Instuitional Investor - Emerald Mutual Fund Advisers Trust

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Acadia Pharmaceuticals Inc	ACAD	1,304,556	$40,845,648	2.16%
2.	Carpenter Technology Corp	CRS	564,965	$39,999,522	2.11%
3.	Force Protection Inc	FRPT	452,771	$39,282,412	2.08%
4.	Varonis Systems Inc	VRNS	783,539	$35,478,646	1.87%
5.	Immunogen Inc.	IMGN	1,188,209	$35,230,397	1.86%