Parnassus Investments, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Parnassus Investments, LLC reported 135 stock positions worth $46.8 billion. Its top holding was Microsoft (MSFT) at 5.6% of the portfolio, followed by Alphabet Class A (GOOGL, 4.5%) and Nvidia (NVDA, 4.0%). Compared with Q4 2023, it opened 12 new positions, sold out of 7, added to 30 and reduced 68. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Gilead Sciences (GILD, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0000948669
- Portfolio Value
- $46.8B (Q1 2024)
- SEC Filing
- 0001172661-24-002099 ↗ filed May 9, 2024
Holdings Value
Holdings 135 stocks · $46.8B
| MSFT Microsoft Corp. | 5.65% | 6,280,479 | $2.6B | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 4.47% | 13,854,925 | $2.1B | Reduce -2.0% |
| NVDA Nvidia Corp. | 3.98% | 2,059,935 | $1.9B | Reduce -0.7% |
| CRM Salesforce Inc. | 3.71% | 5,771,089 | $1.7B | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.51% | 43,324,384 | $1.6B | Add +7.0% |
| DE Deere & Co. | 3.35% | 3,820,582 | $1.6B | Reduce -0.9% |
| BALL Ball Corp. | 3.07% | 21,347,271 | $1.4B | Add +1.4% |
| MA Mastercard Inc. Class A | 3.06% | 2,968,686 | $1.4B | Reduce -1.7% |
| AAPL Apple Inc. | 3.00% | 8,172,593 | $1.4B | Reduce -1.0% |
| CME Cme Group Inc. | 2.51% | 5,445,695 | $1.2B | Reduce -3.9% |
| ICE Intercontinental Exchange Inc. | 2.39% | 8,148,784 | $1.1B | Reduce -3.3% |
| LIN Linde PLC | 2.39% | 2,407,737 | $1.1B | Reduce -2.6% |
| ORCL Oracle Corp. | 2.29% | 8,533,922 | $1.1B | Reduce -41.5% |
| CI The Cigna Group | 2.25% | 2,900,830 | $1.1B | Add +8.2% |
| FISV Fiserv Inc. | 2.23% | 6,541,472 | $1.0B | Reduce -3.5% |
| INTC Intel Corp. | 2.21% | 23,418,969 | $1.0B | Reduce -0.8% |
| SPGI S&P Global Inc. | 2.18% | 2,402,595 | $1.0B | Reduce -2.6% |
| WM Waste Management Inc. | 2.13% | 4,671,683 | $995.8M | Reduce -2.7% |
| AMAT Applied Materials Inc. | 1.95% | 4,429,479 | $913.5M | Reduce -1.0% |
| SHW The Sherwin-Williams Co. | 1.88% | 2,530,034 | $878.8M | Reduce -13.9% |
| AZO AutoZone Inc. | 1.87% | 277,679 | $875.1M | Add +14.0% |
| MRSH Marsh & McLennan Cos | 1.86% | 4,218,168 | $868.9M | Reduce -1.0% |
| INTU Intuit Inc. | 1.84% | 1,324,650 | $861.0M | Reduce -1.0% |
| SYY Sysco Corp. | 1.71% | 9,842,831 | $799.0M | Reduce -10.2% |
| TMO Thermo Fisher Scientific Inc. | 1.70% | 1,372,243 | $797.6M | Reduce -1.0% |
| CHTR Charter Communications Inc. Class A | 1.61% | 2,599,026 | $755.4M | Add +60.4% |
| VZ Verizon Communications Inc. | 1.60% | 17,832,860 | $748.3M | Add +242.2% |
| DHI D.R. Horton Inc. | 1.56% | 4,424,810 | $728.1M | Reduce -10.4% |
| DHR Danaher Corp. | 1.53% | 2,862,963 | $714.9M | Reduce -1.0% |
| MU Micron Technology Inc. | 1.47% | 5,820,431 | $686.2M | Add +224.0% |
| PG The Procter & Gamble Co. | 1.33% | 3,844,268 | $623.7M | Reduce -1.0% |
| MAR Marriott International Class A | 1.31% | 2,433,030 | $613.9M | Reduce -1.0% |
| AVGO Broadcom Inc. | 1.26% | 446,035 | $591.2M | New |
| COST Costco Wholesale Corp. | 1.20% | 769,447 | $563.7M | Reduce -0.9% |
| EFX Equifax Inc. | 1.18% | 2,065,043 | $552.4M | Reduce -1.0% |
| VRSK Verisk Analytics Inc. | 1.09% | 2,155,066 | $508.0M | Reduce -3.0% |
| MDLZ Mondelez International Inc. Class A | 1.00% | 6,701,174 | $469.1M | Reduce -1.0% |
| ADBE Adobe Inc. | 0.71% | 663,014 | $334.6M | Add +12.5% |
| O Realty Income Corp. | 0.70% | 6,037,163 | $326.6M | New |
| NTR Nutrien Ltd. | 0.61% | 5,262,170 | $285.8M | Reduce -56.2% |
| FIS Fidelity National Info Serv | 0.58% | 3,632,502 | $269.5M | Reduce -19.7% |
| ROST Ross Stores Inc. | 0.50% | 1,578,867 | $231.7M | Reduce -26.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.49% | 3,975,054 | $229.0M | Reduce -17.2% |
| PGR Progressive Corp. | 0.39% | 882,681 | $182.6M | Reduce -50.0% |
| A Agilent Technologies Inc. | 0.36% | 1,159,801 | $168.8M | Reduce -33.4% |
| CBRE CBRE Group Inc. Class A | 0.35% | 1,670,819 | $162.5M | Add +49.2% |
| GPN Global Payments Inc. | 0.32% | 1,128,745 | $150.9M | No change |
| GWRE Guidewire Software Inc. | 0.29% | 1,169,946 | $136.5M | Add +215.9% |
| SCHW Schwab (charles) Corp. | 0.29% | 1,868,905 | $135.2M | No change |
| CMI Cummins Inc. | 0.29% | 455,464 | $134.2M | No change |
| ALGN Align Technology Inc. | 0.28% | 396,603 | $130.1M | No change |
| ODFL Old Dominion Freight Line | 0.27% | 585,452 | $128.4M | Reduce -13.8% |
| CBOE Cboe Global Markets Inc. | 0.26% | 668,988 | $122.9M | Reduce -36.9% |
| SPG Simon Property Group Inc. | 0.26% | 777,470 | $121.7M | Reduce -14.9% |
| C Citigroup Inc. | 0.26% | 1,922,087 | $121.6M | No change |
| IQV Iqvia Holdings Inc. | 0.26% | 476,093 | $120.4M | Reduce -43.3% |
| AXP American Express Co. | 0.25% | 523,281 | $119.1M | Reduce -12.6% |
| ROP Roper Technologies Inc. | 0.25% | 211,572 | $118.7M | Reduce -35.3% |
| KLAC KLA Corp. | 0.24% | 163,633 | $114.3M | Reduce -45.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 926,321 | $113.3M | No change |
| TRU Transunion | 0.24% | 1,399,409 | $111.7M | Reduce -41.7% |
| BR Broadridge Financial Solutio | 0.24% | 542,280 | $111.1M | Reduce -31.8% |
| HOLX Hologic Inc. | 0.24% | 1,424,161 | $111.0M | Reduce -50.8% |
| FTNT Fortinet Inc. | 0.23% | 1,609,112 | $109.9M | Add +17.8% |
| ORLY O'reilly Automotive Inc. | 0.23% | 96,072 | $108.5M | Reduce -21.8% |
| UNP Union Pacific Corp. | 0.23% | 436,475 | $107.3M | No change |
| GILD Gilead Sciences Inc. | 0.22% | 1,432,811 | $105.0M | Reduce -88.0% |
| RSG Republic Services Inc. | 0.22% | 530,029 | $101.5M | Reduce -23.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.21% | 1,119,740 | $97.9M | Add +325.2% |
| WDC Western Digital Corp. | 0.21% | 1,414,870 | $96.6M | No change |
| BAX Baxter International Inc. | 0.20% | 2,222,045 | $95.0M | No change |
| ALL Allstate Corp. | 0.20% | 542,743 | $93.9M | New |
| OTIS Otis Worldwide Corp. | 0.20% | 924,665 | $91.8M | Reduce -44.0% |
| TFC Truist Financial Corp. | 0.19% | 2,337,761 | $91.1M | Reduce -9.2% |
| WDAY Workday Inc. Class A | 0.19% | 326,611 | $89.1M | Reduce -28.8% |
| PFE Pfizer Inc. | 0.19% | 3,185,839 | $88.4M | New |
| FDX FedEx Corp. | 0.19% | 301,210 | $87.3M | No change |
| DOX Amdocs Ltd. | 0.18% | 950,522 | $85.9M | Reduce -59.4% |
| POOL Pool Corp. | 0.18% | 209,949 | $84.7M | Reduce -36.0% |
| FERG Ferguson Jersey Ltd. | 0.18% | 377,273 | $82.4M | Add +12285.9% |
| BIO Bio-Rad Laboratories-A | 0.18% | 237,790 | $82.2M | No change |
| AVTR Avantor Inc. | 0.18% | 3,214,576 | $82.2M | Reduce -53.7% |
| XYL Xylem Inc. | 0.18% | 635,241 | $82.1M | Reduce -50.3% |
| XYZ Block Inc. | 0.17% | 940,723 | $79.6M | Add +12.8% |
| ADSK Autodesk Inc. | 0.17% | 299,695 | $78.0M | Reduce -35.1% |
| CNH CNH Industrial NV | 0.17% | 6,014,226 | $77.9M | Reduce -32.9% |
| BIIB Biogen Inc. | 0.17% | 360,742 | $77.8M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.17% | 874,703 | $77.4M | New |
| BMRN Biomarin Pharmaceutical Inc. | 0.16% | 873,001 | $76.2M | Reduce -52.8% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.15% | 361,692 | $72.1M | New |
| RGEN Repligen Corp. | 0.15% | 388,423 | $71.4M | Reduce -29.4% |
| LRCX Lam Research Corp. | 0.15% | 73,140 | $71.1M | Reduce -40.8% |
| IDA Idacorp Inc. | 0.14% | 717,837 | $66.7M | Reduce -31.9% |
| CSCO Cisco Systems Inc. | 0.14% | 1,324,420 | $66.1M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.14% | 480,981 | $65.4M | Add +0.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.14% | 302,898 | $64.6M | Reduce -65.4% |
| CMCSA Comcast Corp. Class A | 0.14% | 1,460,416 | $63.3M | Reduce -45.0% |
| BEPC Brookfield Renewable Cor-A | 0.14% | 2,572,928 | $63.2M | Reduce -60.4% |
| NICE Nice Ltd. - Spon ADR | 0.13% | 235,097 | $61.3M | New |
| PNR Pentair PLC | 0.11% | 610,373 | $52.2M | Reduce -53.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 3,000,000 | $2.7M | New |
Total filed on the 13F, all lines: $46.8B.
Portfolio Sells Q4 2023 → Q1 2024
| GILD Gilead Sciences Inc. | Reduce -88.0% | 0.22% | −1.93 |
| ORCL Oracle Corp. | Reduce -41.5% | 2.29% | −1.13 |
| NTR Nutrien Ltd. | Reduce -56.2% | 0.61% | −0.89 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.77 |
| AAPL Apple Inc. | Reduce -1.0% | 3.00% | −0.54 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.43 |
| INTC Intel Corp. | Reduce -0.8% | 2.21% | −0.42 |
| BEPC Brookfield Renewable Cor-A | Reduce -60.4% | 0.14% | −0.28 |
| DOX Amdocs Ltd. | Reduce -59.4% | 0.18% | −0.27 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.26 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.25 |
| PGR Progressive Corp. | Reduce -50.0% | 0.39% | −0.23 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -52.8% | 0.16% | −0.23 |
| SPGI S&P Global Inc. | Reduce -2.6% | 2.18% | −0.23 |
| HOLX Hologic Inc. | Reduce -50.8% | 0.24% | −0.22 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -65.4% | 0.14% | −0.22 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.21 |
| A Agilent Technologies Inc. | Reduce -33.4% | 0.36% | −0.18 |
| AVTR Avantor Inc. | Reduce -53.7% | 0.18% | −0.18 |
| IQV Iqvia Holdings Inc. | Reduce -43.3% | 0.26% | −0.17 |
| ROST Ross Stores Inc. | Reduce -26.3% | 0.50% | −0.16 |
| SHW The Sherwin-Williams Co. | Reduce -13.9% | 1.88% | −0.16 |
| CBOE Cboe Global Markets Inc. | Reduce -36.9% | 0.26% | −0.16 |
| XYL Xylem Inc. | Reduce -50.3% | 0.18% | −0.15 |
| CME Cme Group Inc. | Reduce -3.9% | 2.51% | −0.14 |
| KLAC KLA Corp. | Reduce -45.6% | 0.24% | −0.14 |
| ROP Roper Technologies Inc. | Reduce -35.3% | 0.25% | −0.14 |
| OTIS Otis Worldwide Corp. | Reduce -44.0% | 0.20% | −0.13 |
| TRU Transunion | Reduce -41.7% | 0.24% | −0.13 |
| BR Broadridge Financial Solutio | Reduce -31.8% | 0.24% | −0.13 |
| CMCSA Comcast Corp. Class A | Reduce -45.0% | 0.14% | −0.12 |
| DHI D.R. Horton Inc. | Reduce -10.4% | 1.56% | −0.11 |
| POOL Pool Corp. | Reduce -36.0% | 0.18% | −0.11 |
| PNR Pentair PLC | Reduce -53.8% | 0.11% | −0.10 |
| VRSK Verisk Analytics Inc. | Reduce -3.0% | 1.09% | −0.09 |
| WDAY Workday Inc. Class A | Reduce -28.8% | 0.19% | −0.09 |
| IDA Idacorp Inc. | Reduce -31.9% | 0.14% | −0.09 |
| MDLZ Mondelez International Inc. Class A | Reduce -1.0% | 1.00% | −0.09 |
| ADSK Autodesk Inc. | Reduce -35.1% | 0.17% | −0.08 |
| ARE Alexandria Real Estate Equit | Reduce -41.0% | 0.11% | −0.08 |
| CNH CNH Industrial NV | Reduce -32.9% | 0.17% | −0.08 |
| SYY Sysco Corp. | Reduce -10.2% | 1.71% | −0.07 |
| DE Deere & Co. | Reduce -0.9% | 3.35% | −0.07 |
| RGEN Repligen Corp. | Reduce -29.4% | 0.15% | −0.07 |
| BNY Bank of New York Mellon Corp. | Reduce -17.2% | 0.49% | −0.07 |
| LRCX Lam Research Corp. | Reduce -40.8% | 0.15% | −0.06 |
| RSG Republic Services Inc. | Reduce -23.9% | 0.22% | −0.04 |
| ODFL Old Dominion Freight Line | Reduce -13.8% | 0.27% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -14.9% | 0.26% | −0.03 |
| FIS Fidelity National Info Serv | Reduce -19.7% | 0.58% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| AVGO Broadcom Inc. | New | 1.26% | +1.26 |
| VZ Verizon Communications Inc. | Add +242.2% | 1.60% | +1.16 |
| MU Micron Technology Inc. | Add +224.0% | 1.47% | +1.13 |
| O Realty Income Corp. | New | 0.70% | +0.70 |
| BAC Bank of America Corp. | Add +7.0% | 3.51% | +0.48 |
| AZO AutoZone Inc. | Add +14.0% | 1.87% | +0.47 |
| CI The Cigna Group | Add +8.2% | 2.25% | +0.47 |
| BALL Ball Corp. | Add +1.4% | 3.07% | +0.38 |
| CHTR Charter Communications Inc. Class A | Add +60.4% | 1.61% | +0.22 |
| GWRE Guidewire Software Inc. | Add +215.9% | 0.29% | +0.20 |
| ALL Allstate Corp. | New | 0.20% | +0.20 |
| PFE Pfizer Inc. | New | 0.19% | +0.19 |
| FERG Ferguson Jersey Ltd. | Add +12285.9% | 0.18% | +0.17 |
| TTD Trade Desk Inc./the Class A | Add +325.2% | 0.21% | +0.17 |
| WRB WR Berkley Corp. | New | 0.17% | +0.17 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.15% | +0.15 |
| NICE Nice Ltd. - Spon ADR | New | 0.13% | +0.13 |
| CBRE CBRE Group Inc. Class A | Add +49.2% | 0.35% | +0.12 |
| FTNT Fortinet Inc. | Add +17.8% | 0.23% | +0.06 |
| PTC PTC Inc. | New | 0.05% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.14% | +0.03 |
| XYZ Block Inc. | Add +12.8% | 0.17% | +0.03 |
| TER Teradyne Inc. | Add +65.0% | 0.07% | +0.03 |
| MTD Mettler-Toledo International | Add +39.9% | 0.05% | +0.02 |
| TEAM Atlassian Corp. Class A | New | 0.02% | +0.02 |
| LPLA LPL Financial Holdings Inc. | Add +79.6% | 0.03% | +0.02 |
| PCOR Procore Technologies Inc. | Add +0.3% | 0.02% | +0.00 |
| AMZN Amazon.com Inc. | Add +27.6% | 0.01% | +0.00 |
| AKAM Akamai Technologies Inc. | New | 0.00% | +0.00 |
| NTRA Natera Inc. | New | 0.00% | +0.00 |
| V Visa Inc. Class A | Add +32.0% | 0.00% | +0.00 |
| ISRG Intuitive Surgical Inc. | New | 0.00% | +0.00 |
| LLY Eli Lilly & Co. | Add +14.1% | 0.00% | +0.00 |
| AZN Astrazeneca PLC-Spons ADR | Add +107.1% | 0.00% | +0.00 |
| AMD Advanced Micro Devices | Add +28.8% | 0.00% | +0.00 |
| ABNB Airbnb Inc. Class A | Add +47.6% | 0.00% | +0.00 |
| ARES Ares Management Corp. Class A | Add +17.5% | 0.00% | +0.00 |
| BSX Boston Scientific Corp. | Add +18.0% | 0.00% | +0.00 |
| NFLX Netflix Inc. | Add +22.6% | 0.00% | +0.00 |
| NET Cloudflare Inc. Class A | Add +25.7% | 0.00% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +15.5% | 0.00% | +0.00 |
| ADBE Adobe Inc. | Add +12.5% | 0.71% | −0.07 |
Notes & Other Activity Q4 2023 → Q1 2024
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | New | 3,000,000 | $2.7M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 135 | $37.4B | GOOGL, AMAT, MSFT, NVDA, AMZN |
| Q1 2026 | 135 | $34.1B | GOOGL, NVDA, MSFT, AMZN, AAPL |
| Q4 2025 | 138 | $38.6B | MSFT, GOOGL, AMZN, NVDA, AAPL |
| Q3 2025 | 147 | $43.3B | MSFT, NVDA, GOOGL, AMZN, DE |
| Q2 2025 | 148 | $43.4B | MSFT, NVDA, AMZN, GOOGL, DE |
| Q1 2025 | 135 | $41.6B | MSFT, AMZN, NVDA, DE, GOOGL |
| Q4 2024 | 126 | $45.0B | MSFT, AMZN, NVDA, GOOGL, DE |
| Q3 2024 | 126 | $47.1B | MSFT, NVDA, AMZN, GOOGL, O |
| Q2 2024 | 129 | $45.9B | MSFT, GOOGL, NVDA, AAPL, CRM |
| Q1 2024 | 135 | $46.8B | MSFT, GOOGL, NVDA, CRM, BAC |