Institutional Filing: Fuller & Thaler Owns 17.8M Shares of HBI (5.04%)

Rhea-AI Filing Summary

Fuller & Thaler Asset Management, Inc. filed a Schedule 13G disclosing beneficial ownership of 17,832,513.65 shares of Hanesbrands Inc. common stock, representing 5.04% of the class. The filing shows sole voting power over 17,567,813.65 shares and sole dispositive power over 17,832,513.65 shares. The filer states these securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Hanesbrands. The filing identifies Fuller & Thaler as an investment adviser organized in California and provides the filer’s address and signature by the Chief Compliance Officer on 08/14/2025.

Positive

• Material disclosure of a >5% stake (17,832,513.65 shares; 5.04%), improving transparency of major ownership in HBI
• Sole voting and dispositive power specified for the large portion of the position, clarifying who controls votes and dispositions
• Certification of passive intent (held in the ordinary course of business, not to change or influence control) reducing immediate governance uncertainty

Negative

• None.

Insights

Financial Analyst

TL;DR: An institutional investor holds a >5% passive stake in HBI, a material ownership disclosure that may attract investor attention.

Fuller & Thaler’s reported 5.04% ownership is above the typical 5% reporting threshold, making this a material disclosure under Schedule 13G rules. The filing indicates sole voting and dispositive power for nearly all shares reported, which clarifies control over trading and voting of the position. The adviser also certifies the holding is in the ordinary course of business and not intended to influence control, consistent with a passive investment posture. For investors, the key takeaway is increased institutional ownership transparency rather than an active governance change.

Corporate Governance Expert

TL;DR: Ownership above 5% is material for governance signaling, but the filer disclaims intent to influence control.

The Schedule 13G shows Fuller & Thaler has sole voting power over 17,567,813.65 shares and sole dispositive power over 17,832,513.65 shares, which are meaningful figures for shareholder composition. The explicit certification that the position is not held to change or influence control limits immediate governance implications; however, any future change in intent or a switch to Schedule 13D would be a consequential development. Current disclosure enhances transparency about who can vote and sell a significant block of HBI stock.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Hanesbrands Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

410345102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 410345102

1

Names of Reporting Persons

Fuller & Thaler Asset Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 17,567,813.65
6	Shared Voting Power 0.00
7	Sole Dispositive Power 17,832,513.65
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

17,832,513.65

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.04 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Hanesbrands Inc.
(b)	Address of issuer's principal executive offices: 101 NORTH CHERRY STREET, Winston-Salem, NC 27101
Item 2.
(a)	Name of person filing: Fuller & Thaler Asset Management, Inc.
(b)	Address or principal business office or, if none, residence: 411 Borel Avenue, Suite 300, San Mateo, CA 94402
(c)	Citizenship: California corporation
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 410345102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 17,832,513.65
(b)	Percent of class: 5.04 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 17,567,813.65
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 17,832,513.65
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Fuller & Thaler Asset Management, Inc. is deemed to be the beneficial owner of the number of securities reflected in Items 5-9 and 11 of page two (2) of this Schedule 13G pursuant to separate arrangements whereby it acts as investment adviser to certain persons. Each person for whom Fuller & Thaler Asset Management, Inc. acts as investment adviser has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Fuller & Thaler Asset Management, Inc.

Signature:	Hanna Zanoni
Name/Title:	Hanna Zanoni,Chief Compliance Officer
Date:	08/14/2025

FAQ

What stake does Fuller & Thaler hold in Hanesbrands (HBI)?

Fuller & Thaler beneficially owns 17,832,513.65 shares, representing 5.04% of HBI common stock per the Schedule 13G.

Does Fuller & Thaler have voting control over its HBI shares?

Yes; the filing reports sole voting power for 17,567,813.65 shares and sole dispositive power for 17,832,513.65 shares.

Is the stake intended to influence control of Hanesbrands (HBI)?

No. The filer certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

When was the Schedule 13G signed?

The signature by Hanna Zanoni, Chief Compliance Officer, is dated 08/14/2025.

Who filed the Schedule 13G for HBI?

The filer is Fuller & Thaler Asset Management, Inc., an investment adviser organized in California with an address at 411 Borel Avenue, Suite 300, San Mateo, CA 94402.