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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 ZS PHARMA INC 136,924 5,692 0.49%
2 ZIOPHARM ONCOLOGY INC 224,294 1,137 0.10%
3 ZAFGEN INC COM 35,000 1,079 0.09%
4 WESTERN ALLIANCE BANCORP 20,584 572 0.05%
5 WEST PHARMACEUTICAL SVSC INC 10,240 545 0.05%
6 WESCO INTL INC 94,531 7,204 0.63%
7 WELLCARE HEALTH PLANS INC 135,710 11,136 0.97%
8 WASHINGTONFIRST BANKSHARES I 87,675 1,327 0.12%
9 VONAGE HLDGS CORP 592,466 2,257 0.20%
10 VIRGIN AMERICA ORD 157,400 6,808 0.59%
11 VERITEX HLDGS INC 48,727 690 0.06%
12 UNITED INS HLDGS CORP 31,441 690 0.06%
13 ULTRAGENYX PHARMACEUTICAL INC COM 93,105 4,085 0.35%
14 ULTIMATE SOFTWARE GROUP INCORPORATED 88,882 13,049 1.13%
15 TUTOR PERINI CORP 507,806 12,223 1.06%
16 TREX CO INC COM 376,745 16,042 1.39%
17 TREE.COM INC 27,087 1,309 0.11%
18 TILLYS INC CL A 347,589 3,368 0.29%
19 TEXAS CAPITAL BANCSHARES INC 14,120 767 0.07%
20 TENNANT CO 97,908 7,066 0.61%
21 TALMER BANCORP INC 657,066 9,225 0.80%
22 Sun Bancorp Inc/NJ 21,955 426 0.04%
23 Southern Missouri Bancorp Inc 8,582 326 0.03%
24 Silvercrest Asset Management G 45,204 707 0.06%
25 ServisFirst Bancshares Inc 80,016 2,637 0.23%
26 SVB FINANCIAL GROUP 28,360 3,292 0.29%
27 SUSSEX BANCORP 30,890 315 0.03%
28 STONEGATE BANK 55,007 1,629 0.14%
29 STERLING BANCORP DEL COM 159,583 2,295 0.20%
30 SQUARE INC A 416,776 10,294 0.89%
31 SQBG Inc 637,100 8,327 0.72%
32 SPIRIT AIRLS INC 411,609 31,109 2.70%
33 SOUTHSIDE BANCSHARES INC 10,430 302 0.03%
34 SOUTHERN NATL BANCORP OF VA COM 20,598 234 0.02%
35 SOUTH STATE CORP COM USD2.5 18,257 1,225 0.11%
36 SIMMONS 1ST NATL CORP CL A $1 PAR 31,940 1,298 0.11%
37 SIGNATURE BANK 29,915 3,768 0.33%
38 SIENTRA INC 187,697 3,151 0.27%
39 SHORE BANCSHARES INC COM 84,050 785 0.07%
40 SEACOAST COMMERCE BANK 44,200 533 0.05%
41 SANCHEZ ENERGY CORP COM 376,031 3,493 0.30%
42 Royal Bancshares of Pennsylvania, Inc. 481,505 775 0.07%
43 ROADRUNNER TRANSHOLDINGS INC 106,665 2,491 0.22%
44 RENASANT CORP 12,860 372 0.03%
45 REIS INC 70,027 1,833 0.16%
46 RED ROBIN GOURMET BURGERS INC COM 196,006 15,088 1.31%
47 QLIK TECHNOLOGIES INC COM 488,198 15,080 1.31%
48 PUMA BIOTECHNOLOGY 43,533 8,239 0.72%
49 PROTO LABS INC COM 107,583 7,225 0.63%
50 PROOFPOINT INC 414,898 20,011 1.74%
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