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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
1 8X8 INC NEW COM 878,877 8,051 0.70%
2 ACADIA COMPANY COM 354,992 21,729 1.89%
3 ACUITY BRANDS INC 72,040 10,091 0.88%
4 ADAMAS PHARMACEUTICALS INC 211,874 3,680 0.32%
5 ADEPT TECHNOLOGY INC 306,853 2,663 0.23%
6 ALERUS FINANCIAL CORP 111,600 2,204 0.19%
7 ALNYLAM PHARMACEUTICALS INC 166,368 16,138 1.40%
8 AMERICAN BUSINESS BK LA CALI 30,639 851 0.07%
9 AMERIS BANCORP 94,090 2,412 0.21%
10 AMTRUST FINL SVCS INC 388,650 21,862 1.90%
11 APOGEE ENTERPRISES INC COM 399,451 16,925 1.47%
12 ARC DOCUMENT SOLUTIONS INC COM 624,044 6,378 0.55%
13 ASPEN TECHNOLOGY COM USD0.10 14,140 495 0.04%
14 ASTRONICS CORP 205,404 11,361 0.99%
15 ATLANTIC COAST FINL CORP 225,594 896 0.08%
16 ATLAS FINANCIAL HOLDINGS INC SHS NEW 73,450 1,199 0.10%
17 ATRICURE INC 251,359 5,017 0.44%
18 Abaxis Inc 83,320 4,735 0.41%
19 BANCORP INC DEL COM 37,300 406 0.04%
20 BANK OF THE OZARKS INC 741,790 28,129 2.44%
21 BANKUNITED INC 87,453 2,534 0.22%
22 BELLICUM PHARMACEUTICALS INCORPORATED 167,210 3,853 0.33%
23 BLACK DIAMOND INC 471,492 4,126 0.36%
24 BLUEBIRD BIO INC COM 174,070 15,966 1.39%
25 BNC BANCORP 95,070 1,636 0.14%
26 BOFI HLDG INCORPORATED 71,284 5,547 0.48%
27 BRIDGE CAP HLDGS 11,750 263 0.02%
28 BRUNSWICK CORP 309,082 15,844 1.38%
29 BRYN MAWR BK CORP 18,290 572 0.05%
30 Bridge Bancorp Inc 46,950 1,256 0.11%
31 C1 FINL INC COM 80,000 1,463 0.13%
32 CALIFORNIA REPBANCORP COM 238,489 6,439 0.56%
33 CASCADE BANCORP 150,670 782 0.07%
34 CASS INFORMATION SYS INC COM 15,022 800 0.07%
35 CAVIUM INC 173,403 10,720 0.93%
36 CHANNELADVISOR CORP COM 519,769 11,217 0.97%
37 CHEGG INC COM 551,720 3,812 0.33%
38 CHRISTOPHER & BANKS CORP 792,099 4,523 0.39%
39 CHUYS HLDGS INC COM 302,715 5,954 0.52%
40 COMMUNITY NATL BKGREAT NECK NEW YORKCOM 13,800 110 0.01%
41 COMMUNITYONE BANCORP COM 83,874 960 0.08%
42 CONNECTONE BANCORP INC COM 568,744 10,806 0.94%
43 CU Bancorp Calif 58,710 1,273 0.11%
44 CUSTOMERS BANCORP INC COM 394,757 7,682 0.67%
45 Citizens Financial Services In 7,646 410 0.04%
46 CoBiz Financial Inc 945,309 12,412 1.08%
47 CommerceWest Bank 89,500 806 0.07%
48 DAVE & BUSTERS ENTMT INC 172,177 4,700 0.41%
49 DEPHEID 285,828 15,475 1.34%
50 DEPOMED INC 647,096 10,425 0.90%
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