Fuller & Thaler Asset Management Files 13G/A for HBI; 7.97M Shares
Rhea-AI Filing Summary
Fuller & Thaler Asset Management, Inc. reports beneficial ownership of 7,968,317.45 shares of Hanesbrands Inc. common stock, representing 2.25% of the outstanding class. The filer reports sole voting power over 7,847,712.45 shares and sole dispositive power over 7,968,317.45 shares. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The report is signed by the firm’s Chief Compliance Officer and reflects the position as of the August 31, 2025 event date.
Positive
- Clear disclosure of beneficial ownership with precise share counts and percentage (7,968,317.45 shares; 2.25%).
- Certification of passive intent stating holdings were acquired and are held in the ordinary course of business.
Negative
- Stake below 5%, meaning the position is not material under common investor-impact thresholds.
Insights
TL;DR Fuller & Thaler discloses a 2.25% stake with sole voting and dispositive power, a routine institutional disclosure with limited market impact.
The filing is a standard Schedule 13G/A indicating passive ownership held in the ordinary course of business. The reported position—under 5% of the class—means the filer does not cross the typical material ownership threshold that often triggers heightened market scrutiny or change-of-control concerns. The substantial alignment between voting power and dispositive power suggests consolidated control of the reported shares by the adviser. For investors, this provides transparency about a named institutional holder without signaling activist intent.
TL;DR Filing meets disclosure obligations; certifies passive intent and provides precise share counts and powers.
The amendment clearly states acquisition in the ordinary course and disclaims intent to influence control, which is important from a regulatory and fiduciary perspective. Exact figures for sole voting and dispositive power reduce ambiguity about the adviser’s authority over the shares. Because the position is 2.25% of the class, the risk of regulatory escalation or mandatory takeover reporting is low. The filing date and officer signature satisfy procedural certification requirements.