PARNASSUS INVESTMENTS, LLC
Long book
$34.15B
Q1 2026
Positions
135
Top-10 weight
37%
concentration
Last quarter
+15.9%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsPARNASSUS INVESTMENTS, LLC is a diversified fundamental manager, running a $34.15B US long book across 135 positions.
The portfolio is moderately concentrated (top 10 ≈ 37% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ALPHABET INC-CL A, NVIDIA CORP, MICROSOFT CORP, AMAZON.COM INC, APPLE INC.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.8%
Q2 2024
+6.6%
Q3 2024
-0.0%
Q4 2024
-2.4%
Q1 2025
+10.1%
Q2 2025
+4.0%
Q3 2025
+2.5%
Q4 2025
-5.5%
Q1 2026
+15.9%
Sector allocation
Technology 35%
Consumer discretionary 17%
Financials 10%
Healthcare 8%
Services media 7%
Industrials 7%
Other 6%
Utilities 5%
Long book by quarter
What does PARNASSUS INVESTMENTS, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 6.4M | $1.85B | 5.4% | -6.6% |
| NVDA NVIDIA CORP | Technology | 9.4M | $1.65B | 4.8% | -1.7% |
| MSFT MICROSOFT CORP | Technology | 4.2M | $1.55B | 4.5% | -7.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 7.4M | $1.53B | 4.5% | -6.6% |
| AAPL APPLE INC | Technology | 4.7M | $1.19B | 3.5% | -7.4% |
| WM WASTE MANAGEMENT INC | Utilities | 5.0M | $1.14B | 3.4% | -5.6% |
| DE DEERE & CO | Industrials | 1.9M | $1.06B | 3.1% | -28.5% |
| AMAT APPLIED MATERIALS INC | Technology | 3.0M | $1.02B | 3.0% | -7.6% |
| LLY ELI LILLY & CO | Healthcare | 935.5K | $860.4M | 2.5% | -7.4% |
| MA MASTERCARD INC - A | Services media | 1.7M | $846.9M | 2.5% | -6.3% |
| LIN LINDE PLC | Materials | 1.7M | $842.5M | 2.5% | -6.6% |
| KLAC KLA CORP | Other | 538.4K | $792.7M | 2.3% | -13.7% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 5.0M | $791.4M | 2.3% | -7.4% |
| DHR DANAHER CORP | Technology | 4.0M | $753.6M | 2.2% | -14.8% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 1.5M | $739.6M | 2.2% | -5.0% |
| BAC BANK OF AMERICA CORP | Financials | 14.8M | $721.9M | 2.1% | -10.1% |
| GWW WW GRAINGER INC | Consumer discretionary | 651.2K | $710.4M | 2.1% | +1.7% |
| AVGO BROADCOM INC | Technology | 2.3M | $706.2M | 2.1% | -7.3% |
| SPGI S&P GLOBAL INC | Services media | 1.6M | $701.1M | 2.1% | -5.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 675.5K | $673.1M | 2.0% | +2.0% |
| SYK STRYKER CORP | Healthcare | 2.0M | $669.5M | 2.0% | +4.6% |
| AZO AUTOZONE INC | Consumer discretionary | 195.7K | $660.9M | 1.9% | -7.4% |
| HD HOME DEPOT INC | Consumer discretionary | 2.0M | $645.7M | 1.9% | -5.6% |
| FERG FERGUSON ENTERPRISES INC | Consumer discretionary | 2.6M | $608.6M | 1.8% | +1.7% |
| SNPS SYNOPSYS INC | Technology | 1.5M | $579.0M | 1.7% | +1.4% |
| AMD ADVANCED MICRO DEVICES | Technology | 2.7M | $550.1M | 1.6% | +9.8% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 1.6M | $519.4M | 1.5% | +1.7% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 8.0M | $502.2M | 1.5% | +1.3% |
| VMC VULCAN MATERIALS CO | Materials | 1.7M | $471.3M | 1.4% | +754.3% |
| MRSH MARSH & MCLENNAN COS | Financials | 2.2M | $383.4M | 1.1% | +1.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 2.6M | $382.3M | 1.1% | +1.6% |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 1.9M | $376.9M | 1.1% | +403.0% |
| CRM SALESFORCE INC | Technology | 1.9M | $364.0M | 1.1% | -24.2% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 1.1M | $340.9M | 1.0% | +1.8% |
| VRSK VERISK ANALYTICS INC | Technology | 1.8M | $334.1M | 1.0% | -3.0% |
| ORCL ORACLE CORP | Technology | 2.1M | $315.8M | 0.9% | +2.3% |
| BNY BANK OF NEW YORK MELLON CORP | Financials | 2.3M | $273.7M | 0.8% | -2.2% |
| BEPC BROOKFIELD RENEWABLE CORP | Utilities | 5.0M | $200.4M | 0.6% | 0.0% |
| CBRE CBRE GROUP INC - A | Real estate | 1.4M | $189.9M | 0.6% | -17.2% |
| JPM JPMORGAN CHASE & CO | Financials | 574.7K | $169.1M | 0.5% | +14.7% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 3.2M | $159.7M | 0.5% | +3.5% |
| CMI CUMMINS INC | Industrials | 283.7K | $152.6M | 0.4% | +1.3% |
| CMS CMS ENERGY CORP | Utilities | 2.0M | $151.5M | 0.4% | +32.6% |
| AZN ASTRAZENECA PLC | Healthcare | 642.1K | $126.6M | 0.4% | New |
| SCHW SCHWAB (CHARLES) CORP | Financials | 1.3M | $120.7M | 0.4% | -0.9% |
| SYY SYSCO CORP | Consumer discretionary | 1.6M | $112.9M | 0.3% | -1.7% |
| C CITIGROUP INC | Financials | 989.2K | $112.2M | 0.3% | 0.0% |
| UNP UNION PACIFIC CORP | Industrials | 459.2K | $111.4M | 0.3% | -1.6% |
| WDC WESTERN DIGITAL CORP | Technology | 396.8K | $107.3M | 0.3% | -24.2% |
| WTW WILLIS TOWERS WATSON PLC | Financials | 365.2K | $106.2M | 0.3% | +2.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 135 | $34.15B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 138 | $38.56B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 24, 2025 | 147 | $43.27B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 148 | $43.35B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 135 | $41.62B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 126 | $45.02B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 8, 2024 | 126 | $47.14B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 129 | $45.92B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 136 | $46.79B | canonical | SEC ↗ |
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