SCHEDULE: Fuller & Thaler Discloses 4.66% Stake in SAIC

Fuller & Thaler Asset Management, Inc. has disclosed a 4.66% passive ownership stake in Science Applications International Corp, holding over 2.18 million shares.

Summary

• Fuller & Thaler Asset Management, Inc. reported beneficial ownership of 2,182,115.79 shares of Science Applications International Corp (SAIC) Common Stock.
• This ownership represents 4.66% of SAIC's outstanding common stock.
• The shares are held for investment purposes in the ordinary course of business and not for the purpose of changing or influencing the control of SAIC.
• Fuller & Thaler Asset Management, Inc. is an investment adviser based in California.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of passive ownership by an institutional investor, providing factual information without indicating significant positive or negative implications for the issuer beyond the presence of an institutional holder.

Positives

• A significant institutional investor, Fuller & Thaler Asset Management, Inc., holds a substantial stake in Science Applications International Corp, indicating confidence in the company.

Negatives

• NA

Risks

• The filing itself does not detail specific business risks of Science Applications International Corp.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding Science Applications International Corp's future performance or Fuller & Thaler's investment strategy.

Management Comments

• NA

Industry Context

This filing represents a routine disclosure by an institutional investment adviser, Fuller & Thaler Asset Management, Inc., regarding its passive ownership stake in Science Applications International Corp, a prominent government services and IT contractor. Such disclosures are common in the investment landscape, reflecting portfolio allocations by asset managers.

Comparison to Industry Standards

• Fuller & Thaler's 4.66% stake is below the 5% threshold that would typically trigger a Schedule 13D filing, which implies an intent to influence or control the issuer. This passive investment aligns with typical institutional portfolio management practices where stakes are held for investment purposes without seeking active control.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company.

Next Steps

• NA

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of a passive ownership stake by an institutional investor. It does not contain new financial performance data, strategic shifts, or other material information that would warrant a change in investment recommendation. The holding by Fuller & Thaler Asset Management, Inc. is for investment purposes in the ordinary course of business, not for control, and represents a standard portfolio allocation. Therefore, a 'hold' recommendation is appropriate as there are no new catalysts or red flags presented in this specific filing.

Keywords

SAIC, Science Applications International Corp, Fuller & Thaler, Asset Management, Investment, Common Stock, Schedule 13G, Institutional Investor, Defense Contractor