Skip to contentHome page Seeking Alpha - Power to InvestorsApr 19, 2026, 12:11 PM ETParnassus Core Equity Fund Investor (PRBLX), PRILXParnassus Investments39 FollowersCommentsSummaryParnassus Core Equity Fund (Investor Shares) returned -6.17% (net of fees) during the quarter, underperforming the S&P 500 Index's -4.33%.Our holdings in the Health Care sector hurt performance, along with a lack of exposure to the Energy and Utilities sectors. On the upside, holdings in the Industrials and Consumer Discretionary sectors buoyed relative results.We have not made any event-driven positioning shifts in response to the geopolitical conflicts in the Middle East as we continue to pursue downside mitigation while remaining open to compelling opportunities.We continuously review our position sizes and valuations in response to evolving risk/reward opportunities.We remain committed to our disciplined investment process, seeking increasingly relevant, competitively advantaged businesses at attractive valuations with the goal of creating enduring value for our investors.Joshua wanchai/iStock via Getty ImagesMarket ReviewThe S&P 500 Index faced a volatile first quarter, shaped by escalating geopolitical tensions and a spike in oil prices related to the conflict in Iran, which supported Energy and defense stocks. Despite the uncertainty, theThis article was written byParnassus Investments39 FollowersSince 1984, Parnassus Investments has invested differently. Parnassus' single investment team curates concentrated portfolios of high-quality companies that are financially strong and take care of the human and natural resources upon which their businesses rely in the pursuit of enduring value. Note: This account is not managed or monitored by Parnassus Investments, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Parnassus Investments' official channels.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.