Praxis Investment Management Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Praxis Investment Management Inc. reported 787 stock positions worth $1.6 billion. Its top holding was Nvidia (NVDA) at 5.2% of the portfolio, followed by Praxis Impact Bond Fund-I (MIIIX, 5.1%) and Apple (AAPL, 4.6%). Compared with Q1 2025, it opened 81 new positions, sold out of 78, added to 85 and reduced 213. The biggest buy was a new position in GE Vernova (GEV) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
GOSHEN, IN
CIK
0001056825
Portfolio Value
$1.6B (Q2 2025)
SEC Filing
0001056825-25-000006 ↗ filed Jul 29, 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 Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.6B $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 787 stocks · $1.6B

NVDA Nvidia Corp. 5.23% 514,660 $81.3M Reduce -2.4%
MIIIX Praxis Impact Bond Fund-I 5.12% 8,443,186 $79.5M Add +2.1%
AAPL Apple Inc. 4.60% 348,128 $71.4M Reduce -2.4%
MSFT Microsoft Corp. 4.35% 135,978 $67.6M No change
MPLIX Praxis Intl Index-I 3.12% 3,234,510 $48.5M Reduce -3.8%
MMDEX Praxis Growth Index-I 2.75% 825,093 $42.7M Reduce -5.4%
MVIIX Praxis Value Index FD-I 2.73% 2,317,407 $42.5M Add +1.5%
AMZN Amazon.com Inc. 2.47% 175,000 $38.4M Reduce -1.2%
META Meta Platforms Inc. Class A 2.18% 45,840 $33.8M Reduce -4.1%
AVGO Broadcom Inc. 2.00% 112,950 $31.1M Reduce -3.6%
MMSIX Praxis Small Cap Index-I 1.82% 2,395,714 $28.3M Add +1.1%
GOOGL Alphabet Inc. Class A 1.41% 124,440 $21.9M Reduce -0.5%
JPM JPMorgan Chase & Co. 1.34% 71,665 $20.8M No change
TSLA Tesla Inc. 1.25% 61,070 $19.4M Add +2.2%
GOOG Alphabet Inc. Class C 1.15% 100,630 $17.9M No change
LLY Eli Lilly & Co. 1.07% 21,350 $16.6M Reduce -4.2%
NFLX Netflix Inc. 0.99% 11,520 $15.4M No change
V Visa Inc. Class A 0.96% 42,153 $15.0M No change
ORCL Oracle Corp. 0.87% 61,542 $13.5M Reduce -2.7%
HD Home Depot Inc. 0.83% 35,378 $13.0M Reduce -2.8%
WMT Walmart Inc. 0.77% 121,850 $11.9M No change
COST Costco Wholesale Corp. 0.67% 10,583 $10.5M Reduce -9.3%
PG The Procter & Gamble Co. 0.64% 62,706 $10.0M Reduce -1.1%
ABBV Abbvie Inc. 0.64% 53,171 $9.9M No change
MA Mastercard Inc. Class A 0.62% 17,176 $9.7M Reduce -9.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.53% 173,310 $8.2M Reduce -2.6%
LIN Linde PLC 0.51% 16,824 $7.9M Reduce -13.0%
TT Trane Technologies PLC 0.49% 17,510 $7.7M No change
JNJ Johnson & Johnson 0.49% 49,661 $7.6M Reduce -24.0%
KO The Coca-Cola Co. 0.45% 99,190 $7.0M Reduce -6.0%
CSCO Cisco Systems Inc. 0.44% 98,040 $6.8M Reduce -1.1%
COP Conocophillips 0.44% 75,664 $6.8M Add +4.9%
TMO Thermo Fisher Scientific Inc. 0.43% 16,459 $6.7M Reduce -1.6%
NOW ServiceNow Inc. 0.42% 6,293 $6.5M No change
PGR Progressive Corp. 0.41% 24,030 $6.4M Reduce -5.9%
PEP Pepsico Inc. 0.40% 47,109 $6.2M Reduce -7.3%
DE Deere & Co. 0.40% 12,223 $6.2M No change
ABT Abbott Laboratories 0.40% 45,450 $6.2M No change
GS Goldman Sachs Group Inc. 0.40% 8,730 $6.2M No change
ACN Accenture PLC Class A 0.38% 19,769 $5.9M Reduce -12.6%
DHR Danaher Corp. 0.37% 29,374 $5.8M Add +3.2%
MRK Merck & Co. Inc. 0.37% 72,431 $5.7M Reduce -4.4%
QCOM Qualcomm Inc. 0.35% 34,250 $5.5M Reduce -5.3%
BSX Boston Scientific Corp. 0.35% 50,500 $5.4M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.35% 43,289 $5.4M Reduce -6.5%
CRM Salesforce Inc. 0.33% 19,070 $5.2M Reduce -27.3%
BKNG Booking Holdings Inc. 0.33% 890 $5.2M No change
INTU Intuit Inc. 0.33% 6,540 $5.2M No change
T AT&T Inc. 0.33% 174,986 $5.1M No change
AXP American Express Co. 0.32% 15,794 $5.0M Reduce -4.2%
AMD Advanced Micro Devices 0.32% 34,926 $5.0M Reduce -15.0%
UBER Uber Technologies Inc. 0.30% 50,480 $4.7M No change
MS Morgan Stanley 0.29% 32,291 $4.5M No change
ITW Illinois Tool Works 0.29% 18,259 $4.5M Reduce -18.6%
ISRG Intuitive Surgical Inc. 0.29% 8,240 $4.5M Reduce -10.1%
LOW Lowe's Cos Inc. 0.28% 19,359 $4.3M Reduce -4.5%
C Citigroup Inc. 0.28% 50,406 $4.3M No change
KMI Kinder Morgan Inc. 0.28% 145,730 $4.3M Reduce -29.8%
MCK McKesson Corp. 0.27% 5,744 $4.2M No change
AMAT Applied Materials Inc. 0.27% 22,816 $4.2M Reduce -1.4%
CMCSA Comcast Corp. Class A 0.26% 114,240 $4.1M Reduce -5.7%
EOG EOG Resources Inc. 0.26% 33,170 $4.0M Add +19.8%
ROK Rockwell Automation Inc. 0.25% 11,678 $3.9M Add +7.0%
GILD Gilead Sciences Inc. 0.25% 34,790 $3.9M No change
MDLZ Mondelez International Inc. Class A 0.25% 56,962 $3.8M No change
CB Chubb Ltd. 0.24% 12,990 $3.8M Reduce -8.8%
RSG Republic Services Inc. 0.24% 14,950 $3.7M No change
AMGN Amgen Inc. 0.23% 12,830 $3.6M Reduce -3.3%
SNPS Synopsys Inc. 0.23% 6,980 $3.6M Add +5.0%
VZ Verizon Communications Inc. 0.23% 81,980 $3.5M Reduce -9.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.23% 3,400 $3.5M No change
FGXXX First Am Govt Oblig-X 0.23% 3,508,528 $3.5M Reduce -21.7%
BLK BlackRock Inc. 0.23% 3,332 $3.5M Reduce -1.5%
SPGI S&P Global Inc. 0.22% 6,584 $3.5M Reduce -12.1%
LYB Lyondellbasell Indu Class A 0.22% 59,390 $3.4M Add +85.5%
FISV Fiserv Inc. 0.22% 19,746 $3.4M No change
MU Micron Technology Inc. 0.22% 27,480 $3.4M Reduce -3.5%
UNP Union Pacific Corp. 0.22% 14,661 $3.4M Reduce -17.4%
COF Capital One Financial Corp. 0.22% 15,730 $3.3M Add +59.7%
MCD McDonald's Corp. 0.21% 11,417 $3.3M Reduce -30.2%
ANET Arista Networks Inc. 0.21% 32,530 $3.3M Add +9.3%
JCI Johnson Controls Internation 0.21% 31,287 $3.3M No change
CDNS Cadence Design SYS Inc. 0.21% 10,624 $3.3M No change
SCHW Schwab (charles) Corp. 0.21% 35,800 $3.3M Reduce -1.5%
SYK Stryker Corp. 0.21% 8,210 $3.2M No change
ICE Intercontinental Exchange Inc. 0.21% 17,620 $3.2M No change
CRWD CrowdStrike Holdings Inc. Class A 0.21% 6,320 $3.2M No change
SO The Southern Co. 0.21% 34,801 $3.2M No change
HOOD Robinhood Markets Inc. Class A 0.21% 34,060 $3.2M No change
WM Waste Management Inc. 0.20% 13,900 $3.2M Reduce -5.3%
NEE Nextera Energy Inc. 0.20% 45,560 $3.2M Reduce -25.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.20% 25,503 $3.1M No change
GEV GE Vernova Inc. 0.20% 5,900 $3.1M New
PSX Phillips 66 0.20% 25,460 $3.0M Reduce -15.3%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.19% 32,984 $3.0M No change
DUK Duke Energy Corp. 0.19% 24,994 $2.9M No change
MDT Medtronic PLC 0.19% 33,790 $2.9M Reduce -21.3%
ADBE Adobe Inc. 0.19% 7,597 $2.9M Reduce -35.0%
BKR Baker Hughes Co. 0.19% 76,280 $2.9M Reduce -10.1%
HEI Heico Corp. 0.19% 8,830 $2.9M No change

Show all 787 holdings

Portfolio Sells Q1 2025 → Q2 2025

AAPL Apple Inc. Reduce -2.4% 4.60% −0.79
JNJ Johnson & Johnson Reduce -24.0% 0.49% −0.25
LLY Eli Lilly & Co. Reduce -4.2% 1.07% −0.18
CAPITAL IMPACT PARTNERS (CAIMPA 5.75 06/15/25 NOTZ) Sold out 0.00% −0.16
CRM Salesforce Inc. Reduce -27.3% 0.33% −0.14
TMO Thermo Fisher Scientific Inc. Reduce -1.6% 0.43% −0.14
MCD McDonald's Corp. Reduce -30.2% 0.21% −0.13
TXN Texas Instruments Inc. Reduce -57.8% 0.11% −0.13
KMI Kinder Morgan Inc. Reduce -29.8% 0.28% −0.13
PEP Pepsico Inc. Reduce -7.3% 0.40% −0.12
BMY Bristol-Myers Squibb Co. Reduce -28.4% 0.12% −0.12
ADBE Adobe Inc. Reduce -35.0% 0.19% −0.12
TMUS T-Mobile US Inc. Reduce -30.9% 0.16% −0.11
LIN Linde PLC Reduce -13.0% 0.51% −0.10
SBUX Starbucks Corp. Reduce -52.8% 0.07% −0.10
ACN Accenture PLC Class A Reduce -12.6% 0.38% −0.10
MRK Merck & Co. Inc. Reduce -4.4% 0.37% −0.09
PG The Procter & Gamble Co. Reduce -1.1% 0.64% −0.09
NEE Nextera Energy Inc. Reduce -25.3% 0.20% −0.09
ITW Illinois Tool Works Reduce -18.6% 0.29% −0.09
MA Mastercard Inc. Class A Reduce -9.6% 0.62% −0.09
MRSH Marsh & McLennan Cos Reduce -20.3% 0.18% −0.09
BDX Becton Dickinson and Co. Reduce -46.3% 0.05% −0.08
FGXXX First Am Govt Oblig-X Reduce -21.7% 0.23% −0.08
PGR Progressive Corp. Reduce -5.9% 0.41% −0.08
WMB Williams Cos Inc. Reduce -30.4% 0.18% −0.08
ADSK Autodesk Inc. Reduce -74.1% 0.03% −0.08
COST Costco Wholesale Corp. Reduce -9.3% 0.67% −0.08
APD Air Products & Chemicals Inc. Reduce -59.9% 0.04% −0.08
MDT Medtronic PLC Reduce -21.3% 0.19% −0.07
HD Home Depot Inc. Reduce -2.8% 0.83% −0.07
WDAY Workday Inc. Class A Reduce -78.9% 0.02% −0.07
FLOC Flowco Holdings Inc. Class A Reduce -75.3% 0.01% −0.07
UNP Union Pacific Corp. Reduce -17.4% 0.22% −0.07
DFS Discover Financial Services Sold out 0.00% −0.07
BKR Baker Hughes Co. Reduce -10.1% 0.19% −0.07
IT Gartner Inc. Sold out 0.00% −0.06
AON Aon PLC Class A Reduce -31.5% 0.09% −0.06
KO The Coca-Cola Co. Reduce -6.0% 0.45% −0.06
TEAM Atlassian Corp. Class A Reduce -71.6% 0.02% −0.06
LULU Lululemon Athletica Inc. Sold out 0.00% −0.06
HRL Hormel Foods Corp. Reduce -77.7% 0.02% −0.06
EG Everest Group Ltd. Reduce -45.2% 0.05% −0.06
LEN.B Lennar Corp. Class B Sold out 0.00% −0.06
PSX Phillips 66 Reduce -15.3% 0.20% −0.06
PSA Public Storage Reduce -67.5% 0.02% −0.06
CPRT Copart Inc. Reduce -33.9% 0.07% −0.06
ROST Ross Stores Inc. Sold out 0.00% −0.05
GIS General Mills Inc. Reduce -72.9% 0.02% −0.05
ELV Elevance Health Inc. Reduce -8.2% 0.18% −0.05

Portfolio Buys Q1 2025 → Q2 2025

GEV GE Vernova Inc. New 0.20% +0.20
TSLA Tesla Inc. Add +2.2% 1.25% +0.20
COF Capital One Financial Corp. Add +59.7% 0.22% +0.10
VST Vistra Corp. New 0.09% +0.09
MRVL Marvell Technology Inc. Add +200.3% 0.11% +0.08
TTD Trade Desk Inc./the Class A New 0.08% +0.08
CAPITAL IMPACT PARTNERS (CAIMPA 4.5 06/15/26 NOTZ) New 0.07% +0.07
ARE Alexandria Real Estate Equit New 0.07% +0.07
AXON Axon Enterprise Inc. Add +17.8% 0.17% +0.07
EXE Expand Energy Corp. New 0.07% +0.07
LYB Lyondellbasell Indu Class A Add +85.5% 0.22% +0.07
COIN Coinbase Global Inc. Class A Add +37.4% 0.10% +0.06
CNC Centene Corp. New 0.06% +0.06
ROK Rockwell Automation Inc. Add +7.0% 0.25% +0.06
ANET Arista Networks Inc. Add +9.3% 0.21% +0.06
KDP Keurig Dr Pepper Inc. Add +123.0% 0.09% +0.05
BEN Franklin Templeton Inc. Add +177.0% 0.06% +0.04
MMSIX Praxis Small Cap Index-I Add +1.1% 1.82% +0.04
AVY Avery Dennison Corp. New 0.04% +0.04
ZBRA Zebra Technologies Corp. Class A New 0.04% +0.04
PWR Quanta Services Inc. New 0.04% +0.04
FSLR First Solar Inc. Add +64.2% 0.08% +0.04
MDB Mongodb Inc. New 0.04% +0.04
SNPS Synopsys Inc. Add +5.0% 0.23% +0.04
MANH Manhattan Associates Inc. New 0.03% +0.03
LFUS Littelfuse Inc. New 0.03% +0.03
IR Ingersoll-Rand Inc. Add +40.8% 0.12% +0.03
PHM Pultegroup Inc. New 0.03% +0.03
EL Estee Lauder Companies Class A Add +87.9% 0.06% +0.03
MSM MSC Industrial Direct Co. Class A New 0.03% +0.03
CSW CSW Industrials Inc. New 0.03% +0.03
NEM Newmont Corp. Add +12.2% 0.13% +0.03
DLTR Dollar Tree Inc. New 0.03% +0.03
OMC Omnicom Group Add +113.1% 0.06% +0.03
WY Weyerhaeuser Co. Add +100.9% 0.07% +0.03
REXR Rexford Industrial Realty Inc. Add +171.7% 0.05% +0.03
IRTC Irhythm Holdings Inc. New 0.03% +0.03
MGRC McGrath Rentcorp New 0.03% +0.03
ALAB Astera Labs Inc. New 0.03% +0.03
MTZ Mastec Inc. New 0.02% +0.02
FWONK Liberty Media Corp. Class C Add +28.1% 0.09% +0.02
TRU Transunion New 0.02% +0.02
VEEV Veeva Systems Inc. Class A Add +26.9% 0.07% +0.02
NVR NVR Inc. New 0.02% +0.02
STX Seagate Technology Holdings New 0.02% +0.02
HOLX Hologic Inc. Add +145.0% 0.04% +0.02
BG Bunge Global SA Add +150.2% 0.04% +0.02
AYI Acuity Inc. New 0.02% +0.02
JEF Jefferies Financial Group Inc. New 0.02% +0.02
CL Colgate-Palmolive Co. Add +24.6% 0.17% +0.02

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