Applied Fundamental Research, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1849776) · Explore on the interactive board
Applied Fundamental Research, LLC disclosed 10 US equity positions worth $84.5m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 13, 2026). Its largest position is DY at 22.7% of the reported book, followed by UFPT, HEI/A. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 7 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 3, reduced 4 and exited 2. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Applied Fundamental Research, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 3 added, 4 reduced, 2 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | DY DYCOM INDS INC | Industrials | 22.7% | $19.2m | 37,923 | 8% | added |
| 2 | UFPT UFP TECHNOLOGIES INC | Healthcare | 15.8% | $13.4m | 50,498 | -4% | reduced |
| 3 | HEI/A HEICO CORP | 15.2% | $12.9m | 49,958 | 25% | added | |
| 4 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 11.6% | $9.8m | 57,903 | -6% | reduced |
| 5 | PPLI PEOPLE INC | Communication Services | 10.1% | $8.5m | 184,734 | -39% | reduced |
| 6 | FIGS FIGS INC | Consumer Cyclical | 8.4% | $7.1m | 697,247 | 35% | added |
| 7 | UHAL/B U HAUL HOLDING COMPANY | 8.1% | $6.9m | 119,045 | 0% | held | |
| 8 | BFAM BRIGHT HORIZONS FAM SOL IN D | Consumer Cyclical | 5.1% | $4.3m | 60,370 | – | new |
| 9 | NABL N-ABLE INC | Technology | 2.5% | $2.1m | 577,464 | -54% | reduced |
| 10 | IGV ISHARES TR | 0.5% | $389.0k | 4,294 | – | new |
What did Applied Fundamental Research, LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| GLPI GAMING & LEISURE P | 53.4% | $2.0m |
| NOMD NOMAD FOODS LTD | 46.6% | $1.8m |
Sector mix
| Sector | Weight |
|---|---|
| Healthcare | 27.4% |
| Industrials | 22.7% |
| Consumer Cyclical | 13.5% |
| Communication Services | 10.1% |
| Technology | 2.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Applied Fundamental Research, LLC's portfolio?
Across every quarter Applied Fundamental Research, LLC has filed, its median largest position is 19.4% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 2.0 completed holding spells, the median lasted 1.0 quarters; 10.0 positions are still open and their final length is unknown.