Parnassus Mid Cap Fund’s Q3 2025 Investor Letter

Parnassus Investments, an investment management company, released the “Parnassus Mid Cap Fund” third-quarter 2025 investor letter. Following a robust second quarter in which markets rebounded from the sell-off, the Russell Mid Cap Index continued to rise, delivering impressive returns for the quarter. The Fund (Investor Shares) returned 5.49% (net of fees) in the quarter, compared to a 5.33% return for the Russell Midcap Index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Parnassus Mid Cap Fund’s Q3 2025 investor letter can be downloaded here.