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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 (2015Q3)
Portfolio Summary: 331 holdings with a total value of $1,914,708,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 EPAM SYS INC 682,594 50,867,000 2.66%
2 QLIK TECHNOLOGIES INC COM 868,948 31,673,000 1.65%
3 IMPERVA INC 437,854 28,671,000 1.50%
4 JACK IN THE BOX INC 341,398 26,301,000 1.37%
5 MICROSTRATEGY INC CL A NEW 132,701 26,072,000 1.36%
6 APOGEE ENTERPRISES INC COM 582,280 25,999,000 1.36%
7 ACADIA HEALTHCARE COMPANY IN 387,962 25,710,000 1.34%
8 BANK OF THE OZARKS 577,614 25,276,000 1.32%
9 WABTEC 276,413 24,338,000 1.27%
10 VONAGE HLDGS CORP COM 4,083,301 24,010,000 1.25%
11 AMERICAN EAGLE OUTFITTERS IN 1,535,502 24,000,000 1.25%
12 OPUS BK IRVINE CALIF 617,225 23,603,000 1.23%
13 PROOFPOINT INC 385,962 23,281,000 1.22%
14 LENDINGTREE INC NEW COM 246,603 22,941,000 1.20%
15 WELLCARE HEALTH PLANS INC COM 253,070 21,810,000 1.14%
16 VEEVA SYS INC 903,405 21,149,000 1.10%
17 RED ROBIN GOURMET BURGERS INC COM 278,108 21,064,000 1.10%
18 CUSTOMERS BANCORP INC COM 803,378 20,647,000 1.08%
19 FIVE BELOW INC COM 610,923 20,515,000 1.07%
20 WALKER & DUNLOP INC COM 780,885 20,365,000 1.06%
21 MICROSEMI CORP 620,037 20,350,000 1.06%
22 KFORCE INC COM 749,778 19,704,000 1.03%
23 GTT COMMUNICATIONS INC COM 829,387 19,292,000 1.01%
24 RENTRAK CORP 340,636 18,418,000 0.96%
25 CEPHEID 397,374 17,961,000 0.94%
26 TREX CO INC COM 533,341 17,776,000 0.93%
27 SPIRIT AIRLS INC 374,957 17,735,000 0.93%
28 AMICUS THERAPEUTICS INC 1,151,230 16,106,000 0.84%
29 MATTHEWS INTL CORP 315,996 15,474,000 0.81%
30 Marcus & Millichap Inc Com 331,245 15,234,000 0.80%
31 FCB FINL HLDGS INC 466,953 15,232,000 0.80%
32 BURLINGTON STORES INC 293,170 14,963,000 0.78%
33 INTREXON CORP 465,614 14,807,000 0.77%
34 ANSYS 167,879 14,797,000 0.77%
35 IPG PHOTONICS CORP 191,604 14,556,000 0.76%
36 PRIVATEBANCORP INC 372,212 14,267,000 0.75%
37 MADDEN STEVEN LTD COM 388,821 14,239,000 0.74%
38 FIRST NBC BK HLDG CO 405,429 14,206,000 0.74%
39 DAVE & BUSTERS ENTMT INC COM 374,614 14,172,000 0.74%
40 GUIDEWIRE SOFTWARE INC 269,224 14,156,000 0.74%
41 SQBG Inc 954,403 13,810,000 0.72%
42 KNOLL INC 617,965 13,583,000 0.71%
43 ATRICURE INC 612,039 13,410,000 0.70%
44 FARO TECHNOLOGIES INC COM 373,461 13,071,000 0.68%
45 CAVIUM INC 211,687 12,991,000 0.68%
46 GLU MOBILE INC 2,969,330 12,976,000 0.68%
47 CORNERSTONE ONDEMAND INC 373,240 12,317,000 0.64%
48 INTERFACE INC COM 547,387 12,283,000 0.64%
49 CONNECTONE BANCORP INC COM 626,890 12,099,000 0.63%
50 CHEGG INC COM 1,660,892 11,975,000 0.63%
Page 1 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-15-060492, filed 2015.10.23).

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.