PQNT · Exit · 1d
The weight of RYA in PQNT maintained 0.1100% for over a week before its complete removal to 0.0000% on May 30, 2026. This sudden, full divestment, rather than a gradual reduction, aligns precisely with Pictet Asset Management’s stated approach for PQNT, emphasizing periodic rebalances instead of daily adjustments for its newer fund. During this rebalancing event, the AI signals, integrated with the fund’s analysis of fundamentals, momentum, valuation, and sentiment across its developed-international universe, must have identified RYA, a European Industrials sector stock, as no longer meeting the specific investment criteria. Consequently, RYA's factor exposures likely deteriorated sufficiently for the AI overlay to trigger its full exclusion from the approximately 300 international developed-market stocks in PQNT's portfolio.
weight 0.110% → 0 (exited)
May 30·now $27.45