EMERALD MUTUAL FUND ADVISERS TRUST
Q3 2026 Form 13-F
LEOLA, PENNSYLVANIA
CIK 0001352895
· CRD 135130
· SEC-registered investment adviser
$2.5B Reported Value Total
EMERALD MUTUAL FUND ADVISERS TRUST reports 5 total accounts under management (AUM). There are 5 discretionary accounts valued at $2,087,155,055, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-03-30
Reported value
$2.5B
Quarter over quarter
-13.9%
Holdings
184
Top-10 concentration
19.0%
Key People
Form ADV owners & control persons
John Thomas Hailer
MEMBER/MANAGER
James Andrew Meehan
CHIEF COMPLIANCE OFFICER
Kenneth George Mertz
PRESIDENT, CHIEF INVESTMENT OFFICER AND PORTFOLIO MANAGER
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q3 2026 13F record
Q3 2026 13F filing summary
| Period of report | September 30, 2026 |
|---|---|
| Filed | November 09, 2026 |
| Form | 13F-HR |
| Reported value | $2.5B |
| Positions | 184 |
| Change in reported value | -13.8% |
| New positions | 17 |
| Exited positions | 30 |
| Position turnover | 22.0% |
| Top-10 concentration | 19.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 9, 2026
|
184 | $2.5B |
|
Q2 2026 13F
Filed Aug 5, 2026
|
197 | $2.8B |
|
Q1 2026 13F
Filed May 4, 2026
|
199 | $2.1B |
|
Q4 2025 13F
Filed Feb 9, 2026
|
189 | $2.1B |
|
Q3 2025 13F
Filed Oct 30, 2025
|
219 | $1.9B |
|
Q2 2025 13F
Filed Aug 4, 2025
|
212 | $1.6B |
|
Q1 2025 13F
Filed May 1, 2025
|
209 | $1.4B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
212 | $1.6B |
|
Q3 2024 13F
Filed Oct 29, 2024
|
225 | $1.9B |
|
Q2 2024 13F
Filed Aug 6, 2024
|
223 | $1.9B |
|
Q1 2024 13F
Filed May 8, 2024
|
229 | $1.9B |
|
Q4 2023 13F
Filed Feb 5, 2024
|
240 | $1.9B |
|
Q3 2023 13F
Filed Oct 27, 2023
|
236 | $1.7B |
|
Q2 2023 13F
Filed Aug 10, 2023
|
237 | $1.8B |
|
Q1 2023 13F
Filed May 4, 2023
|
217 | $1.7B |
|
Q4 2022 13F
Filed Feb 3, 2023
|
219 | $1.6B |
|
Q3 2022 13F
Filed Oct 25, 2022
|
214 | $1.6B |
|
Q2 2022 13F
Filed Jul 29, 2022
|
211 | $1.7B |
|
Q1 2022 13F
Filed Apr 29, 2022
|
208 | $2.3B |
|
Q4 2021 13F
Filed Feb 2, 2022
|
216 | $2.8B |
34 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | LFSC RBB FD INC | $89.0M | 3.63% |
| 2 | TVTX TRAVERE THERAPEUTICS INC | $58.0M | 2.36% |
| 3 | CORT CORCEPT THERAPEUTICS INC | $54.6M | 2.23% |
| 4 | IDCC INTERDIGITAL INC PA COM | $48.1M | 1.96% |
| 5 | SXT SENSIENT TECHNOLOGIES CORP | $40.1M | 1.64% |
| 6 | COHU COHU INC | $37.1M | 1.51% |
| 7 | PLXS PLEXUS CORP | $35.5M | 1.45% |
| 8 | COGT COGENT BIOSCIENCES INC | $34.8M | 1.42% |
| 9 | MRCY MERCURY SYSTEMS INC | $34.4M | 1.4% |
| 10 | AIR AAR CORPORATION | $34.2M | 1.4% |
| 11 | SMTC SEMTECH CORP | $33.9M | 1.38% |
| 12 | VSEC VSE CORPORATION | $33.6M | 1.37% |
| 13 | GH GUARDANT HEALTH INC | $33.3M | 1.36% |
| 14 | CECO CECO ENVIRONMENTAL CORP | $33.1M | 1.35% |
| 15 | AX AXOS FINANCIAL INC | $33.0M | 1.35% |
| 16 | KLIC KULICKE AND SOFFA INDUSTRIES | $32.9M | 1.34% |
| 17 | LIVN LIVANOVA PLC | $32.9M | 1.34% |
| 18 | SYRE SPYRE THERAPEUTICS | $32.6M | 1.33% |
| 19 | VRNS VARONIS SYSTEMS INC | $32.6M | 1.33% |
| 20 | ESE ESCO TECHNOLOGIES INC | $32.5M | 1.33% |
Values as reported on the Q3 2026 Form 13F. Every position is in the holdings table below.