CNC

AMOM · Weight decrease · 3d

Qraft Technologies’ AMOM ETF, which actively selects roughly 50 US large-cap stocks expected to extend their market runs using a multi-signal momentum composite, has initiated consecutive decreases in its Centene holding. The fund’s weekly rebalance and concentrated style mean these adjustments reflect a distinct shift in conviction. Specifically, while CNC has seen a +101.0% one-year return, the negative ROE of -28.72% likely contributes to the algorithm's decision that the stock's "run" may not extend further, prompting a reduction. This move aligns with AMOM's method of identifying evolving momentum signals rather than simply holding top performers.

weight 1.720% → 1.670% (-0.050 pp)·stock up 0.8% in the 30 days before

Jul 16·entry $63.89·now $65.84

AMOM · Weight decrease · 2d

Qraft Technologies' AMOM ETF, designed to identify US large caps expected to extend their runs rather than just holding top performers, has incrementally reduced its allocation to Centene Corp (CNC). This consecutive weight decrease from 1.72% to 1.69% over two days, in a concentrated 50-stock portfolio with weekly rebalancing, signifies a shift in the fund’s conviction. Despite CNC's 97.2% 1-year price return, which positions it at 97% of its 52-week high, the multi-signal momentum composite likely flagged concerns, possibly related to its -28.72% Return on Equity. The fund's method, incorporating fundamental momentum alongside price trends and alternative data, suggests its models are detecting a reduced probability of Centene extending its current run, prompting the nuanced reduction in position.

weight 1.720% → 1.690% (-0.030 pp)·stock up 2.2% in the 30 days before

Jul 15·entry $66.61·now $65.84

AMOM · Weight decrease · 2d

AMOM's multi-signal momentum composite, designed to pick names expected to extend their runs, began trimming its position in CENTENE CORP as signals indicated a potential slowdown in its upward trajectory. The ETF’s weekly rebalancing and focused ~50-stock portfolio mean such a consecutive weight decrease, moving from 1.70% to 1.67% over three days, signifies a shift in conviction. While CNC recorded a 90-day return of +53.7%, the fund’s internal models might be interpreting the stock trading at 99% of its 52-week high as a factor limiting future momentum extension. This active adjustment also suggests the multi-signal composite could be factoring in the firm's -28.72% ROE as a potential long-term drag, despite recent price strength.

weight 1.700% → 1.670% (-0.030 pp)·stock up 1.7% in the 30 days before

Jul 10·entry $67.35·now $65.84

PQUS · Weight decrease · 2d

Pictet Asset Management's PQUS ETF, employing an AI ranking system over its US large-cap universe, shows a recent consecutive weight decrease for CENTENE CORP. Despite CNC's +82.5% return over 90 days, this adjustment aligns with the fund's measured turnover and periodic rebalancing strategy across its ~165 holdings. The AI's decision likely prioritizes fundamental signals like CNC's -28.72% return on equity, potentially flagging it for reduced allocation even at its current $66.44 price. This targeted reduction suggests the AI's algorithm detected deteriorating intrinsic value signals relative to other potential large-cap constituents.

weight 0.500% → 0.470% (-0.030 pp)·stock up 8.2% in the 30 days before

Jul 18·entry $65.84·now $65.84

PQUS · Weight decrease · 2d

CNC has recently climbed to its 52-week high of $68.35, driven by significant recent returns, including a 15.6% gain over 30 days and a 57.7% increase over 90 days. This price trajectory, positioning the stock at its highest level within the past year, likely prompted a re-evaluation by PQUS's AI ranking system, which applies sector-balance and concentration rules to its US large-cap universe. Despite a 17.02% revenue growth, Centene's financial summary includes a PER of 35.16 and a negative return on equity of -28.72%. The subsequent consecutive weight decrease from 0.51% to 0.49% on July 1st and 2nd, following a period of stability, indicates the AI's algorithm adjusted exposure to the stock, potentially based on a revised risk-reward assessment at this elevated price point, aligning with the fund's measured turnover style.

weight 0.520% → 0.490% (-0.030 pp)·stock up 13.1% in the 30 days before

Jul 2·entry $67.86·now $65.84

PQUS · Weight decrease · 2d

CNC, trading at $60.64 and currently at 92% of its 52-week high after a 90-day return of +59.4%, presented a specific valuation picture for PQUS. Pictet Asset Management's AI ranking system, designed for a US large-cap universe with measured turnover, likely evaluated this rapid price appreciation against the company's fundamentals. Despite 17.02% revenue growth, the stock's PER of 35.16 and a negative ROE of -28.72% suggest potential overextension, prompting a consecutive weight decrease from 0.37% to 0.34% between June 16th and June 18th. This systematic reduction aligns with the fund's periodic rebalancing and its layered sector-balance and concentration rules, reflecting the AI's re-evaluation of CNC's suitability within the diversified portfolio.

weight 0.370% → 0.340% (-0.030 pp)·stock up 3.2% in the 30 days before

Jun 18·entry $61.02·now $65.84

LQAI · Exit · 1d

The LG-Qraft collaboration's AI engine, which governs LQAI's weekly rebalance for its approximately 100 US large-cap holdings, removed CENTENE CORP from the portfolio on June 9, 2026. This decision for a core large-cap fund, driven by the Qraft AI ranking without heavy factor tilt, suggests the model weighed the stock's significant price appreciation against its underlying financial metrics. Despite a 30-day return of +33.6% and the stock trading at 100% of its 52-week high, the AI likely deemed the company's persistent negative ROE of -28.72% a critical factor warranting its exit. The Qraft engine's design prioritizes a balanced assessment, allowing it to act on such divergences between market sentiment and fundamental profitability through its regular rebalancing.

weight 0.120% → 0 (exited)·stock up 18.3% in the 30 days before

Jun 9·entry $66.21·now $65.84

AIEQ · Exit · 1d

Centene Corp (CNC) presented a Return on Equity of -28.72%, indicating a deficit in shareholder returns, even as it reported 17.02% revenue growth and traded at a price-to-earnings ratio of 35.16. AIEQ's IBM Watson NLP-driven system, which considers both fundamentals and sentiment for its daily rebalancing, would interpret such a negative ROE as a material fundamental weakness. The fund proceeded with a full removal of CNC on 2026-07-01, occurring as the stock reached $68.35, precisely its 52-week high and following a 90-day return of +57.7%. This immediate exit, dropping the weight from 0.2900% to 0.0000%, aligns with AIEQ's high-turnover broad market style, de-risking from a position where a fundamental concern coincided with peak price levels.

weight 0.290% → 0 (exited)·stock up 10.2% in the 30 days before

Jul 1·entry $68.35·now $65.84

AIEQ · Weight decrease · 2d

CNC's financial profile, characterized by a PER of 35.16 and a negative ROE of -28.72%, likely influenced AIEQ's fundamental assessment. Despite a 17.02% revenue growth, the substantial negative return on equity suggests a significant underlying profitability concern, a data point IBM Watson's NLP system would capture from filings and analyst notes for the fund's daily ranking. This consecutive weight decrease from AIEQ began as CNC’s price approached $60.64, placing it at approximately 92% of its 52-week high, following substantial +9.6% over 30 days and +59.4% over 90 days. The convergence of poor fundamental profitability with recent rapid price appreciation, reaching near the top of its 52-week range, likely shifted the daily sentiment and risk overlay within EquBot's system, leading to its systematic reduction in exposure to a stock exhibiting this specific blend of signals.

weight 0.290% → 0.270% (-0.020 pp)·stock up 4.1% in the 30 days before

Jun 17·entry $60.64·now $65.84