Schedule 13G/A: Fuller & Thaler holds 2.18M SAIC shares (4.66%)
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.