# EDGAR Filing Document

**Accession Number:** 0000747546
**File Stem:** 0001145549-23-007271
**Filing Date:** 2023-2
**Character Count:** 19004
**Document Hash:** b874bbf3a47e1a93e58719e032f629fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-007271.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001145549-23-007271

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARNASSUS FUNDS
- **CENTRAL INDEX KEY:** 0000747546
- **IRS NUMBER:** 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:** 23648014

**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 Mid Cap Fund (Series ID: S000000853)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000002468 | Investor Shares      | PARMX           |
| C000156023 | Institutional Shares | PFPMX           |

## 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 Mid Cap Fund

- **b. EDGAR series identifier (if any):** S000000853

- **c. LEI of Series:** 549300PVYVBM67PQ9V25

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $6092491943.65

**Total Liabilities:** $15286810.28

**Net Assets:** $6077205133.37

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002468 | 0.07%                | 0.06%                | -0.05%               |
| Class ID C000156023 | 0.07%                | 0.06%                | -0.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-113801717.05           | $539205284.78                              |
| Month 2  | $78645826.53             | $311114126.24                              |
| Month 3  | $18836986.63             | $-318601578.92                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CNH Industrial NV                    | CNH Industrial NV                    | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |  14577180 | NS      | $234109510.80 | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide Inc.         | C.H. Robinson Worldwide Inc.         | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |   2426867 | NS      | $222203942.52 | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc.             | Cboe Global Markets Inc.             | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |   1947431 | NS      | $244344167.57 | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp.         | Grocery Outlet Holding Corp.         | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5133018 | NS      | $149832795.42 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp.                | Western Digital Corp.                | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |   1809424 | NS      | $57087327.20  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| VF Corp.                             | VF Corp.                             | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |   2162672 | NS      | $59711373.92  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc.                | Verisk Analytics Inc.                | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |   1267461 | NS      | $223605469.62 | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc.                         | Trimble Inc.                         | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |   2468198 | NS      | $124792090.88 | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                          | Sysco Corp.                          | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |   3085263 | NS      | $235868356.35 | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc.                        | Synopsys Inc.                        | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    214487 | NS      | $68483554.23  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Signature Bank                       | Signature Bank                       | CUSIP: 82669G104<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | EC               | CORP              | US        |    651384 | NS      | $75052464.48  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Self-Help Federal Credit Union       | Self-Help Federal Credit Union       | CUSIP: 11SHFMC23<br>LEI: N/A                  | Short            | STIV             |  | US        |    250000 | PA      | $248712.33    | 0.00%             | 2023-02-17      | Fixed         | 0.40%                 | No            |                  3 | On Loan: No      |
| SBA Communications Corp., Class A    | SBA Communications Corp., Class A    | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    592707 | NS      | $166141699.17 | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc.              | Roper Technologies Inc.              | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    380167 | NS      | $164266359.03 | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc.                  | PPG Industries Inc.                  | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |   1296499 | NS      | $163021784.26 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair plc                          | Pentair plc                          | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |   2296917 | NS      | $103315326.66 | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                 | Otis Worldwide Corp.                 | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |   3319482 | NS      | $259948635.42 | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.             | O'Reilly Automotive Inc.             | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    254034 | NS      | $214412317.02 | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co. Class A           | Levi Strauss & Co. Class A           | CUSIP: 52736R102<br>LEI: QF2KMXRZ7ZO4SZVPF056 | Long             | EC               | CORP              | US        |   3467865 | NS      | $53821264.80  | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| Lam Research Corp.                   | Lam Research Corp.                   | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    155029 | NS      | $65158688.70  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corporation                      | KLA Corporation                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    396621 | NS      | $149538015.63 | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc., Class A                | Workday Inc., Class A                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |   1157030 | NS      | $193605829.90 | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc.                           | Xylem Inc.                           | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |   1699315 | NS      | $187893259.55 | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates, Inc.        | Jack Henry & Associates, Inc.        | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |    967181 | NS      | $169798296.36 | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc.                  | IQVIA Holdings Inc.                  | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |    786864 | NS      | $161220564.96 | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group, Inc.                   | CoStar Group, Inc.                   | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1930334 | NS      | $149176211.52 | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton Inc.                     | D.R. Horton Inc.                     | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |   2269201 | NS      | $202276577.14 | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank, Class A         | First Republic Bank, Class A         | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |   1120673 | NS      | $136598831.97 | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.  | Broadridge Financial Solutions Inc.  | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |   1087400 | NS      | $145852962.00 | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.               | Burlington Stores Inc.               | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |    535924 | NS      | $108663950.24 | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities Inc. | Alexandria Real Estate Equities Inc. | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |    431695 | NS      | $62885010.65  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueHub Loan Fund, Inc.              | BlueHub Loan Fund, Inc.              | CUSIP: 1BHLFMC23<br>LEI: N/A                  | Short            | STIV             |  | US        |    300000 | PA      | $294871.23    | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| BioMarin Pharmaceutical Inc.         | BioMarin Pharmaceutical Inc.         | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |   1363955 | NS      | $141155702.95 | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Trust Bank                  | Citizens Trust Bank                  | CUSIP: 11CBTMF23<br>LEI: N/A                  | Short            | STIV             |  | US        |    250000 | PA      | $249629.63    | 0.00%             | 2023-01-14      | Fixed         | 0.05%                 | No            |                  3 | On Loan: No      |
| Beneficial State Bank                | Beneficial State Bank                | CUSIP: 11ACBPM22<br>LEI: N/A                  | Short            | STIV             |  | US        |    250000 | PA      | $246876.71    | 0.00%             | 2023-04-25      | Fixed         | 0.30%                 | No            |                  3 | On Loan: No      |
| BBH Cash Mgmt Sweep                  | BBH Cash Mgmt Sweep                  | CUSIP: 11BBHCMS1<br>LEI: N/A                  | Short            | STIV             |  | US        |  50922928 | PA      | $50922928.43  | 0.84%             | 2023-01-03      | Fixed         | 3.69%                 | No            |                  1 | On Loan: No      |
| Ball Corp.                           | Ball Corp.                           | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   2929547 | NS      | $149817033.58 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc.                         | Avantor Inc.                         | CUSIP: 05352A100<br>LEI: 5493003VM0XB4U8YD238 | Long             | EC               | CORP              | US        |   8752391 | NS      | $184587926.19 | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc.                        | Autodesk Inc.                        | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    770926 | NS      | $144062941.62 | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ansys Inc.                           | Ansys Inc.                           | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |    415088 | NS      | $100281109.92 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc.                         | IDACORP Inc.                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |   1337354 | NS      | $144233628.90 | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc.                         | Hologic Inc.                         | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |   3786427 | NS      | $283262603.87 | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc.               | Republic Services Inc.               | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |   1177627 | NS      | $151902106.73 | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Beneficial State Bank                | Beneficial State Bank                | CUSIP: 11BSBMC23<br>LEI: N/A                  | Short            | STIV             |  | US        |    250000 | PA      | $247671.24    | 0.00%             | 2023-03-27      | Fixed         | 0.30%                 | No            |                  3 | On Loan: No      |
| Agilent Technologies Inc.            | Agilent Technologies Inc.            | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |   1197216 | NS      | $179163374.40 | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-01-27

**Name of Applicant:** Parnassus Funds

**Signature:** Marc C. Mahon

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

**Title:** Principal Financial Officer