PQNT · Exit · 1d
The weight in SIKA in PQNT initially saw a small, stepped accumulation from 0.0500% to 0.0600% over several days, maintaining this position before an abrupt reduction to 0.0000% on May 30th. This brief inclusion of the Swiss-based materials company likely reflected an initial positive assessment from Pictet Asset Management's AI signals or favorable factor exposures (fundamentals, momentum, valuation, sentiment) within its developed-international universe. The subsequent full removal, executed during a periodic rebalance for this newer 2025 fund, suggests a significant deterioration across those combined AI and factor criteria, where SIKA's performance or market valuation no longer aligned with PQNT's investment mandate, prompting a complete exit from its ~300-stock portfolio.
weight 0.060% → 0 (exited)
May 30·now $183.54