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

According to the SEC 13F filed on Feb 12, 2026, the Parnassus Endeavor Fund portfolio showed several notable changes in holdings as of quarter-end Dec 31, 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 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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