Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PARNASSUS INCOME FDS (PRCS)

21 + Investors. Track Smart Money conviction in PRCS. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
79%

Smart Money Signals — PRCS

Based on 21 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 4Q
For 2 consecutive quarters, more hedge funds added PRCS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
21 hedge funds hold PRCS right now — the highest count in 1.2 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +320% more funds vs a year ago

fund count last 5Q
+16 new funds entered over the past year (+320% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.
🟢

More buyers than sellers — 79% buying

19 buying5 selling
Last quarter: 19 funds were net buyers (6 opened a brand new position + 13 added to an existing one). Only 5 were sellers (1 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 1 → 10 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 67% entered in last year

0% conviction (2yr+) 33% medium 67% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +76%, value +42%

Value
+41%
Shares
+75%
Last quarter: funds added +76% more shares while total portfolio value only changed +42%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

9 → 1 → 10 → 6 new funds/Q
New funds entering each quarter: 9 → 1 → 10 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 100% of holders entered in last year

0% veterans 0% 1-2yr 100% new
Of 21 current holders: 21 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
1 of 21 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
6.7
out of 10
Moderate Exit Risk
Exit risk score 6.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PRCS

In 2026 Q1, 19 hedge funds were net buyers of PRCS (6 opened a new position, 13 added to an existing one), while 5 reduced or exited (1 trimmed, 4 sold completely) — a 79% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 21.

Hedge Fund Ownership: PRCS

How many hedge funds hold PRCS — quarterly history vs. share price
Quarterly hedge fund ownership of PRCS vs. share price

Market Analysis: PRCS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PRCS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy PARNASSUS INCOME FDS (PRCS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PRCS has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 53d ago
PRCS
+27.7%
SPY
+14.7%

PRCS outperformed SPY by +13.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 8d ago
PRCS
+0.3%
SPY
+0.9%

Since the filing became public, PRCS outperformed SPY by -0.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: PRCS
21 + Investors

Track Smart Money conviction in PRCS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 21 19 10.53%
13F Shares 2M 1M 75.79%
Total Value $50M $35M 41.69%
New Positions 6 10 -4
Increased Positions 13 7 +6
Closed Positions 4 1 +3
Reduced Positions 1 1 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PRCS

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

21 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PRCS. Verified SEC 13F-HR filings.

QUARTER:
Top 21 institutional holders of PRCS — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Financial Insights, Inc. 1.04% 115,099 $3.1M
2 Allegheny Financial Group 0.55% 162,987 $4.1M
3 NATURAL INVESTMENTS, LLC 0.08% 13,040
4 BROWN BROTHERS HARRIMAN & CO 0.08% 563,519 $14.1M
5 GTS SECURITIES LLC 0.04% 50,604 $1.3M
6 Mutual Advisors, LLC 0.02% 38,143 $954K
7 Cambridge Investment Research Advisors, Inc. 0.02% 307,794 $8K
8 COMMONWEALTH EQUITY SERVICES, LLC 0.02% 546,530 $13.7M
9 Ethic Inc. 0.01% 24,028 $601K
10 SITTNER & NELSON, LLC 0.01% 825 $21K
11 Cerity Partners LLC 0.01% 167,289 $4.2M
12 Sequoia Financial Advisors, LLC 0.01% 37,915 $948K
13 Modern Wealth Management, LLC 0.00% 11,384 $288K
14 Steward Partners Investment Advisory, LLC 0.00% 36,250 $906K
15 Apella Capital, LLC 0.00% 8,609 $236K
16 FIRST MANHATTAN CO. LLC. 0.00% 33,520 $838K
17 MML INVESTORS SERVICES, LLC 0.00% 33,168 $829K
18 HighTower Advisors, LLC 0.00% 72,176 $1.8M
19 RAYMOND JAMES FINANCIAL INC 0.00% 57,101 $1.4M
20 OSAIC HOLDINGS, INC. 0.00% 7,265 $182K
21 ENVESTNET ASSET MANAGEMENT INC 0.00% 33,168 $829K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — PARNASSUS INCOME FDS (PRCS)

What does the Smart Money Trend signal show for PRCS?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PRCS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PRCS?

More buyers than sellers — 79% buying: Last quarter: 19 funds were net buyers (6 opened a brand new position + 13 added to an existing one). Only 5 were sellers (1 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PRCS holders?

Smaller funds dominant — 2% AUM from top-100: 1 of 21 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PRCS?

Mostly new holders — 67% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy PARNASSUS INCOME FDS (PRCS) following the 2026 Q1 hedge fund 13F filings?

As of today, PRCS has moved +0.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of -0.6%. Since the quarter end (March 31, 2026), PRCS has gained +27.7% vs +14.7% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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