Parnassus Investments released their third-quarter 2025 investor letter, noting a 2.57% return for their core equity fund, trailing the S&P 500 Index’s 8.12% return. The fund returned 9.89% YTD. Check out their top five holdings for 2025.

In the third quarter 2025 investor letter, Parnassus Core Equity Fund highlighted W.W. Grainger, Inc. (NYSE: GWW), a distributor of maintenance, repair, and operating products. The stock had a one-month return of 9.89% and closed at $1,034.87 per share on December 22, 2025.

Parnassus Core Equity Fund praised W.W. Grainger, Inc. (NYSE: GWW) in their investor letter, citing the company’s strong leadership, economies of scale, and customer loyalty. They trimmed IT holdings to invest in Grainger, recognizing its potential in trends like digitization and nearshoring.

W.W. Grainger, Inc. (NYSE: GWW) was held by 46 hedge fund portfolios at the end of Q3 2025, down from 55 in the previous quarter. The company reported sales of $4.7 billion in Q3, showing growth potential. Consider this industrial leader for stability and dividend value.

Read more at Yahoo Finance: What Makes W.W. Grainger (GWW) an Investment Bet?