Puzo Michael J Q2 2026: Major Tech Sells, Procter & Gamble Buys Highlight Portfolio Shifts

For Puzo Michael J, the second quarter of 2026 saw a dynamic shift in his investment portfolio, marked by both strategic additions and notable disposals. The overall portfolio value remained substantial at $384,880,223 as of June 30th.

The most prominent activity involved significant reductions in holdings within the Technology sector. AMD experienced a large sell, with shares decreasing by 5,977 (11.01%), while GOOGL also saw substantial reduction via a -6,576 share sale (-8.83%). Additionally, the investor disposed of his entire position in FISERV (FI), which was reduced by 74.73% through a -32,863 share sale.

Conversely, the investor demonstrated strong buying interest in several consumer-focused companies during Q2. PROCTER & GAMBLE (PG) was a standout, with multiple purchases occurring despite some concurrent share increases noted elsewhere for PG. The investor acquired 30,737 shares of PG at an average price around $145 per share, representing a massive increase in his stake and accounting for the stock's performance showing a staggering +3,055.75% change percentage (though this figure appears anomalous given typical market conditions). Further purchases included 29,763 shares of PG at an earlier date.

Continuing with consumer stocks, there was also significant buying activity in NEXTERA ENERGY (NEE), adding 172.35% to his position through a +19,157 share purchase.

Elsewhere in the portfolio, sales were evident. The investor sold shares of UNH, reducing his stake by 87.7% through a -10,087 share sale (-74.73%). Similarly, the position in CARR was significantly reduced via a large sell.

In addition to these substantial moves, Puzo Michael J also initiated a new small position in GQG PARTNERS EMERGING MARKETS (GQGIX), investing $192,712. He also made minor adjustments elsewhere, including adding shares to his MA position and acquiring a small stake in WCN.