Parnassus Investments - Parnassus Endeavor Fund 13F Activity & Position Changes (Q4 2025)

As of Dec 31, 2025, the Parnassus Endeavor Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 12, 2026. 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 Q4 2025, the filing reported:

New Buys - CMS Energy Corporation, Ingersoll Rand Inc., Quanta Services, Inc.

Increases - StandardAero, Agilent Technologies, Inc., Apple Inc., Abbott Laboratories, Alnylam Pharmaceuticals, Inc., and 49 more

Reductions - Autodesk, Inc., Alcon, Allstate Corporation (The), Applied Materials, Inc., Advanced Micro Devices, Inc., and 76 more

Complete Exits - Applovin Corporation, Ball Corporation, Builders FirstSource, Inc., Comcast Corporation, Fiserv, Inc., and 7 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
Q4 2025	85423L103 StandardAero	StandardAero	Buy	+1,372,588	+120.4%	$72.05M	2,512,169
Q4 2025	A Agilent Technologies, Inc.	Agilent Technologies, Inc.	Buy	+120,483	+26.2%	$79.05M	580,939
Q4 2025	AAPL Apple Inc.	Apple Inc.	Buy	+1,518,322	+43.0%	$1.37B	5,049,172
Q4 2025	ABT Abbott Laboratories	Abbott Laboratories	Buy	+91,897	+17.5%	$77.22M	616,351
Q4 2025	ADSK Autodesk, Inc.	Autodesk, Inc.	Sell	-20,663	-6.8%	$84.06M	283,980
Q4 2025	ALC Alcon	Alcon	Sell	-174,388	-28.6%	$34.30M	435,222
Q4 2025	ALL Allstate Corporation (The)	Allstate Corporation (The)	Sell	-17,066	-7.8%	$41.93M	201,460
Q4 2025	ALNY Alnylam Pharmaceuticals, Inc.	Alnylam Pharmaceuticals, Inc.	Buy	+7,546	+20.4%	$17.72M	44,560
Q4 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-534,040	-14.2%	$829.34M	3,227,145
Q4 2025	AMD Advanced Micro Devices, Inc.	Advanced Micro Devices, Inc.	Sell	-457,832	-15.7%	$527.51M	2,463,159
Q4 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-2,082,896	-20.9%	$1.82B	7,887,228
Q4 2025	APP Applovin Corporation	Applovin Corporation	Sell - Position Exit	-22,707	-100.0%	$0.00	-
Q4 2025	APPF AppFolio, Inc.	AppFolio, Inc.	Buy	+1,050	+14.2%	$1.96M	8,438
Q4 2025	ARES Ares Management Corporation	Ares Management Corporation	Sell	-7,539	-1.8%	$65.07M	402,561
Q4 2025	ASML ASML	ASML	Buy	+216	+10.1%	$2.52M	2,358
Q4 2025	AVGO Broadcom Inc.	Broadcom Inc.	Sell	-56,781	-2.3%	$851.89M	2,461,410
Q4 2025	AZN Astrazeneca PLC	Astrazeneca PLC	Sell	-55,285	-4.3%	$113.78M	1,237,719
Q4 2025	AZO AutoZone, Inc.	AutoZone, Inc.	Sell	-39,613	-15.8%	$716.72M	211,328
Q4 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-2,780,853	-14.4%	$906.28M	16,477,774
Q4 2025	BALL Ball Corporation	Ball Corporation	Sell - Position Exit	-8,469,866	-100.0%	$0.00	-
Q4 2025	BEPC Brookfield Renewable	Brookfield Renewable	Sell	-304,681	-5.7%	$192.96M	5,032,949
Q4 2025	BILL BILL Holdings, Inc.	BILL Holdings, Inc.	Buy	+558,206	+61.6%	$79.84M	1,463,791
Q4 2025	BIO Bio-Rad Laboratories, Inc.	Bio-Rad Laboratories, Inc.	Sell	-63,188	-20.0%	$76.40M	252,140
Q4 2025	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-145,919	-5.8%	$273.91M	2,359,440
Q4 2025	BKNG Booking Holdings Inc. Common St	Booking Holdings Inc. Common St	Buy	+5	+10.0%	$294.54K	55
Q4 2025	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell - Position Exit	-126,309	-100.0%	$0.00	-
Q4 2025	BR Broadridge Financial Solutions,	Broadridge Financial Solutions,	Sell	-15,750	-4.1%	$81.37M	364,623
Q4 2025	BRO Brown & Brown, Inc.	Brown & Brown, Inc.	Sell	-630,126	-9.2%	$494.52M	6,204,729
Q4 2025	BSX Boston Scientific Corporation	Boston Scientific Corporation	Buy	+1,014,800	+14.7%	$753.19M	7,899,240
Q4 2025	C Citigroup, Inc.	Citigroup, Inc.	Sell	-45,769	-4.4%	$115.43M	989,173

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