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0.00222156398104274 -0.00407286729857807 -0.00840491706161131 -0.00914543838862548 0 -0.00777547393364916 -0.00625740521327013 -0.00955272511848335
Stock impact report

Here's Why Parnassus Value Equity Fund Sold Airbnb (ABNB) [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . The fund focuses on owning a concentrated portfolio of U.S. large-cap stocks. For the third quarter of 2025, the fund reported a net return of 7.46% outperforming its benchmark, the Russell 1000 Value Index, which returned 5.33% for the same period. During the quarter, the portfolio reduced its weight in the IT sector to increase holdings in the Health Care sector. The fund's top 5 holdings are also listed in the letter, showing the firm's main investment positions heading into 2025. In its third-quarter 2025 investor letter, Parnassus Value Equity Fund highlighted stocks such as Airbnb, Inc. (NASDAQ: ABNB ). Headquartered in San Francisco, California, Airbnb, Inc. (NASDAQ:ABNB) operates a platform that connects hosts and guests. The one-month return of Airbnb, Inc. (NASDAQ:ABNB) was 19.94%, and its shares gained 3.42% of their value over the last 52 weeks. On December 17, 2025, Airbnb, Inc. (NASDAQ:ABNB) stock closed at $133.78 per shar Show less Read more
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