AZZAD ASSET MANAGEMENT INC /ADV

Other Low signal CIK 1121914
League rank
#746
in Other · #2527 overall
Long book
$989.0M
Q1 2026
Positions
331
Top-10 weight
23%
concentration
Last quarter
+13.2%
SPY +14.8%
Turnover
15%
of book per quarter

Strategy in plain words

auto-generated from filings

AZZAD ASSET MANAGEMENT INC /ADV is an institutional manager, running a $989.0M US long book across 331 positions.

The portfolio is broadly diversified across 331 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, MICROSOFT CORP, ALPHABET INC-CL A, META PLATFORMS INC-CLASS A.

Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-0.1%
Q2 2024
+5.8%
Q3 2024
-1.2%
Q4 2024
-7.1%
Q1 2025
+10.0%
Q2 2025
+7.0%
Q3 2025
+1.2%
Q4 2025
-1.4%
Q1 2026
+13.2%

Sector allocation

Technology
36%
Industrials
16%
Other
10%
Healthcare
10%
Consumer discretionary
9%
Materials
5%
Services media
5%
Energy
4%

Long book by quarter

$858.1M
Q1 2024
$848.5M
Q2 2024
$891.0M
Q3 2024
$904.9M
Q4 2024
$1.37B
Q1 2025
$933.3M
Q2 2025
$1.01B
Q3 2025
$1.02B
Q4 2025
$989.0M
Q1 2026

What does AZZAD ASSET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology174.3K$44.2M4.5%-1.2%
NVDA NVIDIA CORPTechnology251.7K$43.9M4.4%-1.6%
MSFT MICROSOFT CORPTechnology70.8K$26.2M2.6%-2.5%
GOOGL ALPHABET INC-CL ATechnology86.7K$24.9M2.5%-3.3%
META META PLATFORMS INC-CLASS ATechnology36.5K$20.9M2.1%-2.8%
TSLA TESLA INCIndustrials45.7K$17.0M1.7%-4.9%
KLAC KLA CORPOther10.8K$16.0M1.6%-14.1%
AVGO BROADCOM INCTechnology42.4K$13.1M1.3%-2.6%
MRK MERCK & CO. INC.Healthcare85.7K$10.3M1.0%-1.1%
PG PROCTER & GAMBLE CO/THEOther66.2K$9.6M1.0%+14.0%
JNJ JOHNSON & JOHNSONHealthcare34.4K$8.4M0.9%-0.9%
FAST FASTENAL COConsumer discretionary180.9K$8.4M0.8%-1.0%
VRT VERTIV HOLDINGS CO-ATechnology33.1K$8.3M0.8%+1.8%
CAH CARDINAL HEALTH INCConsumer discretionary38.5K$8.1M0.8%-1.5%
PWR QUANTA SERVICES INCIndustrials13.9K$7.6M0.8%Held
EXPD EXPEDITORS INTL WASH INCIndustrials50.6K$7.2M0.7%-9.6%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples123.4K$7.1M0.7%+48.4%
AU ANGLOGOLD ASHANTI PLCMaterials71.0K$6.9M0.7%-24.2%
ABBV ABBVIE INCHealthcare31.2K$6.8M0.7%-0.8%
BDX BECTON DICKINSON AND COHealthcare42.2K$6.6M0.7%+67.8%
GWW WW GRAINGER INCConsumer discretionary6.0K$6.5M0.7%-1.4%
AZN ASTRAZENECA PLCHealthcare32.7K$6.4M0.7%New
ECL ECOLAB INCOther24.0K$6.4M0.6%+5.3%
APD AIR PRODUCTS & CHEMICALS INCMaterials21.5K$6.2M0.6%+22.2%
AEM AGNICO EAGLE MINES LTDMaterials30.3K$6.2M0.6%-6.3%
LRCX LAM RESEARCH CORPIndustrials28.8K$6.2M0.6%-45.2%
CNQ CANADIAN NATURAL RESOURCESEnergy125.5K$6.1M0.6%-13.6%
IBM INTL BUSINESS MACHINES CORPTechnology24.8K$6.0M0.6%-4.1%
ETN EATON CORP PLCIndustrials16.4K$5.9M0.6%+0.1%
MDT MEDTRONIC PLCHealthcare67.7K$5.9M0.6%-0.4%
MA MASTERCARD INC - AServices media11.4K$5.7M0.6%-1.4%
KVUE KENVUE INCOther320.5K$5.5M0.6%+1.0%
CDNS CADENCE DESIGN SYS INCTechnology19.2K$5.3M0.5%-0.4%
V VISA INC-CLASS A SHARESServices media17.6K$5.3M0.5%+29.6%
TPL TEXAS PACIFIC LAND CORPFinancials11.2K$5.3M0.5%+0.4%
IDXX IDEXX LABORATORIES INCMaterials9.4K$5.3M0.5%Held
CMI CUMMINS INCIndustrials9.8K$5.3M0.5%-18.4%
MTD METTLER-TOLEDO INTERNATIONALHealthcare4.1K$5.2M0.5%+31.2%
VEEV VEEVA SYSTEMS INC-CLASS ATechnology29.1K$5.1M0.5%+3.4%
COHR COHERENT CORPOther21.5K$5.1M0.5%Held
SN SHARKNINJA INCIndustrials48.2K$5.1M0.5%-0.9%
MPWR MONOLITHIC POWER SYSTEMS INCTechnology4.7K$5.1M0.5%-3.1%
LLY ELI LILLY & COHealthcare5.5K$5.1M0.5%-1.5%
FERG FERGUSON ENTERPRISES INCConsumer discretionary21.7K$5.1M0.5%-0.9%
HAL HALLIBURTON COEnergy129.2K$5.0M0.5%-34.0%
PEP PEPSICO INCConsumer staples32.4K$5.0M0.5%-0.2%
CNI CANADIAN NATL RAILWAY COIndustrials48.5K$5.0M0.5%+16.7%
ALLE ALLEGION PLCServices media34.1K$5.0M0.5%+20.5%
GIL GILDAN ACTIVEWEAR INCOther88.6K$4.9M0.5%+40.0%
CTAS CINTAS CORPOther28.9K$4.9M0.5%-1.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 30, 2026331$989.0M canonicalSEC ↗
Q4 202513F-HRJan 21, 2026330$1.02B canonicalSEC ↗
Q3 202513F-HRNov 5, 2025327$1.01B canonicalSEC ↗
Q2 202513F-HRJul 31, 2025313$933.3M canonicalSEC ↗
Q1 202513F-HR/ANEW HOLDINGSApr 16, 2025303$849.2M canonicalSEC ↗
Q1 202513F-HRApr 15, 2025172$518.1M canonicalSEC ↗
Q4 202413F-HR/ANEW HOLDINGSFeb 27, 2025172$518.5M canonicalSEC ↗
Q4 202413F-HRJan 29, 2025144$386.4M canonicalSEC ↗
Q3 202413F-HROct 7, 2024307$891.0M canonicalSEC ↗
Q2 202413F-HRJul 30, 2024294$848.5M canonicalSEC ↗
Q1 202413F-HRApr 19, 2024301$858.1M canonicalSEC ↗