Amanah Holdings Trust

2. Key Holdings

The portfolio is dominated by a few large-cap positions, with the top three holdings accounting for 57.49% of the total value.

• Seagate Technology Holdings PLC ($68.40M - 24.87%): This is the largest position, representing nearly a quarter of the portfolio. A 24.87% allocation in a single stock suggests strong conviction in the data storage and semiconductor cyclical recovery.
• BWX Technologies, Inc. ($51.81M - 18.83%): The second-largest holding is a major player in nuclear components and fuel. This significant stake indicates a strategic tilt toward defense and energy infrastructure.
• Affirm Holdings, Inc. ($37.95M - 13.79%): As the top financial services holding, this position provides significant exposure to the Buy Now, Pay Later (BNPL) sector and consumer credit trends.
• Cameco Corporation ($36.99M - 13.45%): This position complements BWX, reinforcing a heavy bet on the nuclear energy fuel cycle.
• Symbotic Inc. ($27.49M - 9.99%): This technology holding offers exposure to warehouse automation and AI-driven logistics.