SEC 13F Intelligence

Managers / Q1 2023 · view latest →

PRAXIS INVESTMENT MANAGEMENT INC

CIK 0001056825 · 1110 NORTH MAIN STREET, GOSHEN, IN, 46528 · 5745339511

Reported Value
$1.2B
Q1 2023
Positions
739
Filings on Record
35
2019–present window
Filed
Apr 4, 2023
original filing

Summary

Praxis Investment Management Inc reported $1.2B in U.S.-listed holdings across 739 positions for Q1 2023.

Its largest position, MIIIX, represents 5.6% of the portfolio.

Compared with Q4 2022, the fund opened 61 new positions and exited 67.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+32.4%
share of reported value
Largest Position
+5.6%
Praxis Impact Bond I
New / Exited
61 / 67
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $431MQ4 ’18Q1 ’19: $572MQ2 ’19: $605MQ3 ’19: $617MQ4 ’19: $670MQ4 ’19Q1 ’20: $711MQ2 ’20: $849MQ3 ’20: $909MQ4 ’20: $1.0BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.2BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.3BQ2 ’22: $1.1BQ3 ’22: $1.1BQ4 ’22: $1.2BQ4 ’22Q1 ’23: $1.2BQ2 ’23: $1.2BQ3 ’23: $1.3BQ4 ’23: $1.4BQ4 ’23Q1 ’24: $1.5BQ2 ’24: $1.4BQ3 ’24: $1.6BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.5BQ2 ’25: $1.6BQ3 ’25: $1.7BQ4 ’25: $1.7BQ4 ’25Q1 ’26: $1.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 79.7%Open-End Fund: 16.7%REIT: 2.8%Other: 0.7%DOMESTIC MTN: 0.1%
  • Common Stock · 79.7% · $974M
  • Open-End Fund · 16.7% · $204M
  • REIT · 2.8% · $35M
  • Other · 0.7% · $8M
  • DOMESTIC MTN · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINLINDE PLCNEW+29.5K29.5K+$10M$10M
MSEXMIDDLESEX WATER CONEW+6.0K6.0K+$472,000$472,000
HANESBRANDS INCNEW+75.2K75.2K+$395,000$395,000
MNSTMONSTER BEVERAGE CORPNEW+6.7K6.7K+$363,000$363,000
GEHCGE HEALTHCARE TECH INCNEW+4.2K4.2K+$348,000$348,000
CATALENT INCNEW+5.3K5.3K+$346,000$346,000
SWKSSKYWORKS SOLUTIONS INCNEW+2.9K2.9K+$339,000$339,000
RCLROYAL CARIBBEAN CRUISESNEW+4.8K4.8K+$316,000$316,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

499 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MIIIXPRAXIS IMPACT BOND Ihistory →EQTY5.56%$68M7.27M
2AAPLAPPLE INChistory →EQTY5.38%$66M399.2K
3MSFTMICROSOFT CORPORATIONhistory →EQTY4.95%$61M210.1K
4MPLIXPRAXIS INTL INDEX Ihistory →EQTY3.26%$40M3.37M
5MMDEXPRAXIS GROWTH INDEX Ihistory →EQTY2.97%$36M1.12M
6MVIIXPRAXIS VALUE INDEX Ihistory →EQTY2.83%$35M2.19M
7GOOGLALPHABET INC CLASS AEQTY2.38%$29M280.8K
8MMSIXPRAXIS SMALL CAP INDEX Ihistory →EQTY1.82%$22M2.24M
9AMZNAMAZONCOM INChistory →EQTY1.82%$22M214.9K
10NVDANVIDIA CORPhistory →EQTY1.43%$17M62.8K
11TSLATESLA INChistory →EQTY1.14%$14M66.9K
12COPCONOCOPHILLIPShistory →EQTY0.99%$12M122.6K
13METAMETA PLATFORMS INChistory →EQTY0.99%$12M57.0K
14PEPPEPSICO INChistory →EQTY0.95%$12M63.7K
15JNJJOHNSON and JOHNSONhistory →EQTY0.91%$11M72.1K
16UNHUNITEDHEALTH GROUP INChistory →EQTY0.90%$11M23.2K
17VVISA INC CLASS Ahistory →EQTY0.88%$11M47.9K
18LINLINDE PLChistory →EQTY0.86%$10M29.5K
19ACNACCENTURE PLC CLASS AEQTY0.81%$10M34.8K
20JPMJPMORGAN CHASE and COEQTY0.80%$10M75.4K
21PGPROCTER AND GAMBLE COEQTY0.72%$9M59.1K
22MAMASTERCARD INC CLASS AEQTY0.71%$9M23.8K
23MRKMERCK and CO INCEQTY0.68%$8M78.0K
24PIONEER NATURAL RESOURCESEQTY0.67%$8M40.4K
25HDHOME DEPOT INC THEEQTY0.65%$8M27.0K
26TMOTHERMO FISHER SCIENTIFICEQTY0.63%$8M13.4K
27LLYELI LILLY and COEQTY0.61%$7M21.6K
28ABBVABBVIE INCEQTY0.58%$7M44.2K
29AVGOBROADCOM INCEQTY0.51%$6M9.7K
30CSCOCISCO SYSTEMS INCEQTY0.50%$6M117.0K
31KOCOCACOLA CO THEEQTY0.49%$6M96.1K
32ORCLORACLE CORPORATIONEQTY0.47%$6M61.3K
33DHRDANAHER CORPORATIONEQTY0.46%$6M22.4K
34VLOVALERO ENERGY CORPEQTY0.46%$6M39.9K
35MCDMCDONALD'S CORPORATIONEQTY0.45%$6M19.8K
36WMTWALMART INCEQTY0.45%$6M37.4K
37BACBANK OF AMERICA CORPEQTY0.45%$5M192.1K
38CRMSALESFORCE INCEQTY0.44%$5M26.7K
39DISTHE WALT DISNEY COEQTY0.43%$5M52.8K
40UPSUNITED PARCEL SERVICE BEQTY0.42%$5M26.2K
41NEENEXTERA ENERGY INCEQTY0.39%$5M62.5K
42CMCSACOMCAST CORP CLASS AEQTY0.37%$5M119.1K
43SLBSCHLUMBERGER LTDEQTY0.36%$4M90.5K
44ABTABBOTT LABORATORIESEQTY0.36%$4M43.8K
45BMYBRISTOLMYERS SQUIBB COEQTY0.36%$4M63.1K
46CBRECBRE GROUP INCEQTY0.33%$4M55.8K
47VZVERIZON COMMUNICATIONSEQTY0.33%$4M104.1K
48LYBLYONDELLBASELL INDUSTRIESEQTY0.33%$4M42.9K
49PLDPROLOGIS INCEQTY0.33%$4M32.2K
50ITWILLINOIS TOOL WORKS INCEQTY0.33%$4M16.4K
51TATandT INCEQTY0.32%$4M204.6K
52AMGNAMGEN INCEQTY0.31%$4M15.7K
53NFLXNETFLIX INCEQTY0.31%$4M11.0K
54TXNTEXAS INSTRUMENTS INCEQTY0.31%$4M20.4K
55ROKROCKWELL AUTOMATION INCEQTY0.30%$4M12.7K
56SPGISandP GLOBAL INCEQTY0.30%$4M10.8K
57DEDEERE and COMPANYEQTY0.30%$4M9.0K
58INTCINTEL CORPORATIONEQTY0.30%$4M112.3K
59EDCONSOLIDATED EDISON INCEQTY0.30%$4M38.1K
60NKENIKE INC CL BEQTY0.30%$4M29.4K
61LOWLOWE'S COMPANIES INCEQTY0.29%$4M17.9K
62QCOMQUALCOMM INCEQTY0.29%$3M27.4K
63COSTCOSTCO WHOLESALE CORPEQTY0.29%$3M7.0K
64BKRBAKER HUGHES COMPANYEQTY0.29%$3M120.9K
65IBMINTERNAT BUSINESS MACHEQTY0.28%$3M26.5K
66FGXXXFIRST AM GOVT OB FBEQTY0.28%$3M3.42M
67EQIXEQUINIX INCEQTY0.27%$3M4.6K
68ADBEADOBE INCEQTY0.27%$3M8.6K
69AMDADVANCED MICRO DEVICESEQTY0.27%$3M33.8K
70BLACKROCK INCEQTY0.27%$3M4.9K
71PGRPROGRESSIVE CORPORATIONEQTY0.27%$3M22.7K
72GILDGILEAD SCIENCES INCEQTY0.27%$3M39.1K
73ADPAUTOMATIC DATA PROCESSINGEQTY0.26%$3M14.3K
74MCKMCKESSON CORPEQTY0.26%$3M9.0K
75MSMORGAN STANLEYEQTY0.25%$3M35.4K
76ICEINTERCONTINENTAL EXCHANGEEQTY0.25%$3M29.4K
77REGNREGENERON PHARMACEUTICALSEQTY0.25%$3M3.7K
78GSGOLDMAN SACHS GROUP INCEQTY0.24%$3M9.2K
79APDAIR PRODUCTS and CHEMICALSEQTY0.24%$3M10.4K
80CCITIGROUP INCEQTY0.24%$3M63.3K
81TTTRANE TECHNOLOGIESEQTY0.24%$3M16.1K
82AXPAMERICAN EXPRESS COMPANYEQTY0.24%$3M17.5K
83SNPSSYNOPSYS INCEQTY0.23%$3M7.4K
84AMATAPPLIED MATERIALS INCEQTY0.23%$3M22.8K
85GISGENERAL MILLS INCEQTY0.23%$3M32.7K
86WMWASTE MANAGEMENT INCEQTY0.23%$3M17.1K
87JCIJOHNSON CONTROLS INTLEQTY0.23%$3M45.9K
88INTUINTUIT INCEQTY0.22%$3M6.1K
89AMTAMERICAN TOWER CORPEQTY0.22%$3M13.3K
90ELVELEVANCE HEALTH INCEQTY0.22%$3M5.9K
91MDTMEDTRONIC PLCEQTY0.22%$3M33.7K
92SBUXSTARBUCKS CORPEQTY0.22%$3M26.0K
93BKNGBOOKING HOLDINGS INCEQTY0.22%$3M1.0K
94VRTXVERTEX PHARMACEUTICALSEQTY0.21%$3M8.3K
95UNPUNION PACIFIC CORPEQTY0.21%$3M12.9K
96SYKSTRYKER CORPORATIONEQTY0.21%$3M8.8K
97SOTHE SOUTHERN COMPANYEQTY0.21%$3M36.1K
98DUKDUKE ENERGY CORPEQTY0.20%$2M25.5K
99TJXTHE TJX COMPANIES INCEQTY0.20%$2M30.8K
100MDLZMONDELEZ INTERNATIONALEQTY0.20%$2M34.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.6B789Apr 28, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.7B777Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.7B800Oct 1, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.6B787Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.5B784Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B814Jan 3, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B748Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.4B737Jul 3, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.5B754May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.4B740Jan 30, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.3B738Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.2B724Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B739Apr 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B745Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.1B720Oct 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.1B709Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B730Apr 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B759Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B731Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B725Jul 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B711Apr 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.0B690Feb 1, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$909M671Feb 1, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2020$849M670Jul 9, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$711M631Jul 9, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$670M672Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$617M648Oct 9, 201913F-HRchanges · EDGAR ↗
Q2 2019$605M644Aug 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$572M619May 6, 201913F-HRchanges · EDGAR ↗
Q4 2018$431M420Feb 5, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.