SEC 13F Intelligence

Managers / Q4 2025 · view latest →

PUZO MICHAEL J

CIK 0001053914

Reported Value
$367M
Q4 2025
Positions
371
Filings on Record
30
2019–present window
Filed
Feb 17, 2026
original filing

Summary

Puzo Michael J reported $367M in U.S.-listed holdings across 371 positions for Q4 2025.

Its largest position, GOOGL, represents 3.5% of the portfolio.

Compared with Q3 2025, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+22.9%
share of reported value
Largest Position
+3.5%
Alphabet
New / Exited
1 / 1
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: 95.5%ADR: 3.3%Other: 1.0%Open-End Fund: 0.2%
  • Common Stock · 95.5% · $351M
  • ADR · 3.3% · $12M
  • Other · 1.0% · $4M
  • Open-End Fund · 0.2% · $877,952

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVGOBROADCOM INCNEW+1.4K1.4K+$494,922$494,922
NVONOVO NORDISK A S ADRSOLD OUT−5.8K0−$320,455$0
CRMSALESFORCE.COMTRIMMED−13.1K1.2K−$3M$313,654
METAMETA PLATFORMS INCADDED+290615+$167,282$405,955
CARRCARRIER GLOBALTRIMMED−90.0K24.2K−$6M$1M
NESTLE SA ADRTRIMMED−8.4K2.8K−$751,663$277,078
SCHWCHARLES SCHWABADDED+17.6K41.5K+$2M$4M
BRK/BBERKSHIRE HATHAWAY CL BADDED+1.4K4.0K+$700,963$2M

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

Holdings — Q4 2025

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INC CL Ahistory →COM5.73%$21M67.3K
2AAPLAPPLEhistory →COM4.16%$15M56.2K
3NVDANVIDIA CORPhistory →COM4.05%$15M79.7K
4MSFTMICROSOFThistory →COM3.43%$13M26.0K
5MAMASTERCARDhistory →COM2.94%$11M18.9K
6ADIANALOG DEVICEShistory →COM2.78%$10M37.7K
7RTXRTX CORPORATIONhistory →COM2.68%$10M53.7K
8AMZNAMAZON.COMhistory →COM2.54%$9M40.4K
9JNJJOHNSON AND JOHNSONhistory →COM2.54%$9M45.0K
10TJXTJX COShistory →COM2.40%$9M57.3K
11ABTABBOTT LABShistory →COM2.33%$9M68.4K
12AMDADVANCED MICRO DEVICEShistory →COM2.19%$8M37.5K
13DHRDANAHER CORPhistory →COM2.13%$8M34.2K
14ROKROCKWELL AUTOMATIONhistory →COM2.13%$8M20.1K
15ADPAUTOMATIC DATA PROCESSINGhistory →COM2.02%$7M28.8K
16SCHNEIDER ELEC SA ADRCOM1.87%$7M125.2K
17BRK/ABERKSHIRE HATHAWAY CL Ahistory →COM1.85%$7M9
18HDHOME DEPOThistory →COM1.72%$6M18.4K
19PGPROCTER & GAMBLEhistory →COM1.37%$5M35.2K
20XYLXYLEM INChistory →COM1.23%$5M33.2K
21ATRAPTARGROUPhistory →COM1.22%$4M36.8K
22CHVCHEVRONhistory →COM1.19%$4M28.8K
23LLYELI LILLY & COhistory →COM1.14%$4M3.9K
24VRTXVERTEX PHARMACEUTICALSCOM0.98%$4M7.9K
25AMATAPPLIED MATERIALCOM0.82%$3M11.7K
26AXPAMERICAN EXPRESSCOM0.75%$3M7.4K
27CNRCANADIAN NATL RAILWAYCOM0.74%$3M27.6K
28UNHUNITEDHEALTH GROUPCOM0.71%$3M7.9K
29PGPROCTER & GAMBLECOM0.58%$2M15.0K
30EXMOCEXXON MOBILCOM0.58%$2M17.8K
31FISVFISERVCOM0.56%$2M30.4K
32UBERUBER TECHNOLOGIES INCCOM0.55%$2M24.8K

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 ↗.