Praxis Investment Management Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 3, 2025), Praxis Investment Management Inc. reported 814 stock positions worth $1.5 billion. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Praxis Impact Bond Fund-I (MIIIX, 5.1%) and Nvidia (NVDA, 5.0%). Compared with Q3 2024, it opened 314 new positions, sold out of 249, added to 95 and reduced 348. The biggest buy was Tesla (TSLA, shares +9%) and the biggest sale Procter & Gamble (PG, shares −31%).

Most Recent 13F
Q2 2026
Location
GOSHEN, IN
CIK
0001056825
Portfolio Value
$1.5B (Q4 2024)
SEC Filing
0001056825-25-000001 ↗ filed Jan 3, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.5B $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 814 stocks · $1.5B

AAPL Apple Inc. 6.10% 375,278 $94.0M Reduce -6.0%
MIIIX Praxis Impact Bond Fund-I 5.06% 8,445,663 $78.0M Add +3.3%
NVDA Nvidia Corp. 4.99% 572,400 $76.9M Reduce -8.5%
MSFT Microsoft Corp. 3.72% 135,978 $57.3M Reduce -0.6%
MPLIX Praxis Intl Index-I 3.00% 3,594,119 $46.2M Add +5.8%
MVIIX Praxis Value Index FD-I 2.61% 2,313,466 $40.3M Add +7.8%
MMDEX Praxis Growth Index-I 2.55% 799,498 $39.3M Reduce -6.1%
AMZN Amazon.com Inc. 2.51% 176,370 $38.7M Add +0.8%
META Meta Platforms Inc. Class A 2.07% 54,350 $31.8M Reduce -0.3%
AVGO Broadcom Inc. 1.84% 122,410 $28.4M Add +1.6%
MMSIX Praxis Small Cap Index-I 1.74% 2,234,784 $26.7M Reduce -5.0%
TSLA Tesla Inc. 1.70% 64,790 $26.2M Add +9.1%
GOOGL Alphabet Inc. Class A 1.53% 124,790 $23.6M Reduce -20.4%
GOOG Alphabet Inc. Class C 1.24% 100,630 $19.2M Reduce -21.0%
LLY Eli Lilly & Co. 1.12% 22,340 $17.2M Add +3.2%
JPM JPMorgan Chase & Co. 1.12% 71,665 $17.2M Reduce -14.4%
HD Home Depot Inc. 0.92% 36,418 $14.2M Add +34.7%
V Visa Inc. Class A 0.87% 42,153 $13.3M Reduce -1.7%
WMT Walmart Inc. 0.72% 121,850 $11.0M Reduce -8.3%
COST Costco Wholesale Corp. 0.71% 11,913 $10.9M Add +15.4%
PG The Procter & Gamble Co. 0.71% 64,906 $10.9M Reduce -31.1%
ORCL Oracle Corp. 0.70% 64,842 $10.8M Reduce -16.1%
NFLX Netflix Inc. 0.67% 11,540 $10.3M Reduce -3.6%
MA Mastercard Inc. Class A 0.67% 19,526 $10.3M Reduce -12.2%
JNJ Johnson & Johnson 0.64% 67,841 $9.8M Reduce -7.5%
TMO Thermo Fisher Scientific Inc. 0.63% 18,519 $9.6M Add +4.1%
ABBV Abbvie Inc. 0.61% 53,171 $9.4M Add +41.3%
ACN Accenture PLC Class A 0.59% 26,039 $9.2M Reduce -25.1%
LIN Linde PLC 0.59% 21,644 $9.1M Reduce -26.6%
PEP Pepsico Inc. 0.55% 56,089 $8.5M Add +48.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.51% 177,970 $7.8M Reduce -13.0%
CRM Salesforce Inc. 0.50% 23,040 $7.7M Reduce -7.3%
MRK Merck & Co. Inc. 0.46% 71,261 $7.1M Reduce -19.1%
NOW ServiceNow Inc. 0.43% 6,313 $6.7M Add +0.3%
DHR Danaher Corp. 0.42% 28,454 $6.5M Reduce -26.8%
TT Trane Technologies PLC 0.42% 17,510 $6.5M Reduce -16.5%
PGR Progressive Corp. 0.40% 25,520 $6.1M Add +22.4%
AXP American Express Co. 0.38% 19,704 $5.8M Add +7.9%
CSCO Cisco Systems Inc. 0.38% 98,050 $5.8M Reduce -2.9%
QCOM Qualcomm Inc. 0.37% 37,330 $5.7M Add +51.0%
COP Conocophillips 0.37% 57,334 $5.7M Reduce -25.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 48,339 $5.4M Add +5.3%
KO The Coca-Cola Co. 0.35% 85,620 $5.3M Reduce -9.4%
DE Deere & Co. 0.34% 12,223 $5.2M Add +148.3%
FGXXX First Am Govt Oblig-X 0.34% 5,171,051 $5.2M Add +36.5%
ISRG Intuitive Surgical Inc. 0.33% 9,740 $5.1M Reduce -1.9%
ITW Illinois Tool Works 0.33% 19,839 $5.0M Add +10.4%
LOW Lowe's Cos Inc. 0.32% 20,269 $5.0M Add +9.3%
GS Goldman Sachs Group Inc. 0.32% 8,730 $5.0M Reduce -14.9%
ABT Abbott Laboratories 0.32% 44,020 $5.0M Add +43.7%
MCD McDonald's Corp. 0.32% 17,127 $5.0M Reduce -11.7%
T AT&T Inc. 0.31% 206,766 $4.7M Reduce -2.3%
INTU Intuit Inc. 0.30% 7,310 $4.6M Reduce -14.5%
BSX Boston Scientific Corp. 0.29% 49,660 $4.4M Add +15.8%
AMD Advanced Micro Devices 0.28% 35,256 $4.3M Reduce -16.9%
MS Morgan Stanley 0.26% 32,291 $4.1M Reduce -10.0%
FISV Fiserv Inc. 0.26% 19,746 $4.1M No change
NEE Nextera Energy Inc. 0.26% 56,120 $4.0M Reduce -12.6%
UNP Union Pacific Corp. 0.26% 17,521 $4.0M Add +7.3%
KMI Kinder Morgan Inc. 0.25% 141,900 $3.9M New
BKNG Booking Holdings Inc. 0.25% 770 $3.8M Add +450.0%
AMAT Applied Materials Inc. 0.25% 23,216 $3.8M Add +1.8%
EOG EOG Resources Inc. 0.25% 30,780 $3.8M Add +73.7%
MDLZ Mondelez International Inc. Class A 0.24% 62,462 $3.7M Add +60.3%
AMGN Amgen Inc. 0.24% 14,120 $3.7M Reduce -6.1%
SPGI S&P Global Inc. 0.24% 7,344 $3.7M Reduce -34.0%
CB Chubb Ltd. 0.23% 13,000 $3.6M Reduce -5.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.23% 3,400 $3.6M No change
VZ Verizon Communications Inc. 0.23% 89,300 $3.6M Reduce -22.7%
C Citigroup Inc. 0.23% 50,406 $3.5M Reduce -20.4%
CMCSA Comcast Corp. Class A 0.23% 94,190 $3.5M Reduce -11.3%
BLK BlackRock Inc. 0.23% 3,382 $3.5M Reduce -15.5%
SYK Stryker Corp. 0.22% 9,570 $3.4M Add +21.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 28,443 $3.4M Reduce -24.2%
MDT Medtronic PLC 0.22% 42,950 $3.4M Reduce -16.7%
TXN Texas Instruments Inc. 0.22% 18,270 $3.4M Reduce -2.0%
MRSH Marsh & McLennan Cos 0.22% 16,120 $3.4M Add +63.5%
BMY Bristol-Myers Squibb Co. 0.21% 58,360 $3.3M Reduce -23.0%
ANET Arista Networks Inc. 0.21% 29,760 $3.3M No change
MCK McKesson Corp. 0.21% 5,744 $3.3M Reduce -29.4%
GILD Gilead Sciences Inc. 0.21% 34,790 $3.2M Add +1.6%
SNPS Synopsys Inc. 0.21% 6,600 $3.2M Reduce -10.6%
CDNS Cadence Design SYS Inc. 0.21% 10,624 $3.2M Reduce -18.1%
BKR Baker Hughes Co. 0.20% 76,280 $3.1M Reduce -52.0%
ROK Rockwell Automation Inc. 0.20% 10,918 $3.1M Add +17.1%
TMUS T-Mobile US Inc. 0.20% 13,760 $3.0M Add +22.1%
PSX Phillips 66 0.20% 26,620 $3.0M New
RSG Republic Services Inc. 0.20% 14,950 $3.0M No change
PANW Palo Alto Networks Inc. 0.19% 16,170 $2.9M New
WMB Williams Cos Inc. 0.19% 54,060 $2.9M New
ADP Automatic Data Processing 0.19% 9,850 $2.9M Reduce -42.6%
SO The Southern Co. 0.19% 34,801 $2.9M Reduce -16.5%
UBER Uber Technologies Inc. 0.19% 47,490 $2.9M Reduce -17.8%
ELV Elevance Health Inc. 0.18% 7,510 $2.8M Reduce -16.6%
CMG Chipotle Mexican Grill Inc. 0.18% 45,350 $2.7M No change
REGN Regeneron Pharmaceuticals 0.18% 3,831 $2.7M Add +2.4%
DUK Duke Energy Corp. 0.17% 24,994 $2.7M Reduce -15.0%
UPS United Parcel Service Class B 0.17% 21,350 $2.7M Add +70.3%
WM Waste Management Inc. 0.17% 13,134 $2.6M Reduce -12.8%
ICE Intercontinental Exchange Inc. 0.17% 17,620 $2.6M Reduce -8.8%

Show all 814 holdings

Portfolio Sells Q3 2024 → Q4 2024

PG The Procter & Gamble Co. Reduce -31.1% 0.71% −0.32
LYB Lyondellbasell Indu Class A Reduce -58.7% 0.15% −0.30
LIN Linde PLC Reduce -26.6% 0.59% −0.30
DHR Danaher Corp. Reduce -26.8% 0.42% −0.26
VLO Valero Energy Corp. Reduce -60.1% 0.13% −0.22
ACN Accenture PLC Class A Reduce -25.1% 0.59% −0.18
MRK Merck & Co. Inc. Reduce -19.1% 0.46% −0.17
AMD Advanced Micro Devices Reduce -16.9% 0.28% −0.16
BKR Baker Hughes Co. Reduce -52.0% 0.20% −0.16
SLB SLB Ltd. Reduce -49.6% 0.14% −0.15
ZTS Zoetis Inc. Reduce -76.5% 0.04% −0.15
COP Conocophillips Reduce -25.8% 0.37% −0.14
ORCL Oracle Corp. Reduce -16.1% 0.70% −0.13
SPGI S&P Global Inc. Reduce -34.0% 0.24% −0.12
MTD Mettler-Toledo International Reduce -67.8% 0.04% −0.12
ELV Elevance Health Inc. Reduce -16.6% 0.18% −0.12
JNJ Johnson & Johnson Reduce -7.5% 0.64% −0.11
ADP Automatic Data Processing Reduce -42.6% 0.19% −0.11
YUM Yum! Brands Inc. Sold out 0.00% −0.11
ED Consolidated Edison Inc. Reduce -59.0% 0.06% −0.11
GOOGL Alphabet Inc. Class A Reduce -20.4% 1.53% −0.11
AMT American Tower Corp. Reduce -51.7% 0.06% −0.10
GOOG Alphabet Inc. Class C Reduce -21.0% 1.24% −0.10
CVS CVS Health Corp. Reduce -40.1% 0.08% −0.10
VZ Verizon Communications Inc. Reduce -22.7% 0.23% −0.10
TT Trane Technologies PLC Reduce -16.5% 0.42% −0.09
UBER Uber Technologies Inc. Reduce -17.8% 0.19% −0.09
AMCR Amcor PLC Sold out 0.00% −0.08
KO The Coca-Cola Co. Reduce -9.4% 0.35% −0.08
MMSIX Praxis Small Cap Index-I Reduce -5.0% 1.74% −0.08
NEE Nextera Energy Inc. Reduce -12.6% 0.26% −0.08
LRCX Lam Research Corp. Reduce -31.9% 0.13% −0.08
VTOL Bristow Group Inc. Sold out 0.00% −0.08
VLTO Veralto Corp. Reduce -53.7% 0.06% −0.08
HAS Hasbro Inc. Reduce -73.6% 0.02% −0.07
MPWR Monolithic Power Systems Inc. Sold out 0.00% −0.07
IPG Interpublic Group of Cos Inc. Sold out 0.00% −0.07
MRO Marathon Oil Corp. Sold out 0.00% −0.07
ADBE Adobe Inc. Reduce -42.0% 0.08% −0.07
HST Host Hotels & Resorts Inc. Reduce -73.2% 0.03% −0.07
MDT Medtronic PLC Reduce -16.7% 0.22% −0.07
AMGN Amgen Inc. Reduce -6.1% 0.24% −0.07
SM SM Energy Co. Reduce -82.1% 0.01% −0.07
MLI Mueller Industries Inc. Reduce -83.1% 0.01% −0.06
EMR Emerson Electric Co. Reduce -39.4% 0.16% −0.06
JCI Johnson Controls Internation Reduce -31.6% 0.16% −0.06
EQIX Equinix Inc. Reduce -33.7% 0.17% −0.06
BAX Baxter International Inc. Reduce -63.1% 0.03% −0.06
TYL Tyler Technologies Inc. Reduce -48.6% 0.07% −0.06
CVI CVR Energy Inc. Sold out 0.00% −0.06

Portfolio Buys Q3 2024 → Q4 2024

TSLA Tesla Inc. Add +9.1% 1.70% +0.72
AVGO Broadcom Inc. Add +1.6% 1.84% +0.53
AMZN Amazon.com Inc. Add +0.8% 2.51% +0.46
KMI Kinder Morgan Inc. New 0.25% +0.25
HD Home Depot Inc. Add +34.7% 0.92% +0.23
BKNG Booking Holdings Inc. Add +450.0% 0.25% +0.21
DE Deere & Co. Add +148.3% 0.34% +0.21
PSX Phillips 66 New 0.20% +0.20
PANW Palo Alto Networks Inc. New 0.19% +0.19
WMB Williams Cos Inc. New 0.19% +0.19
KKR KKR & Co. Inc. New 0.16% +0.16
PEP Pepsico Inc. Add +48.2% 0.55% +0.15
ABBV Abbvie Inc. Add +41.3% 0.61% +0.15
MRVL Marvell Technology Inc. New 0.14% +0.14
COST Costco Wholesale Corp. Add +15.4% 0.71% +0.13
PCAR Paccar Inc. New 0.13% +0.13
APP AppLovin Corp. Class A New 0.12% +0.12
HEI Heico Corp. New 0.11% +0.11
EOG EOG Resources Inc. Add +73.7% 0.25% +0.11
QCOM Qualcomm Inc. Add +51.0% 0.37% +0.11
D Dominion Energy Inc. New 0.10% +0.10
ABT Abbott Laboratories Add +43.7% 0.32% +0.10
MIIIX Praxis Impact Bond Fund-I Add +3.3% 5.06% +0.10
CRWD CrowdStrike Holdings Inc. Class A Add +214.9% 0.13% +0.10
FGXXX First Am Govt Oblig-X Add +36.5% 0.34% +0.10
USB US Bancorp Add +212.8% 0.13% +0.09
WDAY Workday Inc. Class A New 0.09% +0.09
MSTR Strategy Inc. New 0.09% +0.09
SNOW Snowflake Inc. New 0.09% +0.09
DASH DoorDash Inc. Class A New 0.09% +0.09
TTD Trade Desk Inc./the Class A New 0.09% +0.09
LULU Lululemon Athletica Inc. New 0.09% +0.09
MRSH Marsh & McLennan Cos Add +63.5% 0.22% +0.08
EQT Eqt Corp. New 0.08% +0.08
MKL Markel Group Inc. New 0.08% +0.08
NOW ServiceNow Inc. Add +0.3% 0.43% +0.08
COIN Coinbase Global Inc. Class A New 0.08% +0.08
DDOG Datadog Inc. Class A New 0.08% +0.08
TEAM Atlassian Corp. Class A New 0.08% +0.08
ACGL Arch Capital Group Ltd. Add +239.9% 0.12% +0.08
IRM Iron Mountain Inc. Add +136.3% 0.14% +0.07
XYZ Block Inc. New 0.07% +0.07
MUSA Murphy USA Inc. New 0.07% +0.07
DIS The Walt Disney Co. Add +5.3% 0.35% +0.07
AON Aon PLC Class A Add +109.8% 0.13% +0.07
FANG Diamondback Energy Inc. New 0.07% +0.07
AXP American Express Co. Add +7.9% 0.38% +0.07
UPS United Parcel Service Class B Add +70.3% 0.17% +0.07
FERG Ferguson Enterprises Inc. New 0.07% +0.07
HUBS HubSpot Inc. New 0.07% +0.07

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