,923,718	92,258
	Singapore Dollar	Buy	11/18/15	8,874,201	8,910,532	(36,331)
	South Korean Won	Sell	11/18/15	6,965,045	7,351,381	386,336
	Swedish Krona	Sell	12/16/15	1,329,330	1,323,617	(5,713)
	Swiss Franc	Buy	12/16/15	8,277,219	8,296,979	(19,760)
State Street Bank and Trust Co.
	Australian Dollar	Buy	10/21/15	721,153	806,897	(85,744)
	British Pound	Sell	12/16/15	14,029,568	14,265,141	235,573
	Euro	Sell	12/16/15	12,300,101	12,453,386	153,285
	Israeli Shekel	Buy	10/21/15	6,988,732	7,255,393	(266,661)
	Japanese Yen	Buy	11/18/15	130,239	128,609	1,630
	Norwegian Krone	Buy	12/16/15	7,040	7,277	(237)
	Singapore Dollar	Sell	11/18/15	57,111	57,752	641
	Swedish Krona	Sell	12/16/15	181,400	180,664	(736)
	Swiss Franc	Buy	12/16/15	1,900,108	1,903,202	(3,094)
UBS AG
	Australian Dollar	Buy	10/21/15	65,980	65,901	79
	Australian Dollar	Sell	10/21/15	65,980	69,305	3,325
	British Pound	Sell	12/16/15	255,726	258,820	3,094
	Euro	Sell	12/16/15	5,352,778	5,420,038	67,260
	Japanese Yen	Sell	11/18/15	914,720	884,569	(30,151)
	Swiss Franc	Buy	12/16/15	3,284,755	3,292,558	(7,803)
Total						$722,405

Key to holding's abbreviations
ADR	American Depository Receipts: represents ownership of foreign securities on deposit with a custodian bank
GDR	Global Depository Receipts: represents ownership of foreign securities on deposit with a custodian bank
PJSC	Public Joint Stock Company

	Notes to the fund's portfolio
	Unless noted otherwise, the notes to the fund's portfolio are for the close of the fund's reporting period, which ran from July 1, 2015 through September 30, 2015 (the reporting period). Within the following notes to the portfolio, references to “ASC 820” represent Accounting Standards Codification 820 Fair Value Measurements and Disclosures, references to “Putnam Management” represent Putnam Investment Management, LLC, the fund's manager, an indirect wholly-owned subsidiary of Putnam Investments, LLC and references to “OTC”, if any, represent over-the-counter.
(a)	Percentages indicated are based on net assets of $936,628,176.
(b)	The aggregate identified cost on a tax basis is $939,115,628, resulting in gross unrealized appreciation and depreciation of $90,041,793 and $90,293,651, respectively, or net unrealized depreciation of $251,858.
(NON)	This security is non-income-producing.
(RES)	This security is restricted with regard to public resale. The total fair value of this security and any other restricted securities (excluding 144A securities), if any, held at the close of the reporting period was $3,765,557, or 0.4% of net assets.
(AFF)	Affiliated company. The rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period. Transactions during the period with Putnam Short Term Investment Fund, which is under common ownership and control, were as follows:
	Name of affiliate	Fair value at the beginning of the reporting period	Purchase cost	Sale proceeds	Investment income	Fair value at the end of the reporting period
	Putnam Short Term Investment Fund*	$41,184,807	$74,616,147	$104,136,214	$3,845	$11,664,740
	* Management fees charged to Putnam Short Term Investment Fund have been waived by Putnam Management.
(SEGSF)	This security, in part or in entirety, was pledged and segregated with the custodian for collateral on certain derivative contracts at the close of the reporting period.
(d)	Affiliated company. The fund may lend securities, through its agent, to qualified borrowers in order to earn additional income. The loans are collateralized by cash in an amount at least equal to the fair value of the securities loaned. The fair value of securities loaned is determined daily and any additional required collateral is allocated to the fund on the next business day. The risk of borrower default will be borne by the fund’s agent; the fund will bear the risk of loss with respect to the investment of the cash collateral.
	The fund received cash collateral of $6,390,514, which is invested in Putnam Cash Collateral Pool, LLC, a limited liability company managed by an affiliate of Putnam Management. Investments in Putnam Cash Collateral Pool, LLC are valued at its closing net asset value each business day. There are no management fees charged to Putnam Cash Collateral Pool, LLC. The rate quoted in the security description is the annualized 7-day yield at the close of the reporting period. At the close of the reporting period, the value of securities loaned amounted to $6,056,698.
(F)	This security is valued at fair value following procedures approved by the Trustees. Securities may be classified as Level 2 or Level 3 for ASC 820 based on the securities' valuation inputs. At the close of the reporting period, fair value pricing was also used for certain foreign securities in the portfolio.
(i)	This security was pledged, or purchased with cash that was pledged, to the fund for collateral on certain derivative contracts.
(P)	This security was pledged, or purchased with cash that was pledged, to the fund for collateral on certain derivative contracts. The rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period.
(S)	This security is on loan, in part or in entirety, at the close of the reporting period.
	At the close of the reporting period, the fund maintained liquid assets totaling $756,435 to cover certain derivative contracts and the settlement of certain securities.
	Unless otherwise noted, the rates quoted in Short-term investments security descriptions represent the weighted average yield to maturity.
	Debt obligations are considered secured unless otherwise indicated.
	144A after the name of an issuer represents securities exempt from registration under Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.
	The dates shown on debt obligations are the original maturity dates.
	The fund had the following sector concentrations greater than 10% at the close of the reporting period (as a percentage of net assets):
	Consumer discretionary	19.3%
	Financials	19.1
	Industrials	12.4
	Consumer staples	10.7
	Security valuation: Portfolio securities and other investments are valued using policies and procedures adopted by the Board of Trustees. The Trustees have formed a Pricing Committee to oversee the implementation of these procedures and have delegated responsibility for valuing the fund’s assets in accordance with these procedures to Putnam Management. Putnam Management has established an internal Valuation Committee that is responsible for making fair value determinations, evaluating the effectiveness of the pricing policies of the fund and reporting to the Pricing Committee.
	Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets, and are classified as Level 1 securities under ASC 820. If no sales are reported, as in the case of some securities that are traded OTC, a security is valued at its last reported bid price and is generally categorized as a Level 2 security.
	Investments in open-end investment companies (excluding exchange-traded funds), if any, which can be classified as Level 1 or Level 2 securities, are valued based on their net asset value. The net asset value of such investment companies equals the total value of their assets less their liabilities and divided by the number of their outstanding shares.
	Market quotations are not considered to be readily available for certain debt obligations and other investments; such investments are valued on the basis of valuations furnished by an independent pricing service approved by the Trustees or dealers selected by Putnam Management. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities (which consider such factors as security prices, yields, maturities and ratings). These securities will generally be categorized as Level 2. Short-term securities with remaining maturities of 60 days or less may be valued at amortized cost, which approximates fair value, and are classified as Level 2 securities.
	Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. Accordingly, on certain days, the fund will fair value foreign equity securities taking into account multiple factors including movements in the U.S. securities markets, currency valuations and comparisons to the valuation of American Depository Receipts, exchange-traded funds and futures contracts. These securities, which would generally be classified as Level 1 securities, will be transferred to Level 2 of the fair value hierarchy when they are valued at fair value. The number of days on which fair value prices will be used will depend on market activity and it is possible that fair value prices will be used by the fund to a significant extent. At the close of the reporting period, fair value pricing was used for certain foreign securities in the portfolio. Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current exchange rate.
	To the extent a pricing service or dealer is unable to value a security or provides a valuation that Putnam Management does not believe accurately reflects the security's fair value, the security will be valued at fair value by Putnam Management in accordance with policies and procedures approved by the Trustees. Certain investments, including certain restricted and illiquid securities and derivatives, are also valued at fair value following procedures approved by the Trustees. These valuations consider such factors as significant market or specific security events such as interest rate or credit quality changes, various relationships with other securities, discount rates, U.S. Treasury, U.S. swap and credit yields, index levels, convexity exposures, recovery rates, sales and other multiples and resale restrictions. These securities are classified as Level 2 or as Level 3 depending on the priority of the significant inputs.
	To assess the continuing appropriateness of fair valuations, the Valuation Committee reviews and affirms the reasonableness of such valuations on a regular basis after considering all relevant information that is reasonably available. Such valuations and procedures are reviewed periodically by the Trustees. The fair value of securities is generally determined as the amount that the fund could reasonably expect to realize from an orderly disposition of such securities over a reasonable period of time. By its nature, a fair value price is a good faith estimate of the value of a security in a current sale and does not reflect an actual market price, which may be different by a material amount.
	Forward currency contracts: The fund buys and sells forward currency contracts, which are agreements between two parties to buy and sell currencies at a set price on a future date. These contracts were used to hedge foreign exchange risk.
	The U.S. dollar value of forward currency contracts is determined using current forward currency exchange rates supplied by a quotation service. The fair value of the contract will fluctuate with changes in currency exchange rates. The contract is marked to market daily and the change in fair value is recorded as an unrealized gain or loss. The fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed when the contract matures or by delivery of the currency. The fund could be exposed to risk if the value of the currency changes unfavorably, if the counterparties to the contracts are unable to meet the terms of their contracts or if the fund is unable to enter into a closing position.
	For the fund's average contract amount on forward currency contracts, see the appropriate table at the end of these footnotes.
	Master agreements: The fund is a party to ISDA (International Swaps and Derivatives Association, Inc.) Master Agreements (Master Agreements) with certain counterparties that govern OTC derivative and foreign exchange contracts entered into from time to time. The Master Agreements may contain provisions regarding, among other things, the parties’ general obligations, representations, agreements, collateral requirements, events of default and early termination. With respect to certain counterparties, in accordance with the terms of the Master Agreements, collateral posted to the fund is held in a segregated account by the fund’s custodian and, with respect to those amounts which can be sold or repledged, is presented in the fund’s portfolio. Collateral posted to the fund which cannot be sold or repledged totaled $314,610 at the close of the reporting period.
	Collateral pledged by the fund is segregated by the fund’s custodian and identified in the fund’s portfolio. Collateral can be in the form of cash or debt securities issued by the U.S. Government or related agencies or other securities as agreed to by the fund and the applicable counterparty. Collateral requirements are determined based on the fund’s net position with each counterparty.
	Termination events applicable to the fund may occur upon a decline in the fund’s net assets below a specified threshold over a certain period of time. Termination events applicable to counterparties may occur upon a decline in the counterparty’s long-term and short-term credit ratings below a specified level. In each case, upon occurrence, the other party may elect to terminate early and cause settlement of all derivative and foreign exchange contracts outstanding, including the payment of any losses and costs resulting from such early termination, as reasonably determined by the terminating party. Any decision by one or more of the fund’s counterparties to elect early termination could impact the fund’s future derivative activity.
	At the close of the reporting period, the fund had a net liability position of $614,093 on open derivative contracts subject to the Master Agreements. Collateral posted by the fund at period end for these agreements totaled $757,863 and may include amounts related to unsettled agreements.

ASC 820 establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the fund’s investments. The three levels are defined as follows:
Level 1: Valuations based on quoted prices for identical securities in active markets.
Level 2: Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.
Level 3: Valuations based on inputs that are unobservable and significant to the fair value measurement.
The following is a summary of the inputs used to value the fund’s net assets as of the close of the reporting period:
		Valuation inputs
Investments in securities:	Level 1	Level 2	Level 3
Common stocks:
Australia	$—	$20,200,843	$—
Brazil	—	—	620,571
Canada	8,357,197	—	—
China	4,201,470	21,138,829	—
France	—	145,364,420	—
Germany	—	35,357,002	—
Hong Kong	—	5,228,612	—
India	—	14,876,143	—
Ireland	—	38,960,198	—
Italy	—	23,549,399	—
Japan	—	201,744,699	—
Netherlands	—	39,780,518	—
New Zealand	—	9,209,376	—
Norway	—	7,594,296	—
Singapore	—	3,751,016	—
South Korea	—	7,133,866	—
Spain	6,350,773	29,794,638	—
Sweden	—	28,661,059	—
Switzerland	—	39,230,423	—
United Arab Emirates	—	7,886,806	—
United Kingdom	—	205,839,353	3,144,986
United States	9,820,507	—	—
Total common stocks	28,729,947	885,301,496	3,765,557
U.S. treasury obligations	—	177,625	—
Short-term investments	12,524,740	8,364,405	—
Totals by level	$41,254,687	$893,843,526	$3,765,557
		Valuation inputs
Other financial instruments:	Level 1	Level 2	Level 3
Forward currency contracts	$—	$722,405	$—
Totals by level	$—	$722,405	$—
During the reporting period, transfers within the fair value hierarchy, if any, (other than certain transfers involving non-U.S. equity securities as described in the Security valuation note above) did not represent, in the aggregate, more than 1% of the fund's net assets measured as of the end of the period. Transfers are accounted for using the end of period pricing valuation method.
At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the fund's portfolio.
Fair Value of Derivative Instruments as of the close of the reporting period
	Asset derivatives	Liability derivatives
Derivatives not accounted for as hedging instruments under ASC 815	Fair value	Fair value
Foreign exchange contracts	$2,725,110	$2,002,705
Total	$2,725,110	$2,002,705
The volume of activity for the reporting period for any derivative type that was held at the close of the period is listed below and was based on an average of the holdings of that derivative at the end of each fiscal quarter in the reporting period:
Forward currency contracts (contract amount)		$339,200,000

	The following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, at the end of the reporting period, that are subject to an enforceable master netting agreement or similar agreement. For securities lending transactions, if applicable, see note "(d)" above, and for borrowing transactions associated with securities sold short, if applicable, see the "Short sales of securities" note above.
		Bank of America N.A.	Barclays Bank PLC	Citibank, N.A.	Credit Suisse International	Deutsche Bank AG	HSBC Bank USA, National Association	JPMorgan Chase Bank N.A.	State Street Bank and Trust Co.	UBS AG	Total
	Assets:
	Forward currency contracts#	$-	$153,350	$332,759	$688,015	$269,067	$ 224,451	$ 592,581	$ 391,129	$73,758	$2,725,110
	Total Assets	$—	$153,350	$332,759	$688,015	$269,067	$224,451	$592,581	$391,129	$73,758	$2,725,110
	Liabilities:
	Forward currency contracts#	581	658,337	187,082	29,801	31,372	—	701,106	356,472	37,954	2,002,705
	Total Liabilities	$581	$658,337	$187,082	$29,801	$31,372	$—	$701,106	$356,472	$37,954	$2,002,705
	Total Financial and Derivative Net Assets	$(581)	$(504,987)	$145,677	$658,214	$237,695	$224,451	$(108,525)	$34,657	$35,804	$722,405
	Total collateral received (pledged)##†	$—	$(504,987)	$145,677	$658,214	$237,695	$177,625	$(108,525)	$—	$—
	Net amount	$(581)	$—	$—	$—	$—	$46,826	$—	$34,657	$35,804
†	Additional collateral may be required from certain brokers based on individual agreements.
#	Covered by master netting agreement.
##	Any over-collateralization of total financial and derivative net assets is not shown. Collateral may include amounts related to unsettled agreements.
	For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com

Item 2. Controls and Procedures:

(a) The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms.

(b) Changes in internal control over financial reporting: Not applicable

Item 3. Exhibits:

Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Putnam International Equity Fund

By (Signature and Title):

/s/ Janet C. Smith
Janet C. Smith
Principal Accounting Officer
Date: November 25, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title):

/s/ Jonathan S. Horwitz
Jonathan S. Horwitz
Principal Executive Officer
Date: November 25, 2015

By (Signature and Title):

/s/ Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer
Date: November 25, 2015