Puzo Michael J

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Puzo Michael J reported 71 stock positions worth $367.3 million. Its top holding was Alphabet Class A (GOOGL) at 6.9% of the portfolio, followed by Apple (AAPL, 5.6%) and Nvidia (NVDA, 5.5%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 17 and reduced 27. The biggest buy was Applied Materials (AMAT, shares +49%) and the biggest sale Carrier Global (CARR, shares −79%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001053914
Portfolio Value
$367.3M (Q4 2025)
SEC Filing
0001053914-26-000001 ↗ filed Feb 17, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $360.8M Q1 2024 Q2 2024: $360.3M Q2 2024 Q3 2024: $382.5M Q3 2024 Q4 2024: $357.7M Q4 2024 Q1 2025: $349.0M Q1 2025 Q2 2025: $351.0M Q2 2025 Q3 2025: $366.6M Q3 2025 Q4 2025: $367.3M $367.3M Q4 2025 Q1 2026: $343.4M Q1 2026 Q2 2026: $387.9M Q2 2026

Holdings 71 stocks · $367.3M
GOOGL Alphabet Inc. Class A 6.86% 80,531 $25.2M Reduce -9.5%
AAPL Apple Inc. 5.59% 75,507 $20.5M Reduce -2.7%
NVDA Nvidia Corp. 5.53% 108,965 $20.3M Reduce -2.7%
MSFT Microsoft Corp. 4.89% 37,137 $18.0M Add +0.5%
MA Mastercard Inc. Class A 3.99% 25,658 $14.6M Reduce -3.9%
RTX RTX Corp. 3.86% 77,245 $14.2M Reduce -3.3%
ADI Analog Devices Inc. 3.79% 51,337 $13.9M Reduce -0.5%
JNJ Johnson & Johnson 3.68% 65,403 $13.5M Reduce -1.5%
AMZN Amazon.com Inc. 3.61% 57,425 $13.3M Reduce -1.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.35% 80,073 $12.3M Add +0.9%
AMD Advanced Micro Devices 3.28% 56,213 $12.0M Reduce -11.4%
ABT Abbott Laboratories 3.20% 93,941 $11.8M Add +1.4%
DHR Danaher Corp. 2.91% 46,725 $10.7M Add +0.2%
ADP Automatic Data Processing 2.87% 40,936 $10.5M Reduce -0.2%
ROK Rockwell Automation Inc. 2.85% 26,867 $10.5M Reduce -0.6%
PG The Procter & Gamble Co. 2.74% 70,269 $10.1M Add +0.7%
SBGSY Schneider Elect SE-Unsp ADR 2.59% 173,145 $9.5M Add +0.3%
LLY Eli Lilly & Co. 2.41% 8,224 $8.8M Add +8.8%
HD Home Depot Inc. 2.38% 25,443 $8.8M Add +0.4%
XYL Xylem Inc. 2.38% 64,243 $8.7M Add +0.0%
ATR Aptargroup Inc. 2.35% 70,665 $8.6M Reduce -0.4%
CVX Chevron Corp. 1.93% 46,450 $7.1M Add +0.1%
VRTX Vertex Pharmaceuticals Inc. 1.90% 15,371 $7.0M Reduce -0.8%
BRK.A Berkshire Hathaway Inc. Class A 1.85% 9 $6.8M Reduce -10.0%
AMAT Applied Materials Inc. 1.80% 25,723 $6.6M Add +49.5%
UNH Unitedhealth Group Inc. 1.67% 18,537 $6.1M Reduce -5.5%
CNI Canadian Natl Railway Co. 1.53% 57,010 $5.6M Reduce -9.7%
AXP American Express Co. 1.50% 14,918 $5.5M Add +41.2%
XOM Exxon Mobil Corp. 1.23% 37,636 $4.5M Reduce -0.1%
UBER Uber Technologies Inc. 1.22% 54,685 $4.5M Add +33.4%
SCHW Schwab (charles) Corp. 1.13% 41,485 $4.1M Add +73.6%
FISV Fiserv Inc. 1.12% 61,088 $4.1M Reduce -9.1%
MKC McCormick & Co.-Non VTG SHRS 0.81% 43,527 $3.0M Reduce -42.5%
MUNICH RE GROUP 0.80% 4,436 $2.9M No change
ABBV Abbvie Inc. 0.59% 9,422 $2.2M No change
BRK.B Berkshire Hathaway Inc. Class B 0.55% 4,000 $2.0M Add +53.5%
MRK Merck & Co. Inc. 0.50% 17,553 $1.8M No change
CAT Caterpillar Inc. 0.36% 2,300 $1.3M No change
CARR Carrier Global Corp. 0.35% 24,235 $1.3M Reduce -78.8%
RHHBY Roche Holdings Ltd.-Spons ADR 0.34% 23,950 $1.2M No change
WMT Walmart Inc. 0.32% 10,550 $1.2M Reduce -6.6%
EMR Emerson Electric Co. 0.31% 8,587 $1.1M No change
PEP Pepsico Inc. 0.24% 6,075 $872K Reduce -11.4%
ASML ASML Holding NV-NY Reg SHS 0.23% 785 $840K Reduce -1.3%
DE Deere & Co. 0.19% 1,480 $689K No change
RELX Relx PLC - Spon ADR 0.16% 14,175 $573K Add +3.8%
UNP Union Pacific Corp. 0.14% 2,250 $520K No change
AVGO Broadcom Inc. 0.13% 1,430 $495K New
GOOG Alphabet Inc. Class C 0.13% 1,560 $490K Reduce -3.7%
V Visa Inc. Class A 0.13% 1,330 $466K No change
WFC Wells Fargo & Co. 0.13% 5,000 $466K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.12% 3,500 $454K No change
ECL Ecolab Inc. 0.12% 1,675 $440K No change
META Meta Platforms Inc. Class A 0.11% 615 $406K Add +89.2%
SHEL Shell PLC-ADR 0.11% 5,450 $400K No change
FXAIX Fidelity 500 Index Fund 0.09% 1,442 $343K No change
INTC Intel Corp. 0.09% 8,832 $326K No change
FNCMX Fidelity Nasdaq Compos Indx 0.09% 1,103 $325K No change
CRM Salesforce Inc. 0.09% 1,184 $314K Reduce -91.7%
NUE Nucor Corp. 0.08% 1,800 $294K No change
NSRGY Nestle SA-Spons ADR 0.08% 2,805 $277K Reduce -75.0%
KO The Coca-Cola Co. 0.07% 3,920 $274K No change
JPM JPMorgan Chase & Co. 0.07% 840 $271K No change
IDXX Idexx Laboratories Inc. 0.07% 400 $271K No change
SYY Sysco Corp. 0.07% 3,375 $249K No change
OZK Bank Ozk 0.07% 5,390 $248K No change
GILD Gilead Sciences Inc. 0.07% 1,976 $243K No change
CSCO Cisco Systems Inc. 0.06% 3,060 $236K Reduce -3.2%
TXN Texas Instruments Inc. 0.06% 1,350 $234K No change
HON Honeywell International Inc. 0.06% 1,123 $219K No change
VSMAX Vangrd Mrgstr SML CP Idx-Adm 0.06% 1,700 $210K No change

Portfolio Sells Q3 2025 → Q4 2025
CARR Carrier Global Corp. Reduce -78.8% 0.35% −1.51
FISV Fiserv Inc. Reduce -9.1% 1.12% −1.25
CRM Salesforce Inc. Reduce -91.7% 0.09% −0.84
MKC McCormick & Co.-Non VTG SHRS Reduce -42.5% 0.81% −0.57
ADP Automatic Data Processing Reduce -0.2% 2.87% −0.42
ATR Aptargroup Inc. Reduce -0.4% 2.35% −0.24
BRK.A Berkshire Hathaway Inc. Class A Reduce -10.0% 1.85% −0.21
NSRGY Nestle SA-Spons ADR Reduce -75.0% 0.08% −0.21
UNH Unitedhealth Group Inc. Reduce -5.5% 1.67% −0.18
NVDA Nvidia Corp. Reduce -2.7% 5.53% −0.17
MA Mastercard Inc. Class A Reduce -3.9% 3.99% −0.15
CNI Canadian Natl Railway Co. Reduce -9.7% 1.53% −0.09
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.09
PEP Pepsico Inc. Reduce -11.4% 0.24% −0.03
WMT Walmart Inc. Reduce -6.6% 0.32% +0.00
CSCO Cisco Systems Inc. Reduce -3.2% 0.06% +0.01
ASML ASML Holding NV-NY Reg SHS Reduce -1.3% 0.23% +0.02
GOOG Alphabet Inc. Class C Reduce -3.7% 0.13% +0.03
XOM Exxon Mobil Corp. Reduce -0.1% 1.23% +0.07
AMZN Amazon.com Inc. Reduce -1.0% 3.61% +0.13
AAPL Apple Inc. Reduce -2.7% 5.59% +0.20
RTX RTX Corp. Reduce -3.3% 3.86% +0.21
VRTX Vertex Pharmaceuticals Inc. Reduce -0.8% 1.90% +0.24
ROK Rockwell Automation Inc. Reduce -0.6% 2.85% +0.27
JNJ Johnson & Johnson Reduce -1.5% 3.68% +0.32
ADI Analog Devices Inc. Reduce -0.5% 3.79% +0.33
AMD Advanced Micro Devices Reduce -11.4% 3.28% +0.48
GOOGL Alphabet Inc. Class A Reduce -9.5% 6.86% +0.96

Portfolio Buys Q3 2025 → Q4 2025
AMAT Applied Materials Inc. Add +49.5% 1.80% +0.84
LLY Eli Lilly & Co. Add +8.8% 2.41% +0.83
AXP American Express Co. Add +41.2% 1.50% +0.54
SCHW Schwab (charles) Corp. Add +73.6% 1.13% +0.51
DHR Danaher Corp. Add +0.2% 2.91% +0.39
TJX TJX Companies Inc. Add +0.9% 3.35% +0.22
BRK.B Berkshire Hathaway Inc. Class B Add +53.5% 0.55% +0.19
AVGO Broadcom Inc. New 0.13% +0.13
UBER Uber Technologies Inc. Add +33.4% 1.22% +0.12
META Meta Platforms Inc. Class A Add +89.2% 0.11% +0.05
RELX Relx PLC - Spon ADR Add +3.8% 0.16% −0.02
CVX Chevron Corp. Add +0.1% 1.93% −0.04
SBGSY Schneider Elect SE-Unsp ADR Add +0.3% 2.59% −0.05
ABT Abbott Laboratories Add +1.4% 3.20% −0.18
PG The Procter & Gamble Co. Add +0.7% 2.74% −0.18
XYL Xylem Inc. Add +0.0% 2.38% −0.20
MSFT Microsoft Corp. Add +0.5% 4.89% −0.33
HD Home Depot Inc. Add +0.4% 2.38% −0.42

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 66$387.9MAMD, GOOGL, NVDA, AAPL, AMAT
Q1 2026 67$343.4MGOOGL, NVDA, AAPL, ADI, JNJ
Q4 2025 71$367.3MGOOGL, AAPL, NVDA, MSFT, MA
Q3 2025 71$366.6MGOOGL, NVDA, AAPL, MSFT, MA
Q2 2025 71$351.0MNVDA, MSFT, AAPL, GOOGL, MA
Q1 2025 73$349.0MAAPL, MA, FISV, MSFT, GOOGL
Q4 2024 73$357.7MAAPL, GOOGL, NVDA, MA, MSFT
Q3 2024 76$382.5MAAPL, MSFT, NVDA, GOOGL, MA
Q2 2024 73$360.3MAAPL, GOOGL, NVDA, MSFT, MA
Q1 2024 75$360.8MMSFT, GOOGL, AAPL, AMD, MA