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PARNASSUS INVESTMENTS, LLC

SEC Form 13F institutional filer · CIK 0000948669

13F-HR · 104 reported holdings · 2026-03-31

Asset management firm focused on sustainable investing.

Reported long-US-equity value

$32.90B

Top-10 concentration

38.7%

PARNASSUS INVESTMENTS, LLC — $32.9B AUM allocation strategy

PARNASSUS INVESTMENTS, LLC files SEC Form 13F and reports $32.9B of long US equity value across 104 reported holdings for 2026-03-31.

Its largest sector bet is Information Technology 21.0%, followed by Financials 9.3% and Industrials 8.9%.

The top 10 holdings account for 39% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

PARNASSUS INVESTMENTS, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$32.9B

total across 104 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

39% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$ODFL$VMC$CMS

+$ODFL +1.55M sh · +$317M+$VMC +1.53M sh · +$414M+$CMS +481K sh · +$48.5M

Biggest trims (shares)

$BRO$BAC$O

−$BRO −6.14M sh · −$490M−$BAC −1.67M sh · −$184M−$O −964K sh · +$13.7M

Added from nil (new positions)

$BLDR$META$CB

3 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$WDAY$NOW$ROP$IQV$EFX

$WDAY ($455M last qtr)$NOW ($353M last qtr)$ROP ($48.8M last qtr)$IQV ($41.5M last qtr)$EFX ($21.5M last qtr)

Sector allocation (share of reported value)

Information Technology 21%Financials 9%Industrials 9%Health Care 7%Communication Services 6%Consumer Discretionary 5%Real Estate 3%Materials 3%Other holdings 38%SECTORS
  • $XLKInformation Technology21.0%
  • $XLFFinancials9.3%
  • $XLIIndustrials8.9%
  • $XLVHealth Care7.2%
  • $XLCCommunication Services5.6%
  • $XLYConsumer Discretionary4.6%
  • $XLREReal Estate2.7%
  • $XLBMaterials2.5%
  • Other holdings38.2%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Semiconductors 7%Interactive Media & Services 6%Semiconductor Materials & Equipment 6%Systems Software 5%Broadline Retail 5%Life Sciences Tools & Services 5%Financial Exchanges & Data 5%Technology Hardware, Storage & Peripherals 4%Other holdings 60%INDUSTRIES
  • Semiconductors7.2%
  • Interactive Media & Services5.6%
  • Semiconductor Materials & Equipment5.5%
  • Systems Software4.7%
  • Broadline Retail4.6%
  • Life Sciences Tools & Services4.5%
  • Financial Exchanges & Data4.5%
  • Technology Hardware, Storage & Peripherals3.6%
  • Other holdings59.8%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$GOOGAlphabet Inc. Class C Capital Stock6.45M$1.85B-456K5.6%
$NVDANVIDIA Corporation9.44M$1.65B-162K5.0%
$MSFTMicrosoft Corporation4.19M$1.55B-313K4.7%
$AMZNAmazon.com Inc7.36M$1.53B-523K4.7%
$AAPLApple Inc4.67M$1.19B-374K3.6%
$WMWaste Management Inc4.98M$1.14B-296K3.5%
$DEDeere & Company1.89M$1.06B-754K3.2%
$AMATApplied Materials Inc2.98M$1.02B-245K3.1%
$ORealty Income Corporation14.1M$865M-964K2.6%
$LLYEli Lilly and Company935K$860M-74.9K2.6%

…and 94 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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