# EDGAR Filing Document

**Accession Number:** 0000866256
**File Stem:** 0001003715-26-001630
**Filing Date:** 2026-5
**Character Count:** 20668
**Document Hash:** 0bac029b451a4a92c4247a269228dee3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-26-001630.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0001003715-26-001630

**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:** 26947583

**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           |

## Nport-Ex

**Parnassus Core Equity Fund** 

**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 (2.3%)** |  |  |
| Bank of America Corp. | 10353246 | 504720743 |
| **Capital Markets (5.1%)** |  |  |
| Intercontinental Exchange Inc. | 4217312 | 663298831 |
| S&P Global Inc. | 1113315 | 473537402 |
|  |  | 1136836233 |
| **Chemicals (4.0%)** |  |  |
| Linde plc | 1250631 | 620012825 |
| The Sherwin-Williams Co. | 864261 | 277038864 |
|  |  | 897051689 |
| **Commercial Services & Supplies (4.0%)** |  |  |
| Waste Management Inc. | 3870518 | 889406331 |
| **Construction Materials (1.5%)** |  |  |
| Vulcan Materials Co. | 1189000 | 323764700 |
| **Diversified Financial Services (2.7%)** |  |  |
| Mastercard Inc., Class A | 1213096 | 606135547 |
| **Equity Real Estate Investment Trusts (3.1%)** |  |  |
| Realty Income Corp. | 11225982 | 686805579 |
| **Food & Staples Retailing (2.5%)** |  |  |
| Costco Wholesale Corp. | 568125 | 566096794 |
| **Health Care Equipment & Supplies (3.9%)** |  |  |
| Boston Scientific Corp.<sup>q</sup> | 6115192 | 383728298 |
| Stryker Corp. | 1484958 | 487942349 |
|  |  | 871670647 |
| **Hotels, Restaurants & Leisure (2.0%)** |  |  |
| Marriott International Inc., Class A | 1338520 | 437789736 |
| **Household Products (1.4%)** |  |  |
| The Procter & Gamble Co. | 2232971 | 322530331 |
| **Insurance (1.4%)** |  |  |
| Marsh & McLennan Companies Inc. | 1862433 | 323039004 |
|  |  | 323039004 |
| **Interactive Media & Services (6.2%)** |  |  |
| Alphabet Inc., Class A | 4815004 | 1384602550 |
| **Life Sciences Tools & Services (5.2%)** |  |  |
| Danaher Corp. | 3324608 | 630345677 |
| Thermo Fisher Scientific Inc. | 1091227 | 536370807 |

---

------

---

| | | |
|:---|:---|:---|
| **Equities** | **Shares** | **Market**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value ($)**  |
|  |  | 1166716484 |
| **Machinery (3.5%)** |  |  |
| Deere & Co. | 1409755 | 794114992 |
| **Multiline Retail (5.3%)** |  |  |
| Amazon.com Inc.<sup>q</sup> | 5693775 | 1185842519 |
| **Pharmaceuticals (3.2%)** |  |  |
| Eli Lilly & Co. | 783902 | 721009543 |
| **Professional Services (1.1%)** |  |  |
| Verisk Analytics Inc., Class A | 1291512 | 245064402 |
| **Road & Rail (1.1%)** |  |  |
| Old Dominion Freight Line Inc. | 1301692 | 254350617 |
| **Semiconductors & Semiconductor Equipment (16.4%)** |  |  |
| Advanced Micro Devices Inc.<sup>q</sup> | 1961616 | 399051543 |
| Applied Materials Inc. | 2225356 | 760604427 |
| Broadcom Inc. | 1753029 | 542580006 |
| KLA Corp. | 407430 | 599904006 |
| NVIDIA Corp. | 7867382 | 1372071421 |
|  |  | 3674211403 |
| **Software (9.8%)** |  |  |
| Microsoft Corp. | 3301725 | 1222199543 |
| Oracle Corp. | 1584355 | 233074464 |
| Salesforce Inc. | 1622499 | 302871888 |
| Synopsys Inc.<sup>q</sup> | 1106394 | 438663093 |
|  |  | 2196808988 |
| **Specialty Retail (4.5%)** |  |  |
| AutoZone Inc.<sup>q</sup> | 163941 | 553756631 |
| The Home Depot Inc. | 1369718 | 450486553 |
|  |  | 1004243184 |
| **Technology Hardware, Storage & Peripherals (4.4%)** |  |  |
| Apple Inc. | 3910964 | 992563554 |
| **Trading Companies & Distributors (4.5%)** |  |  |
| Ferguson Enterprises Inc. | 1896421 | 442359162 |
| WW Grainger Inc. | 528251 | 576221473 |
|  |  | 1018580635 |
| **Total investment in equities (99.1%)** | **Total investment in equities (99.1%)** | **Total investment in equities (99.1%)** |
|  (cost $17,373,486,387) |  | **22203956205** |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Short-Term Securities** | **Interest Rate** | **Maturity<br>Date** | **Principal** <br> **Amount ($)**  | **Market<br> Value ($)** |
| **Time Deposits (0.4%)** | **Time Deposits (0.4%)** | **Time Deposits (0.4%)** |  |  |
| Citibank, New York | 2.98% | 04/01/2026 | 89502471 | 89502471 |
| **Total short-term securities (0.4%)** |  |  |  |  |
|  (cost $89,502,471) |  |  |  | **89502471** |
| **Total securities (99.5%)** |  |  |  |  |
|  (cost $17,462,988,858) |  |  |  | **22293458676** |
| Other assets and liabilities (0.5%) |  |  |  | 120317750 |
|  **Total net assets (100.0%)** |  |  |  | **22413776426** |

---

q This security is non-income producing.

---

| | |
|:---|:---|
| ***plc*** | Public Limited Company |

---

## 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:** 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:** $22556900145.81

**Total Liabilities:** $124065735.56

**Net Assets:** $22432834410.25

**Cash Not Reported:** $119942348.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002471 | 1.48%                | -1.50%               | -6.14%               |
| Class ID C000102327 | 1.50%                | -1.49%               | -6.11%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $75917288.32             | $318919403.97                              |
| Month 2  | $250623181.97            | $-639550331.02                             |
| Month 3  | $155980418.23            | $-1665121266.23                            |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANCED MICRO DEVICES       | ADVANCED MICRO DEVICES 0.00000000       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |   1974770 | NS      | $401727461.10  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC-CL A            | ALPHABET INC-CL A 0.00000000            | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   4847293 | NS      | $1393887575.08 | 6.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC               | AMAZON.COM INC 0.00000000               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   5731957 | NS      | $1193794684.39 | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                    | APPLE INC 0.00000000                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   3937190 | NS      | $999219450.10  | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATERIALS INC        | APPLIED MATERIALS INC 0.00000000        | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |   2240279 | NS      | $765704959.41  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                 | AUTOZONE INC 0.00000000                 | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |    165040 | NS      | $557468811.20  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP         | BANK OF AMERICA CORP 0.00000000         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |  10422673 | NS      | $508105308.75  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON SCIENTIFIC CORP       | BOSTON SCIENTIFIC CORP 0.00000000       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |   6156199 | NS      | $386301487.25  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                 | BROADCOM INC 0.00000000                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1764785 | NS      | $546218605.35  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN & BROWN INC            | BROWN & BROWN INC 0.00000000            | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |   1076435 | NS      | $70194326.35   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP        | COSTCO WHOLESALE CORP 0.00000000        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    571935 | NS      | $569893192.05  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                 | DANAHER CORP 0.00000000                 | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |   3346902 | NS      | $634572619.20  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| DEERE AND CO                 | DEERE AND CO 0.00000000                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |   1419209 | NS      | $799440429.70  | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTERPRISES INC     | FERGUSON ENTERPRISES INC 0.00000000     | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |   1909138 | NS      | $445325529.88  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| WW GRAINGER INC              | WW GRAINGER INC 0.00000000              | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |    531793 | NS      | $580085122.33  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC               | HOME DEPOT INC 0.00000000               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |   1378903 | NS      | $453507407.67  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE IN | INTERCONTINENTAL EXCHANGE IN 0.00000000 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   4245592 | NS      | $667746709.76  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                     | KLA CORP 0.00000000                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    410162 | NS      | $603926630.42  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & CO               | ELI LILLY & CO 0.00000000               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    789159 | NS      | $725844773.43  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COS         | MARSH & MCLENNAN COS 0.00000000         | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |   1874922 | NS      | $325205220.90  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT INTERNATIONAL -CL A | MARRIOTT INTERNATIONAL -CL A 0.00000000 | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |   1347495 | NS      | $440725189.65  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A           | MASTERCARD INC - A 0.00000000           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |   1221231 | NS      | $610200281.46  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP               | MICROSOFT CORP 0.00000000               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   3323866 | NS      | $1230395477.22 | 5.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                  | NVIDIA CORP 0.00000000                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   7920139 | NS      | $1381272241.60 | 6.16%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE    | OLD DOMINION FREIGHT LINE 0.00000000    | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |   1310421 | NS      | $256056263.40  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                  | ORACLE CORP 0.00000000                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |   1594979 | NS      | $234637360.69  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE      | PROCTER & GAMBLE CO/THE 0.00000000      | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |   2247945 | NS      | $324693175.80  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORP           | REALTY INCOME CORP 0.00000000           | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | RE               | CORP              | US        |  11301260 | NS      | $691411086.80  | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC               | S&P GLOBAL INC 0.00000000               | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |   1120781 | NS      | $476712990.54  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC               | SALESFORCE INC 0.00000000               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |   1633379 | NS      | $304902857.93  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS CO/THE      | SHERWIN-WILLIAMS CO/THE 0.00000000      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |    870057 | NS      | $278896771.35  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| STRYKER CORP                 | STRYKER CORP 0.00000000                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |   1494916 | NS      | $491214448.44  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOPSYS INC                 | SYNOPSYS INC 0.00000000                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |   1113813 | NS      | $441604578.24  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMO FISHER SCIENTIFIC INC | THERMO FISHER SCIENTIFIC INC 0.00000000 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |   1098544 | NS      | $539967332.32  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| VERISK ANALYTICS INC         | VERISK ANALYTICS INC 0.00000000         | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |   1300172 | NS      | $246707637.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VULCAN MATERIALS CO          | VULCAN MATERIALS CO 0.00000000          | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    927036 | NS      | $252431902.80  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE MANAGEMENT INC         | WASTE MANAGEMENT INC 0.00000000         | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |   3896472 | NS      | $895370300.88  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| LINDE PLC                    | LINDE PLC 0.00000000                    | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |   1259018 | NS      | $624170763.68  | 2.78%             |  |  |  | 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