Applied Fundamental Research, LLC — 13F Holdings

2026 Q1  ·  10 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Applied Fundamental Research, LLC maintained a portfolio of 10 distinct positions. They heavily accumulated shares in HEICO CORP, increasing the position by 41.9%. The fund also reduced its exposure to GAMING & LEISURE PPTYS INC by 73.0%.
Position History hover any row below to update
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PCA Score Concentration Risk
Risk ENB
Total Positions
10
Quarter
2026 Q1
Top Holding
IAC (16.1%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-10 of 10

Applied Fundamental Research, LLC Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
IAC
IAC INC
Communication Services 16.12% 17.41% #1
Prev: #1
6.0
-143,155 -31.9%
P
S
305,099 $12,213,113 2020 Q4 13F Filing 2026-03-31 2026-05-13
DY
DYCOM INDS INC
Industrials 15.64% 11.74% #2
Prev: #2
6.5
no change no change
P
S
34,972 $11,849,213 2020 Q4 13F Filing 2026-03-31 2026-05-13
ALGN
ALIGN TECHNOLOG...
Healthcare 13.87% 9.06% #3 4
Prev: #7
5.5
2,893 5.0%
P
S
61,312 $10,510,716 2025 Q2 13F Filing 2026-03-31 2026-05-13
UFPT
UFP TECHNOLOGIE...
Healthcare 13.49% 11.64% #4 1
Prev: #3
5.5
no change no change
P
S
52,788 $10,219,757 2020 Q4 13F Filing 2026-03-31 2026-05-13
HEI/A
HEICO CORP
Industrials 11.12% 7.05% #5 4
Prev: #9
7.0
11,787 41.9%
P
S
39,921 $8,426,924 2025 Q4 13F Filing 2026-03-31 2026-05-13
FIGS
FIGS INC
Consumer Cyclical 10.05% 9.88% #6 2
Prev: #4
4.0
-360,250 -41.1%
P
S
515,569 $7,614,908 2022 Q4 13F Filing 2026-03-31 2026-05-13
NABL
N-ABLE INC
Technology 7.66% 9.31% #7 1
Prev: #6
3.6
-9,158 -0.7%
P
S
1,243,671 $5,807,944 2024 Q2 13F Filing 2026-03-31 2026-05-13
UHAL/B
U HAUL HOLDING ...
Industrials 7.02% 9.84% #8 3
Prev: #5
2.8
-92,981 -43.9%
P
S
119,045 $5,317,740 2022 Q4 13F Filing 2026-03-31 2026-05-13
GLPI
GAMING & LEISUR...
Real Estate 2.70% 7.55% #9 1
Prev: #8
1.1
-124,173 -73.0%
P
S
46,034 $2,042,529 2020 Q4 13F Filing 2026-03-31 2026-05-13
NOMD
NOMAD FOODS LTD
Consumer Defensive 2.35% 6.51% #10
Prev: #10
0.9
-339,179 -64.7%
P
S
185,121 $1,779,013 2020 Q4 13F Filing 2026-03-31 2026-05-13
Showing 1-10 of 10 holdings

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