PARNASSUS INVESTMENTS, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
This filer last reported in Q2 2026; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ALPHABET INC | GOOGL | $2.0B | 5,491,465 | -0.19pp | 31q | -14.8%-$340.9M | |
| APPLIED MATLS INC | AMAT | $1.8B | 2,531,747 | +1.90pp | 31q | -15.1%-$325.7M | |
| MICROSOFT CORP | MSFT | $1.7B | 4,685,346 | +0.12pp | 31q | +11.8%+$184.0M | |
| NVIDIA CORPORATION | NVDA | $1.7B | 8,453,777 | -0.30pp | 31q | -10.4%-$197.1M | |
| AMAZON COM INC | AMZN | $1.6B | 6,903,653 | -0.10pp | 15q | -6.3%-$109.9M | |
| ADVANCED MICRO DEVICES INC | AMD | $1.4B | 2,329,523 | +2.00pp | 15q | -13.8%-$217.5M | |
| KLA CORP | KLAC | $1.3B | 4,403,071 | +1.23pp | 26q | +717.9%+$1.2B | |
| APPLE INC | AAPL | $1.2B | 4,318,250 | -0.14pp | 31q | -7.6%-$103.2M | |
| WASTE MGMT INC DEL | WM | $1.1B | 4,792,005 | -0.50pp | 31q | -3.8%-$42.3M | |
| DEERE & CO | DE | $1.0B | 1,640,128 | -0.34pp | 29q | -13.1%-$157.5M | |
| LINDE PLC | LIN | $823.2M | 1,586,298 | -0.27pp | 14q | -6.7%-$58.7M | |
| THERMO FISHER SCIENTIFIC INC | TMO | $822.0M | 1,639,589 | +0.03pp | 18q | +9.0%+$67.7M | |
| WW GRAINGER INC | GWW | $820.0M | 602,775 | +0.11pp | 4q | -7.4%-$65.9M | |
| MASTERCARD INCORPORATED | MA | $811.6M | 1,580,278 | -0.31pp | 31q | -6.8%-$58.9M | |
| BROADCOM INC | AVGO | $799.0M | 2,115,059 | +0.07pp | 10q | -7.3%-$62.9M | |
| BANK OF AMER CORP | BAC | $775.1M | 13,603,761 | -0.04pp | 28q | -8.1%-$68.7M | |
| REALTY INCOME CORP | O | $721.2M | 11,640,278 | -0.61pp | 10q | -17.7%-$155.0M | |
| DOORDASH INC | DASH | $717.2M | 3,886,505 | +1.87pp | 7q | +3884.5%+$699.2M | |
| DANAHER CORP DEL | DHR | $699.9M | 3,674,207 | -0.34pp | 31q | -7.6%-$57.3M | |
| FERGUSON ENTERPRISES INC | FERG | $672.5M | 2,833,425 | +0.01pp | 8q | +8.6%+$53.2M | |
| HOME DEPOT INC | HD | $651.7M | 1,847,853 | -0.15pp | 4q | -5.9%-$40.7M | |
| ELI LILLY & CO | LLY | $630.3M | 525,464 | -0.84pp | 15q | -43.8%-$491.8M | |
| SYNOPSYS INC | SNPS | $628.5M | 1,408,900 | -0.02pp | 8q | -3.5%-$23.0M | |
| STRYKER CORPORATION | SYK | $605.9M | 1,924,514 | -0.34pp | 8q | -5.5%-$35.6M | |
| S&P GLOBAL INC | SPGI | $598.0M | 1,468,231 | -0.46pp | 22q | -10.9%-$73.4M | |
| COSTCO WHOLESALE CORPORATION | COST | $584.7M | 625,050 | -0.41pp | 29q | -7.5%-$47.2M | |
| AUTOZONE INC | AZO | $579.8M | 181,409 | -0.39pp | 14q | -7.3%-$45.5M | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $573.2M | 4,656,371 | -0.79pp | 18q | -7.5%-$46.2M | |
| HUBBELL INC | HUBB | $561.2M | 1,072,570 | +1.21pp | 6q | +433.0%+$455.9M | |
| VULCAN MATLS CO | VMC | $558.5M | 1,893,294 | +0.11pp | 5q | +9.4%+$47.9M | |
| MARRIOTT INTL INC NEW | MAR | $543.6M | 1,466,946 | -0.07pp | 12q | -7.6%-$44.9M | |
| GE VERNOVA INC | GEV | $530.9M | 451,884 | +1.40pp | 6q | +8382.9%+$524.6M | |
| OLD DOMINION FREIGHT LINE IN | ODFL | $462.7M | 2,136,186 | +0.13pp | 31q | +10.8%+$44.9M | |
| SHERWIN WILLIAMS CO | SHW | $404.0M | 1,173,201 | +0.08pp | 18q | +10.3%+$37.8M | |
| PROCTER & GAMBLE CO | PG | $359.0M | 2,448,341 | -0.16pp | 31q | -7.5%-$29.1M | |
| MARSH & MCLENNAN COS INC | MRSH | $341.3M | 2,047,623 | -0.21pp | 17q | -7.4%-$27.1M | |
| ORACLE CORP | ORCL | $304.1M | 2,075,391 | -0.11pp | 16q | -3.3%-$10.5M | |
| BANK OF NY MELLON CORP | BNY | $301.9M | 2,087,849 | flat | 22q | -9.5%-$31.7M | |
| BROOKFIELD RENEWABLE CORP | BEPC | $186.7M | 5,028,808 | -0.09pp | 7q | HELD | |
| JPMORGAN CHASE & CO | JPM | $184.2M | 562,698 | flat | 6q | -2.1%-$3.9M | |
| CBRE GROUP INC | CBRE | $175.8M | 1,304,961 | -0.09pp | 11q | -6.9%-$13.1M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $171.8M | 359,694 | +0.08pp | 15q | -7.0%-$13.0M | |
| CMS ENERGY CORP | CMS | $169.8M | 2,219,735 | +0.01pp | 3q | +13.6%+$20.4M | |
| MICRON TECHNOLOGY INC | MU | $153.2M | 132,681 | +0.17pp | 31q | -45.9%-$130.1M | |
| COCA COLA CO | KO | $149.9M | 1,844,913 | - | new | NEW | |
| CUMMINS INC | CMI | $148.8M | 208,573 | -0.05pp | 31q | -26.5%-$53.6M | |
| VERIZON COMMUNICATIONS INC | VZ | $137.1M | 3,237,229 | -0.10pp | 27q | +1.7%+$2.3M | |
| SYSCO CORP | SYY | $135.0M | 1,614,798 | +0.03pp | 20q | +2.0%+$2.7M | |
| WESTERN DIGITAL CORP | WDC | $126.8M | 198,472 | +0.02pp | 26q | -50.0%-$126.7M | |
| INTEL CORP | INTC | $124.7M | 893,410 | +0.17pp | 13q | -29.7%-$52.8M | |
| UNION PAC CORP | UNP | $122.4M | 449,875 | flat | 19q | -2.0%-$2.5M | |
| ASTRAZENECA PLC | AZN | $119.3M | 629,158 | -0.05pp | 2q | -2.0%-$2.5M | |
| SCHWAB CHARLES CORP | SCHW | $116.1M | 1,258,426 | -0.04pp | 31q | -2.0%-$2.4M | |
| CITIGROUP INC | C | $114.9M | 820,903 | -0.02pp | 15q | -17.0%-$23.5M | |
| VISA INC | V | $107.0M | 311,736 | flat | 15q | -2.1%-$2.3M | |
| PROGRESSIVE CORP | PGR | $104.1M | 476,316 | +0.01pp | 29q | +1.7%+$1.7M | |
| THE CIGNA GROUP | CI | $99.3M | 360,366 | flat | 12q | +4.1%+$4.0M | |
| US FOODS HLDG CORP | USFD | $97.4M | 952,964 | +0.04pp | 6q | +17.6%+$14.6M | |
| WILLIS TOWERS WATSON PLC LTD | WTW | $92.8M | 355,179 | -0.06pp | 5q | -2.8%-$2.6M | |
| EDWARDS LIFESCIENCES CORP | EW | $91.9M | 1,015,630 | +0.01pp | 4q | +2.1%+$1.9M | |
| FEDEX CORP | FDX | $89.7M | 286,515 | -0.07pp | 31q | -2.2%-$2.0M | |
| NXP SEMICONDUCTORS N V | NXPI | $89.4M | 318,004 | +0.05pp | 4q | -3.1%-$2.9M | |
| WILLIAMS COS INC | WMB | $87.1M | 1,172,235 | - | new | NEW | |
| XYLEM INC | XYL | $81.6M | 690,226 | +0.03pp | 16q | +29.0%+$18.3M | |
| UNITEDHEALTH GROUP INC | UNH | $81.5M | 196,098 | +0.06pp | 15q | -2.0%-$1.7M | |
| AGILENT TECHNOLOGIES INC | A | $80.6M | 607,098 | +0.02pp | 28q | +3.5%+$2.7M | |
| LAM RESEARCH CORP | LRCX | $80.4M | 185,517 | +0.05pp | 7q | -29.2%-$33.2M | |
| WALMART INC | WMT | $79.8M | 704,428 | -0.05pp | 5q | -2.2%-$1.8M | |
| STANDARDAERO INC | SARO | $79.0M | 2,641,574 | +0.01pp | 5q | +0.5%+$429.3K | |
| CME GROUP INC | CME | $76.3M | 345,432 | -0.10pp | 29q | -2.2%-$1.7M | |
| HILTON WORLDWIDE HLDGS INC | HLT | $75.0M | 227,091 | -0.04pp | 24q | -17.1%-$15.5M | |
| REPUBLIC SVCS INC | RSG | $74.4M | 349,154 | +0.01pp | 29q | +17.2%+$10.9M | |
| GUIDEWIRE SOFTWARE INC | GWRE | $73.2M | 594,883 | +0.13pp | 28q | +303.7%+$55.1M | |
| DICKS SPORTING GOODS INC | DKS | $71.7M | 316,149 | +0.02pp | 2q | +10.1%+$6.6M | |
| CBOE GLOBAL MKTS INC | CBOE | $70.8M | 291,825 | -0.06pp | 23q | -3.1%-$2.2M | |
| TRUIST FINL CORP | TFC | $60.5M | 1,214,009 | -0.01pp | 11q | -2.7%-$1.7M | |
| CNH INDL N V | CNH | $59.6M | 5,309,551 | +0.07pp | 5q | +85.3%+$27.5M | |
| REGENERON PHARMACEUTICALS | REGN | $59.5M | 95,378 | -0.06pp | 5q | -2.2%-$1.3M | |
| ABBOTT LABORATORIES | ABT | $59.0M | 650,628 | -0.03pp | 4q | +1.8%+$1.0M | |
| ALLSTATE CORP | ALL | $55.4M | 232,727 | flat | 10q | -3.1%-$1.8M | |
| BERKLEY W R CORP | WRB | $55.0M | 779,771 | -0.01pp | 10q | -3.3%-$1.9M | |
| D R HORTON INC | DHI | $53.7M | 329,388 | +0.01pp | 18q | -3.4%-$1.9M | |
| MEDLINE INC | MDLN | $53.6M | 1,357,889 | +0.01pp | 2q | +37.4%+$14.6M | |
| OREILLY AUTOMOTIVE INC | ORLY | $53.0M | 575,543 | -0.02pp | 26q | -2.8%-$1.5M | |
| NICE LTD | NICE | $51.5M | 567,137 | -0.04pp | 10q | +4.2%+$2.1M | |
| SNOWFLAKE INC | SNOW | $50.7M | 199,036 | - | new | NEW | |
| INGERSOLL RAND INC | IR | $50.2M | 611,858 | -0.01pp | 3q | -3.1%-$1.6M | |
| BOSTON SCIENTIFIC CORP | BSX | $50.1M | 1,174,799 | -1.34pp | 15q | -85.3%-$291.5M | |
| ROYAL CARIBBEAN GROUP | RCL | $49.0M | 154,455 | -0.07pp | 5q | -39.3%-$31.7M | |
| ROBINHOOD MKTS INC | HOOD | $45.5M | 454,095 | +0.09pp | 6q | +159.0%+$28.0M | |
| CHIPOTLE MEXICAN GRILL INC | CMG | $43.7M | 1,286,063 | -0.05pp | 8q | -29.7%-$18.5M | |
| PENTAIR PLC | PNR | $40.6M | 529,474 | -0.03pp | 19q | -3.3%-$1.4M | |
| AUTODESK INC | ADSK | $40.0M | 205,626 | -0.04pp | 31q | -2.4%-$979.1K | |
| TERADYNE INC | TER | $37.9M | 78,406 | +0.03pp | 19q | -3.7%-$1.5M | |
| DATADOG INC | DDOG | $33.9M | 130,227 | +0.04pp | 11q | -2.5%-$859.4K | |
| ROCKWELL AUTOMATION INC | ROK | $30.2M | 60,945 | +0.01pp | 7q | -3.3%-$1.0M | |
| INSULET CORP | PODD | $27.1M | 177,819 | -0.03pp | 4q | +5.2%+$1.3M | |
| RENTOKIL INITIAL PLC | RTO | $25.8M | 901,334 | +0.07pp | 2q | +8426.5%+$25.5M | |
| QUANTA SVCS INC | PWR | $25.3M | 35,103 | -0.01pp | 3q | -23.5%-$7.8M | |
| MONOLITHIC PWR SYS INC | MPWR | $24.3M | 17,566 | +0.01pp | 25q | -3.3%-$837.7K | |
| FEDEX FGHT HLDG CO INC | $23.5M | 155,321 | - | new | NEW | ||
| VIKING HOLDINGS LTD | VIK | $22.9M | 218,984 | +0.06pp | 2q | +982.5%+$20.8M | |
| CLOUDFLARE INC | NET | $22.1M | 90,222 | -0.02pp | 14q | -28.9%-$9.0M | |
| WASTE CONNECTIONS INC | WCN | $22.0M | 131,896 | flat | 5q | +4.9%+$1.0M | |
| COMFORT SYS USA INC | FIX | $22.0M | 11,091 | - | new | NEW | |
| NATERA INC | NTRA | $21.1M | 77,576 | +0.01pp | 10q | +3.8%+$770.6K | |
| SANDISK CORP | SNDK | $19.6M | 8,611 | -0.10pp | 6q | -89.3%-$163.0M | |
| TRANE TECHNOLOGIES PLC | TT | $18.8M | 38,220 | flat | 12q | -2.9%-$564.8K | |
| REVOLUTION MEDICINES INC | RVMD | $18.7M | 99,988 | - | new | NEW | |
| LUMENTUM HLDGS INC | LITE | $18.4M | 21,431 | - | new | NEW | |
| ASTERA LABS INC | ALAB | $18.2M | 37,690 | - | new | NEW | |
| CADENCE DESIGN SYSTEM INC | CDNS | $17.5M | 46,539 | +0.01pp | 31q | -2.8%-$495.4K | |
| MERCADOLIBRE INC | MELI | $16.6M | 9,789 | -0.01pp | 19q | -2.6%-$439.6K | |
| SOMNIGROUP INTERNATIONAL INC | SGI | $16.2M | 206,742 | flat | 2q | +8.8%+$1.3M | |
| IDEXX LABS INC | IDXX | $15.5M | 29,386 | -0.01pp | 26q | -10.2%-$1.7M | |
| ROCKET LAB CORP | RKLB | $13.9M | 136,873 | +0.02pp | 2q | +29.0%+$3.1M | |
| ROIVANT SCIENCES LTD | ROIV | $13.0M | 367,212 | - | new | NEW | |
| BUILDERS FIRSTSOURCE INC | BLDR | $13.0M | 144,903 | flat | 2q | -3.0%-$394.9K | |
| TWIST BIOSCIENCE CORP | TWST | $12.3M | 120,001 | - | new | NEW | |
| MSCI INC | MSCI | $11.7M | 20,884 | -0.01pp | 9q | -12.6%-$1.7M | |
| PTC INC | PTC | $10.6M | 93,058 | -0.02pp | 10q | -13.9%-$1.7M | |
| REDDIT INC | RDDT | $7.7M | 44,308 | +0.01pp | 2q | +22.6%+$1.4M | |
| META PLATFORMS INC | META | $5.5M | 9,681 | +0.01pp | 2q | +149.1%+$3.3M | |
| ASML HLDG NV | ASML | $2.3M | 1,169 | flat | 6q | -56.5%-$3.0M | |
| INTUITIVE SURGICAL INC | ISRG | $1.9M | 4,701 | flat | 10q | +4.1%+$72.8K | |
| APPFOLIO INC | APPF | $1.8M | 11,526 | flat | 6q | +7.7%+$131.8K | |
| NETFLIX INC | NFLX | $1.7M | 24,236 | flat | 11q | -15.4%-$316.0K | |
| SHOPIFY INC | SHOP | $1.4M | 12,157 | flat | 2q | +4.1%+$54.1K | |
| ARES MANAGEMENT CORPORATION | ARES | $829.3K | 7,450 | flat | 15q | HELD | |
| COCA-COLA EUROPACIFIC PARTNE | CCEP | $346.8K | 3,466 | flat | 4q | +0.8%+$2.7K | |
| CRH PLC | CRH | $341.8K | 3,194 | flat | 5q | +0.8%+$2.7K | |
| CHUBB LIMITED | CB | $334.9K | 983 | flat | 2q | +0.7%+$2.4K | |
| NOVARTIS AG | NVS | $315.9K | 2,016 | flat | 2q | +0.9%+$2.7K | |
| ING GROEP N.V. | ING | $312.1K | 9,945 | - | new | NEW | |
| RELX PLC | RELX | $215.1K | 6,791 | flat | 5q | -22.2%-$61.5K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $7.4B | 19.7% |
| Software & IT Services | $5.0B | 13.2% |
| Retail & Consumer | $4.1B | 11.0% |
| Instruments & Controls | $2.9B | 7.8% |
| Business Services | $2.9B | 7.8% |
| Wholesale & Distribution | $1.7B | 4.6% |
| Utilities | $1.5B | 4.1% |
| Industrials | $1.5B | 4.0% |
| Banks & Lending | $1.4B | 3.8% |
| Computer Hardware | $1.4B | 3.7% |
| Chemicals | $1.2B | 3.2% |
| Biotech & Pharma | $1.0B | 2.7% |
| Other sectors | $5.4B | 14.3% |
| Not classified | $23.5M | 0.1% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +16.7% | +14.8% | +1.9% | 100% |
| Q1 2026 | -5.7% | -4.6% | -1.1% | 100% |
| Q4 2025 | +2.3% | +2.4% | -0.1% | 100% |
| Q3 2025 | +3.8% | +7.8% | -4.1% | 100% |
| Q2 2025 | +9.8% | +10.5% | -0.7% | 100% |
| Q1 2025 | -2.7% | -4.6% | +1.8% | 100% |
| Q4 2024 | -0.3% | +2.1% | -2.5% | 100% |
| Q3 2024 | +6.2% | +5.4% | +0.8% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $37.4B | 135 | 11 | 44 | 78 | 11 | 39.8% | 29 |
| Q1 2026 | $34.1B | 135 | 13 | 60 | 53 | 16 | 37.3% | 42 |
| Q4 2025 | $38.6B | 138 | 3 | 54 | 81 | 12 | 38.6% | 43 |
| Q3 2025 | $43.3B | 147 | 7 | 40 | 91 | 8 | 38.0% | 24 |
| Q2 2025 | $43.4B | 148 | 22 | 30 | 92 | 9 | 38.6% | 37 |
| Q1 2025 | $41.6B | 135 | 17 | 25 | 76 | 8 | 35.8% | 45 |
| Q4 2024 | $45.0B | 126 | 8 | 31 | 73 | 8 | 37.3% | 41 |
| Q3 2024 | $47.1B | 126 | 4 | 42 | 60 | 7 | 37.6% | 39 |
| Q2 2024 | $45.9B | 129 | 3 | 33 | 70 | 10 | 37.8% | 37 |
| Q1 2024 | $46.8B | 136 | 13 | 29 | 67 | 7 | 36.3% | 39 |
| Q4 2023 | $45.0B | 130 | 6 | 46 | 37 | 15 | 34.8% | 43 |
| Q3 2023 | $40.9B | 139 | 14 | 30 | 63 | 9 | 33.0% | 39 |
| Q2 2023 | $43.1B | 134 | 9 | 45 | 39 | 12 | 33.2% | 31 |
| Q1 2023 | $40.3B | 137 | 9 | 44 | 53 | 9 | 31.9% | 31 |
| Q4 2022 | $40.3B | 137 | 21 | 29 | 48 | 12 | 30.8% | 30 |
| Q3 2022 | $38.4B | 128 | 5 | 49 | 30 | 7 | 32.8% | 45 |
| Q2 2022 | $41.9B | 130 | 6 | 46 | 39 | 7 | 32.8% | 36 |
| Q1 2022 | $49.4B | 131 | 15 | 46 | 35 | 15 | 32.8% | 41 |
| Q4 2021 | $52.1B | 131 | 9 | 31 | 44 | 9 | 31.1% | 42 |
| Q3 2021 | $47.4B | 131 | 9 | 49 | 18 | 5 | 30.6% | 47 |
| Q2 2021 | $45.9B | 127 | 6 | 69 | 19 | 7 | 29.7% | 36 |
| Q1 2021 | $41.2B | 128 | 19 | 42 | 31 | 5 | 29.4% | 36 |
| Q4 2020 | $36.9B | 114 | 10 | 32 | 25 | 6 | 31.1% | 41 |
| Q3 2020 | $32.2B | 110 | 3 | 46 | 45 | 4 | 32.0% | 44 |
| Q2 2020 | $28.9B | 111 | 25 | 41 | 30 | 13 | 31.8% | 43 |
| Q1 2020 | $24.0B | 99 | 15 | 38 | 38 | 12 | 30.8% | 31 |
| Q4 2019 | $29.7B | 96 | 6 | 54 | 25 | 3 | 28.1% | 44 |
| Q3 2019 | $27.6B | 93 | 9 | 40 | 26 | 7 | 28.8% | 30 |
| Q2 2019 | $26.4B | 91 | 14 | 26 | 37 | 10 | 30.4% | 39 |
| Q1 2019 | $25.4B | 87 | 2 | 25 | 25 | 2 | 31.2% | 31 |
| Q4 2018 | $23.0B | 87 | 0 | 0 | 0 | 0 | 31.8% | 36 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.