0001145549-21-028487.txt : 20210524 0001145549-21-028487.hdr.sgml : 20210524 20210524133436 ACCESSION NUMBER: 0001145549-21-028487 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210524 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARNASSUS INCOME FUNDS CENTRAL INDEX KEY: 0000866256 IRS NUMBER: 946633178 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06673 FILM NUMBER: 21953078 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 INCOME FUND DATE OF NAME CHANGE: 19920703 0000866256 S000000856 Parnassus Core Equity Fund C000002471 Investor Shares PRBLX C000102327 Institutional Shares PRILX NPORT-P 1 primary_doc.xml NPORT-P false 0000866256 XXXXXXXX S000000856 C000102327 C000002471 Parnassus Income Funds 811-06673 0000866256 25490076SJ8OS37PWC23 1 Market Street Suite 1600 San Francisco 94105 415-778-0200 Parnassus Core Equity Fund S000000856 2549006DFEPKUNK4Z657 2021-12-31 2021-03-31 N 25780698783.880000000000 126403958.200000000000 25654294825.680000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 N Adobe Inc. FU4LY2G4933NH2E1CP29 Adobe Inc. 00724F101 449715014.9 NS USD 579340549.55 2.2582594980 Long EC CORP US N 1 N N N Alexandria Real Estate Equities Inc. MGCJBT4MKTQBVLNUIS88 Alexandria Real Estate Equities Inc. 015271109 238885796.66 NS USD 235592727.4 0.9183363994 Long EC CORP US N 1 N N N Alphabet Inc., Class A 5493006MHB84DD0ZWV18 Alphabet Inc., Class A 02079K305 369990794.28 NS USD 775272392.72 3.0219984528 Long EC CORP US N 1 N N N Amazon.com Inc. R4PP93JZOLY261QX3811 Amazon.com Inc. 023135106 601336925.85 NS USD 985384033.92 3.8410100165 Long EC CORP US N 1 N N N American Tower Corp. 5493006ORUSIL88JOE18 American Tower Corp. 03027X100 600718035.48 NS USD 650048605.16 2.5338782827 Long EC CORP US N 1 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 Apple Inc. 037833100 385394287.39 NS USD 606108422.15 2.3626002050 Long EC CORP US N 1 N N N Applied Materials 41BNNE1AFPNAZELZ6K07 Applied Materials 038222105 361422396.06 NS USD 839295774.4 3.2715604935 Long EC CORP US N 1 N N N BBH Cash Mgmt Sweep N/A BBH Cash Mgmt Sweep 11BBHCMS1 567660763.32 PA USD 567660763.32 2.2127318922 Short STIV US N 1 2021-04-01 Fixed 0.005 N N N N N N Becton Dickinson and Co. ICE2EP6D98PQUILVRZ91 Becton Dickinson and Co. 075887109 736909100 NS USD 679276483.8 2.6478080509 Long EC CORP US N 1 N N N BlueHub LOAN - EIF N/A BlueHub LOAN - EIF 1BOST0054 100000 PA USD 99766.02 0.0003888862 Short STIV US N 3 N N N Booking Holdings Inc. 5493006MHB84DD0ZWV18 Booking Holdings Inc. 09857L108 477284135.23 NS USD 642085265.28 2.5028373208 Long EC CORP US N 1 N N N Boston Scientific Corp. Y6ZDD9FP4P8JSSJMW954 Boston Scientific Corp. 101137107 285227587.99 NS USD 296949534.65 1.1575041788 Long EC CORP US N 1 N N N Cadence Design Systems Inc. GCT7RXJOGLXPV0NXZY22 Cadence Design Systems Inc. 127387108 191237501.63 NS USD 547020659.57 2.1322771227 Long EC CORP US N 1 N N N CDARS matu 03/16/22 N/A CDARS matu 03/16/22 1CDARPC22 2000000 PA USD 1923296.7 0.0074969775 Short STIV US N 3 N N N Citizens Bank Trust N/A Citizens Bank Trust 11CBTCF22 250000 PA USD 242109.59 0.0009437390 Short STIV US N 3 N N N CME Group Inc. KJNXBSWZVIKEX4NFOL81 CME Group Inc. 12572Q105 884850655.61 NS USD 994590296.96 3.8768958715 Long EC CORP US N 1 N N N Comcast Corp., Class A 51M0QTTNCGUN7KFCFZ59 Comcast Corp., Class A 20030N101 840761453.76 NS USD 1038457530.11 4.0478895918 Long EC CORP US N 1 N N N Community Vision Capital & Consulting N/A Community Vision Capital & Consulting 11CVCEF22 250000 PA USD 245013.78 0.0009550595 Short STIV US N 3 N N N Costco Wholesale Corp. 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp. 22160K105 421883567.79 NS USD 594609791.36 2.3177787400 Long EC CORP US N 1 N N N Danaher Corp. S4BKK9OTCEWQ3YHPFM11 Danaher Corp. 235851102 354243330.62 NS USD 948159628.6 3.6959099248 Long EC CORP US N 1 N N N Deere & Co. PWFTNG3EI0Y73OXWDH08 Deere & Co. 244199105 547030898.45 NS USD 1239124741.92 4.8300869322 Long EC CORP US N 1 N N N Digital Realty Trust 549300HKCZ31D08NEI41 Digital Realty Trust 253868103 261507305.64 NS USD 327834253.88 1.2778922832 Long EC CORP US N 1 N N N Enterprise Community Loan Fund N/A Enterprise Community Loan Fund 111ECCE22 500000 PA USD 472630.14 0.0018423042 Short STIV US N 3 N N N FedEx Corp. 549300E707U7WNPZN687 FedEx Corp. 31428X106 524254196.84 NS USD 807808055.76 3.1488219078 Long EC CORP US N 1 N N N Fiserv Inc. GI7UBEJLXYLGR2C7GV83 Fiserv Inc. 337738108 530122023.54 NS USD 603817424.64 2.3536699361 Long EC CORP US N 1 N N N Gilead Sciences Inc. 549300WTZWR07K8MNV44 Gilead Sciences Inc. 375558103 310648615.44 NS USD 309676454.64 1.2071134940 Long EC CORP US N 1 N N N Intel Corporation KNX4USFCNGPY45LOCE31 Intel Corporation 458140100 267452633.93 NS USD 289812736 1.1296850604 Long EC CORP US N 1 N N N Kansas City Southern 5493008C12PZMWP3WY03 Kansas City Southern 485170302 212489583.93 NS USD 408464233.44 1.5921865567 Long EC CORP US N 1 N N N Linde plc N/A Linde plc G5494J103 357203788.9 NS USD 803673475.92 3.1327053867 Long EC CORP US N 1 N N N Mastercard Inc., Class A AR5L2ODV9HN37376R084 Mastercard Inc., Class A 57636Q104 189252723.48 NS USD 766402965.75 2.9874255791 Long EC CORP US N 1 N N N Micron Technology B3DXGBC8GAIYWI2Z0172 Micron Technology 595112103 305740941.91 NS USD 585319572.04 2.2815656248 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 740405293.64 NS USD 1415167693.71 5.5162993305 Long EC CORP US N 1 N N N Mondelez International Inc., Class A 29DX7H14B9S6O3FD6V18 Mondelez International Inc., Class A 609207105 526761478.21 NS USD 582554123.58 2.2707859543 Long EC CORP US N 1 N N N New Hampshire Community Loan N/A New Hampshire Community Loan 11NHCLF21 500000 PA USD 490054.79 0.0019102251 Short STIV US N 3 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 165384817.24 NS USD 554925729.39 2.1630909489 Long EC CORP US N 1 N N N Pentair plc 549300EVR9D56WPSRP15 Pentair plc G7S00T104 274307294.19 NS USD 404105190.56 1.5751950826 Long EC CORP IE N 1 N N N The Procter and Gamble Co. 2572IBTT8CCZW6AU4141 The Procter and Gamble Co. 742718109 564613996.45 NS USD 689556606.87 2.6878797938 Long EC CORP US N 1 N N N Providence Bank & Trust N/A Providence Bank & Trust 11URBCE21 250000 PA USD 245178.08 0.0009556999 Short STIV US N 3 N N N ROOT CPTL LOAN - EIF N/A ROOT CPTL LOAN - EIF 11RCEIF22 200000 PA USD 189939.73 0.0007403818 Short STIV US N 3 N N N S&P Global Inc. N/A S&P Global Inc. 78409V104 729379378.62 NS USD 757027890.15 2.9508816956 Long EC CORP US N 1 N N N S&P Global Inc. N/A S&P Global Inc. 78409V104 451540877.75 NS USD 763339209.82 2.9754831111 Long EC CORP US N 1 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 1CTCU1021 250000 PA USD 244575.34 0.0009533505 Short STIV US N 3 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 11SHFCC22 1000000 PA USD 964712.33 0.0037604321 Short STIV US N 3 N N N Southwest Airlines Co. UDTZ87G0STFETI6HGH41 Southwest Airlines Co. 844741108 163991369.86 NS USD 285612302.08 1.1133118412 Long EC CORP US N 1 N N N Synopsys Inc. QG7T915N9S0NY5UKNE63 Synopsys Inc. 871607107 108056866.22 NS USD 265160775.88 1.0335921439 Long EC CORP US N 1 N N N Texas Instruments Inc. WDJNR2L6D8RWOEB8T652 Texas Instruments Inc. 882508104 416385034.55 NS USD 534525519.73 2.0835712826 Long EC CORP US N 1 N N N Verizon Communications Inc. 2138009YX5W5DK2G3106 Verizon Communications Inc. 92343V104 796280993.45 NS USD 776445316.4 3.0265704892 Long EC CORP US N 1 N N N Vermont Community Loan Fund N/A Vermont Community Loan Fund 1VCLF0421 100000 PA USD 99766.02 0.0003888862 Short STIV US N 3 N N N VF Corp. CWAJJ9DJ5Z7P057HV541 VF Corp. 918204108 397538434.12 NS USD 523617218.64 2.0410509125 Long EC CORP US N 1 N N N Washington Area Community Investment Fund N/A Washington Area Community Investment Fund 11WACPC22 100000 PA USD 94838.36 0.0003696783 Short STIV US N 3 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management Inc 94106L109 252595479.7 NS USD 686280603.6 2.6751099894 Long EC CORP US N 1 N N N Xylem Inc. 549300DF5MV96DRYLQ48 Xylem Inc. 98419M100 134032229.64 NS USD 371037280.38 1.4462969374 Long EC CORP US N 1 N N N 2021-04-15 Parnassus Income Funds Marc C. Mahon Marc C. Mahon Principal Financial Officer XXXX NPORT-EX 2 prblx.htm HTML

PARNASSUS CORE EQUITY FUND

Portfolio of Investments as of March 31, 2021 (unaudited)

 

Equities    Shares      Market Value ($)  

Air Freight & Logistics (3.2%)

      

FedEx Corp.

      2,843,994        807,808,056  
     

 

 

  

Airlines (1.1%)

      

Southwest Airlines Co.

      4,677,568        285,612,302  
     

 

 

  

Apparel & Luxury Goods (2.0%)

      

VF Corp.

      6,551,767        523,617,219  
     

 

 

  

Biotechnology (1.2%)

      

Gilead Sciences Inc.

      4,791,528        309,676,455  
     

 

 

  

Capital Markets (9.9%)

      

Charles Schwab Corp.

      11,711,249        763,339,210  

CME Group Inc.

      4,869,952        994,590,297  

S&P Global Inc.

      2,145,345        757,027,890  
     

 

 

  
        2,514,957,397  

Chemicals (3.1%)

      

Linde plc

      2,868,828        803,673,476  
     

 

 

  

Commercial Services & Supplies (2.7%)

      

Waste Management Inc.

      5,319,180        686,280,604  
     

 

 

  

Diversified Telecom Services (3.0%)

      

Verizon Communications Inc.

      13,352,456        776,445,316  
     

 

 

  

Equity Real Estate Investment Trusts (4.7%)

      

Alexandria Real Estate Equities Inc.

      1,433,918        235,592,727  

American Tower Corp.

      2,719,186        650,048,605  

Digital Realty Trust Inc.

      2,327,707        327,834,254  
     

 

 

  
        1,213,475,586  

Food & Staples Retailing (2.3%)

      

Costco Wholesale Corp.

      1,686,932        594,609,791  
     

 

 

  

Food Products (2.3%)

      

Mondelez International Inc., Class A

      9,953,086        582,554,124  
     

 

 

  

Health Care Equipment (7.5%)

      

Becton Dickinson and Co.

      2,793,652        679,276,484  

Boston Scientific Corp.

      7,683,041        296,949,535  

Danaher Corp.

      4,212,545        948,159,629  
     

 

 

  
        1,924,385,648  

Household Products (2.7%)

      

The Procter & Gamble Co.

      5,091,609        689,556,607  
     

 

 

  

Interactive Media & Services (3.0%)

      

Alphabet Inc., Class A q

      375,886        775,272,393  
     

 

 

  

Internet (3.8%)

      

Amazon.com Inc. q

      318,474        985,384,034  
     

 

 

  

Internet & Catalog Retail (2.5%)

      

Booking Holdings Inc. q

      275,592        642,085,265  
     

 

 

  

IT Services (5.3%)

      

Fiserv Inc. q

      5,072,391        603,817,425  

Mastercard Inc., Class A

      2,152,515        766,402,966  
     

 

 

  
        1,370,220,391  

Machinery (7.8%)

      

Deere & Co.

      3,311,928        1,239,124,742  

Pentair plc

      6,484,358        404,105,190  

Xylem Inc.

      3,527,641        371,037,280  
     

 

 

  
        2,014,267,212  

Media (4.1%)

      

Comcast Corp., Class A

      19,191,601        1,038,457,530  
     

 

 

  

Road & Rail (1.6%)

      

Kansas City Southern

      1,547,682        408,464,233  
     

 

 

  

Semiconductor Equipment (8.9%)

      

Applied Materials Inc.

      6,282,154        839,295,774  

Intel Corp.

      4,528,324        289,812,736  

Micron Technology Inc. q

      6,635,524        585,319,572  

NVIDIA Corp.

      1,039,323        554,925,729  
     

 

 

  
        2,269,353,811  

Semiconductors (2.1%)

      

Texas Instrument Inc.

      2,828,327        534,525,520  
     

 

 

  

Software (10.9%)

      

Adobe Inc. q

      1,218,715        579,340,549  

Cadence Design Systems Inc. q

      3,993,143        547,020,659  

Microsoft Corp.

      6,002,323        1,415,167,694  

Synopsys Inc. q

      1,070,146        265,160,776  
     

 

 

  
        2,806,689,678  

Technology Hardware (2.4%)

      

Apple Inc.

      4,962,001        606,108,422  
     

 

 

  

Total investment in equities (98.1%)

(cost $16,426,836,839)

         25,163,481,070  
     

 

 

  

Short-Term Securities    Interest Rate     Maturity Date      Principal Amount ($)      Market Value ($)  

Certificates of Deposit (0.0%) a

           

Citizens Bank Trust

      0.05 %      01/14/2022        250,000        242,109  

Community Vision Capital & Consulting

      0.05 %      01/31/2022        250,000        245,014  

Providence Bank & Trust

      0.25 %      09/24/2021        250,000        245,179  

Self-Help Federal Credit Union

      0.50 %      10/16/2021        250,000        244,575  

Self-Help Federal Credit Union

      0.40 %      02/17/2022        1,000,000        964,712  
          

 

 

  
             1,941,589  

Certificates of Deposit Account Registry Service (0.0%) a

 

        

CDARS agreement with Beneficial State Bank, dated 03/18/2021 Participating depository institutions: Amalgamated Bank, par 243,500; Armstrong Bank, par 243,500; Great Plains State Bank, par 243,500; Oakstar Bank, par 243,500; OneUnited Bank, par 243,500; Ponce Bank, par 243,500; Security State Bank of Hibbing, par 243,500; Signature Bank, National Association, par 56,515; Southern States Bank, par 243,500;
(cost $1,923,297)

      0.07 %      03/17/2022        2,004,515        1,923,297  
          

 

 

  

Community Development Loans (0.0%) a

           

BlueHub Loan Fund

      1.00 %      04/15/2021        100,000        99,766  

Enterprise Community Loan Fund

      0.05 %      02/28/2022        500,000        472,630  

New Hampshire Community Loan Fund

      1.00 %      07/31/2021        500,000        490,055  

Root Capital Loan Fund

      1.00 %      02/01/2022        200,000        189,940  

Vermont Community Loan Fund

      1.00 %      04/15/2021        100,000        99,766  

Washington Area Community Investment Fund

      1.00 %      02/09/2022        100,000        94,838  
          

 

 

  
             1,446,995  

Time Deposits (2.2%)

           

Anz, London

      0.01 %      04/01/2021        56,356,573        56,356,573  

Barclays, London

      0.01 %      04/01/2021        111,301,408        111,301,408  

BNP Paribas, Paris

      0.01 %      04/01/2021        200,000,000        200,000,000  

JPMorgan Chase, New York

      0.01 %      04/01/2021        200,000,000        200,000,000  

Sumitomo, Tokyo

      0.01 %      04/01/2021        2,782        2,782  
          

 

 

  
             567,660,763  

Total short-term securities (2.2%)

(cost $572,972,644)

              572,972,644  
          

 

 

  

Total securities (100.3%)

(cost $16,999,809,483)

              25,736,453,714  
          

 

 

  

Other assets and liabilities (-0.3%)

              (82,158,888 ) 
          

 

 

  

Total net assets (100.0%)

              25,654,294,826  
          

 

 

  

 

α   Market value adjustments have been applied to these securities to reflect potential early withdrawal.
q   This security is non-income producing.
plc   Public Limited Company