Parnassus Investments, LLC

Name: PARNASSUS INVESTMENTS, LLC 13F holdings, Q1 2026
Creator: PARNASSUS INVESTMENTS, LLC
Published: 2026-05-12

Q2 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
MPWR Monolithic Power Systems Inc.	0.06%	18,172	$19.9M	Reduce -31.7%
IDXX Idexx Laboratories Inc.	0.05%	32,709	$18.4M	Reduce -2.8%
MTD Mettler-Toledo International	0.05%	13,864	$17.5M	Add +0.3%
MELI MercadoLibre Inc.	0.05%	10,048	$17.4M	Add +1.4%
TT Trane Technologies PLC	0.05%	39,370	$16.4M	Reduce -2.8%
ALNY Alnylam Pharmaceuticals Inc.	0.05%	48,991	$16.2M	Add +9.9%
PCOR Procore Technologies Inc.	0.05%	282,928	$16.1M	Add +21.6%
DDOG Datadog Inc. Class A	0.05%	133,528	$15.8M	Reduce -24.7%
PTC PTC Inc.	0.05%	108,105	$15.4M	Add +0.5%
NTRA Natera Inc.	0.04%	74,737	$14.9M	Add +5.5%
DASH DoorDash Inc. Class A	0.04%	97,541	$14.6M	Add +117.0%
SGI Somnigroup International Inc.	0.04%	190,000	$14.0M	New
CDNS Cadence Design SYS Inc.	0.04%	47,859	$13.3M	Reduce -2.8%
MSCI MSCI Inc.	0.04%	23,882	$12.9M	Add +1.8%
BLDR Builders Firstsource Inc.	0.04%	149,316	$12.3M	New
HOOD Robinhood Markets Inc. Class A	0.04%	175,312	$12.1M	Reduce -2.8%
INSM Insmed Inc.	0.03%	69,515	$11.4M	Add +34.6%
RKLB Rocket Lab Corp.	0.02%	106,137	$6.8M	New
RDDT Reddit Inc. Class A	0.01%	36,137	$4.9M	New
GEV GE Vernova Inc.	0.01%	5,327	$4.6M	Add +62.6%
BRO Brown & Brown Inc.	0.01%	64,113	$4.2M	Reduce -99.0%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV	0.01%	2,685	$3.5M	Add +13.9%
NFLX Netflix Inc.	0.01%	28,662	$2.8M	Add +47.6%
META Meta Platforms Inc. Class A	0.01%	3,887	$2.2M	New
ISRG Intuitive Surgical Inc.	0.01%	4,518	$2.1M	Add +46.4%
APPF Appfolio Inc. Class A	0.00%	10,704	$1.7M	Add +26.9%
VIK Viking Holdings Ltd.	0.00%	20,230	$1.5M	New
SHOP Shopify Inc. Class A	0.00%	11,683	$1.4M	New
ARES Ares Management Corp. Class A	0.00%	7,428	$810K	Reduce -98.2%
CRH CRH PLC	0.00%	3,169	$333K	Add +11.8%
RTO Rentokil Initial PLC-SP ADR	0.00%	10,571	$333K	New
CB Chubb Ltd.	0.00%	976	$318K	New
CCEP Coca-Cola Europacific Partne	0.00%	3,439	$312K	Add +9.8%
NVS Novartis AG-Sponsored ADR	0.00%	1,999	$305K	New
RELX Relx PLC - Spon ADR	0.00%	8,734	$290K	Reduce -5.7%

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