KEYS

AMOM · Weight decrease · 2d

The fund's consecutive weight decrease in Keysight Technologies, moving from 2.05% to 1.93% over a few days, indicates a deliberate, albeit not abrupt, reduction of exposure within its concentrated momentum sleeve, likely reflecting conviction from the weekly rebalancing mechanism. This pattern of divestment corresponds with Keysight's recent 30-day return of -9.1%, despite its substantial 90-day and one-year gains, suggesting AMOM's multi-signal composite determined the stock was no longer positioned to extend its run at its current price of $328.66. With the stock trading at 88% of its 52-week high and carrying a PER of 57.17, the AI manager likely interpreted the recent short-term price decline as a signal that the immediate momentum-driven uptrend was decelerating, despite its underlying revenue growth of 19.19%. This shift aligns with the ETF’s method of favoring names expected to prolong their runs, rather than simply holding past performers.

weight 2.050% → 1.930% (-0.120 pp)·stock down 5.5% in the 30 days before

Jun 26·entry $328.66·now $314.13

AMOM · Sudden change · 1d

Qraft Technologies' AMOM fund, designed to identify US large caps expected to extend their price runs through a multi-signal momentum composite, significantly increased its allocation to KEYS. The weekly rebalancing mechanism allowed the fund to act decisively, raising Keysight's weight from 1.5000% to 2.0200% as the stock displayed sustained upward pressure. This reflects the AI's conviction that the security’s strong momentum, evidenced by a 90-day return of +62.8%, is poised to continue. Given AMOM’s concentrated momentum sleeve for its roughly 50 holdings, such a notable portfolio adjustment indicates a heightened belief in the company’s ongoing performance trajectory.

weight 1.500% → 2.020% (+0.520 pp)·stock down 1.7% in the 30 days before

Jun 2·entry $346.57·now $314.13

AMOM · Weight decrease · 4d

KEYS, priced at $330.00, is positioned at 90% of its 52-week high following a +102.7% annual return and a +53.0% gain over 90 days, though its 30-day return shows a -1.5% decline. This recent short-term price softness, occurring after a strong extended run and with a PER of 56.14, likely triggers caution within AMOM's multi-signal momentum composite. The Qraft-managed fund prioritizes names expected to extend their runs, rather than simply holding top performers, and this pattern suggests the AI’s model no longer identifies strong continuation signals for KEYS at this valuation. Consequently, the consecutive weight decreases from 1.61% to 1.50% from May 27 to June 1 signal a systematic reduction of conviction in Keysight Technologies.

weight 1.640% → 1.500% (-0.140 pp)·stock down 5.7% in the 30 days before

Jun 1·entry $330.00·now $314.13

AMOM · Weight decrease · 3d

KEYS' valuation ratios of a 54.15 PER and 5.35 PBR, coupled with 19.19% revenue growth and a 17.5% ROE, initially aligned with Qraft Technologies' multi-signal momentum composite seeking names expected to extend their runs. The company's prior momentum, evident in its +104.6% one-year and +56.1% 90-day returns, had propelled it to $338.33, nearing its $366.68 52-week high. Despite these historical gains, the 30-day return slowing to only +1.2% by late May, coupled with the stock trading at 92% of its 52-week high without establishing new highs, signaled a weakening of the very price trend momentum AMOM prioritizes. This shift in the momentum composite likely prompted the Qraft system to initiate a phased reduction in its KEYS allocation, observed as consecutive daily weight decreases from 1.69% on May 19th down to 1.55% by May 29th, reflecting the concentrated momentum sleeve's conviction in exiting a decelerating run.

weight 1.640% → 1.550% (-0.090 pp)·stock up 0.9% in the 30 days before

May 29·entry $338.33·now $314.13

AMOM · Weight decrease · 2d

The weight for KEYS within AMOM shows a gradual reduction from 1.64% on May 26 to 1.57% by May 28, occurring as the stock price sits at 92% of its 52-week high after a significant year-long gain. This measured decrease aligns with Qraft Technologies' multi-signal momentum strategy, which seeks stocks expected to extend their runs rather than simply holding top performers. While KEYS delivered a 1-year return of 104.6%, its recent 30-day return of 1.2% indicates a deceleration in short-term price trend, a crucial component of the ETF's composite signals. The stock's current PER of 55.05 also suggests a highly valued asset that may require sustained momentum to justify its concentrated position in the fund's ~50 US large-cap basket, even with its 19.19% revenue growth and 17.5% ROE. Given AMOM's weekly rebalancing and emphasis on conviction, this calibrated reduction suggests the AI manager is adjusting exposure as certain momentum factors moderate.

weight 1.640% → 1.570% (-0.070 pp)·stock up 2.1% in the 30 days before

May 28·entry $339.13·now $314.13

AMOM · Weight decrease · 2d

KEYS, with its PER of 59.99 and PBR of 5.35, along with a 13.13% revenue growth and 16.56% ROE, represents a high-valuation growth stock. For AMOM, managing a concentrated momentum sleeve, such a profile requires strong, ongoing conviction across its multi-signal composite to justify its place as a name expected to extend its run. The company's current price of $346.56, placing it at 95% of its 52-week high after a 90-day return of +65.5%, indicates a powerful upward movement. However, the consecutive weight decreases on May 20th and May 21st from 1.69% to 1.61% suggest that AMOM’s integrated signals, which assess price trends, earnings revisions, and fundamental momentum, detected a lessening probability for KEYS to significantly extend its prior performance given its current elevated valuation and proximity to its all-time high. This reduction reflects the AI manager's nuanced assessment that its strong prior momentum might be decelerating, prompting a rebalancing within the small basket.

weight 1.690% → 1.610% (-0.080 pp)·stock down 0.4% in the 30 days before

May 21·entry $337.55·now $314.13

AMOM · Weight decrease · 5d

Keysight Technologies, currently priced at $340.48, trades at 93% of its 52-week high after a significant +132.3% one-year return and a +13.3% return over the last 30 days. This trajectory presents a specific challenge for AMOM's strategy, which prioritizes names expected to extend their runs, rather than mechanically holding stocks that have already peaked. Consequently, the AI manager's multi-signal momentum composite appears to have detected a moderation in the signals that previously drove Keysight’s inclusion, prompting a measured weight decrease from 1.72% to 1.66% over several days. This adjustment suggests the fund's internal models, which account for factors like the stock's PER of 59.32 and PBR of 5.35 relative to its recent gains, are indicating a reduced probability of continued run extension at this advanced price level. The consecutive daily reductions underscore a calculated shift in conviction within the concentrated momentum sleeve, aligning with the fund's weekly rebalancing approach to optimize future returns.

weight 1.720% → 1.660% (-0.060 pp)·stock up 1.8% in the 30 days before

May 18·entry $340.48·now $314.13

AMOM · Weight decrease · 4d

KEYS, an Information Technology company, carries a PER of 62.22 and a PBR of 5.35, figures that AMOM's multi-signal momentum composite would evaluate closely as it seeks names expected to extend their runs rather than simply holding top performers. While the company reports a 13.13% revenue growth and 16.56% ROE, the fund's sequential weight reductions, observed from May 6th to May 15th, suggest that at its current $349.01 price—95% of its 52-week high after a 137.0% one-year return—the AI models perceive a reduced likelihood of continued run extension. This series of adjustments in the concentrated momentum sleeve indicates that Qraft's system, factoring in price trends, earnings revisions, fundamental momentum, and alternative-data signals, is reacting to a shift in its conviction for KEYS, despite its prior strong price performance, as it manages its ~50 US large-cap portfolio through weekly rebalances.

weight 1.720% → 1.670% (-0.050 pp)·stock up 5.8% in the 30 days before

May 15·entry $349.01·now $314.13

AMOM · Weight decrease · 3d

The pattern of consecutive, minor weight reductions in KEYS, from 1.72% on May 7th to 1.68% on May 14th, illustrates a nuanced adjustment rather than a sharp divestment. This gradual tapering occurs as Keysight Technologies trades at $349.01, representing 95% of its 52-week high, following a significant 137.0% return over the past year. Qraft Technologies' multi-signal momentum composite, which prioritizes names expected to extend their runs, appears to be recalibrating its conviction as the stock approaches peak price levels. Despite a 13.13% revenue growth and 16.56% ROE, a PER of 62.22 suggests a valuation already reflecting substantial growth, potentially signaling to the AI that the prior momentum might decelerate its future upward trajectory. Such a measured decrease aligns with the concentrated momentum sleeve's design, indicating a thoughtful reduction in exposure as signals suggest a potential shift from continued rapid acceleration.

weight 1.720% → 1.680% (-0.040 pp)·stock up 11.2% in the 30 days before

May 14·entry $361.55·now $314.13

AMOM · Weight decrease · 2d

The AI fund is likely trimming its position in Keysight Technologies due to the stock's high PER and PBR ratios, suggesting it perceives the current valuation as stretched, despite decent revenue growth. This consecutive reduction indicates the AI's model prioritizes risk management or seeks better-valued opportunities within its portfolio. Retail investors should interpret this as a signal that sophisticated algorithms are finding current valuations potentially unsustainable, prompting them to scrutinize their own high-multiple growth stock holdings and consider whether their personal risk-reward profile aligns with such expensive assets.

weight 1.720% → 1.700% (-0.020 pp)·stock up 9.3% in the 30 days before

May 13·entry $361.19·now $314.13

AMOM · Weight decrease · 2d

The AI-managed ETF is likely implementing a cautious de-risking strategy for KEYS due to its extremely high PER of 65.81 and PBR of 5.35, perceiving it as overvalued despite decent revenue growth and ROE. For a retail investor, this consecutive decrease serves as a reminder to always consider valuation metrics, as even small, consistent adjustments by AI funds can signal a subtle shift in risk assessment for high-multiple stocks.

weight 1.740% → 1.710% (-0.030 pp)·stock up 11.6% in the 30 days before

May 8·entry $360.30·now $314.13

PQUS · Sudden change · 1d

KEYS, an Information Technology sector holding in PQUS, presents a 19.19% revenue growth and 17.5% return on equity, metrics that align with the AI ranking system's criteria for selecting US large-cap stocks despite its 52.24 price-to-earnings ratio and 5.35 price-to-book ratio. This specific move by Pictet Asset Management's AI-managed ETF occurred after KEYS experienced a 7.3% decline in its 30-day return, bringing its current price of $322.17 to 86% of its 52-week high. The sudden shift on 2026-07-10 from 0.22% to 0.52% in PQUS’s portfolio suggests the AI’s ranking system re-evaluated KEYS as a more compelling opportunity following this recent price adjustment. Given PQUS's measured turnover style and its sector-balance and concentration rules, this increase indicates the AI identified the recent price action as a suitable entry point to enhance exposure to a fundamentally strong company within its allocated sector weight.

weight 0.220% → 0.520% (+0.300 pp)·stock down 2.8% in the 30 days before

Jul 10·entry $322.05·now $314.13