SEC 13F Intelligence

Managers / Q1 2020 · view latest →

PUZO MICHAEL J

CIK 0001053914

Reported Value
$227M
Q1 2020
Positions
484
Filings on Record
30
2019–present window
Filed
May 7, 2020
original filing

Summary

Puzo Michael J reported $227M in U.S.-listed holdings across 484 positions for Q1 2020.

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

Compared with Q4 2019, the fund opened 1 new position and exited 12.

Portfolio Metrics

Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+16.2%
share of reported value
Largest Position
+1.9%
Berkshire Hathaway
New / Exited
1 / 12
positions this quarter

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: 83.8%ADR: 9.6%Other: 6.4%Ltd Part: 0.2%
  • Common Stock · 83.8% · $190M
  • ADR · 9.6% · $22M
  • Other · 6.4% · $15M
  • Ltd Part · 0.2% · $356,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UNHUNITED HEALTH GROUPNEW+4.2K4.2K+$1M$1M
IPGPIPG PHOTONICSSOLD OUT−6.2K0−$902,000$0
WFCWELLS FARGOSOLD OUT−6.3K0−$339,000$0
PAYXPAYCHEXSOLD OUT−3.9K0−$332,000$0
STTSTATE STREETSOLD OUT−3.9K0−$308,000$0
BMOBANK OF MONTREALSOLD OUT−3.5K0−$271,000$0
SUSUNCOR ENERGYSOLD OUT−8.0K0−$262,000$0
AXPAMERICAN EXPRESSSOLD OUT−2.0K0−$249,000$0

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

Holdings — Q1 2020

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM3.92%$9M35.0K
2MAMASTERCARDhistory →COM3.52%$8M33.1K
3NESTLE SA ADRCOM3.36%$8M74.2K
4GOOGLALPHABET INC CL Ahistory →COM3.00%$7M5.9K
5NVSNNOVARTIS AG ADRhistory →COM2.88%$7M79.5K
6DHRDANAHER CORPhistory →COM2.79%$6M45.9K
7ADPAUTOMATIC DATA PROCESSINGhistory →COM2.70%$6M44.9K
8FISVFISERVhistory →COM2.69%$6M64.5K
9ATRAPTARGROUPhistory →COM2.66%$6M60.8K
10INTCINTEL CORPhistory →COM2.51%$6M105.4K
11MSFTMICROSOFT CORPhistory →COM2.43%$6M35.1K
12CNRCANADIAN NATL RAILWAYhistory →COM2.16%$5M63.2K
13ABTABBOTT LABShistory →COM2.08%$5M59.8K
14BRK/ABERKSHIRE HATHAWAY CL Ahistory →COM1.92%$4M16
15JNJJOHNSON & JOHNSONhistory →COM1.78%$4M30.9K
16PGPROCTER & GAMBLEhistory →COM1.51%$3M31.1K
17UTXZUNITED TECHNOLOGIEShistory →COM1.03%$2M24.9K
18ADIANALOG DEVICESCOM0.93%$2M23.5K
19JNJJOHNSON & JOHNSONCOM0.88%$2M15.2K
20PGPROCTER & GAMBLECOM0.83%$2M17.0K
21CHVCHEVRONCOM0.79%$2M24.8K
22BDXBECTON DICKINSONCOM0.78%$2M7.7K
23PGPROCTER & GAMBLECOM0.75%$2M15.4K
24CVSCVS HEALTHCOM0.74%$2M28.4K
25MMM3MCOM0.74%$2M12.3K
26HDHOME DEPOTCOM0.72%$2M8.7K
27UNILEVER PLC NEW ADRCOM0.70%$2M31.4K
28DISDISNEYCOM0.67%$2M15.9K

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 ↗.