PQNT · Exit · 1d
The PQNT fund, managed by Pictet Asset Management with an AI overlay and factor exposure analysis, initiated a reduction in its Computershare Ltd (CPU) position during early May 2026. CPU, a Financials sector firm within the ETF's ex-US developed market universe, saw its weight decrease from 0.0600% to 0.0300% between May 7th and May 14th. This multi-day trimming, culminating in a full removal on May 16th, suggests the AI signals, combined with underlying factor analyses (fundamentals, momentum, valuation, sentiment), indicated the stock no longer met the ETF's criteria for its ~300 international holdings during a periodic rebalance cycle. The specific, incremental exit from this relatively small holding demonstrates the systematic, non-daily rebalancing approach of this newer fund.
weight 0.030% → 0 (exited)
May 16·now $22.17