Dark
Light
System
Institutional Investment Manager
EMERALD MUTUAL FUND ADVISERS TRUST
EMERALD MUTUAL FUND ADVISERS TRUST (CIK: 0001352895) incorporated in Delaware, located at 3175 Oregon Pike, Leola, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Original 13F HR (0001144204-15-005027) filed in 2015.01.30
#
Name
Shares
Value ($)
%
Options
Notes
151 META FINL GROUP INCORPORATED 29,870 1,047 0.09%
152 EVERBANK FINL CORP 51,345 979 0.08%
153 FEDERATED NATL HLDG CO COM 40,000 966 0.08%
154 PINNACLE FINL PARTNERS INC 24,300 961 0.08%
155 COMMUNITYONE BANCORP COM 83,874 960 0.08%
156 ETHAN ALLEN INTERIORS INC COM 29,250 906 0.08%
157 EAST WEST BANCORP INC 23,220 899 0.08%
158 ATLANTIC COAST FINL CORP 225,594 896 0.08%
159 AMERICAN BUSINESS BK LA CALI 30,639 851 0.07%
160 NEFF CORP 75,000 845 0.07%
161 ELMIRA SVGS BK ELMIRA N Y COM 36,162 832 0.07%
162 CommerceWest Bank 89,500 806 0.07%
163 CASS INFORMATION SYS INC COM 15,022 800 0.07%
164 SHORE BANCSHARES INC 84,050 785 0.07%
165 CASCADE BANCORP 150,670 782 0.07%
166 Royal Bancshares of Pennsylvania, Inc. 481,505 775 0.07%
167 TEXAS CAPITAL BANCSHARES INC 14,120 767 0.07%
168 INVESTORS BANCORP INC NEW 67,294 755 0.07%
169 FARMERS NATIONAL BANC CORP 86,853 725 0.06%
170 HEICO CORP NEW 11,760 710 0.06%
171 Silvercrest Asset Management G 45,204 707 0.06%
172 VERITEX HLDGS INC 48,727 690 0.06%
173 UNITED INS HLDGS CORP 31,441 690 0.06%
174 INDEPENDENT BK CORP MASS COM 15,250 653 0.06%
175 INDEPENDENT BK CORP MICH 50,000 653 0.06%
176 FIRST FINL BANKSHARES INC COM 21,290 636 0.06%
177 GREENHILL & CO INC COM 14,430 629 0.05%
178 INVESTAR HLDG CORP 44,795 620 0.05%
179 WESTERN ALLIANCE BANCORP 20,584 572 0.05%
180 BRYN MAWR BK CORP 18,290 572 0.05%
181 OSI SYSTEMS INC COM 7,780 551 0.05%
182 WEST PHARMACEUTICAL SVSC INC 10,240 545 0.05%
183 SEACOAST COMMERCE BANK 44,200 533 0.05%
184 MERIDIAN BANCORP INC MD COM 45,870 515 0.04%
185 ON DECK CAP INC 22,430 503 0.04%
186 Dicerna Pharmaceuticals 30,490 502 0.04%
187 ASPEN TECHNOLOGY INC 14,140 495 0.04%
188 EVERCORE PARTNERS INC 8,960 469 0.04%
189 LEMAITRE VASCULAR INC 57,029 436 0.04%
190 MACKINAC FINL CORP 36,429 432 0.04%
191 SUN BANCORP INC COM NEW 21,955 426 0.04%
192 PEOPLES FINL CORP MISS 33,413 416 0.04%
193 CITIZENS FINL SVCS INC 7,646 410 0.04%
194 BANCORP INC DEL COM 37,300 406 0.04%
195 FIRST BK WILLIAMSTOWN NEW JE 65,100 406 0.04%
196 FIRST BANCORP N C 21,820 403 0.03%
197 FIRST CAPITAL BANCORP VA 90,134 397 0.03%
198 RENASANT CORP 12,860 372 0.03%
199 HOME FED BANCORP INC LA NEW 18,520 361 0.03%
200 Southern Missouri Bancorp Inc 8,582 326 0.03%
Page 4 of 5