Parnassus Mid Cap Fund adds SNOW, HOOD; exits SNDK, BILL among Q2 moves
Parnassus Mid Cap Fund returned 14.64% in Q2, outperforming the Russell Midcap Index. The fund added Snowflake (SNOW), Robinhood (HOOD), Williams (WMB), Rentokil Initial (RTO), and Guidewire (GWRE). It exited BILL Holdings, Broadridge, TransUnion, Verisk Analytics due to AI concerns, and sold SanDisk to reduce semiconductor exposure.