Puzo Michael J
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Puzo Michael J reported 71 stock positions worth $351.0 million. Its top holding was Nvidia (NVDA) at 5.3% of the portfolio, followed by Microsoft (MSFT, 5.3%) and Apple (AAPL, 4.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 4, added to 11 and reduced 42. The biggest buy was Uber Technologies (UBER, shares +107%) and the biggest sale Fiserv (FISV, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001053914
- Portfolio Value
- $351.0M (Q2 2025)
- SEC Filing
- 0001314376-25-000002 ↗ filed Jul 23, 2025
Holdings Value
Holdings 71 stocks · $351.0M
| NVDA Nvidia Corp. | 5.32% | 118,277 | $18.7M | Reduce -5.1% |
| MSFT Microsoft Corp. | 5.25% | 37,054 | $18.4M | Reduce -4.0% |
| AAPL Apple Inc. | 4.54% | 77,591 | $15.9M | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 4.52% | 90,005 | $15.9M | Reduce -3.6% |
| MA Mastercard Inc. Class A | 4.45% | 27,816 | $15.6M | Reduce -5.7% |
| ADP Automatic Data Processing | 3.67% | 41,747 | $12.9M | Reduce -7.5% |
| AMZN Amazon.com Inc. | 3.65% | 58,376 | $12.8M | Reduce -3.6% |
| ABT Abbott Laboratories | 3.56% | 91,948 | $12.5M | Reduce -7.1% |
| ADI Analog Devices Inc. | 3.52% | 51,888 | $12.4M | Reduce -2.5% |
| RTX RTX Corp. | 3.41% | 81,934 | $12.0M | Reduce -6.2% |
| FISV Fiserv Inc. | 3.29% | 66,973 | $11.5M | Reduce -4.3% |
| PG The Procter & Gamble Co. | 3.17% | 69,913 | $11.1M | Reduce -2.8% |
| ATR Aptargroup Inc. | 3.16% | 70,890 | $11.1M | Reduce -4.5% |
| JNJ Johnson & Johnson | 2.94% | 67,564 | $10.3M | Reduce -4.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.79% | 79,337 | $9.8M | Reduce -3.2% |
| AMD Advanced Micro Devices | 2.72% | 67,366 | $9.6M | Reduce -13.8% |
| HD Home Depot Inc. | 2.65% | 25,363 | $9.3M | Reduce -1.6% |
| ROK Rockwell Automation Inc. | 2.65% | 27,961 | $9.3M | Reduce -16.3% |
| SBGSY Schneider Elect SE-Unsp ADR | 2.62% | 172,000 | $9.2M | Reduce -2.1% |
| DHR Danaher Corp. | 2.62% | 46,469 | $9.2M | Reduce -2.2% |
| CARR Carrier Global Corp. | 2.41% | 115,425 | $8.4M | Add +0.0% |
| XYL Xylem Inc. | 2.37% | 64,404 | $8.3M | Reduce -2.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.28% | 11 | $8.0M | No change |
| CNI Canadian Natl Railway Co. | 2.08% | 70,271 | $7.3M | Reduce -8.3% |
| VRTX Vertex Pharmaceuticals Inc. | 1.95% | 15,340 | $6.8M | Add +0.4% |
| CVX Chevron Corp. | 1.89% | 46,264 | $6.6M | Reduce -3.7% |
| MKC McCormick & Co.-Non VTG SHRS | 1.64% | 76,072 | $5.8M | Add +0.1% |
| UNH Unitedhealth Group Inc. | 1.48% | 16,653 | $5.2M | Add +4.2% |
| XOM Exxon Mobil Corp. | 1.16% | 37,814 | $4.1M | Reduce -3.0% |
| CRM Salesforce Inc. | 1.04% | 13,446 | $3.7M | Add +20.9% |
| LLY Eli Lilly & Co. | 1.02% | 4,581 | $3.6M | Add +80.2% |
| UBER Uber Technologies Inc. | 0.88% | 32,997 | $3.1M | Add +106.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.86% | 43,933 | $3.0M | Add +79.0% |
| MUNICH RE GROUP | 0.82% | 4,486 | $2.9M | No change |
| AXP American Express Co. | 0.71% | 7,769 | $2.5M | Add +167.6% |
| NSRGY Nestle SA-Spons ADR | 0.67% | 23,670 | $2.4M | Reduce -52.5% |
| ABBV Abbvie Inc. | 0.50% | 9,447 | $1.8M | Reduce -5.4% |
| AMAT Applied Materials Inc. | 0.48% | 9,296 | $1.7M | New |
| SCHW Schwab (charles) Corp. | 0.46% | 17,778 | $1.6M | Add +268.2% |
| MRK Merck & Co. Inc. | 0.41% | 17,958 | $1.4M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 2,800 | $1.4M | Reduce -20.3% |
| EMR Emerson Electric Co. | 0.33% | 8,627 | $1.2M | Reduce -7.5% |
| WMT Walmart Inc. | 0.32% | 11,400 | $1.1M | Reduce -5.0% |
| PEP Pepsico Inc. | 0.30% | 7,845 | $1.0M | Reduce -8.3% |
| RHHBY Roche Holdings Ltd.-Spons ADR | 0.28% | 23,950 | $976K | No change |
| CAT Caterpillar Inc. | 0.26% | 2,390 | $928K | Reduce -4.0% |
| DE Deere & Co. | 0.22% | 1,490 | $758K | Reduce -13.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.18% | 800 | $641K | Reduce -2.4% |
| RELX Relx PLC - Spon ADR | 0.17% | 10,748 | $584K | Add +3.9% |
| UNP Union Pacific Corp. | 0.15% | 2,250 | $518K | No change |
| V Visa Inc. Class A | 0.13% | 1,330 | $472K | Reduce -40.5% |
| ECL Ecolab Inc. | 0.13% | 1,675 | $451K | Reduce -8.2% |
| WFC Wells Fargo & Co. | 0.11% | 5,000 | $401K | No change |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.11% | 3,500 | $387K | No change |
| SHEL Shell PLC-ADR | 0.11% | 5,450 | $384K | No change |
| FXAIX Fidelity 500 Index Fund | 0.10% | 1,642 | $355K | No change |
| FNCMX Fidelity Nasdaq Compos Indx | 0.10% | 1,303 | $337K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 1,700 | $302K | No change |
| TXN Texas Instruments Inc. | 0.08% | 1,350 | $280K | Reduce -10.0% |
| KO The Coca-Cola Co. | 0.08% | 3,940 | $279K | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 0.08% | 375 | $277K | No change |
| HON Honeywell International Inc. | 0.07% | 1,123 | $262K | Reduce -18.2% |
| SYY Sysco Corp. | 0.07% | 3,375 | $256K | No change |
| OZK Bank Ozk | 0.07% | 5,390 | $254K | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.07% | 850 | $246K | No change |
| NVS Novartis AG-Sponsored ADR | 0.07% | 2,035 | $246K | Reduce -16.4% |
| NUE Nucor Corp. | 0.07% | 1,800 | $233K | No change |
| GILD Gilead Sciences Inc. | 0.07% | 2,100 | $233K | No change |
| CSCO Cisco Systems Inc. | 0.06% | 3,160 | $219K | Reduce -16.0% |
| CL Colgate-Palmolive Co. | 0.06% | 2,405 | $219K | Reduce -27.2% |
| IDXX Idexx Laboratories Inc. | 0.06% | 400 | $215K | New |
Portfolio Sells Q1 2025 → Q2 2025
| FISV Fiserv Inc. | Reduce -4.3% | 3.29% | −1.14 |
| BALL Ball Corp. | Sold out | 0.00% | −0.81 |
| NSRGY Nestle SA-Spons ADR | Reduce -52.5% | 0.67% | −0.77 |
| AAPL Apple Inc. | Reduce -3.3% | 4.54% | −0.57 |
| JNJ Johnson & Johnson | Reduce -4.6% | 2.94% | −0.43 |
| CVX Chevron Corp. | Reduce -3.7% | 1.89% | −0.41 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.38 |
| PG The Procter & Gamble Co. | Reduce -2.8% | 3.17% | −0.34 |
| ADP Automatic Data Processing | Reduce -7.5% | 3.67% | −0.28 |
| ABT Abbott Laboratories | Reduce -7.1% | 3.56% | −0.20 |
| MA Mastercard Inc. Class A | Reduce -5.7% | 4.45% | −0.18 |
| DHR Danaher Corp. | Reduce -2.2% | 2.62% | −0.18 |
| XOM Exxon Mobil Corp. | Reduce -3.0% | 1.16% | −0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -20.3% | 0.39% | −0.15 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.12 |
| ABBV Abbvie Inc. | Reduce -5.4% | 0.50% | −0.10 |
| V Visa Inc. Class A | Reduce -40.5% | 0.13% | −0.09 |
| INTC Intel Corp. | Sold out | 0.00% | −0.09 |
| PEP Pepsico Inc. | Reduce -8.3% | 0.30% | −0.07 |
| TJX TJX Companies Inc. | Reduce -3.2% | 2.79% | −0.07 |
| HD Home Depot Inc. | Reduce -1.6% | 2.65% | −0.06 |
| CNI Canadian Natl Railway Co. | Reduce -8.3% | 2.08% | −0.06 |
| CL Colgate-Palmolive Co. | Reduce -27.2% | 0.06% | −0.03 |
| DE Deere & Co. | Reduce -13.7% | 0.22% | −0.02 |
| HON Honeywell International Inc. | Reduce -18.2% | 0.07% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -16.4% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -16.0% | 0.06% | −0.00 |
| ECL Ecolab Inc. | Reduce -8.2% | 0.13% | −0.00 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.08% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -10.0% | 0.08% | +0.00 |
| ATR Aptargroup Inc. | Reduce -4.5% | 3.16% | +0.00 |
| OZK Bank Ozk | Reduce -0.1% | 0.07% | +0.01 |
| WMT Walmart Inc. | Reduce -5.0% | 0.32% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -2.4% | 0.18% | +0.03 |
| CAT Caterpillar Inc. | Reduce -4.0% | 0.26% | +0.03 |
| EMR Emerson Electric Co. | Reduce -7.5% | 0.33% | +0.03 |
| RTX RTX Corp. | Reduce -6.2% | 3.41% | +0.09 |
| XYL Xylem Inc. | Reduce -2.8% | 2.37% | +0.11 |
| ROK Rockwell Automation Inc. | Reduce -16.3% | 2.65% | +0.17 |
| SBGSY Schneider Elect SE-Unsp ADR | Reduce -2.1% | 2.62% | +0.30 |
| AMZN Amazon.com Inc. | Reduce -3.6% | 3.65% | +0.35 |
| GOOGL Alphabet Inc. Class A | Reduce -3.6% | 4.52% | +0.38 |
| AMD Advanced Micro Devices | Reduce -13.8% | 2.72% | +0.42 |
| ADI Analog Devices Inc. | Reduce -2.5% | 3.52% | +0.44 |
| MSFT Microsoft Corp. | Reduce -4.0% | 5.25% | +1.10 |
| NVDA Nvidia Corp. | Reduce -5.1% | 5.32% | +1.45 |
Portfolio Buys Q1 2025 → Q2 2025
| UBER Uber Technologies Inc. | Add +106.5% | 0.88% | +0.54 |
| AMAT Applied Materials Inc. | New | 0.48% | +0.48 |
| AXP American Express Co. | Add +167.6% | 0.71% | +0.48 |
| LLY Eli Lilly & Co. | Add +80.2% | 1.02% | +0.42 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +79.0% | 0.86% | +0.38 |
| SCHW Schwab (charles) Corp. | Add +268.2% | 0.46% | +0.35 |
| CARR Carrier Global Corp. | Add +0.0% | 2.41% | +0.31 |
| CRM Salesforce Inc. | Add +20.9% | 1.04% | +0.19 |
| IDXX Idexx Laboratories Inc. | New | 0.06% | +0.06 |
| RELX Relx PLC - Spon ADR | Add +3.9% | 0.17% | +0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.1% | 1.64% | −0.15 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.4% | 1.95% | −0.18 |
| UNH Unitedhealth Group Inc. | Add +4.2% | 1.48% | −0.92 |
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 |