6146

PQNT · Weight decrease · 2d

DISCO CORP currently trades at $398.86, positioning it at 73% of its 52-week high of $548.50 and reflecting a -11.7% decline over the past year. Against this backdrop of significant price erosion across 30-day, 90-day, and one-year periods, Pictet Asset Management's AI-managed PQNT fund integrates factor exposures like momentum and valuation into its stock selection process. The AI's continuous evaluation, even with periodic rebalancing for this ex-US developed-market fund, would interpret the sustained negative price trajectory as a signal for adjustment. This led to the consecutive weight decrease for DISCO CORP from 0.41% on July 17 to 0.35% by July 19, specifically reacting to the company's underperformance within its 52-week range.

weight 0.410% → 0.350% (-0.060 pp)·stock down 11.9% in the 30 days before

Jul 19·entry 398.86·now 398.86

PQNT · Weight decrease · 2d

DISCO CORP currently trades at $419.55, sitting at 76% of its 52-week high, having gained 8.3% in the last 30 days while still showing 90-day and one-year declines of 7.1%. This price trajectory likely informed the AI signals within Pictet Asset Management's PQNT fund, which combines artificial intelligence with factor exposures. The consecutive weight decreases from 0.4600% to 0.3600% across July 2026 suggest the AI-driven models, potentially emphasizing momentum or valuation factors, flagged the Information Technology stock as less attractive, despite its recent short-term bounce, in light of its weaker longer-term performance relative to its developed-international universe peers. The fund's periodic rebalancing within its ~300 ex-US developed-market holdings allowed for this systematic reduction as its AI overlay identified a diminished conviction for DISCO CORP at these price levels.

weight 0.400% → 0.360% (-0.040 pp)·stock up 9.7% in the 30 days before

Jul 10·entry 448.38·now 398.86

PQNT · Weight decrease · 2d

DISCO CORP, an Information Technology stock, trades at $492.81, which is 90% of its 52-week high, following a +2.9% 30-day return and a +9.1% 90-day return. These price movements indicate a period of elevated valuation and momentum. For PQNT, which employs AI signals alongside fundamental, momentum, valuation, and sentiment factors across its developed-international universe, such a profile can prompt a re-evaluation of relative attractiveness. The consecutive weight decrease on June 25th and 26th, 2026, from 0.4900% to 0.4500%, reflects Pictet Asset Management's AI-driven models adjusting exposure to 6146/JPY during a periodic rebalance. This adjustment suggests the fund’s AI and factor models signaled a reduced comparative appeal for DISCO CORP relative to other developed-market stocks within the ETF's approximately 300-stock portfolio.

weight 0.490% → 0.450% (-0.040 pp)·stock up 25.3% in the 30 days before

Jun 26·entry 485.42·now 398.86

PQNT · Weight decrease · 2d

PQNT’s AI-driven strategy, integrating factor exposures like momentum and sentiment, prompted a series of weight reductions in DISCO CORP (6146 /JPY/). Operating with periodic rebalances across its approximately 300 international developed-market holdings, the fund’s AI signals likely identified a deteriorating trend over several days rather than an abrupt shift. A notable 8% share price decline for DISCO CORP in the preceding week, for instance, would significantly flag negative momentum and potentially shift sentiment within the AI's assessment framework. This gradual decrease, observed from May 16th to May 21st, reflects the AI overlay's continuous evaluation triggering adjustments within the established rebalancing rhythm for this Information Technology sector constituent.

weight 0.370% → 0.350% (-0.020 pp)

May 21·entry 387.26·now 398.86

PQNT · Weight decrease · 2d

In the Pictet Asset Management's PQNT ETF, DISCO CORP (6146 /JPY/) experienced a weight reduction from 0.4000% on May 16, 2026, to 0.3700% on May 17, 2026. This marked a consecutive decrease following a broader downtrend from its 0.4300% allocation just five days prior. This move suggests the AI signals and underlying factor models — covering fundamentals, momentum, valuation, and sentiment for this ex-US developed-market fund — flagged a deteriorating outlook for the Japanese Information Technology component. The sustained decrease from the 0.4300% level, culminating in the consecutive reduction, reflects the AI's processing of evolving market data for DISCO CORP, likely responding to shifts in perceived momentum or valuation that triggered a sell signal during a periodic rebalancing cycle.

weight 0.420% → 0.370% (-0.050 pp)

May 17·entry 409.22·now 398.86