Instuitional Investor - Applied Fundamental Research, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Dycom Industries Inc	DY	54,018	$15,760,292	15.31%
2.	Iac Inc.	IAC	448,254	$15,272,014	14.84%
3.	Gaming & Leisure Properties Inc.	GLPI	215,693	$10,053,451	9.77%
4.	U-Haul Holding Co	UHALB	194,870	$9,918,883	9.64%
5.	Ufp Technologies Inc	UFPT	48,753	$9,731,099	9.46%