# EDGAR Filing Document

**Accession Number:** 0000866256
**File Stem:** 0001003715-26-001627
**Filing Date:** 2026-5
**Character Count:** 17080
**Document Hash:** a501ae9420adf2f68884c2792c7e74c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-26-001627.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0001003715-26-001627

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**PERIOD START**: 20261231

**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:** 26947580

**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 Value Select ETF (Series ID: S000089217)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255732 | Parnassus Value Select ETF | PRVS            |

## Nport-Ex

**Parnassus Value Select ETF** 

**Portfolio of Investments as of March 31, 2026 (unaudited)** 

---

| | | |
|:---|:---|:---|
| **Equities** | **Shares** | **Market**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)**  |
| **Banks (7.7%)** |  |  |
| Bank of America Corp. | 13165 | 641794 |
| JPMorgan Chase & Co. | 2513 | 739224 |
|  |  | 1381018 |
| **Capital Markets (7.6%)** |  |  |
| S&P Global Inc. | 1560 | 663530 |
| The Charles Schwab Corp. | 7451 | 700245 |
|  |  | 1363775 |
| **Chemicals (3.6%)** |  |  |
| Linde plc | 1288 | 638539 |
| **Diversified Financial Services (3.8%)** |  |  |
| Visa Inc., Class A | 2273 | 686992 |
| **Diversified Telecommunication Services (5.0%)** |  |  |
| Verizon Communications Inc. | 18025 | 904855 |
| **Equity Real Estate Investment Trusts (4.1%)** |  |  |
| CBRE Group Inc., Class A<sup>q</sup> | 5454 | 738799 |
| **Food & Staples Retailing (2.7%)** |  |  |
| Sysco Corp. | 6763 | 482405 |
| **Health Care Equipment & Supplies (1.8%)** |  |  |
| Abbott Laboratories | 3093 | 317558 |
| **Health Care Providers & Services (2.5%)** |  |  |
| UnitedHealth Group Inc. | 1629 | 440791 |
| **Independent Power & Renewable Electricity Producers (4.6%)** |  |  |
| Brookfield Renewable Corp. | 20615 | 821095 |
| **Insurance (2.3%)** |  |  |
| Willis Towers Watson plc | 1451 | 421806 |
| **Interactive Media & Services (5.7%)** |  |  |
| Alphabet Inc., Class A | 3556 | 1022563 |
| **Life Sciences Tools & Services (5.9%)** |  |  |
| Bio-Rad Laboratories Inc., Class A<sup>q</sup> | 1531 | 426766 |
| Thermo Fisher Scientific Inc. | 1284 | 631124 |
|  |  | 1057890 |
| **Machinery (7.7%)** |  |  |
| Cummins Inc. | 1591 | 855990 |
| Deere & Co. | 922 | 519363 |

---

------

---

| | | |
|:---|:---|:---|
| **Equities** | **Shares** | **Market**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)**  |
|  |  | 1375353 |
| **Multiline Retail (3.3%)** |  |  |
| Amazon.com Inc.<sup>q</sup> | 2863 | 596277 |
| **Pharmaceuticals (6.1%)** |  |  |
| AstraZeneca plc | 5527 | 1090035 |
| **Road & Rail (4.0%)** |  |  |
| Union Pacific Corp. | 2916 | 707480 |
| **Semiconductors & Semiconductor Equipment (13.3%)** |  |  |
| Applied Materials Inc. | 2627 | 897882 |
| Micron Technology Inc. | 1788 | 604058 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 2607 | 881036 |
|  |  | 2382976 |
| **Software (5.4%)** |  |  |
| Microsoft Corp. | 1488 | 550813 |
| NICE Ltd., ADR<sup>q</sup> | 3789 | 417775 |
|  |  | 968588 |
| **Specialty Retail (2.4%)** |  |  |
| The Home Depot Inc. | 1310 | 430846 |
| **Total investment in equities (99.5%)** | **Total investment in equities (99.5%)** | **Total investment in equities (99.5%)** |
| (cost $17,141,015) |  | **17829641** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Short-Term Securities** | **Interest Rate** | **Maturity<br>Date** | **Principal** <br> **Amount ($)**  | **Market**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)**  |
| **Time Deposits (0.5%)** | **Time Deposits (0.5%)** | **Time Deposits (0.5%)** |  |  |
| Citibank, New York | 2.98% | 04/01/2026 | 90351 | 90351 |
| **Total short-term securities (0.5%)** |  |  |  |  |
| (cost $90,351) |  |  |  | **90351** |
| **Total securities (100.0%)** |  |  |  |  |
| (cost $17,231,366) |  |  |  | **17919992** |
| Other assets and liabilities (0.0%) |  |  |  | 2751 |
| **Total net assets (100.0%)** |  |  |  | **17922743** |

---

q This security is non-income producing.

---

| | |
|:---|:---|
| ***plc*** | Public Limited Company |
| ***ADR*** | American Depositary Receipt |

---

## 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 Value Select ETF

- **b. EDGAR series identifier (if any):** S000089217

- **c. LEI of Series:** 529900XMAT9JVSE8GB19

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $17931939.52

**Total Liabilities:** $9203.78

**Net Assets:** $17922735.74

**Cash Not Reported:** $86699.54

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255732 | 4.39%                | 1.21%                | -6.72%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $504395.27                                 |
| Month 2  | $105787.47               | $63434.85                                  |
| Month 3  | $0.00                    | $-1238880.83                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ABBOTT LABORATORIES          | ABBOTT LABORATORIES 0.00000000                                       | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      3093 | NS      | $317558.31    | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC-CL A            | ALPHABET INC-CL A 0.00000000                                         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3556 | NS      | $1022563.36   | 5.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC               | AMAZON.COM INC 0.00000000                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2863 | NS      | $596277.01    | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC        | APPLIED MATERIALS INC 0.00000000                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      2627 | NS      | $897882.33    | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP         | BANK OF AMERICA CORP 0.00000000                                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     13165 | NS      | $641793.75    | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BIO-RAD LABORATORIES-A       | BIO-RAD LABORATORIES-A 0.00000000                                    | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      1531 | NS      | $426766.25    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC - A           | CBRE GROUP INC - A 0.00000000                                        | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      5454 | NS      | $738798.84    | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                  | CUMMINS INC 0.00000000                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1591 | NS      | $855989.82    | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE AND CO                 | DEERE AND CO 0.00000000                                              | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       922 | NS      | $519362.60    | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC               | HOME DEPOT INC 0.00000000                                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1310 | NS      | $430845.90    | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO          | JPMORGAN CHASE & CO 0.00000000                                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2513 | NS      | $739224.08    | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP               | MICROSOFT CORP 0.00000000                                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1488 | NS      | $550812.96    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC        | MICRON TECHNOLOGY INC 0.00000000                                     | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1788 | NS      | $604057.92    | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE LTD - SPON ADR          | NICE LTD - SPON ADR 0.00000000                                       | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             | EC               | CORP              | IL        |      3789 | NS      | $417775.14    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC               | S&P GLOBAL INC 0.00000000                                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |      1560 | NS      | $663530.40    | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB (CHARLES) CORP        | SCHWAB (CHARLES) CORP 0.00000000                                     | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      7451 | NS      | $700244.98    | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                   | SYSCO CORP 0.00000000                                                | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      6763 | NS      | $482404.79    | 2.69%             |  |  |  | No            |                  1 | 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        |      2607 | NS      | $881035.65    | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC | THERMO FISHER SCIENTIFIC INC 0.00000000                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |      1284 | NS      | $631124.52    | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP           | UNION PACIFIC CORP 0.00000000                                        | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2916 | NS      | $707479.92    | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC       | UNITEDHEALTH GROUP INC 0.00000000                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1629 | NS      | $440791.11    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC   | VERIZON COMMUNICATIONS INC 0.00000000                                | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     18025 | NS      | $904855.00    | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES      | VISA INC-CLASS A SHARES 0.00000000                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2273 | NS      | $686991.52    | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTRAZENECA PLC              | ASTRAZENECA PLC 0.00000000                                           | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      5527 | NS      | $1090034.94   | 6.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC     | WILLIS TOWERS WATSON PLC 0.00000000                                  | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |      1451 | NS      | $421805.70    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                    | LINDE PLC 0.00000000                                                 | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |      1288 | NS      | $638538.88    | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RENEWABLE CORP    | BROOKFIELD RENEWABLE CORP 0.00000000                                 | CUSIP: 11285B108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     20615 | NS      | $821095.45    | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Parnassus Funds II

**Signature:** Brendan Chase

**Name of Signer:** Brendan Chase

**Title:** Assistant Treasurer