Azzad Asset Management Q2 2026 Portfolio Activity
Azzad Asset Management Inc significantly increased its holdings in KLA Corporation (KLAC) while reducing positions in Apple (AAPL) and Microsoft (MSFT).
Azzad Asset Management Inc has released portfolio data as of June 30, 2026. The fund's significant share movements this quarter are detailed below.
Major Purchases
The most notable purchase during Q2 was KLA Corporation (KLAC), with a staggering +852% increase in shares and its value within the portfolio. This substantial acquisition suggests strong confidence in KLAC's prospects.
Additionally, Azzad boosted its position in TARGET Corporation (TGT) by approximately +67.57%, indicating interest in consumer retail stocks. The fund also showed significant buying activity in Dynatrace Inc (DT), increasing shares by about 95.25%.
Significant Sales
Azzad Asset Management sold substantial portions of its holdings in several major technology companies during Q2, most notably Apple Inc (AAPL). The fund reduced its AAPL position by -18.92%, representing a significant decrease.
Microsoft Corporation (MSFT) also saw a notable reduction in Azzad's portfolio, with shares decreased by approximately -29.23%. Furthermore, the fund exited positions in several other companies not shown as holdings this quarter, including General Electric Healthcare Technologies Inc (GEHC), which was completely removed.
Overall Portfolio Changes
The portfolio's Technology sector allocation remains dominant but has seen some shifts. While KLAC and DT represent significant additions or increases, AAPL and MSFT have been divested from considerably this quarter.
Azzad also added positions to other sectors like Consumer Defensive (KVUE) and Healthcare (GEHC), though the latter was subsequently reduced entirely. The fund's overall portfolio turnover appears high based on these changes.