Filed: 8/5/2026ACC: 0001104659-26-090961
📋 What this filing means
EMERALD MUTUAL FUND ADVISERS TRUST filed this quarterly 13F‑HR report disclosing 197 equity positions with a total reported market value of $2.85B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
197
Positions
$2.85B
Total AUM (reported)
61.19M
Total Shares
Allocation by class
COM$2.76B96.8%
FM EMERALD LIFE$90.27M3.2%
Portfolio Concentration
Top 3$200.65M7.1%
4–10$324.43M11.4%
11–25$585.16M20.6%
Rest$1.74B61.0%
Top 3 weight
7.1%
Top 10 weight
18.5%
Voting Authority Distribution
Total shares with voting rights: 61.19M
Sole
Full voting authority
61.19M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole197
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings197
Rows:
RBB FD INC
SOLEShares2M
TypeSH
Market value$90.27M
3.17%
Sole
2M
Shared
0.00
None
0.00
TRAVERE THERAPEUTICS INC
SOLEShares1.03M
TypeSH
Market value$58.63M
2.06%
Sole
1.03M
Shared
0.00
None
0.00
CARDINAL INFRASTRUCTURE GROUP
SOLEShares549.30K
TypeSH
Market value$51.74M
1.82%
Sole
549.30K
Shared
0.00
None
0.00
MERCURY SYSTEMS INC
SOLEShares412.35K
TypeSH
Market value$50.44M
1.77%
Sole
412.35K
Shared
0.00
None
0.00
AAR CORPORATION
SOLEShares337.42K
TypeSH
Market value$48.23M
1.69%
Sole
337.42K
Shared
0.00
None
0.00
VSE CORPORATION
SOLEShares209.63K
TypeSH
Market value$47.90M
1.68%
Sole
209.63K
Shared
0.00
None
0.00
KULICKE AND SOFFA INDUSTRIES
SOLEShares349.30K
TypeSH
Market value$46.72M
1.64%
Sole
349.30K
Shared
0.00
None
0.00
ARGAN INC
SOLEShares58.12K
TypeSH
Market value$46.41M
1.63%
Sole
58.12K
Shared
0.00
None
0.00
CECO ENVIRONMENTAL CORP
SOLEShares471.22K
TypeSH
Market value$42.76M
1.50%
Sole
471.22K
Shared
0.00
None
0.00
INTERDIGITAL INC PA COM
SOLEShares148.25K
TypeSH
Market value$41.98M
1.48%
Sole
148.25K
Shared
0.00
None
0.00
SEMTECH CORP
SOLEShares257.36K
TypeSH
Market value$41.65M
1.46%
Sole
257.36K
Shared
0.00
None
0.00
AXCELIS TECHNOLOGIES INC
SOLEShares219.44K
TypeSH
Market value$41.57M
1.46%
Sole
219.44K
Shared
0.00
None
0.00
ESCO TECHNOLOGIES INC
SOLEShares116.46K
TypeSH
Market value$40.76M
1.43%
Sole
116.46K
Shared
0.00
None
0.00
GUARDANT HEALTH INC
SOLEShares271.38K
TypeSH
Market value$40.72M
1.43%
Sole
271.38K
Shared
0.00
None
0.00
LIVANOVA PLC
SOLEShares492.87K
TypeSH
Market value$40.53M
1.42%
Sole
492.87K
Shared
0.00
None
0.00
PLEXUS CORP
SOLEShares134.75K
TypeSH
Market value$40.51M
1.42%
Sole
134.75K
Shared
0.00
None
0.00
CORCEPT THERAPEUTICS INC
SOLEShares464.90K
TypeSH
Market value$40.42M
1.42%
Sole
464.90K
Shared
0.00
None
0.00
PDF SOLUTIONS INC
SOLEShares566.43K
TypeSH
Market value$40.10M
1.41%
Sole
566.43K
Shared
0.00
None
0.00
COGENT BIOSCIENCES INC
SOLEShares1.03M
TypeSH
Market value$39.91M
1.40%
Sole
1.03M
Shared
0.00
None
0.00
COHU INC
SOLEShares533.62K
TypeSH
Market value$39.44M
1.39%
Sole
533.62K
Shared
0.00
None
0.00
ALLEGIANT TRAVEL CO
SOLEShares313.66K
TypeSH
Market value$36.89M
1.30%
Sole
313.66K
Shared
0.00
None
0.00
LEGENCE CORP
SOLEShares425.63K
TypeSH
Market value$36.28M
1.27%
Sole
425.63K
Shared
0.00
None
0.00
AXOS FINANCIAL INC
SOLEShares366.71K
TypeSH
Market value$35.71M
1.26%
Sole
366.71K
Shared
0.00
None
0.00
SPYRE THERAPEUTICS
SOLEShares401.27K
TypeSH
Market value$35.62M
1.25%
Sole
401.27K
Shared
0.00
None
0.00
MODINE MANUFACTURING CO
SOLEShares131.19K
TypeSH
Market value$35.03M
1.23%
Sole
131.19K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
RBB FD INCSOLE | FM EMERALD LIFE | 2M | SH | $90.27M 3.17% | 2M | 0.00 | 0.00 |
TRAVERE THERAPEUTICS INCSOLE | COM | 1.03M | SH | $58.63M 2.06% | 1.03M | 0.00 | 0.00 |
CARDINAL INFRASTRUCTURE GROUPSOLE | COM | 549.30K | SH | $51.74M 1.82% | 549.30K | 0.00 | 0.00 |
MERCURY SYSTEMS INCSOLE | COM | 412.35K | SH | $50.44M 1.77% | 412.35K | 0.00 | 0.00 |
AAR CORPORATIONSOLE | COM | 337.42K | SH | $48.23M 1.69% | 337.42K | 0.00 | 0.00 |
VSE CORPORATIONSOLE | COM | 209.63K | SH | $47.90M 1.68% | 209.63K | 0.00 | 0.00 |
KULICKE AND SOFFA INDUSTRIESSOLE | COM | 349.30K | SH | $46.72M 1.64% | 349.30K | 0.00 | 0.00 |
ARGAN INCSOLE | COM | 58.12K | SH | $46.41M 1.63% | 58.12K | 0.00 | 0.00 |
CECO ENVIRONMENTAL CORPSOLE | COM | 471.22K | SH | $42.76M 1.50% | 471.22K | 0.00 | 0.00 |
INTERDIGITAL INC PA COMSOLE | COM | 148.25K | SH | $41.98M 1.48% | 148.25K | 0.00 | 0.00 |
SEMTECH CORPSOLE | COM | 257.36K | SH | $41.65M 1.46% | 257.36K | 0.00 | 0.00 |
AXCELIS TECHNOLOGIES INCSOLE | COM | 219.44K | SH | $41.57M 1.46% | 219.44K | 0.00 | 0.00 |
ESCO TECHNOLOGIES INCSOLE | COM | 116.46K | SH | $40.76M 1.43% | 116.46K | 0.00 | 0.00 |
GUARDANT HEALTH INCSOLE | COM | 271.38K | SH | $40.72M 1.43% | 271.38K | 0.00 | 0.00 |
LIVANOVA PLCSOLE | COM | 492.87K | SH | $40.53M 1.42% | 492.87K | 0.00 | 0.00 |
PLEXUS CORPSOLE | COM | 134.75K | SH | $40.51M 1.42% | 134.75K | 0.00 | 0.00 |
CORCEPT THERAPEUTICS INCSOLE | COM | 464.90K | SH | $40.42M 1.42% | 464.90K | 0.00 | 0.00 |
PDF SOLUTIONS INCSOLE | COM | 566.43K | SH | $40.10M 1.41% | 566.43K | 0.00 | 0.00 |
COGENT BIOSCIENCES INCSOLE | COM | 1.03M | SH | $39.91M 1.40% | 1.03M | 0.00 | 0.00 |
COHU INCSOLE | COM | 533.62K | SH | $39.44M 1.39% | 533.62K | 0.00 | 0.00 |
ALLEGIANT TRAVEL COSOLE | COM | 313.66K | SH | $36.89M 1.30% | 313.66K | 0.00 | 0.00 |
LEGENCE CORPSOLE | COM | 425.63K | SH | $36.28M 1.27% | 425.63K | 0.00 | 0.00 |
AXOS FINANCIAL INCSOLE | COM | 366.71K | SH | $35.71M 1.26% | 366.71K | 0.00 | 0.00 |
SPYRE THERAPEUTICSSOLE | COM | 401.27K | SH | $35.62M 1.25% | 401.27K | 0.00 | 0.00 |
MODINE MANUFACTURING COSOLE | COM | 131.19K | SH | $35.03M 1.23% | 131.19K | 0.00 | 0.00 |
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