Puzo Michael J
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2025), Puzo Michael J reported 73 stock positions worth $349.0 million. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by Mastercard Class A (MA, 4.6%) and Fiserv (FISV, 4.4%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 22 and reduced 31. The biggest buy was Abbott Laboratories (ABT, shares +0%) and the biggest sale Alphabet Class A (GOOGL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001053914
- Portfolio Value
- $349.0M (Q1 2025)
- SEC Filing
- 0001494234-25-000011 ↗ filed Apr 21, 2025
Holdings Value
Holdings 73 stocks · $349.0M
| AAPL Apple Inc. | 5.11% | 80,266 | $17.8M | Reduce -4.2% |
| MA Mastercard Inc. Class A | 4.63% | 29,495 | $16.2M | Reduce -3.8% |
| FISV Fiserv Inc. | 4.43% | 69,956 | $15.4M | Reduce -6.1% |
| MSFT Microsoft Corp. | 4.15% | 38,619 | $14.5M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 4.14% | 93,345 | $14.4M | Reduce -1.3% |
| ADP Automatic Data Processing | 3.95% | 45,114 | $13.8M | Reduce -1.1% |
| NVDA Nvidia Corp. | 3.87% | 124,657 | $13.5M | Reduce -0.8% |
| ABT Abbott Laboratories | 3.76% | 98,944 | $13.1M | Add +0.4% |
| PG The Procter & Gamble Co. | 3.51% | 71,918 | $12.3M | Reduce -0.3% |
| JNJ Johnson & Johnson | 3.37% | 70,855 | $11.8M | Reduce -0.7% |
| RTX RTX Corp. | 3.32% | 87,351 | $11.6M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 3.30% | 60,563 | $11.5M | Add +0.6% |
| ATR Aptargroup Inc. | 3.16% | 74,228 | $11.0M | Add +0.6% |
| ADI Analog Devices Inc. | 3.08% | 53,233 | $10.7M | Add +0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.86% | 81,955 | $10.0M | Add +0.7% |
| DHR Danaher Corp. | 2.79% | 47,507 | $9.7M | Add +4.9% |
| HD Home Depot Inc. | 2.71% | 25,765 | $9.4M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.52% | 11 | $8.8M | Reduce -8.3% |
| ROK Rockwell Automation Inc. | 2.47% | 33,393 | $8.6M | Reduce -0.5% |
| UNH Unitedhealth Group Inc. | 2.40% | 15,983 | $8.4M | Add +0.9% |
| SBGSY Schneider Elect SE-Unsp ADR | 2.31% | 175,720 | $8.1M | Add +3.7% |
| CVX Chevron Corp. | 2.30% | 48,021 | $8.0M | Add +1.3% |
| AMD Advanced Micro Devices | 2.30% | 78,132 | $8.0M | Add +0.6% |
| XYL Xylem Inc. | 2.27% | 66,244 | $7.9M | Add +0.7% |
| CNI Canadian Natl Railway Co. | 2.14% | 76,589 | $7.5M | Reduce -10.7% |
| VRTX Vertex Pharmaceuticals Inc. | 2.12% | 15,285 | $7.4M | Add +8.3% |
| CARR Carrier Global Corp. | 2.10% | 115,400 | $7.3M | Add +13.6% |
| MKC McCormick & Co.-Non VTG SHRS | 1.79% | 76,003 | $6.3M | Add +13.6% |
| NSRGY Nestle SA-Spons ADR | 1.44% | 49,784 | $5.0M | Reduce -34.6% |
| XOM Exxon Mobil Corp. | 1.33% | 38,979 | $4.6M | Reduce -0.0% |
| CRM Salesforce Inc. | 0.86% | 11,124 | $3.0M | Add +99.5% |
| BALL Ball Corp. | 0.81% | 54,496 | $2.8M | Reduce -38.6% |
| MUNICH RE GROUP | 0.81% | 4,486 | $2.8M | No change |
| LLY Eli Lilly & Co. | 0.60% | 2,542 | $2.1M | Add +288.1% |
| ABBV Abbvie Inc. | 0.60% | 9,987 | $2.1M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 3,515 | $1.9M | Add +4.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.49% | 24,550 | $1.7M | Add +346.4% |
| MRK Merck & Co. Inc. | 0.46% | 17,958 | $1.6M | Reduce -1.4% |
| BDX Becton Dickinson and Co. | 0.38% | 5,850 | $1.3M | Reduce -67.0% |
| PEP Pepsico Inc. | 0.37% | 8,550 | $1.3M | Reduce -23.6% |
| UBER Uber Technologies Inc. | 0.33% | 15,977 | $1.2M | New |
| WMT Walmart Inc. | 0.30% | 12,000 | $1.1M | No change |
| EMR Emerson Electric Co. | 0.29% | 9,327 | $1.0M | Reduce -1.7% |
| RHHBY Roche Holdings Ltd.-Spons ADR | 0.28% | 23,950 | $986K | Reduce -1.1% |
| CAT Caterpillar Inc. | 0.24% | 2,490 | $821K | Reduce -8.1% |
| DE Deere & Co. | 0.23% | 1,726 | $810K | No change |
| V Visa Inc. Class A | 0.22% | 2,235 | $783K | Reduce -3.3% |
| AXP American Express Co. | 0.22% | 2,903 | $781K | Add +123.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.16% | 820 | $543K | Reduce -1.2% |
| UNP Union Pacific Corp. | 0.15% | 2,250 | $532K | No change |
| RELX Relx PLC - Spon ADR | 0.15% | 10,343 | $521K | Add +8.4% |
| ECL Ecolab Inc. | 0.13% | 1,825 | $463K | No change |
| ADBE Adobe Inc. | 0.12% | 1,051 | $403K | No change |
| SHEL Shell PLC-ADR | 0.11% | 5,450 | $399K | No change |
| SCHW Schwab (charles) Corp. | 0.11% | 4,828 | $378K | New |
| WFC Wells Fargo & Co. | 0.10% | 5,000 | $359K | No change |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.10% | 3,500 | $334K | No change |
| FXAIX Fidelity 500 Index Fund | 0.09% | 1,642 | $321K | No change |
| CL Colgate-Palmolive Co. | 0.09% | 3,305 | $310K | Reduce -18.9% |
| INTC Intel Corp. | 0.09% | 13,182 | $299K | Reduce -34.7% |
| HON Honeywell International Inc. | 0.08% | 1,373 | $291K | No change |
| KO The Coca-Cola Co. | 0.08% | 4,000 | $286K | No change |
| FNCMX Fidelity Nasdaq Compos Indx | 0.08% | 1,303 | $286K | No change |
| NVS Novartis AG-Sponsored ADR | 0.08% | 2,435 | $271K | Reduce -21.1% |
| TXN Texas Instruments Inc. | 0.08% | 1,500 | $270K | No change |
| GOOG Alphabet Inc. Class C | 0.08% | 1,700 | $266K | Reduce -2.9% |
| SYY Sysco Corp. | 0.07% | 3,375 | $253K | Reduce -1.6% |
| GILD Gilead Sciences Inc. | 0.07% | 2,100 | $235K | New |
| OZK Bank Ozk | 0.07% | 5,395 | $234K | Reduce -12.2% |
| CSCO Cisco Systems Inc. | 0.07% | 3,760 | $232K | Reduce -6.8% |
| NUE Nucor Corp. | 0.06% | 1,800 | $217K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 375 | $216K | No change |
| JPM JPMorgan Chase & Co. | 0.06% | 850 | $209K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 4.14% | −0.87 |
| NVDA Nvidia Corp. | Reduce -0.8% | 3.87% | −0.85 |
| AAPL Apple Inc. | Reduce -4.2% | 5.11% | −0.76 |
| BDX Becton Dickinson and Co. | Reduce -67.0% | 0.38% | −0.74 |
| BALL Ball Corp. | Reduce -38.6% | 0.81% | −0.55 |
| NSRGY Nestle SA-Spons ADR | Reduce -34.6% | 1.44% | −0.30 |
| CNI Canadian Natl Railway Co. | Reduce -10.7% | 2.14% | −0.29 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.29 |
| ROK Rockwell Automation Inc. | Reduce -0.5% | 2.47% | −0.21 |
| PEP Pepsico Inc. | Reduce -23.6% | 0.37% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.08 |
| DOV Dover Corp. | Sold out | 0.00% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -1.4% | 0.46% | −0.04 |
| CAT Caterpillar Inc. | Reduce -8.1% | 0.24% | −0.04 |
| EMR Emerson Electric Co. | Reduce -1.7% | 0.29% | −0.04 |
| INTC Intel Corp. | Reduce -34.7% | 0.09% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -2.9% | 0.08% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -18.9% | 0.09% | −0.01 |
| OZK Bank Ozk | Reduce -12.2% | 0.07% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -21.1% | 0.08% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -1.2% | 0.16% | −0.01 |
| SYY Sysco Corp. | Reduce -1.6% | 0.07% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -6.8% | 0.07% | −0.00 |
| V Visa Inc. Class A | Reduce -3.3% | 0.22% | +0.02 |
| RHHBY Roche Holdings Ltd.-Spons ADR | Reduce -1.1% | 0.28% | +0.05 |
| ABBV Abbvie Inc. | Reduce -2.4% | 0.60% | +0.09 |
| MA Mastercard Inc. Class A | Reduce -3.8% | 4.63% | +0.12 |
| PG The Procter & Gamble Co. | Reduce -0.3% | 3.51% | +0.13 |
| FISV Fiserv Inc. | Reduce -6.1% | 4.43% | +0.15 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 1.33% | +0.16 |
| ADP Automatic Data Processing | Reduce -1.1% | 3.95% | +0.22 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -8.3% | 2.52% | +0.23 |
| RTX RTX Corp. | Reduce -0.6% | 3.32% | +0.47 |
| JNJ Johnson & Johnson | Reduce -0.7% | 3.37% | +0.48 |
Portfolio Buys Q4 2024 → Q1 2025
| ABT Abbott Laboratories | Add +0.4% | 3.76% | +0.64 |
| VRTX Vertex Pharmaceuticals Inc. | Add +8.3% | 2.12% | +0.54 |
| LLY Eli Lilly & Co. | Add +288.1% | 0.60% | +0.46 |
| CVX Chevron Corp. | Add +1.3% | 2.30% | +0.38 |
| MKC McCormick & Co.-Non VTG SHRS | Add +13.6% | 1.79% | +0.37 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +346.4% | 0.49% | +0.36 |
| CRM Salesforce Inc. | Add +99.5% | 0.86% | +0.33 |
| UBER Uber Technologies Inc. | New | 0.33% | +0.33 |
| UNH Unitedhealth Group Inc. | Add +0.9% | 2.40% | +0.16 |
| CARR Carrier Global Corp. | Add +13.6% | 2.10% | +0.16 |
| XYL Xylem Inc. | Add +0.7% | 2.27% | +0.13 |
| AXP American Express Co. | Add +123.3% | 0.22% | +0.12 |
| TJX TJX Companies Inc. | Add +0.7% | 2.86% | +0.11 |
| SCHW Schwab (charles) Corp. | New | 0.11% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 0.54% | +0.11 |
| GILD Gilead Sciences Inc. | New | 0.07% | +0.07 |
| RELX Relx PLC - Spon ADR | Add +8.4% | 0.15% | +0.03 |
| SBGSY Schneider Elect SE-Unsp ADR | Add +3.7% | 2.31% | −0.04 |
| ADI Analog Devices Inc. | Add +0.5% | 3.08% | −0.07 |
| ATR Aptargroup Inc. | Add +0.6% | 3.16% | −0.08 |
| HD Home Depot Inc. | Add +0.1% | 2.71% | −0.09 |
| DHR Danaher Corp. | Add +4.9% | 2.79% | −0.12 |
| AMD Advanced Micro Devices | Add +0.6% | 2.30% | −0.32 |
| MSFT Microsoft Corp. | Add +1.1% | 4.15% | −0.35 |
| AMZN Amazon.com Inc. | Add +0.6% | 3.30% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 66 | $387.9M | AMD, GOOGL, NVDA, AAPL, AMAT |
| Q1 2026 | 67 | $343.4M | GOOGL, NVDA, AAPL, ADI, JNJ |
| Q4 2025 | 71 | $367.3M | GOOGL, AAPL, NVDA, MSFT, MA |
| Q3 2025 | 71 | $366.6M | GOOGL, NVDA, AAPL, MSFT, MA |
| Q2 2025 | 71 | $351.0M | NVDA, MSFT, AAPL, GOOGL, MA |
| Q1 2025 | 73 | $349.0M | AAPL, MA, FISV, MSFT, GOOGL |
| Q4 2024 | 73 | $357.7M | AAPL, GOOGL, NVDA, MA, MSFT |
| Q3 2024 | 76 | $382.5M | AAPL, MSFT, NVDA, GOOGL, MA |
| Q2 2024 | 73 | $360.3M | AAPL, GOOGL, NVDA, MSFT, MA |
| Q1 2024 | 75 | $360.8M | MSFT, GOOGL, AAPL, AMD, MA |