Parnassus Investment
One Market - Steuart Tower #1600
San Francisco, CA 94105
May 6, 1999
Securities and Exchange Commission
450 Washington Street NW
Washington, DC 20549-1004
Dear Sir:
Enclosed is the Schedule 13F report for March 31, 1999.
Sincerely,
Howard Fong
Vice President
UNITES STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGE~RS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended ________MARCH 31, 1999___________
(Please read instructions before preparing form.)
If amended report check here:
___________Parnassus Investments_______________________________________________
Name of Institutional Investment Manager
__One Market, Steuart Tower - Suite #1600, San Francisco, CA 94105______________
Business Address (Street) (City) (State) (ZIP)
__________Howard Fong, Vice President_____________(415) 778-0200_____________
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)
The institutional investment manager submitting this Form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
Form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of______San Francisco______and State of
____California_____ on the ___6_ dav of______May___, 1999
____Parnassus Investments_______
(Name of Institutional Investment Manager)
(Manual Signature of Person Duly Authorized
to Submit This Report)
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
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Item 1: Name of Issuer Item 2: Item 3: Item 4: Item 5: Shares Item 6: Item 7: Item 8 Voting
Title of Class CUSIP Fair Market of Principal Investment Managers Authority
Number Value Amount Discretion (Shares)
(a) Sole (b)(c) (a) Sole (b) (c)
<S> <C> <C> <C> <C> <C> <C><C> <C> <C> <C> <C>
Advanced Micro Devices, Inc. Common Stock 007903107 9,457 610,000 X 610,000
Consolidated Stores Corp. Common Stock 210149100 303 10,000 X 10,000
Compaq Computer Corporation Common Stock 204493100 15,558 490,000 X 490,000
Hewlett-Packard Company Common Stock 428236103 13,902 205,000 X 205,000
LSI Logic Corporation Common Stock 502161102 9,545 306,000 X 306,000
Mattel, Inc. Common Stock 577081102 6,990 276,000 X 276,000
Morgan Products, Ltd. Common Stock 617439104 2,958 830,300 X 830,300
Reebok International, Ltd. Common Stock 758110100 5,636 355,000 X 355,000
St. John Knits, Inc. Common Stock 790289102 8,572 325,000 X 325,000
Western Digital Corporation Common Stock 958102105 8,492 1,070,000 X 1,070,000
Wellman, Inc. Common Stock 949702104 2,663 300,000 X 300,000
ADAC Laboratories Common Stock 005313200 5,109 375,000 X 375,000
Adobe Systems, Inc. Common Stock 00724F101 8,796 155,000 X 155,000
Adaptec. Inc. Common Stock 00651F108 9,287 406,000 X 406,000
Applied Materials, Inc. Common Stock 038222105 13,139 213,000 X 213,000
Apex PC Solutions, Inc. Common Stock 037945102 418 30,000 X 30,000
Building Materials Holding Common Stock 120113105 3,696 365,000 X 365,000
Corp.
Cognex Corporation Common Stock 192422103 16,937 715,000 X 715,000
Electro Scientific Industries Common Stock 285229100 27,947 601,000 X 601,000
Just for Feet, Inc. Common Stock 48213P106 5,038 403,000 X 403,000
FEI Company Common Stock 30241L109 3,894 465,000 X 465,000
Helix Technology Corporation Common Stock 423319102 10,071 655,000 X 655,000
Intel Corporation Common Stock 458140100 25,135 211,000 X 211,000
Invacare Corporation Common Stock 461203101 316 13,000 X 13,000
Lam Research Corporation Common Stock 512807108 11,600 40,000 X 400,000
Micrion Corporation Common Stock 59479P102 1,350 160,000 X 160,000
Herman Miller, Inc. Common Stock 600544100 2,646 145,000 X 145,000
Oxford Health Plans, Inc. Common Stock 691471106 9,266 593,000 X 593,000
Quantum Corporation Common Stock 747906105 9,576 532,000 X 532,000
Read-Rite Corporation Common Stock 755246105 330 50,000 X 50,000
Symantec Corporation Common Stock 871503108 2,575 152,000 X 152,000
Whole Foods Market, Inc. Common Stock 966837106 10,519 306,000 X 306,000
Xylan Corporation Common Stock 984151100 14,725 400,000 X 400,000
Aetna, Inc. Common Stock 008117103 332 4,000 X 4,000
American International Group Common Stock 026874107 1,206 10,000 X 10,000
Ascend Communications Common Stock 043491109 251 3,000 X 3,000
Baldor Electric Company Common Stock 057741100 403 20,000 X 20,000
Chevron Common Stock 166751107 354 4,000 X 4,000
Cigna Corporation Common Stock 125509109 419 5,000 X 5,000
Colgate Palmolive Company Common Stock 194162103 221 2,400 X 2,400
Clorox Company Common Stock 189054109 234 2,000 X 2,000
Campbell Soup Company Common Stock 134429109 305 7,500 X 7,500
Cisco Systems Common Stock 17275R102 1,096 10,000 X 10,000
Dana Corporation Common Stock 235811106 380 10,000 X 10,000
Eastman Kodak Common Stock 277461109 319 5,000 X 5,000
Enron Corporation Common Stock 293561106 321 5,000 X 5,000
Federal National Mortgage Common Stock 313586109 485 7,000 X 7,000
Assn.
Federal Home Loan Mortgage Common Stock 313400301 229 4,000 X 4,000
General Mills, Inc. Common Stock 370334104 227 3,000 X 3,000
The Gap, Inc. Common Stock 364760108 252 3,750 X 3,750
Heinz (H.J.) Company Common Stock 423074103 332 7,000 X 7,000
International Business Common Stock 459200101 355 2,000 X 2,000
Machines
J.C. Penney Company, Inc. Common Stock 708160106 648 16,000 X 16,000
Johnson & Johnson Common Stock 478160104 935 10,000 X 10,000
Kellogg Company Common Stock 487836108 406 12,000 X 12,000
Lucent Technologies Common Stock 549463107 216 2,000 X 2,000
Marsh & McLennan Common Stock 571748102 371 5,000 X 5,000
Merck & Company, Inc. Common Stock 589331107 641 8,000 X 8,000
Micron Technology, Inc. Common Stock 595112103 337 7,000 X 7,000
Nordstrom, Inc. Common Stock 655664100 229 5,600 X 5,600
Newell Company Common Stock 651192106 337 7,047 X 7,047
Proctor & Gamble Company Common Stock 742718109 1,175 12,000 X 12,000
SAFECO Corporation Common Stock 786429100 275 6,800 X 6,800
Schwab Corporation Common Stock 808513105 385 4,000 X 4,000
UNUM Corporation Common Stock 903192102 238 5,000 X 5,000
US West, Inc. Common Stock 912889102 420 7,636 X 7,636
Walgreen Company Common Stock 931422109 226 8,000 X 8,000
Wells Fargo & Company Common Stock 949740104 596 17,000 X 17,000
Whirlpool Corporation Common Stock 963320106 218 4,000 X 4,000
Washington Mutual, Inc. Common Stock 939322103 245 6,000 X 6,000
Xerox Corporation Common Stock S16139991 281 5,400 X 5,400
GRAND TOTALS 292,346
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