Praxis Investment Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 3, 2024), Praxis Investment Management Inc. reported 737 stock positions worth $1.4 billion. Its top holding was Praxis Impact Bond Fund-I (MIIIX) at 5.1% of the portfolio, followed by Apple (AAPL, 4.7%) and Nvidia (NVDA, 3.7%). Compared with Q1 2024, it opened 8 new positions, sold out of 25, added to 17 and reduced 35. The biggest buy was First Am Govt Oblig-X (FGXXX, shares +432%) and the biggest sale Adobe (ADBE, shares −62%).

Most Recent 13F
Q2 2026
Location
GOSHEN, IN
CIK
0001056825
Portfolio Value
$1.4B (Q2 2024)
SEC Filing
0001056825-24-000004 ↗ filed Jul 3, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.4B $1.4B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $1.7B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 737 stocks · $1.4B
MIIIX Praxis Impact Bond Fund-I 5.09% 8,147,572 $73.4M Reduce -0.6%
AAPL Apple Inc. 4.71% 399,198 $68.0M Reduce -0.4%
NVDA Nvidia Corp. 3.73% 62,256 $53.8M Reduce -90.0%
MSFT Microsoft Corp. 3.69% 136,858 $53.3M No change
MPLIX Praxis Intl Index-I 3.03% 3,469,282 $43.7M Reduce -0.3%
MVIIX Praxis Value Index FD-I 2.63% 2,150,618 $38.0M Reduce -0.3%
MMDEX Praxis Growth Index-I 2.59% 930,054 $37.4M Reduce -0.3%
AMZN Amazon.com Inc. 2.12% 175,000 $30.6M No change
GOOGL Alphabet Inc. Class A 1.77% 156,720 $25.5M No change
MMSIX Praxis Small Cap Index-I 1.75% 2,337,173 $25.3M Reduce -0.3%
META Meta Platforms Inc. Class A 1.74% 58,280 $25.1M No change
GOOG Alphabet Inc. Class C 1.45% 127,440 $21.0M No change
LLY Eli Lilly & Co. 1.17% 21,650 $16.9M No change
JPM JPMorgan Chase & Co. 1.11% 83,705 $16.1M No change
FGXXX First Am Govt Oblig-X 1.08% 15,545,498 $15.5M Add +431.7%
PG The Procter & Gamble Co. 1.07% 94,176 $15.4M No change
AVGO Broadcom Inc. 1.04% 11,549 $15.0M No change
LIN Linde PLC 0.90% 29,484 $13.0M No change
TSLA Tesla Inc. 0.82% 64,320 $11.8M Reduce -7.1%
V Visa Inc. Class A 0.81% 43,773 $11.8M No change
MRK Merck & Co. Inc. 0.79% 88,091 $11.4M No change
TMO Thermo Fisher Scientific Inc. 0.73% 18,459 $10.5M No change
ACN Accenture PLC Class A 0.73% 34,769 $10.5M No change
HD Home Depot Inc. 0.72% 30,978 $10.4M Reduce -3.5%
JNJ Johnson & Johnson 0.71% 70,781 $10.2M No change
MA Mastercard Inc. Class A 0.69% 22,226 $10.0M No change
DHR Danaher Corp. 0.66% 38,884 $9.6M No change
COP Conocophillips 0.64% 73,287 $9.2M No change
ORCL Oracle Corp. 0.61% 77,282 $8.8M No change
CRM Salesforce Inc. 0.54% 29,160 $7.8M No change
PEP Pepsico Inc. 0.54% 44,129 $7.8M No change
PXD Pioneer Natural Resources Co. 0.53% 28,440 $7.7M Add +5.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.52% 204,460 $7.6M No change
WMT Walmart Inc. 0.52% 126,900 $7.5M No change
LYB Lyondellbasell Indu Class A 0.52% 74,520 $7.5M No change
COST Costco Wholesale Corp. 0.47% 9,323 $6.7M Add +5.9%
AMD Advanced Micro Devices 0.47% 42,406 $6.7M No change
TT Trane Technologies PLC 0.46% 20,980 $6.7M No change
NFLX Netflix Inc. 0.46% 11,970 $6.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.44% 56,882 $6.3M No change
ABBV Abbvie Inc. 0.42% 37,621 $6.1M No change
VLO Valero Energy Corp. 0.42% 37,850 $6.1M Add +7.2%
INTU Intuit Inc. 0.41% 9,500 $5.9M No change
VZ Verizon Communications Inc. 0.39% 142,640 $5.6M No change
LOW Lowe's Cos Inc. 0.38% 24,299 $5.5M No change
CSCO Cisco Systems Inc. 0.38% 117,190 $5.5M No change
KO The Coca-Cola Co. 0.38% 88,370 $5.5M No change
MCD McDonald's Corp. 0.35% 18,237 $5.0M No change
NEE Nextera Energy Inc. 0.34% 73,990 $5.0M Add +9.4%
ELV Elevance Health Inc. 0.33% 9,010 $4.8M No change
SPGI S&P Global Inc. 0.32% 11,124 $4.6M Reduce -8.3%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.32% 95,926 $4.6M No change
ABT Abbott Laboratories 0.32% 42,910 $4.5M No change
AMAT Applied Materials Inc. 0.31% 22,816 $4.5M No change
KEYS Keysight Technologies Inc. 0.31% 30,331 $4.5M Reduce -7.8%
ITW Illinois Tool Works 0.30% 17,969 $4.4M No change
GS Goldman Sachs Group Inc. 0.30% 10,260 $4.4M No change
MCK McKesson Corp. 0.30% 8,134 $4.4M No change
NOW ServiceNow Inc. 0.30% 6,293 $4.4M No change
PGR Progressive Corp. 0.30% 20,850 $4.3M No change
AXP American Express Co. 0.30% 18,254 $4.3M No change
ADP Automatic Data Processing 0.29% 17,150 $4.1M No change
AMGN Amgen Inc. 0.29% 15,040 $4.1M No change
QCOM Qualcomm Inc. 0.28% 24,720 $4.1M No change
CMCSA Comcast Corp. Class A 0.28% 106,200 $4.0M No change
DE Deere & Co. 0.28% 10,293 $4.0M No change
SNPS Synopsys Inc. 0.27% 7,380 $3.9M No change
C Citigroup Inc. 0.27% 63,306 $3.9M No change
UNP Union Pacific Corp. 0.27% 16,321 $3.9M No change
UBER Uber Technologies Inc. 0.27% 57,750 $3.8M No change
ISRG Intuitive Surgical Inc. 0.26% 9,930 $3.7M No change
BKR Baker Hughes Co. 0.25% 112,750 $3.7M Reduce -17.0%
LRCX Lam Research Corp. 0.25% 4,073 $3.6M No change
CDNS Cadence Design SYS Inc. 0.25% 12,964 $3.6M No change
PLD Prologis Inc. 0.25% 34,998 $3.6M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.24% 37,543 $3.5M No change
NKE Nike Inc. Class B 0.24% 37,190 $3.4M No change
CB Chubb Ltd. 0.24% 13,700 $3.4M No change
MDT Medtronic PLC 0.23% 42,020 $3.4M Reduce -10.0%
REGN Regeneron Pharmaceuticals 0.23% 3,741 $3.3M No change
BMY Bristol-Myers Squibb Co. 0.23% 75,780 $3.3M Reduce -9.1%
TXN Texas Instruments Inc. 0.23% 18,640 $3.3M Reduce -2.6%
EQIX Equinix Inc. 0.23% 4,577 $3.3M No change
T AT&T Inc. 0.22% 191,746 $3.2M No change
WM Waste Management Inc. 0.22% 15,064 $3.1M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.22% 3,400 $3.1M No change
UPS United Parcel Service Class B 0.22% 21,130 $3.1M Reduce -19.6%
BSX Boston Scientific Corp. 0.21% 42,890 $3.1M No change
SO The Southern Co. 0.21% 41,691 $3.1M No change
EMR Emerson Electric Co. 0.21% 28,364 $3.1M No change
INTC Intel Corp. 0.21% 99,778 $3.0M No change
BLK BlackRock Finance Inc. 0.21% 4,002 $3.0M No change
FISV Fiserv Inc. 0.21% 19,746 $3.0M No change
JCI Johnson Controls Internation 0.21% 45,737 $3.0M No change
CVS CVS Health Corp. 0.20% 43,164 $2.9M No change
ROK Rockwell Automation Inc. 0.20% 10,708 $2.9M No change
DUK Duke Energy Corp. 0.20% 29,394 $2.9M No change
MS Morgan Stanley 0.20% 31,741 $2.9M No change
CMG Chipotle Mexican Grill Inc. 0.20% 907 $2.9M Reduce -98.0%
RSG Republic Services Inc. 0.20% 14,950 $2.9M No change

Show all 737 holdings

Portfolio Sells Q1 2024 → Q2 2024
ADBE Adobe Inc. Reduce -61.6% 0.14% −0.25
BKNG Booking Holdings Inc. Reduce -85.4% 0.03% −0.20
PANW Palo Alto Networks Inc. Sold out 0.00% −0.12
HD Home Depot Inc. Reduce -3.5% 0.72% −0.10
BMY Bristol-Myers Squibb Co. Reduce -9.1% 0.23% −0.07
ADSK Autodesk Inc. Reduce -55.7% 0.04% −0.06
ROP Roper Technologies Inc. Reduce -20.3% 0.20% −0.06
CCI Crown Castle Inc. Reduce -54.5% 0.04% −0.05
BKR Baker Hughes Co. Reduce -17.0% 0.25% −0.05
M D C HLDGS INC Sold out 0.00% −0.04
UPS United Parcel Service Class B Reduce -19.6% 0.22% −0.04
NXPI NXP Semiconductors NV Sold out 0.00% −0.04
WBA Walgreens Boots Alliance Inc. Reduce -27.9% 0.06% −0.04
GL Globe Life Inc. Reduce -46.3% 0.02% −0.04
NCLH Norwegian Cruise Line Holdin Sold out 0.00% −0.04
MDT Medtronic PLC Reduce -10.0% 0.23% −0.04
NSC Norfolk Southern Corp. Reduce -19.0% 0.11% −0.03
LEN Lennar Corp. Class A Sold out 0.00% −0.03
PTC PTC Inc. Sold out 0.00% −0.03
KEYS Keysight Technologies Inc. Reduce -7.8% 0.31% −0.03
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -51.6% 0.02% −0.03
KDP Keurig Dr Pepper Inc. Sold out 0.00% −0.03
MAA Mid-America Apartment Comm Sold out 0.00% −0.03
KVUE Kenvue Inc. Sold out 0.00% −0.03
SBAC SBA Communications Corp. Sold out 0.00% −0.02
MMSIX Praxis Small Cap Index-I Reduce -0.3% 1.75% −0.02
SPGI S&P Global Inc. Reduce -8.3% 0.32% −0.02
STX Seagate Technology Holdings Sold out 0.00% −0.02
ALB Albemarle Corp. Sold out 0.00% −0.02
DGX Quest Diagnostics Inc. Reduce -20.7% 0.11% −0.02
TEL Te Connectivity Ltd. Reduce -11.4% 0.14% −0.01
ASIX Advansix Inc. Sold out 0.00% −0.01
CCS Century Communities Inc. Sold out 0.00% −0.01
IBTX Independent Bank Group Inc. Sold out 0.00% −0.01
STEL Stellar Bancorp Inc. Sold out 0.00% −0.01
HSII Heidrick & Struggles Intl Sold out 0.00% −0.01
FIZZ National Beverage Corp. Sold out 0.00% −0.01
FBNC First Bancorp Sold out 0.00% −0.01
NVEE NV5 Global Inc. Sold out 0.00% −0.01
FCPT Four Corners Property Trust Sold out 0.00% −0.01
GSHD Goosehead Insurance Inc. Class A Sold out 0.00% −0.01
LKFN Lakeland Financial Corp. Sold out 0.00% −0.01
JACK Jack in the Box Inc. Sold out 0.00% −0.01
LGND Ligand Pharmaceuticals Sold out 0.00% −0.01
HSIC Henry Schein Inc. Reduce -4.9% 0.12% −0.01
VRSK Verisk Analytics Inc. Reduce -8.3% 0.08% −0.01
CMA Comerica Inc. Reduce -33.7% 0.02% −0.01
MVIIX Praxis Value Index FD-I Reduce -0.3% 2.63% −0.01
BBY Best Buy Co. Inc. Reduce -6.9% 0.02% −0.00
EL Estee Lauder Companies Class A Reduce -8.1% 0.02% −0.00

Portfolio Buys Q1 2024 → Q2 2024
FGXXX First Am Govt Oblig-X Add +431.7% 1.08% +0.88
PXD Pioneer Natural Resources Co. Add +5.3% 0.53% +0.06
NEE Nextera Energy Inc. Add +9.4% 0.34% +0.06
OKE Oneok Inc. Add +87.6% 0.12% +0.06
KHC The Kraft Heinz Co. New 0.04% +0.04
COST Costco Wholesale Corp. Add +5.9% 0.47% +0.04
ES Eversource Energy Add +30.6% 0.13% +0.04
NEM Newmont Corp. Add +57.9% 0.07% +0.03
AES AES Corp. Add +109.6% 0.06% +0.03
TMUS T-Mobile US Inc. Add +25.9% 0.13% +0.03
XEL Xcel Energy Inc. Add +80.2% 0.07% +0.03
EXC Exelon Corp. Add +39.2% 0.09% +0.03
SMCI Super Micro Computer Inc. New 0.03% +0.03
RUN Sunrun Inc. New 0.02% +0.02
VLO Valero Energy Corp. Add +7.2% 0.42% +0.02
CNK Cinemark Holdings Inc. New 0.02% +0.02
IIPR Innovative Industrial Proper New 0.02% +0.02
AWK American Water Works Co. Inc. Add +16.6% 0.09% +0.02
VFC VF Corp. New 0.02% +0.02
NGVT Ingevity Corp. New 0.01% +0.01
MGY Magnolia Oil & Gas Corp. Class A Add +38.3% 0.04% +0.01
DBI Designer Brands Inc. Class A New 0.01% +0.01
BIO Bio-Rad Laboratories-A Add +29.0% 0.04% +0.00
AAL American Airlines Group Inc. Add +15.7% 0.03% +0.00
SPG Simon Property Group Inc. Add +2.3% 0.11% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 853$1.9BNVDA, AAPL, MIIIX, MPLIX, MSFT
Q1 2026 789$1.6BNVDA, AAPL, MIIIX, MSFT, MPLIX
Q4 2025 777$1.7BNVDA, AAPL, MIIIX, MSFT, MPLIX
Q3 2025 800$1.7BNVDA, AAPL, MIIIX, MSFT, MPLIX
Q2 2025 787$1.6BNVDA, MIIIX, AAPL, MSFT, MPLIX
Q1 2025 784$1.5BAAPL, MIIIX, NVDA, MSFT, MPLIX
Q4 2024 814$1.5BAAPL, MIIIX, NVDA, MSFT, MPLIX
Q3 2024 748$1.6BAAPL, MIIIX, NVDA, MSFT, MPLIX
Q2 2024 737$1.4BMIIIX, AAPL, NVDA, MSFT, MPLIX
Q1 2024 754$1.5BMIIIX, AAPL, MSFT, NVDA, MPLIX