# PUZO MICHAEL J

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1053914. Source: https://holderbook.com/funds/1053914-puzo-michael-j/

- Reported value: $387.9M
- Positions: 66
- Weight of the ten largest: 47.8%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $28.1M | 48,290 | 7.2% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $24.3M | 67,922 | 6.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $20.9M | 104,542 | 5.4% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.3M | 70,293 | 5.2% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $18.1M | 25,035 | 4.7% | 5 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $17.2M | 43,236 | 4.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $15.1M | 59,597 | 3.9% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.3M | 38,446 | 3.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.3M | 59,827 | 3.7% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $12.9M | 25,086 | 3.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $12.9M | 67,846 | 3.3% | 25 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $12.6M | 25,511 | 3.3% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $11.8M | 77,779 | 3.0% | 25 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $11.3M | 9,392 | 2.9% | 31 |
| SCHNEIDER ELEC SA    ADR | [SBGSY](https://holderbook.com/stocks/SBGSY/) | $11.1M | 170,477 | 2.9% | 12 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.8M | 66,746 | 2.5% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $8.8M | 39,376 | 2.3% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $8.7M | 24,726 | 2.2% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $8.6M | 45,274 | 2.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $8.3M | 91,512 | 2.1% | 31 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $7.9M | 15,907 | 2.0% | 11 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $7.7M | 65,331 | 2.0% | 31 |
| APTARGROUP INC | [ATR](https://holderbook.com/stocks/ATR/) | $7.5M | 60,108 | 1.9% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.4M | 44,480 | 1.9% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $6.5M | 19,362 | 1.7% | 22 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $6.0M | 8 | 1.5% | 31 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $5.9M | 49,603 | 1.5% | 31 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $5.5M | 75,833 | 1.4% | 6 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $5.1M | 55,627 | 1.3% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $4.5M | 32,671 | 1.2% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.7M | 9,864 | 1.0% | 3 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $3.5M | 21,257 | 0.9% | 2 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.7M | 30,272 | 0.7% | 2 |
| MUNICH RE GROUP | - | $2.5M | 4,436 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.2M | 4,485 | 0.6% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.2M | 17,353 | 0.6% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.2M | 8,766 | 0.6% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $1.8M | 915 | 0.5% | 14 |
| ROCHE HLDG AG          FSPONSORED ADR           1 ADR RE  0.125  ORD SHS | [RHHBY](https://holderbook.com/stocks/RHHBY/) | $1.2M | 23,940 | 0.3% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.1M | 1,050 | 0.3% | 30 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.0M | 6,987 | 0.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $815.5K | 7,200 | 0.2% | 10 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $640.7K | 1,010 | 0.2% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $618.5K | 3,500 | 0.2% | 24 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $610.6K | 2,245 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $588.1K | 1,415 | 0.2% | 26 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $551.2K | 1,560 | 0.1% | 13 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $544.9K | 11,110 | 0.1% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $465.2K | 3,332 | 0.1% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $433.3K | 3,200 | 0.1% | 31 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $422.6K | 5,450 | 0.1% | 18 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $413.2K | 5,000 | 0.1% | 13 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $402.0K | 4,639 | 0.1% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $394.6K | 1,150 | 0.1% | 31 |
| FIDELITY 500 INDEX | - | $376.6K | 1,442 | 0.1% | 19 |
| FIDELITY NASDAQ COMPOSITE INDE | - | $367.9K | 1,103 | 0.1% | 14 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $359.4K | 3,060 | 0.1% | 8 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $318.6K | 3,920 | 0.1% | 24 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $307.0K | 545 | 0.1% | 8 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $249.6K | 1,976 | 0.1% | 6 |
| VANGUARD SMALL CAP INDEX ADM | - | $246.7K | 1,700 | 0.1% | 4 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $242.7K | 950 | 0.1% | 1 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $241.0K | 3,285 | 0.1% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $229.1K | 700 | 0.1% | 7 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $201.9K | 900 | 0.1% | 1 |
| GQG PARTNERS EMERGING MARKETS | - | $192.7K | 10,400 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +17.2% | +14.8% | +2.4% | 99% |
| Q1 2026 | -3.6% | -4.6% | +1.0% | 99% |
| Q4 2025 | +3.4% | +2.4% | +1.0% | 99% |
| Q3 2025 | +4.9% | +7.8% | -2.9% | 99% |
| Q2 2025 | +4.5% | +10.5% | -6.0% | 99% |
| Q1 2025 | -1.4% | -4.6% | +3.1% | 99% |
| Q4 2024 | -2.5% | +2.1% | -4.7% | 99% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $387.9M | 66 |
| Q1 2026 | $343.4M | 67 |
| Q4 2025 | $367.3M | 71 |
| Q3 2025 | $366.6M | 71 |
| Q2 2025 | $351.0M | 71 |
| Q1 2025 | $349.0M | 73 |
| Q4 2024 | $357.7M | 73 |
| Q3 2024 | $382.5M | 76 |
| Q2 2024 | $360.3M | 73 |
| Q1 2024 | $360.8M | 75 |
| Q4 2023 | $314.8M | 75 |
| Q3 2023 | $294.8M | 75 |