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Parnassus Core Equity Fund Sold Intuit (INTU) After Share Price Appreciation
Market Intelligence Analysis
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Why This Matters
Parnassus Core Equity Fund sold Intuit (INTU) after its share price appreciation, indicating a potential rotation in the fund's portfolio as the S&P 500 Index surged in the third quarter.
Market Impact
Market impact analysis based on bearish sentiment with 76% confidence.
Sentiment
Bearish
AI Confidence
76%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Parnassus Investments, an investment management company, released the “Parnassus Core Equity Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index surged in the third quarter, driven by investor optimism that grew on expectations of monetary easing, strong consumer demand, and solid corporate earnings. The Fund (Investor […]
Original article published by
Unknown
on December 23, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.