0001144204-19-022730.txt : 20190501 0001144204-19-022730.hdr.sgml : 20190501 20190501101757 ACCESSION NUMBER: 0001144204-19-022730 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190501 DATE AS OF CHANGE: 20190501 EFFECTIVENESS DATE: 20190501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMERALD MUTUAL FUND ADVISERS TRUST CENTRAL INDEX KEY: 0001352895 IRS NUMBER: 202531403 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11623 FILM NUMBER: 19785290 BUSINESS ADDRESS: STREET 1: 3175 OREGON PIKE CITY: LEOLA STATE: PA ZIP: 17540 BUSINESS PHONE: 717-556-8900 MAIL ADDRESS: STREET 1: 3175 OREGON PIKE CITY: LEOLA STATE: PA ZIP: 17540 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001352895 XXXXXXXX 03-31-2019 03-31-2019 false EMERALD MUTUAL FUND ADVISERS TRUST
3175 Oregon Pike Leola PA 17540
13F HOLDINGS REPORT 028-11623 N
Kenneth G. Mertz II President 717-396-1116 /s/ Kenneth G. Mertz II Lancaster PA 04-30-2019 0 213 2494404
INFORMATION TABLE 2 infotable.xml APPLE INC COM 037833100 439 2313 SH SOLE 2313 0 0 AMERIS BANCORP COM 03076K108 2821 82124 SH SOLE 82124 0 0 ACER THERAPEUTICS INC COM 00444P108 3038 125000 SH SOLE 125000 0 0 ADAMAS PHARMACEUTICALS INC COM 00548A106 4019 565319 SH SOLE 565319 0 0 ADDUS HOMECARE CORPORATION COM 006739106 4151 65271 SH SOLE 65271 0 0 AMERICAN EAGLE OUTFITTERS INC. COM 02553E106 28016 1263707 SH SOLE 1263707 0 0 PLAYAGS INC COM 72814N104 18733 782837 SH SOLE 782837 0 0 AIMMUNE THERAPEUTICS INC COM 00900T107 17365 776943 SH SOLE 776943 0 0 ALARM.COM HOLDINGS INC COM 011642105 19441 299558 SH SOLE 299558 0 0 AMALGAMATED BANK COM 022663108 3641 232625 SH SOLE 232625 0 0 AMERICAN BUSINESS BK LA CALI COM 02475L105 2428 69178 SH SOLE 69178 0 0 MERCANTIL BANK HOLDING CORP COM 58734F305 8024 576000 SH SOLE 576000 0 0 AMAZON.COM, INC COM 023135106 564 317 SH SOLE 317 0 0 AMERICAN RIVIERA BANK COM 02932A106 3385 185488 SH SOLE 185488 0 0 ARENA PHARMACEUTICALS INC COM 040047607 17413 388418 SH SOLE 388418 0 0 ASSEMBLY BIOSCIENCES INC COM 045396108 8233 418143 SH SOLE 418143 0 0 ALLEGHENY TECHNOLOGIES INC COM 01741R102 12137 474676 SH SOLE 474676 0 0 ATRICURE INC COM 04963C209 11625 433912 SH SOLE 433912 0 0 AIR TRANSPORT SERVICES GROUP COM 00922R105 12938 561296 SH SOLE 561296 0 0 AVROBIO INC COM 05455M100 11523 522590 SH SOLE 522590 0 0 BAYCOM CORP COM 07272M107 5557 245432 SH SOLE 245432 0 0 BLUCORA INC COM 095229100 1772 53089 SH SOLE 53089 0 0 BIODELIVERY SCIENCES INTERNATIONAL INC COM 09060J106 8252 1556947 SH SOLE 1556947 0 0 BUSINESS FIRST BANCSHARES INC COM 12326C105 5508 224440 SH SOLE 224440 0 0 BIOHAVEN PHARMACEUTICAL HOLDINGS COM G11196105 25618 497721 SH SOLE 497721 0 0 BRYN MAWR BK CORP COM 117665109 3558 98484 SH SOLE 98484 0 0 BANK OF COMMERCE HOLDINGS COM 06424J103 4479 424577 SH SOLE 424577 0 0 POPULAR INC COM 733174700 3079 59056 SH SOLE 59056 0 0 BANK7 CORP COM 06652N107 8681 499744 SH SOLE 499744 0 0 BRIDGEWATER BANCSHARES INC COM 108621103 7502 727668 SH SOLE 727668 0 0 BYLINE BANCORP INC COM 124411109 1003 54250 SH SOLE 54250 0 0 CADENCE BANCORP COM 12739A100 33476 1804658 SH SOLE 1804658 0 0 META FINANCIAL GROUP, INC COM 59100U108 8961 455318 SH SOLE 455318 0 0 CAPITAL BANCORP INC COM 139737100 407 35068 SH SOLE 35068 0 0 CBTX INC COM 12481V104 10072 310209 SH SOLE 310209 0 0 COASTAL FINANCIAL CORP COM 19046P209 7379 434321 SH SOLE 434321 0 0 CNB FINL CORP PA COM 126128107 5241 207414 SH SOLE 207414 0 0 COGENT COMMUNICATIONS HOLDINGS COM 19239V302 17543 323375 SH SOLE 323375 0 0 CENTRIC FINANCIAL CORPORATION COM 15641J101 1038 97000 SH SOLE 97000 0 0 CHURCHILL DOWNS INC COM 171484108 25158 278726 SH SOLE 278726 0 0 CHEGG INC COM 163092109 64971 1704391 SH SOLE 1704391 0 0 CHUY'S HOLDINGS INC COM 171604101 8156 358196 SH SOLE 358196 0 0 CIENA CORP COM 171779309 38012 1018003 SH SOLE 1018003 0 0 CIVISTA BANCSHARES INC COM 178867107 2594 118810 SH SOLE 118810 0 0 COMMUNITY HERITAGE FINANCIAL INC COM 20370L103 564 26842 SH SOLE 26842 0 0 CANNAE HOLDINGS COM 13765N107 4278 176340 SH SOLE 176340 0 0 CALLON PETROLEUM CO COM 13123X102 6608 875288 SH SOLE 875288 0 0 CRAY INC COM 225223304 16263 624305 SH SOLE 624305 0 0 CARPENTER TECHNOLOGY CORP COM 144285103 8927 194703 SH SOLE 194703 0 0 CENTERSTATE BANKS CORP COM 15201P109 10038 421588 SH SOLE 421588 0 0 CATALENT INC COM 148806102 15128 372704 SH SOLE 372704 0 0 CURO GROUP HOLD COM 23131L107 6592 657262 SH SOLE 657262 0 0 DECIPHERA PHARMACEUTICALS INC COM 24344T101 8451 364105 SH SOLE 364105 0 0 DELEK US HLDGS INC COM 24665A103 6834 187653 SH SOLE 187653 0 0 DICERNA PHARMACEUTICALS INC COM 253031108 13060 891488 SH SOLE 891488 0 0 DYCOM INDUSTRIES INC COM 267475101 8183 178122 SH SOLE 178122 0 0 EBIX INC COM 278715206 5896 119426 SH SOLE 119426 0 0 EHEALTH INC COM 28238P109 21763 349096 SH SOLE 349096 0 0 ELOXX PHARMACEUTICALS INC COM 29014R103 2336 200000 SH SOLE 200000 0 0 ENPHASE ENERGY, INC COM 29355A107 3923 425000 SH SOLE 425000 0 0 ENOVA INTERNATI COM 29357K103 1894 82995 SH SOLE 82995 0 0 EPAM SYSTEMS INC COM 29414B104 30960 183055 SH SOLE 183055 0 0 EQUITY BANCSHARES INC COM 29460X109 3373 117103 SH SOLE 117103 0 0 ELDORADO RESORTS INC COM 28470R102 11228 240471 SH SOLE 240471 0 0 ESQUIRE FINANCIAL HOLDINGS COM 29667J101 8008 351830 SH SOLE 351830 0 0 ETSY INC COM 29786A106 17541 260953 SH SOLE 260953 0 0 EVERI HOLDINGS INC COM 30034T103 14509 1379190 SH SOLE 1379190 0 0 FIRST BANCSHARES INC COM 318916103 3520 113927 SH SOLE 113927 0 0 FIRST BANCORP COM 318672706 1010 88167 SH SOLE 88167 0 0 FIRST CHOICE BANCORP COM 31948P104 3999 186000 SH SOLE 186000 0 0 FIVE BELOW COM 33829M101 46249 372225 SH SOLE 372225 0 0 FIRST MID ILLINOIS BNCSHS COM 320866106 4467 134051 SH SOLE 134051 0 0 FRESHPET INC COM 358039105 33003 780397 SH SOLE 780397 0 0 FS BANCORP INC COM 30263Y104 3352 66405 SH SOLE 66405 0 0 FORESCOUT TECHNOLOGIES INC COM 34553D101 37352 891251 SH SOLE 891251 0 0 FVCBANKCORP INC COM 36120Q101 4875 288277 SH SOLE 288277 0 0 GREEN DOT CORP COM 39304D102 24895 410473 SH SOLE 410473 0 0 GLU MOBILE INC COM 379890106 23413 2140094 SH SOLE 2140094 0 0 GUARANTY BANCSHARES INC COM 400764106 5844 200000 SH SOLE 200000 0 0 ALPHABET INC CLA A COM 02079K305 393 334 SH SOLE 334 0 0 GSV CAP CORP COM 36191J101 978 129089 SH SOLE 129089 0 0 CHART INDS INC COM 16115Q308 24018 265331 SH SOLE 265331 0 0 HAEMONETICS CORPORATION COM 405024100 12678 144927 SH SOLE 144927 0 0 H&E EQUIPMENT SERVICES INC COM 404030108 11600 461972 SH SOLE 461972 0 0 HERITAGE FINL CORP WASH COM 42722X106 6937 230146 SH SOLE 230146 0 0 HERITAGE COMMERCE CORP COM 426927109 2564 211862 SH SOLE 211862 0 0 HORIZON PHARMA, INC COM G4617B105 31398 1187956 SH SOLE 1187956 0 0 INTERCEPT PHARMACEUTICAL COM 45845P108 12396 110818 SH SOLE 110818 0 0 INTRICON CORP COM 46121H109 4399 175400 SH SOLE 175400 0 0 INNOVATIVE INDUSTRIAL PROPER COM 45781V101 11508 140880 SH SOLE 140880 0 0 INDUSTRIAL LOGISTICS PROPERTIES COM 456237106 14439 715876 SH SOLE 715876 0 0 INTERNAP CORP COM 45885A409 640 129020 SH SOLE 129020 0 0 INOGEN INC COM 45780L104 4483 47002 SH SOLE 47002 0 0 INSMED INC COM 457669307 24451 841119 SH SOLE 841119 0 0 INSTRUCTURE INC COM 45781U103 9330 198007 SH SOLE 198007 0 0 INNOSPEC INC COM 45768S105 10879 130518 SH SOLE 130518 0 0 INVESTAR HOLDIN COM 46134L105 5458 240341 SH SOLE 240341 0 0 INTEGER HOLDINGS CORP COM 45826H109 24768 328396 SH SOLE 328396 0 0 JACK IN THE BOX INC COM 466367109 11185 137987 SH SOLE 137987 0 0 JAMES RIVER GROUP HOLDINGS COM G5005R107 1349 33648 SH SOLE 33648 0 0 KINGSTONE INC COM 496719105 2283 154902 SH SOLE 154902 0 0 KIRKLAND LAKE GOLD LTD COM 49741E100 4316 141915 SH SOLE 141915 0 0 KENNAMETAL INC COM 489170100 440 11960 SH SOLE 11960 0 0 KNOLL INC COM 498904200 3113 164637 SH SOLE 164637 0 0 KINSALE CAPITAL GROUP INC COM 49714P108 1662 24233 SH SOLE 24233 0 0 KOPPERS HOLDINGS INC COM 50060P106 203 7802 SH SOLE 7802 0 0 KARYOPHARM THERAPEUTICS INC COM 48576U106 8039 1376475 SH SOLE 1376475 0 0 KRATOS DEFENSE AND SECURITY COM 50077B207 29832 1908637 SH SOLE 1908637 0 0 LEAF GROUP LTD COM 52177G102 5855 730058 SH SOLE 730058 0 0 LUMENTUM HOLDINGS INC COM 55024U109 14570 257696 SH SOLE 257696 0 0 LIVANOVA PLC COM G5509L101 7984 82101 SH SOLE 82101 0 0 LIVE OAK BANCSHARES INC COM 53803X105 534 36553 SH SOLE 36553 0 0 LIVENT CORPORATION COM 53814L108 9600 781727 SH SOLE 781727 0 0 MERCHANTS BANCORP IN COM 58844R108 10769 500906 SH SOLE 500906 0 0 MALIBU BOATS INC-CLASS A COM 56117J100 262 6612 SH SOLE 6612 0 0 MOELIS & CO COM 60786M105 20973 504043 SH SOLE 504043 0 0 METROPOLITAN BANK HOLDING CO COM 591774104 7977 229276 SH SOLE 229276 0 0 MECHANICS BANK RICHMOND CA COM 583614102 1537 53 SH SOLE 53 0 0 THE MARCUS CORP COM 566330106 9984 249281 SH SOLE 249281 0 0 MALVERN BANCORP INC COM 561409103 5274 262103 SH SOLE 262103 0 0 MERIT MED SYS INC COM 589889104 14676 237353 SH SOLE 237353 0 0 MONMOUTH REAL ESTATE INV COM 609720107 12350 937009 SH SOLE 937009 0 0 MODEL N INC COM 607525102 11430 651669 SH SOLE 651669 0 0 MERCURY SYSTEMS INC COM 589378108 31039 484376 SH SOLE 484376 0 0 MICROSOFT CORP COM 594918104 552 4677 SH SOLE 4677 0 0 MERITAGE CORP COM 59001A102 13169 294548 SH SOLE 294548 0 0 NATIONAL COMMERCE CORP COM 63546L102 9015 229926 SH SOLE 229926 0 0 NOODLES AND COMPANY COM 65540B105 6411 942759 SH SOLE 942759 0 0 NEOGENOMICS INC COM 64049M209 38378 1875759 SH SOLE 1875759 0 0 NEW RELIC INC COM 64829B100 11886 120429 SH SOLE 120429 0 0 NEW FORTRESS ENERGY LLC COM 644393100 9129 781616 SH SOLE 781616 0 0 NMI HOLDINGS INC COM 629209305 1326 51270 SH SOLE 51270 0 0 INSPERITY INC COM 45778Q107 23630 191085 SH SOLE 191085 0 0 BANK OF NT BUTTERFIELD AND SON LTD COM G0772R208 9542 265943 SH SOLE 265943 0 0 NV5 GLOBAL INC COM 62945V109 18024 303646 SH SOLE 303646 0 0 ORIGIN BANCORP INC COM 68621T102 5132 150710 SH SOLE 150710 0 0 OCEANFIRST FINANCIAL CORP COM 675234108 13901 577752 SH SOLE 577752 0 0 ONCOCYTE CORP COM 68235C107 9836 2490000 SH SOLE 2490000 0 0 OLD LINE BANCSHARES INC COM 67984M100 3319 133139 SH SOLE 133139 0 0 OLLIE'S BARGAIN OUTLET HOLDINGS COM 681116109 29120 341259 SH SOLE 341259 0 0 ONEMAIN HOLDINGS INC COM 68268W103 3164 99650 SH SOLE 99650 0 0 OPUS BANK COM 684000102 9664 488104 SH SOLE 488104 0 0 OSI SYSTEMS INC COM 671044105 231 2635 SH SOLE 2635 0 0 PROFESSIONAL HOLDING CORP COM 743139107 4816 279177 SH SOLE 279177 0 0 PROOFPOINT INC COM 743424103 22738 187250 SH SOLE 187250 0 0 THE CHILDREN'S PLACE INC COM 168905107 26381 271190 SH SOLE 271190 0 0 PLANET FITNESS INC COM 72703H101 46805 681092 SH SOLE 681092 0 0 CPI CARD GROUP INC COM 12634H200 119 34921 SH SOLE 34921 0 0 PACIFIC PREMIER BANCORP COM 69478X105 18163 684614 SH SOLE 684614 0 0 PQ GROUP HOLDINGS INC COM 73943T103 12817 844879 SH SOLE 844879 0 0 PLURALSIGHT INC COM 72941B106 19836 624951 SH SOLE 624951 0 0 PURE STORAGE COM 74624M102 9118 418429 SH SOLE 418429 0 0 PTC THERAPEUTICS INC COM 69366J200 10340 274712 SH SOLE 274712 0 0 PORTOLA PHARMACEUTICALS INC COM 737010108 12970 373779 SH SOLE 373779 0 0 PEOPLE'S UTAH BANCORP COM 712706209 4993 189327 SH SOLE 189327 0 0 QUANTENNA COMMUNICATIONS COM 74766D100 6433 264410 SH SOLE 264410 0 0 Q2 HOLDINGS INC COM 74736L109 16072 232055 SH SOLE 232055 0 0 RADIUS HEALTH INC COM 750469207 1788 89690 SH SOLE 89690 0 0 REPLIMUNE GROUP INC COM 76029N106 10778 708120 SH SOLE 708120 0 0 REATA PHARMACEUTICALS INC COM 75615P103 30767 359970 SH SOLE 359970 0 0 RAPID7 INC COM 753422104 42183 833492 SH SOLE 833492 0 0 SAILPOINT TECHNOLOGIES HOLDINGS COM 78781P105 14740 513244 SH SOLE 513244 0 0 SPIRIT AIRLS INC COM 848577102 12761 241410 SH SOLE 241410 0 0 STERLING BANCORP INC COM 85917W102 7896 778700 SH SOLE 778700 0 0 SEACOAST COMMERCE BANK COM 81171B108 5132 254684 SH SOLE 254684 0 0 SEAWORLD ENTERTAINMENT COM 81282V100 27414 1064216 SH SOLE 1064216 0 0 SENSEONICS HOLDINGS INC COM 81727U105 864 352590 SH SOLE 352590 0 0 SERVISFIRST BANCSHARES INC COM 81768T108 8229 243750 SH SOLE 243750 0 0 SOUTHERN FIRST BANCSHARES COM 842873101 2406 71032 SH SOLE 71032 0 0 SHENANDOAH TELECOMMUNICATION COM 82312B106 2243 50565 SH SOLE 50565 0 0 MADDEN STEVEN LTD COM 556269108 26025 769074 SH SOLE 769074 0 0 SVB FINL GROUP COM 78486Q101 8882 39944 SH SOLE 39944 0 0 SIMPLY GOOD FOODS CO COM 82900L102 21979 1067455 SH SOLE 1067455 0 0 SYNOVUS FINANCIAL CORP COM 87161C501 1852 53895 SH SOLE 53895 0 0 1ST SOURCE CORP COM 336901103 4491 100000 SH SOLE 100000 0 0 SAREPTA THERAPEUTICS INC COM 803607100 4868 40842 SH SOLE 40842 0 0 STEWARDSHIP FINANCIAL CORPORATION COM 860326107 2775 300000 SH SOLE 300000 0 0 SPIRIT OF TEXAS BANCSHARES COM 84861D103 5557 262100 SH SOLE 262100 0 0 SVMK INC COM 78489X103 10544 579041 SH SOLE 579041 0 0 SAVARA INC COM 805111101 1378 186939 SH SOLE 186939 0 0 DEL TACO RESTAURANTS INC COM 245496104 8734 868159 SH SOLE 868159 0 0 THE BANCORP INC COM 05969A105 7431 919723 SH SOLE 919723 0 0 TRIUMPH BANCORP COM 89679E300 9513 323680 SH SOLE 323680 0 0 TELADOC HEALTH INC COM 87918A105 30944 556538 SH SOLE 556538 0 0 TILLY'S INC-CLASS A SHRS COM 886885102 7330 658610 SH SOLE 658610 0 0 TANDEM DIABETES CARE INC COM 875372203 35052 552007 SH SOLE 552007 0 0 TRINET GROUP IN COM 896288107 31938 534624 SH SOLE 534624 0 0 TUTOR PERINI CORPORATION COM 901109108 11942 697531 SH SOLE 697531 0 0 LENDINGTREE INC COM 52603B107 33433 95099 SH SOLE 95099 0 0 TREX INC COM 89531P105 39549 642864 SH SOLE 642864 0 0 TABULA RASA HEALTHCARE INC COM 873379101 9886 175213 SH SOLE 175213 0 0 TRISTATE CAPITAL HOLDINGS COM 89678F100 2859 139935 SH SOLE 139935 0 0 TETRA TECH INC COM 88162G103 24901 417866 SH SOLE 417866 0 0 TETRA TECHNOLOGIES COM 88162F105 51 21930 SH SOLE 21930 0 0 TWIST BIOSCIENCE CORP COM 90184D100 4745 204720 SH SOLE 204720 0 0 UNION BANKSHARES CORPORATION COM 90539J109 10789 333726 SH SOLE 333726 0 0 UNIVERSITY BANCORP INC COM 914090105 2188 250000 SH SOLE 250000 0 0 UNITY BANCORP INC COM 913290102 3186 168750 SH SOLE 168750 0 0 URBAN OUTFITTERS INC COM 917047102 5069 171012 SH SOLE 171012 0 0 USA TECHNOLOGIES INC COM 90328S500 4711 1135296 SH SOLE 1135296 0 0 US XPRESS ENTERPRISES INC COM 90338N202 4301 650628 SH SOLE 650628 0 0 VERITEX HOLDINGS INC COM 923451108 3282 135517 SH SOLE 135517 0 0 VERICEL CORP COM 92346J108 9602 548360 SH SOLE 548360 0 0 VOCERAMUNICATIONS INC COM 92857F107 21905 692539 SH SOLE 692539 0 0 VONAGE HOLDINGS CORP COM 92886T201 32200 3207158 SH SOLE 3207158 0 0 VIPER ENERGY PA COM 92763M105 10229 308470 SH SOLE 308470 0 0 VAREX IMAGING CORPORATION COM 92214X106 7468 220422 SH SOLE 220422 0 0 VARONIS SYSTEMS INC COM 922280102 34493 578455 SH SOLE 578455 0 0 BOINGO WIRELESS INC COM 09739C102 13122 563641 SH SOLE 563641 0 0 WEST TOWN BANK & TRUST COM 956308100 2713 117942 SH SOLE 117942 0 0 YETI HOLDINGS INC COM 98585X104 11692 386508 SH SOLE 386508 0 0 ZOGENIX INC COM 98978L204 18713 340169 SH SOLE 340169 0 0 ZSCALER INC COM 98980G102 11011 155236 SH SOLE 155236 0 0