PUZO MICHAEL J Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMAT	APPLIED MATERIAL	25,723 (+49.4%)	$6,611 (+87.6%)	1.8%	$191.78	+24.9%	COM	038222105
LLY	ELI LILLY & CO	8,224 (+8.8%)	$8,838 (+53.2%)	2.4%	$733.47	+30.3%	COM	532457108
AXP	AMERICAN EXPRESS	14,918 (+41.2%)	$5,519 (+57.2%)	1.5%	$296.87	+20.2%	COM	025816109
SCHW	CHARLES SCHWAB	41,485 (+73.6%)	$4,145 (+81.6%)	1.1%	$89.10	+6.3%	COM	808513105
BRK/B	BERKSHIRE HATHAWAY CL B	4,000 (+53.6%)	$2,011 (+53.5%)	0.5%	$349.61	+42.3%	COM	084670702
ABT	ABBOTT LABS	93,941 (+1.4%)	$11,770 (-5.1%)	3.2%	$54.27	+134.6%	COM	002824100
UBER	UBER TECHNOLOGIES INC	54,685 (+33.3%)	$4,468 (+11.2%)	1.2%	$82.89	+8.6%	COM	90353T100
META	META PLATFORMS INC	615 (+89.2%)	$406 (+70.1%)	0.1%	$585.30	+14.0%	COM	30303M102
RELX	RELX PLC	14,175 (+3.8%)	$573 (-12.2%)	0.2%	$47.18	—	COM	759530108

Exited Positions (1)

NVO NOVO NORDISK A S ADR 0.1%

Value ($000) $320 Shares 5,775 Est. Cost $70.59 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVO	NOVO NORDISK A S ADR	5,775	$320	0.1%	$70.59	—	—	670100205

Decreased Positions (21)

CARR CARRIER GLOBAL 0.3%

Value ($000) $1,281 (-81.2%) Shares 24,235 (-78.8%) Est. Cost $62.64 Unrealized -11.4%

FISV FISERV 1.1%

Value ($000) $4,103 (-52.6%) Shares 61,088 (-9.1%) Est. Cost $59.52 Unrealized +40.9%

GOOGL ALPHABET INC CL A 6.9%

Value ($000) $25,206 (+16.6%) Shares 80,531 (-9.5%) Est. Cost $108.37 Unrealized +163.5%

CRM SALESFORCE.COM 0.1%

Value ($000) $314 (-90.7%) Shares 1,184 (-91.7%) Est. Cost $298.51 Unrealized -16.9%

MKC MCCORMICK & CO 0.8%

Value ($000) $2,965 (-41.4%) Shares 43,527 (-42.5%) Est. Cost $70.15 Unrealized -6.0%

AMD ADVANCED MICRO DEVICES 3.3%

Value ($000) $12,039 (+17.3%) Shares 56,213 (-11.4%) Est. Cost $120.00 Unrealized +87.2%

JNJ JOHNSON AND JOHNSON 3.7%

Value ($000) $13,535 (+9.9%) Shares 65,403 (-1.5%) Est. Cost $89.52 Unrealized +120.1%

RTX RTX CORPORATION 3.9%

Value ($000) $14,167 (+6.0%) Shares 77,245 (-3.3%) Est. Cost $58.80 Unrealized +194.7%

AAPL APPLE 5.6%

Value ($000) $20,527 (+3.9%) Shares 75,507 (-2.7%) Est. Cost $93.72 Unrealized +186.3%

NSRGY NESTLE SA ADR 0.1%

Value ($000) $277 (-73.1%) Shares 2,805 (-75.0%) Est. Cost $74.41 Unrealized —

BRK/A BERKSHIRE HATHAWAY CL A 1.8%

Value ($000) $6,793 (-9.9%) Shares 9 (-10.0%) Est. Cost $309674.97 Unrealized +141.0%

UNH UNITEDHEALTH GROUP 1.7%

Value ($000) $6,119 (-9.6%) Shares 18,537 (-5.4%) Est. Cost $330.33 Unrealized +2.1%

NVDA NVIDIA CORP 5.5%

Value ($000) $20,322 (-2.8%) Shares 108,965 (-2.7%) Est. Cost $92.37 Unrealized +101.5%

MA MASTERCARD 4.0%

Value ($000) $14,648 (-3.5%) Shares 25,658 (-3.9%) Est. Cost $159.28 Unrealized +250.9%

AMZN AMAZON.COM 3.6%

Value ($000) $13,255 (+4.0%) Shares 57,425 (-1.0%) Est. Cost $128.15 Unrealized +78.5%

CNI CANADIAN NATL RAILWAY 1.5%

Value ($000) $5,635 (-5.3%) Shares 57,010 (-9.7%) Est. Cost $64.81 Unrealized +48.3%

GOOG ALPHABET INC CL C 0.1%

Value ($000) $490 (+24.1%) Shares 1,560 (-3.7%) Est. Cost $114.89 Unrealized +149.2%

PEP PEPSICO 0.2%

Value ($000) $872 (-9.5%) Shares 6,075 (-11.4%) Est. Cost $82.94 Unrealized +75.9%

ASML ASML HOLDING NV 0.2%

Value ($000) $840 (+8.7%) Shares 785 (-1.3%) Est. Cost $705.05 Unrealized —

CSCO CISCO SYS INC 0.1%

Value ($000) $236 (+9.0%) Shares 3,060 (-3.2%) Est. Cost $46.78 Unrealized +57.7%

WMT WAL-MART STORES 0.3%

Value ($000) $1,175 (+0.9%) Shares 10,550 (-6.6%) Est. Cost $56.04 Unrealized +91.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CARR	CARRIER GLOBAL	24,235 (-78.8%)	$1,281 (-81.2%)	0.3%	$62.64	-11.4%	COM	14448C104
FISV	FISERV	61,088 (-9.1%)	$4,103 (-52.6%)	1.1%	$59.52	+40.9%	COM	337738108
GOOGL	ALPHABET INC CL A	80,531 (-9.5%)	$25,206 (+16.6%)	6.9%	$108.37	+163.5%	COM	02079K305
CRM	SALESFORCE.COM	1,184 (-91.7%)	$314 (-90.7%)	0.1%	$298.51	-16.9%	COM	79466L302
MKC	MCCORMICK & CO	43,527 (-42.5%)	$2,965 (-41.4%)	0.8%	$70.15	-6.0%	COM	579780206
AMD	ADVANCED MICRO DEVICES	56,213 (-11.4%)	$12,039 (+17.3%)	3.3%	$120.00	+87.2%	COM	007903107
JNJ	JOHNSON AND JOHNSON	65,403 (-1.5%)	$13,535 (+9.9%)	3.7%	$89.52	+120.1%	COM	478160104
RTX	RTX CORPORATION	77,245 (-3.3%)	$14,167 (+6.0%)	3.9%	$58.80	+194.7%	COM	75513E101
AAPL	APPLE	75,507 (-2.7%)	$20,527 (+3.9%)	5.6%	$93.72	+186.3%	COM	037833100
NSRGY	NESTLE SA ADR	2,805 (-75.0%)	$277 (-73.1%)	0.1%	$74.41	—	COM	641069406
BRK/A	BERKSHIRE HATHAWAY CL A	9 (-10.0%)	$6,793 (-9.9%)	1.8%	$309674.97	+141.0%	COM	084670108
UNH	UNITEDHEALTH GROUP	18,537 (-5.4%)	$6,119 (-9.6%)	1.7%	$330.33	+2.1%	COM	91324P102
NVDA	NVIDIA CORP	108,965 (-2.7%)	$20,322 (-2.8%)	5.5%	$92.37	+101.5%	COM	67066G104
MA	MASTERCARD	25,658 (-3.9%)	$14,648 (-3.5%)	4.0%	$159.28	+250.9%	COM	57636Q104
AMZN	AMAZON.COM	57,425 (-1.0%)	$13,255 (+4.0%)	3.6%	$128.15	+78.5%	COM	023135106
CNI	CANADIAN NATL RAILWAY	57,010 (-9.7%)	$5,635 (-5.3%)	1.5%	$64.81	+48.3%	COM	136375102
GOOG	ALPHABET INC CL C	1,560 (-3.7%)	$490 (+24.1%)	0.1%	$114.89	+149.2%	COM	02079K107
PEP	PEPSICO	6,075 (-11.4%)	$872 (-9.5%)	0.2%	$82.94	+75.9%	COM	713448108
ASML	ASML HOLDING NV	785 (-1.3%)	$840 (+8.7%)	0.2%	$705.05	—	COM	N07059210
CSCO	CISCO SYS INC	3,060 (-3.2%)	$236 (+9.0%)	0.1%	$46.78	+57.7%	COM	17275R102
WMT	WAL-MART STORES	10,550 (-6.6%)	$1,175 (+0.9%)	0.3%	$56.04	+91.3%	COM	931142103

Unchanged Positions (40)

ADP AUTOMATIC DATA PROCESSING 2.9%

Value ($000) $10,530 Shares 40,936 Est. Cost $76.01 Unrealized +248.4%

HD HOME DEPOT 2.4%

Value ($000) $8,755 Shares 25,443 Est. Cost $149.21 Unrealized +144.4%

DHR DANAHER CORP 2.9%

Value ($000) $10,696 Shares 46,725 Est. Cost $98.84 Unrealized +122.1%

ADI ANALOG DEVICES 3.8%

Value ($000) $13,923 Shares 51,337 Est. Cost $75.70 Unrealized +231.1%

MSFT MICROSOFT 4.9%

Value ($000) $17,960 Shares 37,137 Est. Cost $66.31 Unrealized +654.9%

ROK ROCKWELL AUTOMATION 2.8%

Value ($000) $10,453 Shares 26,867 Est. Cost $156.26 Unrealized +140.1%

VRTX VERTEX PHARMACEUTICALS 1.9%

Value ($000) $6,969 Shares 15,371 Est. Cost $441.58 Unrealized -2.4%

ATR APTARGROUP 2.3%

Value ($000) $8,618 Shares 70,665 Est. Cost $61.18 Unrealized +101.0%

TJX TJX COS 3.3%

Value ($000) $12,300 Shares 80,073 Est. Cost $57.06 Unrealized +158.8%

XYL XYLEM INC 2.4%

Value ($000) $8,749 Shares 64,243 Est. Cost $65.44 Unrealized +119.4%

PG PROCTER & GAMBLE 2.7%

Value ($000) $10,070 Shares 70,269 Est. Cost $76.87 Unrealized +91.5%

MRK MERCK 0.5%

Value ($000) $1,848 Shares 17,553 Est. Cost $37.69 Unrealized +147.4%

XOM EXXON MOBIL 1.2%

Value ($000) $4,529 Shares 37,636 Est. Cost $57.27 Unrealized +101.7%

RHHBY ROCHE HLDG LTD ADR 0.3%

Value ($000) $1,235 Shares 23,950 Est. Cost $38.50 Unrealized —

CAT CATERPILLAR 0.4%

Value ($000) $1,318 Shares 2,300 Est. Cost $119.58 Unrealized +364.6%

SBGSY SCHNEIDER ELEC SA ADR 2.6%

Value ($000) $9,512 Shares 173,145 Est. Cost $40.99 Unrealized —

CVX CHEVRON 1.9%

Value ($000) $7,079 Shares 46,450 Est. Cost $94.52 Unrealized +60.2%

— MUNICH RE GROUP 0.8%

Value ($000) $2,932 Shares 4,436 Est. Cost $193.76 Unrealized —

NUE NUCOR CORP 0.1%

Value ($000) $294 Shares 1,800 Est. Cost $129.61 Unrealized +15.6%

WFC WELLS FARGO 0.1%

Value ($000) $466 Shares 5,000 Est. Cost $37.64 Unrealized +130.1%

INTC INTEL 0.1%

Value ($000) $326 Shares 8,832 Est. Cost $24.23 Unrealized +55.9%

SYY SYSCO 0.1%

Value ($000) $249 Shares 3,375 Est. Cost $63.69 Unrealized +18.6%

ABBV ABBVIE 0.6%

Value ($000) $2,153 Shares 9,422 Est. Cost $37.31 Unrealized +509.9%

OZK BANK OZK 0.1%

Value ($000) $248 Shares 5,390 Est. Cost $31.35 Unrealized +47.6%

GILD GILEAD SCIENCES 0.1%

Value ($000) $243 Shares 1,976 Est. Cost $100.53 Unrealized +20.2%

ECL ECOLAB INC 0.1%

Value ($000) $440 Shares 1,675 Est. Cost $174.64 Unrealized +52.2%

HON HONEYWELL INTL 0.1%

Value ($000) $219 Shares 1,123 Est. Cost $167.76 Unrealized +16.3%

IDXX IDEXX CORP 0.1%

Value ($000) $271 Shares 400 Est. Cost $478.19 Unrealized +42.4%

KO COCA COLA 0.1%

Value ($000) $274 Shares 3,920 Est. Cost $40.79 Unrealized +70.1%

TXN TEXAS INSTRUMENTS 0.1%

Value ($000) $234 Shares 1,350 Est. Cost $92.76 Unrealized +84.0%

EMR EMERSON ELECTRIC 0.3%

Value ($000) $1,140 Shares 8,587 Est. Cost $53.23 Unrealized +148.7%

V VISA 0.1%

Value ($000) $466 Shares 1,330 Est. Cost $73.49 Unrealized +363.2%

DE DEERE & CO 0.2%

Value ($000) $689 Shares 1,480 Est. Cost $86.42 Unrealized +441.2%

UNP UNION PACIFIC 0.1%

Value ($000) $520 Shares 2,250 Est. Cost $100.44 Unrealized +126.3%

SHEL SHEL PLC 0.1%

Value ($000) $400 Shares 5,450 Est. Cost $54.94 Unrealized —

FNCMX FIDELITY NASDAQ COMPOSITE INDE 0.1%

Value ($000) $325 Shares 1,103 Est. Cost $154.32 Unrealized —

FXAIX FIDELITY 500 INDEX FUND FUND 0.1%

Value ($000) $343 Shares 1,442 Est. Cost $165.04 Unrealized —

JPM JPMORGAN CHASE 0.1%

Value ($000) $271 Shares 840 Est. Cost $228.03 Unrealized +35.7%

VSMAX VANGUARD SMALL CAP INDEX FD AD 0.1%

Value ($000) $210 Shares 1,700 Est. Cost $121.81 Unrealized —

BMO BANK OF MONTREAL 0.1%

Value ($000) $454 Shares 3,500 Est. Cost $46.24 Unrealized +173.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ADP	AUTOMATIC DATA PROCESSING	40,936	$10,530	2.9%	$76.01	+248.4%	COM	053015103
HD	HOME DEPOT	25,443	$8,755	2.4%	$149.21	+144.4%	COM	437076102
DHR	DANAHER CORP	46,725	$10,696	2.9%	$98.84	+122.1%	COM	235851102
ADI	ANALOG DEVICES	51,337	$13,923	3.8%	$75.70	+231.1%	COM	032654105
MSFT	MICROSOFT	37,137	$17,960	4.9%	$66.31	+654.9%	COM	594918104
ROK	ROCKWELL AUTOMATION	26,867	$10,453	2.8%	$156.26	+140.1%	COM	773903109
VRTX	VERTEX PHARMACEUTICALS	15,371	$6,969	1.9%	$441.58	-2.4%	COM	92532F100
ATR	APTARGROUP	70,665	$8,618	2.3%	$61.18	+101.0%	COM	038336103
TJX	TJX COS	80,073	$12,300	3.3%	$57.06	+158.8%	COM	872540109
XYL	XYLEM INC	64,243	$8,749	2.4%	$65.44	+119.4%	COM	98419M100
PG	PROCTER & GAMBLE	70,269	$10,070	2.7%	$76.87	+91.5%	COM	742718109
MRK	MERCK	17,553	$1,848	0.5%	$37.69	+147.4%	COM	58933Y105
XOM	EXXON MOBIL	37,636	$4,529	1.2%	$57.27	+101.7%	COM	30231G102
RHHBY	ROCHE HLDG LTD ADR	23,950	$1,235	0.3%	$38.50	—	COM	771195104
CAT	CATERPILLAR	2,300	$1,318	0.4%	$119.58	+364.6%	COM	149123101
SBGSY	SCHNEIDER ELEC SA ADR	173,145	$9,512	2.6%	$40.99	—	COM	80687P106
CVX	CHEVRON	46,450	$7,079	1.9%	$94.52	+60.2%	COM	166764100
—	MUNICH RE GROUP	4,436	$2,932	0.8%	$193.76	—	COM	529412900
NUE	NUCOR CORP	1,800	$294	0.1%	$129.61	+15.6%	COM	670346105
WFC	WELLS FARGO	5,000	$466	0.1%	$37.64	+130.1%	COM	949746101
INTC	INTEL	8,832	$326	0.1%	$24.23	+55.9%	COM	458140100
SYY	SYSCO	3,375	$249	0.1%	$63.69	+18.6%	COM	871829107
ABBV	ABBVIE	9,422	$2,153	0.6%	$37.31	+509.9%	COM	00287Y109
OZK	BANK OZK	5,390	$248	0.1%	$31.35	+47.6%	COM	06417N103
GILD	GILEAD SCIENCES	1,976	$243	0.1%	$100.53	+20.2%	COM	375558103
ECL	ECOLAB INC	1,675	$440	0.1%	$174.64	+52.2%	COM	278865100
HON	HONEYWELL INTL	1,123	$219	0.1%	$167.76	+16.3%	COM	438516106
IDXX	IDEXX CORP	400	$271	0.1%	$478.19	+42.4%	COM	45168D104
KO	COCA COLA	3,920	$274	0.1%	$40.79	+70.1%	COM	191216100
TXN	TEXAS INSTRUMENTS	1,350	$234	0.1%	$92.76	+84.0%	COM	882508104
EMR	EMERSON ELECTRIC	8,587	$1,140	0.3%	$53.23	+148.7%	COM	291011104
V	VISA	1,330	$466	0.1%	$73.49	+363.2%	COM	92826C839
DE	DEERE & CO	1,480	$689	0.2%	$86.42	+441.2%	COM	244199105
UNP	UNION PACIFIC	2,250	$520	0.1%	$100.44	+126.3%	COM	907818108
SHEL	SHEL PLC	5,450	$400	0.1%	$54.94	—	COM	780259305
FNCMX	FIDELITY NASDAQ COMPOSITE INDE	1,103	$325	0.1%	$154.32	—	Equity Mutual Fu	315912709
FXAIX	FIDELITY 500 INDEX FUND FUND	1,442	$343	0.1%	$165.04	—	Equity Mutual Fu	315911750
JPM	JPMORGAN CHASE	840	$271	0.1%	$228.03	+35.7%	COM	46625H100
VSMAX	VANGUARD SMALL CAP INDEX FD AD	1,700	$210	0.1%	$121.81	—	Equity Mutual Fu	922908686
BMO	BANK OF MONTREAL	3,500	$454	0.1%	$46.24	+173.8%	COM	063671101