FULLER & THALER ASSET MANAGEMENT, INC.
Long book
$29.70B
Q1 2026
Positions
497
Top-10 weight
13%
concentration
Last quarter
+17.3%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsFULLER & THALER ASSET MANAGEMENT, INC. is an institutional manager, running a $29.70B US long book across 497 positions.
The portfolio is broadly diversified across 497 positions (top 10 only 13%). Turnover is modest: positions are typically held for years. Current anchor positions: AMCOR PLC, HEALTHPEAK PROPERTIES INC, PRIMORIS SERVICES CORP, LUMENTUM HOLDINGS INC, ALLISON TRANSMISSION HOLDING.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-3.8%
Q2 2024
+9.6%
Q3 2024
-0.7%
Q4 2024
-6.1%
Q1 2025
+5.9%
Q2 2025
+9.5%
Q3 2025
+0.8%
Q4 2025
+2.5%
Q1 2026
+17.3%
Sector allocation
Industrials 21%
Technology 17%
Financials 15%
Healthcare 13%
Other 10%
Services media 7%
Consumer discretionary 6%
Energy 3%
Long book by quarter
What does FULLER & own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMCR AMCOR PLC | Other | 13.7M | $544.0M | 1.8% | New |
| PRIM PRIMORIS SERVICES CORP | Industrials | 3.0M | $424.4M | 1.4% | -51.2% |
| LITE LUMENTUM HOLDINGS INC | Technology | 587.7K | $413.0M | 1.4% | -69.8% |
| ALSN ALLISON TRANSMISSION HOLDING | Industrials | 3.4M | $397.4M | 1.3% | -48.8% |
| EXEL EXELIXIS INC | Healthcare | 8.5M | $366.4M | 1.2% | -46.3% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 242.2K | $334.0M | 1.1% | -58.1% |
| ONB OLD NATIONAL BANCORP | Financials | 15.1M | $332.7M | 1.1% | -52.7% |
| SON SONOCO PRODUCTS CO | Other | 5.9M | $319.9M | 1.1% | -49.9% |
| JAZZ JAZZ PHARMACEUTICALS PLC | Healthcare | 1.7M | $316.9M | 1.1% | -50.0% |
| BE BLOOM ENERGY CORP- A | Industrials | 2.3M | $311.5M | 1.0% | -58.1% |
| FNB FNB CORP | Financials | 17.9M | $298.7M | 1.0% | -57.5% |
| VRT VERTIV HOLDINGS CO-A | Technology | 1.2M | $298.1M | 1.0% | -47.9% |
| LKQ LKQ CORP | Consumer discretionary | 9.9M | $292.0M | 1.0% | -39.8% |
| DVN DEVON ENERGY CORP | Energy | 5.6M | $280.7M | 0.9% | -60.0% |
| PRMB PRIMO BRANDS CORP | Consumer staples | 14.1M | $265.9M | 0.9% | -51.1% |
| SAIC SCIENCE APPLICATIONS INTE | Technology | 2.7M | $256.3M | 0.9% | -48.6% |
| CE CELANESE CORP | Materials | 3.7M | $244.6M | 0.8% | -54.6% |
| ST SENSATA TECHNOLOGIES HOLDING | Technology | 6.9M | $241.7M | 0.8% | -43.0% |
| MTCH MATCH GROUP INC | Technology | 7.7M | $237.9M | 0.8% | -44.4% |
| GH GUARDANT HEALTH INC | Healthcare | 2.6M | $235.6M | 0.8% | -47.8% |
| MOD MODINE MANUFACTURING CO | Industrials | 1.1M | $234.4M | 0.8% | -46.9% |
| CRUS CIRRUS LOGIC INC | Technology | 1.6M | $232.3M | 0.8% | -49.1% |
| WTM WHITE MOUNTAINS INSURANCE GP | Financials | 104.6K | $229.7M | 0.8% | -51.7% |
| BWA BORGWARNER INC | Industrials | 4.1M | $223.7M | 0.8% | -37.1% |
| DOCN DIGITALOCEAN HOLDINGS INC | Technology | 2.6M | $219.8M | 0.7% | -47.1% |
| EHC ENCOMPASS HEALTH CORP | Healthcare | 2.2M | $215.7M | 0.7% | -45.7% |
| EME EMCOR GROUP INC | Industrials | 290.8K | $214.7M | 0.7% | -60.0% |
| AMG AFFILIATED MANAGERS GROUP | Financials | 760.2K | $210.4M | 0.7% | -44.6% |
| POR PORTLAND GENERAL ELECTRIC CO | Utilities | 3.9M | $207.6M | 0.7% | -51.8% |
| 0WE WEATHERFORD INTERNATIONAL PL | — | 2.2M | $205.1M | 0.7% | -43.8% |
| AGCO AGCO CORP | Industrials | 1.7M | $202.3M | 0.7% | -65.8% |
| GPK GRAPHIC PACKAGING HOLDING CO | Other | 20.3M | $201.9M | 0.7% | -45.7% |
| GTX GARRETT MOTION INC | Industrials | 10.9M | $198.0M | 0.7% | -47.3% |
| UGI UGI CORP | Utilities | 5.3M | $194.6M | 0.7% | -51.8% |
| OPCH OPTION CARE HEALTH INC | Healthcare | 7.1M | $191.8M | 0.6% | -48.8% |
| CMC COMMERCIAL METALS CO | Industrials | 3.0M | $182.8M | 0.6% | -61.0% |
| DCI DONALDSON CO INC | Industrials | 2.1M | $179.2M | 0.6% | -50.0% |
| AWI ARMSTRONG WORLD INDUSTRIES | Other | 1.0M | $171.6M | 0.6% | -48.2% |
| THG HANOVER INSURANCE GROUP INC/ | Financials | 989.8K | $171.6M | 0.6% | -48.1% |
| UTHR UNITED THERAPEUTICS CORP | Healthcare | 280.4K | $166.3M | 0.6% | -51.8% |
| MSM MSC INDUSTRIAL DIRECT CO-A | Consumer discretionary | 1.8M | $164.8M | 0.6% | -50.3% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 403.0K | $164.1M | 0.6% | -66.7% |
| TFX TELEFLEX INC | Healthcare | 1.4M | $163.1M | 0.5% | -2.1% |
| NXT NEXTPOWER INC-CL A | Technology | 1.3M | $162.0M | 0.5% | -48.1% |
| ICUI ICU MEDICAL INC | Healthcare | 1.2M | $157.6M | 0.5% | -51.8% |
| NXST NEXSTAR MEDIA GROUP INC | Communications | 862.3K | $155.9M | 0.5% | -50.0% |
| GNTX GENTEX CORP | Industrials | 7.1M | $155.3M | 0.5% | -45.7% |
| R RYDER SYSTEM INC | Services media | 755.5K | $154.6M | 0.5% | -46.0% |
| CBT CABOT CORP | Other | 2.0M | $154.3M | 0.5% | -56.3% |
| CNO CNO FINANCIAL GROUP INC | Financials | 3.8M | $154.1M | 0.5% | -51.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 497 | $29.70B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ANEW HOLDINGS | Feb 18, 2026 | 498 | $29.60B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 497 | $29.10B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 13, 2025 | 494 | $29.42B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 611 | $27.41B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 596 | $25.75B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 606 | $26.41B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 571 | $25.47B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 564 | $23.36B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 546 | $22.92B | canonical | SEC ↗ |
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