EMERALD MUTUAL FUND ADVISERS TRUST Q3 2019 Filing

Filed October 31, 2019

Portfolio Value

$2.3T

Holdings

204

Report Date

Q3 2019

Filing Type

13F-HR

All Holdings (204 positions)

#StockSharesValue% PortfolioType
101
USA TECHNOLOGIES INC
1,135,296$8.3B0.37%
102
BIODELIVERY SCIENCES INTERNATIONAL INC
1,944,531$8.2B0.36%
103
SFBSSERVISFIRST BANCSHARES INC
243,750$8.1B0.36%
104
AUBATLANTIC UNION BANKSHARES CORP
216,796$8.1B0.36%
105
EVOP1EUREVO PAYMENTS INC CLASS A
273,312$7.7B0.34%
106
SBTEURSTERLING BANCORP INC
774,949$7.6B0.33%
107
AGSPLAYAGS INC
720,703$7.4B0.33%
108
MBINMERCHANTS BANCORP IN
434,759$7.2B0.32%
109
IIPRINNOVATIVE INDUSTRIAL PROPER
74,831$6.9B0.31%
110
NTBBANK OF NT BUTTERFIELD AND SON LTD
229,213$6.8B0.30%
111
DKDELEK US HLDGS INC
184,313$6.7B0.30%
112
SPIRIT OF TEXAS BANCSHARES
307,100$6.6B0.29%
113
NMI1EURKIRKLAND LAKE GOLD LTD
141,390$6.3B0.28%
114
TLYSTILLY'S INC-CLASS A SHRS
658,610$6.2B0.28%
115
EBIXEUREBIX INC
146,760$6.2B0.27%
116
GNTYUSDGUARANTY BANCSHARES INC
200,000$6.1B0.27%
117
SAVESPIRIT AIRLS INC
165,211$6.0B0.27%
118
APLTAPPLIED THERAPEUTICS INC
532,262$5.8B0.26%
119
2JEFOCUS FINANCIAL PARTNERS
243,486$5.8B0.26%
120
CPRXCATALYST PHARMACEUTICAL PARTNERS
1,083,284$5.8B0.25%
121
MALVERN BANCORP INC
262,103$5.7B0.25%
122
BCMLBAYCOM CORP
244,595$5.6B0.25%
123
BFSTBUSINESS FIRST BANCSHARES INC
224,440$5.5B0.24%
124
TMHCTAYLOR MORRISON HOME CORP
207,950$5.4B0.24%
125
NDLSUSDNOODLES AND COMPANY
942,759$5.3B0.24%
126
ONCOCYTE CORP
2,430,180$5.1B0.23%
127
PRFTUSDPERFICIENT INC
131,873$5.1B0.23%
128
OBKORIGIN BANCORP INC
150,710$5.1B0.23%
129
PROFESSIONAL HOLDING CORP
279,177$5.0B0.22%
130
CBTXEURCBTX INC
175,146$4.9B0.22%
131
CNNECANNAE HOLDINGS
176,340$4.8B0.21%
132
KNOLL INC
190,337$4.8B0.21%
133
BOINGO WIRELESS INC
433,301$4.8B0.21%
134
CCNECNB FINL CORP PA
166,927$4.8B0.21%
135
TMDXTRANSMEDICS GROUP INC
196,510$4.7B0.21%
136
FMBHFIRST MID BANCSHARES INC
134,051$4.6B0.21%
137
SEACOAST COMMERCE BANK
254,684$4.6B0.20%
138
SAMBOSTON BEER COMPANY, INC CLASS A
12,082$4.4B0.19%
139
CSFLUSDCENTERSTATE BANKS CORP
173,767$4.2B0.18%
140
ILPTINDUSTRIAL LOGISTICS PROPERTIES
193,199$4.1B0.18%
141
ASMBASSEMBLY BIOSCIENCES INC
412,743$4.1B0.18%
142
NEWREURNEW RELIC INC
64,970$4.0B0.18%
143
SHENSHENANDOAH TELECOMMUNICATION
123,355$3.9B0.17%
144
PSNLPERSONALIS INC
255,913$3.8B0.17%
145
UTBUNITY BANCORP INC
168,750$3.7B0.17%
146
HEESEURH&E EQUIPMENT SERVICES INC
128,042$3.7B0.16%
147
PEOPLE'S UTAH BANCORP
129,277$3.7B0.16%
148
OMFONEMAIN HOLDINGS INC
99,650$3.7B0.16%
149
FSBWFS BANCORP INC
66,405$3.5B0.15%
150
BANK OF COMMERCE HOLDINGS
316,977$3.5B0.15%
151
BRYN MAWR BK CORP
93,600$3.4B0.15%
152
GDOTGREEN DOT CORP
132,988$3.4B0.15%
153
ABCBAMERIS BANCORP
82,321$3.3B0.15%
154
VBTXVERITEX HOLDINGS INC
135,517$3.3B0.15%
155
INTRICON CORP
167,531$3.3B0.14%
156
SRCE1ST SOURCE CORP
70,605$3.2B0.14%
157
ADAMAS PHARMACEUTICALS INC
609,019$3.1B0.14%
158
FVCBFVCBANKCORP INC
169,547$3.0B0.13%
159
CCBCOASTAL FINANCIAL CORP
195,152$2.9B0.13%
160
BWBBRIDGEWATER BANCSHARES INC
246,272$2.9B0.13%
161
SFSTSOUTHERN FIRST BANCSHARES
71,032$2.8B0.13%
162
FIRST CHOICE BANCORP
122,502$2.6B0.12%
163
CIVBCIVISTA BANCSHARES INC
118,810$2.6B0.11%
164
ISTRINVESTAR HOLDIN
104,770$2.5B0.11%
165
HTBKHERITAGE COMMERCE CORP
211,862$2.5B0.11%
166
MGIEURMONEYGRAM INTERNATIONAL
624,263$2.5B0.11%
167
RPAYREPAY HOLDINGS CORP CL A
184,790$2.5B0.11%
168
AMBZAMERICAN BUSINESS BK LA CALI
69,178$2.4B0.10%
169
EVEREVERQUOTE INC
108,540$2.3B0.10%
170
LEAFLEAF GROUP LTD
542,546$2.3B0.10%
171
STAGSTAG INDUSTRIALS INC
74,650$2.2B0.10%
172
ALNTALLIED MOTION TECHNOLOGIES
61,362$2.2B0.10%
173
UNIBUNIVERSITY BANCORP INC
250,000$2.1B0.09%
174
LOBLIVE OAK BANCSHARES INC
107,636$1.9B0.09%
175
KNSLKINSALE CAPITAL GROUP INC
18,353$1.9B0.08%
176
MCHBMECHANICS BANK RICHMOND CA
53$1.6B0.07%
177
JRVRJAMES RIVER GROUP HOLDINGS
30,648$1.6B0.07%
178
IMXIINTERNATIONAL MONEY EXPRESS INC
110,410$1.5B0.07%
179
HFWAHERITAGE FINL CORP WASH
52,558$1.4B0.06%
180
QNSTQUINSTREET INC
111,560$1.4B0.06%
181
NMIHNMI HOLDINGS INC
51,270$1.3B0.06%
182
LVGOLIVONGO HEALTH INC
74,110$1.3B0.06%
183
EXICURE INC
500,000$1.3B0.06%
184
CENTRIC FINANCIAL CORPORATION
97,000$941.0M0.04%
185
PLMRPALOMAR HOLDINGS INC
21,080$831.0M0.04%
186
KINSKINGSTONE INC
94,901$809.0M0.04%
187
AMERANT BANCORP INC-CL B
51,872$804.0M0.04%
188
ELOXX PHARMACEUTICALS INC
145,425$657.0M0.03%
189
MSFTMICROSOFT CORP
4,444$618.0M0.03%
190
OPUS BANK
27,451$598.0M0.03%
191
HCATHEALTH CATALYST INC
17,116$542.0M0.02%
192
CMHFCOMMUNITY HERITAGE FINANCIAL INC
26,842$537.0M0.02%
193
AMZNAMAZON.COM, INC
302$524.0M0.02%
194
AAPLAPPLE INC
2,197$492.0M0.02%
195
HYREQHYRECAR INC
187,471$469.0M0.02%
196
AKERNA CORP
74,567$442.0M0.02%
197
GOOGLALPHABET INC CLA A
317$387.0M0.02%
198
AMALGAMATED BANK
22,936$367.0M0.02%
199
PLYMPLYMOUTH INDUSTRIAL REIT INC
17,744$325.0M0.01%
200
TRISTATE CAPITAL HOLDINGS
14,044$295.0M0.01%
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