§ 13F · FUND PROFILE
FULLER & THALER ASSET MANAGEMENT, INC..
Behavioral finance, small-cap value
AUM · $29.4B (13F)Positions · 494Turnover · 100% · Q1Filed · May 14, 2026
CONCENTRATION
13%
Top 10 holdings
NEW BUYS
+56
+$2.1B deployed
EXITS
0
No exits
SECTOR SHIFT
BANKING → ELECTRICAL EQUIPMENT
-1pp · +2pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 14, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | AMCR | AMCOR PLC | 13.69M | $544M | 1.8% | NEW |
| 2 | DOC | HEALTHPEAK PROPERTIES INC | 29.20M | $480M | 1.6% | −51% |
| 3 | PRIM | PRIMORIS SVCS CORP | 2.97M | $424M | 1.4% | −51% |
| 4 | LITE | LUMENTUM HLDGS INC | 588K | $413M | 1.4% | −70% |
| 5 | ALSN | ALLISON TRANSMISSION HLDGS I | 3.39M | $397M | 1.3% | −49% |
| 6 | EXEL | EXELIXIS INC | 8.54M | $366M | 1.2% | −46% |
| 7 | FIX | COMFORT SYS USA INC | 242K | $334M | 1.1% | −58% |
| 8 | ONB | OLD NATL BANCORP IND | 15.06M | $333M | 1.1% | −53% |
| 9 | SON | SONOCO PRODS CO | 5.91M | $320M | 1.1% | −50% |
| 10 | JAZZ | JAZZ PHARMACEUTICALS PLC | 1.68M | $317M | 1.1% | −50% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other68.8% (±0)
Health Care7.2% (±0)
Banking7.0% (−1pp)
Electrical Equipment7.0% (+2pp)
Packaging4.8%
Construction4.8%
§ 03 · THE FULLER SIGNAL
AC read
FULLER & THALER ASSET MANAGEMENT, INC. is a Deep Value fund managing $29.4 billion in assets. The fund runs a broad portfolio of 494 positions, broad diversification across holdings. Trading activity is aggressive at 100% quarterly turnover, with 56 new positions and 0 exits last quarter. Top sector allocations: Other (69%), Health Care (7%), Banking (7%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+56 buys · −0 exits · 441 changed
Q4 2025
Busy quarter
+53 buys · −0 exits · 445 changed
Q4 2025
Busy quarter
+53 buys · −0 exits · 445 changed
Q3 2025
Busy quarter
+494 buys · −0 exits · 0 changed