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Institutional Investment Manager
EMERALD ADVISERS, LLC
EMERALD ADVISERS, LLC (CIK: 0001015083) incorporated in Pennsylvania, located at 3175 Oregon Pike, Leola, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 337 holdings with a total value of $1,884,962,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 JARDEN CORP 85,134 4,076,000 0.22%
202 SOUTHWEST AIRLS CO 96,318 4,076,000 0.22%
203 ADAMAS PHARMACEUTICALS INC 240,167 4,172,000 0.22%
204 WEST PHARMACEUTICAL SVSC INC 79,560 4,236,000 0.22%
205 VISHAY INTERTECHNOLOGY INC 317,676 4,495,000 0.24%
206 PRIMORIS SVCS CORP 196,244 4,561,000 0.24%
207 BELLICUM PHARMACEUTICALS INCORPORATED 198,202 4,567,000 0.24%
208 NOODLES AND CO CL A 176,818 4,659,000 0.25%
209 Orrstown FINL Svcs 275,462 4,683,000 0.25%
210 AIRGAS INC 42,140 4,854,000 0.26%
211 CHEGG INC COM 705,981 4,878,000 0.26%
212 URBAN OUTFITTERS INC 139,585 4,904,000 0.26%
213 NATL PENN BANCSHARES INC 466,480 4,910,000 0.26%
214 BLACK DIAMOND INC 562,222 4,919,000 0.26%
215 MIDDLEBY CORP 49,996 4,955,000 0.26%
216 UNIVERSAL HLTH SVCS INC 44,821 4,987,000 0.26%
217 CHRISTOPHER & BANKS CORP 891,166 5,089,000 0.27%
218 DORMAN PRODUCTS INC 105,572 5,096,000 0.27%
219 ULTRAGENYX PHARMACEUTICAL INC COM 117,181 5,142,000 0.27%
220 AFFILIATED MANAGERS GROUP 24,252 5,147,000 0.27%
221 GSV CAP CORP 597,751 5,159,000 0.27%
222 DICKS SPORTING GOODS INC 104,592 5,193,000 0.28%
223 MALIBU BOATS INCORPORATED COM CLASS A 276,685 5,332,000 0.28%
224 HERSHA HOSPITALITY TR 761,209 5,351,000 0.28%
225 ATLAS FINANCIAL HOLDINGS INC SHS NEW 332,952 5,434,000 0.29%
226 BioTelemetry Inc 543,488 5,451,000 0.29%
227 FOSTER L B CO CL A 113,237 5,500,000 0.29%
228 NANOSTRING TECHNOLOGIES INC 402,463 5,606,000 0.30%
229 BOFI HLDG INCORPORATED 73,370 5,709,000 0.30%
230 GTT COMMUNICATIONS INC COM 433,512 5,735,000 0.30%
231 Abaxis Inc 102,593 5,830,000 0.31%
232 ORBCOMM INCORPORATED 891,941 5,833,000 0.31%
233 ATRICURE INC 297,826 5,945,000 0.32%
234 DAVE & BUSTERS ENTMT INC 219,007 5,979,000 0.32%
235 AMERISOURCEBERGEN CORP 66,565 6,002,000 0.32%
236 ENPHASE ENERGY INC 421,586 6,024,000 0.32%
237 ORASURE TECHNOLOGIES INC 603,060 6,115,000 0.32%
238 SANCHEZ ENERGY CORP COM 661,858 6,149,000 0.33%
239 TELEFLEX INC 53,955 6,195,000 0.33%
240 LIGHT & WONDER INC COM 499,339 6,357,000 0.34%
241 PACIFIC PREMIER BANCORP 369,218 6,399,000 0.34%
242 PENNSYLVANIA REAL ESTATE INV 286,158 6,713,000 0.36%
243 CHUYS HLDGS INC COM 342,817 6,743,000 0.36%
244 SELECT MED HLDGS CORP COM 468,678 6,749,000 0.36%
245 AQUA AMERICA INC 257,081 6,864,000 0.36%
246 KORN FERRY COM NEW 244,186 7,023,000 0.37%
247 METHODE ELECTRS INC COM 194,661 7,107,000 0.38%
248 ACTUA CORP 385,525 7,121,000 0.38%
249 INPHI CORPORATION 390,337 7,213,000 0.38%
250 S & T BANCORP INC COM 244,923 7,301,000 0.39%
Page 5 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-15-004980, filed 2015.01.30).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.