Latest AZZAD ASSET MANAGEMENT INC /ADV Stock Portfolio

AZZAD ASSET MANAGEMENT INC /ADV Performance:

2024 Q3: 2.89%YTD: 9.81%2023: 18.67%

Performance for 2024 Q3 is 2.89%, and YTD is 9.81%, and 2023 is 18.67%.

About AZZAD ASSET MANAGEMENT INC /ADV and 13F Hedge Fund Stock Holdings

AZZAD ASSET MANAGEMENT INC /ADV is a hedge fund based in FALLS CHURCH, VA. On 17-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.2 Billions. In it's latest 13F Holdings report, AZZAD ASSET MANAGEMENT INC /ADV reported an equity portfolio of $891 Millions as of 30 Sep, 2024.

The top stock holdings of AZZAD ASSET MANAGEMENT INC /ADV are AAPL, NVDA, MSFT. The fund has invested 4.4% of it's portfolio in APPLE INC and 3.4% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off CROWDSTRIKE HLDGS INC (CRWD), MAGNA INTL INC and TE CONNECTIVITY LTD (TEL) stocks. They significantly reduced their stock positions in MICROCHIP TECHNOLOGY INC. (MCHP), WABTEC (WAB) and VISA INC (V). AZZAD ASSET MANAGEMENT INC /ADV opened new stock positions in MASTERCARD INCORPORATED (MA), TE CONNECTIVITY PLC and INSULET CORP (PODD). The fund showed a lot of confidence in some stocks as they added substantially to CINTAS CORP (CTAS), IMPINJ INC (PI) and TRACTOR SUPPLY CO (TSCO).

AZZAD ASSET MANAGEMENT INC /ADV Annual Return Estimates Vs S&P 500

Our best estimate is that AZZAD ASSET MANAGEMENT INC /ADV made a return of 2.89% in the last quarter. In trailing 12 months, it's portfolio return was 18.27%.

New Buys

Ticker	$ Bought
mastercard incorporated	5,128,510
te connectivity plc	2,781,500
corpay inc	2,182,440
insulet corp	2,090,010
snowflake inc	1,937,710
cencora inc	1,824,270
ferguson enterprises inc	1,309,030
cdw corp	1,262,330

New stocks bought by AZZAD ASSET MANAGEMENT INC /ADV

Additions

Ticker	% Inc.
cintas corp	283
impinj inc	179
tractor supply co	156
atlassian corporation	100
msci inc	96.38
simulations plus inc	68.66
applied indl technologies in	64.48
national resh corp	60.83

Additions to existing portfolio by AZZAD ASSET MANAGEMENT INC /ADV

Reductions

Ticker	% Reduced
microchip technology inc.	-88.43
wabtec	-68.7
visa inc	-59.94
intuitive surgical inc	-54.85
monolithic pwr sys inc	-33.1
veralto corp	-28.2
block inc	-27.82
iteris inc new	-27.64

AZZAD ASSET MANAGEMENT INC /ADV reduced stake in above stock

Sold off

Ticker	$ Sold
magna intl inc	-2,747,200
willscot mobil mini hldng co	-2,003,160
national vision hldgs inc	-571,339
mediaalpha inc	-568,592
albemarle corp	-2,241,930
cooper cos inc	-1,690,290
te connectivity ltd	-2,713,600
enovis corporation	-704,173

AZZAD ASSET MANAGEMENT INC /ADV got rid off the above stocks

Sector Distribution

AZZAD ASSET MANAGEMENT INC /ADV has about 28.5% of it's holdings in Technology sector.

Sector	%
Technology	28.5
Industrials	13.7
Healthcare	11.2
Others	10.8
Consumer Cyclical	8.6
Consumer Defensive	7
Real Estate	5.7
Communication Services	5.1
Basic Materials	4.7
Energy	2.7
Financial Services	2

Market Cap. Distribution

AZZAD ASSET MANAGEMENT INC /ADV has about 78.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	53
MEGA-CAP	25.9
UNALLOCATED	10.7
MID-CAP	8.7
SMALL-CAP	1.6

Stocks belong to which Index?

About 78.8% of the stocks held by AZZAD ASSET MANAGEMENT INC /ADV either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	72.2
Others	21.2
RUSSELL 2000	6.6

Top 5 Winners (%)		%
ITI	iteris inc new	64.5 %
INSP	inspire med sys inc	57.6 %
RVLV	revolve group inc	52.2 %
CBRE	cbre group inc	38.2 %
CSWI	csw industrials inc	37.9 %

Top 5 Winners ($)		$
AAPL	apple inc	3.8 M
TSLA	tesla inc	3.7 M
META	meta platforms inc	2.6 M
CBRE	cbre group inc	1.2 M
LOW	lowes cos inc	1.0 M

Top 5 Losers (%)		%
CTAS	cintas corp	-72.2 %
DXCM	dexcom inc	-40.8 %
HELE	helen of troy ltd	-33.5 %
EW	edwards lifesciences corp	-28.6 %
SLP	simulations plus inc	-26.9 %

Top 5 Losers ($)		$
CTAS	cintas corp	-13.6 M
DXCM	dexcom inc	-2.1 M
GOOG	alphabet inc	-1.7 M
EW	edwards lifesciences corp	-1.5 M
PINS	pinterest inc	-1.4 M

AZZAD ASSET MANAGEMENT INC /ADV Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of AZZAD ASSET MANAGEMENT INC /ADV

AZZAD ASSET MANAGEMENT INC /ADV has 307 stocks in it's portfolio. About 21.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for AZZAD ASSET MANAGEMENT INC /ADV last quarter.

Last Reported on: 07 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAON	aaon inc	0.45	37,069	3,997,520	reduced	-8.89

AAPL	apple inc	4.38	167,486	39,024,200	reduced	-0.75

ABBV	abbvie inc	0.53	24,065	4,752,400	reduced	-1.05

ABC	cencora inc	0.20	8,105	1,824,270	new

ABT	abbott labs	0.49	38,289	4,365,370	reduced	-1.61

ACHR	archer aviation inc	0.00	10,130	30,694	new

ACN	accenture plc ireland	0.25	6,284	2,221,100	reduced	-1.41

ADBE	adobe inc	0.37	6,385	3,305,980	reduced	-1.77

ADC	agree rlty corp	0.10	11,340	854,226	added	2.5

ADM	archer daniels midland co	0.24	35,176	2,101,430	added	10.62

ADUS	addus homecare corp	0.13	8,444	1,123,300	added	0.09

AEIS	advanced energy inds	0.09	7,416	780,454	added	1.28

AIT	applied indl technologies in	0.11	4,566	1,018,730	added	64.48

ALB	albemarle corp	0.00	0.00	0.00	sold off	-100

ALG	alamo group inc	0.08	4,096	737,796	reduced	-25.23

ALGN	align technology inc	0.48	16,713	4,250,420	added	11.38

ALLE	allegion plc	0.42	25,361	3,696,150	added	1.45

AMAT	applied matls inc	0.76	33,511	6,770,840	added	0.04

AMBA	ambarella inc	0.06	10,104	569,909	added	1.21

AMD	advanced micro devices inc	0.20	10,681	1,752,520	added	4.46