# EDGAR Filing Document

**Accession Number:** 0000866256
**File Stem:** 0001752724-25-181415
**Filing Date:** 2025-7
**Character Count:** 16801
**Document Hash:** 378fc56a3f543ee96d2aacbfcda47706
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181415.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181415

**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 II
- **CENTRAL INDEX KEY:** 0000866256

**ORGANIZATION NAME:**
- **EIN:** 946633178
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 25490076SJ8OS37PWC23

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06673
- **FILM NUMBER:** 251158188

**BUSINESS ADDRESS:**
- **STREET 1:** 1 MARKET ST STE 1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105-1467
- **BUSINESS PHONE:** 4157780200

**MAIL ADDRESS:**
- **STREET 1:** 1 MARKET ST STE 1600
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105-1467

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARNASSUS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20050304

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

## Series and Classes Contracts Data

### Parnassus Core Equity Fund (Series ID: S000000856)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000002471 | Investor Shares      | PRBLX           |
| C000102327 | Institutional Shares | PRILX           |

## 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 II

- **b. Investment Company Act file number:** 811-06673

- **c. CIK number of Registrant:** 0000866256

- **d. LEI of Registrant:** 25490076SJ8OS37PWC23

- **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 Core Equity Fund

- **b. EDGAR series identifier (if any):** S000000856

- **c. LEI of Series:** 2549006DFEPKUNK4Z657

**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:** $28613918968.93

**Total Liabilities:** $52126234.73

**Net Assets:** $28561792734.20

**Cash Not Reported:** $171012481.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000102327 | 0.12%                | 5.19%                | 4.32%                |
| Class ID C000002471 | 0.09%                | 5.18%                | 4.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29859040.03             | $-11844561.81                              |
| Month 2  | $191362877.33            | $1176927535.28                             |
| Month 3  | $131612082.31            | $1038555952.71                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WASTE MANAGEMENT INC         | WASTE MANAGEMENT INC 0.00000000         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |   4579744 | NS      | $1047937022.08 | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC | THERMO FISHER SCIENTIFIC INC 0.00000000 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1585080 | NS      | $642686536.80  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                 | SYNOPSYS INC 0.00000000                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |   1096213 | NS      | $562006480.84  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP        | COSTCO WHOLESALE CORP 0.00000000        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    373814 | NS      | $370053431.16  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE      | PROCTER & GAMBLE CO/THE 0.00000000      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   2570626 | NS      | $409552134.32  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC               | S&P GLOBAL INC 0.00000000               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |   1375428 | NS      | $725249430.12  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN INC            | BROWN & BROWN INC 0.00000000            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |   5095027 | NS      | $564885643.49  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                    | APPLE INC 0.00000000                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2884711 | NS      | $591856155.87  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES       | ADVANCED MICRO DEVICES 0.00000000       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |   2786624 | NS      | $395421945.60  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC               | AMAZON.COM INC 0.00000000               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   7865539 | NS      | $1725620601.21 | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                 | STRYKER CORP 0.00000000                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |   1435087 | NS      | $567763469.81  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP               | MICROSOFT CORP 0.00000000               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   3954435 | NS      | $1966975513.35 | 6.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC               | SERVICENOW INC 0.00000000               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |    510769 | NS      | $525111393.52  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC     | FERGUSON ENTERPRISES INC 0.00000000     | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |   2209612 | NS      | $481143013.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                 | AUTOZONE INC 0.00000000                 | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |    202410 | NS      | $751392474.30  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                   | INTUIT INC 0.00000000                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    910162 | NS      | $716870896.06  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE AND CO                 | DEERE AND CO 0.00000000                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |   2238226 | NS      | $1138115538.74 | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIFAX INC                  | EQUIFAX INC 0.00000000                  | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |   1316292 | NS      | $341406656.04  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                  | ORACLE CORP 0.00000000                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |   1795800 | NS      | $392615754.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BALL CORP                    | BALL CORP 0.00000000                    | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   8019271 | NS      | $449800910.39  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COS         | MARSH & MCLENNAN COS 0.00000000         | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |   2136280 | NS      | $467076259.20  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL -CL A | MARRIOTT INTERNATIONAL -CL A 0.00000000 | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |   1572277 | NS      | $429561799.17  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                    | LINDE PLC 0.00000000                    | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |   1576622 | NS      | $739719509.96  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                   | FISERV INC 0.00000000                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |   3375065 | NS      | $581894956.65  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & CO               | ELI LILLY & CO 0.00000000               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    678026 | NS      | $528541607.78  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS INC         | VERISK ANALYTICS INC 0.00000000         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    911942 | NS      | $284069933.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE IN | INTERCONTINENTAL EXCHANGE IN 0.00000000 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   5317026 | NS      | $975514760.22  | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS CO/THE      | SHERWIN-WILLIAMS CO/THE 0.00000000      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    988917 | NS      | $339554541.12  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC               | SALESFORCE INC 0.00000000               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |   1981666 | NS      | $540380501.54  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP           | REALTY INCOME CORP 0.00000000           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | RE               | CORP              | US        |  14003125 | NS      | $806720031.25  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| VERTEX PHARMACEUTICALS INC   | VERTEX PHARMACEUTICALS INC 0.00000000   | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |   1375555 | NS      | $612397086.00  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                 | DANAHER CORP 0.00000000                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |   4754621 | NS      | $939227832.34  | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                     | KLA CORP 0.00000000                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    430715 | NS      | $385808654.10  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC        | APPLIED MATERIALS INC 0.00000000        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |   2312676 | NS      | $423381595.32  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                  | NVIDIA CORP 0.00000000                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  11511602 | NS      | $1818717999.98 | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A           | MASTERCARD INC - A 0.00000000           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |   1511683 | NS      | $849475145.02  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP         | BANK OF AMERICA CORP 0.00000000         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |  13044001 | NS      | $617242127.32  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC-CLASS A          | WORKDAY INC-CLASS A 0.00000000          | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |   2049980 | NS      | $491995200.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                 | BROADCOM INC 0.00000000                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   3337777 | NS      | $920058230.05  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC-CL A            | ALPHABET INC-CL A 0.00000000            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   7352999 | NS      | $1295819013.77 | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Parnassus Funds II

**Signature:** Marc C. Mahon

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

**Title:** Principal Financial Officer