Tag: Endeavor

Top Q2 Buys of the Parnassus Endeavor Fund

The Parnassus Endeavor Fund (Trades, Portfolio) recently released its portfolio updates for the second quarter of 2020, which ended on June 30.

The fund follows a socially responsible value-based strategy, investing in a wide range of deeply discounted, out-of-favor stocks that have long term competitive advantages and relevancy, quality management and positive scores on ESG (Environmental, Social and Corporate Governance) criteria. The fund’s portfolio managers are Jerome Dodson (Trades, Portfolio) (the Chairman of Parnassus Investments) and Billy Hwan (the Senior Research Analyst).

Based on its investing criteria, the fund cut back on several positions during the quarter, including VF Corp.

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