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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 Commerce Union Bancshares Inc 17,052 338,000 0.02%
252 HOME BANCORP INC 11,680 327,000 0.02%
253 SOUTHWEST AIRLS CO 8,046 313,000 0.02%
254 Mid Penn Bancorp Inc 15,773 307,000 0.02%
255 Big Lots Inc 6,133 293,000 0.01%
256 NN Inc Com 16,034 293,000 0.01%
257 S&P GLOBAL INC 2,259 286,000 0.01%
258 ZAGG INCORPORATED 34,762 282,000 0.01%
259 ICF INTL INC COM 6,242 277,000 0.01%
260 SOUTHERN NATL BANCORP OF VA COM 20,598 269,000 0.01%
261 WEBSITE PROS INC COM 15,141 261,000 0.01%
262 MIDDLEBY CORP 2,101 260,000 0.01%
263 WABTEC CORP 3,142 257,000 0.01%
264 INCYTE CORP 2,574 243,000 0.01%
265 SKYWORKS SOLUTIONS INC 3,077 234,000 0.01%
266 VULCAN MATLS CO 1,970 224,000 0.01%
267 CINEMARK HOLDINGS INC 5,818 223,000 0.01%
268 PALO ALTO NETWORKS INC 1,373 219,000 0.01%
269 FOOT LOCKER INC 3,205 217,000 0.01%
270 MONSTER BEVERAGE CORP NEW 1,476 217,000 0.01%
271 NATIONAL CAPITAL BANK OF WASHINGTON 1,316 217,000 0.01%
272 SBA COMMUNICATIONS CORP 1,911 214,000 0.01%
273 Alliance Data Systems 982 211,000 0.01%
274 AFFILIATED MNGRS 1,451 210,000 0.01%
275 INTUIT 1,861 205,000 0.01%
276 Black Knight Financial Services Inc 5,000 205,000 0.01%
277 SIX FLAGS ENTMT CORP NEW 3,775 202,000 0.01%
278 CROWN HOLDINGS INC 3,528 201,000 0.01%
279 HOPFED BANCORP INC 16,003 179,000 0.01%
280 BUILDERS FIRSTSOURCE 14,348 165,000 0.01%
281 ON SEMICONDUCTOR CORP 12,658 156,000 0.01%
282 DIVERSIFIED RSTRNT HLDGS INC COM 59,674 69,000 0.00%
283 ZYNGA INC 22,339 65,000 0.00%
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.