Praxis Capital Management LLC

HINSDALE, IL · CIK 1791253 · 13F filing filed 2026-07-22

SEC-registered investment adviser since 2025 · limited liability company

Assets managed$301.4m
Staff12 · 12 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $301.4m gross assets
Main officeChicago, IL
Websitepraxiscm.com
Form ADV · 2026-03-23SEC adviser record

Legal entityPraxis Capital Management, LLC (US)

Kindhedge funds, futures
Others nearbyChicago, IL, Miami Beach, FL

As an employer

Offices in1 country
Private fundshedge 1

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Chicago, IL (main office)United States	United States	about 10
Miami Beach, FLUnited States	United States	2

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$63.1m reported value +47.4% vs Q1 2026

29positions

88.2%in top 10

9 new 7 added 13 reduced 19 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	53,910	$40.3m63.80%	63.80%	Added +43.8k	+43,810 433.8%
2	SPDR GOLD TR GOLD SHS GLD	GLD	14,200	$5.2m8.29%	8.29%	Added +1.7k	+1,700 13.6%
3	ISHARES SILVER TR ISHARES SLV	SLV	33,000	$1.8m2.80%	2.80%	Added +16.5k	+16,500 100.0%
4	ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS PPLT	PPLT	110,500	$1.6m2.47%	2.47%	New
5	MICROSOFT CORP COM MSFT	MSFT	3,940	$1.5m2.33%	2.33%	Added +2.4k	+2,433 161.4%
6	AMAZON COM INC COM AMZN	AMZN	6,120	$1.5m2.31%	2.31%	Added +2.1k	+2,120 53.0%
7	APPLE INC COM AAPL	AAPL	4,100	$1.2m1.88%	1.88%	Added +931	+931 29.4%
8	NVIDIA CORPORATION COM NVDA	NVDA	5,000	$1.0m1.59%	1.59%	Reduced -500	-500 -9.1%
9	ALPHABET INC CAP STK CL C GOOG	GOOG	2,700	$954.0k1.51%	1.51%	Reduced -1.0k	-1,007 -27.2%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,130	$761.2k1.21%	1.21%	New
11	META PLATFORMS INC CL A META	META	1,330	$749.2k1.19%	1.19%	New
12	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	6,700	$556.6k0.88%	0.88%	New
13	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	3,500	$555.3k0.88%	0.88%	New
14	BROADCOM INC COM AVGO	AVGO	1,400	$528.9k0.84%	0.84%	Reduced -1.0k	-1,004 -41.8%
15	ISHARES TR EXPANDED TECH IGV	IGV	5,800	$525.5k0.83%	0.83%	New
16	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,100	$525.3k0.83%	0.83%	Added +90	+90 8.9%
17	HOME DEPOT INC COM HD	HD	1,300	$458.5k0.73%	0.73%	Reduced -811	-811 -38.4%
18	JPMORGAN CHASE & CO COM JPM	JPM	1,300	$425.5k0.67%	0.67%	Reduced -2.0k	-1,963 -60.2%
19	GOLDMAN SACHS GROUP INC COM GS	GS	400	$404.5k0.64%	0.64%	Reduced -6	-6 -1.5%
20	WASTE MGMT INC DEL COM WM	WM	1,500	$334.3k0.53%	0.53%	Reduced -2.0k	-1,960 -56.6%
21	UNION PAC CORP COM UNP	UNP	1,200	$326.4k0.52%	0.52%	Reduced -1.9k	-1,935 -61.7%
22	CME GROUP INC COM CME	CME	1,300	$287.1k0.45%	0.45%	Reduced -2.1k	-2,080 -61.5%
23	AMPHENOL CORP CL A APH	APH	1,600	$282.1k0.45%	0.45%	Reduced -413	-413 -20.5%
24	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	700	$278.4k0.44%	0.44%	Reduced -200	-200 -22.2%
25	VISA INC COM CL A V	V	800	$274.5k0.44%	0.44%	Reduced -1.3k	-1,329 -62.4%
26	NEXTERA ENERGY INC COM NEE	NEE	2,800	$245.8k0.39%	0.39%	New
27	ISHARES TR U.S. REAL ES ETF IYR	IYR	2,400	$245.4k0.39%	0.39%	New
28	NETFLIX INC COM NFLX	NFLX	3,300	$235.6k0.37%	0.37%	New
29	GENERAL DYNAMICS CORP COM GD	GD	600	$212.5k0.34%	0.34%	Reduced -554	-554 -48.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
INVESCO QQQ TR QQQ	QQQ	10,100	$5.8m10.1k shares
ISHARES TR FXI	FXI	55,300	$2.0m55.3k shares
INVESCO ACTVELY MNGD ETC FD PDBC	PDBC	88,000	$1.5m88.0k shares
OCCIDENTAL PETE CORP OXY	OXY	20,337	$1.3m20.3k shares
ADECOAGRO S A AGRO	AGRO	71,000	$1.1m71.0k shares
HERSHEY CO HSY	HSY	4,347	$903.7k4.3k shares
FREEPORT-MCMORAN INC FCX	FCX	12,073	$709.7k12.1k shares
OLIN CORP OLN	OLN	23,735	$705.6k23.7k shares
EQT CORP EQT	EQT	10,053	$639.8k10.1k shares
FLEX LTD FLEX	FLEX	9,000	$589.1k9.0k shares
ATLANTA BRAVES HLDGS INC BATRK	BATRK	10,000	$427.0k10.0k shares
ILLUMINA INC ILMN	ILMN	3,000	$369.8k3.0k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	2,500	$365.7k2.5k shares
BERKSHIRE HATHAWAY INC DEL BRK.B	BRK.B	750	$359.4k750 shares
DOW INC DOW	DOW	7,500	$312.4k7.5k shares
LYONDELLBASELL INDUSTRIES N LYB	LYB	3,800	$306.1k3.8k shares
COTERRA ENERGY INC CTRA	CTRA	7,546	$265.2k7.5k shares
SCHLUMBERGER LTD SLB	SLB	4,871	$250.3k4.9k shares
MONGODB INC MDB	MDB	1,000	$244.8k1.0k shares