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AnalysesQuarterly Letters✦Warren AI
AnalysesQuarterly Letters✦Warren AI
Parnassus Investments

Parnassus Mid Cap Fund

US Mid-cap

Dec 2024 → Dec 2025

Our archive holds 2 letters from this strategy, behind 3 investment theses and positions in 3 companies. Every quote below is copied verbatim from the letter it came from.

2 letters in 2 years — follow all of Parnassus Investments for every strategy.

Its investment theses

  • Ingersoll Rand Inc.Dec 2025Ingersoll Rand Inc. is a global industrial equipment maker poised to benefit from an anticipated industrial recovery and construction megaprojects.
  • CMS Energy Corp.Dec 2025CMS Energy Corp. is a well-managed Michigan utility with constructive regulation and a capital plan expected to modestly accelerate earnings growth.
  • Chipotle Mexican Grill Inc.Dec 2025Chipotle Mexican Grill Inc. is a fast-casual leader with strong brand and a unique value proposition, with new initiatives and easing inflation expected to reaccelerate growth.

Every letter

2025

  • December 2025

2024

  • December 2024

Other Parnassus Investments strategies

  • Parnassus Value Equity Fund3
  • Parnassus Core Equity Fund2
  • Parnassus Growth Equity Fund2
  • Parnassus Mid Cap Growth Fund2
  • Parnassus Core Select ETF1
  • Parnassus International Equity Fund1
  • Parnassus Value Select ETF1
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