SCHEDULE: Fuller & Thaler Asset Management Boosts Stake in SAIC

Fuller & Thaler Asset Management, Inc. has reported a beneficial ownership of 6.99% in Science Applications International Corp. as of June 30, 2026.

Summary

• Fuller & Thaler Asset Management, Inc. has filed an amended Schedule 13G, reporting beneficial ownership of 2,955,898.58 shares of Science Applications International Corp. (SAIC) common stock.
• This holding represents 6.99% of the class of securities.
• The filing indicates that Fuller & Thaler Asset Management, Inc. acts as an investment adviser to certain persons, who have the right to receive or direct dividends and sale proceeds.
• The reporting person certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, indicating a significant but stable institutional holding without immediate aggressive action.

Positives

• Fuller & Thaler Asset Management, Inc. has a substantial beneficial ownership of 6.99% in SAIC, indicating significant institutional confidence.
• The filing confirms that the shares are held in the ordinary course of business, suggesting a long-term investment strategy rather than a hostile takeover attempt.

Negatives

• The filing does not provide specific details on the reasons for the acquisition or any strategic intentions beyond standard investment advisory roles.

Risks

• While the filing states securities are not held for the purpose of changing or influencing control, any significant shift in this large institutional holding could impact share price.
• The reliance on 'separate arrangements' for beneficial ownership means the ultimate control and decision-making power for these shares rests with individual clients of Fuller & Thaler Asset Management, Inc., introducing a layer of indirectness.

Future Outlook

The filing does not contain forward-looking statements or specific future guidance from the company itself. It pertains to the ownership stake of Fuller & Thaler Asset Management, Inc.

Management Comments

• 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.
• 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.

Industry Context

StockSavvy.ai notes that significant institutional filings like this Schedule 13G are common in the defense and government services sector, where SAIC operates. Such filings often signal sustained investor interest or a rebalancing of portfolios by large asset managers.

Stakeholder Impact

• Shareholders: The significant stake held by Fuller & Thaler Asset Management, Inc. may influence market perception and trading activity. The filing suggests a stable, long-term investment approach by the asset manager.
• SAIC Management: The substantial institutional ownership reinforces the need for continued strong performance and adherence to corporate governance standards.

Next Steps

• Fuller & Thaler Asset Management, Inc. will continue to manage its clients' investments in SAIC according to their respective investment objectives.
• SAIC will continue its operations as a government contractor and technology solutions provider.

Key Dates

Keywords

Science Applications International Corp, SAIC, Fuller & Thaler Asset Management, Schedule 13G, Institutional Ownership, Beneficial Ownership, Investment Adviser