FULLER & THALER ASSET MANAGEMENT, INC.

CIK

1082327

Location

SAN MATEO, CA

Portfolio Value

Large $29,628,371,432

Diversification

Diversified

Filing Date

Global Rank

#212 / 8,622 ▲ 11 · as of Mar 2026

Top Industry

Banks - Regional 7.2%

3Y Alpha vs SPY

-2.4%

Period ended 4 months ago

Filed May 14, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+60.0%

SPY

+67.9%

Annualised alpha

-1.9%

Max drawdown

−24.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

485 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

1.8%

+0.2 pts

Top 5

7.6%

+0.9 pts

Top 10

13.3%

+1.2 pts

HHI

Diversified+2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	19.3%	$5,708,072,484	79
Industrials	19.0%	$5,632,567,939	75
Technology	17.0%	$5,023,209,503	86
Financial Services	14.4%	$4,259,784,237	69
Healthcare	12.8%	$3,793,582,737	65
Real Estate	4.6%	$1,350,138,077	23
Energy	4.2%	$1,230,229,218	21
Basic Materials	2.7%	$786,588,583	18
Utilities	2.5%	$730,516,249	15
Consumer Defensive	2.2%	$654,222,830	20
Communication Services	1.6%	$459,459,575	14

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AVTR	Avantor, Inc.	+9,009,715	10,632,112	$83,355,758
RYN	Rayonier Inc	+3,642,575	9,289,731	$191,554,253
FIS	Fidelity National Information Services, Inc.	+2,579,047	2,948,076	$138,294,245
FSLY	Fastly, Inc.	+2,117,405	2,160,547	$62,785,495
LKQ	Lkq Corp	+1,683,893	9,942,144	$292,000,769
GPK	Graphic Packaging Holding Co	+1,611,307	20,315,566	$201,936,726
REYN	Reynolds Consumer Products Inc.	+1,122,103	6,851,657	$145,118,095
FFIN	First Financial Bankshares Inc	+1,066,394	2,191,769	$64,547,597
BWA	Borgwarner Inc	+847,563	4,122,005	$223,659,991
ST	Sensata Technologies Holding plc	+842,977	6,862,391	$241,693,411
MTCH	Match Group, Inc.	+781,258	7,746,577	$237,897,379
EVTC	EVERTEC, Inc.	+667,135	1,834,945	$51,782,147
TFX	Teleflex Inc	+667,000	1,363,950	$163,142,059
SF	Stifel Financial Corp	+628,033	1,218,982	$90,107,149
OEC	Orion S.A.	+589,752	1,387,657	$9,019,770
EXEL	Exelixis, Inc.	+581,340	8,542,236	$366,376,502
GNTX	Gentex Corp	+558,284	7,108,679	$155,324,636
GTX	Garrett Motion Inc.	+548,531	10,897,535	$198,008,210
MMS	Maximus, Inc.	+495,496	2,081,466	$133,421,970
UCTT	Ultra Clean Holdings, Inc.	+461,568	475,073	$29,540,039
IPGP	Ipg Photonics Corp	+457,322	551,992	$63,252,763
FLO	Flowers Foods Inc	+351,157	11,348,812	$92,492,817
CROX	Crocs, Inc.	+342,621	1,250,609	$103,825,559
ACIW	Aci Worldwide, Inc.	+333,221	2,149,809	$88,163,667
ZION	Zions Bancorporation, National Association /Ut/	+307,176	2,594,137	$149,474,173
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KEY	Keycorp /New/	−10,029,489	3,376,891	$67,706,664
PTEN	Patterson Uti Energy Inc	−4,179,605	12,253,350	$132,703,780
FNB	Fnb Corp/Pa/	−3,145,499	17,867,600	$298,746,272
VLY	Valley National Bancorp	−2,001,139	4,969,928	$61,030,715
MAT	Mattel Inc /De/	−1,550,138	1,648,138	$23,947,445
TEX	Terex Corp	−1,400,798	1,488,426	$87,965,976
DVN	Devon Energy Corp/De	−1,399,889	5,578,078	$280,688,884
TKR	Timken Co	−1,219,770	568,772	$57,201,400
LYB	LyondellBasell Industries N.V.	−1,181,529	48,157	$3,879,527
PEB	Pebblebrook Hotel Trust	−1,028,851	4,858,029	$61,356,906
AXTA	Axalta Coating Systems Ltd.	−879,586	1,659,810	$45,976,737
OLN	OLIN Corp	−866,867	5,015,877	$149,122,023
ONB	Old National Bancorp /In/	−847,076	15,055,918	$332,735,787
CMC	COMMERCIAL METALS Co	−842,527	2,975,302	$182,772,801
AGCO	Agco Corp /De	−803,831	1,746,334	$202,347,720
KTB	Kontoor Brands, Inc.	−754,884	301,469	$21,190,256
FTDR	Frontdoor, Inc.	−735,990	2,641,913	$139,651,521
BFAM	Bright Horizons Family Solutions Inc.	−716,375	1,176,639	$96,637,361
DORM	Dorman Products, Inc.	−573,564	307,934	$32,135,992
HUBG	Hub Group, Inc.	−539,482	572,010	$20,615,240
DNOW	DNOW Inc.	−528,438	2,918,621	$34,760,776
G	Genpact LTD	−476,547	2,635,743	$98,181,426
DOC	Healthpeak Properties, Inc.	−446,676	29,201,584	$479,782,025
BE	Bloom Energy Corp	−442,881	2,299,320	$311,534,866
LITE	Lumentum Holdings Inc.	−383,930	587,679	$412,997,294
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AMCR	Amcor plc	13,686,792	$544,049,982
INDV	Indivior Pharmaceuticals, Inc.	4,529,583	$138,061,689
TTEK	Tetra Tech Inc	3,314,443	$99,831,023
ECG	Everus Construction Group, Inc.	771,811	$91,120,006
VIAV	Viavi Solutions Inc.	2,659,193	$88,497,943
CGNX	Cognex Corp	1,656,815	$81,167,366
BILL	BILL Holdings, Inc.	1,996,215	$76,455,034
LBRT	Liberty Energy Inc.	2,478,018	$71,366,918
HNGE	Hinge Health, Inc.	1,655,198	$63,824,434
LRN	Stride, Inc.	716,340	$63,159,697
AGX	Argan Inc	114,862	$62,559,588
KLIC	Kulicke & Soffa Industries Inc	873,817	$57,427,253
MUR	Murphy Oil Corp	1,358,795	$56,050,293
MOG-A	Moog Inc.	191,195	$55,951,304
FIG	Figma, Inc.	2,543,373	$53,766,905
TREX	Trex Co Inc	1,474,843	$53,713,782
PL	Planet Labs PBC	1,850,668	$51,726,170
PEGA	Pegasystems Inc	1,069,134	$45,502,343
CELH	Celsius Holdings, Inc.	1,219,168	$43,256,080
NMIH	NMI Holdings, Inc.	1,070,580	$40,157,455
PENN	PENN Entertainment, Inc.	2,168,909	$32,598,702
FIGS	FIGS, Inc.	2,133,406	$31,510,406
NAVN	Navan, Inc.	2,378,367	$31,489,579
RELY	Remitly Global, Inc.	1,935,101	$30,323,032
HIMS	Hims & Hers Health, Inc.	1,419,677	$29,472,494
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
U	Unity Software Inc.	2,727,648	$120,480,212
ZETA	Zeta Global Holdings Corp.	4,027,355	$81,956,674
PII	Polaris Inc.	1,287,704	$81,447,278
LYFT	Lyft, Inc.	4,139,818	$80,188,274
BIO	Bio-Rad Laboratories, Inc.	259,577	$78,649,235
QLYS	Qualys, Inc.	591,358	$78,591,478
LTH	Life Time Group Holdings, Inc.	2,894,241	$76,928,925
COCO	Vita Coco Company, Inc.	1,381,657	$73,241,637
INSP	Inspire Medical Systems, Inc.	668,099	$61,618,770
AMBA	Ambarella Inc	848,092	$60,078,837
FRSH	Freshworks Inc.	4,748,985	$58,175,066
CALX	Calix, Inc	1,094,173	$57,914,576
ESTC	Elastic N.V.	727,763	$54,902,440
INTA	Intapp, Inc.	1,134,697	$51,991,816
KSS	KOHLS Corp	2,439,777	$49,795,848
OS	OneStream, Inc.	2,592,382	$47,647,981
BLD	QXO Insulation, LLC	110,435	$46,072,377
TGNA	TEGNA INC	2,233,662	$43,355,379
CVLT	Commvault Systems Inc	321,591	$40,314,647
KMT	Kennametal Inc	1,290,870	$36,673,616
PTON	Peloton Interactive, Inc.	5,763,106	$35,500,732
ZD	Ziff Davis, Inc.	860,582	$30,249,457
OZK	Bank OZK	483,778	$22,263,463
TNC	Tennant Co	253,005	$18,646,468
MTB	M&T Bank Corp	26,217	$5,282,201
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

485 positions · $29,628,371,432 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 485 positions by value · page 1 of 10

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AMCR	Amcor plc Consumer Cyclical	NEW	13,686,792	NEW	$544,049,982	NEW	1.84%
DOC	Healthpeak Properties, Inc. Real Estate	Reduced	29,201,584	-446,676	$479,782,025	+0.6%	1.62%
PRIM	Primoris Services Corp Industrials	Reduced	2,966,901	-71,347	$424,385,519	+12.5%	1.43%
LITE	Lumentum Holdings Inc. Technology	Reduced	587,679	-383,930	$412,997,294	+15.3%	1.39%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Added	3,394,635	+80,974	$397,375,973	+22.5%	1.34%
EXEL	Exelixis, Inc. Healthcare	Added	8,542,236	+581,340	$366,376,502	+5.0%	1.24%
FIX	Comfort Systems USA Inc Industrials	Reduced	242,196	-46,843	$333,985,862	+23.8%	1.13%
ONB	Old National Bancorp /In/ Financial Services	Reduced	15,055,918	-847,076	$332,735,787	−6.2%	1.12%
SON	Sonoco Products Co Consumer Cyclical	Added	5,913,788	+11,838	$319,876,792	+24.2%	1.08%
JAZZ	Jazz Pharmaceuticals plc Healthcare	Reduced	1,676,142	-990	$316,874,645	+11.1%	1.07%
BE	Bloom Energy Corp Industrials	Reduced	2,299,320	-442,881	$311,534,866	+30.7%	1.05%
FNB	Fnb Corp/Pa/ Financial Services	Reduced	17,867,600	-3,145,499	$298,746,272	−16.9%	1.01%
VRT	Vertiv Holdings Co Industrials	Added	1,189,618	+47,278	$298,094,478	+61.1%	1.01%
LKQ	Lkq Corp Consumer Cyclical	Added	9,942,144	+1,683,893	$292,000,769	+17.1%	0.99%
DVN	Devon Energy Corp/De Energy	Reduced	5,578,078	-1,399,889	$280,688,884	+9.8%	0.95%
PRMB	Primo Brands Corp Consumer Defensive	Reduced	14,123,269	-331,368	$265,941,155	+12.5%	0.90%
SAIC	Science Applications International Corp Technology	Added	2,700,017	+73,066	$256,285,613	−3.1%	0.87%
CE	Celanese Corp Basic Materials	Reduced	3,718,801	-375,980	$244,585,541	+41.3%	0.83%
ST	Sensata Technologies Holding plc Technology	Added	6,862,391	+842,977	$241,693,411	+20.6%	0.82%
MTCH	Match Group, Inc. Communication Services	Added	7,746,577	+781,258	$237,897,379	+5.8%	0.80%
GH	Guardant Health, Inc. Healthcare	Added	2,550,314	+108,584	$235,572,504	−5.5%	0.80%
MOD	Modine Manufacturing Co Consumer Cyclical	Added	1,081,680	+63,659	$234,410,872	+72.5%	0.79%
CRUS	Cirrus Logic, Inc. Technology	Added	1,606,448	+27,893	$232,324,509	+24.2%	0.78%
WTM	White Mountains Insurance Group Ltd Financial Services	Reduced	104,561	-3,611	$229,716,334	+2.2%	0.78%
BWA	Borgwarner Inc Consumer Cyclical	Added	4,122,005	+847,563	$223,659,991	+51.6%	0.75%
DOCN	DigitalOcean Holdings, Inc. Technology	Added	2,562,044	+141,703	$219,772,134	+88.7%	0.74%
EHC	Encompass Health Corp Healthcare	Added	2,229,979	+176,289	$215,705,868	−1.0%	0.73%
EME	EMCOR Group, Inc. Industrials	Reduced	290,790	-72,984	$214,693,164	−3.5%	0.72%
AMG	Affiliated Managers Group, Inc. Financial Services	Added	760,213	+74,625	$210,350,937	+6.4%	0.71%
POR	Portland General Electric Co /Or/ Utilities	Reduced	3,934,845	-149,758	$207,641,770	+5.9%	0.70%
WFRD	Weatherford International plc Energy	Added	2,168,044	+239,818	$205,053,601	+35.9%	0.69%
AGCO	Agco Corp /De Industrials	Reduced	1,746,334	-803,831	$202,347,720	−23.9%	0.68%
GPK	Graphic Packaging Holding Co Consumer Cyclical	Added	20,315,566	+1,611,307	$201,936,726	−28.3%	0.68%
GTX	Garrett Motion Inc. Consumer Cyclical	Added	10,897,535	+548,531	$198,008,210	+9.8%	0.67%
COLD	Americold Realty Trust Real Estate	Reduced	17,051,517	-243,656	$195,410,384	−12.1%	0.66%
UGI	Ugi Corp /Pa/ Utilities	Reduced	5,342,372	-203,866	$194,569,188	−6.3%	0.66%
OPCH	Option Care Health, Inc. Healthcare	Added	7,125,280	+166,480	$191,812,537	−13.5%	0.65%
RYN	Rayonier Inc Real Estate	Added	9,289,731	+3,642,575	$191,554,253	+56.7%	0.65%
CMC	COMMERCIAL METALS Co Industrials	Reduced	2,975,302	-842,527	$182,772,801	−30.8%	0.62%
DCI	DONALDSON Co INC Industrials	Added	2,111,613	+2,018	$179,212,595	−4.2%	0.60%
AWI	Armstrong World Industries Inc Industrials	Added	1,041,354	+35,890	$171,615,139	−10.7%	0.58%
THG	Hanover Insurance Group, Inc. Financial Services	Added	989,837	+35,565	$171,588,243	−1.6%	0.58%
KRG	Kite Realty Group Trust Real Estate	Reduced	6,979,970	-249,913	$171,358,263	−1.1%	0.58%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Reduced	280,405	-10,208	$166,274,556	+17.4%	0.56%
MSM	Msc Industrial Direct Co Inc Industrials	Reduced	1,785,596	-10,720	$164,756,942	+9.1%	0.56%
STRL	Sterling Infrastructure, Inc. Industrials	Reduced	403,002	-202,450	$164,130,624	−11.5%	0.55%
TFX	Teleflex Inc Healthcare	Added	1,363,950	+667,000	$163,142,059	+91.8%	0.55%
NXT	Nextpower Inc. Technology	Added	1,343,730	+49,983	$161,986,651	+43.7%	0.55%
ICUI	Icu Medical Inc/De Healthcare	Reduced	1,220,539	-45,260	$157,632,611	−12.7%	0.53%
NXST	Nexstar Media Group, Inc. Communication Services	Reduced	862,253	-831	$155,921,209	−11.0%	0.53%