1812

PQNT · Weight decrease · 2d

Pictet Asset Management's PQNT, which utilizes AI signals combined with factor exposures like momentum and valuation across its approximately 300 developed-market stocks, has reduced its allocation to KAJIMA CORP. This trend, reflecting the detected pattern of consecutive weight decrease, suggests PQNT's AI algorithms identified deteriorating signals for the Japanese industrials company. Given PQNT's periodic rebalancing method, the AI's continuous evaluation likely flagged the stock's performance, which has seen its price drop to 84% of its 52-week high. The fund's methodology, sensitive to underperformance, would register the stock's negative 90-day return of -9.0% as a clear factor contributing to the divestment trend.

weight 0.610% → 0.590% (-0.020 pp)·stock down 1.9% in the 30 days before

Jul 19·entry 34.01·now 34.01

PQNT · Weight decrease · 2d

KAJIMA CORP currently trades at $34.32, 84% of its 52-week high, after registering a -8.2% return over both the past 90 days and the last year, positioning it near its 52-week low. This sustained decline likely influenced Pictet Asset Management's AI signals, which integrate factors like momentum and sentiment, particularly when evaluating a developed-international stock within its ex-US universe. The fund’s strategy, combining these AI inputs with factor exposures, triggered a sequential reduction in KAJIMA CORP's weight, moving from 0.68% on July 9th to 0.59% by July 16th during its periodic rebalancing cycle. As KAJIMA’s price trajectory continued downward, the AI-driven assessment within PQNT evidently identified diminishing conviction based on its declining momentum and valuation signals, leading to the decreased allocation.

weight 0.620% → 0.590% (-0.030 pp)·stock down 1.1% in the 30 days before

Jul 16·entry 34.32·now 34.01

PQNT · Weight decrease · 2d

The weight reduction for KAJIMA CORP in PQNT follows a clear stepwise decrease, starting from 0.77% and ultimately reaching 0.62% over the span of ten days in July. This systematic de-allocation aligns with the stock's consistently negative price performance, evidenced by -3.0% over 30 days and -4.8% over 90 days, with the price near 87% of its 52-week high. Pictet Asset Management's AI overlay, integrating momentum and sentiment factors, would likely interpret this sustained underperformance as a signal to trim exposure. Consequently, the AI-driven signals, processed during the fund's periodic rebalances, prompted this gradual reduction, carefully managing its broad ex-US developed-market portfolio by adjusting away from a stock demonstrating a weakening trend.

weight 0.680% → 0.620% (-0.060 pp)·stock down 4.1% in the 30 days before

Jul 12·entry 35.59·now 34.01

PQNT · Weight decrease · 2d

The pattern for KAJIMA CORP in PQNT shows a distinct two-day sequence: a small weight reduction from 0.78% to 0.77% on July 2nd, followed by a significantly larger decrease to 0.67% on July 3rd. This specific stepped adjustment, rather than a slow, continuous drift, is consistent with Pictet Asset Management's AI-driven methodology, which combines multiple factor exposures like valuation and sentiment while rebalancing periodically for its broad ex-US developed-market portfolio. With the Japanese industrials stock trading at $37.21, placing it at 91% of its 52-week high, but showing only a 1.0% gain over 30 days and negative returns over longer periods, the AI likely detected a divergence between recent price action and underlying factor strength. Such a rapid, two-stage drawdown suggests the AI's signals, informed by its fundamental, momentum, and valuation models, identified KAJIMA CORP as potentially overvalued relative to its short-term price strength versus its longer-term performance, prompting the accelerated divestment within PQNT's managed holdings.

weight 0.780% → 0.670% (-0.110 pp)·stock down 0.5% in the 30 days before

Jul 3·entry 37.21·now 34.01

PQNT · Weight decrease · 2d

The weight changes for KAJIMA CORP in PQNT recently displayed a stepped reduction, moving from 0.79% on June 22 to 0.76% by June 25. This decrease in allocation to the Industrials sector stock occurred while KAJIMA CORP's price languished at $35.44, trading near its 52-week low of $34.10 and showing -8.0% over 30 days and -5.2% over 90 days. For Pictet Asset Management's AI-driven developed-international fund, such persistent negative momentum and valuation indicators likely influenced its AI signals and factor models. The fund's periodic rebalancing method, not daily adjustments, reflects these calibrated reductions in exposure to a stock exhibiting sustained underperformance within its ex-US developed market universe.

weight 0.790% → 0.760% (-0.030 pp)·stock down 0.4% in the 30 days before

Jun 25·entry 35.44·now 34.01

PQNT · Weight decrease · 2d

The weight for KAJIMA CORP in PQNT exhibited a series of stepped decreases, moving from 0.82% down to 0.77% over a few days in mid-June 2026, consistent with the fund's periodic rebalancing schedule rather than daily adjustments. This measured reduction aligns with Pictet Asset Management’s AI-driven strategy, which integrates factor exposures like momentum and sentiment. KAJIMA CORP's recent performance, marked by a 30-day return of -15.1% and its current price of $34.46 near the bottom of its $34.10 to $40.69 52-week range, indicates strong negative momentum. For a broad ex-US developed-market fund like PQNT, these adverse price trends for an Industrials sector stock would prompt its AI overlay to systematically de-risk, causing the observed gradual reduction in allocation for company 1812.

weight 0.820% → 0.770% (-0.050 pp)·stock down 13.5% in the 30 days before

Jun 15·entry 34.46·now 34.01

PQNT · Weight decrease · 2d

weight 0.860% → 0.810% (-0.050 pp)·stock down 10.8% in the 30 days before

Jun 4·entry 34.61·now 34.01

PQNT · Weight decrease · 2d

A stepped, consecutive reduction marked the two-day weight change for Kajima Corp (1812) within PQNT, decreasing from 0.87% to 0.82% on May 16-17, 2026, following a period of stability at higher allocations. This particular cadence in a Japanese Industrials sector constituent suggests Pictet Asset Management’s AI overlay, which incorporates factors such as momentum and sentiment, detected a shift in signals specific to Kajima. The AI’s continuous evaluation, a core part of this newer (launched 2025) developed-international fund's method, likely indicated a less favorable short-term outlook or valuation at the prevailing price level. Consequently, the fund's periodic rebalancing mechanism made a precise adjustment to its exposure in the stock, reflecting the AI’s nuanced factor assessment rather than an immediate, drastic shift across the portfolio.

weight 0.870% → 0.820% (-0.050 pp)

May 17·entry 36.84·now 34.01