Data / Investment advisers / Massachusetts / Applied Fundamental Research, LLC
Applied Fundamental Research, LLC, Cambridge, MA: $143 million AUM, SEC registered investment adviser
Applied Fundamental Research, LLC is an SEC registered investment adviser with its main office in Cambridge, Massachusetts and reports $143 million in regulatory assets under management in its Form ADV filed April 6, 2026. Its clients include pooled investment vehicles, charitable organizations and corporations and other businesses. It is paid through a percentage of assets under management and performance based fees. It advises 2 private funds.
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- Registration
- SEC registered investment adviser
- CRD number
- 167645
- SEC file number
- 801-121001
- SEC status
- Approved, effective April 29, 2021
- Main office
- 10 Arrow Street, Cambridge, MA 02138
- Phone
- (617) 360-7176
- Website
- appliedfr.com
- Regulatory AUM
- $142,861,474 in the Form ADV filed April 6, 2026
- Discretionary AUM
- $142,785,742
- Non discretionary AUM
- $75,732
- Accounts
- 7
- Employees
- 5, of which 3 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, performance based fees
- Private funds
- 2: 2 hedge funds
- Gross assets of private funds
- $111,105,333
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- April 6, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 2 | $111.1 million |
| Charitable organizations | 3 | $27.7 million |
| Corporations or other businesses | 3 | $4 million |
| Other investment advisers | 1 | $75,732 |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $142.9 million | March 27, 2026 |
| December 1, 2025 | $150 million | March 26, 2025 |
Other advisers in Cambridge
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Equity Resource Investments, LLC | Cambridge | $1.34 billion | 62 | adviserinfo.sec.gov |
| Pinney & Scofield, Inc. | Cambridge | $858.7 million | Not listed | adviserinfo.sec.gov |
| Clarus Ventures, LLC | Cambridge | $805.6 million | 9 | adviserinfo.sec.gov |
| Fayerweather Management, LLC | Cambridge | $289.6 million | 2 | adviserinfo.sec.gov |
| Etre LLC | Cambridge | $216.8 million | Not listed | adviserinfo.sec.gov |
| Flagship Pioneering, LLC | Cambridge | Not listed | 29 | adviserinfo.sec.gov |
| E14 Management, LLC | Cambridge | Not listed | 16 | adviserinfo.sec.gov |
| Highland Capital Partners | Cambridge | Not listed | 16 | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Cambridge, MA
- Investment advisers in Massachusetts
- Advisers with $100 million to $500 million in AUM
- Advisers serving pooled investment vehicles
- Advisers serving charitable organizations
- Advisers that manage private funds
- Applied Fundamental Research, LLC on the SEC's adviser search
Updated November 7, 2026. Read from the SEC's Form ADV data files for investment advisers. Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.