Praxis Capital Management LLC — 13F Holdings & Portfolio
CIK 1791253 · latest 13F-HR filed 2026-10-16
Praxis Capital Management LLC manages $58.9M in 13F-reported U.S. long-equity assets across 30 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SPY (21.31%), XLP (21.12%), TLT (15.62%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 6 new positions and exited 6; 6 existing positions rose in reported value and 10 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$58.9M
Long-equity book
Holdings
30
Distinct positions
Period
2026-09-30
Filed 2026-10-16
Q/Q Activity
+6 / −6 / ↑6 / ↓10
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26SPY23.1% · -70%XLP22.9% · +2202%TLT17.0% · newGLD4.6% · -54%SLV3.3% · 0%AAPL2.5% · +0%XOM2.3% · newBP2.3% · newCVX2.3% · newSHEL2.3% · newNVDA2.1% · 0%MSFT1.8% · -52%GOOG1.7% · 0%AMZN1.4% · -51%IGV1.1% · 0%XLV1.1% · +0%PPLT0.9% · -70%AVGO0.9% · 0%JPM0.8% · +0%HD0.7% · +1%GS0.7% · +0%CME0.6% · +0%UNP0.6% · 0%WM0.6% · +0%V0.5% · +0%ISRG0.5% · 0%APH0.5% · +100%IYR0.4% · +1%OXY0.4% · new
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 82.6%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 23, 2026.
Assets Under Management
$3.30B
Discretionary
$3.30B
Employees
14
Accounts
10
Address
1110 N MAIN ST
GOSHEN, IN 46528
GOSHEN, IN 46528
Phone
(574) 533-9511
Mailing Address
P.O. BOX 483, GOSHEN, IN, 46527-0483
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| Bontrager, Benjamin, Joel Control | TREASURER/CFO/DIRECTOR since Sep 2025 | Less than 5% | Individual |
| DILLER, RODNEY, D Control | VICE PRESIDENT/DIRECTOR since Jun 2008 | Less than 5% | Individual |
| EVERENCE HOLDINGS, INC. Control | OWNER since Jan 2009 | 75% or more | Domestic Entity |
| Glick Miller, Katherine, Joy Control | ASST SECRETARY since Jun 2022 | Less than 5% | Individual |
| HOCHSTETLER, KENNETH, DEAN Control | PRESIDENT/DIRECTOR since Sep 2014 | Less than 5% | Individual |
| HORNING, CHAD, MICHAEL Control | ASST SECRETARY/DIRECTOR since Jan 2014 | Less than 5% | Individual |
| Heisey, Kristen, Marie Control | ASST VICE PRESIDENT/DIRECTOR since Mar 2025 | Less than 5% | Individual |
| Kubicki, Brian, Michael Control | SECRETARY/CHIEF COMPLIANCE OFFICER since Mar 2022 | Less than 5% | Individual |
| Lehman, Richard, Matthew Control | ASST TREASURER since Jan 2025 | Less than 5% | Individual |
| Miller, Brian, S Control | ASST VICE PRESIDENT since Jun 2022 | Less than 5% | Individual |
| Shenk, Aaron, Michael Control | ASSISTANT TREASURER since Apr 2023 | Less than 5% | Individual |
| EVERENCE ASSOCIATION, INC. Control Indirect owner via EVERENCE HOLDINGS, INC. | OWNER since Jan 2009 | 75% or more | Domestic Entity |
Ownership & leadership changes · 16 filings with changes since Mar 19, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Mar 23, 2026 filing
- No longer listedGingerich, Fredrick, J · TREASURER/CFO/DIRECTOR · Less than 5% · control person · listed since Jun 2022
- AddedBontrager, Benjamin, Joel · TREASURER/CFO/DIRECTOR · Less than 5% · control person
- ChangedHeisey, Kristen, Marie · title ASST VICE PRESIDENT → ASST VICE PRESIDENT/DIRECTOR
Mar 21, 2025 filing
- No longer listedHochstedler, Rex, Allen · ASST VICE PRESIDENT · Less than 5% · control person · listed since Jun 2022
- No longer listedMartin, John · ASST TREASURER · Less than 5% · control person · listed since Jun 2022
- AddedHeisey, Kristen, Marie · ASST VICE PRESIDENT · Less than 5% · control person
- AddedLehman, Richard, Matthew · ASST TREASURER · Less than 5% · control person
- ChangedKubicki, Brian, Michael · title ASST SECRETARY/CHIEF COMPLIANCE OFFICER → SECRETARY/CHIEF COMPLIANCE OFFICER
Mar 5, 2024 filing
- AddedShenk, Aaron, Michael · ASSISTANT TREASURER · Less than 5% · control person
Mar 21, 2023 filing
- No longer listedGehman, Matthew, David · ASSISTANT TREASURER · Less than 5% · control person · listed since Apr 2019
- No longer listedKAUFFMAN, MARLO JAY · ASST SECRETARY · Less than 5% · control person · listed since May 1994
- No longer listedMERRYMAN, GEORGE, F · CFO/SECRETARY/DIRECTOR · Less than 5% · control person · listed since Jan 2022
- No longer listedNussbaum, Lisa, J · TREASURER · Less than 5% · control person · listed since Oct 2020
- AddedGingerich, Fredrick, J · TREASURER/CFO/DIRECTOR · Less than 5% · control person
- AddedGlick Miller, Katherine, Joy · ASST SECRETARY · Less than 5% · control person
- AddedHochstedler, Rex, Allen · ASST VICE PRESIDENT · Less than 5% · control person
- AddedMartin, John · ASST TREASURER · Less than 5% · control person
- AddedMiller, Brian, S · ASST VICE PRESIDENT · Less than 5% · control person
- ChangedHORNING, CHAD, MICHAEL · title ASST TREAS/DIRECTOR → ASST SECRETARY/DIRECTOR
Mar 17, 2022 filing
- No longer listedALVAREZ, JAIME, EDUARDO · CFO/SECRETARY/DIRECTOR · Less than 5% · control person · listed since Jun 2008
- No longer listedZIMMERMAN, PHILIP, RAY · ASST SEC/CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jan 2000
- AddedKubicki, Brian, Michael · ASST SECRETARY/CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- Listed againMERRYMAN, GEORGE, F · CFO/SECRETARY/DIRECTOR · Less than 5% · control person
Mar 11, 2021 filing
- No longer listedMERRYMAN, GEORGE, F · TREASURER · Less than 5% · control person · listed since Jan 2007
- No longer listedRICHARD, SIDNEY ALAN · ASST VICE PRES · Less than 5% · control person · listed since Aug 1997
- AddedNussbaum, Lisa, J · TREASURER · Less than 5% · control person
Mar 23, 2020 filing
- AddedGehman, Matthew, David · ASSISTANT TREASURER · Less than 5% · control person
Mar 28, 2019 filing
- No longer listedKING, DELMAR KAY · ASST TREAS · Less than 5% · control person · listed since Jun 1971
Apr 24, 2018 filing
- No longer listedEVERENCE ASSOCIATION, INC. · OWNER · 75% or more · indirect via MMA HOLDINGS, INC. · control person · listed since Jan 2009
- AddedEVERENCE ASSOCIATION, INC. · OWNER · 75% or more · indirect via EVERENCE HOLDINGS, INC. · control person
Jun 28, 2017 filing
- No longer listedEVERENCE ASSOCIATION, INC. · OWNER · 75% or more · control person · listed since Jan 2009
Older changes (7 more filings)
Apr 12, 2017 filing
- ChangedHORNING, CHAD, MICHAEL · title DIRECTOR → ASST TREAS/DIRECTOR
Mar 27, 2015 filing
- No longer listedGAUTSCHE, DAVID, C. · ASSISTANT VICE PRESIDENT/DIRECTOR · Less than 5% · control person · listed since Jun 2008
Sep 17, 2014 filing
- No longer listedMILLER, LARRY, D · PRESIDENT/DIRECTOR · Less than 5% · control person · listed since Jan 2007
- AddedHOCHSTETLER, KENNETH, DEAN · PRESIDENT/DIRECTOR · Less than 5% · control person
Jun 9, 2014 filing
- AddedEVERENCE ASSOCIATION, INC. · OWNER · 75% or more · control person
Mar 26, 2014 filing
- AddedEVERENCE ASSOCIATION, INC. · OWNER · 75% or more · indirect via MMA HOLDINGS, INC. · control person
- AddedHORNING, CHAD, MICHAEL · DIRECTOR · Less than 5% · control person
Mar 27, 2013 filing
- No longer listedCLAASSEN, MELVIN, LOUIS · TREAS/CHIEF FINANCIAL OFFICER/DIRECTOR · Less than 5% · control person · listed since Jun 2008
- ChangedALVAREZ, JAIME, EDUARDO · title SECRETARY/DIRECTOR → CFO/SECRETARY/DIRECTOR
- ChangedMERRYMAN, GEORGE, F · title ASST TREAS → TREASURER
Mar 19, 2012 filing (earliest on record)
- ListedALVAREZ, JAIME, EDUARDO · SECRETARY/DIRECTOR · Less than 5% · control person
- ListedCLAASSEN, MELVIN, LOUIS · TREAS/CHIEF FINANCIAL OFFICER/DIRECTOR · Less than 5% · control person
- ListedDILLER, RODNEY, D · VICE PRESIDENT/DIRECTOR · Less than 5% · control person
- ListedEVERENCE HOLDINGS, INC. · OWNER · 75% or more · control person
- ListedGAUTSCHE, DAVID, C. · ASSISTANT VICE PRESIDENT/DIRECTOR · Less than 5% · control person
- ListedKAUFFMAN, MARLO JAY · ASST SECRETARY · Less than 5% · control person
- ListedKING, DELMAR KAY · ASST TREAS · Less than 5% · control person
- ListedMERRYMAN, GEORGE, F · ASST TREAS · Less than 5% · control person
- ListedMILLER, LARRY, D · PRESIDENT/DIRECTOR · Less than 5% · control person
- ListedRICHARD, SIDNEY ALAN · ASST VICE PRES · Less than 5% · control person
- ListedZIMMERMAN, PHILIP, RAY · ASST SEC/CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SELECT SECTOR SPDR TR$11.9M +2133.7%
- APPLE INC$180.0K +15.2%
- NVIDIA CORPORATION$141.4K +14.1%
- ISHARES TR$92.1K +17.5%
- CME GROUP INC$55.1K +19.2%
Top Trims
- STATE STR SPDR S&P 500 ETF T-$27.7M -68.8%
- SPDR GOLD TR-$2.8M -52.7%
- ABRDN PLATINUM ETF TRUST-$1.0M -67.1%
- AMAZON COM INC-$711.2K -48.8%
- MICROSOFT CORP-$493.6K -33.6%
New Positions
- ISHARES TR$9.2M
- EXXONMOBIL HOLDINGS CORP$1.3M
- BP PLC$1.2M
- CHEVRON CORPORATION$1.2M
- SHELL PLC$1.2M
Exited Positions
- ALPHABET INC$761.2K
- META PLATFORMS INC$749.2K
- TAIWAN SEMICONDUCTOR MANUFAC$525.3K
- NEXTERA ENERGY INC$245.8K
- NETFLIX INC.$235.6K
Praxis Capital Management LLC Holdings (2026-09-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $12.5M | 21.31% | 16,450 | SH |
| 2 | SELECT SECTOR SPDR TR | XLP | 81369Y308 | $12.4M | 21.12% | 154,243 | SH |
| 3 | ISHARES TR | TLT | 464287432 | $9.2M | 15.62% | 118,200 | SH |
| 4 | SPACE EXPLORATION TECHN CORP Put | SPCX | 84615Q103 | $4.6M | 7.87% | 30,700 | SH |
| 5 | SPDR GOLD TR | GLD | 78463V107 | $2.5M | 4.21% | 6,500 | SH |
| 6 | ISHARES SILVER TR | SLV | 46428Q109 | $1.8M | 3.06% | 33,000 | SH |
| 7 | APPLE INC | AAPL | 037833100 | $1.4M | 2.32% | 4,103 | SH |
| 8 | EXXONMOBIL HOLDINGS CORP | XOM | 30233Q108 | $1.3M | 2.13% | 7,700 | SH |
| 9 | BP PLC | BP | 055622104 | $1.2M | 2.12% | 28,400 | SH |
| 10 | CHEVRON CORPORATION | CVX | 166764100 | $1.2M | 2.12% | 6,100 | SH |
| 11 | SHELL PLC | SHEL | 780259305 | $1.2M | 2.12% | 13,100 | SH |
| 12 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.1M | 1.94% | 5,000 | SH |
| 13 | MICROSOFT CORP | MSFT | 594918104 | $976.0K | 1.66% | 1,903 | SH |
| 14 | ALPHABET INC | GOOG | 02079K107 | $920.3K | 1.56% | 2,701 | SH |
| 15 | AMAZON COM INC | AMZN | 023135106 | $747.5K | 1.27% | 3,000 | SH |
| 16 | ISHARES TR | IGV | 464287515 | $617.6K | 1.05% | 5,800 | SH |
| 17 | SELECT SECTOR SPDR TR | XLV | 81369Y209 | $591.7K | 1.01% | 3,513 | SH |
| 18 | ABRDN PLATINUM ETF TRUST | PPLT | 003260106 | $513.2K | 0.87% | 33,300 | SH |
| 19 | BROADCOM INC | AVGO | 11135F101 | $491.7K | 0.84% | 1,400 | SH |
| 20 | JPMORGAN CHASE & CO | JPM | 46625H100 | $431.7K | 0.73% | 1,305 | SH |
| 21 | HOME DEPOT INC | HD | 437076102 | $372.7K | 0.63% | 1,310 | SH |
| 22 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $361.9K | 0.61% | 402 | SH |
| 23 | CME GROUP INC | CME | 12572Q105 | $342.1K | 0.58% | 1,306 | SH |
| 24 | UNION PAC CORP | UNP | 907818108 | $326.6K | 0.55% | 1,200 | SH |
| 25 | WASTE MGMT INC DEL | WM | 94106L109 | $307.1K | 0.52% | 1,506 | SH |
| 26 | VISA INC | V | 92826C839 | $287.8K | 0.49% | 801 | SH |
| 27 | INTUITIVE SURGICAL INC | ISRG | 46120E602 | $284.6K | 0.48% | 700 | SH |
| 28 | AMPHENOL CORP | APH | 032095101 | $269.8K | 0.46% | 3,200 | SH |
| 29 | ISHARES TR | IYR | 464287739 | $229.8K | 0.39% | 2,418 | SH |
| 30 | OCCIDENTAL PETE CORP | OXY | 674599105 | $210.2K | 0.36% | 3,800 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-16 | $58.9M | 30 | 0001791253-26-000005 |
| 2026-06-30 | 2026-07-22 | $63.1M | 29 | 0001791253-26-000003 |
| 2026-03-31 | 2026-05-01 | $42.8M | 39 | 0001791253-26-000002 |
| 2025-12-31 | 2026-02-09 | $27.9M | 35 | 0001791253-26-000001 |
Filer Information
Address
440 N WELLSSUITE 260
CHICAGO, IL 60654
Phone
(312) 222-4930
Filing Manager
Praxis Capital Management LLC
HINSDALE, IL
Signatory
Kevin Baskel
Chief Compliance Officer