# EDGAR Filing Document

**Accession Number:** 0000912900
**File Stem:** 0000894189-25-013971
**Filing Date:** 2025-11
**Character Count:** 83717
**Document Hash:** 859863334ed4f917afca0af32e05a67d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013971.hdr.sgml**: 20251118

**ACCESSION NUMBER**: 0000894189-25-013971

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251118

**DATE AS OF CHANGE**: 20251118

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRAXIS FUNDS
- **CENTRAL INDEX KEY:** 0000912900

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08056
- **FILM NUMBER:** 251495103

**BUSINESS ADDRESS:**
- **STREET 1:** 1110 N. MAIN ST.
- **CITY:** GOSHEN
- **STATE:** IN
- **ZIP:** 46527
- **BUSINESS PHONE:** 8009772947

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 483
- **CITY:** GOSHEN
- **STATE:** IN
- **ZIP:** 46527

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20110510

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MMA PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19931229

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXIS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19931001

## Series and Classes Contracts Data

### Praxis Impact Large Cap Growth ETF (Series ID: S000089723)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000256361 | Praxis Impact Large Cap Growth ETF |  |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Praxis Impact Large Cap Growth ETF** | **Praxis Impact Large Cap Growth ETF** | **Praxis Impact Large Cap Growth ETF** | **Praxis Impact Large Cap Growth ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 98.6%** | **COMMON STOCKS - 98.6%** | **Shares** | **Value**  |
| **Communications - 16.6%** | **Communications - 16.6%** | **Communications - 16.6%** | |
| Airbnb, Inc. - Class A <sup>(a)</sup> | Airbnb, Inc. - Class A <sup>(a)</sup> | 808 | $98107 |
| Alphabet, Inc. - Class A | Alphabet, Inc. - Class A | 4993 | 1213798 |
| Alphabet, Inc. - Class C | Alphabet, Inc. - Class C | 10042 | 2445729 |
| AppLovin Corp. - Class A <sup>(a)</sup> | AppLovin Corp. - Class A <sup>(a)</sup> | 487 | 349929 |
| Booking Holdings, Inc. | Booking Holdings, Inc. | 63 | 340154 |
| DoorDash, Inc. - Class A <sup>(a)</sup> | DoorDash, Inc. - Class A <sup>(a)</sup> | 705 | 191753 |
| Electronic Arts, Inc. | Electronic Arts, Inc. | 180 | 36306 |
| Expedia Group, Inc. – Class A | Expedia Group, Inc. – Class A | 324 | 69255 |
| Fox Corp. - Class A | Fox Corp. - Class A | 878 | 55367 |
| GoDaddy, Inc. - Class A <sup>(a)</sup> | GoDaddy, Inc. - Class A <sup>(a)</sup> | 303 | 41460 |
| Meta Platforms, Inc. - Class A | Meta Platforms, Inc. - Class A | 3174 | 2330922 |
| Netflix, Inc. <sup>(a)</sup> | Netflix, Inc. <sup>(a)</sup> | 745 | 893195 |
| Pinterest, Inc. - Class A <sup>(a)</sup> | Pinterest, Inc. - Class A <sup>(a)</sup> | 1256 | 40406 |
| Reddit, Inc. - Class A <sup>(a)</sup> | Reddit, Inc. - Class A <sup>(a)</sup> | 272 | 62557 |
| ROBLOX Corp. - Class A <sup>(a)</sup> | ROBLOX Corp. - Class A <sup>(a)</sup> | 1447 | 200438 |
| T-Mobile US, Inc. | T-Mobile US, Inc. | 878 | 210176 |
| Trade Desk, Inc. - Class A <sup>(a)</sup> | Trade Desk, Inc. - Class A <sup>(a)</sup> | 979 | 47981 |
| Uber Technologies, Inc. <sup>(a)</sup> | Uber Technologies, Inc. <sup>(a)</sup> | 3563 | 349067 |
| VeriSign, Inc. | VeriSign, Inc. | 245 | 68495 |
|  |  |  | 9045095 |
| **Consumer Discretionary - 13.1%** | **Consumer Discretionary - 13.1%** | **Consumer Discretionary - 13.1%** |  |
| Amazon.com, Inc. <sup>(a)</sup> | Amazon.com, Inc. <sup>(a)</sup> | 13830 | 3036653 |
| AutoZone, Inc. <sup>(a)</sup> | AutoZone, Inc. <sup>(a)</sup> | 40 | 171610 |
| Burlington Stores, Inc. <sup>(a)</sup> | Burlington Stores, Inc. <sup>(a)</sup> | 191 | 48609 |
| Carnival Corp. <sup>(a)</sup> | Carnival Corp. <sup>(a)</sup> | 882 | 25499 |
| Carvana Co. – Class A <sup>(a)</sup> | Carvana Co. – Class A <sup>(a)</sup> | 262 | 98837 |
| Chipotle Mexican Grill, Inc. <sup>(a)</sup> | Chipotle Mexican Grill, Inc. <sup>(a)</sup> | 2268 | 88883 |
| Copart, Inc. <sup>(a)</sup> | Copart, Inc. <sup>(a)</sup> | 1484 | 66735 |
| eBay, Inc. | eBay, Inc. | 488 | 44384 |
| Hilton Worldwide Holdings, Inc. | Hilton Worldwide Holdings, Inc. | 549 | 142432 |
| Live Nation Entertainment, Inc. <sup>(a)</sup> | Live Nation Entertainment, Inc. <sup>(a)</sup> | 547 | 89380 |
| Lululemon Athletica, Inc. <sup>(a)</sup> | Lululemon Athletica, Inc. <sup>(a)</sup> | 288 | 51244 |
| Marriott International, Inc. - Class A | Marriott International, Inc. - Class A | 379 | 98707 |
| McDonald's Corp. | McDonald's Corp. | 1058 | 321516 |
| O'Reilly Automotive, Inc. <sup>(a)</sup> | O'Reilly Automotive, Inc. <sup>(a)</sup> | 1916 | 206564 |
| Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. | 326 | 105487 |
| Starbucks Corp. | Starbucks Corp. | 1863 | 157610 |
| Tesla, Inc. <sup>(a)</sup> | Tesla, Inc. <sup>(a)</sup> | 4584 | 2038596 |
| TJX Cos., Inc. | TJX Cos., Inc. | 1847 | 266965 |
| Ulta Beauty, Inc. <sup>(a)</sup> | Ulta Beauty, Inc. <sup>(a)</sup> | 60 | 32805 |
| Yum! Brands, Inc. | Yum! Brands, Inc. | 376 | 57152 |
|  |  |  | 7149668 |
| **Consumer Staples - 1.3%** | **Consumer Staples - 1.3%** | **Consumer Staples - 1.3%** |  |
| Church & Dwight Co., Inc. | Church & Dwight Co., Inc. | 377 | 33036 |
| Costco Wholesale Corp. | Costco Wholesale Corp. | 611 | 565560 |
| Estee Lauder Cos., Inc. - Class A | Estee Lauder Cos., Inc. - Class A | 313 | 27582 |
| Monster Beverage Corp. <sup>(a)</sup> | Monster Beverage Corp. <sup>(a)</sup> | 1094 | 73637 |
|  |  |  | 699815 |
| **Energy - 0.7%** | **Energy - 0.7%** | **Energy - 0.7%** |  |
| Baker Hughes Co. | Baker Hughes Co. | 1380 | 67234 |
| EOG Resources, Inc. | EOG Resources, Inc. | 244 | 27357 |
| EQT Corp. | EQT Corp. | 1048 | 57043 |
| First Solar, Inc. <sup>(a)</sup> | First Solar, Inc. <sup>(a)</sup> | 140 | 30874 |
| Kinder Morgan, Inc. | Kinder Morgan, Inc. | 2149 | 60838 |
| Phillips 66 | Phillips 66 | 406 | 55224 |
| Texas Pacific Land Corp. | Texas Pacific Land Corp. | 44 | 41080 |
| Venture Global, Inc. - Class A | Venture Global, Inc. - Class A | 2048 | 29061 |
|  |  |  | 368711 |
| **Financials - 7.1%** | **Financials - 7.1%** | **Financials - 7.1%** |  |
| Ares Management Corp. - Class A | Ares Management Corp. - Class A | 571 | 91297 |
| Arthur J Gallagher & Co. | Arthur J Gallagher & Co. | 163 | 50488 |
| Blackrock, Inc. | Blackrock, Inc. | 22 | 25649 |
| Block, Inc. – Class A <sup>(a)</sup> | Block, Inc. – Class A <sup>(a)</sup> | 1320 | 95396 |
| Broadridge Financial Solutions, Inc. | Broadridge Financial Solutions, Inc. | 127 | 30248 |
| Brown & Brown, Inc. | Brown & Brown, Inc. | 525 | 49240 |
| Capital One Financial Corp. | Capital One Financial Corp. | 119 | 25297 |
| CME Group, Inc. – Class A | CME Group, Inc. – Class A | 163 | 44041 |
| Coinbase Global, Inc. - Class A <sup>(a)</sup> | Coinbase Global, Inc. - Class A <sup>(a)</sup> | 438 | 147821 |
| Equifax, Inc. | Equifax, Inc. | 191 | 48997 |
| FactSet Research Systems, Inc. | FactSet Research Systems, Inc. | 167 | 47844 |
| Fair Isaac Corp. <sup>(a)</sup> | Fair Isaac Corp. <sup>(a)</sup> | 52 | 77820 |
| Interactive Brokers Group, Inc. - Class A | Interactive Brokers Group, Inc. - Class A | 1441 | 99155 |
| Intercontinental Exchange, Inc. | Intercontinental Exchange, Inc. | 199 | 33527 |
| LPL Financial Holdings, Inc. | LPL Financial Holdings, Inc. | 272 | 90492 |
| Mastercard, Inc. - Class A | Mastercard, Inc. - Class A | 1482 | 842976 |
| Moody's Corp. | Moody's Corp. | 324 | 154379 |
| MSCI, Inc. | MSCI, Inc. | 127 | 72061 |
| Nasdaq, Inc. | Nasdaq, Inc. | 548 | 48471 |
| Robinhood Markets, Inc. - Class A <sup>(a)</sup> | Robinhood Markets, Inc. - Class A <sup>(a)</sup> | 1931 | 276481 |
| Rocket Cos., Inc. - Class A | Rocket Cos., Inc. - Class A | 1328 | 25737 |
| S&P Global, Inc. | S&P Global, Inc. | 596 | 290079 |
| Tradeweb Markets, Inc. - Class A | Tradeweb Markets, Inc. - Class A | 380 | 42172 |
| Verisk Analytics, Inc. | Verisk Analytics, Inc. | 379 | 95322 |
| Visa, Inc. - Class A | Visa, Inc. - Class A | 3088 | 1054181 |
|  |  |  | 3859171 |
| **Health Care - 5.2%** | **Health Care - 5.2%** | **Health Care - 5.2%** |  |
| Alnylam Pharmaceuticals, Inc. <sup>(a)</sup> | Alnylam Pharmaceuticals, Inc. <sup>(a)</sup> | 310 | 141360 |
| Boston Scientific Corp. <sup>(a)</sup> | Boston Scientific Corp. <sup>(a)</sup> | 2923 | 285372 |
| Cardinal Health, Inc. | Cardinal Health, Inc. | 231 | 36258 |
| Danaher Corp. | Danaher Corp. | 267 | 52935 |
| Dexcom, Inc. <sup>(a)</sup> | Dexcom, Inc. <sup>(a)</sup> | 1091 | 73413 |
| Eli Lilly & Co. | Eli Lilly & Co. | 1420 | 1083460 |
| Gilead Sciences, Inc. | Gilead Sciences, Inc. | 461 | 51171 |
| IDEXX Laboratories, Inc. <sup>(a)</sup> | IDEXX Laboratories, Inc. <sup>(a)</sup> | 164 | 104778 |
| Insulet Corp. <sup>(a)</sup> | Insulet Corp. <sup>(a)</sup> | 196 | 60511 |
| Intuitive Surgical, Inc. <sup>(a)</sup> | Intuitive Surgical, Inc. <sup>(a)</sup> | 633 | 283097 |
| Mettler-Toledo International, Inc. <sup>(a)</sup> | Mettler-Toledo International, Inc. <sup>(a)</sup> | 41 | 50332 |
| ResMed, Inc. | ResMed, Inc. | 264 | 72265 |
| Stryker Corp. | Stryker Corp. | 498 | 184096 |
| Thermo Fisher Scientific, Inc. | Thermo Fisher Scientific, Inc. | 62 | 30071 |
| Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | Vertex Pharmaceuticals, Inc. <sup>(a)</sup> | 436 | 170755 |
| Waters Corp. <sup>(a)</sup> | Waters Corp. <sup>(a)</sup> | 112 | 33579 |
| West Pharmaceutical Services, Inc. | West Pharmaceutical Services, Inc. | 127 | 33316 |
| Zoetis, Inc. | Zoetis, Inc. | 631 | 92328 |
|  |  |  | 2839097 |
| **Industrials - 4.9%** | **Industrials - 4.9%** | **Industrials - 4.9%** |  |
| Amphenol Corp. - Class A | Amphenol Corp. - Class A | 2376 | 294030 |
| Automatic Data Processing, Inc. | Automatic Data Processing, Inc. | 484 | 142054 |
| Axon Enterprise, Inc. <sup>(a)</sup> | Axon Enterprise, Inc. <sup>(a)</sup> | 209 | 149987 |
| Cintas Corp. | Cintas Corp. | 406 | 83336 |
| Deere & Co. | Deere & Co. | 62 | 28350 |
| Emerson Electric Co. | Emerson Electric Co. | 205 | 26892 |
| Expeditors International of Washington, Inc. | Expeditors International of Washington, Inc. | 316 | 38739 |
| Fastenal Co. | Fastenal Co. | 3183 | 156094 |
| GE Vernova, Inc. | GE Vernova, Inc. | 524 | 322208 |
| HEICO Corp. | HEICO Corp. | 183 | 59076 |
| Howmet Aerospace, Inc. | Howmet Aerospace, Inc. | 932 | 182886 |
| Ingersoll Rand, Inc. | Ingersoll Rand, Inc. | 616 | 50894 |
| Johnson Controls International PLC | Johnson Controls International PLC | 655 | 72017 |
| Keysight Technologies, Inc. <sup>(a)</sup> | Keysight Technologies, Inc. <sup>(a)</sup> | 155 | 27113 |
| Old Dominion Freight Line, Inc. | Old Dominion Freight Line, Inc. | 463 | 65181 |
| Paychex, Inc. | Paychex, Inc. | 370 | 46901 |
| Quanta Services, Inc. | Quanta Services, Inc. | 291 | 120596 |
| Republic Services, Inc. | Republic Services, Inc. | 236 | 54157 |
| Rockwell Automation, Inc. | Rockwell Automation, Inc. | 187 | 65362 |
| Rollins, Inc. | Rollins, Inc. | 1650 | 96921 |
| Southwest Airlines Co. | Southwest Airlines Co. | 1569 | 50067 |
| TE Connectivity PLC | TE Connectivity PLC | 125 | 27441 |
| Trane Technologies PLC | Trane Technologies PLC | 180 | 75953 |
| Trimble, Inc. <sup>(a)</sup> | Trimble, Inc. <sup>(a)</sup> | 483 | 39437 |
| United Airlines Holdings, Inc. <sup>(a)</sup> | United Airlines Holdings, Inc. <sup>(a)</sup> | 308 | 29722 |
| Veralto Corp. | Veralto Corp. | 311 | 33156 |
| Vertiv Holdings Co. - Class A | Vertiv Holdings Co. - Class A | 812 | 122498 |
| Waste Connections, Inc. | Waste Connections, Inc. | 553 | 97217 |
| Westinghouse Air Brake Technologies Corp. | Westinghouse Air Brake Technologies Corp. | 185 | 37087 |
| WW Grainger, Inc. | WW Grainger, Inc. | 78 | 74331 |
|  |  |  | 2669703 |
| **Materials - 0.6%** | **Materials - 0.6%** | **Materials - 0.6%** |  |
| Ecolab, Inc. | Ecolab, Inc. | 374 | 102424 |
| Martin Marietta Materials, Inc. | Martin Marietta Materials, Inc. | 88 | 55465 |
| Sherwin-Williams Co. | Sherwin-Williams Co. | 329 | 113919 |
| Vulcan Materials Co. | Vulcan Materials Co. | 272 | 83673 |
|  |  |  | 355481 |
| **Real Estate - 0.2%** | **Real Estate - 0.2%** | **Real Estate - 0.2%** |  |
| CBRE Group, Inc. - Class A <sup>(a)</sup> | CBRE Group, Inc. - Class A <sup>(a)</sup> | 227 | 35766 |
| CoStar Group, Inc. <sup>(a)</sup> | CoStar Group, Inc. <sup>(a)</sup> | 981 | 82767 |
|  |  |  | 118533 |
| **Technology - 48.9%<sup>(b)</sup>** | **Technology - 48.9%<sup>(b)</sup>** | **Technology - 48.9%<sup>(b)</sup>** |  |
| Accenture PLC - Class A | Accenture PLC - Class A | 115 | 28359 |
| Adobe, Inc. <sup>(a)</sup> | Adobe, Inc. <sup>(a)</sup> | 647 | 228229 |
| Advanced Micro Devices, Inc. <sup>(a)</sup> | Advanced Micro Devices, Inc. <sup>(a)</sup> | 3032 | 490547 |
| Apple, Inc. | Apple, Inc. | 21758 | 5540240 |
| Applied Materials, Inc. | Applied Materials, Inc. | 602 | 123254 |
| Arista Networks, Inc. <sup>(a)</sup> | Arista Networks, Inc. <sup>(a)</sup> | 2047 | 298268 |
| Atlassian Corp. - Class A <sup>(a)</sup> | Atlassian Corp. - Class A <sup>(a)</sup> | 388 | 61964 |
| Autodesk, Inc. <sup>(a)</sup> | Autodesk, Inc. <sup>(a)</sup> | 493 | 156611 |
| Bentley Systems, Inc. - Class B | Bentley Systems, Inc. - Class B | 512 | 26358 |
| Broadcom, Inc. | Broadcom, Inc. | 7469 | 2464098 |
| Cadence Design Systems, Inc. <sup>(a)</sup> | Cadence Design Systems, Inc. <sup>(a)</sup> | 536 | 188275 |
| Cisco Systems, Inc. | Cisco Systems, Inc. | 537 | 36742 |
| Cloudflare, Inc. - Class A <sup>(a)</sup> | Cloudflare, Inc. - Class A <sup>(a)</sup> | 714 | 153217 |
| CoreWeave, Inc. - Class A <sup>(a)</sup> | CoreWeave, Inc. - Class A <sup>(a)</sup> | 354 | 48445 |
| Corning, Inc. | Corning, Inc. | 344 | 28218 |
| Crowdstrike Holdings, Inc. - Class A <sup>(a)</sup> | Crowdstrike Holdings, Inc. - Class A <sup>(a)</sup> | 424 | 207921 |
| Datadog, Inc. - Class A <sup>(a)</sup> | Datadog, Inc. - Class A <sup>(a)</sup> | 778 | 110787 |
| Fortinet, Inc. <sup>(a)</sup> | Fortinet, Inc. <sup>(a)</sup> | 1358 | 114181 |
| Gartner, Inc. <sup>(a)</sup> | Gartner, Inc. <sup>(a)</sup> | 124 | 32596 |
| HubSpot, Inc. <sup>(a)</sup> | HubSpot, Inc. <sup>(a)</sup> | 124 | 58007 |
| Intuit, Inc. | Intuit, Inc. | 499 | 340772 |
| KLA Corp. | KLA Corp. | 211 | 227585 |
| Lam Research Corp. | Lam Research Corp. | 2204 | 295116 |
| Marvell Technology, Inc. | Marvell Technology, Inc. | 1707 | 143508 |
| Microsoft Corp. | Microsoft Corp. | 11346 | 5876661 |
| MongoDB, Inc. <sup>(a)</sup> | MongoDB, Inc. <sup>(a)</sup> | 257 | 79768 |
| Monolithic Power Systems, Inc. | Monolithic Power Systems, Inc. | 79 | 72731 |
| NVIDIA Corp. | NVIDIA Corp. | 35273 | 6581236 |
| Okta, Inc. – Class A <sup>(a)</sup> | Okta, Inc. – Class A <sup>(a)</sup> | 423 | 38789 |
| Oracle Corp. | Oracle Corp. | 1581 | 444640 |
| Palo Alto Networks, Inc. <sup>(a)</sup> | Palo Alto Networks, Inc. <sup>(a)</sup> | 1284 | 261448 |
| Roper Technologies, Inc. | Roper Technologies, Inc. | 55 | 27428 |
| Salesforce, Inc. | Salesforce, Inc. | 1658 | 392946 |
| Seagate Technology Holdings PLC | Seagate Technology Holdings PLC | 404 | 95368 |
| ServiceNow, Inc. <sup>(a)</sup> | ServiceNow, Inc. <sup>(a)</sup> | 356 | 327620 |
| Snowflake, Inc. <sup>(a)</sup> | Snowflake, Inc. <sup>(a)</sup> | 732 | 165103 |
| Strategy, Inc. - Class A <sup>(a)</sup> | Strategy, Inc. - Class A <sup>(a)</sup> | 496 | 159816 |
| Super Micro Computer, Inc. <sup>(a)</sup> | Super Micro Computer, Inc. <sup>(a)</sup> | 1103 | 52878 |
| Synopsys, Inc. <sup>(a)</sup> | Synopsys, Inc. <sup>(a)</sup> | 330 | 162819 |
| Teradyne, Inc. | Teradyne, Inc. | 230 | 31657 |
| Texas Instruments, Inc. | Texas Instruments, Inc. | 1165 | 214045 |
| Tyler Technologies, Inc. <sup>(a)</sup> | Tyler Technologies, Inc. <sup>(a)</sup> | 84 | 43945 |
| Veeva Systems, Inc. - Class A <sup>(a)</sup> | Veeva Systems, Inc. - Class A <sup>(a)</sup> | 352 | 104864 |
| Western Digital Corp. | Western Digital Corp. | 255 | 30615 |
| Workday, Inc. - Class A <sup>(a)</sup> | Workday, Inc. - Class A <sup>(a)</sup> | 352 | 84737 |
| Zscaler, Inc. <sup>(a)</sup> | Zscaler, Inc. <sup>(a)</sup> | 234 | 70120 |
|  |  |  | 26722532 |
| **TOTAL COMMON STOCKS** (Cost $45,219,287) | **TOTAL COMMON STOCKS** (Cost $45,219,287) | **TOTAL COMMON STOCKS** (Cost $45,219,287) | 53827806 |
| **REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.0%** | **REAL ESTATE INVESTMENT TRUSTS - COMMON - 1.0%** | **Shares** | **Value**  |
| **Real Estate - 1.0%** | **Real Estate - 1.0%** | **Real Estate - 1.0%** |  |
| American Tower Corp. | American Tower Corp. | 670 | 128855 |
| Equinix, Inc. | Equinix, Inc. | 184 | 144116 |
| SBA Communications Corp. | SBA Communications Corp. | 181 | 34996 |
| Welltower, Inc. | Welltower, Inc. | 1364 | 242983 |
| **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $549,500) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $549,500) | **TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON** (Cost $549,500) | 550950 |
| **CORPORATE BONDS - 0.3%** | **CORPORATE BONDS - 0.3%** | **Par** | **Value**  |
| **Consumer Discretionary - 0.3%** | **Consumer Discretionary - 0.3%** | **Consumer Discretionary - 0.3%** | **Consumer Discretionary - 0.3%** |
|  Capital Impact Partners, 4.50%, 06/15/2026 | Capital Impact Partners, 4.50%, 06/15/2026 | 180000 | 180533 |
| **TOTAL CORPORATE BONDS** (Cost $180,000) | **TOTAL CORPORATE BONDS** (Cost $180,000) | **TOTAL CORPORATE BONDS** (Cost $180,000) | 180533 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 0.1%** | **MONEY MARKET FUNDS - 0.1%** | **Shares** | **Value**  |
| First American Government Obligations Fund - Class X, 4.05%<sup>(c)</sup> | First American Government Obligations Fund - Class X, 4.05%<sup>(c)</sup> | 69939 | 69939 |
| **TOTAL MONEY MARKET FUNDS** (Cost $69,939) | **TOTAL MONEY MARKET FUNDS** (Cost $69,939) | **TOTAL MONEY MARKET FUNDS** (Cost $69,939) | 69939 |
| **TOTAL INVESTMENTS - 100.0% (**Cost $46,018,726**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $46,018,726**)** | **TOTAL INVESTMENTS - 100.0% (**Cost $46,018,726**)** | 54629228 |
| Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> | Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> | Liabilities in Excess of Other Assets - (0.0)% <sup>(d)</sup> | (8047) |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% | $54621181 |
| two | two | two | –% |
| Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. | Par amount is in USD unless otherwise indicated. |  |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | –% |

---

PLC - Public Limited Company<br>

(a) Non-income producing security.

(b) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
 industries or sectors.

(c) The rate shown represents the 7-day annualized yield as of September 30, 2025.

(d) Represents less than 0.05% of net assets.

------

#### Praxis Impact Large Cap Growth ETF
Notes to Quarterly Schedule of Investments

September 30, 2025 (Unaudited)

In certain circumstances, the Praxis Investment Management, Inc. Valuation Procedures for the Praxis Funds ("Valuation Procedures") contemplate the Board's delegation of the implementation of the Valuation Procedures to the Designee. In valuing restricted securities under the Valuation Procedures, the Designee will consider (but is not limited to) certain specific and general factors enumerated in the Valuation Procedures. The Valuation Procedures require that the Designee report to the Board at each of its regular quarterly meetings regarding valuation of restricted securities and actions taken in connection with the Valuation Procedures.

The valuation techniques described maximize the use of observable inputs and minimize the use of unobservable inputs in determining fair value. These inputs are summarized in the three broad levels listed below:

• Level 1 — Quoted prices in active markets for identical securities

• Level 2 — Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — Significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities is not necessarily an indication of the risks associated with investing in those securities. For example, short-term debt securities of sufficient credit quality maturing in less than 61 days may be valued using amortized cost, in accordance with rules under the 1940 Act. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

The following is a summary of the inputs used to value each Fund's investments as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Investments:** | | | | |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $53827806 | $– | $– | $53827806 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Real Estate Investment Trusts - Common | 550950 | – | – | 550950 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | – | 180533 | – | 180533 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 69939 | – | – | 69939 |
| **Total Investments** | $54448695 | $180533 | $– | $54629228 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Praxis Funds

- **b. Investment Company Act file number:** 811-08056

- **c. CIK number of Registrant:** 0000912900

- **d. LEI of Registrant:** 5493000A2TZD2B7R2O62

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1110 N. Main Street

  - **City:** Goshen

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46528

  - **Telephone number:** 800-977-2947

**Item A.2. Information about the Series.**

- **a. Name of Series:** Praxis Impact Large Cap Growth ETF

- **b. EDGAR series identifier (if any):** S000089723

- **c. LEI of Series:** 529900Y4651IAQRMT990

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $54648699.64

**Total Liabilities:** $27516.76

**Net Assets:** $54621182.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256361 | 3.48%                | 0.81%                | 4.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11874.31                | $1502521.67                                |
| Month 2  | $-7.02                   | $390645.15                                 |
| Month 3  | $412273.71               | $1896589.80                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EQT Corp                       | EQT Corp                                   | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      1048 | NS      | $57042.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                | First Solar Inc                            | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       140 | NS      | $30874.20     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                   | Fortinet Inc                               | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      1358 | NS      | $114180.64    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                    | HubSpot Inc                                | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |       124 | NS      | $58007.20     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                   | Autodesk Inc                               | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |       493 | NS      | $156611.31    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc            | Axon Enterprise Inc                        | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       209 | NS      | $149986.76    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc            | Bentley Systems Inc                        | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |       512 | NS      | $26357.76     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       231 | NS      | $36257.76     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corp                  | Carnival Corp                              | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | US        |       882 | NS      | $25498.62     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       611 | NS      | $565559.93    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CoStar Group Inc               | CoStar Group Inc                           | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |       981 | NS      | $82766.97     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc              | EOG Resources Inc                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |       244 | NS      | $27357.28     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc                     | Ecolab Inc                                 | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |       374 | NS      | $102423.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                    | Equinix Inc                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       184 | NS      | $144116.16    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa | Expeditors International of Washington Inc | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |       316 | NS      | $38738.44     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3174 | NS      | $2330922.12   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                    | Fastenal Co                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |      3183 | NS      | $156094.32    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc      | Keysight Technologies Inc                  | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |       155 | NS      | $27112.60     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                 | Eli Lilly & Co                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1420 | NS      | $1083460.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc         | Roper Technologies Inc                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |        55 | NS      | $27427.95     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                 | ServiceNow Inc                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       356 | NS      | $327619.68    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The        | Sherwin-Williams Co/The                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |       329 | NS      | $113919.54    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                 | Starbucks Corp                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      1863 | NS      | $157609.80    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc           | Tradeweb Markets Inc                       | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       380 | NS      | $42172.40     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Global Inc             | Venture Global Inc                         | CUSIP: 92333F101<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |      2048 | NS      | $29061.12     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                   | VeriSign Inc                               | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |       245 | NS      | $68494.65     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc           | Verisk Analytics Inc                       | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       379 | NS      | $95322.29     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co             | Vertiv Holdings Co                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |       812 | NS      | $122498.32    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                    | Workday Inc                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |       352 | NS      | $84736.96     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc  | Interactive Brokers Group Inc              | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      1441 | NS      | $99155.21     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |       199 | NS      | $33527.52     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp          | Monster Beverage Corp                      | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      1094 | NS      | $73637.14     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                | Yum! Brands Inc                            | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |       376 | NS      | $57152.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      3032 | NS      | $490547.28    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      4993 | NS      | $1213798.30   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     13830 | NS      | $3036653.10   | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       602 | NS      | $123253.48    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp           | Ares Management Corp                       | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |       571 | NS      | $91297.19     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                        | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      2047 | NS      | $298268.37    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        22 | NS      | $25649.14     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | Booking Holdings Inc                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        63 | NS      | $340154.01    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |      2923 | NS      | $285372.49    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |       127 | NS      | $30247.59     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc              | Brown & Brown Inc                          | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |       525 | NS      | $49239.75     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems Inc     | Cadence Design Systems Inc                 | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |       536 | NS      | $188275.36    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL IMPACT PARTNERS        | Capital Impact Partners                    | CUSIP: 14020AFB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $180533.65    | 0.33%             | 2026-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |       119 | NS      | $25297.02     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc         | Church & Dwight Co Inc                     | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |       377 | NS      | $33036.51     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                    | Cintas Corp                                | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       406 | NS      | $83335.56     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                     | Copart Inc                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      1484 | NS      | $66735.48     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                | WW Grainger Inc                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |        78 | NS      | $74330.88     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc         | Marvell Technology Inc                     | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1707 | NS      | $143507.49    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                | McDonald's Corp                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      1058 | NS      | $321515.62    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc   | Monolithic Power Systems Inc               | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |        79 | NS      | $72730.56     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                    | Phillips 66                                | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       406 | NS      | $55224.12     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                  | Pinterest Inc                              | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1256 | NS      | $40405.52     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                      | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      1931 | NS      | $276480.58    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       596 | NS      | $290079.16    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co          | Southwest Airlines Co                      | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |      1569 | NS      | $50066.79     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                   | Synopsys Inc                               | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |       330 | NS      | $162818.70    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technol | Westinghouse Air Brake Technologies Corp   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |       185 | NS      | $37086.95     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc          | Waste Connections Inc                      | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |       553 | NS      | $97217.40     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services I | West Pharmaceutical Services Inc           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |       127 | NS      | $33315.91     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                     | Zoetis Inc                                 | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |       631 | NS      | $92327.92     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                  | Accenture PLC                              | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       115 | NS      | $28359.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       163 | NS      | $44040.97     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                     | Dexcom Inc                                 | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      1091 | NS      | $73413.39     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                               | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |       705 | NS      | $191752.95    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                | Fair Isaac Corp                            | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        52 | NS      | $77819.56     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc  | Hilton Worldwide Holdings Inc              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |       549 | NS      | $142432.56    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc             | Ingersoll Rand Inc                         | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |       616 | NS      | $50893.92     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                     | Intuit Inc                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       499 | NS      | $340772.09    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc         | Tyler Technologies Inc                     | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |        84 | NS      | $43945.44     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                    | Zscaler Inc                                | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |       234 | NS      | $70120.44     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                   | Veralto Corp                               | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |       311 | NS      | $33155.71     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corp           | Western Digital Corp                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |       255 | NS      | $30615.30     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc       | Crowdstrike Holdings Inc                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |       424 | NS      | $207921.12    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |       267 | NS      | $52935.42     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc   | FactSet Research Systems Inc               | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       167 | NS      | $47843.83     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International Inc/MD  | Marriott International Inc/MD              | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       379 | NS      | $98706.76     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc  | Martin Marietta Materials Inc              | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |        88 | NS      | $55464.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International I | Mettler-Toledo International Inc           | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |        41 | NS      | $50332.01     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB Inc                    | MongoDB Inc                                | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |       257 | NS      | $79767.66     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     35273 | NS      | $6581236.34   | 12.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc  | Old Dominion Freight Line Inc              | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |       463 | NS      | $65181.14     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc          | Republic Services Inc                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       236 | NS      | $54157.28     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                     | ResMed Inc                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |       264 | NS      | $72264.72     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer Inc       | Super Micro Computer Inc                   | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |      1103 | NS      | $52877.82     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                | TJX Cos Inc/The                            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1847 | NS      | $266965.38    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                   | Teradyne Inc                               | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |       230 | NS      | $31657.20     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International | Johnson Controls International plc         | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | US        |       655 | NS      | $72017.25     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | Trane Technologies PLC                     | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |       180 | NS      | $75952.80     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                 | Cloudflare Inc                             | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |       714 | NS      | $153217.26    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                    | Corning Inc                                | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |       344 | NS      | $28218.32     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                       | eBay Inc                                   | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |       488 | NS      | $44383.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc              | Expedia Group Inc                          | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       324 | NS      | $69255.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                       | Fox Corp                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |       878 | NS      | $55366.68     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       524 | NS      | $322207.60    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc     | LPL Financial Holdings Inc                 | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |       272 | NS      | $90491.68     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                 | Mastercard Inc                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1482 | NS      | $842976.42    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     11346 | NS      | $5876660.70   | 10.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                 | Salesforce Inc                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1658 | NS      | $392946.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10042 | NS      | $2445729.10   | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                      | Apple Inc                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     21758 | NS      | $5540239.54   | 10.14%            |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                  | AppLovin Corp                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |       487 | NS      | $349928.98    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone Inc                   | AutoZone Inc                               | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        40 | NS      | $171609.60    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      7469 | NS      | $2464097.79   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc          | Burlington Stores Inc                      | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |       191 | NS      | $48609.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                     | Carvana Co                                 | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |       262 | NS      | $98836.88     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave Inc                  | CoreWeave Inc                              | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |       354 | NS      | $48444.90     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co        | Arthur J Gallagher & Co                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |       163 | NS      | $50487.62     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Gartner Inc                    | Gartner Inc                                | CUSIP: 366651107<br>LEI: PP55B5R38BFB8O8HH686 | Long             | EC               | CORP              | US        |       124 | NS      | $32595.88     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                       | KLA Corp                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       211 | NS      | $227584.60    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc              | Kinder Morgan Inc                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      2149 | NS      | $60838.19     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                       | MSCI Inc                                   | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       127 | NS      | $72061.07     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                   | Moody's Corp                               | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       324 | NS      | $154379.52    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc        | O'Reilly Automotive Inc                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      1916 | NS      | $206563.96    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc         | Palo Alto Networks Inc                     | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      1284 | NS      | $261448.08    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                    | Paychex Inc                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       370 | NS      | $46901.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc            | Quanta Services Inc                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       291 | NS      | $120596.22    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit Inc                     | Reddit Inc                                 | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |       272 | NS      | $62557.28     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                    | ROBLOX Corp                                | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1447 | NS      | $200438.44    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                 | Rocket Cos Inc                             | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1328 | NS      | $25736.64     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                    | Rollins Inc                                | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      1650 | NS      | $96921.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp        | SBA Communications Corp                    | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |       181 | NS      | $34996.35     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc          | Texas Instruments Inc                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      1165 | NS      | $214045.45    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk Inc/The             | Trade Desk Inc/The                         | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |       979 | NS      | $47980.79     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                    | Trimble Inc                                | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |       483 | NS      | $39436.95     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                        | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |       272 | NS      | $83672.64     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      1364 | NS      | $242982.96    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity PLC            | TE Connectivity PLC                        | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |       125 | NS      | $27441.25     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd                | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |       326 | NS      | $105487.08    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc    | Alnylam Pharmaceuticals Inc                | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |       310 | NS      | $141360.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |       932 | NS      | $182886.36    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc         | IDEXX Laboratories Inc                     | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |       164 | NS      | $104777.96    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc         | Intuitive Surgical Inc                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       633 | NS      | $283096.59    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       647 | NS      | $228229.25    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb Inc                     | Airbnb Inc                                 | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |       808 | NS      | $98107.36     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp            | American Tower Corp                        | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       670 | NS      | $128854.40    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                  | Amphenol Corp                              | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      2376 | NS      | $294030.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                 | Atlassian Corp                             | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | AU        |       388 | NS      | $61963.60     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc  | Automatic Data Processing Inc              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |       484 | NS      | $142054.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                | Baker Hughes Co                            | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1380 | NS      | $67233.60     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                 | CBRE Group Inc                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       227 | NS      | $35766.12     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc     | Chipotle Mexican Grill Inc                 | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2268 | NS      | $88882.92     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |       537 | NS      | $36741.54     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |       438 | NS      | $147820.62    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                    | Datadog Inc                                | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |       778 | NS      | $110787.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                     | Deere & Co                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |        62 | NS      | $28350.12     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc            | Electronic Arts Inc                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       180 | NS      | $36306.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co            | Emerson Electric Co                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       205 | NS      | $26891.90     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                    | Equifax Inc                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |       191 | NS      | $48997.23     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |     82623 | NS      | $82622.89     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       461 | NS      | $51171.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                    | GoDaddy Inc                                | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |       303 | NS      | $41459.49     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                     | HEICO Corp                                 | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |       183 | NS      | $59076.06     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                   | Insulet Corp                               | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       196 | NS      | $60511.08     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                          | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2204 | NS      | $295115.60    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The       | Estee Lauder Cos Inc/The                   | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |       313 | NS      | $27581.56     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc  | Live Nation Entertainment Inc              | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |       547 | NS      | $89379.80     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc        | Lululemon Athletica Inc                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |       288 | NS      | $51243.84     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                   | Strategy Inc                               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |       496 | NS      | $159816.16    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |       548 | NS      | $48470.60     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       745 | NS      | $893195.40    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc                       | Okta Inc                                   | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |       423 | NS      | $38789.10     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                    | Oracle Corp                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      1581 | NS      | $444640.44    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc        | Rockwell Automation Inc                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       187 | NS      | $65362.11     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                  | Snowflake Inc                              | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |       732 | NS      | $165102.60    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                      | Block Inc                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |      1320 | NS      | $95396.40     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                   | Stryker Corp                               | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       498 | NS      | $184095.66    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                | T-Mobile US Inc                            | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       878 | NS      | $210175.64    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | Tesla Inc                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      4584 | NS      | $2038596.48   | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp        | Texas Pacific Land Corp                    | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        44 | NS      | $41080.16     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |        62 | NS      | $30071.24     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | Uber Technologies Inc                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      3563 | NS      | $349067.11    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                | Ulta Beauty Inc                            | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |        60 | NS      | $32805.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc   | United Airlines Holdings Inc               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |       308 | NS      | $29722.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc              | Veeva Systems Inc                          | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       352 | NS      | $104864.32    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                 | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |       436 | NS      | $170755.04    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | Visa Inc                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3088 | NS      | $1054181.44   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                    | Waters Corp                                | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |       112 | NS      | $33578.72     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PL | Seagate Technology Holdings PLC            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | US        |       404 | NS      | $95368.24     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-18

**Name of Applicant:** Praxis Funds

**Signature:** /s/ Trent Statczar

**Name of Signer:** Trent Statczar

**Title:** Treasurer