# EDGAR Filing Document

**Accession Number:** 0000747546
**File Stem:** 0001752724-25-181419
**Filing Date:** 2025-7
**Character Count:** 22041
**Document Hash:** 9e37459dfc2ab83a6f17481e4020a5a6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181419.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181419

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARNASSUS FUNDS
- **CENTRAL INDEX KEY:** 0000747546

**ORGANIZATION NAME:**
- **EIN:** 946579180
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04044
- **FILM NUMBER:** 251158187

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MARKET #1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 4157780200

**MAIL ADDRESS:**
- **STREET 1:** ONE MARKET #1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARNASSUS FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RENAISSANCE FUND/MA
- **DATE OF NAME CHANGE:** 19841206

## Series and Classes Contracts Data

### Parnassus International Equity Fund (Series ID: S000091873)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000259717 | Investor Shares      |  |
| C000259718 | Institutional Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Parnassus Funds

- **b. Investment Company Act file number:** 811-04044

- **c. CIK number of Registrant:** 0000747546

- **d. LEI of Registrant:** 254900NG8E5H7DEOIQ09

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1 Market Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 415-778-0200

**Item A.2. Information about the Series.**

- **a. Name of Series:** Parnassus International Equity Fund

- **b. EDGAR series identifier (if any):** S000091873

- **c. LEI of Series:** 529900RVUMML5DZMZC71

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $12089091.22

**Total Liabilities:** $44550.65

**Net Assets:** $12044540.57

**Cash Not Reported:** $126359.34

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259717 | 0.53%                | 5.17%                | 2.77%                |
| Class ID C000259718 | 0.53%                | 5.24%                | 2.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $41563.52                                  |
| Month 2  | $-15064.75               | $424860.75                                 |
| Month 3  | $5474.94                 | $298997.72                                 |

### Schedule of Portfolio Investments

| Name                                 | Title                                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADYEN NV /EUR/                       | ADYEN NV /EUR/ 144A 0.00000000                                                     | CUSIP: N3501V104<br>LEI: 724500973ODKK3IFQ447 | Long             | EC               | CORP              | NL        |        71 | NS      | $130394.15    | 1.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                | SPOTIFY TECHNOLOGY SA 0.00000000                                                   | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |       405 | NS      | $310772.70    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC /GBP/                   | UNILEVER PLC /GBP/ 0.00000000                                                      | CUSIP: G92087165<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |      3497 | NS      | $213408.83    | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                | WASTE CONNECTIONS INC 0.00000000                                                   | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |      1130 | NS      | $210993.60    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| KONINKLIJKE PHILIPS NV /EUR/         | KONINKLIJKE PHILIPS NV /EUR/ 0.00000000                                            | CUSIP: N7637U112<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |      4378 | NS      | $105126.05    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| FERGUSON ENTERPRISES INC             | FERGUSON ENTERPRISES INC 0.00000000                                                | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |       639 | NS      | $139142.25    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPAGNIE DE SAINT GOBAI /EUR/       | COMPAGNIE DE SAINT GOBAIN /EUR/ 0.00000000                                         | CUSIP: F80343100<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |      2014 | NS      | $236595.14    | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC CORP /JPY/                       | NEC CORP /JPY/ 0.00000000                                                          | CUSIP: J48818207<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |     14571 | NS      | $425109.70    | 3.53%             |  |  |  | No            |                  2 | On Loan: No      |
| SANOFI  ADR_                         | SANOFI ADR            1 ADR REPRESENTS .5 ORDINARY  SHARE OF DEPOSITARY 0.00000000 | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |      4189 | NS      | $202370.59    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS ENERGY AG /EUR/              | SIEMENS ENERGY AG /EUR/ 0.00000000                                                 | CUSIP: D6T47E106<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |      2778 | NS      | $324695.20    | 2.70%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY GROUP CORP /JPY/                | SONY GROUP CORP /JPY/ 0.00000000                                                   | CUSIP: J76379106<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      8358 | NS      | $217310.73    | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| 3I GROUP PLC /GBP/                   | 3I GROUP PLC /GBP/ 0.00000000                                                      | CUSIP: G88473148<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |      5907 | NS      | $334290.19    | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDON STOCK EXCHANGE GR /GBP/       | LONDON STOCK EXCHANGE GROUP /GBP/ 0.00000000                                       | CUSIP: G5689U103<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |      1439 | NS      | $210449.74    | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| FULL TRUCK ALLIANCE -SPN ADR         | FULL TRUCK ALLIANCE -SPN ADR 0.00000000                                            | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | KY        |     19214 | NS      | $226917.34    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE I /CAD/       | CONSTELLATION SOFTWARE INC /CAD/ 0.00000000                                        | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |        62 | NS      | $227338.65    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| HALEON PLC /GBP/                     | HALEON PLC /GBP/ 0.00000000                                                        | CUSIP: G4232K100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |     43789 | NS      | $225059.30    | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| UCB SA /EUR/                         | UCB SA /EUR/ 0.00000000                                                            | CUSIP: B93562120<br>LEI: 2138008J191VLSGY5A09 | Long             | EC               | CORP              | BE        |       619 | NS      | $121793.09    | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD CORP /CAD/                | BROOKFIELD CORP /CAD/ 0.00000000                                                   | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |      4155 | NS      | $257156.89    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMATSU LTD /JPY/                    | KOMATSU LTD /JPY/ 0.00000000                                                       | CUSIP: J35759125<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |      7641 | NS      | $252103.64    | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD /SGD/         | DBS GROUP HOLDINGS LTD /SGD/ 0.00000000                                            | CUSIP: Y20246107<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |      6852 | NS      | $241889.86    | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                 | BOOKING HOLDINGS INC 0.00000000                                                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        45 | NS      | $260515.80    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC - SPON ADR                  | RELX PLC - SPON ADR 0.00000000                                                     | CUSIP: 759530108<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |      5207 | NS      | $282948.38    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE TELEKOM AG-REG /EUR/        | DEUTSCHE TELEKOM AG-REG /EUR/ 0.00000000                                           | CUSIP: D2035M136<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |      9349 | NS      | $342207.06    | 2.84%             |  |  |  | No            |                  2 | On Loan: No      |
| LINDE PLC                            | LINDE PLC 0.00000000                                                               | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       487 | NS      | $228490.66    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DSV DKK1 /DKK/                       | DSV DKK1 /DKK/ 0.00000000                                                          | CUSIP: K31864117<br>LEI: 529900X41C0BSLK67H70 | Long             | EC               | CORP              | DK        |       989 | NS      | $237215.95    | 1.97%             |  |  |  | No            |                  2 | On Loan: No      |
| SEA LTD-ADR                          | SEA LTD-ADR 0.00000000                                                             | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      2569 | NS      | $410885.86    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CAIXABANK SA /EUR/                   | CAIXABANK SA /EUR/ 0.00000000                                                      | CUSIP: E2427M123<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | EC               | CORP              | ES        |     28457 | NS      | $246574.51    | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC-SPONS ADR            | ASTRAZENECA PLC-SPONS ADR 0.00000000                                               | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      3084 | NS      | $215509.92    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA /EUR/                  | UNICREDIT SPA /EUR/ 0.00000000                                                     | CUSIP: T9T23L642<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |      3681 | NS      | $246933.93    | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NINTENDO CO LTD /JPY/                | NINTENDO CO LTD /JPY/ 0.00000000                                                   | CUSIP: J51699106<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |      2756 | NS      | $264658.24    | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD               | ARCH CAPITAL GROUP LTD 0.00000000                                                  | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |      2317 | NS      | $210962.85    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESENIUS MEDICAL CARE AG & CO /EUR/ | FRESENIUS MEDICAL CARE AG & CO /EUR/ 0.00000000                                    | CUSIP: D2734Z107<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |      5489 | NS      | $315371.43    | 2.62%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR          | TAIWAN SEMICONDUCTOR SPONSORED ADR /1 ADR REPS 5 ORD SHS/ 0.00000000               | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1374 | NS      | $311197.26    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TESCO PLC /GBP/                      | TESCO PLC /GBP/ 0.00000000                                                         | CUSIP: G8T67X102<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |     45103 | NS      | $248676.43    | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                              | CRH PLC 0.00000000                                                                 | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |      2370 | NS      | $217566.00    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC             | WILLIS TOWERS WATSON PLC 0.00000000                                                | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |      1099 | NS      | $336843.50    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                     | MERCADOLIBRE INC 0.00000000                                                        | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |        96 | NS      | $250908.48    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD CO LTD-H /HKD/                   | BYD CO LTD-H /HKD/ 0.00000000                                                      | CUSIP: Y1023R104<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     12985 | NS      | $202176.88    | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| INFINEON TECHNOLOGIES AG /EUR/       | INFINEON TECHNOLOGIES AG /EUR/ 0.00000000                                          | CUSIP: D35415104<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |      3320 | NS      | $141671.18    | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE-SPONSORED ADR                 | SAP SE-SPONSORED ADR 0.00000000                                                    | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      1113 | NS      | $338463.30    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DANONE /EUR/                         | DANONE /EUR/ 0.00000000                                                            | CUSIP: F12033134<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |      3868 | NS      | $316492.66    | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML HOLDING NV /EUR/                | ASML HOLDING NV /EUR/ 0.00000000                                                   | CUSIP: N07059202<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       168 | NS      | $134624.58    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| MUENCHENER RUECKVER AG-R /EUR/       | MUENCHENER RUECKVER AG-REG /EUR/ 0.00000000                                        | CUSIP: D55535104<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |       487 | NS      | $316225.88    | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| SIEMENS AG-REG /EUR/                 | SIEMENS AG-REG /EUR/ 0.00000000                                                    | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |       958 | NS      | $246070.15    | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP HOLDINGS NV                   | AERCAP HOLDINGS NV 0.00000000                                                      | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |      2118 | NS      | $247806.00    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BOERSE AG /EUR/             | DEUTSCHE BOERSE AG /EUR/ 0.00000000                                                | CUSIP: D1882G119<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |       708 | NS      | $231296.19    | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL NV                    | CNH INDUSTRIAL NV 0.00000000                                                       | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |     18511 | NS      | $239902.56    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                             | ICON PLC 0.00000000                                                                | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |       766 | NS      | $111414.70    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCHE HOLDING AG-GENUSSC /CHF/       | ROCHE HOLDING AG-GENUSSCHEIN /CHF/ 0.00000000                                      | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |       338 | NS      | $110329.93    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Parnassus Funds

**Signature:** Marc C. Mahon

**Name of Signer:** Marc C. Mahon

**Title:** Principal Financial Officer