Applied Fundamental Research, LLC

CIK: 0001849776SEC EDGAR →

Portfolio Value

$100.7M

Holdings

10

As of

Q4 2025

New Positions

10

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

IAC INC

448,254$17.5M
17.41%
2

DYCOM INDS INC

34,972$11.8M
11.74%
3

UFP TECHNOLOGIES INC

52,788$11.7M
11.64%
4

FIGS INC

875,819$9.9M
9.88%
5

U HAUL HOLDING COMPANY

212,026$9.9M
9.84%
6

N-ABLE INC

1,252,829$9.4M
9.31%
7

ALIGN TECHNOLOGY INC

58,419$9.1M
9.06%
8

GAMING & LEISURE PPTYS INC

170,207$7.6M
7.55%
9

HEICO CORP

28,134$7.1M
7.05%
10

NOMAD FOODS LTD

524,300$6.6M
6.51%

Quarterly Changes

Top Buys

0J7QNEW
$17.5M
DYNEW
$11.8M
UFPTNEW
$11.7M
FIGSNEW
$9.9M
$9.9M

Top Sells

No sells this quarter

New Positions (10)

$17.5M · 448K shares
$11.8M · 35K shares
$11.7M · 53K shares
$9.9M · 876K shares
$9.9M · 212K shares
$9.4M · 1.3M shares
$9.1M · 58K shares
$7.6M · 170K shares
$7.1M · 28K shares
$6.6M · 524K shares

Sector Breakdown

Sector# HoldingsValue%
Unknown3$36.6M36.3%
Industrials2$18.9M18.8%
Healthcare1$11.7M11.6%
Consumer Cyclical1$9.9M9.9%
Technology1$9.4M9.3%
Real Estate1$7.6M7.6%
Consumer Defensive1$6.6M6.5%