PQNT · Exit · 1d
Pictet Asset Management's PQNT, an AI-managed ETF focused on developed-international markets ex-US, divested from COL due to signals derived from its combined AI and factor-based methodology. As an ETF with approximately 300 holdings rebalancing periodically, the observed reduction from 0.07% to 0.04% before full removal on May 30th, 2026, aligns with a systematic response to evolving market dynamics for this Australian consumer staples company. The AI's assessment, likely incorporating deteriorating momentum and sentiment factors, could have been triggered by COL's 8% share price decline over the final week of May. This systematic exit reflects the fund's strategy to actively manage its broad ex-US portfolio based on these quantitative signals.
weight 0.040% → 0 (exited)
May 30·now $15.62