Parnassus Investments - Parnassus Endeavor Fund 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 06, 2025, the Parnassus Endeavor Fund portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q2 2025, the filing reported:

New Buys - StandardAero, AerCap, Alcon, Alnylam Pharmaceuticals, Inc., Booking Holdings Inc. Common St, and 17 more

Increases - Amazon.com, Inc., AppFolio, Inc., Ares Management Corporation, ASML, Astrazeneca PLC, and 27 more

Reductions - Agilent Technologies, Inc., Apple Inc., Airbnb, Inc., Autodesk, Inc., Allstate Corporation (The), and 89 more

Complete Exits - Baxter International Inc., Fortinet, Inc., Gilead Sciences, Inc., Global Payments Inc., Hologic, Inc., and 4 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q2 2025	85423L103 StandardAero	StandardAero	Buy - Position Entry	+515,929	-	$16.33M	515,929
Q2 2025	A Agilent Technologies, Inc.	Agilent Technologies, Inc.	Sell	-903,951	-57.3%	$79.54M	674,048
Q2 2025	AAPL Apple Inc.	Apple Inc.	Sell	-124,144	-3.3%	$740.23M	3,607,907
Q2 2025	ABNB Airbnb, Inc.	Airbnb, Inc.	Sell	-7,009	-1.0%	$92.61M	699,766
Q2 2025	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-18,797	-5.6%	$97.42M	314,702
Q2 2025	AER AerCap	AerCap	Buy - Position Entry	+2,118	-	$247.81K	2,118
Q2 2025	ALC Alcon	Alcon	Buy - Position Entry	+916,801	-	$80.94M	916,801
Q2 2025	ALL Allstate Corporation (The)	Allstate Corporation (The)	Sell	-193,726	-46.0%	$45.71M	227,045
Q2 2025	ALNY Alnylam Pharmaceuticals, Inc.	Alnylam Pharmaceuticals, Inc.	Buy - Position Entry	+37,412	-	$12.20M	37,412
Q2 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-65,660	-1.9%	$611.26M	3,338,954
Q2 2025	AMD Advanced Micro Devices, Inc.	Advanced Micro Devices, Inc.	Sell	-151,361	-3.7%	$566.33M	3,991,057
Q2 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+93,220	+0.9%	$2.27B	10,348,666
Q2 2025	APP Applovin Corporation	Applovin Corporation	Sell	-45,602	-66.6%	$8.00M	22,845
Q2 2025	APPF AppFolio, Inc.	AppFolio, Inc.	Buy	+995	+17.0%	$1.58M	6,858
Q2 2025	ARES Ares Management Corporation	Ares Management Corporation	Buy	+337,989	+400.8%	$73.15M	422,328
Q2 2025	ASML ASML	ASML	Buy	+32	+2.3%	$1.12M	1,399
Q2 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-227,912	-4.8%	$1.25B	4,537,606
Q2 2025	AZN Astrazeneca PLC	Astrazeneca PLC	Buy	+62,220	+5.1%	$89.93M	1,286,979
Q2 2025	AZO AutoZone, Inc.	AutoZone, Inc.	Sell	-8,479	-3.3%	$936.06M	252,155
Q2 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-788,549	-3.9%	$922.33M	19,491,310
Q2 2025	BALL Ball Corporation	Ball Corporation	Sell	-3,727,756	-24.0%	$663.86M	11,835,650
Q2 2025	BAX Baxter International Inc.	Baxter International Inc.	Sell - Position Exit	-2,303,048	-100.0%	$0.00	-
Q2 2025	BEPC Brookfield Renewable Corporatio	Brookfield Renewable Corporatio	Buy	+407,294	+8.4%	$172.52M	5,263,087
Q2 2025	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Sell	-23,088	-6.9%	$14.37M	310,646
Q2 2025	BIO Bio-Rad Laboratories, Inc.	Bio-Rad Laboratories, Inc.	Sell	-893	-0.3%	$76.55M	317,218
Q2 2025	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-101,497	-3.8%	$232.10M	2,547,421
Q2 2025	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy - Position Entry	+45	-	$260.52K	45
Q2 2025	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+19,723	+18.3%	$14.90M	127,693
Q2 2025	BR Broadridge Financial Solutions,	Broadridge Financial Solutions,	Sell	-45,683	-10.4%	$95.46M	392,798
Q2 2025	BRO Brown & Brown, Inc.	Brown & Brown, Inc.	Sell	-210,685	-2.9%	$777.99M	7,017,120

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