Parnassus Investments 13F, Q4 2025
Parnassus Investments · quarter ending 31 December 2025 · filed 12 February 2026 · SEC CIK 948669
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 138 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $2.18B | 5.7% | -4% shares |
| ALPHABET INC | GOOGL | $2.16B | 5.6% | -25% shares |
| AMAZON COM INC | AMZN | $1.82B | 4.7% | -21% shares |
| NVIDIA CORPORATION | NVDA | $1.79B | 4.6% | -23% shares |
| APPLE INC | AAPL | $1.37B | 3.6% | +43% shares |
| DEERE & CO | DE | $1.23B | 3.2% | -15% shares |
| WASTE MGMT INC DEL | WM | $1.16B | 3.0% | -6% shares |
| ELI LILLY & CO | LLY | $1.09B | 2.8% | +61% shares |
| DANAHER CORPORATION | DHR | $1.07B | 2.8% | -24% shares |
| MASTERCARD INCORPORATED | MA | $1.03B | 2.7% | -15% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $917.33M | 2.4% | -24% shares |
| S&P GLOBAL INC | SPGI | $914.22M | 2.4% | -14% shares |
| BANK AMERICA CORP | BAC | $906.28M | 2.4% | -14% shares |
| INTERCONTINENTAL EXCHANGE IN | ICE | $880.46M | 2.3% | -16% shares |
| BROADCOM INC | AVGO | $851.89M | 2.2% | -2% shares |
| REALTY INCOME CORP | O | $851.54M | 2.2% | -16% shares |
| APPLIED MATLS INC | AMAT | $829.34M | 2.1% | -14% shares |
| LINDE PLC | $775.47M | 2.0% | -13% shares | |
| KLA CORP | KLAC | $757.80M | 2.0% | -13% shares |
| BOSTON SCIENTIFIC CORP | BSX | $753.19M | 1.9% | +15% shares |
| AUTOZONE INC | AZO | $716.72M | 1.9% | -16% shares |
| HOME DEPOT INC | HD | $715.91M | 1.9% | +712% shares |
| STRYKER CORPORATION | SYK | $684.51M | 1.8% | +23% shares |
| SALESFORCE INC | CRM | $681.12M | 1.8% | -30% shares |
| SYNOPSYS INC | SNPS | $676.81M | 1.8% | -3% shares |
What changed since Q3 2025
Against the Q3 2025 filing, Parnassus Investments opened 3 new positions, added to 47, trimmed 78, left 10 unchanged and exited 12. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-26-000636, filed by PARNASSUS INVESTMENTS, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.