Parnassus Investments Portfolio Trends: Quarterly Shifts in Tech, Healthcare, and Industrials
Parnassus Investments' portfolio as of March 31, 2026, shows significant increases in Apple and Eli Lilly, while positions in Deere & Co and Alphabet saw substantial reductions.
As of March 31, 2026, Parnassus Investments' portfolio, managed by the Parnassus Endeavor Fund, displayed notable quarterly trends across its top holdings. The fund's total portfolio value stood at $33.97 billion, with significant shifts observed in key sectors.
Among the top holdings, Apple Inc. (AAPL) stands out with a substantial increase in its share count, rising by 32.4% quarter-over-quarter. This significant growth in holdings of the tech giant suggests a notable shift in allocation towards consumer cyclical and technology sectors. For more details on Apple, visit AAPL.
Conversely, Deere & Co (DE) experienced a sharp decline, with its share count decreasing by 38.95%. This substantial reduction in the industrial equipment maker indicates a significant reduction in exposure to industrials. Further details on Deere & Co can be found at DE.
Other major changes include a decrease in Alphabet Inc. (GOOGL) shares by 29.49%, NVIDIA Corporation (NVDA) by 23.8%, Amazon.com Inc. (AMZN) by 26.13%, Waste Management Inc. (WM) by 11.25%, Applied Materials Inc. (AMAT) by 20.71%, and Realty Income Corporation (O) by 21.72%. These reductions span sectors including technology, industrials, and real estate.
Meanwhile, positions in Microsoft Corp (MSFT) and Eli Lilly & Co (LLY) saw decreases, though less pronounced than some of the reductions. Parnassus also maintained its position in healthcare with Eli Lilly, despite the quarterly share reduction.
For comprehensive data on Parnassus Investments, including their holdings and performance, please visit Parnassus Investments.