# EDGAR Filing Document

**Accession Number:** 0000747546
**File Stem:** 0001752724-25-181416
**Filing Date:** 2025-7
**Character Count:** 18567
**Document Hash:** 3aefd4085bd8df736fe171b827b8ba88
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181416.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181416

**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:** 251158193

**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 Growth Fund (Series ID: S000000852)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000002467 | Investor Shares      | PARNX           |
| C000156022 | Institutional Shares | PFPRX           |

## 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 Growth Fund

- **b. EDGAR series identifier (if any):** S000000852

- **c. LEI of Series:** 549300GRWYFIH6OE4D24

**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:** $875791904.29

**Total Liabilities:** $73954297.31

**Net Assets:** $801837606.98

**Cash Not Reported:** $7640802.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002467 | -0.41%               | 8.09%                | 5.24%                |
| Class ID C000156022 | -0.40%               | 8.09%                | 5.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-368115.43              | $-2985722.17                               |
| Month 2  | $8914876.90              | $49239406.83                               |
| Month 3  | $12610356.19             | $27933232.64                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HILTON WORLDWIDE HLDGS       | HILTON WORLDWIDE HLDGS 0.00000000       | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    123306 | NS      | $32841320.04  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TERADYNE INC                 | TERADYNE INC 0.00000000                 | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |    232935 | NS      | $20945515.20  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SHARKNINJA INC               | SHARKNINJA INC 0.00000000               | CUSIP: G8068L108<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     84343 | NS      | $8349113.57   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLASSIAN CORP-CL A          | ATLASSIAN CORP-CL A 0.00000000          | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |     73226 | NS      | $14871468.34  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE    | OLD DOMINION FREIGHT LINE 0.00000000    | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    160240 | NS      | $26006952.00  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCORE TECHNOLOGIES INC     | PROCORE TECHNOLOGIES INC 0.00000000     | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    142822 | NS      | $9771881.24   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP - A     | ARES MANAGEMENT CORP - A 0.00000000     | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    108774 | NS      | $18839656.80  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CLOUDFLARE INC - CLASS A     | CLOUDFLARE INC - CLASS A 0.00000000     | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    125290 | NS      | $24535540.70  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| POOL CORP                    | POOL CORP 0.00000000                    | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     56293 | NS      | $16408283.64  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD  | ROYAL CARIBBEAN CRUISES LTD 0.00000000  | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     60358 | NS      | $18900504.12  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTODESK INC                 | AUTODESK INC 0.00000000                 | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     65494 | NS      | $20274977.58  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIFAX INC                  | EQUIFAX INC 0.00000000                  | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |    142982 | NS      | $37085241.34  | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC | MONOLITHIC POWER SYSTEMS INC 0.00000000 | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     27712 | NS      | $20268002.56  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP-CLASS A        | APPLOVIN CORP-CLASS A 0.00000000        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     22845 | NS      | $7997577.60   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MORNINGSTAR INC              | MORNINGSTAR INC 0.00000000              | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     42955 | NS      | $13484863.15  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DATADOG INC - CLASS A        | DATADOG INC - CLASS A 0.00000000        | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    177201 | NS      | $23803410.33  | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARDAERO INC             | STANDARDAERO INC 0.00000000             | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    515929 | NS      | $16329152.85  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC       | TRANE TECHNOLOGIES PLC 0.00000000       | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     42208 | NS      | $18462201.28  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADE DESK INC/THE -CLASS A  | TRADE DESK INC/THE -CLASS A 0.00000000  | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    233389 | NS      | $16801674.11  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBINHOOD MARKETS INC - A    | ROBINHOOD MARKETS INC - A 0.00000000    | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    187827 | NS      | $17586242.01  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC      | O'REILLY AUTOMOTIVE INC 0.00000000      | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    105943 | NS      | $9548642.59   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE DESIGN SYS INC       | CADENCE DESIGN SYS INC 0.00000000       | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |     51321 | NS      | $15814566.15  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| SHERWIN-WILLIAMS CO/THE      | SHERWIN-WILLIAMS CO/THE 0.00000000      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     35642 | NS      | $12238037.12  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL HOLDINGS INC            | BILL HOLDINGS INC 0.00000000            | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |    310646 | NS      | $14370483.96  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADRIDGE FINANCIAL SOLUTIO | BROADRIDGE FINANCIAL SOLUTIO 0.00000000 | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     86620 | NS      | $21051258.60  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP                 | SANDISK CORP 0.00000000                 | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    387703 | NS      | $17582331.05  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AGILENT TECHNOLOGIES INC     | AGILENT TECHNOLOGIES INC 0.00000000     | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    149715 | NS      | $17667867.15  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST PHARMACEUTICAL SERVICES | WEST PHARMACEUTICAL SERVICES 0.00000000 | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |     69248 | NS      | $15151462.40  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAR GROUP INC             | COSTAR GROUP INC 0.00000000             | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |    231083 | NS      | $18579073.20  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                    | BLOCK INC 0.00000000                    | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    121910 | NS      | $8281346.30   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NATERA INC                   | NATERA INC 0.00000000                   | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61303 | NS      | $10356528.82  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORP                     | KLA CORP 0.00000000                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     22740 | NS      | $20369127.60  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC             | MERCADOLIBRE INC 0.00000000             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      9400 | NS      | $24568122.00  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC     | BUILDERS FIRSTSOURCE INC 0.00000000     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |    127693 | NS      | $14900496.17  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX LABORATORIES INC       | IDEXX LABORATORIES INC 0.00000000       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     33237 | NS      | $17826332.58  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS INC  | ALNYLAM PHARMACEUTICALS INC 0.00000000  | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |     37412 | NS      | $12199679.08  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI INC                     | MSCI INC 0.00000000                     | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     21982 | NS      | $12677898.68  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                      | PTC INC 0.00000000                      | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    102461 | NS      | $17658128.74  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC   | CHIPOTLE MEXICAN GRILL INC 0.00000000   | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    365651 | NS      | $20531303.65  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON INC                    | ALCON INC 0.00000000                    | CUSIP: H01301128<br>LEI: 549300LDT5AP8S0NBM78 | Long             | EC               | CORP              | CH        |    108693 | NS      | $9595418.04   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| METTLER-TOLEDO INTERNATIONAL | METTLER-TOLEDO INTERNATIONAL 0.00000000 | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     13685 | NS      | $16076043.20  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC-CLASS A          | WORKDAY INC-CLASS A 0.00000000          | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |     50193 | NS      | $12046320.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNT (JB) TRANSPRT SVCS INC  | HUNT (JB) TRANSPRT SVCS INC 0.00000000  | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |    152347 | NS      | $21877029.20  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                     | ICON PLC 0.00000000                     | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     52773 | NS      | $7675832.85   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION INC      | ROCKWELL AUTOMATION INC 0.00000000      | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     60824 | NS      | $20203908.08  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| GUIDEWIRE SOFTWARE INC       | GUIDEWIRE SOFTWARE INC 0.00000000       | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |    103655 | NS      | $24405569.75  | 3.04%             |  |  |  | No            |                  1 | 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