PARNASSUS INVESTMENTS LLC
Q4 2024 Form 13-F

SAN FRANCISCO, CALIFORNIA
CIK 0000948669 · CRD 316904 · SEC-registered investment adviser
Holdings reported by ABN AMRO INVESTMENT SOLUTIONS since Q4 2025 , PERSONAL CFO SOLUTIONS LLC since Q1 2023
$45.0B Reported Value Total

PARNASSUS INVESTMENTS, LLC reports 30 total accounts under management (AUM). There are 30 discretionary accounts valued at $45,658,173,524, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Firm Brochure (Part 2A) Client Relationship Summary (Form CRS)
Source: Form ADV filed 2026-09-15
Reported value
$45.0B
Quarter over quarter
-0.1%
Holdings
126
Top-10 concentration
37.3%

Filing Structure

Reports holdings for

Holdings reported by

Key People

Form ADV owners & control persons
Benjamin Elliot Allen
PRESIDENT, CEO AND MEMBER OF MANAGEMENT COMMITTEE
Todd Christopher Ahlsten
EXECUTIVE VICE PRESIDENT, CIO AND MEMBER OF MANAGEMENT COMMITTEE
Marc Carl Mahon
EXECUTIVE VICE PRESIDENT, CFO, COO AND MEMBER OF MANAGEMENT COMMITTEE
Q3 2024
Q1 2025
Go to latest

Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.

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Q4 2024 13F filing summary

Period of report December 31, 2024
Filed February 10, 2025
Form 13F-HR
Reported value $45.0B
Positions 126
Change in reported value -4.5%
New positions 8
Exited positions 8
Position turnover 11.9%
Top-10 concentration 37.3%

13F filings by quarter

Quarter Positions Value
Q3 2026 13F
Filed Oct 22, 2026
 123 $33.8B
Q2 2026 13F
Filed Jul 29, 2026
 135 $37.4B
Q1 2026 13F
Filed May 12, 2026
 135 $34.1B
Q4 2025 13F
Filed Feb 12, 2026
 138 $38.6B
Q3 2025 13F
Filed Oct 24, 2025
 147 $43.3B
Q2 2025 13F
Filed Aug 6, 2025
 148 $43.4B
Q1 2025 13F
Filed May 15, 2025
 135 $41.6B
Q4 2024 13F
Filed Feb 10, 2025
 126 $45.0B
Q3 2024 13F
Filed Nov 8, 2024
 126 $47.1B
Q2 2024 13F
Filed Aug 6, 2024
 129 $45.9B
Q1 2024 13F
Filed May 9, 2024
 135 $46.8B
Q4 2023 13F
Filed Feb 12, 2024
 130 $45.0B
Q3 2023 13F
Filed Nov 8, 2023
 139 $40.9B
Q2 2023 13F
Filed Jul 31, 2023
 134 $43.1B
Q1 2023 13F
Filed May 1, 2023
 136 $40.3B
Q4 2022 13F
Filed Jan 30, 2023
 136 $40.3B
Q3 2022 13F
Filed Nov 14, 2022
 127 $38.4B
Q2 2022 13F
Filed Aug 5, 2022
 129 $41.9B
Q1 2022 13F
Filed May 11, 2022
 130 $49.4B
Q4 2021 13F
Filed Feb 11, 2022
 130 $52.1B

34 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q4 2024

# Holding Reported value % of portfolio
1 MSFT MICROSOFT CORP $2.5B 5.6%
2 AMZN AMAZON COM INC $2.5B 5.44%
3 NVDA NVIDIA CORPORATION $2.2B 4.84%
4 GOOGL ALPHABET INC $2.0B 4.4%
5 DE DEERE & CO $1.5B 3.25%
6 MA MASTERCARD INCORPORATED $1.4B 3.09%
7 WM WASTE MGMT INC DEL $1.3B 2.81%
8 AVGO BROADCOM INC $1.2B 2.73%
9 O REALTY INCOME CORP $1.2B 2.69%
10 SPGI S&P GLOBAL INC $1.1B 2.46%
11 ICE INTERCONTINENTAL EXCHANGE IN $1.1B 2.41%
12 CRM SALESFORCE INC $1.1B 2.4%
13 BALL BALL CORP $1.0B 2.31%
14 FISV FISERV INC $998.7M 2.22%
15 AAPL APPLE INC $985.5M 2.19%
16 BAC BANK AMERICA CORP $931.0M 2.07%
17 LIN LINDE PLC $904.3M 2.01%
18 AZO AUTOZONE INC $891.9M 1.98%
19 CI THE CIGNA GROUP $772.9M 1.72%
20 MRSH MARSH & MCLENNAN COS INC $758.1M 1.68%

Values as reported on the Q4 2024 Form 13F. Every position is in the holdings table below.

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