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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 (2016Q3)
Portfolio Summary: 283 holdings with a total value of $1,964,630,000.
#
Name
Shares
Value ($)
%
Options
Notes
251 MASONITE INTL CORP NEW COM 281,245 17,485,000 0.89%
252 MATTHEWS INTL CORP 292,606 17,779,000 0.90%
253 CIENA CORP COM NEW 829,614 18,086,000 0.92%
254 PACIFIC PREMIER BANCORP 693,792 18,358,000 0.93%
255 NEXSTAR MEDIA GROUP INC 319,189 18,420,000 0.94%
256 LUMENTUM HLDGS INC 448,751 18,744,000 0.95%
257 ULTRAGENYX PHARMACEUTICAL INC COM 264,546 18,767,000 0.96%
258 TUTOR PERINI CORP 875,503 18,797,000 0.96%
259 MADDEN STEVEN LTD COM 554,085 19,149,000 0.97%
260 CHURCHILL DOWNS INC 136,202 19,933,000 1.01%
261 GTT COMMUNICATIONS INC COM 866,351 20,385,000 1.04%
262 BOFI HLDG INC 938,848 21,030,000 1.07%
263 JACK IN THE BOX INC 222,193 21,317,000 1.09%
264 PROOFPOINT INC 285,569 21,375,000 1.09%
265 CAVIUM INC 367,523 21,390,000 1.09%
266 BLUEBIRD BIO INCORPORATED 323,863 21,951,000 1.12%
267 Education Realty Trust Inc 521,602 22,502,000 1.15%
268 FIVE BELOW INC COM 560,319 22,575,000 1.15%
269 FCB FINL HLDGS INC 597,171 22,949,000 1.17%
270 QTS RLTY TR INC 438,321 23,165,000 1.18%
271 TREX CO INC COM 410,445 24,101,000 1.23%
272 MICROSTRATEGY INC CL A NEW 152,058 25,461,000 1.30%
273 INSTALLED BLDG PRODS INC COM 715,344 25,659,000 1.31%
274 BURLINGTON STORES INC 318,592 25,812,000 1.31%
275 EPAM SYS INC 372,477 25,816,000 1.31%
276 MICROSEMI CORP 692,666 29,078,000 1.48%
277 APOGEE ENTERPRISES INC 651,371 29,110,000 1.48%
278 LENDINGTREE INC NEW COM 304,839 29,542,000 1.50%
279 8X8 INC NEW COM 2,009,886 31,013,000 1.58%
280 VONAGE HLDGS CORP COM 4,724,894 31,232,000 1.59%
281 OPUS BK IRVINE CALIF 968,840 34,268,000 1.74%
282 BANK OF THE OZARKS INC 1,055,086 40,515,000 2.06%
283 VEEVA SYS INC 1,042,399 43,030,000 2.19%
Page 6 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144204-16-129841, filed 2016.10.27).

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.