PQNT0.720%
as of Jul 21
ASSAB
DefensiveASSA ABLOY AB-B /SEK/
Close · 3M
-6.73%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
PQNT · Weight increase · 3d
ASSAB recently demonstrated an accelerated positive price trajectory, positioning it within the upper half of its 52-week trading range. This recent momentum, coupled with potentially strengthening fundamentals or positive shifts in investor sentiment detected by its AI, likely triggered PQNT's sophisticated signal processing. Pictet Asset Management’s strategy combines these AI insights with traditional factor exposures across its broad ex-US developed-market universe. This methodology, rebalancing periodically rather than daily, initiated a consecutive allocation increase to ASSAB, moving the position from 0.6200% to 0.7200% between July 16 and July 19, as the AI identified a sustained positive trend within the industrials sector.
weight 0.620% → 0.720% (+0.100 pp)
Jul 19·now $37.46
price n/a
PQNT · Weight increase · 2d
The Pictet Asset Management's PQNT ETF exhibited a pattern of generally increasing allocation to ASSA ABLOY, notably stepping up its weight from 0.5600% to 0.6800% over the period, with two significant increments of 0.06% and 0.05% among minor adjustments. This progressive accumulation, rather than a single large rebalance, is characteristic of PQNT’s AI-driven strategy, which integrates diverse factor exposures like fundamentals and momentum across its holdings. The AI signals likely identified a sustained strengthening in multiple positive factors for the Swedish industrials company, ASSAB, justifying the gradual increase in its weighting within the broad ex-US developed-market portfolio. This incremental approach allows the newer fund, launched in 2025, to dynamically adjust positions based on continuously updated AI-derived insights.
weight 0.620% → 0.680% (+0.060 pp)
Jul 18·now $37.46
price n/a
PQNT · Weight increase · 2d
ASSAB had seen its share price advance over the preceding trading days, recovering from a recent dip and moving towards its previous highs. This upward trajectory, combined with potentially strengthening fundamental data for the Swedish industrial company, likely triggered the AI signals within Pictet Asset Management's PQNT. PQNT’s methodology integrates factors such as momentum, valuation, and sentiment across its ex-US developed market holdings, informing its periodic rebalancing. The ETF's AI model likely identified renewed positive indicators for ASSAB, prompting the shift from 0.56% to 0.62% on July 10, followed by a confirmatory increase to 0.63% on July 12, aligning with the fund’s evolving AI-driven insights.
weight 0.560% → 0.630% (+0.070 pp)
Jul 12·now $37.46
price n/a
PQNT · Weight decrease · 2d
The PQNT ETF initiated a series of small, consecutive downward adjustments to its allocation in ASSAB, reducing the weight by 0.01% on June 24th and an additional 0.01% on June 25th, following a period where the Industrials sector stock’s weighting remained stable at 0.52%. This measured, two-step reduction aligns with Pictet Asset Management’s strategy for PQNT, where AI signals continuously assess factor exposures—such as fundamentals, momentum, valuation, or sentiment—across its international developed-market portfolio. The subtle, successive decreases suggest a mild but persistent shift in the AI's aggregate assessment of ASSAB, perhaps signaling a gradual deterioration in its favorable factor profile or a cautious rebalancing by the new fund (launched 2025) in response to evolving market inputs. Rather than an abrupt divestment, these incremental adjustments reflect the fund’s periodic rebalancing approach, where updated AI-driven insights for Swedish-based ASSA ABLOY, within the ex-US developed universe, prompted a precise trimming of exposure over consecutive rebalance opportunities.
weight 0.520% → 0.500% (-0.020 pp)
Jun 25·now $37.46
price n/a
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.