0000902664-15-004262.txt : 20151116 0000902664-15-004262.hdr.sgml : 20151116 20151116155146 ACCESSION NUMBER: 0000902664-15-004262 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151116 DATE AS OF CHANGE: 20151116 EFFECTIVENESS DATE: 20151116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Emancipation Management LLC CENTRAL INDEX KEY: 0001478861 IRS NUMBER: 020700892 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-16996 FILM NUMBER: 151234090 BUSINESS ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212 605-0661 MAIL ADDRESS: STREET 1: 825 THIRD AVENUE STREET 2: 33RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001478861 XXXXXXXX 09-30-2015 09-30-2015 false Emancipation Management LLC

825 Third Avenue 33rd Floor New York NY 10022

13F HOLDINGS REPORT 028-16996 Y This 13F Report is an aggregate filing for Emancipation Management LLC ("Emancipation") and Circle N Advisors, LLC ("Circle N"), both of which are under common control of Mr. Charles Frumberg. On June 26, 2015, Circle N acquired substantially all of the business assets of NSB Advisors LLC ("NSB"). Holdings formerly reported by NSB are now being reported on this 13F report by Emancipation. Charles Frumberg 212-605-0661 /s/ Charles Frumberg New York NY 11-16-2015 0 45 107022 INFORMATION TABLE 2 infotable.xml APPLE INC COM 037833100 882 8000 SH SOLE 4000 0 4000 BOINGO WIRELESS INC COM 09739C102 2050 247562 SH SOLE 111853 0 135709 BRISTOL MYERS SQUIBB CO COM 110122108 202 3426 SH SOLE 0 0 3426 CECO ENVIRONMENTAL CORP COM 125141101 14000 1709521 SH SOLE 0 0 1709521 CELGENE CORP COM 151020104 19989 18480 SH SOLE 0 0 18480 CISCO SYSTEMS INC COM 17275R102 932 35500 SH SOLE 0 0 35500 EASTERN CO COM 276317104 4800 300022 SH SOLE 0 0 300022 ECOLOGY & ENVIRONMENT INC CLA 278878103 146 12645 SH SOLE 0 0 12645 EXTREME NETWORKS INC COM 30226D106 2700 803602 SH SOLE 400000 0 403602 GLOBAL EAGLE ENTMT INC COM 37951D102 2593 225863 SH SOLE 100863 0 125000 GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 3278 893215 SH SOLE 0 0 893215 GRAHAM CORP COM 384556106 1077 61035 SH SOLE 0 0 61035 GREAT LAKES DREDGE & DOCK CO COM 390607109 201 40000 SH SOLE 0 0 40000 GSE SYS INC COM 36227k106 226 152064 SH SOLE 0 0 152064 I D SYSTEMS INC COM 449489103 4082 1271794 SH SOLE 743510 0 528284 INCONTACT INC COM 45336E109 1671 222521 SH SOLE 100000 0 122521 INTERACTIVE INTELLIGENCE GRO COM 45841V109 1276 42951 SH SOLE 20223 0 22728 INTERNATIONAL BUSINESS MACHS COM 459200101 889 6141 SH SOLE 0 0 6141 INTRALINKS HLDGS INC COM 46118H104 693 83592 PRN SOLE 27572 0 56020 JOHNSON & JOHNSON COM 478160104 451 4840 SH SOLE 0 0 4840 LEXMARK INTL NEW CLA 529771107 771 26600 SH SOLE 10800 0 15800 LILLY ELI K CO COM 532457108 348 4164 SH SOLE 0 0 4164 LIVEPERSON INC COM 538146101 1004 132864 SH SOLE 65800 0 67064 M & T BK CORP COM 55261F104 721 5919 SH SOLE 0 0 5919 MAGICJACK VOCALTEC LTD SHS M6787E101 1622 182014 SH SOLE 88983 0 93031 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 1861 135557 SH SOLE 0 0 135557 MERCK & CO INC NEW COM 58933Y105 402 8150 SH SOLE 0 0 8150 MICROSOFT CORP COM 594918104 2955 66787 SH SOLE 30000 0 36787 MODEL N INC COM 607525102 544 54386 SH SOLE 27600 0 26786 NAVIGATOR HOLDINGS LTD SHS Y62132108 6179 462875 SH SOLE 0 0 462875 NORTH EUROPEAN OIL RTY TR SH BEN INT 659310106 131 13257 SH SOLE 0 0 13257 NUMEREX CORP PA CL A 67053A102 3048 349927 SH SOLE 174972 0 174955 PRECISION CASTPARTS CORP COM 740189105 689 3000 SH SOLE 0 0 3000 PROCTER & GAMBLE CO COM 742718109 556 7739 SH SOLE 0 0 7739 PROSHARES TR PSHS ULSHT SP500 74347B300 557 23963 SH SOLE 0 0 23963 QAD INC CL A 74727D306 362 14145 SH SOLE 14145 0 0 RAND CAP CORP COM 752185108 887 231735 SH SOLE 0 0 231735 SEACHANGE INTL INC COM 811699107 74 11800 SH SOLE 0 0 11800 SERVICESOURCE INTL LLC NOTE 1.500% 8/0 81763UAB6 3320 4000000 SH SOLE 2000000 0 2000000 SIZMEK INC COM 83013P105 1438 240000 SH SOLE 175000 0 65000 TRANSCAT INC COM 893529107 12767 1309509 SH SOLE 175000 0 1309509 UNITED STATES LIME & MINERAL COM 911922102 1301 28510 SH SOLE 0 0 28510 UNION PAC CORP COM 907818108 333 3772 SH SOLE 0 0 3772 VONAGE HLDGS CORP COM 92886T201 2258 383974 SH SOLE 196100 0 187874 YUME INC COM 98872B104 756 291926 SH SOLE 160021 0 131905