0001145549-22-029272.txt : 20220524 0001145549-22-029272.hdr.sgml : 20220524 20220524130406 ACCESSION NUMBER: 0001145549-22-029272 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220524 PERIOD START: 20221231 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: 22955376 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 2022-12-31 2022-03-31 N 30331938578.480000000000 100993324.450000000000 30230945254.030000000000 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 USD N Adobe Inc. FU4LY2G4933NH2E1CP29 Adobe Inc. 00724F101 1118677 NS USD 509691614.74 1.6859929799 Long EC CORP US N 1 N N N Alexandria Real Estate Equities Inc. MGCJBT4MKTQBVLNUIS88 Alexandria Real Estate Equities Inc. 015271109 2100486 NS USD 422722807.5 1.3983115776 Long EC CORP US N 1 N N Alphabet Inc., Class A 5493006MHB84DD0ZWV18 Alphabet Inc., Class A 02079K305 690980 NS USD 1921857223 6.3572515079 Long EC CORP US N 1 N N N American Tower Corp. 5493006ORUSIL88JOE18 American Tower Corp. 03027X100 2445771 NS USD 614426590.62 2.0324425368 Long EC CORP US N 1 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 Apple Inc. 037833100 5327965 NS USD 930315968.65 3.0773631484 Long EC CORP US N 1 N N N Applied Materials 41BNNE1AFPNAZELZ6K07 Applied Materials Inc. 038222105 5328395 NS USD 702282461 2.3230582276 Long EC CORP US N 1 N N N Ball Corp. 0BGI85ALH27ZJP15DY16 Ball Corp. 058498106 7665093 NS USD 689858370 2.2819609648 Long EC CORP US N 1 N N N BBH Cash Mgmt Sweep N/A BBH Cash Mgmt Sweep 11BBHCMS1 130475775.34 PA USD 130475775.34 0.4315967438 Short STIV US N 1 2022-04-01 Fixed 0.15 N N N N N N Becton, Dickinson and Co. ICE2EP6D98PQUILVRZ91 Becton, Dickinson and Co. 075887109 4010763 NS USD 1066862958 3.5290426715 Long EC CORP US N 1 N N N BlueHub Loan Fund, Inc. N/A BlueHub Loan Fund, Inc. 1BOST0055 900000 PA USD 897928.77 0.0029702305 Short STIV US N 3 N N N BlueHub Loan Fund, Inc. N/A BlueHub Loan Fund, Inc. 1BHLFCE22 100000 PA USD 99769.86 0.0003300256 Short STIV US N 3 N N N Booking Holdings Inc. FXM8FAOHMYDIPD38UZ17 Booking Holdings Inc. 09857L108 254802 NS USD 598389756.9 1.9793947952 Long EC CORP US N 1 N N N Boston Scientific Corp. Y6ZDD9FP4P8JSSJMW954 Boston Scientific Corp. 101137107 13311329 NS USD 589558761.41 1.9501830209 Long EC CORP US N 1 N N N Cadence Design Systems Inc. GCT7RXJOGLXPV0NXZY22 Cadence Design Systems Inc. 127387108 11182599 NS USD 923011721.46 3.0532016571 Long EC CORP US N 1 N N N CDARS matu 03/16/22 N/A CDARS matu 03/16/22 1CDARPC23 2000000 PA USD 1923296.7 0.0063620131 Short STIV US N 3 N N N Citizens Trust Bank N/A Citizens Trust Bank 11CBTCF23 250000 PA USD 241794.87 0.0007998257 Short STIV US N 3 N N N CME Group Inc. KJNXBSWZVIKEX4NFOL81 CME Group Inc. 12572Q105 5062381 NS USD 1204137944.66 3.9831303141 Long EC CORP US N 1 N N N Comcast Corp., Class A 51M0QTTNCGUN7KFCFZ59 Comcast Corp., Class A 20030N101 18231231 NS USD 853586235.42 2.8235512593 Long EC CORP US N 1 N N N Community Vision Capital & Consulting N/A Community Vision Capital & Consulting 11CVCEF23 250000 PA USD 237465.75 0.0007855055 Short STIV US N 3 N N N CoStar Group, Inc. N/A CoStar Group, Inc. 22160N109 4756075 NS USD 316802155.75 1.0479399605 Long EC CORP US N 1 N N N Costco Wholesale Corp. 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp. 22160K105 1351209 NS USD 778093702.65 2.5738318670 Long EC CORP US N 1 N N Danaher Corp. S4BKK9OTCEWQ3YHPFM11 Danaher Corp. 235851102 3800882 NS USD 1114912717.06 3.6879849693 Long EC CORP US N 1 N N N Deere & Co. PWFTNG3EI0Y73OXWDH08 Deere & Co. 244199105 3052181 NS USD 1268059118.26 4.1945731687 Long EC CORP US N 1 N N Fiserv Inc. GI7UBEJLXYLGR2C7GV83 Fiserv Inc. 337738108 12672877 NS USD 1285029727.8 4.2507097181 Long EC CORP US N 1 N N N Gilead Sciences Inc. 549300WTZWR07K8MNV44 Gilead Sciences Inc. 375558103 7542335 NS USD 448391815.75 1.4832212886 Long EC CORP US N 1 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 Intercontinental Exchange Inc. 45866F104 3300866 NS USD 436110415.92 1.4425960295 Long EC CORP US N 1 N N N Linde plc N/A Linde plc G5494J103 2474530 NS USD 790439117.9 2.6146688807 Long EC CORP US N 1 N N N Mastercard Inc., Class A AR5L2ODV9HN37376R084 Mastercard Inc., Class A 57636Q104 3211396 NS USD 1147688702.48 3.7964036283 Long EC CORP US N 1 N N N Micron Technology Inc. B3DXGBC8GAIYWI2Z0172 Micron Technology Inc. 595112103 5654866 NS USD 440457512.74 1.4569756554 Long EC CORP US N 1 N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 6840934 NS USD 2109128361.54 6.9767198605 Long EC CORP US N 1 N N Mondelez International Inc., Class A 29DX7H14B9S6O3FD6V18 Mondelez International Inc., Class A 609207105 8770197 NS USD 550592967.66 1.8212892883 Long EC CORP US N 1 N N N New Hampshire Community Loan N/A New Hampshire Community Loan 11NHCLF22 500000 PA USD 490054.8 0.0016210370 Short STIV US N 3 N N N Nike Inc., Class B 549300Z2ZSKKGUE3J147 Nike Inc., Class B 654106103 3227827 NS USD 434336401.12 1.4367278213 Long EC CORP US N 1 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 2271090 NS USD 619689617.4 2.0498519388 Long EC CORP US N 1 N N N Pentair plc 549300EVR9D56WPSRP15 Pentair plc G7S00T104 1836813 NS USD 99573632.73 0.3293765110 Long EC CORP IE N 1 N N N Root Capital Inc. N/A Root Capital Inc. 11RCEIF23 200000 PA USD 184745.21 0.0006111129 Short STIV US N 3 N N N S&P Global Inc. 549300VSGCJ7E698NM85 S&P Global Inc. 78409V104 2597371 NS USD 1065389636.78 3.5241691182 Long EC CORP US N 1 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 11SHFCC23 1000000 PA USD 964712.34 0.0031911418 Short STIV US N 3 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 1CTCU1022 250000 PA USD 244575.34 0.0008090231 Short STIV US N 3 N N N Texas Instruments Inc. WDJNR2L6D8RWOEB8T652 Texas Instruments Inc. 882508104 3444010 NS USD 631906954.8 2.0902652877 Long EC CORP US N 1 N N N The Charles Schwab Corp. 549300VSGCJ7E698NM85 The Charles Schwab Corp. 808513105 9497745 NS USD 800754880.95 2.6487920712 Long EC CORP US N 1 N N N The Home Depot, Inc. QEKMOTMBBKA8I816DO57 The Home Depot, Inc. 437076102 1531970 NS USD 458564580.1 1.5168714582 Long EC CORP US N 1 N N N The Procter and Gamble Co. 2572IBTT8CCZW6AU4141 The Procter and Gamble Co. 742718109 5039444 NS USD 770027043.2 2.5471484161 Long EC CORP US N 1 N N N The Sherwin-Williams Co. Z15BMIOX8DDH0X2OBP21 The Sherwin-Williams Co. 824348106 1862242 NS USD 464852848.04 1.5376722234 Long EC CORP US N 1 N N N Thermo Fisher Inc. HCHV7422L5HDJZCRFL38 Thermo Fisher Inc. 883556102 792766 NS USD 468247237.9 1.5489004196 Long EC CORP US N 1 N N N T-Mobile USA Inc. 549300V2JRLO5DIFGE82 T-Mobile USA Inc. 872590104 4727540 PA USD 606779759 2.0071478212 Long EC CORP US N 1 N N N Union Pacific Corp. 549300LMMRSZZCZ8CL11 Union Pacific Corp. 907818108 1113083 NS USD 304105406.43 1.0059407798 Long EC CORP US N 1 N N N Verisk Analytics Inc 549300I1YSWNIRKBWP67 Verisk Analytics Inc 92345Y106 2995396 NS USD 642901843.48 2.1266349367 Long EC CORP US N 1 N N N Verizon Communications Inc. 2138009YX5W5DK2G3106 Verizon Communications Inc. 92343V104 8702221 NS USD 443291137.74 1.4663489150 Long EC CORP US N 1 N N N Vermont Community Loan Fund N/A Vermont Community Loan Fund 1VCLF0422 100000 PA USD 99769.86 0.0003300256 Short STIV US N 3 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management Inc 94106L109 3971331 NS USD 629455963.5 2.0821577301 Long EC CORP US N 1 N N N 2022-04-22 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, 2022 (unaudited)

 

Equities

    Shares      Market Value ($)  

Biotechnology (1.5%)

      

Gilead Sciences Inc.

      7,542,335        448,391,816  
     

 

 

  

Capital Markets (11.5%)

      

CME Group Inc., Class A

      5,062,381        1,204,137,945  

Intercontinental Exchange Inc.

      3,300,866        436,110,416  

S&P Global Inc.

      2,597,371        1,065,389,637  

The Charles Schwab Corp.

      9,497,745        800,754,881  
     

 

 

  
        3,506,392,879  

Chemicals (4.1%)

      

Linde plc

      2,474,530        790,439,118  

The Sherwin Williams Co.

      1,862,242        464,852,848  
     

 

 

  
        1,255,291,966  

Commercial Services & Supplies (2.1%)

      

Waste Management Inc.

      3,971,331        629,455,963  
     

 

 

  

Containers & Packaging (2.3%)

      

Ball Corp.

      7,665,093        689,858,370  
     

 

 

  

Diversified Telecommunication Services (1.5%)

      

Verizon Communications Inc.

      8,702,221        443,291,138  
     

 

 

  

Equity Real Estate Investment Trusts (3.4%)

      

Alexandria Real Estate Equities Inc. l

     2,100,486        422,722,807  

American Tower Corp.

      2,445,771        614,426,591  
     

 

 

  
        1,037,149,398  

Food & Staples Retailing (2.6%)

      

Costco Wholesale Corp. l

     1,351,209        778,093,703  
     

 

 

  

Food Products (1.8%)

      

Mondelez International Inc., Class A

      8,770,197        550,592,968  
     

 

 

  

Health Care Equipment & Supplies (5.5%)

      

Becton, Dickinson and Co.

      4,010,763        1,066,862,958  

Boston Scientific Corp. q

     13,311,329        589,558,761  
     

 

 

  
        1,656,421,719  

Hotels Restaurants & Leisure (2.0%)

      

Booking Holdings Inc. q

     254,802        598,389,757  
     

 

 

  

Household Products (2.5%)

      

The Procter & Gamble Co.

      5,039,444        770,027,043  
     

 

 

  

Equities

    Shares      Market Value ($)  

Interactive Media & Services (6.4%)

      

Alphabet Inc., Class A q

     690,980        1,921,857,223  
     

 

 

  

IT Services (8.1%)

      

Fiserv Inc. q

     12,672,877        1,285,029,728  

Mastercard Inc., Class A

      3,211,396        1,147,688,702  
     

 

 

  
        2,432,718,430  

Life Sciences Tools & Services (5.2%)

      

Danaher Corp.

      3,800,882        1,114,912,717  

Thermo Fisher Scientific Inc.

      792,766        468,247,238  
     

 

 

  
        1,583,159,955  

Machinery (4.5%)

      

Deere & Co.

      3,052,181        1,268,059,118  

Pentair plc

      1,836,813        99,573,633  
     

 

 

  
        1,367,632,751  

Media (2.8%)

      

Comcast Corp., Class A

      18,231,231        853,586,235  
     

 

 

  

Professional Services (3.1%)

      

CoStar Group Inc. q

      4,756,075        316,802,156  

Verisk Analytics Inc.

      2,995,396        642,901,843  
     

 

 

  
        959,703,999  

Road & Rail (4.1%)

      

Canadian Pacific Railway Ltd. l

     11,182,599        923,011,721  

Union Pacific Corp.

      1,113,083        304,105,406  
     

 

 

  
        1,227,117,127  

Semiconductors & Semiconductor Equipment (7.9%)

      

Applied Materials Inc.

      5,328,395        702,282,461  

Micron Technology Inc. l

     5,654,866        440,457,513  

NVIDIA Corp.

      2,271,090        619,689,617  

Texas Instruments Inc.

      3,444,010        631,906,955  
     

 

 

  
        2,394,336,546  

Software (8.8%)

      

Adobe Inc. q

      1,118,677        509,691,615  

Microsoft Corp. l

     6,840,934        2,109,128,362  
     

 

 

  
        2,618,819,977  

Specialty Retail (1.5%)

      

The Home Depot Inc.

      1,531,970        458,564,580  
     

 

 

  

Technology Hardware, Storage & Peripherals (3.1%)

      

Apple Inc.

      5,327,965        930,315,969  
     

 

 

  

Equities

    Shares      Market Value ($)  

Textiles, Apparel & Luxury Goods (1.4%)

      

Nike Inc., Class B

      3,227,827        434,336,401  
     

 

 

  

Wireless Telecommunication Services (2.0%)

      

T-Mobile US Inc. q

     4,727,540        606,779,759  
     

 

 

  

Total investment in equities (99.7%)

(cost $22,349,930,304)

         30,152,285,672  
     

 

 

  

 

Short-Term Securities

    Interest Rate     Maturity Date      Principal
Amount ($)		      Market Value ($)  

Certificates of Deposit (0.0%) a

          

Citizens Trust Bank

      0.05%       01/14/2023        250,000        241,795  

Community Vision Capital & Consulting

      0.50%       01/31/2023        250,000        237,466  

Self-Help Federal Credit Union

      0.40%       10/16/2022        250,000        244,575  

Self-Help Federal Credit Union

      0.40%       02/17/2023        1,000,000        964,712  
          

 

 

  
             1,688,548  

Certificates of Deposit Account Registry Service (0.0%) a

 

        

CDARS agreement with Beneficial State Bank,

dated 03/17/2022

Participating depository institutions:

Chambers Bank, par 238,500;

Decatur County Bank, par 238,500;

First Commerce Bank, par 46,000;

First State Bank of Forsyth, par 24,529;

Legacy Bank & Trust Company, par 238,500;

Prime Alliance Bank, par 238,500;

Texas National Bank of Jacksonville, par 238,500;

The Tri-County Bank, par 38,740;

United Bank, par 238,500;

Waumandee State Bank, par 238,500;

West Alabama Bank & Trust, par 221,231;

(cost $1,923,297)

      0.73%       03/16/2023        2,000,000        1,923,297  
          

 

 

  

Community Development Loans (0.0%) a

          

BlueHub Loan Fund Inc.

      1.00%       04/15/2022        100,000        99,770  

BlueHub Loan Fund Inc.

      1.00%       04/15/2022        900,000        897,929  

New Hampshire Community Loan Fund Inc.

      1.00%       07/31/2022        500,000        490,055  

Root Capital Inc.

      1.00%       02/01/2023        200,000        184,745  

Vermont Community Loan Fund Inc.

      0.75%       04/15/2022        100,000        99,770  
          

 

 

  
             1,772,269  

Time Deposits (0.5%)

           

BNP Paribas, Paris

      0.15%       04/01/2022        33,423,290        33,423,290  

National Australia Bank, London

      0.15%       04/01/2022        97,052,485        97,052,485  
          

 

 

  
             130,475,775  

Securities Purchased with Cash Collateral from Securities Lending

 

      

Registered Investment Companies (0.0%)

           

Invesco Aim Government & Agency Portfolio

           

Short-Term Investments Trust, Institutional Class

      0.15%             2,378,960  
          

 

 

  

Total short-term securities (0.5%)

(cost $138,238,849)

              138,238,849  
          

 

 

  

Total securities (100.2%)

(cost $22,488,169,153)

              30,290,524,521  
          

 

 

  

Payable upon return of securities loaned (0.00%)

              (2,378,960 ) 
          

 

 

  

Other assets and liabilities (-0.2%)

              (57,200,307 ) 
          

 

 

  

Total net assets (100.0%)

              30,230,945,254  
          

 

 

  

 

l

This security, or partial position of this security, was on loan at March 31, 2022. The total value of the securities on loan at March 31, 2022 was $2,330,118.

q

This security is non-income producing.

a

Market value adjustments have been applied to these securities to reflect potential early withdrawal. Such securities has been classified as level 3.

plc

Public Limited Company