Parnassus Investments

Parnassus Investments

Invests in high-quality, sustainable companies

Overview

Parnassus Investments analyzes companies to build portfolios of high-quality, financially strong businesses that also consider their impact on people and the environment. Their funds focus on enduring value by selecting firms that manage human and natural resources responsibly and generate long-term benefits for investors and society. The product works by the investment team curating portfolios of stocks based on financial strength, quality metrics, and sustainability practices, aiming to create sustainable, long-horizon value rather than chasing short-term gains. Par nassus differentiates itself from competitors by prioritizing environmental, social, and governance (ESG)-oriented criteria and stewardship of resources, combining financial performance with social responsibility. The company's goal is to deliver durable wealth for investors while supporting responsible corporate behavior and positive social impact.

Significant Headcount Growth

About Parnassus Investments

Simplify's Rating
Why Parnassus Investments is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

51-200

Company Stage

Acquired

Total Funding

N/A

Headquarters

San Francisco, California

Founded

1984

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Simplify's Take

What believers are saying

  • July 2025 CEO materials said Parnassus opened international equity and active ETF distribution.
  • Josean Fernandez joined May 1, 2025 to expand intermediary distribution.
  • Core Equity Fund returned 16.83% in Q2 2026, beating the S&P 500.

What critics are saying

  • Parnassus owned 9.6 million NVIDIA shares after selling 2.79 million in Q4 2026.
  • Its Q2 2026 portfolio held 130 stocks and $37.2 billion, leaving performance crowded.
  • If ETFs and international funds fail to gather assets, margin compression hits this boutique.

What makes Parnassus Investments unique

  • Parnassus has run responsible, quality-focused investing since 1984, anchored by sustainable-business screens.
  • In April 2025, it launched the Parnassus International Equity Fund under Ken Ryan.
  • Its December 2024 ETF debut brought PRCS and PRVS, each about 25 holdings.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Remote Work Options

Commuter Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

15%

1 year growth

15%

2 year growth

15%
Life Health
May 1st, 2026
The Way you invest says something about you.

The Way you invest says something about you. Millennials seek early retirement and values-aligned investments, but lack investing confidence. Parnassus Investments launches ebook to help investors pursue growth and values-aligned goals. Download a copy of the e-book here. SAN FRANCISCO-(BUSINESS WIRE)-A new survey of 500 millennials from Parnassus Investments, a pioneer in sustainable investing, found that 79% want to retire early but only 35% have a high level of confidence about investing. In addition, 84% of millennials said it was important that their investments align with their values, but 53% said it was hard to do. The survey also revealed that millennials have other values-driven objectives: * 87% say they want to help make a difference in the world. * 86% say environmental or social issues are an important part of their daily lives (e.g., recycling, consumption choices or workplace issues). * 84% say they would like to have more money to support the causes that matter most to them. Two-thirds of millennials say they taught themselves how to invest; only 36% use a financial advisor. When it comes to risk, they tend to approach investing with moderation, with only 14% identifying as high-risk takers (defined as comfortable with investments that may fall 20% or more for a chance to rise 20%). Instead, 59% say they are moderate investors, while 27% are conservative. Their primary financial goals are to grow their money (63%), save for retirement (51%) and have emergency savings (50%). Their biggest investing concerns are economic uncertainty (44%), market volatility or fear of losing money (40%), high fees or costs (37%), not enough knowledge about where to start (31%), and too many investment options (27%). Parnassus launches Your Story. Your Money. Your Way. In response to these insights, Parnassus developed resources specifically tailored to the age, situation and interests of millennials to help them invest in line with their financial goals and values. The firm's new free ebook, Your Story. Your Money. Your Way. serves as a practical guide to investing based on millennials' priorities and concerns. The ebook aims to help individuals feel empowered by taking steps to improve their chances of achieving their financial and personal goals. Written for new investors and those seeking growth plus values-aligned investments, the story follows three fictional millennial investors who each take a different path to achieving their objectives. It offers simple and actionable tips on the importance of starting early, managing risk through diversification, periodically rebalancing investments, and more. Millennials are at an important stage in life, particularly when it comes to investing, because they have the benefit of time on their side... The ebook also outlines ways to pursue long-term asset growth while investing with purpose. The guide introduces the Investing Values Engine, a free self-assessment tool that helps people define how their values translate into investment principles. "Millennials are at an important stage in life, particularly when it comes to investing, because they have the benefit of time on their side," said Joe Sinha, Chief Marketing Officer at Parnassus Investments. "They live with intention, and they want their investments to reflect that by building financial security while staying mindful of the world around them. This ebook is our attempt to meet them where they are and help make the path forward feel less overwhelming, so they can start investing toward financial freedom." The centerpiece of the campaign to launch the ebook is a series of "Voices on the Street" videos that showcase millennials sharing their insights. To download a free copy of the ebook, Your Story. Your Money. Your Way., visit: info.parnassus.com/yourway About the survey. The Parnassus millennial survey was conducted online in the fourth quarter of 2025 (from october 12 - 18) by logit group among 500 millennial respondents nationwide, ages 29 - 44. About Parnassus Investments.

ApartmentBuildings.com
Apr 10th, 2026
Gibraltar Tower in Seattle trades for conversion to lofts.

Gibraltar Tower in Seattle trades for conversion to lofts. News | April 10, 2026 | Jasmine Kilman Seattle & Northwest + Apartment Buildings Lee & Associates brokered the disposition of Gibraltar Tower, 1518 Third Avenue, on behalf of their client HCP Properties, Inc. The property was sold to Parnassus LLC. Gibraltar Tower was built in 1910 and is in the Pike-Pine Corridor. Situated directly across from Westlake Station and Park, the property offers unparalleled access to transit and amenities. The 41,705-square-foot building features seven stories of office space above ground-level retail, as well as a lower level for storage. The property attracted interest from institutional value-add investors, local private capital, office owner-users, and multifamily developers seeking conversion projects. Ultimately, it sold for $2.75 million to a buyer planning to convert it into affordable artist lofts. The Lee & Associates team of Alex Muir, Stuart Williams, McCallum Mead and Scotty Rowe facilitated the transaction. "This was a complex transaction that we were thrilled to see through to the end. Our client was patient throughout, and the result should be an adaptive reuse project that helps reshape downtown Seattle," said Muir.

Business Wire
May 1st, 2025
Parnassus Investments Expands Distribution Leadership with Appointment of Josean Fernandez

Parnassus Investments expands distribution leadership with appointment of Josean Fernandez.

MarketBeat
Apr 12th, 2025
Andrew Hill Investment Advisors Inc. Sells 2,335 Shares of Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)

Finally, WCM Investment Management LLC acquired a new stake in Vertex Pharmaceuticals in the fourth quarter worth about $435,899,000.

ETF Trends
Dec 12th, 2024
Parnassus Enters ETF Space With 2 Equity Funds

On Thursday, Parnassus Investments made its debut in the world of ETFs with the launch of two equity funds.

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