Investment adviser Fuller & Thaler discloses 1.36M shares in Greif
Rhea-AI Filing Summary
Fuller & Thaler Asset Management, Inc. reports beneficial ownership of 1,363,166.38 shares of Greif, Inc. common stock, representing 5.22% of the class. Fuller & Thaler discloses sole dispositive power over all reported shares and sole voting power over 1,343,452.38 shares, and states the holdings arise from its role as investment adviser to client accounts rather than from an intent to change or influence control of Greif.
The filing identifies Fuller & Thaler as a California investment adviser and provides its San Mateo address. No group affiliations, subsidiaries, or contrary arrangements are reported.
Positive
- Disclosure of a >5% position provides market transparency for Greif shareholders
- Clear voting and dispositive power breakdowns are provided (1,343,452.38 sole voting; 1,363,166.38 sole dispositive)
- Filer identified as an investment adviser and states holdings are in the ordinary course, indicating passive intent
Negative
- None.
Insights
TL;DR: A registered investment adviser reports a >5% passive stake in Greif, disclosed as held in the ordinary course of business.
The position of 1,363,166.38 shares equals 5.22% of outstanding common stock, which meets the SEC threshold for Schedule 13G reporting. The filer asserts sole dispositive and near-sole voting authority, indicating centralized decision-making at the adviser level for these accounts. The filing explicitly states the holdings are not intended to influence control of the issuer, which typically signals a passive, investment-management motive rather than activist intent. For investors, the disclosure confirms a meaningful institutional stake without an expressed governance agenda.
TL;DR: Disclosure is complete for Schedule 13G purposes and asserts ordinary-course, non-control intent.
The report includes required ownership breakdowns: sole voting power of 1,343,452.38 shares and sole dispositive power of 1,363,166.38 shares. It identifies Fuller & Thaler as an investment adviser and clarifies that clients retain rights to dividends and sale proceeds. No group or subsidiary relationships are claimed and the certification affirms ordinary-course holdings. From a compliance standpoint, the form appears properly completed and signed by the Chief Compliance Officer, meeting statutory disclosure obligations.