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Parnassus Mid Cap adds SNOW, HOOD, WMB; exits BILL, BR, TRU
Parnassus Mid Cap Q2: added SNOW, HOOD, WMB; exited BILL, BR, TRU on AI risks. Alpha Scores: SNOW 43, HOOD 52, WMB 56.
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Parnassus Mid Cap Fund disclosed second-quarter trades that added Snowflake, Robinhood Markets and Williams Companies while exiting Bill Holdings, Broadridge Financial Solutions and Truist Financial.
The fund, which beat the Russell Midcap index in the first quarter, cited AI-related risks as a factor in the exit decisions, according to the filing.
Snowflake, a cloud data platform, carries an Alpha Score of 43 at AlphaScala, reflecting mixed sentiment. Robinhood's score is 52, also in Mixed territory. Williams Companies, an energy infrastructure firm, scores 56 – Moderate.
The filing covers holdings as of June 30.
How this story was producedLast reviewed Jul 16, 2026
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.
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