PARNASSUS INVESTMENTS, LLC

San Francisco, CA · CIK 948669 · 13F filing filed 2026-07-29

SEC-registered investment adviser since 2021 · limited liability company

Assets managed$41.1bn
Staff87 · 28 in investment roles
Main clients (by assets)Mutual funds and ETFs 83%, Private funds 8%, Pension plans 6%
Websiteparnassus.com
Form ADV · 2026-09-15SEC adviser record

Legal entityPARNASSUS INVESTMENTS, LLC (US)

Kindmutual funds
Others nearbySan Francisco, CA

As an employer

Offices in1 country

US visa salary filings

Filings FY20242
Median salary offered$262,500
Middle half$256,250 – $268,750
Job titles2

Job title	Filings	Median	Range
Portfolio Manager, Senior AnalystSan Francisco, CA	1	$275,000
Senior Analyst, ResearchSan Francisco, CA	1	$250,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Parnassus Investments LLC, Parnassus Investments, LLC.

$37.4bn reported value +9.7% vs Q1 2026

135positions

39.8%in top 10

11 new 44 added 80 reduced 11 sold out vs Q1 2026

Also in the report of:

ABN AMRO INVESTMENT SOLUTIONS – $3.8bn of shares are in both reports
PERSONAL CFO SOLUTIONS, LLC – $9.7m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,491,465	$2.0bn5.24%	5.24%	Reduced -954.0k	-953,951 -14.8%
2	APPLIED MATLS INC COM AMAT	AMAT	2,531,747	$1.8bn4.89%	4.89%	Reduced -450.5k	-450,483 -15.1%
3	MICROSOFT CORP COM MSFT	MSFT	4,685,346	$1.7bn4.67%	4.67%	Added +493.2k	+493,182 11.8%
4	NVIDIA CORPORATION COM NVDA	NVDA	8,453,777	$1.7bn4.52%	4.52%	Reduced -984.8k	-984,830 -10.4%
5	AMAZON COM INC COM AMZN	AMZN	6,903,653	$1.6bn4.39%	4.39%	Reduced -460.9k	-460,939 -6.3%
6	ADVANCED MICRO DEVICES INC COM AMD	AMD	2,329,523	$1.4bn3.61%	3.61%	Reduced -374.4k	-374,357 -13.8%
7	KLA CORP COM NEW KLAC	KLAC	4,403,071	$1.3bn3.55%	3.55%	Reduced -980.6k	-980,569 -18.2%
8	APPLE INC COM AAPL	AAPL	4,318,250	$1.2bn3.34%	3.34%	Reduced -356.5k	-356,505 -7.6%
9	WASTE MGMT INC DEL COM WM	WM	4,792,005	$1.1bn2.85%	2.85%	Reduced -189.6k	-189,573 -3.8%
10	DEERE & CO COM DE	DE	1,640,128	$1.0bn2.78%	2.78%	Reduced -248.3k	-248,320 -13.2%
11	LINDE PLC SHS LIN	LIN	1,586,298	$823.2m2.20%	2.20%	Reduced -113.1k	-113,111 -6.7%
12	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	1,639,589	$822.0m2.20%	2.20%	Added +134.9k	+134,938 9.0%
13	GRAINGER W W INC COM GWW	GWW	602,775	$820.0m2.19%	2.19%	Reduced -48.5k	-48,468 -7.4%
14	MASTERCARD INCORPORATED CL A MA	MA	1,580,278	$811.6m2.17%	2.17%	Reduced -114.7k	-114,701 -6.8%
15	BROADCOM INC COM AVGO	AVGO	2,115,059	$799.0m2.13%	2.13%	Reduced -166.5k	-166,504 -7.3%
16	BANK AMERICA CORP COM BAC	BAC	13,603,761	$775.1m2.07%	2.07%	Reduced -1.2m	-1,205,073 -8.1%
17	REALTY INCOME CORP COM O	O	11,640,278	$721.2m1.93%	1.93%	Reduced -2.5m	-2,502,033 -17.7%
18	DOORDASH INC CL A DASH	DASH	3,886,505	$717.2m1.92%	1.92%	Added +3.8m	+3,788,964 3884.5%
19	DANAHER CORPORATION COM DHR	DHR	3,674,207	$699.9m1.87%	1.87%	Reduced -300.6k	-300,622 -7.6%
20	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	2,833,425	$672.5m1.80%	1.80%	Added +224.3k	+224,266 8.6%
21	HOME DEPOT INC COM HD	HD	1,847,853	$651.7m1.74%	1.74%	Reduced -115.3k	-115,312 -5.9%
22	ELI LILLY & CO COM LLY	LLY	525,464	$630.3m1.68%	1.68%	Reduced -410.0k	-409,998 -43.8%
23	SYNOPSYS INC COM SNPS	SNPS	1,408,900	$628.5m1.68%	1.68%	Reduced -51.5k	-51,518 -3.5%
24	STRYKER CORPORATION COM SYK	SYK	1,924,514	$605.9m1.62%	1.62%	Reduced -113.1k	-113,057 -5.5%
25	S&P GLOBAL INC COM SPGI	SPGI	1,468,231	$598.0m1.60%	1.60%	Reduced -180.2k	-180,198 -10.9%
26	COSTCO WHSL CORP NEW COM COST	COST	625,050	$584.7m1.56%	1.56%	Reduced -50.5k	-50,454 -7.5%
27	AUTOZONE INC COM AZO	AZO	181,409	$579.8m1.55%	1.55%	Reduced -14.2k	-14,241 -7.3%
28	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	4,656,371	$573.2m1.53%	1.53%	Reduced -375.5k	-375,505 -7.5%
29	HUBBELL INC COM HUBB	HUBB	1,072,570	$561.2m1.50%	1.50%	Added +871.4k	+871,351 433.0%
30	VULCAN MATLS CO COM VMC	VMC	1,893,294	$558.5m1.49%	1.49%	Added +162.4k	+162,403 9.4%
31	MARRIOTT INTL INC NEW CL A MAR	MAR	1,466,946	$543.6m1.45%	1.45%	Reduced -121.1k	-121,072 -7.6%
32	GE VERNOVA INC COM GEV	GEV	451,884	$530.9m1.42%	1.42%	Added +446.6k	+446,557 8382.9%
33	OLD DOMINION FREIGHT LINE IN COM ODFL	ODFL	2,136,186	$462.7m1.24%	1.24%	Added +207.4k	+207,376 10.8%
34	SHERWIN WILLIAMS CO COM SHW	SHW	1,173,201	$404.0m1.08%	1.08%	Added +109.8k	+109,769 10.3%
35	PROCTER AND GAMBLE CO COM PG	PG	2,448,341	$359.0m0.96%	0.96%	Reduced -198.6k	-198,613 -7.5%
36	MARSH & MCLENNAN COS INC COM MRSH	MRSH	2,047,623	$341.3m0.91%	0.91%	Reduced -162.8k	-162,816 -7.4%
37	ORACLE CORP COM ORCL	ORCL	2,075,391	$304.1m0.81%	0.81%	Reduced -71.3k	-71,328 -3.3%
38	BANK NEW YORK MELLON CORP COM BNY	BNY	2,087,849	$301.9m0.81%	0.81%	Reduced -219.5k	-219,477 -9.5%
39	BROOKFIELD RENEWABLE CORP CL A EX SUB VTG BEPC	BEPC	5,028,808	$186.7m0.50%	0.50%	Reduced -2.0k	-2,023 -0.0%
40	JPMORGAN CHASE & CO COM JPM	JPM	562,698	$184.2m0.49%	0.49%	Reduced -12.0k	-12,032 -2.1%
41	CBRE GROUP INC CL A CBRE	CBRE	1,304,961	$175.8m0.47%	0.47%	Reduced -96.9k	-96,939 -6.9%
42	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	359,694	$171.8m0.46%	0.46%	Reduced -27.2k	-27,199 -7.0%
43	CMS ENERGY CORP COM CMS	CMS	2,219,735	$169.8m0.45%	0.45%	Added +266.5k	+266,522 13.7%
44	MICRON TECHNOLOGY INC COM MU	MU	132,681	$153.2m0.41%	0.41%	Reduced -112.7k	-112,697 -45.9%
45	COCA COLA CO COM KO	KO	1,844,913	$149.9m0.40%	0.40%	New
46	CUMMINS INC COM CMI	CMI	208,573	$148.8m0.40%	0.40%	Reduced -75.1k	-75,099 -26.5%
47	VERIZON COMMUNICATIONS INC COM VZ	VZ	3,237,229	$137.1m0.37%	0.37%	Added +55.1k	+55,100 1.7%
48	SYSCO CORP COM SYY	SYY	1,614,798	$135.0m0.36%	0.36%	Added +31.8k	+31,813 2.0%
49	WESTERN DIGITAL CORP COM WDC	WDC	198,472	$126.8m0.34%	0.34%	Reduced -198.3k	-198,330 -50.0%
50	INTEL CORP COM INTC	INTC	893,410	$124.7m0.33%	0.33%	Reduced -378.1k	-378,074 -29.7%
51	UNION PAC CORP COM UNP	UNP	449,875	$122.4m0.33%	0.33%	Reduced -9.4k	-9,374 -2.0%
52	ASTRAZENECA PLC ORD AZN	AZN	629,158	$119.3m0.32%	0.32%	Reduced -13.0k	-12,980 -2.0%
53	SCHWAB CHARLES CORP COM SCHW	SCHW	1,258,426	$116.1m0.31%	0.31%	Reduced -26.3k	-26,304 -2.0%
54	CITIGROUP INC COM NEW C	C	820,903	$114.9m0.31%	0.31%	Reduced -168.3k	-168,255 -17.0%
55	VISA INC COM CL A V	V	311,736	$107.0m0.29%	0.29%	Reduced -6.8k	-6,810 -2.1%
56	PROGRESSIVE CORP COM PGR	PGR	476,316	$104.1m0.28%	0.28%	Added +8.0k	+7,985 1.7%
57	THE CIGNA GROUP COM CI	CI	360,366	$99.3m0.27%	0.27%	Added +14.4k	+14,358 4.2%
58	US FOODS HLDG CORP COM USFD	USFD	952,964	$97.4m0.26%	0.26%	Added +142.9k	+142,869 17.6%
59	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	355,179	$92.8m0.25%	0.25%	Reduced -10.0k	-10,046 -2.8%
60	EDWARDS LIFESCIENCES CORP COM EW	EW	1,015,630	$91.9m0.25%	0.25%	Added +20.5k	+20,458 2.1%
61	FEDEX CORP COM FDX	FDX	286,515	$89.7m0.24%	0.24%	Reduced -6.5k	-6,457 -2.2%
62	NXP SEMICONDUCTORS N V COM NXPI	NXPI	318,004	$89.4m0.24%	0.24%	Reduced -10.3k	-10,315 -3.1%
63	WILLIAMS COS INC COM WMB	WMB	1,172,235	$87.1m0.23%	0.23%	New
64	XYLEM INC COM XYL	XYL	690,226	$81.6m0.22%	0.22%	Added +155.1k	+155,102 29.0%
65	UNITEDHEALTH GROUP INC COM UNH	UNH	196,098	$81.5m0.22%	0.22%	Reduced -4.0k	-4,032 -2.0%
66	AGILENT TECHNOLOGIES INC COM A	A	607,098	$80.6m0.22%	0.22%	Added +20.4k	+20,409 3.5%
67	LAM RESEARCH CORP COM NEW LRCX	LRCX	185,517	$80.4m0.21%	0.21%	Reduced -76.6k	-76,646 -29.2%
68	WALMART INC COM WMT	WMT	704,428	$79.8m0.21%	0.21%	Reduced -16.0k	-15,985 -2.2%
69	STANDARDAERO INC COM SARO	SARO	2,641,574	$79.0m0.21%	0.21%	Added +14.4k	+14,354 0.6%
70	CME GROUP INC COM CME	CME	345,432	$76.3m0.20%	0.20%	Reduced -7.7k	-7,726 -2.2%
71	HILTON WORLDWIDE HLDGS INC COM HLT	HLT	227,091	$75.0m0.20%	0.20%	Reduced -46.9k	-46,881 -17.1%
72	REPUBLIC SVCS INC COM RSG	RSG	349,154	$74.4m0.20%	0.20%	Added +51.2k	+51,244 17.2%
73	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	594,883	$73.2m0.20%	0.20%	Added +447.5k	+447,540 303.7%
74	DICKS SPORTING GOODS INC COM DKS	DKS	316,149	$71.7m0.19%	0.19%	Added +29.0k	+28,978 10.1%
75	CBOE GLOBAL MKTS INC COM CBOE	CBOE	291,825	$70.8m0.19%	0.19%	Reduced -9.3k	-9,251 -3.1%
76	TRUIST FINL CORP COM TFC	TFC	1,214,009	$60.5m0.16%	0.16%	Reduced -34.0k	-34,028 -2.7%
77	CNH INDL N V SHS CNH	CNH	5,309,551	$59.6m0.16%	0.16%	Added +2.4m	+2,444,384 85.3%
78	REGENERON PHARMACEUTICALS COM REGN	REGN	95,378	$59.5m0.16%	0.16%	Reduced -2.1k	-2,117 -2.2%
79	ABBOTT LABS COM ABT	ABT	650,628	$59.0m0.16%	0.16%	Added +11.3k	+11,288 1.8%
80	ALLSTATE CORP COM ALL	ALL	232,727	$55.4m0.15%	0.15%	Reduced -7.4k	-7,387 -3.1%
81	BERKLEY W R CORP COM WRB	WRB	779,771	$55.0m0.15%	0.15%	Reduced -26.3k	-26,332 -3.3%
82	D R HORTON INC COM DHI	DHI	329,388	$53.7m0.14%	0.14%	Reduced -11.6k	-11,640 -3.4%
83	MEDLINE INC COM CL A MDLN	MDLN	1,357,889	$53.6m0.14%	0.14%	Added +369.7k	+369,746 37.4%
84	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	575,543	$53.0m0.14%	0.14%	Reduced -16.5k	-16,474 -2.8%
85	NICE LTD SPONSORED ADR NICE	NICE	567,137	$51.5m0.14%	0.14%	Added +22.8k	+22,758 4.2%
86	SNOWFLAKE INC CL A SNOW	SNOW	199,036	$50.7m0.14%	0.14%	New
87	INGERSOLL RAND INC COM IR	IR	611,858	$50.2m0.13%	0.13%	Reduced -19.3k	-19,327 -3.1%
88	BOSTON SCIENTIFIC CORP COM BSX	BSX	1,174,799	$50.1m0.13%	0.13%	Reduced -6.8m	-6,829,021 -85.3%
89	ROYAL CARIBBEAN GROUP COM RCL	RCL	154,455	$49.0m0.13%	0.13%	Reduced -99.8k	-99,809 -39.2%
90	ROBINHOOD MKTS INC COM CL A HOOD	HOOD	454,095	$45.5m0.12%	0.12%	Added +278.8k	+278,783 159.0%
91	CHIPOTLE MEXICAN GRILL INC COM CMG	CMG	1,286,063	$43.7m0.12%	0.12%	Reduced -542.9k	-542,875 -29.7%
92	PENTAIR PLC SHS PNR	PNR	529,474	$40.6m0.11%	0.11%	Reduced -17.8k	-17,829 -3.3%
93	AUTODESK INC COM ADSK	ADSK	205,626	$40.0m0.11%	0.11%	Reduced -5.0k	-5,036 -2.4%
94	TERADYNE INC COM TER	TER	78,406	$37.9m0.10%	0.10%	Reduced -3.0k	-3,046 -3.7%
95	DATADOG INC CL A COM DDOG	DDOG	130,227	$33.9m0.09%	0.09%	Reduced -3.3k	-3,301 -2.5%
96	ROCKWELL AUTOMATION INC COM ROK	ROK	60,945	$30.2m0.08%	0.08%	Reduced -2.1k	-2,057 -3.3%
97	INSULET CORP COM PODD	PODD	177,819	$27.1m0.07%	0.07%	Added +8.8k	+8,800 5.2%
98	RENTOKIL INITIAL PLC SPONSORED ADR RTO	RTO	901,334	$25.8m0.07%	0.07%	Added +890.8k	+890,763 8426.5%
99	QUANTA SVCS INC COM PWR	PWR	35,103	$25.3m0.07%	0.07%	Reduced -10.8k	-10,810 -23.5%
100	MONOLITHIC PWR SYS INC COM MPWR	MPWR	17,566	$24.3m0.06%	0.06%	Reduced -606	-606 -3.3%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SALESFORCE INC CRM	CRM	1,949,698	$364.0m1.9m shares
VERISK ANALYTICS INC VRSK	VRSK	1,760,761	$334.1m1.8m shares
BIO RAD LABS INC BIO	BIO	254,305	$70.9m254.3k shares
BILL HOLDINGS INC BILL	BILL	1,662,250	$63.7m1.7m shares
TRANSUNION TRU	TRU	890,979	$61.6m891.0k shares
BROADRIDGE FINL SOLUTIONS IN BR	BR	258,836	$42.1m258.8k shares
METTLER TOLEDO INTERNATIONAL MTD	MTD	13,864	$17.5m13.9k shares
ALNYLAM PHARMACEUTICALS INC ALNY	ALNY	48,991	$16.2m49.0k shares
PROCORE TECHNOLOGIES INC PCOR	PCOR	282,928	$16.1m282.9k shares
INSMED INC INSM	INSM	69,515	$11.4m69.5k shares
BROWN & BROWN INC BRO	BRO	64,113	$4.2m64.1k shares