Page 374 - DCAC Feb 2026 Files

Parnassus Core Equity 12/31/25
PORTFOLIO CHARACTERISTICS TOP 10 HOLDINGS
Total Securities 39 Microsoft Corp 6.69 %
Avg. Market Cap $405,190 Million Alphabet Inc Class A 6.32 %
P/E 26.08 NVIDIA Corp 5.80 %
P/B 5.21 Amazon.com Inc 5.51 %
Div. Yield 0.93% Apple Inc 4.46 %
Waste Management Inc 3.56 %
Eli Lilly and Co 3.53 %
Deere & Co 3.51 %
Danaher Corp 3.19 %
Mastercard Inc Class A 2.90 %
Total 45.47 %
SECTOR ALLOCATION DRAWDOWN ANALYSIS (01/01/21 - 12/31/25)
10.0
Utilities 0.0%
Energy 0.0% 0.0
Real Estate
2.7%
Consumer Staples 3.1% -10.0
Materials 3.3%
Communication Services 6.4% -20.0
Consumer Discretionary 11.5%
Industrials 11.9% -30.0
Financials 13.6%
-40.0
Health Care 13.9%
Information Technology 33.6% 1/21 7/21 1/22 7/22 1/23 7/23 1/24 7/24 1/25 7/25 12/25
0.0% 15.0% 30.0% 45.0% Parnassus Core Equity S&P 500 Index

STYLE MAP (05/01/06 - 12/31/25) UP/DOWN CAPTURE (01/01/21 - 12/31/25)
150.0
Large Cap Value Large Cap Growth 125.0
Capitalization Up Capture 100.0

75.0
50.0
Small Cap Value Small Cap Growth
50.0 70.0 90.0 110.0 130.0 150.0
Manager Style Down Capture
Style History Dec-2025 Average Style Exposure Parnassus Core Equity

65