PQNT · Exit · 1d
Pictet Asset Management's PQNT, a newer fund launched in 2025, briefly included ILS (CASHILS) at a minor 0.0100% weight, suggesting its AI signals initially identified a very short-term tactical play in the cash sector company. As a fund combining AI signals with factor exposures across its ~300 international developed-market stocks, the swift removal by May 30, 2026, within its periodic rebalancing cycle, indicates a rapid recalibration by the AI algorithm. This quick divestment likely reflected a shift in the AI's assessment of fundamentals, momentum, valuation, or sentiment, especially considering ILS's -1.0% return over the past year, despite its current price of $19.86 being near its 52-week high.
weight 0.010% → 0 (exited)·stock down 0.0% in the 30 days before
May 30·entry $19.92·now $19.78