Filed: 8/4/2025ACC: 0001104659-25-073440
📋 What this filing means
EMERALD ADVISERS, LLC filed this quarterly 13F‑HR report disclosing 248 equity positions with a total reported market value of $2.73B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
248
Positions
$2.73B
Total AUM (reported)
72.37M
Total Shares
Allocation by class
COM$2.73B100.0%
Portfolio Concentration
Top 3$226.56M8.3%
4–10$363.29M13.3%
11–25$585.30M21.5%
Rest$1.55B56.9%
Top 3 weight
8.3%
Top 10 weight
21.6%
Voting Authority Distribution
Total shares with voting rights: 72.37M
Sole
Full voting authority
54.15M
shares
% of voting shares74.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
18.23M
shares
% of voting shares25.2%
Investment Discretion (by position count)
Sole248
Shared0
Other0
Dominant voting typeSole · 74.8% of voting shares
Institutional Holdings248
Rows:
CREDO TECHNOLOGY GROUP HOLDINGS
SOLEShares911.51K
TypeSH
Market value$84.40M
3.09%
Sole
680.59K
Shared
0.00
None
230.93K
AEROVIRONMENT INC
SOLEShares252.69K
TypeSH
Market value$72.00M
2.64%
Sole
188.83K
Shared
0.00
None
63.85K
KRATOS DEFENSE AND SECURITY
SOLEShares1.51M
TypeSH
Market value$70.16M
2.57%
Sole
1.13M
Shared
0.00
None
375.87K
TRANSMEDICS GROUP INC
SOLEShares439.33K
TypeSH
Market value$58.87M
2.16%
Sole
329.99K
Shared
0.00
None
109.34K
TTM TECHNOLOGIES INC
SOLEShares1.40M
TypeSH
Market value$57.28M
2.10%
Sole
1.05M
Shared
0.00
None
355.38K
SOLENO THERAPEUTICS INC
SOLEShares672.91K
TypeSH
Market value$56.38M
2.07%
Sole
504.92K
Shared
0.00
None
167.99K
PALOMAR HOLDINGS INC
SOLEShares321.15K
TypeSH
Market value$49.54M
1.82%
Sole
241.06K
Shared
0.00
None
80.09K
Q2 HOLDINGS INC
SOLEShares512.02K
TypeSH
Market value$47.92M
1.76%
Sole
382.10K
Shared
0.00
None
129.92K
VARONIS SYSTEMS INC
SOLEShares942.70K
TypeSH
Market value$47.84M
1.75%
Sole
712.27K
Shared
0.00
None
230.44K
RAMBUS INC
SOLEShares710.12K
TypeSH
Market value$45.46M
1.67%
Sole
519.75K
Shared
0.00
None
190.37K
BRIDGEBIO PHARMA INC
SOLEShares1.02M
TypeSH
Market value$44.10M
1.62%
Sole
757.41K
Shared
0.00
None
263.84K
LUMENTUM HOLDINGS INC
SOLEShares446.10K
TypeSH
Market value$42.41M
1.55%
Sole
336.03K
Shared
0.00
None
110.07K
AXOS FINANCIAL INC
SOLEShares553.59K
TypeSH
Market value$42.10M
1.54%
Sole
414.13K
Shared
0.00
None
139.46K
SKYWARD SPECIALTY INSURANCE
SOLEShares717.76K
TypeSH
Market value$41.48M
1.52%
Sole
536.61K
Shared
0.00
None
181.15K
OLLIE'S BARGAIN OUTLET HOLDINGS
SOLEShares307.84K
TypeSH
Market value$40.57M
1.49%
Sole
226.72K
Shared
0.00
None
81.12K
FABRINET
SOLEShares136.22K
TypeSH
Market value$40.14M
1.47%
Sole
99.64K
Shared
0.00
None
36.58K
INTERDIGITAL INC PA COM
SOLEShares174.50K
TypeSH
Market value$39.13M
1.43%
Sole
130.80K
Shared
0.00
None
43.70K
VITAL FARMS INC
SOLEShares1.02M
TypeSH
Market value$39.11M
1.43%
Sole
756K
Shared
0.00
None
259.23K
AGILYSYS INC
SOLEShares337.10K
TypeSH
Market value$38.65M
1.42%
Sole
248.61K
Shared
0.00
None
88.49K
RADNET INC
SOLEShares672.36K
TypeSH
Market value$38.26M
1.40%
Sole
503.11K
Shared
0.00
None
169.25K
NATIONAL VISION HOLDINGS
SOLEShares1.62M
TypeSH
Market value$37.32M
1.37%
Sole
1.21M
Shared
0.00
None
410.21K
GUARDANT HEALTH INC
SOLEShares699.92K
TypeSH
Market value$36.42M
1.34%
Sole
525.39K
Shared
0.00
None
174.53K
THE BANCORP INC
SOLEShares626.41K
TypeSH
Market value$35.69M
1.31%
Sole
470.44K
Shared
0.00
None
155.97K
FRESHPET INC
SOLEShares521.17K
TypeSH
Market value$35.42M
1.30%
Sole
391.42K
Shared
0.00
None
129.76K
BALDWIN INSURANCE GROUP INC
SOLEShares806.29K
TypeSH
Market value$34.52M
1.27%
Sole
606.46K
Shared
0.00
None
199.83K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CREDO TECHNOLOGY GROUP HOLDINGSSOLE | COM | 911.51K | SH | $84.40M 3.09% | 680.59K | 0.00 | 230.93K |
AEROVIRONMENT INCSOLE | COM | 252.69K | SH | $72.00M 2.64% | 188.83K | 0.00 | 63.85K |
KRATOS DEFENSE AND SECURITYSOLE | COM | 1.51M | SH | $70.16M 2.57% | 1.13M | 0.00 | 375.87K |
TRANSMEDICS GROUP INCSOLE | COM | 439.33K | SH | $58.87M 2.16% | 329.99K | 0.00 | 109.34K |
TTM TECHNOLOGIES INCSOLE | COM | 1.40M | SH | $57.28M 2.10% | 1.05M | 0.00 | 355.38K |
SOLENO THERAPEUTICS INCSOLE | COM | 672.91K | SH | $56.38M 2.07% | 504.92K | 0.00 | 167.99K |
PALOMAR HOLDINGS INCSOLE | COM | 321.15K | SH | $49.54M 1.82% | 241.06K | 0.00 | 80.09K |
Q2 HOLDINGS INCSOLE | COM | 512.02K | SH | $47.92M 1.76% | 382.10K | 0.00 | 129.92K |
VARONIS SYSTEMS INCSOLE | COM | 942.70K | SH | $47.84M 1.75% | 712.27K | 0.00 | 230.44K |
RAMBUS INCSOLE | COM | 710.12K | SH | $45.46M 1.67% | 519.75K | 0.00 | 190.37K |
BRIDGEBIO PHARMA INCSOLE | COM | 1.02M | SH | $44.10M 1.62% | 757.41K | 0.00 | 263.84K |
LUMENTUM HOLDINGS INCSOLE | COM | 446.10K | SH | $42.41M 1.55% | 336.03K | 0.00 | 110.07K |
AXOS FINANCIAL INCSOLE | COM | 553.59K | SH | $42.10M 1.54% | 414.13K | 0.00 | 139.46K |
SKYWARD SPECIALTY INSURANCESOLE | COM | 717.76K | SH | $41.48M 1.52% | 536.61K | 0.00 | 181.15K |
OLLIE'S BARGAIN OUTLET HOLDINGSSOLE | COM | 307.84K | SH | $40.57M 1.49% | 226.72K | 0.00 | 81.12K |
FABRINETSOLE | COM | 136.22K | SH | $40.14M 1.47% | 99.64K | 0.00 | 36.58K |
INTERDIGITAL INC PA COMSOLE | COM | 174.50K | SH | $39.13M 1.43% | 130.80K | 0.00 | 43.70K |
VITAL FARMS INCSOLE | COM | 1.02M | SH | $39.11M 1.43% | 756K | 0.00 | 259.23K |
AGILYSYS INCSOLE | COM | 337.10K | SH | $38.65M 1.42% | 248.61K | 0.00 | 88.49K |
RADNET INCSOLE | COM | 672.36K | SH | $38.26M 1.40% | 503.11K | 0.00 | 169.25K |
NATIONAL VISION HOLDINGSSOLE | COM | 1.62M | SH | $37.32M 1.37% | 1.21M | 0.00 | 410.21K |
GUARDANT HEALTH INCSOLE | COM | 699.92K | SH | $36.42M 1.34% | 525.39K | 0.00 | 174.53K |
THE BANCORP INCSOLE | COM | 626.41K | SH | $35.69M 1.31% | 470.44K | 0.00 | 155.97K |
FRESHPET INCSOLE | COM | 521.17K | SH | $35.42M 1.30% | 391.42K | 0.00 | 129.76K |
BALDWIN INSURANCE GROUP INCSOLE | COM | 806.29K | SH | $34.52M 1.27% | 606.46K | 0.00 | 199.83K |
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