Praxis Investment Management Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 1, 2025), Praxis Investment Management Inc. reported 800 stock positions worth $1.7 billion. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Apple (AAPL, 5.1%) and Praxis Impact Bond Fund-I (MIIIX, 4.9%). Compared with Q2 2025, it opened 73 new positions, sold out of 60, added to 98 and reduced 102. The biggest buy was Tesla (TSLA, shares +0%) and the biggest sale Costco Wholesale (COST, shares −32%).

Most Recent 13F
Q2 2026
Location
GOSHEN, IN
CIK
0001056825
Portfolio Value
$1.7B (Q3 2025)
SEC Filing
0001056825-25-000007 ↗ filed Oct 1, 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 Q2 2025 Q3 2025: $1.7B $1.7B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 800 stocks · $1.7B

NVDA Nvidia Corp. 5.56% 497,045 $92.7M Reduce -3.4%
AAPL Apple Inc. 5.07% 331,965 $84.5M Reduce -4.6%
MIIIX Praxis Impact Bond Fund-I 4.94% 8,663,241 $82.5M Add +2.6%
MSFT Microsoft Corp. 4.22% 135,978 $70.4M No change
MPLIX Praxis Intl Index-I 3.04% 3,180,628 $50.7M Reduce -1.7%
MMDEX Praxis Growth Index-I 2.65% 775,636 $44.2M Reduce -6.0%
MVIIX Praxis Value Index FD-I 2.65% 2,294,932 $44.2M Reduce -1.0%
AMZN Amazon.com Inc. 2.30% 175,000 $38.4M No change
AVGO Broadcom Inc. 2.10% 106,345 $35.1M Reduce -5.8%
META Meta Platforms Inc. Class A 2.02% 45,840 $33.7M No change
GOOGL Alphabet Inc. Class A 1.81% 124,440 $30.3M No change
MMSIX Praxis Small Cap Index-I 1.76% 2,331,168 $29.4M Reduce -2.7%
TSLA Tesla Inc. 1.63% 61,107 $27.2M Add +0.1%
GOOG Alphabet Inc. Class C 1.47% 100,630 $24.5M No change
JPM JPMorgan Chase & Co. 1.35% 71,665 $22.6M No change
LLY Eli Lilly & Co. 0.98% 21,410 $16.3M Add +0.3%
V Visa Inc. Class A 0.86% 42,153 $14.4M No change
HD Home Depot Inc. 0.86% 35,378 $14.3M No change
ORCL Oracle Corp. 0.85% 50,480 $14.2M Reduce -18.0%
NFLX Netflix Inc. 0.84% 11,742 $14.1M Add +1.9%
WMT Walmart Inc. 0.75% 121,850 $12.6M No change
ABBV Abbvie Inc. 0.74% 53,171 $12.3M No change
JNJ Johnson & Johnson 0.61% 54,813 $10.2M Add +10.4%
PG The Procter & Gamble Co. 0.61% 65,715 $10.1M Add +4.8%
MA Mastercard Inc. Class A 0.59% 17,176 $9.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.54% 173,310 $8.9M No change
LIN Linde PLC 0.50% 17,577 $8.3M Add +4.5%
TMO Thermo Fisher Scientific Inc. 0.48% 16,489 $8.0M Add +0.2%
TT Trane Technologies PLC 0.44% 17,510 $7.4M No change
COP Conocophillips 0.43% 75,574 $7.1M Reduce -0.1%
KO The Coca-Cola Co. 0.42% 105,220 $7.0M Add +6.1%
GS Goldman Sachs Group Inc. 0.42% 8,730 $7.0M No change
FGXXX First Am Govt Oblig-X 0.41% 6,827,241 $6.8M Add +94.6%
CSCO Cisco Systems Inc. 0.40% 98,040 $6.7M No change
PEP Pepsico Inc. 0.40% 47,630 $6.7M Add +1.1%
COST Costco Wholesale Corp. 0.40% 7,216 $6.7M Reduce -31.8%
ACN Accenture PLC Class A 0.40% 26,856 $6.6M Add +35.9%
MRK Merck & Co. Inc. 0.39% 77,071 $6.5M Add +6.4%
AMAT Applied Materials Inc. 0.38% 30,859 $6.3M Add +35.3%
DHR Danaher Corp. 0.36% 29,962 $5.9M Add +2.0%
PGR Progressive Corp. 0.36% 24,030 $5.9M No change
AMD Advanced Micro Devices 0.35% 36,300 $5.9M Add +3.9%
NOW ServiceNow Inc. 0.35% 6,293 $5.8M No change
QCOM Qualcomm Inc. 0.34% 34,250 $5.7M No change
ABT Abbott Laboratories 0.34% 42,510 $5.7M Reduce -6.5%
DE Deere & Co. 0.34% 12,223 $5.6M No change
ITW Illinois Tool Works 0.33% 21,159 $5.5M Add +15.9%
LOW Lowe's Cos Inc. 0.32% 20,929 $5.3M Add +8.1%
AXP American Express Co. 0.31% 15,794 $5.2M No change
MS Morgan Stanley 0.31% 32,291 $5.1M No change
C Citigroup Inc. 0.31% 50,406 $5.1M No change
UBER Uber Technologies Inc. 0.30% 50,480 $4.9M No change
T AT&T Inc. 0.30% 174,986 $4.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.30% 43,142 $4.9M Reduce -0.3%
BSX Boston Scientific Corp. 0.30% 50,500 $4.9M No change
HOOD Robinhood Markets Inc. Class A 0.29% 34,060 $4.9M No change
BKNG Booking Holdings Inc. 0.29% 890 $4.8M No change
APP AppLovin Corp. Class A 0.29% 6,660 $4.8M No change
CMCSA Comcast Corp. Class A 0.28% 151,104 $4.7M Add +32.3%
ANET Arista Networks Inc. 0.28% 32,530 $4.7M No change
EOG EOG Resources Inc. 0.28% 41,828 $4.7M Add +26.1%
INTU Intuit Inc. 0.27% 6,540 $4.5M No change
MCK McKesson Corp. 0.27% 5,744 $4.4M No change
MU Micron Technology Inc. 0.26% 25,754 $4.3M Reduce -6.3%
PSX Phillips 66 0.26% 31,328 $4.3M Add +23.1%
ROK Rockwell Automation Inc. 0.24% 11,678 $4.1M No change
VZ Verizon Communications Inc. 0.24% 92,685 $4.1M Add +13.1%
GEV GE Vernova Inc. 0.24% 6,598 $4.1M Add +11.8%
KMI Kinder Morgan Inc. 0.24% 140,645 $4.0M Reduce -3.5%
HEI Heico Corp. 0.24% 12,282 $4.0M Add +39.1%
BLK BlackRock Inc. 0.23% 3,332 $3.9M No change
LRCX Lam Research Corp. 0.23% 28,890 $3.9M No change
GILD Gilead Sciences Inc. 0.23% 34,790 $3.9M No change
UNP Union Pacific Corp. 0.22% 15,791 $3.7M Add +7.7%
CDNS Cadence Design SYS Inc. 0.22% 10,624 $3.7M No change
BKR Baker Hughes Co. 0.22% 76,280 $3.7M No change
SNPS Synopsys Inc. 0.22% 7,493 $3.7M Add +7.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 25,503 $3.7M No change
ISRG Intuitive Surgical Inc. 0.22% 8,240 $3.7M No change
CB Chubb Ltd. 0.22% 12,990 $3.7M No change
AMGN Amgen Inc. 0.22% 12,830 $3.6M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.22% 32,984 $3.6M No change
MDLZ Mondelez International Inc. Class A 0.21% 56,962 $3.6M No change
MCD McDonald's Corp. 0.21% 11,408 $3.5M Reduce -0.1%
DUK Duke Energy Corp. 0.21% 27,881 $3.5M Add +11.6%
JCI Johnson Controls Internation 0.21% 31,287 $3.4M No change
RSG Republic Services Inc. 0.21% 14,950 $3.4M No change
SCHW Schwab (charles) Corp. 0.20% 35,800 $3.4M No change
NEE Nextera Energy Inc. 0.20% 45,072 $3.4M Reduce -1.1%
COF Capital One Financial Corp. 0.20% 15,730 $3.3M No change
VLO Valero Energy Corp. 0.20% 19,400 $3.3M Add +3.4%
SO The Southern Co. 0.20% 34,801 $3.3M No change
MRSH Marsh & McLennan Cos 0.20% 16,320 $3.3M Add +29.2%
INTC Intel Corp. 0.20% 97,808 $3.3M Reduce -14.4%
KLAC KLA Corp. 0.20% 3,030 $3.3M No change
CL Colgate-Palmolive Co. 0.20% 40,830 $3.3M Add +36.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.19% 3,400 $3.2M No change
MDT Medtronic PLC 0.19% 33,790 $3.2M No change
NEM Newmont Corp. 0.19% 38,112 $3.2M Add +11.2%
SPGI S&P Global Inc. 0.19% 6,584 $3.2M No change

Show all 800 holdings

Portfolio Sells Q2 2025 → Q3 2025

COST Costco Wholesale Corp. Reduce -31.8% 0.40% −0.27
CRM Salesforce Inc. Reduce -30.4% 0.19% −0.15
ADBE Adobe Inc. Reduce -71.3% 0.05% −0.14
MMDEX Praxis Growth Index-I Reduce -6.0% 2.65% −0.10
UPS United Parcel Service Class B Reduce -60.0% 0.04% −0.09
MPLIX Praxis Intl Index-I Reduce -1.7% 3.04% −0.09
MVIIX Praxis Value Index FD-I Reduce -1.0% 2.65% −0.08
LYB Lyondellbasell Indu Class A Reduce -20.6% 0.14% −0.08
KDP Keurig Dr Pepper Inc. Reduce -78.5% 0.01% −0.08
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.08
SLB SLB Ltd. Reduce -34.2% 0.11% −0.07
FTNT Fortinet Inc. Reduce -34.9% 0.06% −0.07
ELV Elevance Health Inc. Reduce -13.0% 0.12% −0.06
EQT Eqt Corp. Reduce -40.4% 0.06% −0.06
MMSIX Praxis Small Cap Index-I Reduce -2.7% 1.76% −0.06
REGN Regeneron Pharmaceuticals Reduce -55.3% 0.05% −0.06
ABT Abbott Laboratories Reduce -6.5% 0.34% −0.06
VRSK Verisk Analytics Inc. Sold out 0.00% −0.06
ADP Automatic Data Processing Reduce -23.3% 0.11% −0.05
AXON Axon Enterprise Inc. Reduce -15.1% 0.12% −0.05
WY Weyerhaeuser Co. Reduce -74.7% 0.02% −0.05
DOW Dow Inc. Reduce -72.6% 0.01% −0.05
ANSS Ansys Inc. Sold out 0.00% −0.05
DIS The Walt Disney Co. Reduce -0.3% 0.30% −0.05
ABNB Airbnb Inc. Class A Sold out 0.00% −0.05
ICE Intercontinental Exchange Inc. Reduce -8.5% 0.16% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -15.6% 0.10% −0.04
CARR Carrier Global Corp. Reduce -24.1% 0.06% −0.04
WM Waste Management Inc. Reduce -12.4% 0.16% −0.04
IP International Paper Co. Reduce -68.8% 0.02% −0.04
MSTR Strategy Inc. Reduce -2.2% 0.11% −0.04
CTAS Cintas Corp. Reduce -19.4% 0.09% −0.04
KVUE Kenvue Inc. Reduce -55.0% 0.02% −0.04
BRO Brown & Brown Inc. Reduce -22.2% 0.06% −0.04
KMI Kinder Morgan Inc. Reduce -3.5% 0.24% −0.04
NI Nisource Inc. Reduce -66.2% 0.02% −0.04
TW Tradeweb Markets Inc. Class A Sold out 0.00% −0.04
PYPL PayPal Holdings Inc. Reduce -20.0% 0.07% −0.03
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.03
KKR KKR & Co. Inc. Reduce -21.7% 0.08% −0.03
GMS GMS Inc. Sold out 0.00% −0.03
TMUS T-Mobile US Inc. Reduce -13.7% 0.13% −0.03
ACGL Arch Capital Group Ltd. Reduce -23.1% 0.08% −0.03
CTSH Cognizant Tech Solutions-A Reduce -52.8% 0.02% −0.03
EXE Expand Energy Corp. Reduce -30.9% 0.04% −0.03
DVN Devon Energy Corp. Reduce -29.8% 0.07% −0.03
OMC Omnicom Group Reduce -46.9% 0.04% −0.03
CSW CSW Industrials Inc. Sold out 0.00% −0.03
ARE Alexandria Real Estate Equit Reduce -39.7% 0.05% −0.03
KMB Kimberly-Clark Corp. Reduce -45.1% 0.03% −0.03

Portfolio Buys Q2 2025 → Q3 2025

TSLA Tesla Inc. Add +0.1% 1.63% +0.38
FGXXX First Am Govt Oblig-X Add +94.6% 0.41% +0.18
JNJ Johnson & Johnson Add +10.4% 0.61% +0.12
AMAT Applied Materials Inc. Add +35.3% 0.38% +0.11
RDDT Reddit Inc. Class A Add +129.5% 0.10% +0.07
NEM Newmont Corp. Add +11.2% 0.19% +0.06
PSX Phillips 66 Add +23.1% 0.26% +0.06
ARES Ares Management Corp. Class A New 0.06% +0.06
APD Air Products & Chemicals Inc. Add +153.8% 0.10% +0.06
ADSK Autodesk Inc. Add +187.2% 0.09% +0.05
GIS General Mills Inc. Add +398.6% 0.07% +0.05
VRT Vertiv Holdings Co. Class A Add +102.8% 0.10% +0.05
TEL Te Connectivity PLC Add +19.2% 0.17% +0.05
HEI Heico Corp. Add +39.1% 0.24% +0.05
TMO Thermo Fisher Scientific Inc. Add +0.2% 0.48% +0.05
SCI Service Corp. International New 0.04% +0.04
GEV GE Vernova Inc. Add +11.8% 0.24% +0.04
WELL Welltower Inc. Add +18.9% 0.18% +0.04
ITW Illinois Tool Works Add +15.9% 0.33% +0.04
AWK American Water Works Co. Inc. Add +51.5% 0.13% +0.04
LOW Lowe's Cos Inc. Add +8.1% 0.32% +0.04
PWR Quanta Services Inc. Add +95.5% 0.08% +0.04
AON Aon PLC Class A Add +54.9% 0.13% +0.04
LEN.B Lennar Corp. Class B New 0.04% +0.04
IBKR Interactive Brokers Gro Class A Add +21.8% 0.13% +0.04
GEHC GE Healthcare Technology Add +86.8% 0.08% +0.04
STX Seagate Technology Holdings Add +65.1% 0.06% +0.04
VLO Valero Energy Corp. Add +3.4% 0.20% +0.04
DPZ Domino's Pizza Inc. New 0.04% +0.04
MDB Mongodb Inc. Add +42.3% 0.07% +0.03
SUI Sun Communities Inc. New 0.03% +0.03
WCN Waste Connections Inc. Add +154.1% 0.06% +0.03
AMD Advanced Micro Devices Add +3.9% 0.35% +0.03
WDAY Workday Inc. Class A Add +198.3% 0.05% +0.03
RHI Robert Half Inc. New 0.03% +0.03
CCI Crown Castle Inc. New 0.03% +0.03
ROAD Construction Partners Inc. Class A New 0.03% +0.03
BAX Baxter International Inc. New 0.03% +0.03
BE Bloom Energy Corp. Class A New 0.03% +0.03
FSLR First Solar Inc. Add +10.0% 0.10% +0.03
EOG EOG Resources Inc. Add +26.1% 0.28% +0.03
IQV Iqvia Holdings Inc. New 0.03% +0.03
FNF Fidelity National Financial Add +63.8% 0.06% +0.02
BBY Best Buy Co. Inc. Add +63.3% 0.06% +0.02
PFG Principal Financial Group Add +106.7% 0.05% +0.02
TEAM Atlassian Corp. Class A Add +188.3% 0.04% +0.02
CBOE Cboe Global Markets Inc. New 0.02% +0.02
LULU Lululemon Athletica Inc. New 0.02% +0.02
INSM Insmed Inc. Add +26.3% 0.06% +0.02
REZI Resideo Technologies Inc. New 0.02% +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