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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 (2016Q2)
Original 13F HR (0001144204-16-114836) filed in 2016.07.28
#
Name
Shares
Value ($)
%
Options
Notes
51 PARTY CITY HOLDCO INC COM 26,848 373 0.02%
52 RUDOLPH TECHNOLOGIES INC 27,587 428 0.02%
53 QCR HOLDINGS INC 30,000 816 0.05%
54 COUNTY BANCORP INC 30,814 635 0.04%
55 SUSSEX BANCORP 30,890 413 0.02%
56 LAKELAND FINL CORP 31,077 1,461 0.08%
57 HORIZON PHARMA PLC 31,117 512 0.03%
58 UNITED INS HLDGS CORP 31,441 515 0.03%
59 CARDINAL FINL CORP COM 33,594 737 0.04%
60 First Busey Corp 36,040 771 0.04%
61 GRAY TELEVISION INC COM 37,862 411 0.02%
62 TRIUMPH BANCORP INC 39,610 634 0.04%
63 FEDERATED NATL HLDG CO COM 40,000 762 0.04%
64 INTERCEPT PHARMACEUTICALS INCORPORATED 41,491 5,920 0.33%
65 MAINSOURCE FINANCIAL GP INC 44,420 979 0.05%
66 RENASANT CORP 45,042 1,456 0.08%
67 AMERICAN CAMPUS CMNTYS INC 45,360 2,398 0.13%
68 STERLING BANCORP DEL COM 45,843 720 0.04%
69 MERIDIAN BANCORP INC MD COM 45,870 678 0.04%
70 SOUTHERN FIRST BANCSHARES IN 46,032 1,109 0.06%
71 NICOLET BANKSHARES INC 48,060 1,830 0.10%
72 FIRST LONG IS CORP 48,966 1,404 0.08%
73 Mercer International 49,201 393 0.02%
74 SUNSHINE BANCORP INC 49,746 704 0.04%
75 SPARK THERAPEUTICS INCORPORATED 49,916 2,552 0.14%
76 AMTRUST FINL SVCS INC 50,000 1,225 0.07%
77 INDEPENDENT BK CORP MICH 50,000 726 0.04%
78 JAMES RIVER GROUP HOLDINGS 50,000 1,698 0.10%
79 HIBBETT INC COM 52,760 1,836 0.10%
80 AMERICAN BUSINESS BK LA CALI 53,798 1,471 0.08%
81 XCERRA CORP 60,088 346 0.02%
82 John Marshall Bank 60,120 965 0.05%
83 PACIFIC MERCANTILE BANCORP 60,410 429 0.02%
84 Seacoast Commerce Banc Holding 62,200 973 0.05%
85 UNITY BANCORP INC 62,500 794 0.04%
86 LAKELAND BANCORP INC COM 65,781 749 0.04%
87 SIMMONS 1ST NATL CORP CL A $1 PAR 66,236 3,059 0.17%
88 CEDAR REALTY TRUST INC COM NEW 66,762 496 0.03%
89 CU Bancorp Calif 69,144 1,572 0.09%
90 SIGNATURE BANK 71,512 8,933 0.50%
91 AMERICAN FARMLAND ORD 71,710 433 0.02%
92 Paragon Commercial Corp 75,493 2,642 0.15%
93 PUGET SOUND BANCORP INC 80,000 1,505 0.08%
94 AMERICAN RIVIERA BANK 80,000 864 0.05%
95 FLUSHING FINL CORP 82,750 1,645 0.09%
96 FARMERS NATIONAL BANC CORP 86,853 764 0.04%
97 OLD LINE BANCSHARES INC COM 87,388 1,573 0.09%
98 Mercantile Bank Corp 87,881 2,097 0.12%
99 CHURCHILL DOWNS INC 90,989 11,497 0.64%
100 INDEPENDENCE RLTY TR INC COM 92,800 759 0.04%
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