EMERALD ADVISERS, LLC

PrivateCIK: 1015083

Location

LEOLA, PA

248

Positions

$3.16B

Total AUM (reported)

78.85M

Total Shares

Allocation by class

COM$3.16B100.0%

Portfolio Concentration

Top 3$233.12M7.4%

4–10$407.96M12.9%

11–25$610.85M19.3%

Rest$1.91B60.4%

Top 3 weight

7.4%

Top 10 weight

20.3%

Voting Authority Distribution

Total shares with voting rights: 78.85M

Sole

Full voting authority

60.55M

% of voting shares76.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

18.30M

% of voting shares23.2%

Investment Discretion (by position count)

Sole248

Shared0

Other0

Dominant voting typeSole · 76.8% of voting shares

Institutional Holdings248

Rows:

MODINE MANUFACTURING CO

SOLE

COM

Shares378.12K

TypeSH

Market value$81.94M

2.59%

Sole

290.76K

Shared

0.00

None

87.36K

GUARDANT HEALTH INC

SOLE

COM

Shares841.92K

TypeSH

Market value$77.77M

2.46%

Sole

646.16K

Shared

0.00

None

195.75K

BLOOM ENERGY CO

SOLE

COM

Shares541.79K

TypeSH

Market value$73.41M

2.32%

Sole

416.70K

Shared

0.00

None

125.08K

TTM TECHNOLOGIES INC

SOLE

COM

Shares750.42K

TypeSH

Market value$73.11M

2.31%

Sole

573.41K

Shared

0.00

None

177K

COGENT BIOSCIENCES INC

SOLE

COM

Shares1.59M

TypeSH

Market value$61.13M

1.93%

Sole

1.21M

Shared

0.00

None

380.33K

KRATOS DEFENSE AND SECURITY

SOLE

COM

Shares835.93K

TypeSH

Market value$58.94M

1.87%

Sole

642.54K

Shared

0.00

None

193.39K

VSE CORPORATION

SOLE

COM

Shares314.79K

TypeSH

Market value$58.05M

1.84%

Sole

240.59K

Shared

0.00

None

74.20K

FABRINET

SOLE

COM

Shares107.49K

TypeSH

Market value$56.06M

1.77%

Sole

82.12K

Shared

0.00

None

25.38K

ARGAN INC

SOLE

COM

Shares95.27K

TypeSH

Market value$51.89M

1.64%

Sole

72.96K

Shared

0.00

None

22.31K

AAR CORPORATION

SOLE

COM

Shares445.69K

TypeSH

Market value$48.79M

1.54%

Sole

340.64K

Shared

0.00

None

105.06K

CREDO TECHNOLOGY GROUP HOLDINGS

SOLE

COM

Shares498.57K

TypeSH

Market value$46.80M

1.48%

Sole

383.53K

Shared

0.00

None

115.04K

TRAVERE THERAPEUTICS INC

SOLE

COM

Shares1.56M

TypeSH

Market value$46.26M

1.46%

Sole

1.20M

Shared

0.00

None

359.99K

ESCO TECHNOLOGIES INC

SOLE

COM

Shares162.65K

TypeSH

Market value$45.77M

1.45%

Sole

124.39K

Shared

0.00

None

38.26K

MERCURY SYSTEMS INC

SOLE

COM

Shares595.31K

TypeSH

Market value$43.40M

1.37%

Sole

454.93K

Shared

0.00

None

140.39K

LIVANOVA PLC

SOLE

COM

Shares670.21K

TypeSH

Market value$42.60M

1.35%

Sole

514.81K

Shared

0.00

None

155.39K

NLIGHT INC

SOLE

COM

Shares746.67K

TypeSH

Market value$42.58M

1.35%

Sole

571.01K

Shared

0.00

None

175.66K

RAMBUS INC

SOLE

COM

Shares493.24K

TypeSH

Market value$42.43M

1.34%

Sole

376.84K

Shared

0.00

None

116.40K

AXOS FINANCIAL INC

SOLE

COM

Shares496.23K

TypeSH

Market value$42.22M

1.34%

Sole

378.89K

Shared

0.00

None

117.34K

NATIONAL VISION HOLDINGS

SOLE

COM

Shares1.50M

TypeSH

Market value$38.92M

1.23%

Sole

1.15M

Shared

0.00

None

349.57K

BRIDGEBIO PHARMA INC

SOLE

COM

Shares515.36K

TypeSH

Market value$38.27M

1.21%

Sole

397.19K

Shared

0.00

None

118.17K

KULICKE AND SOFFA INDUSTRIES

SOLE

COM

Shares569K

TypeSH

Market value$37.39M

1.18%

Sole

436.35K

Shared

0.00

None

132.65K

APPLIED OPTOELECTRONICS INC

SOLE

COM

Shares433.88K

TypeSH

Market value$36.70M

1.16%

Sole

331.36K

Shared

0.00

None

102.52K

MIRUM PHARMACEUTICALS INC

SOLE

COM

Shares397.26K

TypeSH

Market value$36.70M

1.16%

Sole

306.07K

Shared

0.00

None

91.19K

PALOMAR HOLDINGS INC

SOLE

COM

Shares298.36K

TypeSH

Market value$35.65M

1.13%

Sole

230.07K

Shared

0.00

None

68.29K

SEMTECH CORP

SOLE

COM

Shares457.02K

TypeSH

Market value$35.14M

1.11%

Sole

349.22K

Shared

0.00

None

107.79K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
MODINE MANUFACTURING COSOLE	COM	378.12K	SH	$81.94M 2.59%	290.76K	87.36K
GUARDANT HEALTH INCSOLE	COM	841.92K	SH	$77.77M 2.46%	646.16K	195.75K
BLOOM ENERGY COSOLE	COM	541.79K	SH	$73.41M 2.32%	416.70K	125.08K
TTM TECHNOLOGIES INCSOLE	COM	750.42K	SH	$73.11M 2.31%	573.41K	177K
COGENT BIOSCIENCES INCSOLE	COM	1.59M	SH	$61.13M 1.93%	1.21M	380.33K
KRATOS DEFENSE AND SECURITYSOLE	COM	835.93K	SH	$58.94M 1.87%	642.54K	193.39K
VSE CORPORATIONSOLE	COM	314.79K	SH	$58.05M 1.84%	240.59K	74.20K
FABRINETSOLE	COM	107.49K	SH	$56.06M 1.77%	82.12K	25.38K
ARGAN INCSOLE	COM	95.27K	SH	$51.89M 1.64%	72.96K	22.31K
AAR CORPORATIONSOLE	COM	445.69K	SH	$48.79M 1.54%	340.64K	105.06K
CREDO TECHNOLOGY GROUP HOLDINGSSOLE	COM	498.57K	SH	$46.80M 1.48%	383.53K	115.04K
TRAVERE THERAPEUTICS INCSOLE	COM	1.56M	SH	$46.26M 1.46%	1.20M	359.99K
ESCO TECHNOLOGIES INCSOLE	COM	162.65K	SH	$45.77M 1.45%	124.39K	38.26K
MERCURY SYSTEMS INCSOLE	COM	595.31K	SH	$43.40M 1.37%	454.93K	140.39K
LIVANOVA PLCSOLE	COM	670.21K	SH	$42.60M 1.35%	514.81K	155.39K
NLIGHT INCSOLE	COM	746.67K	SH	$42.58M 1.35%	571.01K	175.66K
RAMBUS INCSOLE	COM	493.24K	SH	$42.43M 1.34%	376.84K	116.40K
AXOS FINANCIAL INCSOLE	COM	496.23K	SH	$42.22M 1.34%	378.89K	117.34K
NATIONAL VISION HOLDINGSSOLE	COM	1.50M	SH	$38.92M 1.23%	1.15M	349.57K
BRIDGEBIO PHARMA INCSOLE	COM	515.36K	SH	$38.27M 1.21%	397.19K	118.17K
KULICKE AND SOFFA INDUSTRIESSOLE	COM	569K	SH	$37.39M 1.18%	436.35K	132.65K
APPLIED OPTOELECTRONICS INCSOLE	COM	433.88K	SH	$36.70M 1.16%	331.36K	102.52K
MIRUM PHARMACEUTICALS INCSOLE	COM	397.26K	SH	$36.70M 1.16%	306.07K	91.19K
PALOMAR HOLDINGS INCSOLE	COM	298.36K	SH	$35.65M 1.13%	230.07K	68.29K
SEMTECH CORPSOLE	COM	457.02K	SH	$35.14M 1.11%	349.22K	107.79K

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