Praxis Investment Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Praxis Investment Management Inc. reported 777 stock positions worth $1.7 billion. Its top holding was Nvidia (NVDA) at 5.5% of the portfolio, followed by Apple (AAPL, 5.4%) and Praxis Impact Bond Fund-I (MIIIX, 5.0%). Compared with Q3 2025, it opened 46 new positions, sold out of 70, added to 90 and reduced 80. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Amazon.com (AMZN, shares −14%).

Most Recent 13F
Q2 2026
Location
GOSHEN, IN
CIK
0001056825
Portfolio Value
$1.7B (Q4 2025)
SEC Filing
0001056825-26-000001 ↗ filed Feb 3, 2026

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 Q3 2025 Q4 2025: $1.7B $1.7B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 777 stocks · $1.7B

NVDA Nvidia Corp. 5.49% 497,045 $92.7M No change
AAPL Apple Inc. 5.36% 333,008 $90.5M Add +0.3%
MIIIX Praxis Impact Bond Fund-I 5.01% 8,874,095 $84.7M Add +2.4%
MSFT Microsoft Corp. 3.89% 135,978 $65.8M No change
MPLIX Praxis Intl Index-I 3.03% 3,178,714 $51.2M Reduce -0.1%
MVIIX Praxis Value Index FD-I 2.64% 2,291,247 $44.6M Reduce -0.2%
MMDEX Praxis Growth Index-I 2.63% 799,491 $44.4M Add +3.1%
GOOGL Alphabet Inc. Class A 2.31% 124,440 $39.0M No change
AVGO Broadcom Inc. 2.12% 103,282 $35.7M Reduce -2.9%
AMZN Amazon.com Inc. 2.05% 149,724 $34.6M Reduce -14.4%
META Meta Platforms Inc. Class A 1.91% 48,911 $32.3M Add +6.7%
GOOG Alphabet Inc. Class C 1.87% 100,630 $31.6M No change
MMSIX Praxis Small Cap Index-I 1.75% 2,518,352 $29.5M Add +8.0%
TSLA Tesla Inc. 1.63% 61,107 $27.5M No change
JPM JPMorgan Chase & Co. 1.37% 71,665 $23.1M No change
LLY Eli Lilly & Co. 1.36% 21,410 $23.0M No change
V Visa Inc. Class A 0.88% 42,153 $14.8M No change
WMT Walmart Inc. 0.80% 121,850 $13.6M No change
HD Home Depot Inc. 0.74% 36,120 $12.4M Add +2.1%
ABBV Abbvie Inc. 0.72% 53,171 $12.1M No change
JNJ Johnson & Johnson 0.67% 54,813 $11.3M No change
PG The Procter & Gamble Co. 0.63% 74,152 $10.6M Add +12.8%
NFLX Netflix Inc. 0.63% 113,139 $10.6M Reduce -3.6%
ORCL Oracle Corp. 0.61% 53,263 $10.4M Add +5.5%
MA Mastercard Inc. Class A 0.58% 17,176 $9.8M No change
TMO Thermo Fisher Scientific Inc. 0.57% 16,489 $9.6M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.56% 173,310 $9.5M No change
FGXXX First Am Govt Oblig-X 0.50% 8,492,739 $8.5M Add +24.4%
AMD Advanced Micro Devices 0.49% 38,530 $8.3M Add +6.1%
AMAT Applied Materials Inc. 0.48% 31,873 $8.2M Add +3.3%
GS Goldman Sachs Group Inc. 0.45% 8,730 $7.7M No change
CSCO Cisco Systems Inc. 0.45% 98,040 $7.6M No change
MRK Merck & Co. Inc. 0.44% 70,254 $7.4M Reduce -8.8%
KO The Coca-Cola Co. 0.44% 105,220 $7.4M No change
MU Micron Technology Inc. 0.44% 25,754 $7.3M No change
ACN Accenture PLC Class A 0.43% 26,856 $7.2M No change
LIN Linde PLC 0.42% 16,648 $7.1M Reduce -5.3%
PEP Pepsico Inc. 0.40% 47,630 $6.8M No change
CRM Salesforce Inc. 0.40% 25,449 $6.7M Add +91.8%
COP Conocophillips 0.39% 70,044 $6.6M Reduce -7.3%
DHR Danaher Corp. 0.38% 27,865 $6.4M Reduce -7.0%
TT Trane Technologies PLC 0.37% 16,060 $6.3M Reduce -8.3%
C Citigroup Inc. 0.35% 50,406 $5.9M No change
QCOM Qualcomm Inc. 0.35% 34,250 $5.9M No change
AXP American Express Co. 0.35% 15,794 $5.8M No change
MS Morgan Stanley 0.34% 32,291 $5.7M No change
DE Deere & Co. 0.34% 12,223 $5.7M No change
ABT Abbott Laboratories 0.32% 42,510 $5.3M No change
LOW Lowe's Cos Inc. 0.31% 21,994 $5.3M Add +5.1%
INTU Intuit Inc. 0.31% 7,895 $5.2M Add +20.7%
PGR Progressive Corp. 0.30% 22,296 $5.1M Reduce -7.2%
LRCX Lam Research Corp. 0.29% 28,890 $4.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 43,142 $4.9M No change
COST Costco Wholesale Corp. 0.29% 5,673 $4.9M Reduce -21.4%
NOW ServiceNow Inc. 0.29% 31,465 $4.8M No change
BSX Boston Scientific Corp. 0.29% 50,500 $4.8M No change
BKNG Booking Holdings Inc. 0.28% 890 $4.8M No change
ITW Illinois Tool Works 0.28% 19,269 $4.7M Reduce -8.9%
MCK McKesson Corp. 0.28% 5,744 $4.7M No change
ISRG Intuitive Surgical Inc. 0.28% 8,240 $4.7M No change
ROK Rockwell Automation Inc. 0.27% 11,678 $4.5M No change
APP AppLovin Corp. Class A 0.27% 6,660 $4.5M No change
VZ Verizon Communications Inc. 0.26% 108,835 $4.4M Add +17.4%
T AT&T Inc. 0.26% 174,986 $4.3M No change
GILD Gilead Sciences Inc. 0.25% 34,790 $4.3M No change
ANET Arista Networks Inc. 0.25% 32,530 $4.3M No change
AMGN Amgen Inc. 0.25% 12,830 $4.2M No change
UBER Uber Technologies Inc. 0.24% 50,480 $4.1M No change
ADBE Adobe Inc. 0.24% 11,702 $4.1M Add +437.5%
CB Chubb Ltd. 0.24% 12,990 $4.1M No change
EOG EOG Resources Inc. 0.24% 38,146 $4.0M Reduce -8.8%
INTC Intel Corp. 0.23% 107,446 $4.0M Add +9.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 25,503 $3.9M No change
NEE Nextera Energy Inc. 0.23% 48,316 $3.9M Add +7.2%
GEV GE Vernova Inc. 0.23% 5,900 $3.9M Reduce -10.6%
HOOD Robinhood Markets Inc. Class A 0.23% 34,060 $3.9M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.23% 32,984 $3.8M No change
CMCSA Comcast Corp. Class A 0.23% 127,800 $3.8M Reduce -15.4%
COF Capital One Financial Corp. 0.23% 15,730 $3.8M No change
NEM Newmont Corp. 0.23% 38,112 $3.8M No change
JCI Johnson Controls Internation 0.22% 31,287 $3.7M No change
PSX Phillips 66 0.22% 28,580 $3.7M Reduce -8.8%
KLAC KLA Corp. 0.22% 3,030 $3.7M No change
UNP Union Pacific Corp. 0.22% 15,791 $3.7M No change
APH Amphenol Corp. Class A 0.22% 26,986 $3.6M Add +86.3%
PANW Palo Alto Networks Inc. 0.22% 19,746 $3.6M Add +39.8%
SCHW Schwab (charles) Corp. 0.21% 35,800 $3.6M No change
DUK Duke Energy Corp. 0.21% 30,450 $3.6M Add +9.2%
BLK BlackRock Inc. 0.21% 3,332 $3.6M No change
GWW WW Grainger Inc. 0.20% 3,400 $3.4M No change
KMI Kinder Morgan Inc. 0.20% 124,014 $3.4M Reduce -11.8%
CDNS Cadence Design SYS Inc. 0.20% 10,624 $3.3M No change
MCD McDonald's Corp. 0.19% 10,638 $3.3M Reduce -6.8%
MDT Medtronic PLC 0.19% 33,790 $3.2M No change
WELL Welltower Inc. 0.19% 17,153 $3.2M No change
SO The Southern Co. 0.18% 34,801 $3.0M No change
SNPS Synopsys Inc. 0.18% 6,452 $3.0M Reduce -13.9%
CRWD CrowdStrike Holdings Inc. Class A 0.18% 6,320 $3.0M No change
WM Waste Management Inc. 0.17% 13,391 $2.9M Add +10.0%
TEL Te Connectivity PLC 0.17% 12,870 $2.9M No change

Show all 777 holdings

Portfolio Sells Q3 2025 → Q4 2025

AMZN Amazon.com Inc. Reduce -14.4% 2.05% −0.26
NFLX Netflix Inc. Reduce -3.6% 0.63% −0.22
MSTR Strategy Inc. Sold out 0.00% −0.11
COST Costco Wholesale Corp. Reduce -21.4% 0.29% −0.11
FISV Fiserv Inc. Reduce -30.3% 0.05% −0.10
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.09
SYK Stryker Corp. Reduce -45.5% 0.09% −0.09
HEI Heico Corp. Reduce -33.1% 0.16% −0.08
LIN Linde PLC Reduce -5.3% 0.42% −0.08
SPGI S&P Global Inc. Reduce -43.3% 0.12% −0.08
RDDT Reddit Inc. Class A Reduce -74.8% 0.03% −0.08
TMUS T-Mobile US Inc. Reduce -49.4% 0.05% −0.07
TT Trane Technologies PLC Reduce -8.3% 0.37% −0.07
AXON Axon Enterprise Inc. Reduce -49.6% 0.05% −0.07
COIN Coinbase Global Inc. Class A Reduce -67.5% 0.02% −0.07
FNF Fidelity National Financial Sold out 0.00% −0.06
K Kellanova Sold out 0.00% −0.06
RSG Republic Services Inc. Reduce -23.4% 0.14% −0.06
BKR Baker Hughes Co. Reduce -20.3% 0.16% −0.06
CMCSA Comcast Corp. Class A Reduce -15.4% 0.23% −0.06
SMCI Super Micro Computer Inc. Sold out 0.00% −0.06
ARES Ares Management Corp. Class A Sold out 0.00% −0.06
CL Colgate-Palmolive Co. Reduce -26.6% 0.14% −0.06
APD Air Products & Chemicals Inc. Reduce -51.1% 0.04% −0.06
PGR Progressive Corp. Reduce -7.2% 0.30% −0.06
CSGP Costar Group Inc. Sold out 0.00% −0.05
CTAS Cintas Corp. Reduce -52.3% 0.04% −0.05
XYZ Block Inc. Sold out 0.00% −0.05
COOP Mr Cooper Group Inc. Sold out 0.00% −0.05
ITW Illinois Tool Works Reduce -8.9% 0.28% −0.05
AJG Arthur J Gallagher & Co. Reduce -22.5% 0.09% −0.05
MDLZ Mondelez International Inc. Class A Reduce -8.6% 0.17% −0.05
CAPITAL IMPACT PARTNERS (CAIMPA 4.5 12/15/25 NOTZ) Sold out 0.00% −0.05
EOG EOG Resources Inc. Reduce -8.8% 0.24% −0.04
PINS Pinterest Inc. Class A Sold out 0.00% −0.04
DXCM Dexcom Inc. Sold out 0.00% −0.04
SNPS Synopsys Inc. Reduce -13.9% 0.18% −0.04
EXE Expand Energy Corp. Sold out 0.00% −0.04
MRSH Marsh & McLennan Cos Reduce -12.9% 0.16% −0.04
COP Conocophillips Reduce -7.3% 0.39% −0.04
AWK American Water Works Co. Inc. Reduce -24.3% 0.09% −0.04
BBY Best Buy Co. Inc. Reduce -61.2% 0.02% −0.04
LEN.B Lennar Corp. Class B Sold out 0.00% −0.04
PSX Phillips 66 Reduce -8.8% 0.22% −0.04
KMI Kinder Morgan Inc. Reduce -11.8% 0.20% −0.04
GIS General Mills Inc. Reduce -44.4% 0.04% −0.03
PODD Insulet Corp. Reduce -65.6% 0.01% −0.03
CF CF Industries Holdings Inc. Sold out 0.00% −0.03
VLO Valero Energy Corp. Reduce -11.3% 0.17% −0.03
IBKR Interactive Brokers Gro Class A Reduce -18.2% 0.10% −0.03

Portfolio Buys Q3 2025 → Q4 2025

AAPL Apple Inc. Add +0.3% 5.36% +0.29
CRM Salesforce Inc. Add +91.8% 0.40% +0.21
ADBE Adobe Inc. Add +437.5% 0.24% +0.20
AMD Advanced Micro Devices Add +6.1% 0.49% +0.14
APH Amphenol Corp. Class A Add +86.3% 0.22% +0.11
AMAT Applied Materials Inc. Add +3.3% 0.48% +0.11
FGXXX First Am Govt Oblig-X Add +24.4% 0.50% +0.09
ABNB Airbnb Inc. Class A New 0.09% +0.09
CI The Cigna Group New 0.08% +0.08
MIIIX Praxis Impact Bond Fund-I Add +2.4% 5.01% +0.07
WDC Western Digital Corp. Add +92.5% 0.10% +0.07
HUBS HubSpot Inc. Add +425.0% 0.07% +0.05
EQIX Equinix Inc. Add +67.5% 0.14% +0.05
TTD Trade Desk Inc./the Class A New 0.05% +0.05
ADP Automatic Data Processing Add +64.5% 0.16% +0.05
STX Seagate Technology Holdings Add +56.5% 0.11% +0.05
UPS United Parcel Service Class B Add +80.8% 0.09% +0.05
TYL Tyler Technologies Inc. Add +112.0% 0.10% +0.05
DOW Dow Inc. Add +301.9% 0.06% +0.04
PANW Palo Alto Networks Inc. Add +39.8% 0.22% +0.04
FTV Fortive Corp. New 0.04% +0.04
INTU Intuit Inc. Add +20.7% 0.31% +0.04
HEI.A Heico Corp. Class A New 0.04% +0.04
INTC Intel Corp. Add +9.8% 0.23% +0.04
REGN Regeneron Pharmaceuticals Add +30.0% 0.08% +0.03
NAVN Navan Inc. Class A New 0.03% +0.03
GDDY GoDaddy Inc. Class A New 0.03% +0.03
TER Teradyne Inc. Add +63.5% 0.06% +0.03
TEAM Atlassian Corp. Class A Add +68.0% 0.08% +0.03
AME Ametek Inc. Add +39.8% 0.09% +0.03
FTI Technipfmc PLC New 0.03% +0.03
KDP Keurig Dr Pepper Inc. Add +161.9% 0.04% +0.03
KEYS Keysight Technologies Inc. Add +19.0% 0.10% +0.03
NEE Nextera Energy Inc. Add +7.2% 0.23% +0.03
QXO Qxo Inc. Add +113.7% 0.05% +0.03
CIEN Ciena Corp. Add +34.3% 0.05% +0.03
PG The Procter & Gamble Co. Add +12.8% 0.63% +0.02
RKLB Rocket Lab Corp. Add +21.2% 0.06% +0.02
CRWV Coreweave Inc. Class A New 0.02% +0.02
WCN Waste Connections Inc. Add +40.4% 0.08% +0.02
IT Gartner Inc. New 0.02% +0.02
RKT Rocket Cos Inc. Class A Add +118.8% 0.04% +0.02
ZM Zoom Communications Inc. Add +110.3% 0.04% +0.02
WFRD Weatherford International PL New 0.02% +0.02
ROST Ross Stores Inc. New 0.02% +0.02
EQT Eqt Corp. Add +35.6% 0.08% +0.02
EVRG Evergy Inc. Add +129.8% 0.04% +0.02
WST West Pharmaceutical Services Add +78.5% 0.04% +0.02
ROP Roper Technologies Inc. Add +27.4% 0.17% +0.02
VSXY Victoria's Secret & Co. 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