1y return+13.4%S&P 500 +20.9%
3y return+51.7%S&P 500 +68.5%
5y return+52.3%S&P 500 +74.5%
10y return+235.0%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $335 against $357 in the S&P 500.2
Parnassus Investments, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| GOOGLAlphabet Inc | $2.0B | 5.2% | −14.8% |
| AMATApplied Matls Inc | $1.8B | 4.9% | −15.1% |
| MSFTMicrosoft Corp | $1.7B | 4.7% | +11.8% |
| NVDANvidia Corporation | $1.7B | 4.5% | −10.4% |
| AMZNAmazon Com Inc | $1.6B | 4.4% | −6.3% |
| AMDAdvanced Micro Devices Inc | $1.4B | 3.6% | −13.8% |
| KLACKla Corp | $1.3B | 3.5% | +717.9% |
| AAPLApple Inc | $1.2B | 3.3% | −7.6% |
| WMWaste Mgmt Inc Del | $1.1B | 2.9% | −3.8% |
| DEDeere & Co | $1.0B | 2.8% | −13.1% |
| Linde PLCCUSIP G54950103 | $823.2M | 2.2% | −6.7% |
| TMOThermo Fisher Scientific Inc | $822.0M | 2.2% | +9.0% |
| GWWWw Grainger Inc | $820.0M | 2.2% | −7.4% |
| MAMastercard Incorporated | $811.6M | 2.2% | −6.8% |
| AVGOBroadcom Inc | $799.0M | 2.1% | −7.3% |
| BACBank Of Amer Corp | $775.1M | 2.1% | −8.1% |
| ORealty Income Corp | $721.2M | 1.9% | −17.7% |
| DASHDoordash Inc | $717.2M | 1.9% | +3884.5% |
| DHRDanaher Corp Del | $699.9M | 1.9% | −7.6% |
| FERGFerguson Enterprises Inc | $672.5M | 1.8% | +8.6% |
| HDHome Depot Inc | $651.7M | 1.7% | −5.9% |
| LLYEli Lilly & Co | $630.3M | 1.7% | −43.8% |
| SNPSSynopsys Inc | $628.5M | 1.7% | −3.5% |
| SYKStryker Corporation | $605.9M | 1.6% | −5.5% |
| SPGIS&p Global Inc | $598.0M | 1.6% | −10.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $1.7B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $1.8B |
| AMDAdvanced Micro Devices Inc | December 31, 2022 | +796.9% | $1.4B |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $2.0B |
| DEDeere & Co | June 30, 2020 | +303.7% | $1.0B |
| GEVGe Vernova Inc | March 31, 2025 | +284.8% | $530.9M |
| LLYEli Lilly & Co | December 31, 2022 | +227.9% | $630.3M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $1.2B |
| COSTCostco Wholesale Corporation | June 30, 2020 | +208.5% | $584.7M |
| BNYBank Of Ny Mellon Corp | March 31, 2021 | +205.8% | $301.9M |
Sold off last quarter
- CRMSalesforce Inc was $364.0M
- VRSKVerisk Analytics Inc was $334.1M
- BIOBio Rad Labs Inc was $70.9M
- BILLBill Holdings Inc was $63.7M
- TRUTransunion was $61.6M
- BRBroadridge Finl Solutions In was $42.1M
- MTDMettler Toledo International was $17.5M
- ALNYAlnylam Pharmaceuticals Inc was $16.2M
- PCORProcore Technologies Inc was $16.1M
- INSMInsmed Inc was $11.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.3% | +14.8% |
| March 31, 2026 | −5.7% | −4.6% |
| December 31, 2025 | +2.3% | +2.4% |
| September 30, 2025 | +3.8% | +7.8% |
| June 30, 2025 | +9.8% | +10.5% |
| March 31, 2025 | −2.7% | −4.6% |
| December 31, 2024 | −0.3% | +2.1% |
| September 30, 2024 | +6.2% | +5.4% |
| June 30, 2024 | +0.5% | +4.0% |
| March 31, 2024 | +9.5% | +10.0% |
| December 31, 2023 | +12.0% | +11.2% |
| September 30, 2023 | −3.9% | −3.6% |
| June 30, 2023 | +6.7% | +8.3% |
| March 31, 2023 | +6.6% | +7.0% |
| December 31, 2022 | +10.1% | +7.1% |
| September 30, 2022 | −6.9% | −5.3% |
| June 30, 2022 | −15.3% | −16.5% |
| March 31, 2022 | −6.7% | −4.9% |
| December 31, 2021 | +10.2% | +10.7% |
| September 30, 2021 | −1.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Parnassus Investments, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=948669&type=13F-HR&dateb=&owner=include&count=40CIK 948669
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/948669/000117266126002908/Filed July 29, 2026 · accession 0001172661-26-002908