Filed: 4/30/2025ACC: 0001849776-25-000003
📋 What this filing means
APPLIED FUNDAMENTAL RESEARCH, LLC filed this quarterly 13F‑HR report disclosing 12 equity positions with a total reported market value of $119.31M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
12
Positions
$119.31M
Total AUM (reported)
5.60M
Total Shares
Allocation by class
COM$51.11M42.8%
COM NEW$19.12M16.0%
USD ORD SHS$18.23M15.3%
COM SER N$11.49M9.6%
COMMON STOCK$10.17M8.5%
CL A$8.33M7.0%
CL A NEW$849.5K0.7%
Portfolio Concentration
Top 3$53.98M45.2%
4–10$62.84M52.7%
11–25$2.49M2.1%
Top 3 weight
45.2%
Top 10 weight
97.9%
Voting Authority Distribution
Total shares with voting rights: 5.60M
Sole
Full voting authority
5.60M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole12
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings12
Rows:
IAC INC
SOLEShares416.19K
TypeSH
Market value$19.12M
16.03%
Sole
416.19K
Shared
0.00
None
0.00
NOMAD FOODS LTD
SOLEShares927.79K
TypeSH
Market value$18.23M
15.28%
Sole
927.79K
Shared
0.00
None
0.00
GAMING & LEISURE PPTYS INC
SOLEShares326.71K
TypeSH
Market value$16.63M
13.94%
Sole
326.71K
Shared
0.00
None
0.00
HEIDRICK & STRUGGLES INTL IN
SOLEShares287.01K
TypeSH
Market value$12.29M
10.30%
Sole
287.01K
Shared
0.00
None
0.00
DYCOM INDS INC
SOLEShares75.53K
TypeSH
Market value$11.51M
9.64%
Sole
75.53K
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares194.20K
TypeSH
Market value$11.49M
9.63%
Sole
194.20K
Shared
0.00
None
0.00
UFP TECHNOLOGIES INC
SOLEShares44.84K
TypeSH
Market value$9.04M
7.58%
Sole
44.84K
Shared
0.00
None
0.00
FIGS INC
SOLEShares1.81M
TypeSH
Market value$8.33M
6.98%
Sole
1.81M
Shared
0.00
None
0.00
N-ABLE INC
SOLEShares1.08M
TypeSH
Market value$7.68M
6.44%
Sole
1.08M
Shared
0.00
None
0.00
JANUS INTERNATIONAL GROUP IN
SOLEShares346.67K
TypeSH
Market value$2.50M
2.09%
Sole
346.67K
Shared
0.00
None
0.00
U HAUL HOLDING COMPANY
SOLEShares25.09K
TypeSH
Market value$1.64M
1.37%
Sole
25.09K
Shared
0.00
None
0.00
ANGI INC
SOLEShares55.13K
TypeSH
Market value$849.5K
0.71%
Sole
55.13K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
IAC INCSOLE | COM NEW | 416.19K | SH | $19.12M 16.03% | 416.19K | 0.00 | 0.00 |
NOMAD FOODS LTDSOLE | USD ORD SHS | 927.79K | SH | $18.23M 15.28% | 927.79K | 0.00 | 0.00 |
GAMING & LEISURE PPTYS INCSOLE | COM | 326.71K | SH | $16.63M 13.94% | 326.71K | 0.00 | 0.00 |
HEIDRICK & STRUGGLES INTL INSOLE | COM | 287.01K | SH | $12.29M 10.30% | 287.01K | 0.00 | 0.00 |
DYCOM INDS INCSOLE | COM | 75.53K | SH | $11.51M 9.64% | 75.53K | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM SER N | 194.20K | SH | $11.49M 9.63% | 194.20K | 0.00 | 0.00 |
UFP TECHNOLOGIES INCSOLE | COM | 44.84K | SH | $9.04M 7.58% | 44.84K | 0.00 | 0.00 |
FIGS INCSOLE | CL A | 1.81M | SH | $8.33M 6.98% | 1.81M | 0.00 | 0.00 |
N-ABLE INCSOLE | COMMON STOCK | 1.08M | SH | $7.68M 6.44% | 1.08M | 0.00 | 0.00 |
JANUS INTERNATIONAL GROUP INSOLE | COMMON STOCK | 346.67K | SH | $2.50M 2.09% | 346.67K | 0.00 | 0.00 |
U HAUL HOLDING COMPANYSOLE | COM | 25.09K | SH | $1.64M 1.37% | 25.09K | 0.00 | 0.00 |
ANGI INCSOLE | CL A NEW | 55.13K | SH | $849.5K 0.71% | 55.13K | 0.00 | 0.00 |