-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ULtWgTfIHaZekT4jPCdd2FKvsdoE8ylm3mU/kMX1DhrBf8EryU0DUluhGM33+V8Q BUrWbiudKgvxSkjbJDeQ5w== 0001144204-09-021925.txt : 20090423 0001144204-09-021925.hdr.sgml : 20090423 20090422203502 ACCESSION NUMBER: 0001144204-09-021925 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090423 DATE AS OF CHANGE: 20090422 EFFECTIVENESS DATE: 20090423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EMERALD MUTUAL FUND ADVISERS TRUST CENTRAL INDEX KEY: 0001352895 IRS NUMBER: 202531403 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11623 FILM NUMBER: 09764810 BUSINESS ADDRESS: STREET 1: 1703 OREGON PIKE CITY: LANCASTER STATE: PA ZIP: 17601 BUSINESS PHONE: 717 396 1116 MAIL ADDRESS: STREET 1: 1703 OREGON PIKE CITY: LANCASTER STATE: PA ZIP: 17601 13F-HR 1 v146924_13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2009 Check here if Amendment [_]; Amendment Number: ___ This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Emerald Mutual Fund Advisers, Trust Address: 1703 Oregon Pike Suite 101 Lancaster, PA 17601 Form 13F File Number: 028-05618 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Kenneth G. Mertz II Title: President Phone: 717-396-1116 Signature, Place, and Date of Signing: /s/ Kenneth G. Mertz II Lancaster, Pennsylvania April 16, 2009 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report. [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: None. Form 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY TOTAL: 296 FORM 13F INFORMATION TABLE VALUE TOTAL: $287,934 (thousands) List of other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state NONE and omit the column headings and list entries.] NO. 13F FILE NUMBER NAME 01 028-12088 FORWARD MANAGEMENT, LLC EMERALD MUTUAL FUND ADVISERS TRUST PAGE 1 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 99 CENTS ONLY STORES COM COM 65440K106 1662 179874 SH SOLE 179874 0 0 99 CENTS ONLY STORES COM COM 65440K106 965 104397 SH OTHER 01 0 104397 0 ADVENT SOFTWARE INC COM COM 007974108 948 28462 SH SOLE 28462 0 0 ADVENT SOFTWARE INC COM COM 007974108 1196 35891 SH OTHER 01 0 35891 0 AEROPOSTALE INC COM 007865108 1513 56980 SH SOLE 56980 0 0 AEROPOSTALE INC COM 007865108 850 32010 SH OTHER 01 0 32010 0 AFFILIATED MANAGERS GROUP INCO COM 008252108 309 7400 SH OTHER 01 0 7400 0 AIRGAS INC COM COM 009363102 1814 53658 SH SOLE 53658 0 0 AIRGAS INC COM COM 009363102 1071 31673 SH OTHER 01 0 31673 0 AIRTRAN HLDGS INC COM COM 00949P108 1547 340072 SH SOLE 340072 0 0 AIRTRAN HLDGS INC COM COM 00949P108 860 188923 SH OTHER 01 0 188923 0 ALEXION PHARMACEUTICALS INC CO COM 015351109 2239 59464 SH SOLE 59464 0 0 ALEXION PHARMACEUTICALS INC CO COM 015351109 1252 33242 SH OTHER 01 0 33242 0 ALLEGIANT TRAVEL COMPANY COM 01748X102 2269 49913 SH SOLE 49913 0 0 ALLEGIANT TRAVEL COMPANY COM 01748X102 1317 28981 SH OTHER 01 0 28981 0 AMERICAN CAMPUS CMNTYS INC COM COM 024835100 415 23900 SH OTHER 01 0 23900 0 AMERICAN ITALIAN PASTA CO CL A COM 027070101 1149 33010 SH SOLE 33010 0 0 AMERICAN ITALIAN PASTA CO CL A COM 027070101 488 14032 SH OTHER 01 0 14032 0 AMTRUST FINANCIAL SERVICES ICO COM 032359309 481 50400 SH OTHER 01 0 50400 0 ANSYS INC COM COM 03662Q105 2687 107050 SH SOLE 107050 0 0 ANSYS INC COM COM 03662Q105 1609 64120 SH OTHER 01 0 64120 0 ARENA RESOURCES INC COM COM 040049108 1243 48788 SH SOLE 48788 0 0 ARENA RESOURCES INC COM COM 040049108 706 27694 SH OTHER 01 0 27694 0 ARROW FINL CORP COM COM 042744102 898 37920 SH OTHER 01 0 37920 0 ATHEROS COMMUNICATIONS INC COM COM 04743P108 720 49086 SH SOLE 49086 0 0 ATHEROS COMMUNICATIONS INC COM COM 04743P108 402 27440 SH OTHER 01 0 27440 0 ATLAS ENERGY RESOURCES LLC COM COM 049303100 360 34146 SH SOLE 34146 0 0 ATLAS ENERGY RESOURCES LLC COM COM 049303100 225 21298 SH OTHER 01 0 21298 0 AXSYS TECHNOLOGIES INC COM COM 054615109 1420 33768 SH SOLE 33768 0 0 AXSYS TECHNOLOGIES INC COM COM 054615109 756 17974 SH OTHER 01 0 17974 0 BADGER METER INC COM COM 056525108 705 24414 SH SOLE 24414 0 0 BADGER METER INC COM COM 056525108 323 11192 SH OTHER 01 0 11192 0 BANCORPSOUTH INC COM COM 059692103 550 26400 SH OTHER 01 0 26400 0 BANK OF MARIN BANCORP COM COM 063425102 933 43366 SH OTHER 01 0 43366 0 BANK OF THE OZARKS INC COM COM 063904106 1579 68419 SH OTHER 01 0 68419 0 BERKLEY W R CORP COM COM 084423102 422 18700 SH OTHER 01 0 18700 0 BERKSHIRE HILLS BANCORP INC CO COM 084680107 1217 53100 SH OTHER 01 0 53100 0 BIO RAD LABS INC CL A COM 090572207 757 11490 SH SOLE 11490 0 0 BIO RAD LABS INC CL A COM 090572207 440 6674 SH OTHER 01 0 6674 0 BIOMARIN PHARMACEUTICAL INC CO COM 09061G101 714 57795 SH SOLE 57795 0 0 BIOMARIN PHARMACEUTICAL INC CO COM 09061G101 399 32303 SH OTHER 01 0 32303 0 BIOMIMETIC THERAPEUTICS INC CO COM 09064X101 1136 160043 SH SOLE 160043 0 0 BIOMIMETIC THERAPEUTICS INC CO COM 09064X101 628 88519 SH OTHER 01 0 88519 0 BIO-REFERENCE LABS INC COM PAR COM 09057G602 1934 92490 SH SOLE 92490 0 0 BIO-REFERENCE LABS INC COM PAR COM 09057G602 1071 51223 SH OTHER 01 0 51223 0 BJ'S RESTAURANT INC COM 09180C106 1852 133142 SH SOLE 133142 0 0 BJ'S RESTAURANT INC COM 09180C106 1062 76324 SH OTHER 01 0 76324 0 BLACKBOARD INC COM COM 091935502 2957 93161 SH SOLE 93161 0 0 BLACKBOARD INC COM COM 091935502 1662 52349 SH OTHER 01 0 52349 0 BOSTON PRIVATE FINL HLDGS INCO COM 101119105 143 40600 SH OTHER 01 0 40600 0 BROCADE COMMUNICATIONS SYS ICO COM 111621306 486 140820 SH SOLE 140820 0 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 2 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BROCADE COMMUNICATIONS SYS ICO COM 111621306 277 80327 SH OTHER 01 0 80327 0 CALGON CARBON CORP COM COM 129603106 2253 159028 SH SOLE 159028 0 0 CALGON CARBON CORP COM COM 129603106 1313 92644 SH OTHER 01 0 92644 0 CALIFORNIA PIZZA KITCHEN INCCO COM 13054D109 567 43365 SH SOLE 43365 0 0 CALIFORNIA PIZZA KITCHEN INCCO COM 13054D109 330 25265 SH OTHER 01 0 25265 0 CAMDEN NATL CORP COM COM 133034108 262 11457 SH OTHER 01 0 11457 0 CAPELLA EDUCATION CO COM 139594105 2237 42200 SH SOLE 42200 0 0 CAPELLA EDUCATION CO COM 139594105 1250 23590 SH OTHER 01 0 23590 0 CARDIONET INC COM COM 14159L103 704 25080 SH SOLE 25080 0 0 CARDIONET INC COM COM 14159L103 394 14040 SH OTHER 01 0 14040 0 CASCADE FINL CORP COM COM 147272108 209 83691 SH OTHER 01 0 83691 0 CASS INFORMATION SYS INC COM COM 14808P109 1224 37743 SH OTHER 01 0 37743 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 192 9682 SH SOLE 9682 0 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 112 5641 SH OTHER 01 0 5641 0 CAVIUM NETWORKS INC COM COM 14965A101 1183 102516 SH SOLE 102516 0 0 CAVIUM NETWORKS INC COM COM 14965A101 661 57293 SH OTHER 01 0 57293 0 CEPHEID COM COM 15670R107 307 44494 SH SOLE 44494 0 0 CEPHEID COM COM 15670R107 184 26667 SH OTHER 01 0 26667 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 1172 17662 SH SOLE 17662 0 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 656 9886 SH OTHER 01 0 9886 0 CHIQUITA BRANDS INTL INC COM COM 170032809 1504 226872 SH SOLE 226872 0 0 CHIQUITA BRANDS INTL INC COM COM 170032809 777 117156 SH OTHER 01 0 117156 0 CODORUS VALLEY BANCORP COM COM 192025104 643 79767 SH OTHER 01 0 79767 0 COMMUNITY BANKERS TR CORP COM COM 203612106 147 43329 SH OTHER 01 0 43329 0 COMMUNITY BK SYS INC COM COM 203607106 720 43000 SH OTHER 01 0 43000 0 COMPASS MINERALS INTL INC COM COM 20451N101 1647 29212 SH SOLE 29212 0 0 COMPASS MINERALS INTL INC COM COM 20451N101 920 16326 SH OTHER 01 0 16326 0 COMSTOCK RES INC COM COM 205768203 645 21630 SH SOLE 21630 0 0 COMSTOCK RES INC COM COM 205768203 375 12600 SH OTHER 01 0 12600 0 CONCHO RES INC COM COM 20605P101 576 22490 SH SOLE 22490 0 0 CONCHO RES INC COM COM 20605P101 292 11420 SH OTHER 01 0 11420 0 CULLEN FROST BANKERS INC COM COM 229899109 1408 30000 SH OTHER 01 0 30000 0 DANVERS BANCORP INC COM COM 236442109 775 56100 SH OTHER 01 0 56100 0 DATA DOMAIN INC COM COM 23767P109 418 33251 SH SOLE 33251 0 0 DATA DOMAIN INC COM COM 23767P109 243 19315 SH OTHER 01 0 19315 0 DIAMOND FOODS INC COM 252603105 2525 90403 SH SOLE 90403 0 0 DIAMOND FOODS INC COM 252603105 1508 54002 SH OTHER 01 0 54002 0 DIME CMNTY BANCORP INC COM COM 253922108 391 41700 SH OTHER 01 0 41700 0 EAST WEST BANCORP INC COM COM 27579R104 47 10300 SH OTHER 01 0 10300 0 EBIX INC COM NEW COM 278715206 1943 78204 SH SOLE 78204 0 0 EBIX INC COM NEW COM 278715206 1132 45538 SH OTHER 01 0 45538 0 ENERGY CONVRSN DEVICES INC COM COM 292659109 268 20200 SH SOLE 20200 0 0 ENERGY CONVRSN DEVICES INC COM COM 292659109 156 11770 SH OTHER 01 0 11770 0 ENTERPRISE FINL SVCS CORP COM COM 293712105 600 61446 SH OTHER 01 0 61446 0 ENVIRONMENTAL TECTONICS CORPCO COM 294092101 31 35036 SH OTHER 01 0 35036 0 ERIE INDTY CO CL A COM 29530P102 341 9983 SH OTHER 01 0 9983 0 EXCO RESOURCES INC COM COM 269279402 726 72634 SH SOLE 72634 0 0 EXCO RESOURCES INC COM COM 269279402 378 37820 SH OTHER 01 0 37820 0 FEI CO COM COM 30241L109 1060 68678 SH SOLE 68678 0 0 FEI CO COM COM 30241L109 618 40056 SH OTHER 01 0 40056 0 FIRST COMWLTH FINL CORP PA COM COM 319829107 170 19200 SH OTHER 01 0 19200 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 3 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- FIRST FINL BANCSHARES INC COM COM 32020R109 939 19500 SH OTHER 01 0 19500 0 FIRST LONG IS CORP COM COM 320734106 426 21100 SH OTHER 01 0 21100 0 FIRST NIAGARA FINL GP INC COM COM 33582V108 567 52100 SH OTHER 01 0 52100 0 FLIR SYS INC COM COM 302445101 1363 66565 SH SOLE 66565 0 0 FLIR SYS INC COM COM 302445101 792 38652 SH OTHER 01 0 38652 0 GENCO SHIPPING & TRADING LTDSH COM Y2685T107 319 25888 SH SOLE 25888 0 0 GENCO SHIPPING & TRADING LTDSH COM Y2685T107 205 16600 SH OTHER 01 0 16600 0 GENOMIC HEALTH INC COM COM 37244C101 174 7140 SH SOLE 7140 0 0 GENOMIC HEALTH INC COM COM 37244C101 101 4160 SH OTHER 01 0 4160 0 GLACIER BANCORP INC NEW COM COM 37637Q105 716 45600 SH OTHER 01 0 45600 0 GREIF BROS CORP COM 397624107 713 21404 SH SOLE 21404 0 0 GREIF BROS CORP COM 397624107 415 12472 SH OTHER 01 0 12472 0 GSI COMM INC COM COM 36238G102 2736 208892 SH SOLE 208892 0 0 GSI COMM INC COM COM 36238G102 1518 115842 SH OTHER 01 0 115842 0 HAEMONETICS CORP COM COM 405024100 1987 36070 SH SOLE 36070 0 0 HAEMONETICS CORP COM COM 405024100 1154 20960 SH OTHER 01 0 20960 0 HANOVER INS GROUP INC COM COM 410867105 891 30900 SH OTHER 01 0 30900 0 HARLEYSVILLE GROUP INC COM COM 412824104 808 25400 SH OTHER 01 0 25400 0 HARLEYSVILLE NATL CORP PA COM COM 412850109 527 86945 SH OTHER 01 0 86945 0 HARMONIC INC COM COM 413160102 1520 233880 SH SOLE 233880 0 0 HARMONIC INC COM COM 413160102 812 124855 SH OTHER 01 0 124855 0 HCC INS HLDGS INC COM COM 404132102 1988 78906 SH SOLE 78906 0 0 HCC INS HLDGS INC COM COM 404132102 3123 123997 SH OTHER 01 0 123997 0 HEARTLAND FINL USA INC COM COM 42234Q102 349 25778 SH OTHER 01 0 25778 0 HF FINL CORP COM COM 404172108 871 68305 SH OTHER 01 0 68305 0 HITTITE MICROWAVE CORP COM 43365Y104 645 20670 SH SOLE 20670 0 0 HITTITE MICROWAVE CORP COM 43365Y104 376 12050 SH OTHER 01 0 12050 0 HUB GROUP INC CL A COM 443320106 942 55428 SH SOLE 55428 0 0 HUB GROUP INC CL A COM 443320106 519 30534 SH OTHER 01 0 30534 0 IBERIABANK CORP COM COM 450828108 2319 50480 SH SOLE 50480 0 0 IBERIABANK CORP COM COM 450828108 3390 73798 SH OTHER 01 0 73798 0 ICONIX BRAND GROUP INC COM COM 451055107 1953 220656 SH SOLE 220656 0 0 ICONIX BRAND GROUP INC COM COM 451055107 1065 120316 SH OTHER 01 0 120316 0 II-VI INC COM COM 902104108 1506 87673 SH SOLE 87673 0 0 II-VI INC COM COM 902104108 877 51058 SH OTHER 01 0 51058 0 ILLUMINA INC COM COM 452327109 1551 41642 SH SOLE 41642 0 0 ILLUMINA INC COM COM 452327109 905 24290 SH OTHER 01 0 24290 0 IMMUCOR INC COM COM 452526106 1691 67232 SH SOLE 67232 0 0 IMMUCOR INC COM COM 452526106 950 37776 SH OTHER 01 0 37776 0 INDEPENDENT BK CORP MASS COM COM 453836108 648 43900 SH OTHER 01 0 43900 0 INTERNET CAPITAL GROUP INC (NE COM 46059C205 518 128491 SH SOLE 128491 0 0 INTERNET CAPITAL GROUP INC (NE COM 46059C205 302 75033 SH OTHER 01 0 75033 0 ITC HLDGS CORP COM COM 465685105 1138 26090 SH SOLE 26090 0 0 ITC HLDGS CORP COM COM 465685105 583 13360 SH OTHER 01 0 13360 0 IXIA COM COM 45071R109 1083 209571 SH SOLE 209571 0 0 IXIA COM COM 45071R109 591 114309 SH OTHER 01 0 114309 0 J2 GLOBAL COMMUNICATONS INC CO COM 46626E205 909 41526 SH SOLE 41526 0 0 J2 GLOBAL COMMUNICATONS INC CO COM 46626E205 528 24130 SH OTHER 01 0 24130 0 KBW INC COM 482423100 1247 61300 SH OTHER 01 0 61300 0 KENNAMETAL INC COM COM 489170100 1035 63860 SH SOLE 63860 0 0 KENNAMETAL INC COM COM 489170100 587 36210 SH OTHER 01 0 36210 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 4 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- LAKELAND FINL CORP COM COM 511656100 655 34138 SH OTHER 01 0 34138 0 LUMINEX CORP DEL COM COM 55027E102 298 16456 SH SOLE 16456 0 0 LUMINEX CORP DEL COM COM 55027E102 173 9562 SH OTHER 01 0 9562 0 MACROVISION SOLUTIONS CORPORAT COM 55611C108 925 51980 SH SOLE 51980 0 0 MACROVISION SOLUTIONS CORPORAT COM 55611C108 517 29060 SH OTHER 01 0 29060 0 MARINER ENERGY INC COM COM 56845T305 1565 201893 SH SOLE 201893 0 0 MARINER ENERGY INC COM COM 56845T305 806 104050 SH OTHER 01 0 104050 0 MARTEK BIOSCIENCES CORP COM COM 572901106 1539 84340 SH SOLE 84340 0 0 MARTEK BIOSCIENCES CORP COM COM 572901106 897 49140 SH OTHER 01 0 49140 0 MARVEL ENTERTAINMENT INC COM 57383T103 3337 125690 SH SOLE 125690 0 0 MARVEL ENTERTAINMENT INC COM 57383T103 1898 71490 SH OTHER 01 0 71490 0 MASIMO CORPORATION COM 574795100 1225 42286 SH SOLE 42286 0 0 MASIMO CORPORATION COM 574795100 678 23408 SH OTHER 01 0 23408 0 MEADOWBROOK INS GROUP INC COM COM 58319P108 1229 201552 SH OTHER 01 0 201552 0 MERCER INS GROUP INC COM COM 587902107 1061 74230 SH OTHER 01 0 74230 0 METROCORP BANCSHARES INC COM COM 591650106 85 30348 SH OTHER 01 0 30348 0 MICROS SYS INC COM COM 594901100 1194 63682 SH SOLE 63682 0 0 MICROS SYS INC COM COM 594901100 695 37040 SH OTHER 01 0 37040 0 MICROSEMI CORP COM COM 595137100 1672 144101 SH SOLE 144101 0 0 MICROSEMI CORP COM COM 595137100 939 80965 SH OTHER 01 0 80965 0 MIDWESTONE FINANCIAL GROUP INC COM 598511103 251 26800 SH OTHER 01 0 26800 0 MONOLITHIC PWR SYS INC COM COM 609839105 779 50227 SH SOLE 50227 0 0 MONOLITHIC PWR SYS INC COM COM 609839105 435 28072 SH OTHER 01 0 28072 0 MYR GROUP INC DEL COM COM 55405W104 494 32378 SH SOLE 32378 0 0 MYR GROUP INC DEL COM COM 55405W104 267 17499 SH OTHER 01 0 17499 0 MYRIAD GENETICS INC COM COM 62855J104 2570 56514 SH SOLE 56514 0 0 MYRIAD GENETICS INC COM COM 62855J104 1324 29120 SH OTHER 01 0 29120 0 N B T BANCORP INC COM COM 628778102 268 12400 SH OTHER 01 0 12400 0 NATIONAL RETAIL PROPERTIES INC COM 637417106 382 24090 SH SOLE 24090 0 0 NATIONAL RETAIL PROPERTIES INC COM 637417106 294 18540 SH OTHER 01 0 18540 0 NAVIGATORS GROUP INC COM COM 638904102 1668 35349 SH SOLE 35349 0 0 NAVIGATORS GROUP INC COM COM 638904102 2268 48078 SH OTHER 01 0 48078 0 NCI INC CL A COM 62886K104 228 8750 SH SOLE 8750 0 0 NCI INC CL A COM 62886K104 128 4920 SH OTHER 01 0 4920 0 NETLOGIC MICROSYSTEMS INC COM COM 64118B100 948 34512 SH SOLE 34512 0 0 NETLOGIC MICROSYSTEMS INC COM COM 64118B100 533 19385 SH OTHER 01 0 19385 0 NEUTRAL TANDEM, INC COM 64128B108 4253 172825 SH SOLE 172825 0 0 NEUTRAL TANDEM, INC COM 64128B108 2381 96745 SH OTHER 01 0 96745 0 NEWALLIANCE BANCSHARES INC COM COM 650203102 379 32300 SH OTHER 01 0 32300 0 NUANCE COMMUNICATIONS INC COM 67020Y100 978 90180 SH SOLE 90180 0 0 NUANCE COMMUNICATIONS INC COM 67020Y100 547 50480 SH OTHER 01 0 50480 0 NUVASIVE INC COM COM 670704105 460 14672 SH SOLE 14672 0 0 NUVASIVE INC COM COM 670704105 267 8522 SH OTHER 01 0 8522 0 OLD DOMINION FGHT LINES INC CO COM 679580100 409 17393 SH SOLE 17393 0 0 OLD DOMINION FGHT LINES INC CO COM 679580100 237 10103 SH OTHER 01 0 10103 0 ONYX PHARMACEUTICALS INC COM COM 683399109 343 12028 SH SOLE 12028 0 0 ONYX PHARMACEUTICALS INC COM COM 683399109 200 7009 SH OTHER 01 0 7009 0 OSI PHARMACEUTICALS INC COM COM 671040103 2696 70468 SH SOLE 70468 0 0 OSI PHARMACEUTICALS INC COM COM 671040103 1509 39444 SH OTHER 01 0 39444 0 PENN VIRGINIA CORP COM 707882106 135 12315 SH SOLE 12315 0 0 PERRIGO CO COM COM 714290103 1494 60166 SH SOLE 60166 0 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 5 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- PERRIGO CO COM COM 714290103 871 35093 SH OTHER 01 0 35093 0 PHASE FORWARD INC COM COM 71721R406 1296 101330 SH SOLE 101330 0 0 PHASE FORWARD INC COM COM 71721R406 728 56938 SH OTHER 01 0 56938 0 PINNACLE FINL PARTNERS INC COM COM 72346Q104 1603 67600 SH OTHER 01 0 67600 0 PMC-SIERRA INC COM COM 69344F106 666 104568 SH SOLE 104568 0 0 PMC-SIERRA INC COM COM 69344F106 374 58639 SH OTHER 01 0 58639 0 PRINCETON NATL BANCORP INC COM COM 742282106 593 42386 SH OTHER 01 0 42386 0 PRIVATEBANCORP INC COM COM 742962103 773 53424 SH SOLE 53424 0 0 PRIVATEBANCORP INC COM COM 742962103 993 68646 SH OTHER 01 0 68646 0 PROSPERITY BANCSHARES INC COM COM 743606105 783 28644 SH SOLE 28644 0 0 PROSPERITY BANCSHARES INC COM COM 743606105 1439 52602 SH OTHER 01 0 52602 0 QUALITY SYS INC COM COM 747582104 687 15176 SH SOLE 15176 0 0 QUALITY SYS INC COM COM 747582104 386 8539 SH OTHER 01 0 8539 0 RAYMOND JAMES FINL INC COM COM 754730109 1168 59300 SH OTHER 01 0 59300 0 REGENERON PHARMACEUTICALS COM COM 75886F107 1131 81614 SH SOLE 81614 0 0 REGENERON PHARMACEUTICALS COM COM 75886F107 564 40698 SH OTHER 01 0 40698 0 RENAISSANCERE HOLDINGS LTD COM COM G7496G103 559 11300 SH OTHER 01 0 11300 0 RESMED INC COM COM 761152107 1935 54740 SH SOLE 54740 0 0 RESMED INC COM COM 761152107 1139 32234 SH OTHER 01 0 32234 0 RIVERBED TECHNOLOGY INC COM COM 768573107 538 41138 SH SOLE 41138 0 0 RIVERBED TECHNOLOGY INC COM COM 768573107 280 21429 SH OTHER 01 0 21429 0 S & T BANCORP INC COM COM 783859101 221 10400 SH OTHER 01 0 10400 0 SBA COMMUNICATIONS CORP CL A COM 78388J106 4439 190508 SH SOLE 190508 0 0 SBA COMMUNICATIONS CORP CL A COM 78388J106 2433 104429 SH OTHER 01 0 104429 0 SEATTLE GENETICS INC COM COM 812578102 828 83994 SH SOLE 83994 0 0 SEATTLE GENETICS INC COM COM 812578102 482 48892 SH OTHER 01 0 48892 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 488 20776 SH SOLE 20776 0 0 SENSIENT TECHNOLOGIES CORP COM 81725T100 284 12073 SH OTHER 01 0 12073 0 SEQUENOM INC COM NEW COM 817337405 1642 115496 SH SOLE 115496 0 0 SEQUENOM INC COM NEW COM 817337405 959 67411 SH OTHER 01 0 67411 0 SIGNATURE BK NEW YORK N Y COM COM 82669G104 122 4310 SH SOLE 4310 0 0 SIGNATURE BK NEW YORK N Y COM COM 82669G104 1301 46095 SH OTHER 01 0 46095 0 SMITHTOWN BANCORP INC COM COM 832449102 1469 130252 SH OTHER 01 0 130252 0 SOUTHSIDE BANCSHARES INC COM COM 84470P109 348 18400 SH OTHER 01 0 18400 0 SOUTHWEST BANCORP INC OKLA COM COM 844767103 626 66700 SH OTHER 01 0 66700 0 STIFEL FINL CORP COM COM 860630102 1898 43834 SH OTHER 01 0 43834 0 SUCCESSFACTORS INC COM 864596101 767 100528 SH SOLE 100528 0 0 SUCCESSFACTORS INC COM 864596101 323 42382 SH OTHER 01 0 42382 0 SVB FINL GROUP COM COM 78486Q101 474 23677 SH SOLE 23677 0 0 SVB FINL GROUP COM COM 78486Q101 647 32331 SH OTHER 01 0 32331 0 SYBASE INC COM COM 871130100 1073 35424 SH SOLE 35424 0 0 SYBASE INC COM COM 871130100 600 19802 SH OTHER 01 0 19802 0 TAMALPAIS BANCORP COM 87485H103 822 149388 SH OTHER 01 0 149388 0 TECHE HLDG CO COM COM 878330109 433 14200 SH OTHER 01 0 14200 0 TETRA TECH INC NEW COM COM 88162G103 1120 54946 SH SOLE 54946 0 0 TETRA TECH INC NEW COM COM 88162G103 652 32013 SH OTHER 01 0 32013 0 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 1394 123825 SH SOLE 123825 0 0 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 2939 261030 SH OTHER 01 0 261030 0 THESTREET COM INC COM COM 88368Q103 311 157744 SH SOLE 157744 0 0 THESTREET COM INC COM COM 88368Q103 422 214150 SH OTHER 01 0 214150 0 THORATEC LABS CORP COM NEW COM 885175307 3103 120799 SH SOLE 120799 0 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 6 FORM 13F INFORMATION TABLE AS OF DATE: 03/31/09
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- THORATEC LABS CORP COM NEW COM 885175307 1808 70394 SH OTHER 01 0 70394 0 ULTA SALON COSMETICS & FRAGR COM 90384S303 733 110662 SH SOLE 110662 0 0 ULTA SALON COSMETICS & FRAGR COM 90384S303 438 66206 SH OTHER 01 0 66206 0 ULTIMATE SOFTWARE GROUP INC CO COM 90385D107 1826 105788 SH SOLE 105788 0 0 ULTIMATE SOFTWARE GROUP INC CO COM 90385D107 1035 59970 SH OTHER 01 0 59970 0 UNDER ARMOUR INC CL A COM 904311107 678 41284 SH SOLE 41284 0 0 UNDER ARMOUR INC CL A COM 904311107 380 23112 SH OTHER 01 0 23112 0 UNITED AMERICA INDEMNITY LTD C COM 90933T109 108 26862 SH OTHER 01 0 26862 0 UNITED THERAPEUTICS CORP DELCO COM 91307C102 1879 28434 SH SOLE 28434 0 0 UNITED THERAPEUTICS CORP DELCO COM 91307C102 1091 16507 SH OTHER 01 0 16507 0 UNIVERSAL DISPLAY CORP COM COM 91347P105 984 107356 SH SOLE 107356 0 0 UNIVERSAL DISPLAY CORP COM COM 91347P105 551 60087 SH OTHER 01 0 60087 0 URSTADT BIDDLE PPTYS INC CL A COM 917286205 1074 80000 SH OTHER 01 0 80000 0 VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 762 35188 SH SOLE 35188 0 0 VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 369 17013 SH OTHER 01 0 17013 0 VIASAT INC COM COM 92552V100 2632 126432 SH SOLE 126432 0 0 VIASAT INC COM COM 92552V100 1534 73677 SH OTHER 01 0 73677 0 VISTAPRINT LIMITED SHS COM G93762204 522 18979 SH SOLE 18979 0 0 VISTAPRINT LIMITED SHS COM G93762204 317 11539 SH OTHER 01 0 11539 0 VOLCANO CORPORATION COM COM 928645100 2057 141358 SH SOLE 141358 0 0 VOLCANO CORPORATION COM COM 928645100 1198 82323 SH OTHER 01 0 82323 0 WABTEC CORPORATION COM 929740108 1634 61940 SH SOLE 61940 0 0 WABTEC CORPORATION COM 929740108 913 34625 SH OTHER 01 0 34625 0 WARNACO GROUP INC CL A NEW COM 934390402 451 18790 SH SOLE 18790 0 0 WARNACO GROUP INC CL A NEW COM 934390402 209 8690 SH OTHER 01 0 8690 0 WASHINGTON TR BANCORP INC COM COM 940610108 791 48700 SH OTHER 01 0 48700 0 WASTE CONNECTIONS INC COM COM 941053100 1946 75718 SH SOLE 75718 0 0 WASTE CONNECTIONS INC COM COM 941053100 1108 43108 SH OTHER 01 0 43108 0 WATSON WYATT & CO HLDGS CL A COM 942712100 924 18710 SH SOLE 18710 0 0 WATSON WYATT & CO HLDGS CL A COM 942712100 425 8600 SH OTHER 01 0 8600 0 WENDYS/ARBYS GROUP INC COM 950587105 1533 304698 SH SOLE 304698 0 0 WENDYS/ARBYS GROUP INC COM 950587105 858 170554 SH OTHER 01 0 170554 0 WESTERN ALLIANCE BANCORP COM 957638109 886 194229 SH OTHER 01 0 194229 0 WESTFIELD FINL INC COM COM 96008P104 1011 114900 SH OTHER 01 0 114900 0 WET SEAL INC CL A COM 961840105 2034 605437 SH SOLE 605437 0 0 WET SEAL INC CL A COM 961840105 1137 338448 SH OTHER 01 0 338448 0 WHITING PETE CORP NEW COM COM 966387102 1274 49286 SH SOLE 49286 0 0 WHITING PETE CORP NEW COM COM 966387102 688 26630 SH OTHER 01 0 26630 0 WILSHIRE BANCORP INC COM 97186T108 188 36368 SH OTHER 01 0 36368 0 WSFS FINL CORP COM COM 929328102 222 9919 SH OTHER 01 0 9919 0 YADKIN VALLEY FINANCIAL CORPOR COM 984314104 403 54046 SH OTHER 01 0 54046 0
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