SEC 13F Intelligence

Managers / Q3 2019 · view latest →

PUZO MICHAEL J

CIK 0001053914

Reported Value
$266M
Q3 2019
Positions
521
Filings on Record
30
2019–present window
Filed
Nov 6, 2019
original filing

Summary

Puzo Michael J reported $266M in U.S.-listed holdings across 521 positions for Q3 2019.

Its largest position, BRK/A, represents 1.9% of the portfolio.

Compared with Q2 2019, the fund opened 0 new positions and exited 7.

Portfolio Metrics

Turnover
+4.7%
vs prior filed quarter
Top-10 Concentration
+15.4%
share of reported value
Largest Position
+1.9%
Berkshire Hathaway

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $225MQ4 ’18Q1 ’19: $257MQ2 ’19: $269MQ3 ’19: $266MQ4 ’19: $279MQ4 ’19Q1 ’20: $227MQ2 ’20: $267MQ3 ’20: $281MQ4 ’20: $306MQ4 ’20Q1 ’21: $314MQ2 ’21: $322MQ3 ’21: $316MQ4 ’21: $354MQ4 ’21Q1 ’22: $332MQ2 ’22: $282MQ3 ’22: $263MQ4 ’22: $277MQ4 ’22Q1 ’23: $300MQ2 ’23: $316MQ3 ’23: $295MQ4 ’23: $315MQ4 ’23Q1 ’24: $361MQ2 ’24: $360MQ3 ’24: $383MQ4 ’24: $358MQ4 ’24Q1 ’25: $349MQ2 ’25: $351MQ3 ’25: $367MQ4 ’25: $367MQ4 ’25Q1 ’26: $343Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 84.1%ADR: 8.8%Other: 6.7%Ltd Part: 0.4%
  • Common Stock · 84.1% · $223M
  • ADR · 8.8% · $23M
  • Other · 6.7% · $18M
  • Ltd Part · 0.4% · $940,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALCON INCSOLD OUT−9.2K0−$570,000$0
FXAIXFIDELITY 500 INDEX FUND FUNDSOLD OUT−2.6K0−$267,000$0
HPHELMERICH & PAYNESOLD OUT−4.8K0−$245,000$0
METAFACEBOOK INCSOLD OUT−1.2K0−$236,000$0
FDSFACTSET RESH SYSSOLD OUT−7500−$215,000$0
CELGCELGENE CORPSOLD OUT−2.3K0−$214,000$0
SJMSMUCKER J MSOLD OUT−1.8K0−$208,000$0
CATCATERPILLARADDED+2.8K6.0K+$322,000$758,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MAMASTERCARDhistory →COM3.73%$10M36.5K
2AAPLAPPLE INChistory →COM3.37%$9M39.9K
3NESTLE SA ADRCOM3.24%$9M79.1K
4ADPAUTOMATIC DATA PROCESSINGhistory →COM2.89%$8M47.5K
5FISVFISERVhistory →COM2.86%$8M73.3K
6GOOGLALPHABET INC CL Ahistory →COM2.84%$8M6.2K
7ATRAPTARGROUPhistory →COM2.79%$7M62.4K
8INTCINTEL CORPhistory →COM2.22%$6M114.6K
9CNRCANADIAN NATL RAILWAYhistory →COM2.20%$6M65.0K
10MSFTMICROSOFT CORPhistory →COM2.05%$5M39.1K
11NVSNNOVARTIS AG ADRhistory →COM2.03%$5M61.9K
12ABTABBOTT LABShistory →COM1.97%$5M62.4K
13DHRDANAHER CORPhistory →COM1.95%$5M35.9K
14BRK/ABERKSHIRE HATHAWAY CL Ahistory →COM1.88%$5M16
15PGPROCTER & GAMBLEhistory →COM1.64%$4M35.0K
16JNJJOHNSON & JOHNSONhistory →COM1.59%$4M32.7K
17CHUBB LIMITEDCOM1.51%$4M24.8K
18UTXZUNITED TECHNOLOGIEShistory →COM1.31%$3M25.5K
19ADIANALOG DEVICEShistory →COM1.01%$3M24.0K
20CHVCHEVRONCOM1.00%$3M22.3K
21MMM3MCOM0.94%$3M15.2K
22PGPROCTER & GAMBLECOM0.82%$2M17.5K
23HDHOME DEPOTCOM0.80%$2M9.2K
24JNJJOHNSON & JOHNSONCOM0.75%$2M15.4K
25DISDISNEYCOM0.73%$2M15.0K
26EXMOCEXXON MOBILCOM0.73%$2M27.5K
27PGPROCTER & GAMBLECOM0.73%$2M15.6K
28UNILEVER PLC NEW ADRCOM0.71%$2M31.5K
29CVSCVS HEALTHCOM0.69%$2M28.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$343M379May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$367M371Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$367M377Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$351M316Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$349M322Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$358M274Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$383M282Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$360M283Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$361M293May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$315M280Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$295M290Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$316M300Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$300M299May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$277M294Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$263M299Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$282M299Jul 19, 202213F-HRchanges · EDGAR ↗
Q1 2022$332M306May 17, 202213F-HRchanges · EDGAR ↗
Q4 2021$354M306Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$316M288Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$322M291Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$314M292May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$306M293Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$281M510Oct 28, 202013F-HRchanges · EDGAR ↗
Q2 2020$267M505Jul 28, 202013F-HRchanges · EDGAR ↗
Q1 2020$227M484May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$279M498Jan 15, 202013F-HRchanges · EDGAR ↗
Q3 2019$266M521Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$269M548Jul 24, 201913F-HRchanges · EDGAR ↗
Q1 2019$257M528May 1, 201913F-HRchanges · EDGAR ↗
Q4 2018$225M517Jan 24, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 7 additional managers.

  • Broderick Brian C028-11136
  • SOMERVILLE KURT F028-10379
  • Kidder Stephen W028-11134
  • Dempze Nancy E028-17236
  • Delaney Dennis R028-17222
  • Gardiner Nancy B028-17232
  • Elefante Mark B028-17226

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.