SEC 13F Intelligence

Managers / Q1 2025 · view latest →

PUZO MICHAEL J

CIK 0001053914

Reported Value
$349M
Q1 2025
Positions
322
Filings on Record
30
2019–present window
Filed
Apr 21, 2025
original filing

Summary

Puzo Michael J reported $349M in U.S.-listed holdings across 322 positions for Q1 2025.

Its largest position, AAPL, represents 2.7% of the portfolio.

Compared with Q4 2024, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+22.1%
share of reported value
Largest Position
+2.7%
Apple
New / Exited
3 / 3
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: 94.0%ADR: 4.9%Other: 1.0%Open-End Fund: 0.2%
  • Common Stock · 94.0% · $328M
  • ADR · 4.9% · $17M
  • Other · 1.0% · $3M
  • Open-End Fund · 0.2% · $606,894

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UBERUBER TECHNOLOGIES INCNEW+16.0K16.0K+$1M$1M
SCHWCHARLES SCHWABNEW+4.8K4.8K+$377,936$377,936
GILDGILEAD SCIENCESNEW+2.1K2.1K+$235,305$235,305
NVONOVO NORDISK A S ADRADDED+19.1K24.6K+$1M$2M
LLYELI LILLY & COADDED+1.9K2.5K+$2M$2M
AXPAMERICAN EXPRESSADDED+1.6K2.9K+$395,224$781,051
MEDTRONICSOLD OUT−13.1K0−$1M$0
SPDR S&P 500 ETFSOLD OUT−4700−$275,458$0

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

Holdings — Q1 2025

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEhistory →COM3.97%$14M62.4K
2MAMASTERCARDhistory →COM3.58%$12M22.8K
3FISVFISERVhistory →COM3.45%$12M54.5K
4GOOGLALPHABET INC CL Ahistory →COM3.22%$11M72.6K
5MSFTMICROSOFThistory →COM3.17%$11M29.4K
6ADPAUTOMATIC DATA PROCESSINGhistory →COM2.99%$10M34.1K
7NVDANVIDIA CORPhistory →COM2.95%$10M94.9K
8ABTABBOTT LABShistory →COM2.91%$10M76.6K
9BRK/ABERKSHIRE HATHAWAY CL Ahistory →COM2.52%$9M11
10JNJJOHNSON AND JOHNSONhistory →COM2.49%$9M52.5K
11AMZNAMAZON.COMhistory →COM2.48%$9M45.5K
12ATRAPTARGROUPhistory →COM2.47%$9M58.1K
13RTXRTX CORPORATIONhistory →COM2.45%$9M64.6K
14ADIANALOG DEVICEShistory →COM2.34%$8M40.5K
15TJXTJX COShistory →COM2.17%$8M62.2K
16DHRDANAHER CORPhistory →COM2.15%$8M36.6K
17HDHOME DEPOThistory →COM2.03%$7M19.3K
18ROKROCKWELL AUTOMATIONhistory →COM1.94%$7M26.2K
19PGPROCTER & GAMBLEhistory →COM1.84%$6M37.8K
20UNHUNITEDHEALTH GROUPhistory →COM1.81%$6M12.1K
21CNRCANADIAN NATL RAILWAYhistory →COM1.69%$6M60.6K
22CHVCHEVRONhistory →COM1.45%$5M30.3K
23XYLXYLEM INChistory →COM1.19%$4M34.7K
24SCHNEIDER ELEC SA ADRCOM1.19%$4M90.2K
25AMDADVANCED MICRO DEVICEShistory →COM1.10%$4M37.5K
26VRTXVERTEX PHARMACEUTICALShistory →COM1.10%$4M7.9K
27CARRCARRIER GLOBALhistory →COM1.09%$4M59.9K
28MCXMCCORMICK & COCOM0.92%$3M38.8K
29PGPROCTER & GAMBLECOM0.85%$3M17.4K
30NESTLE SA ADRCOM0.80%$3M27.6K
31EXMOCEXXON MOBILCOM0.61%$2M17.9K

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 5 additional managers.

  • Broderick Brian C028-11136
  • SOMERVILLE KURT F028-10379
  • Kidder Stephen W028-11134
  • Dempze Nancy E028-17236
  • 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 ↗.