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Applied Fundamental Research, LLC

● SEC registered since 2021CRD 167645SEC# 801-121001Cambridge, MA
Export (members)
Ranks #5,500 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$142.9M
Fund GAV
$111.1M
Private funds
2
Employees
5
Accounts
7
Location
Cambridge, MA

Applied Fundamental Research, LLC assets under management

Applied Fundamental Research, LLC is an investment advisory firm registered with the SEC based in Cambridge, MA. The firm has been registered since 2021. It reports $142.9 million in regulatory assets under management and employs 5 people. Applied Fundamental Research, LLC manages 2 private funds with combined gross assets of $111.1 million, including Afr Concentrated Value, LP. By regulatory assets, it ranks 5,500 of 6,004 private fund managers.

Applied Fundamental Research, LLC private funds

2 funds · $111.1M GAV
FundTypeGross assetsMin.
Afr Concentrated Value, LPHedge$98.6M$500K
Afr Value Partners, L.P.Hedge$12.5M$500K

Applied Fundamental Research, LLC owners & executives

3 reported
NameTitleOwnershipSince
Kevin Francis Curran ControlMember25-50%2013
Theodore H. Wagenknecht ControlManager, Member50-75%2013
Theodore H. Wagenknecht ControlCco50-75%2024

Frequently asked questions

How much does Applied Fundamental Research, LLC manage?

Applied Fundamental Research, LLC reports $142.9 million in regulatory assets under management on its Form ADV.

How many private funds does Applied Fundamental Research, LLC manage?

Applied Fundamental Research, LLC manages 2 private funds with combined gross assets of $111.1 million.

How many employees does Applied Fundamental Research, LLC have?

Applied Fundamental Research, LLC reports 5 employees.

Where is Applied Fundamental Research, LLC located?

Applied Fundamental Research, LLC is based in Cambridge, MA and has been SEC-registered since 2021.

Does Applied Fundamental Research, LLC disclose fund performance?

Applied Fundamental Research, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address10 Arrow Street, Cambridge, MA 02138
Phone617-360-7176
Office hours8-5
SEC regionBoston Regional Office (BRO)
Discloses disciplinary historyNo

Regulatory AUM

$142.9M▼ 5%
Mar '25 — $150MApr '25 — $150MMay '25 — $150MJun '25 — $150MJul '25 — $150MAug '25 — $150MSep '25 — $150MOct '25 — $150MNov '25 — $150MDec '25 — $150MJan '26 — $150MFeb '26 — $150MMar '26 — $142.9MApr '26 — $142.9MMay '26 — $142.9MJun '26 — $142.9M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 85%
Larger than 15% of 16,271 advisers
AUM vs fund managersTop 92%
Larger than 8% of 6,004 private-fund managers
Number of fundsTop 63%
More funds than 37% of fund managers
EmployeesTop 62%
More than 38% of 16,825 advisers

Assets under management

$142.9Mregulatory AUM
Discretionary $142.8MNon-discretionary $76K

Service providers