Emerald Mutual Fund Advisers, Trust

Emerald Mutual Fund Advisers Trust as of Sept. 30, 2014

Portfolio Holdings for Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust holds 217 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spirit Airlines (SAVE) 2.7 $28M 411k 69.14
MWI Veterinary Supply 2.6 $27M 180k 148.40
Bank of the Ozarks 2.2 $23M 742k 31.52
Acadia Healthcare (ACHC) 1.9 $20M 404k 48.50
Opus Bank 1.8 $19M 617k 30.63
Jack in the Box (JACK) 1.6 $17M 252k 68.19
FARO Technologies (FARO) 1.6 $17M 337k 50.75
Alnylam Pharmaceuticals (ALNY) 1.6 $17M 212k 78.10
Amtrust Financial Services 1.6 $16M 407k 39.82
Apogee Enterprises (APOG) 1.4 $15M 378k 39.80
Proofpoint 1.4 $15M 406k 37.14
Homeaway 1.4 $15M 421k 35.50
First Nbc Bank Holding 1.4 $15M 443k 32.75
PolyOne Corporation 1.4 $14M 401k 35.58
H&E Equipment Services (HEES) 1.3 $14M 345k 40.28
Microsemi Corporation 1.3 $14M 538k 25.41
Tutor Perini Corporation (TPC) 1.3 $13M 508k 26.40
PacWest Ban 1.3 $13M 322k 41.23
Qlik Technologies 1.3 $13M 486k 27.04
Trex Company (TREX) 1.2 $13M 377k 34.57
Primoris Services (PRIM) 1.2 $13M 478k 26.84
Epam Systems (EPAM) 1.2 $13M 292k 43.79
Ultimate Software 1.2 $13M 88k 141.50
Kforce (KFRC) 1.1 $12M 612k 19.57
Us Silica Hldgs (SLCA) 1.1 $12M 190k 62.51
Fcb Financial Holdings-cl A 1.1 $12M 525k 22.71
IPG Photonics Corporation (IPGP) 1.1 $12M 168k 68.78
Roadrunner Transportation Services Hold. 1.1 $12M 506k 22.79
Cepheid 1.1 $11M 259k 44.03
Red Robin Gourmet Burgers (RRGB) 1.1 $11M 196k 56.90
Imperva 1.0 $11M 379k 28.73
CoBiz Financial 1.0 $11M 945k 11.18
Glu Mobile 1.0 $10M 2.0M 5.17
NPS Pharmaceuticals 1.0 $10M 391k 26.00
Multimedia Games 1.0 $10M 279k 36.01
DepoMed 0.9 $9.8M 647k 15.19
Chuys Hldgs (CHUY) 0.9 $9.5M 303k 31.39
Ldr Hldg 0.9 $9.3M 298k 31.13
Brunswick Corporation (BC) 0.9 $9.2M 219k 42.14
Talmer Ban 0.9 $9.1M 661k 13.83
Evercore Partners (EVR) 0.9 $9.0M 192k 47.00
Diamondback Energy (FANG) 0.9 $9.0M 120k 74.78
Penn Virginia Corporation 0.8 $8.9M 701k 12.71
WESCO International (WCC) 0.8 $8.9M 114k 78.26
ISIS Pharmaceuticals 0.8 $8.9M 228k 38.83
Cavium 0.8 $8.6M 173k 49.73
Bluebird Bio (BLUE) 0.8 $8.6M 239k 35.88
Acuity Brands (AYI) 0.8 $8.3M 71k 117.71
Square 1 Financial 0.8 $8.1M 420k 19.23
Timkensteel (MTUS) 0.8 $8.0M 172k 46.49
Connectone Banc (CNOB) 0.8 $8.1M 424k 19.05
Christopher & Banks Corporation (CBKCQ) 0.8 $7.8M 792k 9.89
MarineMax (HZO) 0.7 $7.7M 457k 16.85
Methode Electronics (MEI) 0.7 $7.4M 200k 36.87
Astronics Corporation (ATRO) 0.7 $7.4M 155k 47.68
Portola Pharmaceuticals 0.7 $7.2M 284k 25.28
Customers Ban (CUBI) 0.7 $7.1M 395k 17.96
Epizyme 0.7 $6.8M 251k 27.11
Tennant Company (TNC) 0.6 $6.6M 98k 67.09
Inphi Corporation 0.6 $6.2M 432k 14.38
WellCare Health Plans 0.6 $6.1M 101k 60.34
Pacific Premier Ban (PPBI) 0.6 $6.0M 430k 14.05
Intrexon 0.6 $6.0M 324k 18.58
8x8 (EGHT) 0.6 $6.0M 891k 6.68
Greenhill & Co 0.6 $5.8M 125k 46.49
Magnum Hunter Resources Corporation 0.6 $5.9M 1.1M 5.57
Puma Biotechnology (PBYI) 0.6 $5.7M 24k 238.58
Horizon Pharma 0.5 $5.6M 458k 12.28
California Republic Ban 0.5 $5.6M 211k 26.50
Five Below (FIVE) 0.5 $5.6M 141k 39.61
Inogen (INGN) 0.5 $5.5M 268k 20.61
K2m Group Holdings 0.5 $5.5M 382k 14.43
Forum Energy Technolo 0.5 $5.3M 173k 30.61
Zs Pharma 0.5 $5.3M 136k 39.23
Applied Optoelectronics (AAOI) 0.5 $5.3M 327k 16.10
Guidewire Software (GWRE) 0.5 $5.1M 115k 44.34
Proto Labs (PRLB) 0.5 $5.1M 74k 69.00
Scientific Games (LNW) 0.5 $5.1M 469k 10.77
Neurocrine Biosciences (NBIX) 0.5 $4.8M 304k 15.67
Moelis & Co (MC) 0.5 $4.8M 142k 34.15
Korn/Ferry International (KFY) 0.5 $4.7M 187k 24.90
Sequential Brands 0.5 $4.7M 372k 12.50
Sarepta Therapeutics (SRPT) 0.4 $4.6M 218k 21.10
Malibu Boats (MBUU) 0.4 $4.6M 249k 18.52
Macrogenics (MGNX) 0.4 $4.4M 211k 20.90
MicroStrategy Incorporated (MSTR) 0.4 $4.3M 33k 130.85
Kate Spade & Co 0.4 $4.3M 163k 26.23
Channeladvisor 0.4 $4.2M 256k 16.40
Nanostring Technologies (NSTGQ) 0.4 $4.2M 381k 10.94
Orbcomm 0.4 $4.1M 706k 5.75
Abaxis 0.4 $4.0M 78k 50.72
NN (NNBR) 0.4 $3.8M 141k 26.72
4068594 Enphase Energy (ENPH) 0.4 $3.7M 249k 14.99
Ovascience 0.3 $3.7M 221k 16.60
Knoll 0.3 $3.6M 207k 17.31
Independent Bank (IBTX) 0.3 $3.6M 75k 47.46
Black Diamond 0.3 $3.5M 462k 7.56
Chegg (CHGG) 0.3 $3.4M 552k 6.24
Signature Bank (SBNY) 0.3 $3.3M 30k 112.05
CalAmp 0.3 $3.4M 191k 17.62
Tillys (TLYS) 0.3 $3.4M 447k 7.52
Everyday Health 0.3 $3.3M 236k 13.97
AtriCure (ATRC) 0.3 $3.2M 219k 14.72
Adamas Pharmaceuticals 0.3 $3.2M 173k 18.62
SVB Financial (SIVBQ) 0.3 $3.2M 28k 112.08
PDF Solutions (PDFS) 0.3 $3.1M 245k 12.61
Pixelworks (PXLW) 0.3 $3.0M 458k 6.46
Biosante Pharmaceuticals (ANIP) 0.3 $2.9M 104k 28.28
Peoples Ban (PEBO) 0.3 $2.7M 116k 23.75
Vonage Holdings 0.3 $2.7M 814k 3.28
Inventure Foods 0.3 $2.7M 208k 12.96
Bankunited (BKU) 0.3 $2.7M 88k 30.48
Old Second Ban (OSBC) 0.2 $2.6M 533k 4.81
Adept Technology 0.2 $2.6M 307k 8.41
Auspex Pharmaceuticals 0.2 $2.6M 102k 25.67
Diversified Restaurant Holdi 0.2 $2.6M 519k 4.92
Eagle Ban (EGBN) 0.2 $2.4M 77k 31.82
Ultragenyx Pharmaceutical (RARE) 0.2 $2.4M 42k 56.59
Heron Therapeutics (HRTX) 0.2 $2.4M 290k 8.33
Cambrex Corporation 0.2 $2.3M 124k 18.68
Icad (ICAD) 0.2 $2.3M 231k 9.85
Alerus Finl (ALRS) 0.2 $2.3M 112k 20.57
Ameris Ban (ABCB) 0.2 $2.1M 94k 21.95
Flagstar Ban 0.2 $2.1M 126k 16.83
Ladder Capital Corp Class A (LADR) 0.2 $2.1M 110k 18.90
South State Corporation (SSB) 0.2 $2.0M 37k 55.91
Reis 0.2 $1.8M 78k 23.59
Howard Ban 0.2 $1.8M 178k 10.35
Hilltop Holdings (HTH) 0.2 $1.8M 88k 20.05
Heritage Financial Corporation (HFWA) 0.2 $1.6M 103k 15.84
Gsv Cap Corp 0.1 $1.5M 154k 10.01
Home BancShares (HOMB) 0.1 $1.5M 51k 29.40
Astronics Corporation (ATROB) 0.1 $1.5M 31k 47.49
BNC Ban 0.1 $1.5M 95k 15.66
United Ins Hldgs (ACIC) 0.1 $1.5M 98k 15.00
C1 Financial 0.1 $1.4M 80k 18.12
Washingtonfirst Bankshares, In c 0.1 $1.3M 88k 15.00
Sterling Bancorp 0.1 $1.3M 105k 12.79
PrivateBan 0.1 $1.2M 40k 29.92
Simmons First National Corporation (SFNC) 0.1 $1.2M 32k 38.51
Commercewest Bank Na 0.1 $1.3M 90k 14.00
First Business Financial Services (FBIZ) 0.1 $1.3M 29k 43.91
Diamond Resorts International 0.1 $1.2M 54k 22.76
First Financial Bankshares (FFIN) 0.1 $1.2M 42k 27.80
Old Line Bancshares 0.1 $1.1M 74k 15.47
First Sec Group 0.1 $1.1M 561k 1.98
Federated National Holding C 0.1 $1.1M 40k 28.10
Texas Capital Bancshares (TCBI) 0.1 $1.1M 19k 57.67
Meta Financial (CASH) 0.1 $1.1M 30k 35.25
Stonegate Bk Ft Lauderdale 0.1 $1.1M 43k 25.76
Servisfirst Bancshares (SFBS) 0.1 $995k 35k 28.81
Tree 0.1 $972k 27k 35.88
Rex Energy Corporation 0.1 $914k 72k 12.67
First of Long Island Corporation (FLIC) 0.1 $901k 26k 34.46
Bridge Ban 0.1 $911k 39k 23.66
Atlantic Coast Financial Cor 0.1 $920k 226k 4.08
Everbank Finl 0.1 $907k 51k 17.66
Marinus Pharmaceuticals 0.1 $935k 145k 6.47
East West Ban (EWBC) 0.1 $789k 23k 33.98
Pinnacle Financial Partners (PNFP) 0.1 $877k 24k 36.09
Elmira Savings Bank 0.1 $805k 36k 22.26
American Business Bank (AMBZ) 0.1 $784k 26k 30.71
Cu Bancorp Calif 0.1 $876k 47k 18.80
Southside Bancshares (SBSI) 0.1 $745k 22k 33.23
Marcus Corporation (MCS) 0.1 $744k 47k 15.79
Shore Bancshares (SHBI) 0.1 $756k 84k 8.99
Motorcar Parts of America (MPAA) 0.1 $680k 25k 27.20
Cascade Bancorp 0.1 $761k 151k 5.05
Royal Bancshares of Pennsylvania 0.1 $775k 482k 1.61
Farmers Natl Banc Corp (FMNB) 0.1 $694k 87k 7.99
Communityone Ban 0.1 $740k 84k 8.82
Physicians Realty Trust 0.1 $727k 53k 13.71
Investors Ban 0.1 $682k 67k 10.13
Zafgen 0.1 $688k 35k 19.66
CenterState Banks 0.1 $626k 61k 10.35
Cass Information Systems (CASS) 0.1 $622k 15k 41.41
Heritage Oaks Ban 0.1 $676k 97k 7.00
Independent Bank Corporation (IBCP) 0.1 $596k 50k 11.92
Silvercrest Asset Mgmt Groupcl (SAMG) 0.1 $667k 49k 13.61
Western Alliance Bancorporation (WAL) 0.1 $492k 21k 23.90
HEICO Corporation (HEI) 0.1 $549k 12k 46.68
OSI Systems (OSIS) 0.1 $494k 7.8k 63.50
West Pharmaceutical Services (WST) 0.1 $548k 12k 44.77
Independent Bank (INDB) 0.1 $545k 15k 35.74
Aspen Technology 0.1 $533k 14k 37.69
Bryn Mawr Bank 0.1 $518k 18k 28.32
Northeast Bancorp 0.1 $483k 52k 9.26
Arc Document Solutions (ARC) 0.1 $561k 69k 8.10
Marcus & Millichap (MMI) 0.1 $549k 18k 30.26
Meridian Ban 0.1 $484k 46k 10.55
Prosperity Bancshares (PB) 0.0 $457k 8.0k 57.12
Heritage Financial 0.0 $433k 22k 20.18
Mackinac Financial Corporation 0.0 $412k 36k 11.31
WisdomTree Investments (WT) 0.0 $400k 35k 11.38
Citizens Financial Services (CZFS) 0.0 $405k 7.6k 52.97
Peoples Financial Corporation (PFBX) 0.0 $442k 33k 13.23
First Capital Ban 0.0 $401k 90k 4.45
Atlas Financial Holdings (AFHIF) 0.0 $415k 30k 13.83
First Bank (FRBA) 0.0 $400k 65k 6.14
Seacoast Commerce Bank 0.0 $444k 44k 10.05
Ban (TBBK) 0.0 $320k 37k 8.58
Renasant (RNST) 0.0 $348k 13k 27.06
Bridge Capital Holdings 0.0 $267k 12k 22.72
Home Ban (HBCP) 0.0 $265k 12k 22.69
First Ban (FBNC) 0.0 $350k 22k 16.04
Sussex Ban 0.0 $303k 31k 9.81
Southern Missouri Ban (SMBC) 0.0 $308k 8.6k 35.89
Home Fed Bancorp Inc La (HFBL) 0.0 $357k 19k 19.28
Guaranty Bancorp Del 0.0 $304k 23k 13.51
John Marshall Bank 0.0 $268k 15k 18.23
Sun Bancorp Inc New Jers 0.0 $279k 15k 18.09
Flushing Financial Corporation (FFIC) 0.0 $228k 13k 18.24
BofI Holding 0.0 $235k 3.2k 72.64
HopFed Ban 0.0 $184k 16k 11.50
Southern National Banc. of Virginia 0.0 $239k 21k 11.60
1st Enterprise Bank 0.0 $225k 9.0k 25.00
Ekso Bionics Holdings Inc common 0.0 $126k 150k 0.84