Parnassus Investments portfolio

What changed this quarter

113 positions with a change (3 new, 25 added to, 70 trimmed, 15 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Meta Platforms+9,571%more sharesIncreased
  under 0.1% → 2.0%
• Realty Income−94%fewer sharesReduced
  1.9% → 0.1%
• Advanced Micro Devices−38%fewer sharesReduced
  3.6% → 2.6%
• Applied Materials−36%fewer sharesReduced
  4.9% → 2.4%
• TJX+1.1 ppof portfolioNew
  — → 1.2%
• Taiwan Semiconductor Manufacturing+230%more sharesIncreased
  0.5% → 1.6%
• Procter & Gamble−1.0 ppof portfolioSold out
  1.0% → —
• Alphabet−19%fewer sharesReduced
  5.2% → 4.5%
• Astrazeneca+339%more sharesIncreased
  0.3% → 1.3%
• Marsh & Mclennan Companies−0.9 ppof portfolioSold out
  0.9% → —
• Cintas+0.9 ppof portfolioNew
  — → 1.0%
• Apple−21%fewer sharesReduced
  3.3% → 3.4%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• MicrosoftMSFT6.4%
• Amazon.comAMZN5.5%
• NVIDIANVDA5.2%
• AlphabetGOOGL4.5%
• AppleAAPL3.4%
• DeereDE2.9%
• Thermo Fisher ScientificTMO2.9%
• Waste ManagementWM2.6%
• Advanced Micro DevicesAMD2.6%
• MastercardMA2.6%
• BroadcomAVGO2.5%
• Applied MaterialsAMAT2.4%
• DanaherDHR2.2%
• LindeLIN2.1%
• DoorDashDASH2.0%
• KLAKLAC2.0%
• Meta PlatformsMETA2.0%
• W.W. GraingerGWW2.0%
• Bank of AmericaBAC2.0%
• S&P GlobalSPGI1.9%
• Intercontinental ExchangeICE1.9%
• Ferguson EnterprisesFERG1.7%
• StrykerSYK1.7%
• SynopsysSNPS1.6%
• Eli LillyLLY1.6%
• Taiwan Semiconductor ManufacturingTSM1.6%
• Vulcan MaterialsVMC1.6%
• Costco WholesaleCOST1.5%
• HubbellHUBB1.4%
• Marriott InternationalMAR1.4%
• AstrazenecaAZN1.3%
• GE VernovaGEV1.2%
• TJXTJX1.2%
• AutoZoneAZO1.1%
• Sherwin-williamsSHW1.0%
• Old Dominion Freight LineODFL1.0%
• Home DepotHD1.0%
• CintasCTAS1.0%
• Bank of New York MellonBNY0.7%
• JPMorgan ChaseJPM0.5%
• Verizon CommunicationsVZ0.5%
• Coca-ColaKO0.5%
• CBRE GroupCBRE0.4%
• Williams CompaniesWMB0.4%
• CMS EnergyCMS0.4%
• Brookfield RenewableBEPC0.4%
• Micron TechnologyMU0.4%
• SyscoSYY0.4%
• Charles SchwabSCHW0.4%
• Union PacificUNP0.4%
• CitigroupC0.3%
• Cigna GroupCI0.3%
• Agilent TechnologiesA0.3%
• ProgressivePGR0.3%
• CumminsCMI0.3%
• IntelINTC0.3%
• Western DigitalWDC0.3%
• CME GroupCME0.3%
• US Foods HoldingUSFD0.2%
• Edwards LifesciencesEW0.2%
• FedExFDX0.2%
• Guidewire SoftwareGWRE0.2%
• Abbott LaboratoriesABT0.2%
• Cboe Global MarketsCBOE0.2%
• Republic ServicesRSG0.2%
• VisaV0.2%
• WalmartWMT0.2%
• UnitedHealth GroupUNH0.2%
• NXP SemiconductorsNXPI0.2%
• Hilton Worldwide HoldingsHLT0.2%
• Boston ScientificBSX0.2%
• XylemXYL0.2%
• SnowflakeSNOW0.2%
• Berkley W RWRB0.2%
• CNH IndustrialCNH0.2%
• NICENICE0.2%
• Ingersoll RandIR0.2%
• OracleORCL0.2%
• Liberty MediaFWONK0.2%
• Lam ResearchLRCX0.2%
• Willis Towers WatsonWTW0.2%
• StandardAeroSARO0.2%
• Truist FinancialTFC0.2%
• O Reilly AutomotiveORLY0.1%
• AllstateALL0.1%
• MedlineMDLN0.1%
• Robinhood MarketsHOOD0.1%
• D.R. HortonDHI0.1%
• Realty IncomeO0.1%
• DICK'S Sporting GoodsDKS0.1%
• AutodeskADSK0.1%
• Royal Caribbean CruisesRCL0.1%
• NateraNTRA0.1%
• TeradyneTER0.1%
• CloudflareNET0.1%
• DatadogDDOG0.1%
• Rockwell AutomationROK0.1%
• Monolithic Power SystemsMPWR0.1%
• Twist BioscienceTWST0.1%
• InsuletPODD0.1%