Parnassus Value Equity Fund Sold D.R. Horton (DHI) for Strategic Reorientation

2 hours ago 2

Soumya Eswaran

Thu, December 18, 2025 astatine 8:33 AM CST 2 min read

Parnassus Investments, an concern absorption firm, released its “Parnassus Value Equity Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The money focuses connected owning a concentrated portfolio of U.S. large-cap stocks. For the 3rd 4th of 2025, the money reported a nett instrumentality of 7.46% outperforming its benchmark, the Russell 1000 Value Index, which returned 5.33% for the aforesaid period. During the quarter, the portfolio reduced its value successful the IT assemblage to summation holdings successful the Health Care sector. The fund’s apical 5 holdings are besides listed successful the letter, showing the firm’s main concern positions heading into 2025.

In its third-quarter 2025 capitalist letter, Parnassus Value Equity Fund highlighted stocks specified arsenic D.R. Horton, Inc. (NYSE:DHI). D.R. Horton, Inc. (NYSE:DHI) is simply a homebuilding company. The one-month instrumentality of D.R. Horton, Inc. (NYSE:DHI) was 10.69%, and its shares gained 10.75% of their worth implicit the past 52 weeks. On December 17, 2025, D.R. Horton, Inc. (NYSE:DHI) banal closed astatine $152.00 per share, with a marketplace capitalization of $44.393 billion.

Parnassus Value Equity Fund stated the pursuing regarding D.R. Horton, Inc. (NYSE:DHI) successful its 3rd 4th 2025 capitalist letter:

"Our modulation from D.R. Horton, Inc. (NYSE:DHI) to Home Depot reflects our strategical reorientation from homebuilding to location improvement. Although some industries whitethorn payment from declining involvement rates, the location betterment manufacture is expected to supply amended risk-adjusted returns adjacent if rates enactment elevated, supported by factors specified arsenic the owe lock-in effect and aging lodging stock."

DR Horton (DHI) Jumps 17% After Earnings Beat

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