PARNASSUS INVESTMENTS, LLC
Sector Allocation
- Technology38.6%$13.1B
- Consumer Discretionary18.0%$6.1B
- Financials12.1%$4.1B
- Healthcare11.8%$4.0B
- Industrials7.3%$2.5B
- Materials4.7%$1.6B
- Utilities3.8%$1.3B
- Consumer Staples2.2%$740.4M
- Communication Services0.7%$222.1M
- Real Estate0.6%$188.7M
AUM History
13fpro.ai/research/fund/parnassus-investments-llc-948669
Conviction and streaks
Diversifying · top 10 = 38.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
MSFT
$2.1BAMZN
$1.9BNVDA
$1.8BGOOGL
$1.5BAAPL
$1.1BDE
$991.4MTMO
$987.8MWM
$889.6MAMD
$885.2MMA
$875.8MAVGO
$848.2MAMAT
$827.8MDHR
$752.9MLIN
$692.8MDASH
$690.0MKLAC
$686.6MMETA
$678.9MGWW
$674.0MBAC
$669.6MSPGI
$635.3M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/parnassus-investments-llc-948669
PARNASSUS INVESTMENTS, LLC 13F holdings — Q3 2026
$33.8B portfolio (-9.8% QoQ) · 123 holdings · Q3 2026 13F · top 10 are 39% of the stock portfolio
$2.1B
6.4% of stocks
-11%This quarter+0.7%Since filed8+ qtrsHeld$1.9B
5.5% of stocks
+8%This quarter-0.9%Since filed8+ qtrsHeld$1.8B
5.2% of stocks
-9%This quarter-0.6%Since filed8+ qtrsHeld$1.5B
4.5% of stocks
-19%This quarter-1.1%Since filed8+ qtrsHeld$1.1B
3.4% of stocks
-21%This quarter-0.1%Since filed8+ qtrsHeld$991.4M
2.9% of stocks
-10%This quarter+0.4%Since filed8+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 7 qtrs in a row$987.8M
2.9% of stocks
-11%This quarter-0.4%Since filed8+ qtrsHeld$889.6M
2.6% of stocks
-9%This quarter+0.1%Since filed8+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 7 qtrs in a row$885.2M
2.6% of stocks
-38%This quarter+1.7%Since filed8+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$875.8M
2.6% of stocks
+0.5%This quarter-1.5%Since filed8+ qtrsHeld
All holdings — PARNASSUS INVESTMENTS, LLC (Q3 2026)
123 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Broadcom Inc. | Technology | $848.2M | 2.5% | 2.42M | +14% | 8+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | APPLIED MATERIALS INC /DE | Technology | $827.8M | 2.5% | 1.62M | -36% | 8+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | DANAHER CORP /DE/ | Healthcare | $752.9M | 2.2% | 3.40M | -8% | 8+ qtrsTrimmed 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | LINDE PLC | Materials | $692.8M | 2.0% | 1.46M | -8% | 8+ qtrsTrimmed 5 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | DoorDash, Inc. | Consumer Discretionary | $690.0M | 2.0% | 3.76M | -3% | 8+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | KLA CORP | Technology | $686.6M | 2.0% | 3.52M | -20% | 8+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Meta Platforms, Inc. | Technology | $678.9M | 2.0% | 936K | +9571% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | W.W. GRAINGER, INC. | Consumer Discretionary | $674.0M | 2.0% | 541K | -10% | 5 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | BANK OF AMERICA CORP /DE/ | Financials | $669.6M | 2.0% | 12.30M | -10% | 8+ qtrsTrimmed 7 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | S&P Global Inc. | Financials | $635.3M | 1.9% | 1.61M | +10% | 8+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Intercontinental Exchange, Inc. | Financials | $634.9M | 1.9% | 4.18M | -10% | 8+ qtrsTrimmed 7 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Ferguson Enterprises Inc. /DE/ | Consumer Discretionary | $564.6M | 1.7% | 2.54M | -10% | 8+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | STRYKER CORP | Healthcare | $563.0M | 1.7% | 2.04M | +6% | 8+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | SYNOPSYS INC | Technology | $552.3M | 1.6% | 1.27M | -10% | 8+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | ELI LILLY & Co | Healthcare | $545.4M | 1.6% | 471K | -10% | 8+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $541.5M | 1.6% | 1.19M | +230% | |||
| 27 | $VMC | Vulcan Materials CO | Materials | $527.3M | 1.6% | 2.16M | +14% | |||
| 28 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $509.5M | 1.5% | 560K | -10% | |||
| 29 | $HUBB | HUBBELL INC | Technology | $476.1M | 1.4% | 1.05M | -2% | |||
| 30 | $MAR | MARRIOTT INTERNATIONAL INC /MD/ | Consumer Discretionary | $459.5M | 1.4% | 1.29M | -12% | |||
| 31 | $AZN | ASTRAZENECA PLC | Healthcare | $446.4M | 1.3% | 2.76M | +339% | |||
| 32 | $GEV | GE Vernova Inc. | Industrials | $406.3M | 1.2% | 427K | -5% | |||
| 33 | $TJX | TJX COMPANIES INC /DE/ | Consumer Discretionary | $402.6M | 1.2% | 3.04M | New | |||
| 34 | $AZO | AUTOZONE INC | Consumer Discretionary | $379.1M | 1.1% | 134K | -26% | |||
| 35 | $SHW | SHERWIN WILLIAMS CO | Materials | $351.2M | 1.0% | 1.09M | -7% | |||
| 36 | $ODFL | OLD DOMINION FREIGHT LINE, INC. | Industrials | $349.2M | 1.0% | 2.01M | -6% | |||
| 37 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $333.2M | 1.0% | 1.17M | -37% | |||
| 38 | $CTAS | CINTAS CORP | Consumer Discretionary | $326.2M | 1.0% | 1.67M | New | |||
| 39 | $BNY | Bank of New York Mellon Corp | Financials | $232.4M | 0.7% | 1.61M | -23% | |||
| 40 | $JPM | JPMORGAN CHASE & CO | Financials | $178.7M | 0.5% | 540K | -4% | |||
| 41 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $162.0M | 0.5% | 3.53M | +9% | |||
| 42 | $KO | COCA COLA CO | Consumer Staples | $158.6M | 0.5% | 1.84M | -0.1% | |||
| 43 | $CBRE | CBRE GROUP, INC. | Real Estate | $148.0M | 0.4% | 1.15M | -12% | |||
| 44 | $WMB | WILLIAMS COMPANIES, INC. | Energy | $147.4M | 0.4% | 2.17M | +85% | |||
| 45 | $CMS | CMS ENERGY CORP | Utilities | $144.9M | 0.4% | 2.30M | +3% | |||
| 46 | $BEPC | Brookfield Renewable Corp | Utilities | $142.8M | 0.4% | 5.06M | +0.6% | |||
| 47 | $MU | MICRON TECHNOLOGY INC | Technology | $130.7M | 0.4% | 123K | -8% | |||
| 48 | $SYY | SYSCO CORP | Consumer Discretionary | $124.7M | 0.4% | 1.60M | -0.9% | |||
| 49 | $SCHW | SCHWAB CHARLES CORP | Financials | $122.0M | 0.4% | 1.25M | -0.8% | |||
| 50 | $UNP | UNION PACIFIC CORP | Industrials | $121.8M | 0.4% | 448K | -0.5% | |||
| 51 | $C | CITIGROUP INC | Financials | $106.3M | 0.3% | 821K | +0.0% | |||
| 52 | $CI | Cigna Group | Healthcare | $102.1M | 0.3% | 375K | +4% | |||
| 53 | $A | AGILENT TECHNOLOGIES, INC. | Healthcare | $99.3M | 0.3% | 576K | -5% | |||
| 54 | $PGR | PROGRESSIVE CORP/OH/ | Financials | $98.9M | 0.3% | 477K | +0.2% | |||
| 55 | $CMI | CUMMINS INC | Industrials | $98.6M | 0.3% | 191K | -9% | |||
| 56 | $INTC | INTEL CORP | Technology | $98.2M | 0.3% | 817K | -9% | |||
| 57 | $WDC | WESTERN DIGITAL CORP | Technology | $98.1M | 0.3% | 216K | +9% | |||
| 58 | $CME | CME GROUP INC. | Financials | $89.0M | 0.3% | 340K | -2% | |||
| 59 | $USFD | US Foods Holding Corp. | Consumer Discretionary | $83.3M | 0.3% | 903K | -5% | |||
| 60 | $EW | Edwards Lifesciences Corp | Healthcare | $83.2M | 0.3% | 963K | -5% | |||
| 61 | $FDX | FEDEX CORP | Industrials | $82.1M | 0.2% | 288K | +0.5% | |||
| 62 | $GWRE | Guidewire Software, Inc. | Technology | $80.5M | 0.2% | 565K | -5% | |||
| 63 | $ABT | ABBOTT LABORATORIES | Healthcare | $77.9M | 0.2% | 788K | +21% | |||
| 64 | $CBOE | Cboe Global Markets, Inc. | Financials | $75.2M | 0.2% | 273K | -6% | |||
| 65 | $RSG | REPUBLIC SERVICES, INC. | Utilities | $74.5M | 0.2% | 355K | +2% | |||
| 66 | $V | VISA INC. | Financials | $72.6M | 0.2% | 202K | -35% | |||
| 67 | $WMT | Walmart Inc. | Consumer Staples | $72.3M | 0.2% | 696K | -1% | |||
| 68 | $UNH | UNITEDHEALTH GROUP INC | Healthcare | $71.4M | 0.2% | 195K | -0.8% | |||
| 69 | $NXPI | NXP Semiconductors N.V. | Technology | $71.3M | 0.2% | 300K | -6% | |||
| 70 | $HLT | Hilton Worldwide Holdings Inc. | Consumer Discretionary | $68.7M | 0.2% | 216K | -5% | |||
| 71 | $BSX | BOSTON SCIENTIFIC CORP | Healthcare | $66.3M | 0.2% | 1.52M | +29% | |||
| 72 | $XYL | Xylem Inc. | Industrials | $65.7M | 0.2% | 649K | -6% | |||
| 73 | $SNOW | Snowflake Inc. | Technology | $65.1M | 0.2% | 192K | -4% | |||
| 74 | $WRB | BERKLEY W R CORP | Financials | $65.0M | 0.2% | 962K | +23% | |||
| 75 | $CNH | CNH Industrial N.V. | Industrials | $63.6M | 0.2% | 4.95M | -7% | |||
| 76 | $NICE | NICE Ltd. | Technology | $62.7M | 0.2% | 564K | -0.6% | |||
| 77 | $IR | Ingersoll Rand Inc. | Industrials | $61.9M | 0.2% | 824K | +35% | |||
| 78 | $ORCL | ORACLE CORP | Technology | $60.3M | 0.2% | 439K | -79% | |||
| 79 | $FWONA | Liberty Media Corp | Communication Services | $58.3M | 0.2% | 631K | New | |||
| 80 | $LRCX | LAM RESEARCH CORP | Technology | $56.9M | 0.2% | 173K | -7% | |||
| 81 | $WTW | WILLIS TOWERS WATSON PLC | Financials | $56.1M | 0.2% | 195K | -45% | |||
| 82 | $SARO | StandardAero, Inc. | Industrials | $53.8M | 0.2% | 2.52M | -5% | |||
| 83 | $TFC | TRUIST FINANCIAL CORP | Financials | $52.7M | 0.2% | 1.14M | -6% | |||
| 84 | $ORLY | O REILLY AUTOMOTIVE INC | Consumer Discretionary | $49.1M | 0.1% | 575K | -0.0% | |||
| 85 | $ALL | ALLSTATE CORP | Financials | $48.4M | 0.1% | 218K | -6% | |||
| 86 | $MDLN | Medline Inc. | Healthcare | $45.0M | 0.1% | 1.30M | -5% | |||
| 87 | $HOOD | Robinhood Markets, Inc. | Financials | $42.3M | 0.1% | 376K | -17% | |||
| 88 | $DHI | HORTON D R INC /DE/ | Industrials | $42.2M | 0.1% | 309K | -6% | |||
| 89 | $O | REALTY INCOME CORP | Real Estate | $40.6M | 0.1% | 748K | -94% | |||
| 90 | $DKS | DICK'S SPORTING GOODS, INC. | Consumer Discretionary | $40.3M | 0.1% | 300K | -5% | |||
| 91 | $ADSK | Autodesk, Inc. | Technology | $40.3M | 0.1% | 193K | -6% | |||
| 92 | $RCL | ROYAL CARIBBEAN CRUISES LTD | Industrials | $38.5M | 0.1% | 145K | -6% | |||
| 93 | $NTRA | Natera, Inc. | Healthcare | $31.5M | 0.1% | 76K | -2% | |||
| 94 | $TER | TERADYNE, INC | Technology | $31.3M | 0.1% | 78K | -0.5% | |||
| 95 | $NET | Cloudflare, Inc. | Technology | $30.8M | 0.1% | 89K | -2% | |||
| 96 | $DDOG | Datadog, Inc. | Technology | $30.6M | 0.1% | 112K | -14% | |||
| 97 | $ROK | ROCKWELL AUTOMATION, INC | Industrials | $26.4M | 0.1% | 61K | -0.5% | |||
| 98 | $MPWR | MONOLITHIC POWER SYSTEMS, INC. | Technology | $23.6M | 0.1% | 17K | -0.5% | |||
| 99 | $TWST | Twist Bioscience Corp | Healthcare | $22.6M | 0.1% | 117K | -3% | |||
| 100 | $PODD | INSULET CORP | Healthcare | $22.3M | 0.1% | 171K | -4% | |||
| 101 | $PWR | QUANTA SERVICES, INC. | Industrials | $22.1M | 0.1% | 34K | -2% | |||
| 102 | $LITE | Lumentum Holdings Inc. | Technology | $21.0M | 0.1% | 22K | +0.7% | |||
| 103 | $RVMD | Revolution Medicines, Inc. | Healthcare | $20.6M | 0.1% | 100K | +0.5% | |||
| 104 | $WCN | Waste Connections, Inc. | Utilities | $19.9M | 0.1% | 129K | -2% | |||
| 105 | $FIX | COMFORT SYSTEMS USA INC | Industrials | $18.5M | 0.1% | 11K | +0.7% | |||
| 106 | $VIK | Viking Holdings Ltd | Industrials | $17.2M | 0.1% | 220K | +0.6% | |||
| 107 | $TT | Trane Technologies plc | Technology | $16.9M | 0.1% | 37K | -2% | |||
| 108 | $IDXX | IDEXX LABORATORIES INC /DE | Healthcare | $16.5M | 0.1% | 32K | +8% | |||
| 109 | $MELI | MERCADOLIBRE INC | Consumer Discretionary | $16.5M | 0.1% | 9,559 | -2% | |||
| 110 | $PTC | PTC INC. | Technology | $16.2M | 0.1% | 115K | +24% | |||
| 111 | $CDNS | CADENCE DESIGN SYSTEMS INC | Technology | $15.0M | 0.0% | 45K | -2% | |||
| 112 | $SNDK | Sandisk Corp | Technology | $14.9M | 0.0% | 8,571 | -0.5% | |||
| 113 | $ALAB | Astera Labs, Inc. | Technology | $13.4M | 0.0% | 38K | -0.0% | |||
| 114 | $ROIV | Roivant Sciences Ltd. | Healthcare | $13.2M | 0.0% | 362K | -2% | |||
| 115 | $ARES | Ares Management Corp | Financials | $11.8M | 0.0% | 101K | +1259% | |||
| 116 | $MSCI | MSCI Inc. | Financials | $11.2M | 0.0% | 21K | -0.0% | |||
| 117 | $RKLB | Rocket Lab Corp | Industrials | $9.5M | 0.0% | 137K | -0.0% | |||
| 118 | $RDDT | Reddit, Inc. | Technology | $6.3M | 0.0% | 44K | -0.5% | |||
| 119 | $APPF | APPFOLIO INC | Technology | $2.4M | 0.0% | 12K | +4% | |||
| 120 | $ASML | ASML HOLDING NV | Technology | $2.1M | 0.0% | 1,175 | +0.5% | |||
| 121 | $ISRG | INTUITIVE SURGICAL INC | Healthcare | $2.0M | 0.0% | 5,016 | +7% | |||
| 122 | $SHOP | SHOPIFY INC. | Technology | $1.9M | 0.0% | 13K | +7% | |||
| 123 | $NFLX | NETFLIX INC | Communication Services | $1.8M | 0.0% | 26K | +7% |
What changed in Q3 2026
Against the previous quarter's 13F: 3 new, 35 added to, 85 trimmed, 15 sold out. Share-count changes; largest moves by dollar size first.
New positions (3)
Added to (35)
now $678.9M · held 3 qtrs, 3 adds in a row
$TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD+230%
now $541.5M · held 8+ qtrs
$AZNASTRAZENECA PLC+339%
now $446.4M · held 8+ qtrs
now $1.9B · held 8+ qtrs
now $848.2M · held 8+ qtrs
$WMBWILLIAMS COMPANIES, INC.+85%
now $147.4M · held 2 qtrs, 2 adds in a row
+29 more in the Excel export
Trimmed (85)
$OREALTY INCOME CORP-94%
now $40.6M · held 8+ qtrs, 7 trims in a row
now $885.2M · held 8+ qtrs, 2 trims in a row
now $827.8M · held 8+ qtrs, 4 trims in a row
now $1.5B · held 8+ qtrs, 5 trims in a row
now $1.1B · held 8+ qtrs, 3 trims in a row
now $2.1B · held 8+ qtrs
+79 more in the Excel export
Sold out (15)
$PGPROCTER & GAMBLE Cowas $359.0M
held 7+ qtrs
$MRSHMARSH & MCLENNAN COMPANIES, INC.was $341.3M
held 7+ qtrs
$REGNREGENERON PHARMACEUTICALS, INC.was $59.5M
held 5 qtrs
$CMGCHIPOTLE MEXICAN GRILL INCwas $43.7M
held 7+ qtrs
$PNRPENTAIR plcwas $40.6M
held 7+ qtrs
$RTORENTOKIL INITIAL PLC /FIwas $25.8M
+9 more in the Excel export
Holdings by quarter
Every 13F PARNASSUS INVESTMENTS, LLC has filed, 41 earlier quarters. Pick one to see what it held then.
Is it too late to follow PARNASSUS INVESTMENTS?
Q3 2026 13F filed with the SEC on Oct 22, 2026. Prices are closing prices as of Oct 23, 2026.
Average quality of PARNASSUS INVESTMENTS's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-0.2%
Value-weighted move of the 10 largest stock positions
Turnover
8%
Last quarter; 25% over the last 4
Top 10 weight
39%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
94%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
PARNASSUS INVESTMENTS, LLC disclosed 123 positions worth $33.8B in its Form 13F-HR for Q3 2026, led by $MSFT (MICROSOFT CORP) at 6.4% of the equity portfolio, followed by $AMZN and $NVDA. During the quarter the fund opened 3 new positions and exited 15 — including a new stake in $TJX and a full exit from $PG. The portfolio is most concentrated in Technology (38.6% of disclosed assets). All figures are sourced directly from PARNASSUS INVESTMENTS, LLC’s Form 13F-HR filing with the SEC under CIK 948669.
Funds like this
managers whose biggest positions overlap PARNASSUS INVESTMENTS'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: PARNASSUS INVESTMENTS, LLC
13F Pro is an AI hedge fund tracker and stock research platform. For PARNASSUS INVESTMENTS, LLC (SEC CIK: 948669), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in PARNASSUS INVESTMENTS, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.