PARNASSUS INVESTMENTS, LLC
CIK
948669
Location
San Francisco, CA
Portfolio Value
Large
$34,147,054,542
Diversification
Diversified
Filing Date
Global Rank
#116
/ 8,232
—
Top Industry
Semiconductors
9.5%
3Y Alpha vs SPY
-7.1%
Period ended 2 months ago
Filed May 12, 2026 · 33d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+47.1%
SPY
+76.3%
Annualised alpha
-7.1%
Max drawdown
−17.2%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
135 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
5.4%
−0.2 pts
Top 5
22.8%
−1.5 pts
Top 10
37.3%
−1.5 pts
HHI
241
Diversified−10
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 28.2% | $9,635,702,211 |
| Industrials | 15.1% | $5,141,468,816 |
| Financial Services | 14.2% | $4,857,283,485 |
| Healthcare | 12.6% | $4,317,113,208 |
| Consumer Cyclical | 11.1% | $3,777,505,053 |
| Communication Services | 5.9% | $2,023,032,266 |
| Basic Materials | 4.8% | $1,655,036,876 |
| Consumer Defensive | 3.9% | $1,332,876,405 |
| Real Estate | 3.1% | $1,055,127,960 |
| Utilities | 1.0% | $351,908,262 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CNH | CNH Industrial N.V. | +2,843,638 | 2,865,167 | $31,516,837 | |
| ODFL | Old Dominion Freight Line, Inc. | +1,545,323 | 1,928,810 | $376,889,474 | |
| VMC | Vulcan Materials CO | +1,528,272 | 1,730,891 | $471,321,619 | |
| CMS | Cms Energy Corp | +480,554 | 1,953,213 | $151,530,264 | |
| EW | Edwards Lifesciences Corp | +408,412 | 995,172 | $79,693,373 | |
| AMD | Advanced Micro Devices Inc | +240,721 | 2,703,880 | $550,050,308 | |
| BILL | BILL Holdings, Inc. | +198,459 | 1,662,250 | $63,664,175 | |
| RCL | Royal Caribbean Cruises Ltd | +173,454 | 254,264 | $69,968,367 | |
| SARO | StandardAero, Inc. | +115,051 | 2,627,220 | $67,861,092 | |
| VZ | Verizon Communications Inc | +108,369 | 3,182,129 | $159,742,875 | |
| BSX | Boston Scientific Corp | +104,580 | 8,003,820 | $502,239,705 | |
| NXPI | NXP Semiconductors N.V. | +96,720 | 328,319 | $64,632,878 | |
| PNR | PENTAIR plc | +91,199 | 547,303 | $47,675,564 | |
| XYL | Xylem Inc. | +90,020 | 535,124 | $63,947,318 | |
| SYK | Stryker Corp | +89,996 | 2,037,571 | $669,525,454 | |
| JPM | Jpmorgan Chase & Co | +73,821 | 574,730 | $169,062,576 | |
| DASH | DoorDash, Inc. | +52,593 | 97,541 | $14,645,781 | |
| PCOR | Procore Technologies, Inc. | +50,334 | 282,928 | $16,126,896 | |
| ORCL | Oracle Corp | +48,859 | 2,146,719 | $315,803,832 | |
| GWRE | Guidewire Software, Inc. | +47,841 | 147,343 | $22,036,619 | |
| WCN | Waste Connections, Inc. | +44,395 | 125,793 | $20,433,814 | |
| FERG | Ferguson Enterprises Inc. /DE/ | +43,705 | 2,609,159 | $608,612,428 | |
| PG | PROCTER & GAMBLE Co | +42,902 | 2,646,954 | $382,326,035 | |
| V | Visa Inc. | +39,717 | 318,546 | $96,277,343 | |
| ALL | Allstate Corp | +38,654 | 240,114 | $49,785,236 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BRO | Brown & Brown, Inc. | −6,140,616 | 64,113 | $4,180,808 | |
| BAC | Bank Of America Corp /De/ | −1,668,940 | 14,808,834 | $721,930,657 | |
| O | Realty Income Corp | −963,959 | 14,142,311 | $865,226,586 | |
| DE | Deere & Co | −753,569 | 1,888,448 | $1,063,762,758 | |
| DHR | Danaher Corp /De/ | −689,731 | 3,974,829 | $753,627,578 | |
| CRM | Salesforce, Inc. | −621,445 | 1,949,698 | $363,950,125 | |
| AMZN | Amazon Com Inc | −522,636 | 7,364,592 | $1,533,823,575 | |
| GOOGL | Alphabet Inc. | −456,089 | 6,445,416 | $1,853,443,824 | |
| ICE | Intercontinental Exchange, Inc. | −404,389 | 5,031,876 | $791,413,457 | |
| ARES | Ares Management Corp | −395,133 | 7,428 | $810,394 | |
| LRCX | Lam Research Corp | −383,763 | 262,163 | $56,013,746 | |
| AAPL | Apple Inc. | −374,417 | 4,674,755 | $1,186,406,071 | |
| MSFT | Microsoft Corp | −313,331 | 4,192,164 | $1,551,813,347 | |
| WM | Waste Management Inc | −295,707 | 4,981,578 | $1,144,716,808 | |
| CBRE | Cbre Group, Inc. | −292,134 | 1,401,900 | $189,901,374 | |
| AMAT | Applied Materials Inc /De | −244,915 | 2,982,230 | $1,019,296,391 | |
| AVGO | Broadcom Inc. | −179,847 | 2,281,563 | $706,166,564 | |
| NVDA | Nvidia Corp | −162,291 | 9,438,607 | $1,646,093,060 | |
| WDC | Western Digital Corp | −126,695 | 396,802 | $107,330,972 | |
| LIN | Linde PLC | −119,283 | 1,699,409 | $842,499,005 | |
| HD | Home Depot, Inc. | −117,373 | 1,963,165 | $645,665,336 | |
| MA | Mastercard Inc | −114,301 | 1,694,979 | $846,913,207 | |
| SNDK | Sandisk Corp | −107,463 | 80,309 | $51,023,520 | |
| BR | Broadridge Financial Solutions, Inc. | −105,787 | 258,836 | $42,055,673 | |
| SPGI | S&P Global Inc. | −100,965 | 1,648,429 | $701,142,790 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AZN | Astrazeneca PLC | 642,138 | $126,642,456 | |
| DKS | Dick's Sporting Goods, Inc. | 287,171 | $56,943,137 | |
| MDLN | Medline Inc. | 988,143 | $43,972,363 | |
| SGI | Somnigroup International Inc. | 190,000 | $14,044,800 | |
| BLDR | Builders FirstSource, Inc. | 149,316 | $12,293,186 | |
| RKLB | Rocket Lab Corp | 106,137 | $6,816,118 | |
| RDDT | Reddit, Inc. | 36,137 | $4,865,847 | |
| META | Meta Platforms, Inc. | 3,887 | $2,223,869 | |
| VIK | Viking Holdings Ltd | 20,230 | $1,486,500 | |
| SHOP | Shopify Inc. | 11,683 | $1,385,837 | |
| RTO | Rentokil Initial PLC /Fi | 10,571 | $332,775 | |
| CB | Chubb Ltd | 976 | $318,107 | |
| NVS | Novartis AG | 1,999 | $305,347 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
15 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WDAY | Workday, Inc. | 2,116,802 | $454,646,733 | |
| NOW | ServiceNow, Inc. | 2,304,946 | $353,094,677 | |
| NVO | Novo Nordisk A S | 969,015 | $49,303,483 | |
| ROP | Roper Technologies Inc | 109,628 | $48,798,711 | |
| IQV | Iqvia Holdings Inc. | 183,977 | $41,470,255 | |
| ALC | Alcon Inc | 435,222 | $34,299,845 | |
| EFX | Equifax Inc | 98,891 | $21,457,369 | |
| CSGP | Costar Group, Inc. | 272,688 | $18,335,541 | |
| POOL | Pool Corp | 57,094 | $13,060,252 | |
| WST | West Pharmaceutical Services Inc | 34,387 | $9,461,239 | |
| TEAM | Atlassian Corp | 5,473 | $887,392 | |
| BKNG | Booking Holdings Inc. | 55 | $294,543 | |
| YMM | Full Truck Alliance Co. Ltd. | 23,076 | $247,605 | |
| SPOT | Spotify Technology S.A. | 410 | $238,091 | |
| ACGL | Arch Capital Group Ltd. | 2,268 | $217,546 | |
| No positions match the current search. | ||||
135 positions ·
$34,147,054,542 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 135 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 6,445,416 | $1,853,443,824 | 5.43% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 9,438,607 | $1,646,093,060 | 4.82% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 4,192,164 | $1,551,813,347 | 4.54% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 7,364,592 | $1,533,823,575 | 4.49% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 4,674,755 | $1,186,406,071 | 3.47% | |
| WM |
Waste Management Inc
Industrials
|
Reduced | 4,981,578 | $1,144,716,808 | 3.35% | |
| DE |
Deere & Co
Industrials
|
Reduced | 1,888,448 | $1,063,762,758 | 3.12% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 2,982,230 | $1,019,296,391 | 2.99% | |
| O |
Realty Income Corp
Real Estate
|
Reduced | 14,142,311 | $865,226,586 | 2.53% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 935,462 | $860,409,883 | 2.52% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 1,694,979 | $846,913,207 | 2.48% | |
| LIN |
Linde PLC
Basic Materials
|
Reduced | 1,699,409 | $842,499,005 | 2.47% | |
| KLAC |
Kla Corp
Technology
|
Reduced | 538,364 | $792,692,537 | 2.32% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
Reduced | 5,031,876 | $791,413,457 | 2.32% | |
| DHR |
Danaher Corp /De/
Healthcare
|
Reduced | 3,974,829 | $753,627,578 | 2.21% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 1,504,651 | $739,581,106 | 2.17% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Reduced | 14,808,834 | $721,930,657 | 2.11% | |
| GWW |
W.W. Grainger, Inc.
Industrials
|
Added | 651,243 | $710,382,441 | 2.08% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 2,281,563 | $706,166,564 | 2.07% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Reduced | 1,648,429 | $701,142,790 | 2.05% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 675,504 | $673,092,450 | 1.97% | |
| SYK |
Stryker Corp
Healthcare
|
Added | 2,037,571 | $669,525,454 | 1.96% | |
| AZO |
Autozone Inc
Consumer Cyclical
|
Reduced | 195,650 | $660,862,657 | 1.94% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 1,963,165 | $645,665,336 | 1.89% | |
| FERG |
Ferguson Enterprises Inc. /DE/
Industrials
|
Added | 2,609,159 | $608,612,428 | 1.78% | |
| SNPS |
Synopsys Inc
Technology
|
Added | 1,460,418 | $579,026,528 | 1.70% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 2,703,880 | $550,050,308 | 1.61% | |
| MAR |
Marriott International Inc /Md/
Consumer Cyclical
|
Added | 1,588,018 | $519,393,047 | 1.52% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 8,003,820 | $502,239,705 | 1.47% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 1,730,891 | $471,321,619 | 1.38% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Added | 2,210,439 | $383,400,644 | 1.12% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 2,646,954 | $382,326,035 | 1.12% | |
| ODFL |
Old Dominion Freight Line, Inc.
Industrials
|
Added | 1,928,810 | $376,889,474 | 1.10% | |
| CRM |
Salesforce, Inc.
Technology
|
Reduced | 1,949,698 | $363,950,125 | 1.07% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Added | 1,063,432 | $340,883,127 | 1.00% | |
| VRSK |
Verisk Analytics, Inc.
Industrials
|
Reduced | 1,760,761 | $334,104,399 | 0.98% | |
| ORCL |
Oracle Corp
Technology
|
Added | 2,146,719 | $315,803,832 | 0.92% | |
| BNY |
Bank of New York Mellon Corp
Financial Services
|
Reduced | 2,307,326 | $273,718,083 | 0.80% | |
| BEPC |
Brookfield Renewable Corp
Utilities
|
Reduced | 5,030,831 | $200,377,998 | 0.59% | |
| CBRE |
Cbre Group, Inc.
Real Estate
|
Reduced | 1,401,900 | $189,901,374 | 0.56% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 574,730 | $169,062,576 | 0.50% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 3,182,129 | $159,742,875 | 0.47% | |
| CMI |
Cummins Inc
Industrials
|
Added | 283,672 | $152,621,209 | 0.45% | |
| CMS |
Cms Energy Corp
Utilities
|
Added | 1,953,213 | $151,530,264 | 0.44% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 386,893 | $130,750,489 | 0.38% | |
| AZN |
Astrazeneca PLC
Healthcare
|
NEW | 642,138 | $126,642,456 | 0.37% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Reduced | 1,284,730 | $120,738,925 | 0.35% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 1,582,985 | $112,914,320 | 0.33% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 989,158 | $112,180,408 | 0.33% | |
| UNP |
Union Pacific Corp
Industrials
|
Reduced | 459,249 | $111,422,992 | 0.33% |