Institutional Manager · CIK 0001966007

Applied Finance Capital Management, LLC

SAN JUAN, PR · File #028-23109

Latest AUM

$1.40B

Positions

225

Top-10 Concentration

36.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES RUSSELL 1000 VALUE ETF	464287598	+90,704	+$19.1M	+$42,735
REDUCE	ALPHABET INC	GOOG	-59,784	-$18.7M	+$16.1M
NEW	ALPHABET INC	GOOG	+50,000	+$15.7M	$0
REDUCE	ORACLE CORP	ORCL-PD	-41,196	-$8.0M	-$13.8M
ADD	VISA INCORPORATION	V	+19,221	+$6.7M	+$145,118
ADD	MASTERCARD, INC.	MA	+10,879	+$6.2M	+$93,689
REDUCE	CUMMINS INC	CMI	-10,605	-$5.4M	+$5.0M
REDUCE	KLA CORP	KLAC	-4,338	-$5.3M	+$4.9M
REDUCE	D.R. HORTON INC	23331A109	-28,916	-$4.2M	-$4.2M
ADD	CISCO SYSTEMS INCORPORATED	CSCO	+49,081	+$3.8M	+$4.0M

Sector Allocation

Technology

25.5%$355.7M

Healthcare

9.5%$133.1M

Financials

7.7%$107.5M

Consumer Discretionary

5.6%$78.9M

Industrials

5.4%$75.8M

Consumer Staples

4.6%$64.0M

Communication Services

4.6%$63.8M

2.7%$38.2M

1.6%$22.4M

1.5%$20.5M

0.2%$2.9M

Filing History

Feb 5, 202613F HOLDINGS REPORTQ/E Dec 2025225 pos · $1.40B
Nov 6, 202513F HOLDINGS REPORTQ/E Sep 2025280 pos · $1.41B
Jul 29, 202513F HOLDINGS REPORTQ/E Jun 2025308 pos · $1.46B
May 7, 202513F HOLDINGS REPORTQ/E Mar 2025294 pos · $1.36B
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024297 pos · $2.30B
Nov 8, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024298 pos · $2.34B
Nov 1, 202413F HOLDINGS REPORTQ/E Sep 2024299 pos · $2.34B
Jul 31, 202413F HOLDINGS REPORTQ/E Jun 2024293 pos · $2.16B
May 7, 202413F HOLDINGS REPORTQ/E Mar 202475 pos · $1.42B
Nov 8, 202313F HOLDINGS REPORTQ/E Dec 202374 pos · $919.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	APPLE INC.	AAPL	246,884	$67.1M	5.66%
2	MICROSOFT CORPORATION	MSFT	117,205	$56.7M	4.78%
3	ALPHABET INC	GOOG	171,116	$53.6M	4.51%
4	APPLIED MATERIALS, INC.	038222105	164,210	$42.2M	3.56%
5	CISCO SYSTEMS INCORPORATED	CSCO	512,168	$39.5M	3.32%
6	KLA CORP	KLAC	31,583	$38.4M	3.23%
7	META PLATFORMS INC	META	56,992	$37.6M	3.17%
8	INTERNATIONAL BUSINESS MACHINE	INTR	117,968	$34.9M	2.94%
9	ADOBE INC	ADBE	92,754	$32.5M	2.74%
10	NVIDIA CORPORATION	NVDA	173,311	$32.3M	2.72%
11	MASTERCARD, INC.	MA	56,014	$32.0M	2.69%
12	WALT DISNEY CO	254687106	231,511	$26.3M	2.22%
13	HP INC	HPQ	1,159,712	$25.8M	2.18%
14	ROPER TECHNOLOGIES INC	ROP	57,542	$25.6M	2.16%
15	VERIZON COMMUNICATIONS	VZ	624,377	$25.4M	2.14%
16	BANK OF AMERICA CORPORATION	060505104	437,260	$24.0M	2.03%
17	LOWE'S COMPANIES INC.	548661107	98,638	$23.8M	2.00%
18	JPMORGAN CHASE & CO.	VYLD	73,371	$23.6M	1.99%
19	TRAVELERS COMPANIES INC	TRV	81,003	$23.5M	1.98%
20	CUMMINS INC	CMI	45,744	$23.4M	1.97%