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Asset Manager ← All Institutions

PARNASSUS INVESTMENTS, LLC

Q2 2025 · Filed 2025-08-06
Market Value
$43.3B
+4.2%
Holdings
156
+14
New Purchases
22
Added To
31
Closed
9
Reduced
94
Top 10 Concentration
38.6%
Turnover
19.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 5.26% 3.75% +1.51% $2.3B
DHR 2.88% 1.89% +0.99% $1.2B
AVGO 2.89% 1.92% +0.97% $1.3B
AMZN 5.25% 4.70% +0.55% $2.3B
ORCL 1.41% 0.95% +0.45% $609M
GOOGL 4.03% 3.60% +0.43% $1.7B
SNPS 1.76% 1.41% +0.35% $759M
INTU 2.06% 1.73% +0.34% $893M
TMO 2.03% 1.70% +0.33% $878M
FERG 1.58% 1.26% +0.32% $684M
AMD 1.31% 1.02% +0.28% $566M
NOW 1.51% 1.25% +0.26% $655M
KLAC 1.36% 1.10% +0.26% $587M
WTW 0.24% 0.00% +0.24% $105M
AMAT 1.41% 1.19% +0.22% $611M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CI 0.22% 2.29% -2.07% $95M
FI 1.68% 2.29% -0.62% $725M
BLL 1.53% 1.95% -0.42% $664M
BRO 1.80% 2.17% -0.37% $778M
VRTX 1.76% 2.07% -0.31% $762M
MMC 1.34% 1.64% -0.30% $581M
AAPL 1.71% 2.00% -0.29% $740M
WM 3.02% 3.30% -0.28% $1.3B
PFE 0.00% 0.27% -0.27% $0
SPG 0.00% 0.27% -0.27% $0
A 0.18% 0.44% -0.26% $80M
GPN 0.00% 0.26% -0.26% $0
AZO 2.16% 2.39% -0.23% $936M
LLY 1.53% 1.76% -0.23% $661M
PG 1.18% 1.39% -0.21% $509M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 31 $18.9B 43.7%
Large Cap 111 $23.9B 55.3%
Mid Cap 14 $464M 1.1%

Portfolio Analytics

Avg Market Cap
$277.5B
Median Market Cap
$66.4B
Avg P/E
31.8
Median P/E
28.2
Avg Dividend Yield
0.01%
Avg Beta
1.07
# Stocks
156
# ETFs / Funds
0

Top Holdings (156 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 6.03% 5,243,567 $2.6B $497.41 $187M -1,207,404 -18.7%
2 NVDA 5.26% 14,409,647 $2.3B $157.99 $718M +28,552 +0.2%
3 AMZN 5.25% 10,348,666 $2.3B $219.39 $319M +93,220 +0.9%
4 GOOGL 4.03% 9,894,598 $1.7B $176.23 $250M +233,668 +2.4%
5 DE 3.68% 3,129,594 $1.6B $508.49 $86M -78,323 -2.4%
6 WM 3.02% 5,712,714 $1.3B $228.82 -$64M -211,462 -3.6%
7 AVGO 2.89% 4,537,606 $1.3B $275.65 $453M -227,912 -4.8%
8 DHR 2.88% 6,317,534 $1.2B $197.54 $463M +2,489,510 +65.0%
9 ICE 2.81% 6,629,807 $1.2B $183.47 $29M -251,926 -3.7%
10 MA 2.78% 2,138,691 $1.2B $561.94 -$17M -85,623 -3.9%
11 SPGI 2.48% 2,036,677 $1.1B $527.29 $4M -68,364 -3.2%
12 O 2.45% 18,386,115 $1.1B $57.61 -$44M -636,474 -3.4%
13 LIN 2.32% 2,142,263 $1.0B $469.18 $51M +92,712 +4.5%
14 AZO 2.16% 252,155 $936M $3,712.23 -$58M -8,479 -3.2%
15 BAC 2.13% 19,491,310 $922M $47.32 $76M -788,549 -3.9%
16 INTU 2.06% 1,134,238 $893M $787.63 $176M -34,740 -3.0%
17 TMO 2.03% 2,165,258 $878M $405.46 $171M +744,827 +52.4%
18 BRO 1.80% 7,017,120 $778M $110.87 -$121M -210,685 -2.9%
19 VRTX 1.76% 1,711,440 $762M $445.20 -$98M -61,278 -3.5%
20 SNPS 1.76% 1,481,292 $759M $512.68 $175M +117,982 +8.7%
21 AAPL 1.71% 3,607,907 $740M $205.17 -$89M -124,144 -3.3%
22 FI 1.68% 4,203,673 $725M $172.41 -$227M -106,737 -2.5%
23 SYK 1.64% 1,787,988 $707M $395.63 $24M -47,791 -2.6%
24 FERG 1.58% 3,142,599 $684M $217.75 $161M -121,517 -3.7%
25 WDAY 1.58% 2,845,644 $683M $240.00 -$17M -150,785 -5.0%
26 CRM 1.56% 2,474,812 $675M $272.69 $4M -26,788 -1.1%
27 BLL 1.53% 11,835,650 $664M $56.09 -$147M -3,727,756 -23.9%
28 LLY 1.53% 847,576 $661M $779.53 -$68M -35,204 -4.0%
29 NOW 1.51% 636,994 $655M $1,028.08 $135M -15,914 -2.4%
30 AMAT 1.41% 3,338,954 $611M $183.07 $117M -65,660 -1.9%
31 ORCL 1.41% 2,783,475 $609M $218.63 $212M -49,606 -1.8%
32 KLAC 1.36% 655,060 $587M $895.74 $131M -15,381 -2.3%
33 MMC 1.34% 2,659,484 $581M $218.64 -$101M -137,993 -4.9%
34 AMD 1.31% 3,991,057 $566M $141.90 $141M -151,361 -3.6%
35 MAR 1.23% 1,953,962 $534M $273.21 $52M -69,315 -3.4%
36 PG 1.18% 3,196,389 $509M $159.32 -$68M -193,659 -5.7%
37 EFX 1.07% 1,779,843 $462M $259.37 $14M -56,684 -3.1%
38 SHW 1.01% 1,269,300 $436M $343.36 -$30M -64,641 -4.8%
39 COST 0.99% 434,151 $430M $989.94 -$50M -73,212 -14.4%
40 VRSK 0.82% 1,132,296 $353M $311.50 $5M -35,599 -3.0%
41 CBRE 0.58% 1,789,527 $251M $140.12 $11M -45,929 -2.5%
42 BK 0.54% 2,547,421 $232M $91.11 $10M -101,497 -3.8%
43 BEPC 0.40% 5,263,087 $173M $32.78 $37M +407,294 +8.4%
44 DHI 0.39% 1,292,047 $167M $128.92 $1M -9,346 -0.7%
45 JPM 0.35% 519,146 $151M $289.91 $59M +145,324 +38.9%
46 VZ 0.28% 2,805,084 $121M $43.27 -$29M -499,174 -15.1%
47 SCHW 0.28% 1,306,604 $119M $91.24 $17M -720 -0.1%
48 SYY 0.27% 1,564,203 $118M $75.74 -$35M -479,175 -23.4%
49 CMI 0.26% 342,038 $112M $327.50 $2M -8,931 -2.5%
50 UNP 0.26% 484,149 $111M $230.08 -$3M +266 +0.1%
51 PGR 0.24% 392,685 $105M $266.86 -$12M -18,904 -4.6%
52 WTW 0.24% 341,414 $105M $306.50 +341,414 NEW
53 TSM 0.24% 457,244 $104M $226.49 $23M -30,130 -6.2%
54 FIS 0.23% 1,234,774 $101M $81.41 $2M -79,853 -6.1%
55 ADSK 0.23% 314,702 $97M $309.57 $10M -18,797 -5.6%
56 BR 0.22% 392,798 $95M $243.03 -$11M -45,683 -10.4%
57 JBHT 0.22% 663,090 $95M $143.60 -$15M -85,183 -11.4%
58 CI 0.22% 285,917 $95M $330.58 -$855M -2,599,666 -90.1%
59 V 0.22% 266,080 $94M $355.05 -$495K -4,897 -1.8%
60 ABNB 0.21% 699,766 $93M $132.34 $8M -7,009 -1.0%
61 WDC 0.21% 1,437,621 $92M $63.99 -$11M -1,115,993 -43.7%
62 TRU 0.20% 1,006,054 $89M $88.00 -$737K -69,616 -6.5%
63 FDX 0.20% 384,194 $87M $227.31 -$3M +14,826 +4.0%
64 C 0.20% 1,021,369 $87M $85.12 -$2M -231,067 -18.4%
65 RSG 0.20% 352,433 $87M $246.61 -$11M -51,128 -12.7%
66 CME 0.20% 314,138 $87M $275.62 $3M -1,841 -0.6%
67 0HQN.L 0.19% 356,111 $83M $233.21 -$9M -52,094 -12.8%
68 HLT 0.19% 311,242 $83M $266.34 $27M +64,838 +26.3%
69 ALC 0.19% 916,801 $81M $88.28 +916,801 NEW
70 A 0.18% 674,048 $80M $118.01 -$105M -903,951 -57.3%
71 NICE 0.18% 466,429 $79M $168.91 -$6M -84,033 -15.3%
72 BIO 0.18% 317,218 $77M $241.32 -$928K -893 -0.3%
73 ARES 0.17% 422,328 $73M $173.20 $61M +337,989 +400.8%
74 CMCSA 0.16% 1,989,492 $71M $35.69 -$47K +63,967 +3.3%
75 LRCX 0.16% 728,028 $71M $97.34 $15M -44,430 -5.8%
76 USFD 0.16% 910,863 $70M $77.01 $6M -69,870 -7.1%
77 NVO 0.16% 1,011,546 $70M $69.02 $6M +85,463 +9.2%
78 ODFL 0.16% 418,252 $68M $162.30 -$10M -55,010 -11.6%
79 HUBB 0.15% 163,487 $67M $408.41 $9M -10,071 -5.8%
80 MU 0.15% 535,860 $66M $123.25 -$19M -442,232 -45.2%
81 WRB 0.15% 894,317 $66M $73.47 -$4M -83,857 -8.6%
82 UNH 0.15% 208,616 $65M $311.97 -$51M -12,180 -5.5%
83 XYL 0.15% 501,727 $65M $129.36 -$17M -181,936 -26.6%
84 TFC 0.15% 1,476,432 $63M $42.99 -$18M -505,881 -25.5%
85 ORLY 0.14% 689,413 $62M $90.13 -$32M +623,879 +952.0%
86 TEAM 0.14% 304,117 $62M $203.09 $8M +48,767 +19.1%
87 POOL 0.13% 197,711 $58M $291.48 -$10M -13,524 -6.4%
88 ROP 0.13% 97,083 $55M $566.84 -$6M -7,101 -6.8%
89 GWRE 0.13% 231,191 $54M $235.45 -$15M -136,934 -37.2%
90 REGN 0.12% 101,084 $53M $525.00 +101,084 NEW
91 CSGP 0.12% 655,398 $53M $80.40 +655,398 NEW
92 VMC 0.12% 197,796 $52M $260.82 +197,796 NEW
93 TTD 0.11% 647,351 $47M $71.99 -$35M -849,445 -56.8%
94 SNDK 0.11% 1,019,161 $46M $45.35 $10M +267,816 +35.6%
95 ALL 0.11% 227,045 $46M $201.31 -$41M -193,726 -46.0%
96 WMT 0.11% 466,056 $46M $97.78 +466,056 NEW
97 PNR 0.11% 443,547 $46M $102.66 $4M -31,286 -6.6%
98 INTC 0.10% 1,956,351 $44M $22.40 $3M +144,227 +8.0%
99 CPRT 0.10% 881,799 $43M $49.07 $328K +122,968 +16.2%
100 IQV 0.08% 207,331 $33M $157.59 -$22M -100,936 -32.7%

New Positions

SymbolValue% Port
WTW $105M 0.24%
ALC $81M 0.19%
REGN $53M 0.12%
CSGP $53M 0.12%
VMC $52M 0.12%
WMT $46M 0.11%
RCL $19M 0.04%
SARO $16M 0.04%
ALNY $12M 0.03%
INSM $798K —%
SE $411K —%
SAP $338K —%
SPOT $311K —%
RELX $283K —%
BKNG $261K —%

Sold Out Positions

SymbolValue% Port
BAX —%
SPG —%
KEY —%
PFE —%
GPN —%
GILD —%
FTNT —%
RGEN —%
HOLX —%
View SEC EDGAR Filings for PARNASSUS INVESTMENTS, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms