NUE

QRFT · Weight decrease · 2d

Nucor (NUE) displays a PER of 23.57, PBR of 1.78, 12.27% revenue growth, and 11.16% ROE, figures that align with QRFT's broad large-cap core style which considers traditional factors like value and quality. Following a period of stability and a slight increase, the Qraft AI, which incorporates momentum and proprietary alternative-data overlays into its weekly rebalancing, initiated consecutive weight reductions for NUE on June 29th and 30th, moving its allocation from 0.1200% down to 0.1100%. This tactical adjustment occurred as Nucor, trading at $222.75, registered a negative 30-day return of -1.6%, contrasting with its substantial 90-day gain of +23.7% and 1-year return of +82.3%. The AI's decision suggests its models, factoring in recent price softness and the stock’s current position at 84% of its 52-week high, detected a short-term weakening trend or a rebalancing signal from its alternative data, prompting a trim despite the longer-term positive price trajectory.

weight 0.130% → 0.110% (-0.020 pp)·stock down 10.9% in the 30 days before

Jun 30·entry $222.75·now $230.74

AMOM · Exit · 1d

NUCOR CORP’s current price of $220.75, sitting at 83% of its 52-week high after a 77.6% return over the past year, recently saw a 2.2% decline in its 30-day return. This short-term negative shift likely triggered a review by Qraft Technologies’ AMOM ETF, which targets names expected to extend their price runs rather than simply holding past winners. The multi-signal momentum composite, incorporating price trends and fundamental momentum, likely detected a deceleration in the stock’s upward trajectory despite a 12.27% revenue growth and 11.16% ROE. This weakening signal is evident in the gradual reduction of NUE's weight from 1.89% to 1.72% over several days, culminating in its full removal on July 2nd, 2026. The fund's concentrated momentum sleeve dictates that such a decisive move signifies a clear belief that NUE’s momentum is unlikely to extend further from this price level.

weight 1.720% → 0 (exited)·stock down 14.6% in the 30 days before

Jul 2·entry $220.75·now $230.74

AMOM · Weight decrease · 2d

NUE's 12.27% revenue growth and 11.16% return on equity, paired with a PBR of 1.78, provided a foundational component for AMOM's multi-signal momentum strategy, which seeks names expected to extend their runs rather than simply holding top performers. Despite its 90-day return of +23.7% and 1-year return of +82.3%, NUE's recent 30-day return of -1.6% and its current price at 84% of its 52-week high indicate a recent deceleration in price momentum. Qraft's AMOM, rebalancing weekly with a concentrated style, likely detected this softening in price trends and other momentum signals around late June 2026, leading to a reduction in its Nucor position. Consequently, the consecutive weight decreases from 1.75% on June 29 to 1.67% on June 30 reflect the manager's conviction that NUE's run might not extend as strongly, aligning with the fund's design for impactful position changes.

weight 1.890% → 1.670% (-0.220 pp)·stock down 10.9% in the 30 days before

Jun 30·entry $222.75·now $230.74

AMOM · Weight decrease · 3d

AMOM initiated a pattern of largely decreasing weight in Nucor Corp (NUE), bringing its allocation down from 2.14% to 1.83% between June 10 and June 22, with only one brief increase on June 16 interrupting this series of reductions. This gradual de-emphasis within its concentrated momentum sleeve suggests the Qraft Technologies manager, which prioritizes names expected to extend their market runs, perceived a deceleration in NUE’s continued upward potential. NUE's current price of $244.93, positioned at 92% of its 52-week high after a significant 99.9% return over one year, likely signaled to the multi-signal momentum composite that the stock's run might be nearing maturity for further significant extension. For a materials sector stock like Nucor, such a measured reduction, despite its recent 12.27% revenue growth, aligns with the AI's method of dynamically weighing price trends, earnings revisions, and alternative data rather than mechanically maintaining exposure based purely on past price strength.

weight 2.040% → 1.830% (-0.210 pp)·stock up 8.5% in the 30 days before

Jun 22·entry $244.93·now $230.74

AMOM · Weight decrease · 2d

AMOM's methodology, designed to identify US large caps expected to extend their runs, has incrementally reduced its exposure to NUCOR CORP. This multi-signal momentum composite, managing a concentrated ~50-stock portfolio and rebalancing weekly, reacted to shifting indicators for the Materials sector company. The detected consecutive weight decrease, bringing NUE's allocation from 2.11% down to 1.87% in less than a week, suggests the fund's internal signals no longer anticipate a strong continuation of Nucor’s momentum. Despite the stock’s significant 1-year return of +100.6%, this adjustment reflects a reassessment of its future trajectory against other potential momentum opportunities within the concentrated basket.

weight 2.040% → 1.870% (-0.170 pp)·stock up 10.0% in the 30 days before

Jun 18·entry $243.83·now $230.74