Applied Fundamental Research, LLC
CIK 0001849776
Annualised vol
12.569333%
Beta
0.423222
HHI
1402.335537
Top-10 weight
100.0%
VaR 95%
1.198424%
VaR 99%
2.20561%
Max drawdown
23.883649%
Matched value
71.794833%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| UFPT | REDUCED | 50,498 | 52,788 | -4.34% | 13,388,535 |
| HEI | ADDED | 49,958 | 39,921 | 25.14% | 12,884,668 |
| ALGN | REDUCED | 57,903 | 61,312 | -5.56% | 9,765,920 |
| PPLI | NEW | 184,734 | - | - | 8,527,321 |
| FIGS | ADDED | 697,247 | 515,569 | 35.24% | 7,132,837 |
| UHAL | UNCHANGED | 119,045 | 119,045 | 0.0% | 6,868,897 |
| NABL | REDUCED | 577,464 | 1,243,671 | -53.57% | 2,119,293 |
| NOMD | CLOSED OUT | 0 | 185,121 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | DYCOM INDS INC | COM | 267475101 | 19,173,490 | 22.68 | 37923.0 | |
| UFPT | REDUCED | UFP TECHNOLOGIES INC | COM | 902673102 | 13,388,535 | 15.84 | 50498.0 |
| HEI | ADDED | HEICO CORP | NEW CL A | 422806208 | 12,884,668 | 15.24 | 49958.0 |
| ALGN | REDUCED | ALIGN TECHNOLOGY INC | COM | 016255101 | 9,765,920 | 11.55 | 57903.0 |
| PPLI | NEW | PEOPLE INC | COM NEW | 44891N208 | 8,527,321 | 10.09 | 184734.0 |
| FIGS | ADDED | FIGS INC | CL A | 30260D103 | 7,132,837 | 8.44 | 697247.0 |
| UHAL | UNCHANGED | U HAUL HOLDING COMPANY | COM SER N | 023586506 | 6,868,897 | 8.13 | 119045.0 |
| - | BRIGHT HORIZONS FAM SOL IN D | COM | 109194100 | 4,279,026 | 5.06 | 60370.0 | |
| NABL | REDUCED | N-ABLE INC | COMMON STOCK | 62878D100 | 2,119,293 | 2.51 | 577464.0 |
| - | ISHARES TR | S&P 100 ETF | 464287515 | 389,036 | 0.46 | 4294.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 84,529,023 | 10 | 12.569333 | 0.423222 | 23.883649 |
| 2026-03-31 | 2026-05-13 | 75,781,857 | 10 | 10.972543 | 0.352869 | 20.136758 |
| 2025-12-31 | 2026-01-28 | 100,684,387 | 10 | 8.76675 | 0.274482 | 18.431998 |
| 2025-09-30 | 2025-10-30 | 102,920,019 | 10 | 6.534818 | 0.181794 | 16.073842 |
| 2025-03-31 | 2025-04-30 | 119,307,802 | 12 | 4.863827 | 0.097585 | 13.744472 |
| 2024-12-31 | 2025-02-10 | 127,843,669 | 12 | 4.87642 | 0.100238 | 12.782535 |