Fuller & Thaler discloses 4.66% stake in SAIC (2.18M shares)
Fuller & Thaler Asset Management, Inc. reports beneficial ownership of 2,182,115.79 shares of Science Applications International Corp (SAIC), representing 4.66% of the common stock.
Rhea-AI Filing Summary
Fuller & Thaler Asset Management, Inc. reports beneficial ownership of 2,182,115.79 shares of Science Applications International Corp (SAIC), representing 4.66% of the common stock. The filer states sole voting power for 2,167,278.79 shares and sole dispositive power for 2,182,115.79 shares. The filing is made on Schedule 13G/A and certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- Clear ownership disclosure of 2,182,115.79 shares representing 4.66% of SAIC common stock.
- Sole voting and dispositive power specified for the majority of the reported position, improving transparency.
- Certification that the position is held in the ordinary course of business and not to influence control.
Negative
- None.
Insights
TL;DR Fuller & Thaler holds a 4.66% stake in SAIC with sole voting and dispositive power over nearly all reported shares.
The filing is a routine Schedule 13G/A disclosure showing an institutional investor with material but sub-5% ownership that does not purport to influence control. The specific share counts clarify that the adviser exercises near-complete voting and disposition authority for the position, which is relevant for tracking passive versus activist intentions. No changes to control are claimed.
TL;DR This is a non-activist disclosure: 4.66% ownership, certified as held in the ordinary course of business.
The certification language and use of Schedule 13G/A indicate the filer considers the position passive under the rules. For governance monitoring, the holding is large enough to warrant attention but remains below the 5% threshold that often triggers heightened market scrutiny or change-of-control inferences. The disclosure includes precise voting and dispositive powers, aiding transparency.
FAQ
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Is this filing indicating an activist intent to change SAIC's control?
What form was filed for this disclosure and for which issuer?
When was the filing signed and who signed it?
AI-generated analysis. How Rhea-AI works. Not financial advice.