PQNT · Exit · 1d
BMW shares, trading at a price near the lower quartile of their 52-week range and exhibiting limited upward momentum in late June 2026, would have been flagged by the AI-driven system of Pictet Asset Management’s PQNT fund. This price trajectory, combined with potentially shifting sentiment or less favorable valuation signals detected by the fund's proprietary AI overlay, likely prompted an initial reduction from 0.0900% to 0.0600% in the portfolio weight between June 25th and June 26th. As a broad ex-US developed-market fund that rebalances periodically, PQNT’s system subsequently completed the removal of the European consumer discretionary stock on July 3rd, 2026, as the combined AI and factor exposure analysis indicated a further decline in its attractiveness relative to the approximately 300 international developed-market holdings.
weight 0.060% → 0 (exited)
Jul 3·now $95.30