Parnassus Investments, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Parnassus Investments, LLC reported 135 stock positions worth $34.1 billion. Its top holding was Alphabet Class A (GOOGL) at 5.4% of the portfolio, followed by Nvidia (NVDA, 4.8%) and Microsoft (MSFT, 4.5%). Compared with Q4 2025, it opened 12 new positions, sold out of 15, added to 65 and reduced 58. The biggest buy was Vulcan Materials (VMC, shares +754%) and the biggest sale Brown & Brown (BRO, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0000948669
- Portfolio Value
- $34.1B (Q1 2026)
- SEC Filing
- 0001172661-26-001730 ↗ filed May 12, 2026
Holdings Value
Holdings 135 stocks · $34.1B
| GOOGL Alphabet Inc. Class A | 5.43% | 6,445,416 | $1.9B | Reduce -6.6% |
| NVDA Nvidia Corp. | 4.82% | 9,438,607 | $1.6B | Reduce -1.7% |
| MSFT Microsoft Corp. | 4.54% | 4,192,164 | $1.6B | Reduce -7.0% |
| AMZN Amazon.com Inc. | 4.49% | 7,364,592 | $1.5B | Reduce -6.6% |
| AAPL Apple Inc. | 3.47% | 4,674,755 | $1.2B | Reduce -7.4% |
| WM Waste Management Inc. | 3.35% | 4,981,578 | $1.1B | Reduce -5.6% |
| DE Deere & Co. | 3.12% | 1,888,448 | $1.1B | Reduce -28.5% |
| AMAT Applied Materials Inc. | 2.98% | 2,982,230 | $1.0B | Reduce -7.6% |
| O Realty Income Corp. | 2.53% | 14,142,311 | $865.2M | Reduce -6.4% |
| LLY Eli Lilly & Co. | 2.52% | 935,462 | $860.4M | Reduce -7.4% |
| MA Mastercard Inc. Class A | 2.48% | 1,694,979 | $846.9M | Reduce -6.3% |
| LIN Linde PLC | 2.47% | 1,699,409 | $842.5M | Reduce -6.6% |
| KLAC KLA Corp. | 2.32% | 538,364 | $792.7M | Reduce -13.7% |
| ICE Intercontinental Exchange Inc. | 2.32% | 5,031,876 | $791.4M | Reduce -7.4% |
| DHR Danaher Corp. | 2.21% | 3,974,829 | $753.6M | Reduce -14.8% |
| TMO Thermo Fisher Scientific Inc. | 2.17% | 1,504,651 | $739.6M | Reduce -5.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.11% | 14,808,834 | $721.9M | Reduce -10.1% |
| GWW WW Grainger Inc. | 2.08% | 651,243 | $710.4M | Add +1.7% |
| AVGO Broadcom Inc. | 2.07% | 2,281,563 | $706.2M | Reduce -7.3% |
| SPGI S&P Global Inc. | 2.05% | 1,648,429 | $701.1M | Reduce -5.8% |
| COST Costco Wholesale Corp. | 1.97% | 675,504 | $673.1M | Add +2.0% |
| SYK Stryker Corp. | 1.96% | 2,037,571 | $669.5M | Add +4.6% |
| AZO AutoZone Inc. | 1.94% | 195,650 | $660.9M | Reduce -7.4% |
| HD Home Depot Inc. | 1.89% | 1,963,165 | $645.7M | Reduce -5.6% |
| FERG Ferguson Enterprises Inc. | 1.78% | 2,609,159 | $608.6M | Add +1.7% |
| SNPS Synopsys Inc. | 1.70% | 1,460,418 | $579.0M | Add +1.4% |
| AMD Advanced Micro Devices | 1.61% | 2,703,880 | $550.1M | Add +9.8% |
| MAR Marriott International Class A | 1.52% | 1,588,018 | $519.4M | Add +1.7% |
| BSX Boston Scientific Corp. | 1.47% | 8,003,820 | $502.2M | Add +1.3% |
| VMC Vulcan Materials Co. | 1.38% | 1,730,891 | $471.3M | Add +754.3% |
| MRSH Marsh & McLennan Cos | 1.12% | 2,210,439 | $383.4M | Add +1.7% |
| PG The Procter & Gamble Co. | 1.12% | 2,646,954 | $382.3M | Add +1.6% |
| ODFL Old Dominion Freight Line | 1.10% | 1,928,810 | $376.9M | Add +403.0% |
| CRM Salesforce Inc. | 1.07% | 1,949,698 | $364.0M | Reduce -24.2% |
| SHW The Sherwin-Williams Co. | 1.00% | 1,063,432 | $340.9M | Add +1.8% |
| VRSK Verisk Analytics Inc. | 0.98% | 1,760,761 | $334.1M | Reduce -3.0% |
| ORCL Oracle Corp. | 0.92% | 2,146,719 | $315.8M | Add +2.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.80% | 2,307,326 | $273.7M | Reduce -2.2% |
| BEPC Brookfield Renewable Corp. | 0.59% | 5,030,831 | $200.4M | Reduce -0.0% |
| CBRE CBRE Group Inc. Class A | 0.56% | 1,401,900 | $189.9M | Reduce -17.2% |
| JPM JPMorgan Chase & Co. | 0.50% | 574,730 | $169.1M | Add +14.7% |
| VZ Verizon Communications Inc. | 0.47% | 3,182,129 | $159.7M | Add +3.5% |
| CMI Cummins Inc. | 0.45% | 283,672 | $152.6M | Add +1.3% |
| CMS CMS Energy Corp. | 0.44% | 1,953,213 | $151.5M | Add +32.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 386,893 | $130.8M | Add +2.6% |
| AZN Astrazeneca PLC | 0.37% | 642,138 | $126.6M | Add +3.8% |
| SCHW Schwab (charles) Corp. | 0.35% | 1,284,730 | $120.7M | Reduce -0.9% |
| SYY Sysco Corp. | 0.33% | 1,582,985 | $112.9M | Reduce -1.7% |
| C Citigroup Inc. | 0.33% | 989,158 | $112.2M | Reduce 0.0% |
| UNP Union Pacific Corp. | 0.33% | 459,249 | $111.4M | Reduce -1.6% |
| WDC Western Digital Corp. | 0.31% | 396,802 | $107.3M | Reduce -24.2% |
| WTW Willis Towers Watson PLC | 0.31% | 365,225 | $106.2M | Add +2.1% |
| FDX FedEx Corp. | 0.31% | 292,972 | $104.4M | Reduce -0.7% |
| CME Cme Group Inc. | 0.31% | 353,158 | $104.3M | Reduce -0.0% |
| HUBB Hubbell Inc. | 0.29% | 201,219 | $98.7M | Add +3.2% |
| V Visa Inc. Class A | 0.28% | 318,546 | $96.3M | Add +14.2% |
| PGR Progressive Corp. | 0.27% | 468,331 | $92.8M | Add +2.7% |
| CI The Cigna Group | 0.27% | 346,008 | $92.3M | Add +3.1% |
| WMT Walmart Inc. | 0.26% | 720,413 | $89.5M | Add +0.5% |
| CBOE Cboe Global Markets Inc. | 0.25% | 301,076 | $84.6M | Reduce -4.7% |
| HLT Hilton Worldwide Holdings Inc. | 0.24% | 273,972 | $83.3M | Reduce -3.9% |
| MU Micron Technology Inc. | 0.24% | 245,378 | $82.9M | Reduce -16.8% |
| EW Edwards Lifesciences Corp. | 0.23% | 995,172 | $79.7M | Add +69.6% |
| REGN Regeneron Pharmaceuticals | 0.22% | 97,495 | $75.3M | Add +1.0% |
| USFD US Foods Holding Corp. | 0.22% | 810,095 | $74.7M | Add +0.3% |
| BIO Bio-Rad Laboratories-A | 0.21% | 254,305 | $70.9M | Add +0.9% |
| RCL Royal Caribbean Cruises Ltd. | 0.20% | 254,264 | $70.0M | Add +214.6% |
| SARO Standardaero Inc. | 0.20% | 2,627,220 | $67.9M | Add +4.6% |
| A Agilent Technologies Inc. | 0.20% | 586,689 | $66.9M | Add +1.0% |
| ABT Abbott Laboratories | 0.19% | 639,340 | $65.6M | Add +3.7% |
| RSG Republic Services Inc. | 0.19% | 297,910 | $65.2M | Reduce -4.7% |
| NXPI NXP Semiconductors NV | 0.19% | 328,319 | $64.6M | Add +41.8% |
| XYL Xylem Inc. | 0.19% | 535,124 | $63.9M | Add +20.2% |
| BILL Bill Holdings Inc. | 0.19% | 1,662,250 | $63.7M | Add +13.6% |
| TRU Transunion | 0.18% | 890,979 | $61.6M | Reduce -0.2% |
| NICE Nice Ltd. - Spon ADR | 0.18% | 544,379 | $60.0M | Add +3.7% |
| CMG Chipotle Mexican Grill Inc. | 0.17% | 1,828,938 | $58.5M | Reduce -0.3% |
| TFC Truist Financial Corp. | 0.17% | 1,248,037 | $57.4M | Reduce -4.7% |
| DKS Dick's Sporting Goods Inc. | 0.17% | 287,171 | $56.9M | New |
| INTC Intel Corp. | 0.16% | 1,271,484 | $56.1M | Add +1.6% |
| LRCX Lam Research Corp. | 0.16% | 262,163 | $56.0M | Reduce -59.4% |
| ORLY O'reilly Automotive Inc. | 0.16% | 592,017 | $54.6M | Reduce -4.4% |
| UNH Unitedhealth Group Inc. | 0.16% | 200,130 | $54.2M | Add +0.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.16% | 806,103 | $53.4M | Add +1.6% |
| SNDK Sandisk Corp. | 0.15% | 80,309 | $51.0M | Reduce -57.2% |
| IR Ingersoll-Rand Inc. | 0.15% | 631,185 | $50.6M | Add +1.7% |
| ADSK Autodesk Inc. | 0.15% | 210,662 | $50.4M | Reduce -25.8% |
| ALL Allstate Corp. | 0.15% | 240,114 | $49.8M | Add +19.2% |
| PNR Pentair PLC | 0.14% | 547,303 | $47.7M | Add +20.0% |
| DHI D.R. Horton Inc. | 0.14% | 341,028 | $46.8M | Reduce -4.7% |
| MDLN Medline Inc. Class A | 0.13% | 988,143 | $44.0M | New |
| BR Broadridge Financial Solutio | 0.12% | 258,836 | $42.1M | Reduce -29.0% |
| PODD Insulet Corp. | 0.10% | 169,019 | $35.5M | Add +1.3% |
| CNH CNH Industrial NV | 0.09% | 2,865,167 | $31.5M | Add +13208.4% |
| NET Cloudflare Inc. Class A | 0.08% | 126,980 | $26.2M | Add +0.0% |
| PWR Quanta Services Inc. | 0.07% | 45,913 | $25.2M | Reduce -3.0% |
| TER Teradyne Inc. | 0.07% | 81,452 | $24.1M | Reduce -45.3% |
| ROK Rockwell Automation Inc. | 0.07% | 63,002 | $22.6M | Reduce -2.8% |
| GWRE Guidewire Software Inc. | 0.06% | 147,343 | $22.0M | Add +48.1% |
| WCN Waste Connections Inc. | 0.06% | 125,793 | $20.4M | Add +54.5% |
Portfolio Sells Q4 2025 → Q1 2026
| BRO Brown & Brown Inc. | Reduce -99.0% | 0.01% | −1.27 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −1.18 |
| MSFT Microsoft Corp. | Reduce -7.0% | 4.54% | −1.11 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.92 |
| CRM Salesforce Inc. | Reduce -24.2% | 1.07% | −0.70 |
| DHR Danaher Corp. | Reduce -14.8% | 2.21% | −0.56 |
| SPGI S&P Global Inc. | Reduce -5.8% | 2.05% | −0.32 |
| LLY Eli Lilly & Co. | Reduce -7.4% | 2.52% | −0.30 |
| BAC Bank of America Corp. | Reduce -10.1% | 2.11% | −0.24 |
| AMZN Amazon.com Inc. | Reduce -6.6% | 4.49% | −0.23 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.0% | 2.17% | −0.21 |
| MA Mastercard Inc. Class A | Reduce -6.3% | 2.48% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -6.6% | 5.43% | −0.17 |
| ARES Ares Management Corp. Class A | Reduce -98.2% | 0.00% | −0.17 |
| CBRE CBRE Group Inc. Class A | Reduce -17.2% | 0.56% | −0.15 |
| AVGO Broadcom Inc. | Reduce -7.3% | 2.07% | −0.14 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.13 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.13 |
| LRCX Lam Research Corp. | Reduce -59.4% | 0.16% | −0.12 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.11 |
| ALC Alcon Inc. | Sold out | 0.00% | −0.09 |
| BR Broadridge Financial Solutio | Reduce -29.0% | 0.12% | −0.09 |
| AAPL Apple Inc. | Reduce -7.4% | 3.47% | −0.09 |
| DE Deere & Co. | Reduce -28.5% | 3.12% | −0.07 |
| VRSK Verisk Analytics Inc. | Reduce -3.0% | 0.98% | −0.07 |
| ADSK Autodesk Inc. | Reduce -25.8% | 0.15% | −0.07 |
| EFX Equifax Inc. | Sold out | 0.00% | −0.06 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.05 |
| POOL Pool Corp. | Sold out | 0.00% | −0.03 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.02 |
| TRU Transunion | Reduce -0.2% | 0.18% | −0.02 |
| HOOD Robinhood Markets Inc. Class A | Reduce -2.8% | 0.04% | −0.02 |
| DDOG Datadog Inc. Class A | Reduce -24.7% | 0.05% | −0.02 |
| IDXX Idexx Laboratories Inc. | Reduce -2.8% | 0.05% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.3% | 0.17% | −0.00 |
| MPWR Monolithic Power Systems Inc. | Reduce -31.7% | 0.06% | −0.00 |
| TER Teradyne Inc. | Reduce -45.3% | 0.07% | −0.00 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.00 |
| CDNS Cadence Design SYS Inc. | Reduce -2.8% | 0.04% | −0.00 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.00 |
| YMM Full Truck Alliance -SPN ADR | Sold out | 0.00% | −0.00 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.00 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.00 |
| RELX Relx PLC - Spon ADR | Reduce -5.7% | 0.00% | −0.00 |
| ROK Rockwell Automation Inc. | Reduce -2.8% | 0.07% | +0.00 |
| TFC Truist Financial Corp. | Reduce -4.7% | 0.17% | +0.00 |
| DHI D.R. Horton Inc. | Reduce -4.7% | 0.14% | +0.00 |
| TT Trane Technologies PLC | Reduce -2.8% | 0.05% | +0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -4.4% | 0.16% | +0.01 |
| SCHW Schwab (charles) Corp. | Reduce -0.9% | 0.35% | +0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| VMC Vulcan Materials Co. | Add +754.3% | 1.38% | +1.23 |
| ODFL Old Dominion Freight Line | Add +403.0% | 1.10% | +0.95 |
| COST Costco Wholesale Corp. | Add +2.0% | 1.97% | +0.49 |
| GWW WW Grainger Inc. | Add +1.7% | 2.08% | +0.41 |
| FERG Ferguson Enterprises Inc. | Add +1.7% | 1.78% | +0.30 |
| MAR Marriott International Class A | Add +1.7% | 1.52% | +0.26 |
| AMD Advanced Micro Devices | Add +9.8% | 1.61% | +0.24 |
| SYK Stryker Corp. | Add +4.6% | 1.96% | +0.19 |
| CMS CMS Energy Corp. | Add +32.6% | 0.44% | +0.18 |
| DKS Dick's Sporting Goods Inc. | New | 0.17% | +0.17 |
| PG The Procter & Gamble Co. | Add +1.6% | 1.12% | +0.15 |
| RCL Royal Caribbean Cruises Ltd. | Add +214.6% | 0.20% | +0.15 |
| VZ Verizon Communications Inc. | Add +3.5% | 0.47% | +0.14 |
| MDLN Medline Inc. Class A | New | 0.13% | +0.13 |
| SHW The Sherwin-Williams Co. | Add +1.8% | 1.00% | +0.12 |
| EW Edwards Lifesciences Corp. | Add +69.6% | 0.23% | +0.10 |
| CNH CNH Industrial NV | Add +13208.4% | 0.09% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.6% | 0.38% | +0.09 |
| MRSH Marsh & McLennan Cos | Add +1.7% | 1.12% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +14.7% | 0.50% | +0.08 |
| CMI Cummins Inc. | Add +1.3% | 0.45% | +0.08 |
| AZN Astrazeneca PLC | Add +3.8% | 0.37% | +0.08 |
| HUBB Hubbell Inc. | Add +3.2% | 0.29% | +0.06 |
| USFD US Foods Holding Corp. | Add +0.3% | 0.22% | +0.06 |
| NXPI NXP Semiconductors NV | Add +41.8% | 0.19% | +0.06 |
| WMT Walmart Inc. | Add +0.5% | 0.26% | +0.06 |
| INTC Intel Corp. | Add +1.6% | 0.16% | +0.04 |
| SGI Somnigroup International Inc. | New | 0.04% | +0.04 |
| ALL Allstate Corp. | Add +19.2% | 0.15% | +0.04 |
| BLDR Builders Firstsource Inc. | New | 0.04% | +0.04 |
| CI The Cigna Group | Add +3.1% | 0.27% | +0.03 |
| XYL Xylem Inc. | Add +20.2% | 0.19% | +0.03 |
| V Visa Inc. Class A | Add +14.2% | 0.28% | +0.03 |
| REGN Regeneron Pharmaceuticals | Add +1.0% | 0.22% | +0.03 |
| WCN Waste Connections Inc. | Add +54.5% | 0.06% | +0.02 |
| NICE Nice Ltd. - Spon ADR | Add +3.7% | 0.18% | +0.02 |
| IR Ingersoll-Rand Inc. | Add +1.7% | 0.15% | +0.02 |
| RKLB Rocket Lab Corp. | New | 0.02% | +0.02 |
| DASH DoorDash Inc. Class A | Add +117.0% | 0.04% | +0.02 |
| PNR Pentair PLC | Add +20.0% | 0.14% | +0.02 |
| RDDT Reddit Inc. Class A | New | 0.01% | +0.01 |
| GWRE Guidewire Software Inc. | Add +48.1% | 0.06% | +0.01 |
| WRB WR Berkley Corp. | Add +1.6% | 0.16% | +0.01 |
| SARO Standardaero Inc. | Add +4.6% | 0.20% | +0.01 |
| NET Cloudflare Inc. Class A | Add +0.0% | 0.08% | +0.01 |
| INSM Insmed Inc. | Add +34.6% | 0.03% | +0.01 |
| BIO Bio-Rad Laboratories-A | Add +0.9% | 0.21% | +0.01 |
| GEV GE Vernova Inc. | Add +62.6% | 0.01% | +0.01 |
| META Meta Platforms Inc. Class A | New | 0.01% | +0.01 |
| WTW Willis Towers Watson PLC | Add +2.1% | 0.31% | +0.01 |
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 |