# Praxis Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1791253. Source: https://holderbook.com/funds/1791253-praxis-capital-management-llc/

- Reported value: $63.1M
- Positions: 29
- Weight of the ten largest: 88.2%
- Filed: 2026-07-22

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $40.3M | 53,910 | 63.8% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $5.2M | 14,200 | 8.3% | 2 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $1.8M | 33,000 | 2.8% | 2 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $1.6M | 110,500 | 2.5% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.5M | 3,940 | 2.3% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5M | 6,120 | 2.3% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2M | 4,100 | 1.9% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0M | 5,000 | 1.6% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $954.0K | 2,700 | 1.5% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $761.2K | 2,130 | 1.2% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $749.2K | 1,330 | 1.2% | 1 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $556.6K | 6,700 | 0.9% | 1 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $555.3K | 3,500 | 0.9% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $528.9K | 1,400 | 0.8% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $525.5K | 5,800 | 0.8% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $525.3K | 1,100 | 0.8% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $458.5K | 1,300 | 0.7% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $425.5K | 1,300 | 0.7% | 3 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $404.5K | 400 | 0.6% | 3 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $334.3K | 1,500 | 0.5% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $326.4K | 1,200 | 0.5% | 3 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $287.1K | 1,300 | 0.5% | 3 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $282.1K | 1,600 | 0.4% | 3 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $278.4K | 700 | 0.4% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $274.5K | 800 | 0.4% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $245.8K | 2,800 | 0.4% | 1 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $245.4K | 2,400 | 0.4% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $235.6K | 3,300 | 0.4% | 1 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $212.5K | 600 | 0.3% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.8% | +14.8% | -10.0% | 100% |
| Q1 2026 | -2.8% | -4.6% | +1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $63.1M | 29 |
| Q1 2026 | $42.8M | 39 |
| Q4 2025 | $27.9M | 35 |