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Parnassus Investments Portfolio holdings
AUM
$37.4B
1-Year Est. Return
35.42%
This Fund
S&P 500
This Quarter
Est. Return
+12.39%
1 Year Est. Return
+35.42%
3 Year Est. Return
+106.24%
5 Year Est. Return
+128.96%
10 Year Est. Return
+492.3%
AUM
$46.8B
AUM Growth
+$1.76B
(+3.9%)
Cap. Flow
-$2.54B
Cap. Flow
% of AUM
-5.43%
Top 10 Holdings %
Top 10 Hldgs %
36.3%
Holding
143
New
12
Increased
30
Reduced
68
Closed
7
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$553M |
| 2 |
Verizon
VZ
|
+$509M |
| 3 |
Micron Technology
MU
|
+$364M |
| 4 |
Realty Income
O
|
+$327M |
| 5 |
Charter Communications
CHTR
|
+$315M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$809M |
| 2 |
Oracle
ORCL
|
+$694M |
| 3 |
Nutrien
NTR
|
+$352M |
| 4 |
Texas Instruments
TXN
|
+$348M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.91% |
| 2 | Financials | 18.35% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 8.76% |
| 5 | Communication Services | 8.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Charter Communications
CHTR
$18.2B
| $755M | 1.61% |
2,599,026
+978,484
| +60% | +$315M |
|
|
27
Verizon
VZ
$196B
| $748M | 1.6% |
17,832,860
+12,621,968
| +242% | +$509M |
|
28
D.R. Horton
DHI
$42.3B
| $728M | 1.56% |
4,424,810
-511,144
| -10% | -$76.6M |
|
29
Danaher
DHR
$144B
| $715M | 1.53% |
2,862,963
-28,387
| -1% | -$6.93M |
|
|
30
Micron Technology
MU
$991B
| $686M | 1.47% |
5,820,431
+4,023,975
| +224% | +$364M |
|
31
Procter & Gamble
PG
$339B
| $624M | 1.33% |
3,844,268
-38,981
| -1% | -$6.11M |
|
32
Marriott International
MAR
$92.3B
| $614M | 1.31% |
2,433,030
-24,352
| -1% | -$5.9M |
|
|
33
Broadcom
AVGO
$2.04T
| $591M | 1.26% |
+4,460,350
| New | +$553M |
|
34
Costco
COST
$420B
| $564M | 1.2% |
769,447
-7,280
| -0.9% | -$5.2M |
|
35
Equifax
EFX
$21.4B
| $552M | 1.18% |
2,065,043
-20,836
| -1% | -$5.3M |
|
36
Verisk Analytics
VRSK
$25B
| $508M | 1.09% |
2,155,066
-65,652
| -3% | -$15.8M |
|
37
Mondelez International
MDLZ
$79.9B
| $469M | 1% |
6,701,174
-66,425
| -1% | -$4.85M |
|
38
Adobe
ADBE
$105B
| $335M | 0.72% |
663,014
+73,588
| +12% | +$42.2M |
|
|
39
Realty Income
O
$59.1B
| $327M | 0.7% |
+6,037,163
| New | +$327M |
|
|
40
Nutrien
NTR
$30.7B
| $286M | 0.61% |
5,262,170
-6,755,011
| -56% | -$352M |
|
41
Fidelity National Information Services
FIS
$22.1B
| $269M | 0.58% |
3,632,502
-890,414
| -20% | -$58M |
|
42
Ross Stores
ROST
$81.9B
| $232M | 0.5% |
1,578,867
-562,876
| -26% | -$80.6M |
|
|
BNY
43
Bank of New York Mellon
BNY
$107B
| $229M | 0.49% |
3,975,054
-826,770
| -17% | -$45.5M |
|
44
Progressive
PGR
$125B
| $183M | 0.39% |
882,681
-882,059
| -50% | -$164M |
|
45
Agilent Technologies
A
$41.2B
| $169M | 0.36% |
1,159,801
-582,233
| -33% | -$79.7M |
|
46
CBRE Group
CBRE
$42.9B
| $162M | 0.35% |
1,670,819
+550,646
| +49% | +$49.4M |
|
47
Global Payments
GPN
$22.8B
| $151M | 0.32% |
1,128,745
| – | – |
|
48
Guidewire Software
GWRE
$14.2B
| $137M | 0.29% |
1,169,946
+799,584
| +216% | +$91.4M |
|
|
SCHW
49
Charles Schwab
SCHW
$187B
| $135M | 0.29% |
1,868,905
| – | – |
|
50
Cummins
CMI
$88.7B
| $134M | 0.29% |
455,464
| – | – |
|
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Parnassus Investments's Q1 2024 Portfolio in Review
As of Q1 2024, Parnassus Investments held 143 positions worth $46.8B, up 3.9% from $45B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Parnassus Investments withdrew a net $2.54B in Q1 2024, closing 7 positions and reducing 68 holdings. Its most notable exit was Texas Instruments, an estimated $348M position sold in full.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 32% a quarter earlier, followed by Financials and Industrials.
Against the trend, Parnassus Investments opened a new position in Broadcom worth $591M.
- Parnassus Investments's largest Q1 2024 buy was Broadcom: 4,460,350 shares worth $591M.
- Parnassus Investments added most to Verizon in Q1 2024, an estimated $509M increase.
- Parnassus Investments's biggest Q1 2024 reduction was Gilead Sciences, cutting an estimated $809M.
- Parnassus Investments fully exited Texas Instruments in Q1 2024, selling an estimated $348M.
- Parnassus Investments's ten largest holdings make up 36% of its $46.8B portfolio in Q1 2024.
- Parnassus Investments opened 12 new positions and closed 7 in Q1 2024.
- Parnassus Investments's portfolio value rose 3.9% quarter-over-quarter to $46.8B.
Based on Parnassus Investments's 13F filing for Q1 2024, filed 9 May 2024.