PARNASSUS INVESTMENTS, LLC
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $2.1B | 4,191,760 | +1.69pp | 32q | -10.5%-$253.2M | |
| AMAZON COM INC | AMZN | $1.9B | 7,477,264 | +1.12pp | 16q | +8.3%+$142.9M | |
| NVIDIA CORPORATION | NVDA | $1.8B | 7,663,011 | +0.66pp | 32q | -9.4%-$180.6M | |
| ALPHABET INC | GOOGL | $1.5B | 4,463,569 | -0.70pp | 32q | -18.7%-$353.7M | |
| APPLE INC | AAPL | $1.1B | 3,422,925 | +0.04pp | 32q | -20.7%-$298.2M | |
| DEERE CO | DE | $991.4M | 1,476,262 | +0.16pp | 30q | -10.0%-$110.0M | |
| THERMO FISHER SCIENTIFIC INC | TMO | $987.8M | 1,463,282 | +0.73pp | 19q | -10.8%-$119.0M | |
| WASTE MGMT INC DEL | WM | $889.6M | 4,362,257 | -0.22pp | 32q | -9.0%-$87.6M | |
| ADVANCED MICRO DEVICES INC | AMD | $885.2M | 1,446,966 | -0.99pp | 16q | -37.9%-$539.9M | |
| MASTERCARD INCORPORATED | MA | $875.8M | 1,588,124 | +0.42pp | 32q | HELD | |
| BROADCOM INC | AVGO | $848.2M | 2,415,076 | +0.38pp | 11q | +14.2%+$105.4M | |
| APPLIED MATLS INC | AMAT | $827.8M | 1,618,826 | -2.44pp | 32q | -36.1%-$466.8M | |
| DANAHER CORP DEL | DHR | $752.9M | 3,398,552 | +0.36pp | 32q | -7.5%-$61.1M | |
| LINDE PLC | LIN | $692.8M | 1,459,707 | -0.15pp | 15q | -8.0%-$60.1M | |
| DOORDASH INC | DASH | $690.0M | 3,759,024 | +0.13pp | 8q | -3.3%-$23.4M | |
| KLA CORP | KLAC | $686.6M | 3,522,142 | -1.52pp | 27q | -20.0%-$171.7M | |
| META PLATFORMS INC | META | $678.9M | 936,246 | +1.99pp | 3q | +9571.0%+$671.9M | |
| WW GRAINGER INC | GWW | $674.0M | 541,045 | -0.20pp | 5q | -10.2%-$76.9M | |
| BANK OF AMER CORP | BAC | $669.6M | 12,302,804 | -0.09pp | 29q | -9.6%-$70.8M | |
| S&P GLOBAL INC | SPGI | $635.3M | 1,610,451 | +0.28pp | 23q | +9.7%+$56.1M | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $634.9M | 4,176,272 | +0.35pp | 19q | -10.3%-$73.0M | |
| FERGUSON ENTERPRISES INC | FERG | $564.6M | 2,536,045 | -0.13pp | 9q | -10.5%-$66.2M | |
| STRYKER CORPORATION | SYK | $563.0M | 2,044,522 | +0.05pp | 9q | +6.2%+$33.0M | |
| SYNOPSYS INC | SNPS | $552.3M | 1,269,779 | -0.04pp | 9q | -9.9%-$60.5M | |
| ELI LILLY & CO | LLY | $545.4M | 471,353 | -0.07pp | 16q | -10.3%-$62.6M | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $541.5M | 1,187,107 | +1.14pp | 16q | +230.0%+$377.5M | |
| VULCAN MATLS CO | VMC | $527.3M | 2,155,453 | +0.07pp | 6q | +13.8%+$64.1M | |
| COSTCO WHOLESALE CORPORATION | COST | $509.5M | 559,687 | -0.05pp | 30q | -10.5%-$59.5M | |
| HUBBELL INC | HUBB | $476.1M | 1,049,681 | -0.09pp | 7q | -2.1%-$10.4M | |
| MARRIOTT INTL INC NEW | MAR | $459.5M | 1,291,990 | -0.09pp | 13q | -11.9%-$62.2M | |
| ASTRAZENECA PLC | AZN | $446.4M | 2,764,848 | +1.00pp | 3q | +339.5%+$344.8M | |
| GE VERNOVA INC | GEV | $406.3M | 427,490 | -0.22pp | 7q | -5.4%-$23.2M | |
| TJX COS INC NEW | TJX | $402.6M | 3,042,661 | - | new | NEW | |
| AUTOZONE INC | AZO | $379.1M | 133,956 | -0.43pp | 15q | -26.2%-$134.3M | |
| SHERWIN WILLIAMS CO | SHW | $351.2M | 1,086,346 | -0.04pp | 19q | -7.4%-$28.1M | |
| OLD DOMINION FREIGHT LINE IN | ODFL | $349.2M | 2,008,615 | -0.20pp | 32q | -6.0%-$22.2M | |
| HOME DEPOT INC | HD | $333.2M | 1,171,365 | -0.75pp | 5q | -36.6%-$192.5M | |
| CINTAS CORP | CTAS | $326.2M | 1,672,553 | - | new | NEW | |
| BANK OF NY MELLON CORP | BNY | $232.4M | 1,607,124 | -0.12pp | 23q | -23.0%-$69.5M | |
| JPMORGAN CHASE & CO | JPM | $178.7M | 540,099 | +0.04pp | 7q | -4.0%-$7.5M | |
| VERIZON COMMUNICATIONS INC | VZ | $162.0M | 3,531,015 | +0.11pp | 28q | +9.1%+$13.5M | |
| COCA COLA CO | KO | $158.6M | 1,842,302 | +0.07pp | 2q | HELD | |
| CBRE GROUP INC | CBRE | $148.0M | 1,152,161 | -0.03pp | 12q | -11.7%-$19.6M | |
| WILLIAMS COS INC | WMB | $147.4M | 2,168,683 | +0.20pp | 2q | +85.0%+$67.7M | |
| CMS ENERGY CORP | CMS | $144.9M | 2,297,350 | -0.02pp | 4q | +3.5%+$4.9M | |
| BROOKFIELD RENEWABLE CORP | BEPC | $142.8M | 5,059,297 | -0.08pp | 8q | +0.6%+$860.4K | |
| MICRON TECHNOLOGY INC | MU | $130.7M | 122,681 | -0.02pp | 32q | -7.5%-$10.7M | |
| SYSCO CORP | SYY | $124.7M | 1,599,994 | +0.01pp | 21q | -0.9%-$1.2M | |
| CHARLES SCHWAB CORP (THE) | SCHW | $122.0M | 1,247,826 | +0.05pp | 32q | -0.8%-$1.0M | |
| UNION PAC CORP | UNP | $121.8M | 447,739 | +0.03pp | 20q | HELD | |
| CITIGROUP INC | C | $106.3M | 820,966 | +0.01pp | 16q | HELD | |
| THE CIGNA GROUP | CI | $102.1M | 375,448 | +0.04pp | 13q | +4.2%+$4.1M | |
| AGILENT TECHNOLOGIES INC | A | $99.3M | 576,298 | +0.08pp | 29q | -5.1%-$5.3M | |
| PROGRESSIVE CORP | PGR | $98.9M | 477,065 | +0.01pp | 30q | HELD | |
| CUMMINS INC | CMI | $98.6M | 190,833 | -0.11pp | 32q | -8.5%-$9.2M | |
| INTEL CORP | INTC | $98.2M | 816,653 | -0.04pp | 14q | -8.6%-$9.2M | |
| WESTERN DIGITAL CORP | WDC | $98.1M | 215,851 | -0.05pp | 27q | +8.8%+$7.9M | |
| CME GROUP INC | CME | $89.0M | 339,563 | +0.06pp | 30q | -1.7%-$1.5M | |
| US FOODS HLDG CORP | USFD | $83.3M | 902,900 | -0.01pp | 7q | -5.3%-$4.6M | |
| EDWARDS LIFESCIENCES CORP | EW | $83.2M | 963,362 | flat | 5q | -5.1%-$4.5M | |
| FEDEX CORP | FDX | $82.1M | 287,975 | flat | 32q | +0.5%+$416.2K | |
| GUIDEWIRE SOFTWARE INC | GWRE | $80.5M | 564,574 | +0.04pp | 29q | -5.1%-$4.3M | |
| ABBOTT LABORATORIES | ABT | $77.9M | 788,081 | +0.07pp | 5q | +21.1%+$13.6M | |
| CBOE GLOBAL MKTS INC | CBOE | $75.2M | 273,212 | +0.03pp | 24q | -6.4%-$5.1M | |
| REPUBLIC SVCS INC | RSG | $74.5M | 354,977 | +0.02pp | 30q | +1.7%+$1.2M | |
| VISA INC | V | $72.6M | 202,081 | -0.07pp | 16q | -35.2%-$39.4M | |
| WALMART INC | WMT | $72.3M | 695,966 | flat | 6q | -1.2%-$879.4K | |
| UNITEDHEALTH GROUP INC | UNH | $71.4M | 194,509 | -0.01pp | 16q | -0.8%-$583.3K | |
| NXP SEMICONDUCTORS N V | NXPI | $71.3M | 300,015 | -0.03pp | 5q | -5.7%-$4.3M | |
| HILTON WORLDWIDE HLDGS INC | HLT | $68.7M | 216,043 | flat | 25q | -4.9%-$3.5M | |
| BOSTON SCIENTIFIC CORP | BSX | $66.3M | 1,519,438 | +0.06pp | 16q | +29.3%+$15.0M | |
| XYLEM INC | XYL | $65.7M | 648,551 | -0.02pp | 17q | -6.0%-$4.2M | |
| SNOWFLAKE INC | SNOW | $65.1M | 191,787 | +0.06pp | 2q | -3.6%-$2.5M | |
| BERKLEY W R CORP | WRB | $65.0M | 961,856 | +0.05pp | 11q | +23.4%+$12.3M | |
| CNH INDL N V | CNH | $63.6M | 4,951,699 | +0.03pp | 6q | -6.7%-$4.6M | |
| NICE LTD | NICE | $62.7M | 563,620 | +0.05pp | 11q | -0.6%-$391.3K | |
| INGERSOLL RAND INC | IR | $61.9M | 823,873 | +0.05pp | 4q | +34.7%+$15.9M | |
| ORACLE CORP | ORCL | $60.3M | 439,170 | -0.63pp | 17q | -78.8%-$224.7M | |
| LIBERTY MEDIA CORP DEL | FWONK | $58.3M | 631,445 | - | new | NEW | |
| LAM RESEARCH CORP | LRCX | $56.9M | 173,348 | -0.05pp | 8q | -6.6%-$4.0M | |
| WILLIS TOWERS WATSON PLC LTD | WTW | $56.1M | 194,748 | -0.08pp | 6q | -45.2%-$46.2M | |
| STANDARDAERO INC | SARO | $53.8M | 2,521,657 | -0.05pp | 6q | -4.5%-$2.6M | |
| TRUIST FINL CORP | TFC | $52.7M | 1,137,294 | -0.01pp | 12q | -6.3%-$3.6M | |
| O'REILLY AUTOMOTIVE INC | ORLY | $49.1M | 575,386 | flat | 27q | HELD | |
| ALLSTATE CORP | ALL | $48.4M | 218,020 | flat | 11q | -6.3%-$3.3M | |
| MEDLINE INC | MDLN | $45.0M | 1,296,150 | -0.01pp | 3q | -4.5%-$2.1M | |
| ROBINHOOD MKTS INC | HOOD | $42.3M | 376,071 | flat | 7q | -17.2%-$8.8M | |
| D R HORTON INC | DHI | $42.2M | 308,573 | -0.02pp | 19q | -6.3%-$2.8M | |
| REALTY INCOME CORP | O | $40.6M | 748,491 | -1.81pp | 11q | -93.6%-$591.4M | |
| DICKS SPORTING GOODS INC | DKS | $40.3M | 300,300 | -0.07pp | 3q | -5.0%-$2.1M | |
| AUTODESK INC | ADSK | $40.3M | 192,694 | +0.01pp | 32q | -6.3%-$2.7M | |
| ROYAL CARIBBEAN GROUP | RCL | $38.5M | 144,694 | -0.02pp | 6q | -6.3%-$2.6M | |
| NATERA INC | NTRA | $31.5M | 76,158 | +0.04pp | 11q | -1.8%-$586.1K | |
| TERADYNE INC | TER | $31.3M | 78,023 | -0.01pp | 20q | HELD | |
| CLOUDFLARE INC | NET | $30.8M | 88,802 | +0.03pp | 15q | -1.6%-$493.1K | |
| DATADOG INC | DDOG | $30.6M | 111,670 | flat | 12q | -14.2%-$5.1M | |
| ROCKWELL AUTOMATION INC | ROK | $26.4M | 60,648 | flat | 8q | HELD | |
| MONOLITHIC PWR SYS INC | MPWR | $23.6M | 17,481 | flat | 26q | HELD | |
| TWIST BIOSCIENCE CORP | TWST | $22.6M | 116,782 | +0.03pp | 2q | -2.7%-$622.0K | |
| INSULET CORP | PODD | $22.3M | 170,820 | -0.01pp | 5q | -3.9%-$913.2K | |
| QUANTA SVCS INC | PWR | $22.1M | 34,465 | flat | 4q | -1.8%-$409.9K | |
| LUMENTUM HLDGS INC | LITE | $21.0M | 21,583 | +0.01pp | 2q | +0.7%+$147.6K | |
| REVOLUTION MEDICINES INC | RVMD | $20.6M | 100,472 | +0.01pp | 2q | HELD | |
| WASTE CONNECTIONS INC | WCN | $19.9M | 129,468 | flat | 6q | -1.8%-$373.7K | |
| COMFORT SYS USA INC | FIX | $18.5M | 11,166 | flat | 2q | +0.7%+$124.1K | |
| VIKING HOLDINGS LTD | VIK | $17.2M | 220,217 | -0.01pp | 3q | +0.6%+$96.6K | |
| TRANE TECHNOLOGIES PLC | TT | $16.9M | 37,356 | flat | 13q | -2.3%-$390.5K | |
| IDEXX LABS INC | IDXX | $16.5M | 31,685 | +0.01pp | 27q | +7.8%+$1.2M | |
| nan | MELI | $16.5M | 9,559 | flat | 20q | -2.3%-$397.6K | |
| PTC INC | PTC | $16.2M | 115,233 | +0.02pp | 11q | +23.8%+$3.1M | |
| CADENCE DESIGN SYSTEM INC | CDNS | $15.0M | 45,488 | flat | 32q | -2.3%-$347.0K | |
| SANDISK CORP | SNDK | $14.9M | 8,571 | -0.01pp | 7q | HELD | |
| ASTERA LABS INC | ALAB | $13.4M | 37,675 | -0.01pp | 2q | HELD | |
| ROIVANT SCIENCES LTD | ROIV | $13.2M | 361,537 | flat | 2q | -1.5%-$207.5K | |
| ARES MANAGEMENT CORPORATION | ARES | $11.8M | 101,268 | +0.03pp | 16q | +1259.3%+$10.9M | |
| MSCI INC | MSCI | $11.2M | 20,876 | flat | 10q | HELD | |
| ROCKET LAB CORP | RKLB | $9.5M | 136,818 | -0.01pp | 3q | HELD | |
| REDDIT INC | RDDT | $6.3M | 44,092 | flat | 3q | HELD | |
| APPFOLIO INC | APPF | $2.4M | 12,034 | flat | 7q | +4.4%+$101.9K | |
| ASML HLDG NV | ASML | $2.1M | 1,175 | flat | 7q | +0.5%+$10.9K | |
| INTUITIVE SURGICAL INC | ISRG | $2.0M | 5,016 | flat | 11q | +6.7%+$128.1K | |
| SHOPIFY INC | SHOP | $1.9M | 13,013 | flat | 3q | +7.0%+$126.9K | |
| NETFLIX INC. | NFLX | $1.8M | 25,841 | flat | 12q | +6.6%+$111.7K |
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 | $6.1B | 18.0% |
| Software & IT Services | $5.3B | 15.8% |
| Retail & Consumer | $4.3B | 12.8% |
| Business Services | $2.8B | 8.4% |
| Instruments & Controls | $2.5B | 7.4% |
| Wholesale & Distribution | $1.4B | 4.3% |
| Industrials | $1.3B | 4.0% |
| Utilities | $1.3B | 3.8% |
| Computer Hardware | $1.3B | 3.7% |
| Biotech & Pharma | $1.2B | 3.7% |
| Banks & Lending | $1.2B | 3.7% |
| Capital Markets | $975.1M | 2.9% |
| Other sectors | $3.9B | 11.7% |
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 |
|---|---|---|---|---|
| Q3 2026 | -1.9% | +2.1% | -4.0% | 100% |
| Q2 2026 | +16.7% | +14.8% | +1.9% | 100% |
| Q1 2026 | -5.4% | -4.6% | -0.8% | 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% |
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 |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $33.8B | 123 | 3 | 31 | 74 | 15 | 38.7% | 22 |
| Q2 2026 | $37.4B | 135 | 11 | 43 | 79 | 11 | 39.8% | 29 |
| Q1 2026 | $34.1B | 135 | 13 | 60 | 53 | 16 | 37.3% | 42 |
| Q4 2025 | $38.6B | 138 | 3 | 53 | 82 | 12 | 38.6% | 43 |
| Q3 2025 | $43.3B | 147 | 7 | 40 | 91 | 8 | 38.0% | 24 |
| Q2 2025 | $43.4B | 148 | 22 | 29 | 93 | 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 | 40 | 62 | 7 | 37.6% | 39 |
| Q2 2024 | $45.9B | 129 | 3 | 32 | 71 | 10 | 37.8% | 37 |
| Q1 2024 | $46.8B | 136 | 13 | 28 | 68 | 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 | 67 | 19 | 7 | 29.7% | 36 |
| Q1 2021 | $41.2B | 128 | 19 | 42 | 31 | 5 | 29.4% | 36 |
| Q4 2020 | $36.9B | 114 | 10 | 31 | 26 | 6 | 31.1% | 41 |
| Q3 2020 | $32.2B | 110 | 3 | 45 | 46 | 4 | 32.0% | 44 |
| Q2 2020 | $28.9B | 111 | 25 | 41 | 30 | 13 | 31.8% | 43 |
| Q1 2020 | $24.0B | 99 | 15 | 37 | 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.