Q2 2025 · 13F-HR
Applied Fundamental Research, LLCholdings as filed
Filed 2025-07-28 · accession 0001849776-25-000004
$112.8M
Reported value
11
Positions
2025-06-30
Period end
The Brief · Applied Fundamental Research, LLC · Q2 2025
AI · grounded in 13F
Applied Fundamental Research, LLC established a new position in IAC valued at $17.46M. The fund also initiated new stakes in DY for $16.56M and NOMD for $14.97M. Additional new positions include GLPI, UFPT, and UHAL/B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 44891N208 | IAC | IAC INC | $17.5M | 15.5% | 467,541 | Common | SOLE |
| 267475101 | DY | DYCOM INDS INC | $16.6M | 14.7% | 67,746 | Common | SOLE |
| G6564A105 | NOMD | NOMAD FOODS LTD | $15.0M | 13.3% | 881,092 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $11.0M | 9.71% | 234,597 | Common | SOLE |
| 902673102 | UFPT | UFP TECHNOLOGIES INC | $9.6M | 8.53% | 39,439 | Common | SOLE |
| 023586506 | UHAL/B | U HAUL HOLDING COMPANY | $9.3M | 8.23% | 170,824 | Common | SOLE |
| 30260D103 | FIGS | FIGS INC | $9.0M | 7.96% | 1,592,780 | Common | SOLE |
| 62878D100 | NABL | N-ABLE INC | $8.5M | 7.53% | 1,048,374 | Common | SOLE |
| 422819102 | HSI | HEIDRICK & STRUGGLES INTL IN | $8.1M | 7.18% | 176,988 | Common | SOLE |
| 016255101 | ALGN | ALIGN TECHNOLOGY INC | $5.9M | 5.25% | 31,292 | Common | SOLE |
| 47103N106 | JBI | JANUS INTERNATIONAL GROUP IN | $2.5M | 2.20% | 304,542 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.