Parnassus Investments - Parnassus Endeavor Fund Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 15, 2025 | |
| Total Stocks | 135 | |
| Portfolio Value | $41.62B |
Parnassus Endeavor Fund Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 2.4 years | Style | Average duration positions are maintained |
| Position Count | 180 | Style | Number of active positions in portfolio |
| Position Size | 1.1% | Risk | Typical allocation per position |
| Win Rate | 50.7% | Performance | Percentage of profitable positions |
| Average Return | 1672.0% | Performance | Mean return across positions |
| Sharpe Ratio | 0.15 | Performance | Return per unit of risk taken |
Investment Case Study: Microsoft Corp. (MSFT)
6/30/2013 - 8/4/2025
Performance Metrics
Total Return: 13,930.73%
Holding Period: 4418 days
Max Position Size: $2,680,228.00
Position Weight: 3.94%
Key Events
6/30/2013: ENTRY(100,000.00 shares) @ $0.03
12/31/2018: INCREASE(4,595,407.00 shares) @ $0.10
3/31/2019: DECREASE(-3,206.00 shares) @ $0.12
6/30/2019: INCREASE(4,126,121.00 shares) @ $0.13
9/30/2019: INCREASE(98,111.00 shares) @ $0.14
12/31/2019: DECREASE(-280,215.00 shares) @ $0.16
3/31/2020: DECREASE(-765,535.00 shares) @ $0.16
6/30/2020: DECREASE(-882,872.00 shares) @ $0.20
9/30/2020: DECREASE(-360,356.00 shares) @ $0.21
12/31/2020: INCREASE(126,502.00 shares) @ $0.22
3/31/2021: INCREASE(306,580.00 shares) @ $0.24
6/30/2021: INCREASE(861,038.00 shares) @ $0.27
9/30/2021: INCREASE(268,540.00 shares) @ $0.28
12/31/2021: DECREASE(-220,836.00 shares) @ $0.34
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure