Applied Fundamental Research, LLC

CAMBRIDGE, MA · CIK 1849776 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyCambridge, MA

$84.5m reported value +11.5% vs Q1 2026

10positions

100.0%in top 10

2 new 3 added 4 reduced 2 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	DYCOM INDS INC COM DY	DY	37,923	$19.2m22.68%	22.68%	Added +3.0k	+2,951 8.4%
2	UFP TECHNOLOGIES INC COM UFPT	UFPT	50,498	$13.4m15.84%	15.84%	Reduced -2.3k	-2,290 -4.3%
3	HEICO CORP NEW CL A HEI.A	HEI.A	49,958	$12.9m15.24%	15.24%	Added +10.0k	+10,037 25.1%
4	ALIGN TECHNOLOGY INC COM ALGN	ALGN	57,903	$9.8m11.55%	11.55%	Reduced -3.4k	-3,409 -5.6%
5	IAC INC COM NEW PPLI	PPLI	184,734	$8.5m10.09%	10.09%	Reduced -120.4k	-120,365 -39.5%
6	FIGS INC CL A FIGS	FIGS	697,247	$7.1m8.44%	8.44%	Added +181.7k	+181,678 35.2%
7	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	119,045	$6.9m8.13%	8.13%	Unchanged
8	BRIGHT HORIZONS FAM SOL IN D COM BFAM	BFAM	60,370	$4.3m5.06%	5.06%	New
9	N-ABLE INC COMMON STOCK NABL	NABL	577,464	$2.1m2.51%	2.51%	Reduced -666.2k	-666,207 -53.6%
10	ISHARES TR EXPANDED TECH IGV	IGV	4,294	$389.0k0.46%	0.46%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
GAMING & LEISURE PPTYS INC GLPI	GLPI	46,034	$2.0m46.0k shares
NOMAD FOODS LTD NOMD	NOMD	185,121	$1.8m185.1k shares