Instuitional Investor - Applied Fundamental Research, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Iac Inc.	IAC	394,853	$20,682,400	14.92%
2.	Gaming & Leisure Properties Inc.	GLPI	291,389	$14,380,047	10.37%
3.	Figs Inc.	FIGS	1,983,587	$13,785,930	9.94%
4.	Dycom Industries Inc	DY	118,739	$13,665,672	9.86%
5.	Heidrick & Struggles International Inc	HSII	458,331	$13,534,508	9.76%