Applied Fundamental Research, LLC reported 9 positions worth $84.14M for the quarter ended Jun 30, 2026, up 11.0% on the prior quarter. It opened 1 new position, added to 3, trimmed 4 and exited 2. Its largest holding is Dycom Industries Inc at 22.8% 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 |
|---|---|---|---|---|
| PPLI People Inc | -120.4K | -39.5% | $5.56M | 10.13% |
| NABL N-able, Inc. | -666.2K | -53.6% | $2.44M | 2.52% |
| GLPI Gaming & Leisure Properties, Inc. | -46.0K | -100.0% | $2.04M | Exited |
| NOMD Nomad Foods Ltd | -185.1K | -100.0% | $1.78M | Exited |
| UFPT Ufp Technologies Inc | -2,290 | -4.3% | $607.15K | 15.91% |
| ALGN Align Technology Inc | -3,409 | -5.6% | $574.96K | 11.61% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| BFAM Bright Horizons Family Solutions Inc. | +60.4K | $4.28M | 5.09% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | DY Dycom Industries Inc | Industrials | 37.9K | $19.17M | 22.79% | +2,951 | +8.4% | Added | 0.13% |
| 2 | UFPT Ufp Technologies Inc | Healthcare | 50.5K | $13.39M | 15.91% | -2,290 | -4.3% | Reduced | 0.65% |
| 3 | HEI-A Heico Corp | Industrials | 50.0K | $12.88M | 15.31% | +10.0K | +25.1% | Added | 0.06% |
| 4 | ALGN Align Technology Inc | Healthcare | 57.9K | $9.77M | 11.61% | -3,409 | -5.6% | Reduced | 0.08% |
| 5 | PPLI People Inc | Technology | 184.7K | $8.53M | 10.13% | -120.4K | -39.5% | Reduced | 0.25% |
| 6 | FIGS FIGS, Inc. | Consumer Discretionary | 697.2K | $7.13M | 8.48% | +181.7K | +35.2% | Added | 0.44% |
| 7 | UHAL-B U-Haul Holding Co | Consumer Discretionary | 119.0K | $6.87M | 8.16% | 0 | 0.0% | Unchanged | 0.06% |
| 8 | BFAM Bright Horizons Family Solutions Inc. | Consumer Discretionary | 60.4K | $4.28M | 5.09% | +60.4K | – | New | 0.12% |
| 9 | NABL N-able, Inc. | Technology | 577.5K | $2.12M | 2.52% | -666.2K | -53.6% | Reduced | 0.31% |
Tip. Select a row to see that position’s full history at Applied Fundamental Research.
As of its Q2 2026 13F filing, Applied Fundamental Research, LLC’s five largest positions were Dycom Industries Inc (DY) at 22.8%, Ufp Technologies Inc (UFPT) at 15.9%, Heico Corp (HEI-A) at 15.3%, Align Technology Inc (ALGN) at 11.6%, People Inc (PPLI) at 10.1% of the reported portfolio.
Applied Fundamental Research, LLC reported a 13F portfolio worth $84.14M across 9 positions for Q2 2026. That is up 11.0% from the previous quarter.
Its largest purchases by value were Bright Horizons Family Solutions Inc. ($4.28M), Heico Corp ($2.59M), FIGS, Inc. ($1.86M). It opened 1 new positions.
Its largest sales by value were People Inc ($5.56M), N-able, Inc. ($2.44M), Gaming & Leisure Properties, Inc. ($2.04M). It exited 2 positions entirely.
From the Form 13F-HR reports Applied Fundamental Research, 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.