0001145549-22-069797.txt : 20221125 0001145549-22-069797.hdr.sgml : 20221125 20221123203046 ACCESSION NUMBER: 0001145549-22-069797 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220930 FILED AS OF DATE: 20221125 DATE AS OF CHANGE: 20221123 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: 221417562 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 2022-09-30 N 23002488150.320000000000 80056413.920000000000 22922431736.400000000000 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 CME Group Inc. KJNXBSWZVIKEX4NFOL81 CME Group Inc. 12572Q105 5062381 NS USD 896699546.53 3.9118866482 Long EC CORP US N 1 N N N Comcast Corp., Class A 51M0QTTNCGUN7KFCFZ59 Comcast Corp., Class A 20030N101 21336057 NS USD 625786551.81 2.7300181717 Long EC CORP US N 1 N N N Community Vision Capital & Consulting N/A Community Vision Capital & Consulting 11CVCEF23 250000 PA USD 244986.3 0.0010687623 Short STIV US N 3 N N N CoStar Group, Inc. N/A CoStar Group, Inc. 22160N109 4756075 NS USD 331260623.75 1.4451373552 Long EC CORP US N 1 N N N Costco Wholesale Corp. 29DX7H14B9S6O3FD6V18 Costco Wholesale Corp. 22160K105 1062873 NS USD 501963031.71 2.1898332493 Long EC CORP US N 1 N N N Danaher Corp. S4BKK9OTCEWQ3YHPFM11 Danaher Corp. 235851102 3393133 NS USD 876412322.57 3.8233828446 Long EC CORP US N 1 N N N Deere & Co. PWFTNG3EI0Y73OXWDH08 Deere & Co. 244199105 2792238 NS USD 932300345.82 4.0671965197 Long EC CORP US N 1 N N N Fiserv Inc. GI7UBEJLXYLGR2C7GV83 Fiserv Inc. 337738108 10884686 NS USD 1018480069.02 4.4431589141 Long EC CORP US N 1 N N N Gilead Sciences Inc. 549300WTZWR07K8MNV44 Gilead Sciences Inc. 375558103 7999157 NS USD 493467995.33 2.1527733227 Long EC CORP US N 1 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 Intercontinental Exchange Inc. 45866F104 5630489 NS USD 508714681.15 2.2192875826 Long EC CORP US N 1 N N N Linde plc N/A Linde plc G5494J103 2474530 NS USD 667108542.7 2.9102869642 Long EC CORP US N 1 N N N Marsh & McLennan Co. Inc. 549300XMP3KDCKJXIU47 Marsh & McLennan Co. Inc. 571748102 3521857 NS USD 525778031.53 2.2937271123 Long EC CORP US N 1 N N N Mastercard Inc., Class A AR5L2ODV9HN37376R084 Mastercard Inc., Class A 57636Q104 2511947 NS USD 714247009.98 3.1159303611 Long EC CORP US N 1 N N N Micron Technology Inc. B3DXGBC8GAIYWI2Z0172 Micron Technology Inc. 595112103 5166815 NS USD 258857431.5 1.1292756130 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 6672446 NS USD 1554012673.4 6.7794407298 Long EC CORP US N 1 N N N Mondelez International Inc., Class A 29DX7H14B9S6O3FD6V18 Mondelez International Inc., Class A 609207105 9368546 NS USD 513677377.18 2.2409375370 Long EC CORP US N 1 N N N New Hampshire Community Loan N/A New Hampshire Community Loan 11NHCLF23 500000 PA USD 475095.89 0.0020726243 Short STIV US N 3 N N N NVIDIA Corp. 549300S4KLFTLO7GSQ80 NVIDIA Corp. 67066G104 1527207 NS USD 185387657.73 0.8087608674 Long EC CORP US N 1 N N N Oracle Corp. 1Z4GXXU7ZHVWFCD8TV52 Oracle Corp. 68389X105 8600611 NS USD 525239313.77 2.2913769351 Long EC CORP US N 1 N N N Root Capital Inc. N/A Root Capital Inc. 11RCEIF23 200000 PA USD 195956.16 0.0008548664 Short STIV US N 3 N N N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 S&P Global Inc. 78409V104 2147888 NS USD 655857600.8 2.8612042926 Long EC CORP US N 1 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 11SHFCC23 250000 PA USD 249589.04 0.0010888419 Short STIV US N 3 N N N Self-Help Federal Credit Union N/A Self-Help Federal Credit Union 1CTCU1022 1000000 PA USD 984767.13 0.0042960849 Short STIV US N 3 N N N Texas Instruments Inc. WDJNR2L6D8RWOEB8T652 Texas Instruments Inc. 882508104 1641888 NS USD 254131424.64 1.1086582242 Long EC CORP US N 1 N N N The Charles Schwab Corp. 549300VSGCJ7E698NM85 The Charles Schwab Corp. 808513105 9497745 NS USD 682602933.15 2.9778818452 Long EC CORP US N 1 N N N The Home Depot, Inc. QEKMOTMBBKA8I816DO57 The Home Depot, Inc. 437076102 881245 NS USD 243170745.3 1.0608418343 Long EC CORP US N 1 N N N The Procter and Gamble Co. 2572IBTT8CCZW6AU4141 The Procter and Gamble Co. 742718109 5039444 NS USD 636229805 2.7755772700 Long EC CORP US N 1 N N N The Sherwin-Williams Co. Z15BMIOX8DDH0X2OBP21 The Sherwin-Williams Co. 824348106 1684167 NS USD 344833193.25 1.5043482176 Long EC CORP US N 1 N N N Thermo Fisher Inc. HCHV7422L5HDJZCRFL38 Thermo Fisher Inc. 883556102 915363 NS USD 464262959.97 2.0253652200 Long EC CORP US N 1 N N N T-Mobile USA Inc. 549300V2JRLO5DIFGE82 T-Mobile USA Inc. 872590104 5597835 NS USD 751061521.95 3.2765351015 Long EC CORP US N 1 N N N Union Pacific Corp. 549300LMMRSZZCZ8CL11 Union Pacific Corp. 907818108 1113083 NS USD 216850830.06 0.9460201804 Long EC CORP US N 1 N N N Verisk Analytics Inc 549300I1YSWNIRKBWP67 Verisk Analytics Inc 92345Y106 3832206 NS USD 653506089.18 2.8509457317 Long EC CORP US N 1 N N N Verizon Communications Inc. 2138009YX5W5DK2G3106 Verizon Communications Inc. 92343V104 10629589 NS USD 403605494.33 1.7607446669 Long EC CORP US N 1 N N N Vermont Community Loan Fund N/A Vermont Community Loan Fund 1VCLF0423 100000 PA USD 96778.08 0.0004221981 Short STIV US N 3 N N N Waste Management Inc 549300YX8JIID70NFS41 Waste Management Inc 94106L109 3971331 NS USD 636246939.51 2.7756520199 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 Abbott Laboratories 002824100 4043580 NS USD 391256800.8 1.7068730111 Long EC CORP US N 1 N N N Adobe Inc. FU4LY2G4933NH2E1CP29 Adobe Inc. 00724F101 2112821 NS USD 581448339.2 2.5365909947 Long EC CORP US N 1 N N N Alphabet Inc., Class A 5493006MHB84DD0ZWV18 Alphabet Inc., Class A 02079K305 13438880 NS USD 1285428872 5.6077334498 Long EC CORP US N 1 N N N American Tower Corp. 5493006ORUSIL88JOE18 American Tower Corp. 03027X100 1584989 NS USD 340297138.3 1.4845595014 Long EC CORP US N 1 N N N Apple Inc. HWUPKR0MPOU8FGXBT394 Apple Inc. 037833100 5327965 NS USD 736324763 3.2122454174 Long EC CORP US N 1 N N N Applied Materials Inc. 41BNNE1AFPNAZELZ6K07 Applied Materials Inc. 038222105 3142811 NS USD 257490505.23 1.1233123440 Long EC CORP US N 1 N N N Ball Corp. 0BGI85ALH27ZJP15DY16 Ball Corp. 058498106 8828808 NS USD 426608002.56 1.8610940038 Long EC CORP US N 1 N N N BBH Cash Mgmt Sweep N/A BBH Cash Mgmt Sweep 11BBHCMS1 136264354.34 PA USD 136264354.34 0.5944585457 Short STIV US N 1 2022-10-03 Fixed 2.43 N N N N N N Becton, Dickinson and Co. ICE2EP6D98PQUILVRZ91 Becton, Dickinson and Co. 075887109 4131668 NS USD 920659580.44 4.0164132280 Long EC CORP US N 1 N N N BlueHub Loan Fund, Inc. N/A BlueHub Loan Fund, Inc. 1BOST0056 100000 PA USD 96778.08 0.0004221981 Short STIV US N 3 N N N BlueHub Loan Fund, Inc. N/A BlueHub Loan Fund, Inc. 1BHLFCE23 900000 PA USD 871002.738 0.0037997833 Short STIV US N 3 N N N Canadian Pacific Railway Ltd. 54930036474DURYNB481 Canadian Pacific Railway Ltd. 13645T100 9328820 NS USD 622418870.4 2.7153265306 Long EC CORP US N 1 N N CDARS matu 03/16/23 N/A CDARS matu 03/16/23 1CDARPC23 2000000 PA USD 1963516.48 0.0085659170 Short STIV US N 3 N N N Citizens Trust Bank N/A Citizens Trust Bank 11CBTCF23 250000 PA USD 247008.55 0.0010775844 Short STIV US N 3 N N N 2022-10-17 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 September 30, 2022 (unaudited)    

 

Equities

    Shares      Market Value ($)  

Biotechnology (2.2%)

      

Gilead Sciences Inc.

      7,999,157        493,467,995  
     

 

 

  

Capital Markets (12.0%)

      

CME Group Inc., Class A

      5,062,381        896,699,547  

Intercontinental Exchange Inc.

      5,630,489        508,714,681  

S&P Global Inc.

      2,147,888        655,857,601  

The Charles Schwab Corp.

      9,497,745        682,602,933  
     

 

 

  
        2,743,874,762  

Chemicals (4.4%)

      

Linde plc

      2,474,530        667,108,543  

The Sherwin Williams Co.

      1,684,167        344,833,193  
     

 

 

  
        1,011,941,736  

Commercial Services & Supplies (2.8%)

      

Waste Management Inc.

      3,971,331        636,246,940  
     

 

 

  

Containers & Packaging (1.9%)

      

Ball Corp.

      8,828,808        426,608,003  
     

 

 

  

Diversified Telecommunication Services (1.8%)

      

Verizon Communications Inc.

      10,629,589        403,605,494  
     

 

 

  

Equity Real Estate Investment Trusts (1.5%)

      

American Tower Corp.

      1,584,989        340,297,138  
     

 

 

  

Food & Staples Retailing (2.2%)

      

Costco Wholesale Corp.

     1,062,873        501,963,032  
     

 

 

  

Food Products (2.2%)

      

Mondelez International Inc., Class A

      9,368,546        513,677,377  
     

 

 

  

Health Care Equipment & Supplies (5.7%)

      

Abbott Laboratories

      4,043,580        391,256,801  

Becton, Dickinson and Co.

      4,131,668        920,659,580  
     

 

 

  
        1,311,916,381  

Household Products (2.8%)

      

The Procter & Gamble Co.

      5,039,444        636,229,805  
     

 

 

  

Insurance (2.3%)

      

Marsh & McLennan Co., Inc.

      3,521,857        525,778,032  
     

 

 

  

Interactive Media & Services (5.6%)

      

Alphabet Inc., Class A q

      13,438,880        1,285,428,872  
     

 

 

  

IT Services (7.5%)

      

Fiserv Inc. q

     10,884,686        1,018,480,069  

Mastercard Inc., Class A

      2,511,947        714,247,010  
     

 

 

  
        1,732,727,079  

Life Sciences Tools & Services (5.8%)

      

Danaher Corp.

      3,393,133        876,412,323  

Thermo Fisher Scientific Inc.

      915,363        464,262,960  
     

 

 

  
        1,340,675,283  

Machinery (4.1%)

      

Deere & Co.

      2,792,238        932,300,346  
     

 

 

  

Media (2.7%)

      

Comcast Corp., Class A

      21,336,057        625,786,552  
     

 

 

  

Professional Services (4.3%)

      

CoStar Group Inc. q

     4,756,075        331,260,624  

Verisk Analytics Inc.

      3,832,206        653,506,089  
     

 

 

  
        984,766,713  

Road & Rail (3.6%)

      

Canadian Pacific Railway Ltd. l

     9,328,820        622,418,870  

Union Pacific Corp.

      1,113,083        216,850,830  
     

 

 

  
        839,269,700  

Semiconductors & Semiconductor Equipment (4.2%)

      

Applied Materials Inc.

      3,142,811        257,490,505  

Micron Technology Inc.

      5,166,815        258,857,432  

NVIDIA Corp.

      1,527,207        185,387,658  

Texas Instruments Inc.

      1,641,888        254,131,425  
     

 

 

  
        955,867,020  

Software (11.6%)

      

Adobe Inc. q

     2,112,821        581,448,339  

Microsoft Corp.

      6,672,446        1,554,012,673  

Oracle Corp.

      8,600,611        525,239,314  
     

 

 

  
        2,660,700,326  

Specialty Retail (1.1%)

      

The Home Depot Inc.

      881,245        243,170,745  
     

 

 

  

Technology Hardware, Storage & Peripherals (3.2%)

      

Apple Inc.

      5,327,965        736,324,763  
     

 

 

  

Wireless Telecommunication Services (3.3%)

      

T-Mobile US Inc. q

     5,597,835        751,061,522  
     

 

 

  

Total investment in equities (98.8%)
(cost $21,899,145,701)

 

      22,633,685,616  
     

 

 

  

Short-Term Securities

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

Certificates of Deposit (0.0%) α

           

Citizens Trust Bank

      0.05 %      01/14/2023        250,000        247,009  

Community Vision Capital & Consulting

      0.50 %      01/31/2023        250,000        244,986  

Self-Help Federal Credit Union

      0.40 %      10/16/2022        250,000        249,589  

Self-Help Federal Credit Union

      0.40 %      02/17/2023        1,000,000        984,767  
          

 

 

  
             1,726,351  

Certificates of Deposit Account Registry Service (0.0%) α

           

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 $1,963,516)

      0.73 %      03/16/2023        2,000,000        1,963,516  
          

 

 

  

Community Development Loans (0.0%) α

           

BlueHub Loan Fund Inc.

      1.00 %      04/15/2023        100,000        96,778  

BlueHub Loan Fund Inc.

      1.00 %      04/15/2023        900,000        871,003  

New Hampshire Community Loan Fund Inc.

      1.00 %      07/31/2022        500,000        475,096  

Root Capital Inc.

      1.00 %      02/01/2023        200,000        195,956  

Vermont Community Loan Fund Inc.

      0.75 %      04/15/2023        100,000        96,778  
          

 

 

  
             1,735,611  

Time Deposits (0.6%)

           

JPMorgan Chase, New York

      2.43 %      10/03/2022        117,462,484        117,462,484  

Sumitomo, Tokyo

      2.43 %      10/03/2022        18,801,870        18,801,870  
          

 

 

  
             136,264,354  

Securities Purchased with Cash Collateral from Securities Lending

 

      

Registered Investment Companies (0.0%)

 

        

Invesco Aim Government & Agency Portfolio

 

        

Short-Term Investments Trust, Institutional Class

      2.44 %            3,577,000  
          

 

 

  

Total short-term securities (0.6%)
(cost $145,266,832)

              145,266,832  
          

 

 

  

Total securities (99.4%)
(cost $22,044,412,533)

              22,778,952,448  
          

 

 

  

Payable upon return of securities loaned (0.0%)

 

           (3,577,000 ) 
       

 

 

  

Other assets and liabilities (0.6%)

              147,056,288  
          

 

 

  

Total net assets (100.0%)

              22,922,431,736  
          

 

 

  

 

θ

This security is non-income producing.

λ

This security, or partial position of this security, was on loan at September 30, 2022. The total value of the securities on loan at September 30, 2022 was $3,506,482.

α

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

θ

This security is non-income producing.

α

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