AMAT

AMOM · Weight decrease · 4d

The AMOM ETF, managed by Qraft Technologies, significantly reduced its allocation to AMAT with a consecutive weight decrease from 3.37% on July 1st to 2.57% by July 7th. This movement aligns with the fund's multi-signal momentum composite method, which specifically picks names expected to extend their runs rather than simply holding past top performers. Operating with a concentrated ~50 US large cap portfolio and rebalancing weekly, the AI manager's conviction in AMAT's future momentum likely waned, despite the stock's 1-year return of +207.7%. A weakening in any of its price trends, earnings revisions, or fundamental momentum signals could prompt such a decisive reduction, especially for a stock trading at a PER of 59.4. This strategic adjustment reflects a forward-looking assessment rather than a reactive holding pattern.

weight 3.570% → 2.570% (-1.000 pp)·stock up 10.5% in the 30 days before

Jul 7·entry $554.50·now $525.70

AMOM · Weight decrease · 3d

Qraft Technologies' AMOM, designed to identify US large-cap names expected to extend their market runs through a multi-signal momentum composite, initiated a consecutive weight decrease in APPLIED MATERIALS INC. The fund’s concentrated momentum sleeve, holding approximately 50 stocks and rebalancing weekly, implies conviction behind this adjustment. Following AMAT's substantial 30-day return of +38.7%, the decision to reduce allocation from 3.37% on July 1st to 2.66% by July 6th suggests the composite signals indicated a diminishing probability of the stock maintaining or accelerating its upward trajectory. This move reflects AMOM's method of actively managing exposures as momentum characteristics evolve, rather than passively holding top performers.

weight 3.570% → 2.660% (-0.910 pp)·stock up 18.4% in the 30 days before

Jul 6·entry $592.79·now $525.70

AMOM · Weight decrease · 2d

AMAT's PER of 59.4 and PBR of 9.03, coupled with a 3.33% revenue growth and 39.78% ROE, initially positioned it as a strong contender for AMOM, as these figures reflect a highly valued company with significant profitability, fitting the fund’s multi-signal approach that evaluates fundamental momentum. The fund's consecutive weight decrease in AMAT, starting July 1st and continuing through July 2nd, occurred as the stock traded at $603.04, having delivered a 41.3% return over 30 days and a 59.6% return over 90 days, while currently sitting at 83% of its 52-week high. Given AMOM's mandate to pick names expected to extend their runs rather than just holding past performers, the AI manager's composite, weighing price trends and alternative data signals, likely detected a deceleration in AMAT’s forward momentum following its substantial 255.9% one-year return. This adjustment reflects the concentrated momentum sleeve's design, where position changes signify conviction that the stock's upward trajectory is either weakening or less likely to continue its previous pace, leading to a calculated reduction in exposure to AMAT.

weight 3.570% → 2.760% (-0.810 pp)·stock up 23.1% in the 30 days before

Jul 2·entry $603.04·now $525.70

QRFT · Weight decrease · 4d

AMAT's valuation, evidenced by a PER of 59.4 and a PBR of 9.03, alongside revenue growth of 3.33% despite a 39.78% ROE, offers a nuanced picture for QRFT's AI, which integrates traditional factors like value, momentum, and quality into its broad large-cap core approach. The AI-managed fund began decreasing its exposure to AMAT, initiating a consecutive weight reduction from 1.11% on July 1st to 0.94% by July 7th. This adjustment occurred after the Information Technology stock experienced substantial gains, posting a 30-day return of +28.3% and a 1-year return of +207.7% to reach its current price of $554.50. The fund's AI likely rebalanced its position in AMAT, potentially moderating the weight of this stock due to its elevated valuation metrics in light of the fund's diversification and value considerations, even as the stock demonstrated considerable momentum and quality.

weight 1.220% → 0.940% (-0.280 pp)·stock up 10.5% in the 30 days before

Jul 7·entry $554.50·now $525.70

QRFT · Weight decrease · 3d

AMAT trades at $592.79, positioning it at 82% of its 52-week high, following substantial gains of 38.7% over 30 days and an acceleration of 244.7% in the past year. This rapid ascent likely triggered the Qraft AI’s rebalancing mechanism, which considers traditional factors like value alongside momentum and quality. Despite a 39.78% ROE, the stock’s PER of 59.4 and PBR of 9.03, coupled with revenue growth of 3.33%, suggest a valuation that the AI’s "value" factor may deem extended after such appreciation. Consequently, the QRFT fund executed a consecutive weight decrease for AMAT, moving from 1.11% to 1.00% between July 1st and July 6th, consistent with de-risking from a recently surging asset in its broad large-cap core portfolio.

weight 1.220% → 1.000% (-0.220 pp)·stock up 18.4% in the 30 days before

Jul 6·entry $592.79·now $525.70

QRFT · Weight decrease · 2d

stock up 23.1% in the 30 days before

Jul 2·entry $603.04·now $525.70

PQUS · Weight decrease · 3d

AMAT's PER of 49.43 and PBR of 9.03, alongside a 3.33% revenue growth, likely influenced PQUS's AI ranking system. For a US large-cap fund with measured turnover like Pictet Asset Management's offering, these valuation metrics, particularly following a +177.6% 1-year return for AMAT, suggest the AI identified a rebalancing opportunity. The consecutive weight decrease from 0.9000% on July 17th to 0.8300% on July 19th occurred while AMAT was trading at $529.66, 73% off its 52-week high, indicating the AI adjusted exposure after a period of significant price appreciation and considering the firm's specific financial profile within its sector-balanced universe.

weight 0.960% → 0.830% (-0.130 pp)·stock down 6.8% in the 30 days before

Jul 19·entry $525.70·now $525.70

PQUS · Weight decrease · 2d

AMAT has recently pulled back from its 52-week high, trading at $529.66, which is 73% of its $723.00 peak, following a significant 1-year return of +177.6% and a +53.1% gain over 90 days. This trajectory suggests the stock has seen considerable price appreciation, potentially elevating its valuation to a PER of 49.43 and PBR of 9.03. PQUS, which utilizes an AI ranking system across US large-caps with sector-balance and concentration rules, executed consecutive decreases in its AMAT allocation on July 17 and 18, reducing its weight from 0.96% to 0.87%. Given the fund's measured turnover and periodic rebalance strategy, these specific reductions in AMAT’s weight indicate the AI system adjusted its ranking, likely weighing the stock's high valuation metrics and 3.33% revenue growth against its recent strong performance and managing portfolio constraints.

weight 0.960% → 0.870% (-0.090 pp)·stock down 6.8% in the 30 days before

Jul 18·entry $525.70·now $525.70

PQUS · Weight decrease · 3d

AMAT's P/E of 54.39 and P/B of 9.03 suggest a significant market valuation for a company with 3.33% revenue growth, although its ROE stands at 39.78%. These metrics, within the US large-cap universe, likely influenced Pictet Asset Management's AI ranking system for PQUS, a fund designed for measured turnover rather than rapid trading. The consecutive weight decrease in AMAT by PQUS, observed from July 8th, 2026, occurred after the stock delivered a 30-day return of 31.3% and a 90-day return of 58.2%. This sustained reduction in allocation points to the AI system's re-evaluation of AMAT's attractiveness as its price approached 81% of its 52-week high, potentially signaling an adjustment against the extended valuation multiples compared to its revenue growth trajectory within the fund's sector-balance and concentration rules.

weight 1.120% → 0.930% (-0.190 pp)·stock up 20.7% in the 30 days before

Jul 10·entry $602.50·now $525.70

PQUS · Weight decrease · 2d

Pictet Asset Management's PQUS ETF, which utilizes an AI ranking system for its roughly 165 US large-cap holdings with periodic rebalancing, implemented a sequential reduction in its AMAT position from 1.3400% on July 2nd to 1.0200% by July 9th. This measured decrease likely reflects the AI system's re-evaluation of AMAT's valuation in light of its rapid ascent, including a 1-year return of 211.6%. Despite this share price performance, the stock's PER of 59.4 combined with its 3.33% revenue growth might have signaled to the algorithm that rebalancing towards other opportunities, or managing concentration within the Information Technology sector, was prudent. The fund's design for measured turnover and adherence to sector-balance rules supports a gradual adjustment rather than an immediate divestment.

weight 1.120% → 1.020% (-0.100 pp)·stock up 19.6% in the 30 days before

Jul 9·entry $588.66·now $525.70

PQUS · Weight decrease · 2d

stock up 39.8% in the 30 days before

Jun 26·entry $626.84·now $525.70

AIEQ · Weight decrease · 3d

AIEQ's allocation to AMAT reflects a series of consecutive, small decrements, specifically moving from 0.56% down to 0.50% over several trading days. This gradual reduction, rather than an abrupt sell-off, suggests that IBM Watson's daily NLP analysis consistently identified an incrementally less favorable sentiment or fundamental outlook for the semiconductor company. Given AMAT's current price at $529.66, sitting at 73% of its 52-week high after a 177.6% one-year return, the system likely perceives its valuation metrics—such as a PER of 49.43 and PBR of 9.03 against 3.33% revenue growth—as increasingly stretched. Consequently, EquBot's risk overlay would convert these daily deteriorating signals into systematic position trimming, aligning with AIEQ's high-turnover nature and daily rebalancing to manage exposure to potentially overextended assets.

weight 0.560% → 0.500% (-0.060 pp)·stock down 6.8% in the 30 days before

Jul 19·entry $525.70·now $525.70

AIEQ · Weight decrease · 2d

AMAT currently trades at $529.66, reflecting a 5.6% gain in the last 30 days and a 177.6% return over the past year, placing the stock at 73% of its 52-week high. This price trajectory interacts with AIEQ's strategy through its IBM Watson NLP engine, which daily processes thousands of news articles, analyst reports, and social posts to derive sentiment and fundamental rankings for its actively managed, high-turnover portfolio. Despite a 39.78% ROE, AMAT's PER of 49.43 and PBR of 9.03, alongside its 3.33% revenue growth, might prompt a re-evaluation by the fund's sentiment and fundamental hybrid model after such a significant run-up. The consecutive weight decrease observed from 0.54% to 0.52% between July 16 and 17 therefore suggests that EquBot's risk overlay, informed by IBM Watson's daily ranking, identified a less favorable outlook or potential overextension for AMAT at these elevated price levels, triggering a tactical reduction.

weight 0.560% → 0.520% (-0.040 pp)·stock down 6.8% in the 30 days before

Jul 17·entry $529.66·now $525.70

AIEQ · Weight decrease · 2d

The weight change pattern for AMAT in AIEQ shows a sustained, consecutive daily decrease from 0.57% on July 6th to 0.52% on July 8th, following an earlier initial increase and subsequent re-adjustment. This methodical reduction aligns with Amplify ETFs' (EquBot) strategy, where IBM Watson's NLP processes daily sentiment and fundamental shifts, particularly for a stock that has recently surged, posting a 30-day return of +25.4% and a 90-day return of +53.2%. At AMAT's current price of $570.50, residing at 79% of its 52-week high and valued with a PER of 59.4, the AI system's continuous ingestion of news and social posts likely detected a moderating momentum or an increasing risk signal through EquBot's overlay. The fund's characteristic daily rebalancing and high turnover facilitate such granular, multi-day portfolio adjustments, reflecting a dynamic response to the evolving data inputs rather than an abrupt shift.

weight 0.570% → 0.520% (-0.050 pp)·stock up 25.9% in the 30 days before

Jul 8·entry $570.50·now $525.70