-----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, AvvqnhTsutcsFFLmJjysgPJltyInIKrETONOBBn5VG0j++l6gT1xPz6IgqvclcG2 dgehqwX03al5L+70wB21Nw== 0001144204-09-055812.txt : 20091102 0001144204-09-055812.hdr.sgml : 20091102 20091102114321 ACCESSION NUMBER: 0001144204-09-055812 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091102 DATE AS OF CHANGE: 20091102 EFFECTIVENESS DATE: 20091102 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: 091150247 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 v164416_13f-hr.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: September 30, 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 October 27, 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: 359 FORM 13F INFORMATION TABLE VALUE TOTAL: $385,267 (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: 09/30/09
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 2198 163434 SH SOLE 163434 0 0 99 CENTS ONLY STORES COM COM 65440K106 1139 84697 SH OTHER 01 0 84697 0 ABOVENET INC COM COM 00374N107 1203 24668 SH SOLE 24668 0 0 ABOVENET INC COM COM 00374N107 596 12224 SH OTHER 01 0 12224 0 AFFILIATED MANAGERS GROUP INCO COM 008252108 520 8000 SH OTHER 01 0 8000 0 AIRGAS INC COM COM 009363102 921 19040 SH SOLE 19040 0 0 AIRGAS INC COM COM 009363102 471 9747 SH OTHER 01 0 9747 0 AIRTRAN HLDGS INC COM COM 00949P108 1628 260422 SH SOLE 260422 0 0 AIRTRAN HLDGS INC COM COM 00949P108 854 136583 SH OTHER 01 0 136583 0 ALLIED NEVADA GOLD CORP COM COM 019344100 744 75960 SH SOLE 75960 0 0 ALLIED NEVADA GOLD CORP COM COM 019344100 379 38750 SH OTHER 01 0 38750 0 AMAG PHARMACEUTICALS INC COM COM 00163U106 1533 35090 SH SOLE 35090 0 0 AMAG PHARMACEUTICALS INC COM COM 00163U106 760 17400 SH OTHER 01 0 17400 0 AMERICAN CAMPUS CMNTYS INC COM COM 024835100 569 21200 SH OTHER 01 0 21200 0 AMERICAN MED SYS HLDGS INC COM COM 02744M108 490 28960 SH SOLE 28960 0 0 AMERICAN MED SYS HLDGS INC COM COM 02744M108 236 13960 SH OTHER 01 0 13960 0 AMERICAN SUPERCONDUCTOR CORPCO COM 030111108 1090 32490 SH SOLE 32490 0 0 AMERICAN SUPERCONDUCTOR CORPCO COM 030111108 564 16820 SH OTHER 01 0 16820 0 ANSYS INC COM COM 03662Q105 3257 87032 SH SOLE 87032 0 0 ANSYS INC COM COM 03662Q105 1554 41541 SH OTHER 01 0 41541 0 ARROW FINL CORP COM COM 042744102 863 31641 SH OTHER 01 0 31641 0 ATHENAHEALTH INC COM COM 04685W103 2298 59884 SH SOLE 59884 0 0 ATHENAHEALTH INC COM COM 04685W103 1182 30817 SH OTHER 01 0 30817 0 ATHEROS COMMUNICATIONS INC COM COM 04743P108 2022 76224 SH SOLE 76224 0 0 ATHEROS COMMUNICATIONS INC COM COM 04743P108 1041 39234 SH OTHER 01 0 39234 0 ATLAS AMERICA INC COM COM 049298102 1411 52126 SH SOLE 52126 0 0 ATLAS AMERICA INC COM COM 049298102 729 26944 SH OTHER 01 0 26944 0 BALDOR ELEC CO COM COM 057741100 1156 42296 SH SOLE 42296 0 0 BALDOR ELEC CO COM COM 057741100 582 21298 SH OTHER 01 0 21298 0 BANCORP INC DEL COM COM 05969A105 642 112200 SH OTHER 01 0 112200 0 BANCORPSOUTH INC COM COM 059692103 583 23900 SH OTHER 01 0 23900 0 BANK OF MARIN BANCORP COM COM 063425102 951 30366 SH OTHER 01 0 30366 0 BANK OF THE OZARKS INC COM COM 063904106 1082 40779 SH OTHER 01 0 40779 0 BERKLEY W R CORP COM COM 084423102 228 9000 SH OTHER 01 0 9000 0 BERKSHIRE HILLS BANCORP INC CO COM 084680107 876 39937 SH OTHER 01 0 39937 0 BIOMIMETIC THERAPEUTICS INC CO COM 09064X101 2424 198491 SH SOLE 198491 0 0 BIOMIMETIC THERAPEUTICS INC CO COM 09064X101 1221 99968 SH OTHER 01 0 99968 0 BIO-REFERENCE LABS INC COM PAR COM 09057G602 3347 97300 SH SOLE 97300 0 0 BIO-REFERENCE LABS INC COM PAR COM 09057G602 1729 50273 SH OTHER 01 0 50273 0 BJ'S RESTAURANT INC COM 09180C106 1128 75222 SH SOLE 75222 0 0 BJ'S RESTAURANT INC COM 09180C106 586 39089 SH OTHER 01 0 39089 0 BLACKBOARD INC COM COM 091935502 2179 57677 SH SOLE 57677 0 0 BLACKBOARD INC COM COM 091935502 1119 29612 SH OTHER 01 0 29612 0 BOSTON PRIVATE FINL HLDGS INCO COM 101119105 151 23300 SH OTHER 01 0 23300 0 BRIGHAM EXPL CO COM COM 109178103 558 61410 SH SOLE 61410 0 0 BRIGHAM EXPL CO COM COM 109178103 276 30385 SH OTHER 01 0 30385 0 BROADPOINT GLEACHER SECURITIES COM 11134A103 1259 150972 SH SOLE 150972 0 0 BROADPOINT GLEACHER SECURITIES COM 11134A103 1129 135376 SH OTHER 01 0 135376 0 CALGON CARBON CORP COM COM 129603106 2533 170828 SH SOLE 170828 0 0 CALGON CARBON CORP COM COM 129603106 1374 92644 SH OTHER 01 0 92644 0 CALIFORNIA PIZZA KITCHEN INCCO COM 13054D109 553 35415 SH SOLE 35415 0 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 2 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- CALIFORNIA PIZZA KITCHEN INCCO COM 13054D109 287 18375 SH OTHER 01 0 18375 0 CAMDEN NATL CORP COM COM 133034108 304 9186 SH OTHER 01 0 9186 0 CAPELLA EDUCATION CO COM 139594105 1127 16730 SH SOLE 16730 0 0 CAPELLA EDUCATION CO COM 139594105 582 8640 SH OTHER 01 0 8640 0 CARDINAL FINL CORP COM COM 14149F109 376 45700 SH OTHER 01 0 45700 0 CASS INFORMATION SYS INC COM COM 14808P109 1127 37743 SH OTHER 01 0 37743 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 3286 112712 SH SOLE 112712 0 0 CATALYST HEALTH SOLUTIONS INC COM 14888B103 1632 55981 SH OTHER 01 0 55981 0 CAVIUM NETWORKS INC COM COM 14965A101 3162 147266 SH SOLE 147266 0 0 CAVIUM NETWORKS INC COM COM 14965A101 1644 76593 SH OTHER 01 0 76593 0 CELL THERAPEUTICS INC COM NO P COM 150934503 513 417340 SH SOLE 417340 0 0 CELL THERAPEUTICS INC COM NO P COM 150934503 265 215540 SH OTHER 01 0 215540 0 CENTERSTATE BANKS INC COM COM 15201P109 576 73000 SH OTHER 01 0 73000 0 CEPHEID COM COM 15670R107 624 47194 SH SOLE 47194 0 0 CEPHEID COM COM 15670R107 353 26667 SH OTHER 01 0 26667 0 CHARMING SHOPPES INC COM COM 161133103 962 195088 SH SOLE 195088 0 0 CHARMING SHOPPES INC COM COM 161133103 497 100714 SH OTHER 01 0 100714 0 CHICOS FAS INC COM COM 168615102 1412 108642 SH SOLE 108642 0 0 CHICOS FAS INC COM COM 168615102 725 55796 SH OTHER 01 0 55796 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 1083 11162 SH SOLE 11162 0 0 CHIPOTLE MEXICAN GRILL-CL A COM 169656105 572 5890 SH OTHER 01 0 5890 0 CHIQUITA BRANDS INTL INC COM COM 170032809 4233 261932 SH SOLE 261932 0 0 CHIQUITA BRANDS INTL INC COM COM 170032809 2135 132106 SH OTHER 01 0 132106 0 CITI TRENDS INC COM COM 17306X102 152 5347 SH SOLE 5347 0 0 CITI TRENDS INC COM COM 17306X102 238 8371 SH OTHER 01 0 8371 0 COBIZ INC COM COM 190897108 304 61087 SH OTHER 01 0 61087 0 CODORUS VALLEY BANCORP COM COM 192025104 197 34314 SH OTHER 01 0 34314 0 COINSTAR INC COM COM 19259P300 1092 33120 SH SOLE 33120 0 0 COINSTAR INC COM COM 19259P300 543 16450 SH OTHER 01 0 16450 0 COLDWATER CREEK INC COM COM 193068103 1259 153568 SH SOLE 153568 0 0 COLDWATER CREEK INC COM COM 193068103 622 75894 SH OTHER 01 0 75894 0 COLUMBIA BKG SYS INC COM COM 197236102 309 18700 SH OTHER 01 0 18700 0 COMMUNITY BANKERS TR CORP COM COM 203612106 339 98529 SH OTHER 01 0 98529 0 COMMUNITY BK SYS INC COM COM 203607106 941 51500 SH OTHER 01 0 51500 0 COOPER TIRE & RUBR CO COM COM 216831107 1091 62032 SH SOLE 62032 0 0 COOPER TIRE & RUBR CO COM COM 216831107 539 30666 SH OTHER 01 0 30666 0 CVB FINL CORP COM COM 126600105 209 27600 SH OTHER 01 0 27600 0 DANVERS BANCORP INC COM COM 236442109 694 51100 SH OTHER 01 0 51100 0 DIAMOND FOODS INC COM 252603105 1372 43252 SH SOLE 43252 0 0 DIAMOND FOODS INC COM 252603105 673 21205 SH OTHER 01 0 21205 0 DIME CMNTY BANCORP INC COM COM 253922108 207 18100 SH OTHER 01 0 18100 0 DRIL-QUIP INC COM COM 262037104 999 20124 SH SOLE 20124 0 0 DRIL-QUIP INC COM COM 262037104 491 9892 SH OTHER 01 0 9892 0 EAGLE BANCORP INC MD COM COM 268948106 164 17100 SH OTHER 01 0 17100 0 EAGLE MATLS INC COM COM 26969P108 463 16190 SH SOLE 16190 0 0 EAGLE MATLS INC COM COM 26969P108 229 8020 SH OTHER 01 0 8020 0 EBIX INC COM NEW COM 278715206 4432 80057 SH SOLE 80057 0 0 EBIX INC COM NEW COM 278715206 2493 45037 SH OTHER 01 0 45037 0 EMERGENT BIOSOLUTIONS INC COM COM 29089Q105 2144 121396 SH SOLE 121396 0 0 EMERGENT BIOSOLUTIONS INC COM COM 29089Q105 1115 63163 SH OTHER 01 0 63163 0 ENTERPRISE FINL SVCS CORP COM COM 293712105 243 26316 SH OTHER 01 0 26316 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 3 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- EXLSERVICE HOLDINGS INC COM COM 302081104 266 17925 SH SOLE 17925 0 0 EXLSERVICE HOLDINGS INC COM COM 302081104 143 9602 SH OTHER 01 0 9602 0 F N B CORP PA COM COM 302520101 146 20500 SH OTHER 01 0 20500 0 FEI CO COM COM 30241L109 1955 79329 SH SOLE 79329 0 0 FEI CO COM COM 30241L109 971 39404 SH OTHER 01 0 39404 0 FIRST FINL BANCORP COM COM 320209109 318 26366 SH OTHER 01 0 26366 0 FIRST FINL BANCSHARES INC COM COM 32020R109 964 19500 SH OTHER 01 0 19500 0 FIRST HORIZON NATL CORP COM COM 320517105 150 11351 SH OTHER 01 0 11351 0 FIRST LONG IS CORP COM COM 320734106 561 21100 SH OTHER 01 0 21100 0 FIRST NIAGARA FINL GP INC COM COM 33582V108 190 15400 SH OTHER 01 0 15400 0 FIRSTMERIT CORP COM COM 337915102 265 13944 SH OTHER 01 0 13944 0 FLUSHING FINL CORP COM COM 343873105 156 13700 SH OTHER 01 0 13700 0 FORMFACTOR INC COM COM 346375108 1231 51466 SH SOLE 51466 0 0 FORMFACTOR INC COM COM 346375108 641 26803 SH OTHER 01 0 26803 0 GLACIER BANCORP INC NEW COM COM 37637Q105 441 29500 SH OTHER 01 0 29500 0 GREIF BROS CORP COM 397624107 1818 33024 SH SOLE 33024 0 0 GREIF BROS CORP COM 397624107 940 17072 SH OTHER 01 0 17072 0 GSI COMM INC COM COM 36238G102 4211 218092 SH SOLE 218092 0 0 GSI COMM INC COM COM 36238G102 2171 112422 SH OTHER 01 0 112422 0 GUARANTY BANCORP DEL COM COM 40075T102 37 25000 SH OTHER 01 0 25000 0 HAEMONETICS CORP COM COM 405024100 1269 22612 SH SOLE 22612 0 0 HAEMONETICS CORP COM COM 405024100 659 11747 SH OTHER 01 0 11747 0 HANOVER INS GROUP INC COM COM 410867105 843 20400 SH OTHER 01 0 20400 0 HARLEYSVILLE GROUP INC COM COM 412824104 804 25400 SH OTHER 01 0 25400 0 HCC INS HLDGS INC COM COM 404132102 964 35250 SH OTHER 01 0 35250 0 HEADWATERS INC COM COM 42210P102 536 138596 SH SOLE 138596 0 0 HEADWATERS INC COM COM 42210P102 340 87743 SH OTHER 01 0 87743 0 HERITAGE FINL CORP WASH COM COM 42722X106 225 17100 SH OTHER 01 0 17100 0 HF FINL CORP COM COM 404172108 585 53405 SH OTHER 01 0 53405 0 HITTITE MICROWAVE CORP COM 43365Y104 1103 29980 SH SOLE 29980 0 0 HITTITE MICROWAVE CORP COM 43365Y104 572 15560 SH OTHER 01 0 15560 0 HMS HLDGS CORP COM COM 40425J101 1284 33577 SH SOLE 33577 0 0 HMS HLDGS CORP COM COM 40425J101 658 17213 SH OTHER 01 0 17213 0 HORSEHEAD HOLDING CORP COM 440694305 1699 145004 SH SOLE 145004 0 0 HORSEHEAD HOLDING CORP COM 440694305 843 71907 SH OTHER 01 0 71907 0 HOVNANIAN ENTERPRISES INC CL A COM 442487203 201 52430 SH SOLE 52430 0 0 HOVNANIAN ENTERPRISES INC CL A COM 442487203 104 27070 SH OTHER 01 0 27070 0 HUB GROUP INC CL A COM 443320106 2011 88002 SH SOLE 88002 0 0 HUB GROUP INC CL A COM 443320106 1044 45684 SH OTHER 01 0 45684 0 HUMAN GENOME SCIENCES INC COM COM 444903108 1866 99134 SH SOLE 99134 0 0 HUMAN GENOME SCIENCES INC COM COM 444903108 963 51177 SH OTHER 01 0 51177 0 IBERIABANK CORP COM COM 450828108 1054 23138 SH OTHER 01 0 23138 0 ICONIX BRAND GROUP INC COM COM 451055107 1257 100826 SH SOLE 100826 0 0 ICONIX BRAND GROUP INC COM COM 451055107 653 52387 SH OTHER 01 0 52387 0 IMAX CORP COM COM 45245E109 1833 194755 SH SOLE 194755 0 0 IMAX CORP COM COM 45245E109 946 100542 SH OTHER 01 0 100542 0 IMMUNOGEN INC COM COM 45253H101 911 112306 SH SOLE 112306 0 0 IMMUNOGEN INC COM COM 45253H101 453 55823 SH OTHER 01 0 55823 0 IMPAX LABORATORIES INC COM COM 45256B101 466 53365 SH SOLE 53365 0 0 IMPAX LABORATORIES INC COM COM 45256B101 292 33394 SH OTHER 01 0 33394 0 INDEPENDENT BK CORP MASS COM COM 453836108 972 43900 SH OTHER 01 0 43900 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 4 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- INSPIRE PHARMACEUTICALS INC CO COM 457733103 857 164212 SH SOLE 164212 0 0 INSPIRE PHARMACEUTICALS INC CO COM 457733103 425 81351 SH OTHER 01 0 81351 0 INTERDIGITAL INC PA COM 45867G101 1460 63024 SH SOLE 63024 0 0 INTERDIGITAL INC PA COM 45867G101 751 32442 SH OTHER 01 0 32442 0 INTERNATIONAL BANCSHARES CORCO COM 459044103 323 19800 SH OTHER 01 0 19800 0 INTERNET CAPITAL GROUP INC (NE COM 46059C205 1375 164437 SH SOLE 164437 0 0 INTERNET CAPITAL GROUP INC (NE COM 46059C205 713 85341 SH OTHER 01 0 85341 0 IPG PHOTONICS CORP COM 44980X109 572 37618 SH SOLE 37618 0 0 IPG PHOTONICS CORP COM 44980X109 225 14814 SH OTHER 01 0 14814 0 ISIS PHARMACEUTICALS COM COM 464330109 783 53720 SH SOLE 53720 0 0 ISIS PHARMACEUTICALS COM COM 464330109 404 27760 SH OTHER 01 0 27760 0 J CREW GROUP INC COM COM 46612H402 637 17796 SH SOLE 17796 0 0 J CREW GROUP INC COM COM 46612H402 314 8758 SH OTHER 01 0 8758 0 JARDEN CORP COM COM 471109108 1244 44304 SH SOLE 44304 0 0 JARDEN CORP COM COM 471109108 616 21952 SH OTHER 01 0 21952 0 KBW INC COM 482423100 1484 46054 SH SOLE 46054 0 0 KBW INC COM 482423100 2358 73173 SH OTHER 01 0 73173 0 KOPPERS HOLDINGS INC COM 50060P106 1061 35788 SH SOLE 35788 0 0 KOPPERS HOLDINGS INC COM 50060P106 550 18539 SH OTHER 01 0 18539 0 KULICKE & SOFFA INDS INC COM COM 501242101 2125 352348 SH SOLE 352348 0 0 KULICKE & SOFFA INDS INC COM COM 501242101 1051 174228 SH OTHER 01 0 174228 0 LAKELAND FINL CORP COM COM 511656100 517 25030 SH OTHER 01 0 25030 0 LUMBER LIQUIDATORS INC COM COM 55003Q103 1244 57338 SH SOLE 57338 0 0 LUMBER LIQUIDATORS INC COM COM 55003Q103 616 28409 SH OTHER 01 0 28409 0 MAIDENFORM BRANDS INC COM COM 560305104 1295 80623 SH SOLE 80623 0 0 MAIDENFORM BRANDS INC COM COM 560305104 643 40045 SH OTHER 01 0 40045 0 MARINER ENERGY INC COM COM 56845T305 2445 172423 SH SOLE 172423 0 0 MARINER ENERGY INC COM COM 56845T305 1212 85440 SH OTHER 01 0 85440 0 MARTEK BIOSCIENCES CORP COM COM 572901106 873 38650 SH SOLE 38650 0 0 MARTEK BIOSCIENCES CORP COM COM 572901106 451 19980 SH OTHER 01 0 19980 0 MASTEC INC COM COM 576323109 470 38680 SH SOLE 38680 0 0 MASTEC INC COM COM 576323109 245 20140 SH OTHER 01 0 20140 0 MEADOWBROOK INS GROUP INC COM COM 58319P108 916 123752 SH OTHER 01 0 123752 0 MEDASSETS INC COM COM 584045108 2268 100472 SH SOLE 100472 0 0 MEDASSETS INC COM COM 584045108 1045 46301 SH OTHER 01 0 46301 0 MERCER INS GROUP INC COM COM 587902107 1246 68930 SH OTHER 01 0 68930 0 METALICO INC COM COM 591176102 1455 348839 SH SOLE 348839 0 0 METALICO INC COM COM 591176102 776 186070 SH OTHER 01 0 186070 0 MICROMET INC COM COM 59509C105 903 135582 SH SOLE 135582 0 0 MICROMET INC COM COM 59509C105 462 69306 SH OTHER 01 0 69306 0 MICROS SYS INC COM COM 594901100 2266 75056 SH SOLE 75056 0 0 MICROS SYS INC COM COM 594901100 1178 39032 SH OTHER 01 0 39032 0 MICROSEMI CORP COM COM 595137100 3408 215845 SH SOLE 215845 0 0 MICROSEMI CORP COM COM 595137100 1756 111237 SH OTHER 01 0 111237 0 MICROSTRATEGY INC NEW CL A COM 594972408 2740 38300 SH SOLE 38300 0 0 MICROSTRATEGY INC NEW CL A COM 594972408 1237 17290 SH OTHER 01 0 17290 0 MIDWESTONE FINANCIAL GROUP INC COM 598511103 240 26800 SH OTHER 01 0 26800 0 MONOLITHIC PWR SYS INC COM COM 609839105 1606 68468 SH SOLE 68468 0 0 MONOLITHIC PWR SYS INC COM COM 609839105 797 34004 SH OTHER 01 0 34004 0 MWI VETERINARY SUPPLY INC COM COM 55402X105 1328 33240 SH SOLE 33240 0 0 MWI VETERINARY SUPPLY INC COM COM 55402X105 595 14895 SH OTHER 01 0 14895 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 5 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- MYR GROUP INC DEL COM COM 55405W104 966 45808 SH SOLE 45808 0 0 MYR GROUP INC DEL COM COM 55405W104 517 24499 SH OTHER 01 0 24499 0 MYRIAD PHARMACEUTICALS INC COM COM 62856H107 78 13376 SH SOLE 13376 0 0 MYRIAD PHARMACEUTICALS INC COM COM 62856H107 41 6951 SH OTHER 01 0 6951 0 N B T BANCORP INC COM COM 628778102 279 12400 SH OTHER 01 0 12400 0 NATIONAL PENN BANCSHARES INCCO COM 637138108 123 20138 SH OTHER 01 0 20138 0 NAVIGATORS GROUP INC COM COM 638904102 1956 35559 SH SOLE 35559 0 0 NAVIGATORS GROUP INC COM COM 638904102 2342 42578 SH OTHER 01 0 42578 0 NCI INC CL A COM 62886K104 1346 46951 SH SOLE 46951 0 0 NCI INC CL A COM 62886K104 693 24170 SH OTHER 01 0 24170 0 NETLOGIC MICROSYSTEMS INC COM COM 64118B100 2189 48648 SH SOLE 48648 0 0 NETLOGIC MICROSYSTEMS INC COM COM 64118B100 1145 25453 SH OTHER 01 0 25453 0 NEUTRAL TANDEM, INC COM 64128B108 1633 71730 SH SOLE 71730 0 0 NEUTRAL TANDEM, INC COM 64128B108 849 37321 SH OTHER 01 0 37321 0 NORDSON CORP COM COM 655663102 2469 44020 SH SOLE 44020 0 0 NORDSON CORP COM COM 655663102 1272 22670 SH OTHER 01 0 22670 0 NUVASIVE INC COM COM 670704105 1542 36932 SH SOLE 36932 0 0 NUVASIVE INC COM COM 670704105 801 19172 SH OTHER 01 0 19172 0 OLD DOMINION FGHT LINES INC CO COM 679580100 751 24673 SH SOLE 24673 0 0 OLD DOMINION FGHT LINES INC CO COM 679580100 463 15223 SH OTHER 01 0 15223 0 ON ASSIGNMENT INC COM COM 682159108 1077 184186 SH SOLE 184186 0 0 ON ASSIGNMENT INC COM COM 682159108 560 95671 SH OTHER 01 0 95671 0 ONCOGENEX PHARMACEUTICALS INC COM 68230A106 928 25785 SH SOLE 25785 0 0 ONCOGENEX PHARMACEUTICALS INC COM 68230A106 480 13333 SH OTHER 01 0 13333 0 ONYX PHARMACEUTICALS INC COM COM 683399109 682 22740 SH SOLE 22740 0 0 ONYX PHARMACEUTICALS INC COM COM 683399109 354 11800 SH OTHER 01 0 11800 0 OWENS & MINOR INC NEW COM COM 690732102 683 15102 SH SOLE 15102 0 0 OWENS & MINOR INC NEW COM COM 690732102 359 7941 SH OTHER 01 0 7941 0 PENN VIRGINIA CORP COM 707882106 1336 58314 SH SOLE 58314 0 0 PENN VIRGINIA CORP COM 707882106 845 36877 SH OTHER 01 0 36877 0 PINNACLE FINL PARTNERS INC COM COM 72346Q104 960 75500 SH OTHER 01 0 75500 0 POLYCOM INC COM COM 73172K104 1493 55800 SH SOLE 55800 0 0 POLYCOM INC COM COM 73172K104 775 28990 SH OTHER 01 0 28990 0 PONIARD PHARMACEUTICALS INC CO COM 732449301 889 118814 SH SOLE 118814 0 0 PONIARD PHARMACEUTICALS INC CO COM 732449301 440 58877 SH OTHER 01 0 58877 0 PRINCETON NATL BANCORP INC COM COM 742282106 430 27286 SH OTHER 01 0 27286 0 PRIVATEBANCORP INC COM COM 742962103 2283 93318 SH SOLE 93318 0 0 PRIVATEBANCORP INC COM COM 742962103 2535 103620 SH OTHER 01 0 103620 0 PROSPERITY BANCSHARES INC COM COM 743606105 1979 56880 SH SOLE 56880 0 0 PROSPERITY BANCSHARES INC COM COM 743606105 2233 64192 SH OTHER 01 0 64192 0 QUIDEL CORP COM COM 74838J101 1177 72510 SH SOLE 72510 0 0 QUIDEL CORP COM COM 74838J101 607 37375 SH OTHER 01 0 37375 0 RAYMOND JAMES FINL INC COM COM 754730109 896 38500 SH OTHER 01 0 38500 0 REGENERON PHARMACEUTICALS COM COM 75886F107 1963 101704 SH SOLE 101704 0 0 REGENERON PHARMACEUTICALS COM COM 75886F107 1016 52618 SH OTHER 01 0 52618 0 RENAISSANCERE HOLDINGS LTD COM COM G7496G103 487 8900 SH OTHER 01 0 8900 0 RESMED INC COM COM 761152107 1677 37110 SH SOLE 37110 0 0 RESMED INC COM COM 761152107 831 18394 SH OTHER 01 0 18394 0 RF MICRO DEVICES INC COM COM 749941100 2041 375820 SH SOLE 375820 0 0 RF MICRO DEVICES INC COM COM 749941100 1052 193700 SH OTHER 01 0 193700 0 RIVERBED TECHNOLOGY INC COM COM 768573107 1065 48482 SH SOLE 48482 0 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 6 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- RIVERBED TECHNOLOGY INC COM COM 768573107 550 25051 SH OTHER 01 0 25051 0 ROCK-TENN CO CL A COM 772739207 2301 48840 SH SOLE 48840 0 0 ROCK-TENN CO CL A COM 772739207 1196 25380 SH OTHER 01 0 25380 0 ROFIN SINAR TECHNOLOGIES INCCO COM 775043102 1096 47734 SH SOLE 47734 0 0 ROFIN SINAR TECHNOLOGIES INCCO COM 775043102 561 24441 SH OTHER 01 0 24441 0 ROVI CORP COM COM 779376102 2949 87756 SH SOLE 87756 0 0 ROVI CORP COM COM 779376102 1530 45543 SH OTHER 01 0 45543 0 RUBICON TECHNOLOGY INC COM 78112T107 565 38096 SH SOLE 38096 0 0 RUBICON TECHNOLOGY INC COM 78112T107 280 18878 SH OTHER 01 0 18878 0 SCHWEITZER-MAUDUIT INTL INC CO COM 808541106 3318 61032 SH SOLE 61032 0 0 SCHWEITZER-MAUDUIT INTL INC CO COM 808541106 1731 31841 SH OTHER 01 0 31841 0 SEACOAST BKG CORP FLA COM COM 811707306 86 34300 SH OTHER 01 0 34300 0 SEATTLE GENETICS INC COM COM 812578102 881 62768 SH SOLE 62768 0 0 SEATTLE GENETICS INC COM COM 812578102 454 32359 SH OTHER 01 0 32359 0 SHUFFLE MASTER INC COM COM 825549108 2561 271832 SH SOLE 271832 0 0 SHUFFLE MASTER INC COM COM 825549108 1210 128485 SH OTHER 01 0 128485 0 SIGNATURE BK NEW YORK N Y COM COM 82669G104 769 26530 SH SOLE 26530 0 0 SIGNATURE BK NEW YORK N Y COM COM 82669G104 1778 61299 SH OTHER 01 0 61299 0 SIRONA DENTAL SYSTEMS INC COM COM 82966C103 1136 38196 SH SOLE 38196 0 0 SIRONA DENTAL SYSTEMS INC COM COM 82966C103 563 18938 SH OTHER 01 0 18938 0 SKECHERS U S A INC CL A COM 830566105 1297 75660 SH SOLE 75660 0 0 SKECHERS U S A INC CL A COM 830566105 643 37505 SH OTHER 01 0 37505 0 SKYWORKS SOLUTIONS INC COM COM 83088M102 1235 93296 SH SOLE 93296 0 0 SKYWORKS SOLUTIONS INC COM COM 83088M102 657 49588 SH OTHER 01 0 49588 0 SMITHTOWN BANCORP INC COM COM 832449102 931 80668 SH OTHER 01 0 80668 0 SOUTHSIDE BANCSHARES INC COM COM 84470P109 221 9820 SH OTHER 01 0 9820 0 STANDARD MICROSYSTEMS CORP COM COM 853626109 653 28116 SH SOLE 28116 0 0 STANDARD MICROSYSTEMS CORP COM COM 853626109 324 13963 SH OTHER 01 0 13963 0 STEC INC COM 784774101 935 31830 SH SOLE 31830 0 0 STEC INC COM 784774101 464 15780 SH OTHER 01 0 15780 0 STIFEL FINL CORP COM COM 860630102 1125 20490 SH SOLE 20490 0 0 STIFEL FINL CORP COM COM 860630102 1970 35878 SH OTHER 01 0 35878 0 SUCCESSFACTORS INC COM 864596101 3548 252178 SH SOLE 252178 0 0 SUCCESSFACTORS INC COM 864596101 1760 125121 SH OTHER 01 0 125121 0 SXC HEALTH SOLUTIONS CORP COM COM 78505P100 1641 35078 SH SOLE 35078 0 0 SXC HEALTH SOLUTIONS CORP COM COM 78505P100 815 17414 SH OTHER 01 0 17414 0 SYBASE INC COM COM 871130100 834 21434 SH SOLE 21434 0 0 SYBASE INC COM COM 871130100 431 11092 SH OTHER 01 0 11092 0 TALEO CORP COM 87424N104 1865 82366 SH SOLE 82366 0 0 TALEO CORP COM 87424N104 962 42473 SH OTHER 01 0 42473 0 TAMALPAIS BANCORP COM 87485H103 28 20151 SH OTHER 01 0 20151 0 TCF FINL CORP COM COM 872275102 184 14100 SH OTHER 01 0 14100 0 TECHE HLDG CO COM COM 878330109 784 23700 SH OTHER 01 0 23700 0 TESSERA TECHNOLOGIES INC. COM 88164L100 351 12570 SH SOLE 12570 0 0 TESSERA TECHNOLOGIES INC. COM 88164L100 173 6210 SH OTHER 01 0 6210 0 TETRA TECH INC NEW COM COM 88162G103 1058 39878 SH SOLE 39878 0 0 TETRA TECH INC NEW COM COM 88162G103 549 20704 SH OTHER 01 0 20704 0 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 1684 100013 SH SOLE 100013 0 0 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 2829 168006 SH OTHER 01 0 168006 0 THORATEC LABS CORP COM NEW COM 885175307 3603 119045 SH SOLE 119045 0 0 THORATEC LABS CORP COM NEW COM 885175307 1872 61857 SH OTHER 01 0 61857 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 7 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- TOWER BANCORP INC COM COM 891709107 477 18166 SH OTHER 01 0 18166 0 TOWER GROUP INC COM COM 891777104 1161 47596 SH SOLE 47596 0 0 TOWER GROUP INC COM COM 891777104 783 32088 SH OTHER 01 0 32088 0 TUPPERWARE CORP COM COM 899896104 3224 80770 SH SOLE 80770 0 0 TUPPERWARE CORP COM COM 899896104 1569 39310 SH OTHER 01 0 39310 0 ULTA SALON COSMETICS & FRAGR COM 90384S303 2412 146080 SH SOLE 146080 0 0 ULTA SALON COSMETICS & FRAGR COM 90384S303 1200 72670 SH OTHER 01 0 72670 0 ULTIMATE SOFTWARE GROUP INC CO COM 90385D107 2514 87525 SH SOLE 87525 0 0 ULTIMATE SOFTWARE GROUP INC CO COM 90385D107 1328 46249 SH OTHER 01 0 46249 0 UNITED CMNTY BKS INC CDT-CAP S COM 90984P105 426 85266 SH OTHER 01 0 85266 0 UNIVERSAL DISPLAY CORP COM COM 91347P105 1964 164484 SH SOLE 164484 0 0 UNIVERSAL DISPLAY CORP COM COM 91347P105 983 82326 SH OTHER 01 0 82326 0 URSTADT BIDDLE PPTYS INC CL A COM 917286205 630 43200 SH OTHER 01 0 43200 0 VANDA PHARMACEUTICALS INC COM COM 921659108 326 27970 SH SOLE 27970 0 0 VANDA PHARMACEUTICALS INC COM COM 921659108 162 13890 SH OTHER 01 0 13890 0 VANTAGE DRILLING COMPANY ORD S COM G93205113 367 200811 SH SOLE 200811 0 0 VANTAGE DRILLING COMPANY ORD S COM G93205113 157 85731 SH OTHER 01 0 85731 0 VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 662 20154 SH SOLE 20154 0 0 VARIAN SEMICONDUCTOR EQUIPTMCO COM 922207105 263 8000 SH OTHER 01 0 8000 0 VEECO INSTRS INC DEL COM COM 922417100 2204 94494 SH SOLE 94494 0 0 VEECO INSTRS INC DEL COM COM 922417100 1154 49467 SH OTHER 01 0 49467 0 VIASAT INC COM COM 92552V100 3607 135722 SH SOLE 135722 0 0 VIASAT INC COM COM 92552V100 1941 73037 SH OTHER 01 0 73037 0 VISTAPRINT NV SHS COM N93540107 784 15439 SH SOLE 15439 0 0 VISTAPRINT NV SHS COM N93540107 408 8039 SH OTHER 01 0 8039 0 VITACOST.COM INC COM 92847A200 648 59360 SH SOLE 59360 0 0 VITACOST.COM INC COM 92847A200 322 29530 SH OTHER 01 0 29530 0 VOLCANO CORPORATION COM COM 928645100 2189 130130 SH SOLE 130130 0 0 VOLCANO CORPORATION COM COM 928645100 1088 64659 SH OTHER 01 0 64659 0 VOLTERRA SEMICONDUCTOR CORP CO COM 928708106 604 32882 SH SOLE 32882 0 0 VOLTERRA SEMICONDUCTOR CORP CO COM 928708106 305 16636 SH OTHER 01 0 16636 0 WABTEC CORPORATION COM 929740108 751 20000 SH SOLE 20000 0 0 WABTEC CORPORATION COM 929740108 390 10395 SH OTHER 01 0 10395 0 WARNACO GROUP INC CL A NEW COM 934390402 2379 54248 SH SOLE 54248 0 0 WARNACO GROUP INC CL A NEW COM 934390402 1189 27104 SH OTHER 01 0 27104 0 WASHINGTON TR BANCORP INC COM COM 940610108 463 26400 SH OTHER 01 0 26400 0 WESTERN ALLIANCE BANCORP COM 957638109 1592 252255 SH SOLE 252255 0 0 WESTERN ALLIANCE BANCORP COM 957638109 2013 318999 SH OTHER 01 0 318999 0 WESTFIELD FINL INC COM COM 96008P104 545 64400 SH OTHER 01 0 64400 0 WESTWOOD HLDGS GROUP INC COM COM 961765104 929 26758 SH SOLE 26758 0 0 WESTWOOD HLDGS GROUP INC COM COM 961765104 659 18980 SH OTHER 01 0 18980 0 WET SEAL INC CL A COM 961840105 2561 677523 SH SOLE 677523 0 0 WET SEAL INC CL A COM 961840105 1291 341496 SH OTHER 01 0 341496 0 WHITING PETE CORP NEW COM COM 966387102 1331 23116 SH SOLE 23116 0 0 WHITING PETE CORP NEW COM COM 966387102 612 10630 SH OTHER 01 0 10630 0 WINTRUST FINL CORP COM COM 97650W108 229 8200 SH OTHER 01 0 8200 0 WMS INDS INC COM COM 929297109 3094 69440 SH SOLE 69440 0 0 WMS INDS INC COM COM 929297109 1596 35815 SH OTHER 01 0 35815 0 WOODWARD GOVERNOR CO COM COM 980745103 416 17150 SH SOLE 17150 0 0 WOODWARD GOVERNOR CO COM COM 980745103 360 14830 SH OTHER 01 0 14830 0 YADKIN VALLEY FINANCIAL CORPOR COM 984314104 112 23892 SH OTHER 01 0 23892 0
EMERALD MUTUAL FUND ADVISERS TRUST PAGE 8 FORM 13F INFORMATION TABLE AS OF DATE: 09/30/09
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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ZUMIEZ INC COM COM 989817101 630 38420 SH SOLE 38420 0 0 ZUMIEZ INC COM COM 989817101 239 14570 SH OTHER 01 0 14570 0 LINE COUNT: 359
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