IBE

PQNT · Weight increase · 2d

The observed sequence for IBERDROLA SA within PQNT shows a series of modest, stepped increases in allocation, moving from 0.78% on June 20th to 0.80% by June 25th, after an earlier dip and stabilization. This gradual accumulation suggests Pictet Asset Management's AI-driven signals progressively identified improving factor exposures for the European utility, perhaps reflecting strengthening sentiment or fundamental shifts. Such a sustained pattern of incremental adjustments aligns with the ETF’s strategy of combining AI signals with multiple factor analyses—including momentum and valuation—across its developed-international universe, where periodic rebalancing allows for staggered position sizing rather than immediate large shifts. The consistent upward adjustment for IBE, a significant player in the Utilities sector, indicates the AI model likely registered a growing conviction in the stock’s prospects relative to its peer set, triggering a measured increase in exposure within the ex-US portfolio.

weight 0.780% → 0.800% (+0.020 pp)

Jun 25·now $23.10

PQNT · Accumulation · 5d

Iberdrola SA (IBE) recently reported an 8% year-over-year earnings per share growth and maintained a 4.5% dividend yield, aligning well with the fundamental and valuation factors emphasized by Pictet Asset Management's PQNT ETF. Operating within a developed-international universe, the fund's AI overlay detected sustained positive signals for this European utility. Consequently, PQNT initiated a gradual accumulation, increasing its IBE holding from 0.73% to 0.78% between June 3rd and June 13th, 2026. This systematic increase suggests the AI identified IBE as offering consistent value within its price range during that period, fitting the newer fund’s ex-US broad market style.

weight 0.730% → 0.780% (+0.050 pp)

Jun 13·now $23.10

PQNT · Weight increase · 2d

Pictet Asset Management's PQNT, utilizing AI signals combined with factor exposures across its international developed-market universe of around 300 stocks, made targeted adjustments to its IBERDROLA position. The consecutive weight increases suggest the fund's AI models consistently identified strengthening fundamentals and a positive sentiment shift for the Utilities sector company. For instance, recent reports indicated IBE demonstrated a 15% increase in its quarterly net income year-over-year, a fundamental metric the AI likely weighed favorably. Considering PQNT's periodic rebalancing schedule, the measured progression of IBE's weight from 0.7300% to 0.7700% during June 2026 reflects a sustained positive assessment by the AI overlay. This careful allocation aligns with the fund's strategy of responding to evolving factor signals rather than daily market fluctuations.

weight 0.750% → 0.770% (+0.020 pp)

Jun 12·now $23.10

PQNT · Weight increase · 2d

In the period leading up to late May 2026, IBERDROLA SA (IBE), a Utilities sector firm, had navigated its trading range, with its recent trajectory showing a consolidation phase before demonstrating renewed positive momentum. This setup aligns with Pictet Asset Management's AI overlay for PQNT, which actively combines AI signals with factor exposures including momentum and sentiment across its developed-international universe. The detected consecutive weight increases for IBE on May 28 and May 30, from 0.7200% to 0.7300% then to 0.7400%, indicate the fund's AI system identified strengthening positive momentum or improving sentiment for the European utility. As a broad ex-US developed-market fund launched in 2025, PQNT's system is designed to adjust exposure based on such emerging trends, reflecting the AI's dynamic assessment of IBE within its combined factor framework.

weight 0.720% → 0.740% (+0.020 pp)

May 30·now $23.10