STX

AMOM · Weight decrease · 2d

Seagate Technology's 28.92% revenue growth and 172.59% ROE likely initially aligned with Qraft's AMOM multi-signal criteria for fundamental momentum, securing its position in the concentrated sleeve. However, the company's PER of 74.27 and PBR of 136.18 suggested a demanding valuation relative to its peers. As STX's 30-day return declined by 14.9%, the AI-managed fund detected a deterioration in price trends, signaling that the prior +105.0% 90-day run was no longer extending. This prompted the consecutive weight decrease on July 15th and 16th from 3.13% to 2.81%, reflecting a reduced conviction within the AMOM's concentrated momentum sleeve at the $787.66 price point, which is 72% of its 52-week high.

weight 3.130% → 2.810% (-0.320 pp)·stock down 26.8% in the 30 days before

Jul 16·entry $745.49·now $802.45

AMOM · Weight decrease · 3d

Qraft Technologies' AMOM fund, designed to pick names expected to extend their runs through a multi-signal momentum composite, has reduced its exposure to Seagate Technology. This consistent trimming over multiple weekly rebalances signals a decay in the conviction for STX's continued upward trajectory, a critical factor for a concentrated momentum sleeve with about 50 holdings. Despite its significant 90-day return of +107.1%, the AI manager's signals likely indicate that STX's prior momentum may be decelerating, reducing its appeal for further extension. The fund is making a precise adjustment to its portfolio composition in response to the stock's evolving momentum profile.

weight 3.510% → 2.990% (-0.520 pp)·stock down 11.5% in the 30 days before

Jul 2·entry $820.16·now $802.45

AMOM · Weight decrease · 2d

STX’s financial profile, featuring a PER of 77.34, PBR of 136.18, 28.92% revenue growth, and 172.59% ROE, initially aligned with AMOM’s multi-signal methodology seeking fundamental momentum and names expected to extend their runs. However, the AI-managed ETF, focused on a concentrated momentum sleeve where position changes carry conviction, initiated a consecutive weight decrease for STX from 3.87% on June 22 to 3.37% by June 26, continuing to 3.41% by July 1. This adjustment suggests the AI detected a shift in STX's momentum signals after the stock reached $820.16, which is 75% of its 52-week high of $1094.04. The systematic rebalancing reflects AMOM’s decreased conviction in STX's ability to sustain its prior upward trajectory, despite its +107.1% 90-day return, at this lower price level relative to its peak.

weight 3.510% → 3.410% (-0.100 pp)·stock down 0.7% in the 30 days before

Jul 1·entry $915.19·now $802.45

AMOM · Weight decrease · 6d

The observed consecutive weight decrease in Seagate Technology within the AMOM ETF displays a deliberate, step-wise reduction, with position size falling from 3.88% to 3.37% over several trading days. This pattern aligns with Qraft Technologies' method of picking names expected to extend their runs, suggesting its multi-signal momentum composite is detecting a tempering of future upside potential for STX, particularly after its considerable 607.1% one-year return and a current price of $899.90, which sits at 82% of its 52-week high. Despite Seagate’s revenue growth of 28.92% and a ROE of 172.59%, the AI-managed fund, operating with a concentrated momentum sleeve, is likely reallocating conviction from a stock with very elevated PER and PBR ratios that has already delivered significant price appreciation.

weight 3.950% → 3.370% (-0.580 pp)·stock up 3.4% in the 30 days before

Jun 26·entry $899.90·now $802.45

AMOM · Weight decrease · 5d

Qraft Technologies' AMOM, designed to pick names expected to extend their runs using a multi-signal momentum composite, has reduced its STX weighting consecutively. This action signals that, despite the stock's significant 1-year return of +607.1%, the AI's models no longer see the momentum extending with sufficient conviction. Operating a concentrated ~50 US large-cap portfolio and rebalancing weekly, the system likely responded to the current price of $899.90, which sits at 82% of its 52-week high, indicating a deceleration or peak in its previous upward trend. For this fund, which acts on granular shifts, a PER of 93.66 combined with the recent price action suggests the risk-reward for further run extension has diminished, prompting the scaling back.

weight 3.950% → 3.690% (-0.260 pp)·stock up 21.2% in the 30 days before

Jun 25·entry $1025.36·now $802.45

AMOM · Weight decrease · 4d

STX shares are trading at $993.25, just 91% of their 52-week high, following a substantial 1-year return of +685.2% and a 90-day return of +133.2%. Despite these considerable gains, the consecutive weight decrease detected in AMOM, starting from 3.88% on June 18th and reaching 3.70% by June 24th, suggests Qraft’s multi-signal momentum composite no longer anticipates the stock will extend its current run. The fund's methodology, which focuses on names expected to continue their positive trajectory rather than just holding current leaders, appears to be responding to STX's highly elevated PER of 93.66 and PBR of 136.18. Such adjustments by the concentrated momentum sleeve indicate that while the 28.92% revenue growth and 172.59% ROE are notable, the AI manager's signals suggest the peak for this cycle of momentum may be approaching after the stock’s significant ascent.

weight 3.950% → 3.700% (-0.250 pp)·stock up 22.2% in the 30 days before

Jun 24·entry $993.25·now $802.45

AMOM · Weight decrease · 3d

stock up 28.1% in the 30 days before

Jun 23·entry $1038.59·now $802.45

PQUS · Weight decrease · 2d

PQUS's AI ranking system likely triggered a re-evaluation of Seagate Technology within its ~165 US large-cap holdings, influencing the recent portfolio adjustment. Despite a 1-year return of +526.3%, the system's valuation parameters may have flagged STX's current PER of 77.34 or PBR of 136.18 as diverging from its preferred risk-adjusted profiles. The fund, which utilizes sector-balance and concentration rules, initiated a consecutive decrease in STX’s weighting on July 2nd and 3rd, reflecting a measured turnover adjustment rather than a daily reaction. This calibrated reduction aligns with Pictet Asset Management's strategy for the newer fund, maintaining its intended style of US large-cap exposure without chasing extended price levels.

weight 0.580% → 0.470% (-0.110 pp)·stock down 11.5% in the 30 days before

Jul 3·entry $868.26·now $802.45

PQUS · Weight decrease · 2d

STX's PER of 93.66 and PBR of 136.18, alongside revenue growth of 28.92% and ROE of 172.59%, illustrate a highly valued company with significant underlying financial strength for inclusion in a US large-cap portfolio. Pictet Asset Management's AI ranking system for PQUS, which operates with measured turnover, likely weighed these high valuation multiples more heavily in its latest periodic rebalancing. The consecutive weight decreases on June 25th and 26th coincided with STX's current price of $1025.36, placing it at 94% of its 52-week high and reflecting a +713.3% 1-year return. This indicates that the AI's re-evaluation, even while adhering to sector-balance and concentration rules across its ~165 holdings, determined a reduction in exposure for STX as it approached what the system likely identified as a top-end valuation for its US large-cap universe.

weight 0.600% → 0.550% (-0.050 pp)·stock up 3.4% in the 30 days before

Jun 26·entry $899.90·now $802.45

QRFT · Weight decrease · 2d

STX's current price of $820.16, sitting at 75% of its 52-week high after a 1-year return of +526.3% and a 90-day return of +107.1%, suggests the Qraft AI, which incorporates traditional factors like value and momentum alongside proprietary alternative data, may be recalibrating its view. Despite revenue growth of 28.92% and a return on equity of 172.59%, the stock's PER of 77.34 and PBR of 136.18 place it at significantly high valuation multiples. This elevated valuation, especially when considered through the lens of traditional factors like value that QRFT’s AI integrates into its broad large-cap core strategy, likely contributed to the consecutive weight decrease detected from 0.45% to 0.40% on July 1st and 2nd. With QRFT's weekly rebalancing schedule, the system appears to have reacted to the technology company's rapid price appreciation and stretched valuation by adjusting its allocation.

weight 0.470% → 0.400% (-0.070 pp)·stock down 11.5% in the 30 days before

Jul 2·entry $820.16·now $802.45

QRFT · Weight decrease · 2d

stock up 22.2% in the 30 days before

Jun 24·entry $993.25·now $802.45

AIEQ · Weight decrease · 2d

The gradual, consecutive weight decrease in STX by AIEQ, moving from 0.2500% down to 0.2100% over several trading days, illustrates a tactical de-risking approach rather than a sudden divestment. This measured adjustment occurs as STX trades at $787.66, having recently experienced a -14.9% 30-day return after achieving a 90-day return of +105.0% and a one-year return of +430.8%. With STX's P/E at 74.27 and P/B at 136.18, even with a revenue growth of 28.92%, it suggests that IBM Watson’s daily NLP engine, which drives AIEQ's investment decisions, has identified a shift in the balance of sentiment and fundamental signals. This specific fund’s high-turnover, daily rebalancing mechanism, incorporating both fundamental and sentiment data, allows it to finely tune exposure to companies like STX that have seen substantial price appreciation but may be signaling a plateau or increased risk at current valuation levels.

weight 0.240% → 0.210% (-0.030 pp)·stock down 23.6% in the 30 days before

Jul 17·entry $787.66·now $802.45

AIEQ · Weight decrease · 2d

STX, currently trading at $820.16 and sitting at 75% of its $1094.04 52-week high, experienced a substantial run-up over the past year, generating a 30-day return of +9.2% and a one-year return of +526.3%. This rapid price ascent, coupled with its high PER of 77.34 and PBR of 136.18 despite revenue growth of 28.92% and an ROE of 172.59%, presented a complex analytical challenge for AIEQ's IBM Watson NLP engine. The AI-managed fund, known for its daily rebalancing and high turnover in response to shifts in sentiment and fundamental narratives, likely triggered a reduction as its models processed evolving market inputs. The consecutive weight decreases, culminating in the sharp drop from 0.76% to 0.27% on 2026-07-01, specifically reflect a deterioration in STX's daily ranking within EquBot's system, signaling the AI's risk overlay deemed the stock less attractive at that price level for continued high exposure.

weight 0.760% → 0.230% (-0.530 pp)·stock down 11.5% in the 30 days before

Jul 3·entry $868.26·now $802.45

AIEQ · Sudden change · 1d

The weight of STX in AIEQ shows an initial moderate trimming, decreasing from 0.83% to 0.71% over several days, before a sharp, single-day reduction to 0.27% on July 1st. This stepped and then acute divestment pattern at a current price of $915.19, following a 597.0% one-year return and 124.6% ninety-day return for the stock, aligns with AIEQ’s dynamic, sentiment-driven approach. Given the fund’s reliance on IBM Watson NLP for daily rankings across news, social posts, and corporate filings, a significant shift in the underlying sentiment or a re-evaluation of fundamentals likely triggered the rapid rebalancing. Despite STX’s 28.92% revenue growth and 172.59% ROE, its PER of 77.34 and PBR of 136.18 suggest an elevated valuation. The AI's risk overlay, operating within a portfolio designed for high turnover and daily adjustments, appears to have reacted to the stock's significant appreciation by reducing exposure.

weight 0.760% → 0.270% (-0.490 pp)·stock down 0.7% in the 30 days before

Jul 1·entry $915.19·now $802.45

AIEQ · Weight decrease · 2d

The pattern for STX in AIEQ reveals a series of gradual weight decreases, moving from 0.83% to 0.79% between June 21 and June 25, following an earlier period of increasing allocation. This measured reduction aligns with AIEQ's daily rebalancing mechanism, where IBM Watson's NLP engine continuously assesses sentiment and fundamental shifts from news and social posts. With STX experiencing a 713.3% one-year return, nearing its 52-week high, Watson's analysis may have detected a deceleration in positive news momentum or an increased sensitivity to its valuation. EquBot's risk overlay would then systematically trim exposure to the stock, given its PER of 93.66 and PBR of 136.18, even with a 28.92% revenue growth and 172.59% ROE, reflecting a calculated adjustment to its position within the broad market strategy.

weight 0.830% → 0.790% (-0.040 pp)·stock up 21.2% in the 30 days before

Jun 25·entry $1025.36·now $802.45