Applied Finance Capital Management, LLC reported 222 positions worth $1.33B for the quarter ended Sep 30, 2026, down 0.6% on the prior quarter. It opened 28 new positions, added to 84, trimmed 110 and exited 22. Its largest holding is Nvidia Corp at 5.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| DELL Dell Technologies Inc. | +63.0K | +971.9% | $33.92M | 2.81% |
| NVDA Nvidia Corp | +131.6K | +68.6% | $30.06M | 5.55% |
| ADBE Adobe Inc. | +29.8K | +28.4% | $7.15M | 2.43% |
| REGN Regeneron Pharmaceuticals, Inc. | +8,220 | +59.9% | $6.23M | 1.25% |
| AVGO Broadcom Inc. | +16.1K | +58.3% | $5.65M | 1.15% |
| MCK Mckesson Corp | +5,140 | +36.6% | $4.39M | 1.23% |
| TMO Thermo Fisher Scientific Inc. | +6,470 | +34.1% | $4.37M | 1.29% |
| SYK Stryker Corp | +13.4K | +48.0% | $3.69M | 0.855% |
| VZ Verizon Communications Inc | +64.2K | +12.6% | $2.94M | 1.98% |
| MRK Merck & Co., Inc. | +19.0K | +14.2% | $2.76M | 1.66% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AMAT Applied Materials Inc | -35.3K | -42.2% | $18.07M | 1.86% |
| KLAC Kla Corp | -68.6K | -37.0% | $13.38M | 1.71% |
| INCY Incyte Corp | -106.8K | -100.0% | $12.10M | Exited |
| CSCO Cisco Systems, Inc. | -90.8K | -25.9% | $9.77M | 2.1% |
| DHR Danaher Corp | -48.7K | -100.0% | $9.27M | Exited |
| VLO Valero Energy Corp | -21.0K | -29.5% | $8.15M | 1.46% |
| AAPL Apple Inc. | -22.0K | -9.8% | $7.33M | 5.1% |
| URI United Rentals, Inc. | -6,007 | -27.2% | $6.01M | 1.21% |
| GOOGL Alphabet Inc. | -13.9K | -11.3% | $4.80M | 2.82% |
| STLD Steel Dynamics Inc | -15.1K | -31.2% | $3.36M | 0.556% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| AXP American Express Co | +5,027 | $1.53M | 0.115% |
| LMT Lockheed Martin Corp | +2,384 | $1.21M | 0.091% |
| UBER Uber Technologies, Inc | +13.3K | $911.87K | 0.068% |
| KR Kroger Co | +13.0K | $764.41K | 0.057% |
| OXY Occidental Petroleum Corp | +13.0K | $717.22K | 0.054% |
| SPGI S&P Global Inc. | +1,789 | $705.71K | 0.053% |
| CTAS Cintas Corp | +3,330 | $649.55K | 0.049% |
| QSR Restaurant Brands International Inc. | +8,229 | $584.92K | 0.044% |
| NOW ServiceNow, Inc. | +4,013 | $537.78K | 0.04% |
| AU AngloGold Ashanti PLC | +5,483 | $515.13K | 0.039% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| INCY Incyte Corp | -106.8K | $12.10M | 0.904% |
| DHR Danaher Corp | -48.7K | $9.27M | 0.692% |
| MNST Monster Beverage Corp | -43.4K | $2.09M | 0.156% |
| GILD Gilead Sciences, Inc. | -14.7K | $1.86M | 0.139% |
| VRT Vertiv Holdings Co | -3,874 | $1.30M | 0.097% |
| KVUE Kenvue Inc. | -24.8K | $473.34K | 0.035% |
| MGM MGM Resorts International | -6,840 | $327.02K | 0.024% |
| DVA Davita Inc. | -1,412 | $314.14K | 0.023% |
| MAS Masco Corp | -3,811 | $310.10K | 0.023% |
| FTAI FTAI Aviation Ltd. | -1,116 | $301.91K | 0.023% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 323.6K | $73.91M | 5.55% | +131.6K | +68.6% | Added | 0% |
| 2 | MSFT Microsoft Corp | Technology | 142.7K | $73.20M | 5.5% | +1,151 | +0.8% | Added | 0% |
| 3 | AAPL Apple Inc. | Technology | 203.7K | $67.83M | 5.1% | -22.0K | -9.8% | Reduced | 0% |
| 4 | META Meta Platforms, Inc. | Technology | 63.8K | $46.28M | 3.48% | -631 | -1.0% | Reduced | 0% |
| 5 | HPQ Hp Inc | Technology | 1.28M | $40.07M | 3.01% | -37.3K | -2.8% | Reduced | 0.14% |
| 6 | GOOGL Alphabet Inc. | Technology | 109.2K | $37.58M | 2.82% | -13.9K | -11.3% | Reduced | 0% |
| 7 | DELL Dell Technologies Inc. | Technology | 69.5K | $37.41M | 2.81% | +63.0K | +971.9% | Added | 0.02% |
| 8 | ADBE Adobe Inc. | Technology | 134.8K | $32.34M | 2.43% | +29.8K | +28.4% | Added | 0.03% |
| 9 | CSCO Cisco Systems, Inc. | Technology | 260.1K | $27.99M | 2.1% | -90.8K | -25.9% | Reduced | 0.01% |
| 10 | MA Mastercard Inc | Financial Services | 48.2K | $26.60M | 2% | -1,449 | -2.9% | Reduced | 0.01% |
| 11 | VZ Verizon Communications Inc | Communication Services | 574.2K | $26.34M | 1.98% | +64.2K | +12.6% | Added | 0.01% |
| 12 | ROP Roper Technologies Inc | Technology | 71.3K | $24.90M | 1.87% | +4,607 | +6.9% | Added | 0.07% |
| 13 | DIS Walt Disney Co | Communication Services | 236.5K | $24.81M | 1.86% | +10.1K | +4.5% | Added | 0.01% |
| 14 | AMAT Applied Materials Inc | Technology | 48.4K | $24.76M | 1.86% | -35.3K | -42.2% | Reduced | 0.01% |
| 15 | ORCL Oracle Corp | Technology | 177.6K | $24.39M | 1.83% | +12.8K | +7.8% | Added | 0.01% |
Tip. Select a row to see that position’s full history at Applied Finance Capital Management.
As of its Q3 2026 13F filing, Applied Finance Capital Management, LLC’s five largest positions were Nvidia Corp (NVDA) at 5.6%, Microsoft Corp (MSFT) at 5.5%, Apple Inc. (AAPL) at 5.1%, Meta Platforms, Inc. (META) at 3.5%, Hp Inc (HPQ) at 3.0% of the reported portfolio.
Applied Finance Capital Management, LLC reported a 13F portfolio worth $1.33B across 222 positions for Q3 2026. That is down 0.6% from the previous quarter.
Its largest purchases by value were Dell Technologies Inc. ($33.92M), Nvidia Corp ($30.06M), Adobe Inc. ($7.15M). It opened 28 new positions.
Its largest sales by value were Applied Materials Inc ($18.07M), Kla Corp ($13.38M), Incyte Corp ($12.10M). It exited 22 positions entirely.
From the Form 13F-HR reports Applied Finance Capital Management, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.