Emerald Mutual Fund Advisers Trust 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
APPLIED OPTOELECTRONICS INC	COM	03823U102	1,771	101,989	SH		SOLE		101,989	0	0
ABAXIS INC	COM	002567105	9,938	193,050	SH		SOLE		193,050	0	0
ABC BANCORP	COM	03076K108	2,380	94,090	SH		SOLE		94,090	0	0
ATLANTIC COAST FINANCIAL CORP	COM	048426100	1,004	225,594	SH		SOLE		225,594	0	0
ACADIA HEALTHCAREPANY INC	COM	00404A109	20,653	263,665	SH		SOLE		263,665	0	0
ADAMAS PHARMACEUTICALS INC	COM	00548A106	8,304	316,690	SH		SOLE		316,690	0	0
AMERICAN EAGLE OUTFITTERS INC.	COM	02553E106	11,997	696,695	SH		SOLE		696,695	0	0
ATLAS FINANCIAL HOLDINGS INC	COM	G06207115	3,470	174,965	SH		SOLE		174,965	0	0
AMTRUST FINANCIAL SERVICES	COM	032359309	2,707	41,320	SH		SOLE		41,320	0	0
ARGO GROUP INTL HLDGS LTD	COM	G0464B107	738	13,249	SH		SOLE		13,249	0	0
AKEBIA THERAPEUTICS INC	COM	00972D105	3,153	306,450	SH		SOLE		306,450	0	0
ALARM.COM HOLDINGS INC	COM	011642105	3,174	206,340	SH		SOLE		206,340	0	0
ALERUS FINANCIAL CORP	COM	01446U103	2,329	113,100	SH		SOLE		113,100	0	0
AMERICAN BUSINESS BK LA CALI	COM	02475L105	892	30,639	SH		SOLE		30,639	0	0
THE ANDERSONS INC	COM	034164103	204	5,234	SH		SOLE		5,234	0	0
APOGEE ENTERPRISES INC	COM	037598109	23,971	455,380	SH		SOLE		455,380	0	0
ARC DOCUMENT SOLUTIONS INC	COM	00191G103	6,615	869,302	SH		SOLE		869,302	0	0
ARRIS GROUP INC	COM	04270V106	214	6,985	SH		SOLE		6,985	0	0
ATRICURE INC	COM	04963C209	11,216	455,212	SH		SOLE		455,212	0	0
ASTRONICS CORP	COM	046433108	15,997	225,659	SH		SOLE		225,659	0	0
AVENUE FINANCIAL HOLDINGS INC	COM	05358K102	631	50,000	SH		SOLE		50,000	0	0
HOMEAWAY INC	COM	43739Q100	12,638	406,096	SH		SOLE		406,096	0	0
DIVERSIFIED RSTRNT HLDGS INC	COM	25532M105	2,014	541,340	SH		SOLE		541,340	0	0
BRIDGE CAPITAL HOLDINGS	COM	108030107	350	11,750	SH		SOLE		11,750	0	0
BLACK DIAMOND INC	COM	09202G101	528	57,152	SH		SOLE		57,152	0	0
BRIDGE BANCORP INC	COM	108035106	2,361	88,449	SH		SOLE		88,449	0	0
BANKUNITED INC	COM	06652K103	3,142	87,453	SH		SOLE		87,453	0	0
BELLICUM PHARMACEUTICALS INC	COM	079481107	3,092	145,380	SH		SOLE		145,380	0	0
BLUEBIRD BIO INC	COM	09609G100	6,362	37,784	SH		SOLE		37,784	0	0
BADGER METER INC	COM	056525108	874	13,760	SH		SOLE		13,760	0	0
BRYN MAWR BK CORP	COM	117665109	552	18,290	SH		SOLE		18,290	0	0
BNC BANCORP	COM	05566T101	1,838	95,070	SH		SOLE		95,070	0	0
BOFI HLDG INC	COM	05566U108	4,772	45,139	SH		SOLE		45,139	0	0
BOJANGLES INC	COM	097488100	358	15,000	SH		SOLE		15,000	0	0
BURLINGTON STORES INC	COM	122017106	9,989	195,090	SH		SOLE		195,090	0	0
BANCORPSOUTH INC	COM	059692103	1,392	54,028	SH		SOLE		54,028	0	0
CAI INTERNATIONAL INC	COM	12477X106	456	22,160	SH		SOLE		22,160	0	0
CASS INFORMATION SYS INC	COM	14808P109	845	15,022	SH		SOLE		15,022	0	0
CAVIUM INC	COM	14964U108	12,644	183,748	SH		SOLE		183,748	0	0
CHRISTOPHER & BANKS COPR	COM	171046105	3,171	790,790	SH		SOLE		790,790	0	0
CABOT CORP	COM	127055101	281	7,528	SH		SOLE		7,528	0	0
CEDAR SHOPPING CTRS INC	COM	150602209	491	76,697	SH		SOLE		76,697	0	0
CHEGG INC	COM	163092109	9,603	1,224,908	SH		SOLE		1,224,908	0	0
CHUY`S HOLDINGS INC	COM	171604101	8,937	333,599	SH		SOLE		333,599	0	0
CIENA CORP	COM	171779309	6,958	293,814	SH		SOLE		293,814	0	0
CANTEL MEDICAL CORP	COM	138098108	7,075	131,821	SH		SOLE		131,821	0	0
CHIMERIX INC	COM	16934W106	6,187	133,920	SH		SOLE		133,920	0	0
CONNECTONE BANCORP INC	COM	20786W107	13,076	607,328	SH		SOLE		607,328	0	0
COMMUNITYONE BANCORP	COM	20416Q108	402	37,281	SH		SOLE		37,281	0	0
COBIZ INC	COM	190897108	6,776	518,444	SH		SOLE		518,444	0	0
CYRUSONE INC	COM	23283R100	516	17,513	SH		SOLE		17,513	0	0
CEPHEID	COM	15670R107	13,844	226,391	SH		SOLE		226,391	0	0
CALIFORNIA REP BANCORP	COM	13056P100	7,889	268,793	SH		SOLE		268,793	0	0
CARRIAGE SVCS INC	COM	143905107	633	26,500	SH		SOLE		26,500	0	0
CUSTOMERS BANCORP INC	COM	23204G100	9,438	350,995	SH		SOLE		350,995	0	0
CU BANCORP CALIF	COM	126534106	1,301	58,710	SH		SOLE		58,710	0	0
CORINDUS VASCULAR ROBOTICS INC	COM	218730109	702	200,000	SH		SOLE		200,000	0	0
DEPOMED INC	COM	249908104	15,685	730,888	SH		SOLE		730,888	0	0
DIAMOND RESORTS INTERNATIONAL	COM	25272T104	1,698	53,830	SH		SOLE		53,830	0	0
DICERNA PHARMACEUTICALS INC	COM	253031108	1,744	125,000	SH		SOLE		125,000	0	0
MERIDIAN BANCORP INC	COM	58958U103	615	45,870	SH		SOLE		45,870	0	0
CHANNELADVISOR CORP	COM	159179100	5,802	485,529	SH		SOLE		485,529	0	0
EAGLE BANCORP INC MD	COM	268948106	4,189	95,293	SH		SOLE		95,293	0	0
8X8 INC NEW	COM	282914100	7,274	811,851	SH		SOLE		811,851	0	0
EMPLOYERS HOLDINGS INC	COM	292218104	450	19,741	SH		SOLE		19,741	0	0
EMCOR GROUP INC	COM	29084Q100	464	9,717	SH		SOLE		9,717	0	0
EPAM SYSTEMS INC	COM	29414B104	22,105	310,337	SH		SOLE		310,337	0	0
ELMIRA SVGS BK ELMIRA N Y	COM	289660102	726	36,138	SH		SOLE		36,138	0	0
EVERYDAY HEALTH INC	COM	300415106	2,568	200,923	SH		SOLE		200,923	0	0
EVERBANK FINL CORP	COM	29977G102	1,009	51,345	SH		SOLE		51,345	0	0
EAST WEST BANCORP INC	COM	27579R104	1,041	23,220	SH		SOLE		23,220	0	0
FARO TECHNOLOGIES INC	COM	311642102	13,946	298,636	SH		SOLE		298,636	0	0
FIRST BUS FINL SVCS INC WIS	COM	319390100	1,380	29,445	SH		SOLE		29,445	0	0
FCB FINANCIAL HOLDINGS INC	COM	30255G103	14,651	460,709	SH		SOLE		460,709	0	0
FIRST CHOICE BANK	COM	319461109	4,606	275,000	SH		SOLE		275,000	0	0
1ST FIN BANCORP	COM	320209109	345	19,241	SH		SOLE		19,241	0	0
FLUSHING FINL CORP	COM	343873105	735	35,006	SH		SOLE		35,006	0	0
FITBIT INC	COM	33812L102	2,982	78,000	SH		SOLE		78,000	0	0
FIVE BELOW	COM	33829M101	9,991	252,747	SH		SOLE		252,747	0	0
FIRST LONG IS CORP	COM	320734106	1,087	39,225	SH		SOLE		39,225	0	0
FIRSTMERIT CORPORATION	COM	337915102	392	18,819	SH		SOLE		18,819	0	0
FARMERS NATL BANC CORP	COM	309627107	717	86,853	SH		SOLE		86,853	0	0
FIRST NBC BANK HOLDING CO	COM	32115D106	14,420	400,564	SH		SOLE		400,564	0	0
FEDERATED NATIONAL HOLDING COMPANY	COM	31422T101	968	40,000	SH		SOLE		40,000	0	0
FOGO DE CHAO INC	COM	344177100	463	20,000	SH		SOLE		20,000	0	0
AMICUS THERAPEUTICS INC	COM	03152W109	11,230	793,662	SH		SOLE		793,662	0	0
FIRST BANK	COM	31931U102	380	63,330	SH		SOLE		63,330	0	0
1ST MERCHANTS	COM	320817109	526	21,315	SH		SOLE		21,315	0	0
FIRST RESOURCE BANK	COM	336177100	780	120,000	SH		SOLE		120,000	0	0
FRANKLIN FINANCIAL NETWORK	COM	35352P104	2,238	97,542	SH		SOLE		97,542	0	0
FIRST SECURITY GROUP	COM	336312202	1,375	561,112	SH		SOLE		561,112	0	0
GUARANTY BANCORP DEL	COM	40075T607	372	22,506	SH		SOLE		22,506	0	0
GLOBAL CASH ACCESS HLD	COM	378967103	496	64,103	SH		SOLE		64,103	0	0
GREENHILL AND CO	COM	395259104	596	14,430	SH		SOLE		14,430	0	0
G-III APPAREL GROUP LTD	COM	36237H101	2,240	31,840	SH		SOLE		31,840	0	0
GIGAMON INC	COM	37518B102	10,626	322,088	SH		SOLE		322,088	0	0
GLAUKOS CORP	COM	377322102	434	14,980	SH		SOLE		14,980	0	0
GLU MOBILE INC	COM	379890106	13,170	2,120,717	SH		SOLE		2,120,717	0	0
GENERAC HOLDINGS INC	COM	368736104	262	6,580	SH		SOLE		6,580	0	0
GSV CAP CORP	COM	36191J101	1,707	165,539	SH		SOLE		165,539	0	0
GRAY TELEVISION INC	COM	389375106	578	36,832	SH		SOLE		36,832	0	0
GTT COMMUNICATIONS INC	COM	362393100	14,054	588,787	SH		SOLE		588,787	0	0
GREAT WESTERN BANCORP INC	COM	391416104	2,264	93,893	SH		SOLE		93,893	0	0
GUIDEWIRE SOFTWARE INC	COM	40171V100	10,409	196,661	SH		SOLE		196,661	0	0
GREAT PLAINS ENERGY INC	COM	391164100	298	12,328	SH		SOLE		12,328	0	0
HOME BANCORP INC	COM	43689E107	295	11,680	SH		SOLE		11,680	0	0
HOWARD BANCORP INC	COM	442496105	3,672	262,499	SH		SOLE		262,499	0	0
HERITAGE FINANCIAL GROUP INC	COM	42726X102	2,140	70,910	SH		SOLE		70,910	0	0
HEICO CORPORATION	COM	422806109	5,691	97,619	SH		SOLE		97,619	0	0
HOPFED BANCORP INC	COM	439734104	189	16,003	SH		SOLE		16,003	0	0
HOME FEDERAL BANCORP	COM	43708L108	374	18,520	SH		SOLE		18,520	0	0
HERITAGE FINL CORP WASH	COM	42722X106	1,848	103,401	SH		SOLE		103,401	0	0
HEMISPHERE MEDIA GROUP INC	COM	42365Q103	1,012	85,000	SH		SOLE		85,000	0	0
HOME BANCSHARES INC	COM	436893200	1,848	50,540	SH		SOLE		50,540	0	0
HTG MOLECULAR DIAGNOSTICS	COM	40434H104	1,394	125,000	SH		SOLE		125,000	0	0
HEARTLAND FINANCIAL USA INC	COM	42234Q102	1,549	41,616	SH		SOLE		41,616	0	0
MARINEMAX INC	COM	567908108	12,863	547,114	SH		SOLE		547,114	0	0
INDEPENENT BANK CORP	COM	453838609	678	50,000	SH		SOLE		50,000	0	0
IBERIABANK CORP	COM	450828108	1,301	19,072	SH		SOLE		19,072	0	0
INSTALLED BUILDING PRODUCTS	COM	45780R101	5,008	204,580	SH		SOLE		204,580	0	0
INDEPENDENT BANK GROUP INC	COM	45384B106	1,903	44,370	SH		SOLE		44,370	0	0
COUNTY BANCORP INC	COM	221907108	285	15,000	SH		SOLE		15,000	0	0
ICONIX BRAND GROUP INC	COM	451055107	270	10,811	SH		SOLE		10,811	0	0
INTERCEPT PHARMACEUTICAL	COM	45845P108	8,295	34,364	SH		SOLE		34,364	0	0
INTERVAL LEISURE GROUP	COM	46113M108	427	18,704	SH		SOLE		18,704	0	0
IMPERVA INC	COM	45321L100	24,606	363,453	SH		SOLE		363,453	0	0
INDEPENDENT BK CORP MASS	COM	453836108	715	15,250	SH		SOLE		15,250	0	0
INOGEN INC	COM	45780L104	10,120	226,912	SH		SOLE		226,912	0	0
INSMED INC	COM	457669307	8,097	331,590	SH		SOLE		331,590	0	0
IPG PHOTONICS CORP	COM	44980X109	13,474	158,190	SH		SOLE		158,190	0	0
INPHI CORP	COM	45772F107	6,728	294,313	SH		SOLE		294,313	0	0
INVESTORS BANCORP INC	COM	46146L101	828	67,294	SH		SOLE		67,294	0	0
INVESTAR HOLDIN	COM	46134L105	1,499	98,625	SH		SOLE		98,625	0	0
JACK IN THE BOX INC	COM	466367109	16,129	182,947	SH		SOLE		182,947	0	0
JOHN MARSHALL BANK	COM	47804G103	871	54,120	SH		SOLE		54,120	0	0
JAMES RIVER GROUP HOLDINGS	COM	G5005R107	1,294	50,000	SH		SOLE		50,000	0	0
KFORCE INC	COM	493732101	12,597	550,819	SH		SOLE		550,819	0	0
KORN FERRY INTERNATIONAL	COM	500643200	6,797	195,472	SH		SOLE		195,472	0	0
KNOLL INC	COM	498904200	6,427	256,782	SH		SOLE		256,782	0	0
K2M GROUP HOLDINGS INC	COM	48273J107	11,162	464,704	SH		SOLE		464,704	0	0
LADDER CAPITAL CORP - CLASS A	COM	505743104	4,433	255,490	SH		SOLE		255,490	0	0
LDR HOLDING CORP	COM	50185U105	2,368	54,743	SH		SOLE		54,743	0	0
PRESBIA PLC	COM	G7234P100	904	110,000	SH		SOLE		110,000	0	0
LEMAITRE VASCULAR INC	COM	525558201	688	57,029	SH		SOLE		57,029	0	0
LEGACYTEXAS FINANCIAL GROUP	COM	52471Y106	627	20,750	SH		SOLE		20,750	0	0
MATTHEWS INTL CORP CL A	COM	577128101	5,447	102,501	SH		SOLE		102,501	0	0
MALIBU BOATS INC-CLASS A	COM	56117J100	4,436	220,796	SH		SOLE		220,796	0	0
MILACRON HOLDINGS CORP	COM	59870L106	4,227	214,780	SH		SOLE		214,780	0	0
THE MARCUS CORP	COM	566330106	778	40,564	SH		SOLE		40,564	0	0
MACKINAC FINANCIAL CORP	COM	554571109	384	36,429	SH		SOLE		36,429	0	0
MAGELLAN HEALTH SVCS	COM	559079207	419	5,981	SH		SOLE		5,981	0	0
MACROGENICS INC	COM	556099109	10,639	280,208	SH		SOLE		280,208	0	0
MALVERN BANCORP INC	COM	561409103	2,371	159,788	SH		SOLE		159,788	0	0
MARCUS & MILLICHAP INC	COM	566324109	9,782	212,012	SH		SOLE		212,012	0	0
MAINSTREET BANK	COM	56064A102	1,440	141,177	SH		SOLE		141,177	0	0
MODEL N INC	COM	607525102	7,170	602,015	SH		SOLE		602,015	0	0
MIDWESTONE FINANCIAL GROUP INC	COM	598511103	692	21,030	SH		SOLE		21,030	0	0
MICROSEMI CORP	COM	595137100	19,139	547,607	SH		SOLE		547,607	0	0
MICROSTRATEGY INC	COM	594972408	15,658	92,062	SH		SOLE		92,062	0	0
MUELLER WATER PRODUCTS INC	COM	624758108	2,096	230,350	SH		SOLE		230,350	0	0
NEUROCRINE BIOSCIENCES, INC	COM	64125C109	14,742	308,678	SH		SOLE		308,678	0	0
NATIONAL COMMERCE CORP	COM	63546L102	5,305	205,611	SH		SOLE		205,611	0	0
NICE SYSTEMS LTD ADR	COM	653656108	332	5,215	SH		SOLE		5,215	0	0
CORP OFFICE PRO	COM	22002T108	429	18,205	SH		SOLE		18,205	0	0
OLD LINE BANCSHARES INC	COM	67984M100	1,172	73,738	SH		SOLE		73,738	0	0
OMNICELL INC	COM	68213N109	571	15,132	SH		SOLE		15,132	0	0
OPUS BANK	COM	684000102	21,679	599,189	SH		SOLE		599,189	0	0
OVASCIENCE INC	COM	69014Q101	1,424	49,220	SH		SOLE		49,220	0	0
BANK OF THE OZARKS INC	COM	063904106	26,152	571,631	SH		SOLE		571,631	0	0
PANDORA MEDIA INC	COM	698354107	1,980	127,427	SH		SOLE		127,427	0	0
PACWEST BANCORP DEL	COM	695263103	4,576	97,860	SH		SOLE		97,860	0	0
PEOPLES BANCORP INC OHIO	COM	709789101	3,379	144,788	SH		SOLE		144,788	0	0
PROOFPOINT INC	COM	743424103	16,746	263,008	SH		SOLE		263,008	0	0
PROVIDENT FINL SVCS INC	COM	74386T105	459	24,157	SH		SOLE		24,157	0	0
PREMIERE GLOBAL SVCS INC	COM	740585104	519	50,427	SH		SOLE		50,427	0	0
PGT, INC.	COM	69336V101	5,389	371,382	SH		SOLE		371,382	0	0
PIERIS PHARMACEUTICALS INC	COM	720795103	2,490	905,628	SH		SOLE		905,628	0	0
DAVE & BUSTER`S ENTERTAINMENT INC.	COM	238337109	9,631	266,858	SH		SOLE		266,858	0	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	8,229	151,343	SH		SOLE		151,343	0	0
POLYONE CORPORATION	COM	73179P106	7,292	186,164	SH		SOLE		186,164	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	6,711	395,698	SH		SOLE		395,698	0	0
PERFICIENT INC	COM	71375U101	477	24,772	SH		SOLE		24,772	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	14,334	314,689	SH		SOLE		314,689	0	0
PRIVATEBANCORP INC	COM	742962103	7,683	192,943	SH		SOLE		192,943	0	0
PIXELWORKS INC	COM	72581M305	2,263	384,920	SH		SOLE		384,920	0	0
QCR HOLDINGS INC	COM	74727A104	653	30,000	SH		SOLE		30,000	0	0
QLIK TECHNOLOGIES INC	COM	74733T105	16,145	461,825	SH		SOLE		461,825	0	0
ULTRAGENYX PHARMACEUTICAL INC	COM	90400D108	5,356	52,305	SH		SOLE		52,305	0	0
ROYAL BANCSHARES OF PENNSYLVANIA INC	COM	780081105	963	481,505	SH		SOLE		481,505	0	0
REIS INC	COM	75936P105	4,236	190,964	SH		SOLE		190,964	0	0
Real Industry Inc.	COM	75601W104	233	20,542	SH		SOLE		20,542	0	0
RENTRAK CORP	COM	760174102	13,714	196,480	SH		SOLE		196,480	0	0
REX ENERGY CORPORATION	COM	761565100	4,872	871,579	SH		SOLE		871,579	0	0
RENASANT CORP	COM	75970E107	419	12,860	SH		SOLE		12,860	0	0
RAMCO-GERSHENSON PROPERTI	COM	751452202	462	28,305	SH		SOLE		28,305	0	0
RED ROBIN GOURMET BURGERS INC	COM	75689M101	16,307	190,009	SH		SOLE		190,009	0	0
ROADRUNNER TRNSN SVCS HLDG	COM	76973Q105	10,762	417,128	SH		SOLE		417,128	0	0
RUDOLPH TECHNOLOGIES INC	COM	781270103	262	21,826	SH		SOLE		21,826	0	0
SILVERCREST ASSET MANAGEMENT	COM	828359109	636	45,204	SH		SOLE		45,204	0	0
SPIRIT AIRLS INC	COM	848577102	19,168	308,657	SH		SOLE		308,657	0	0
SUSSEX BANCORP	COM	869245100	372	30,890	SH		SOLE		30,890	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	4,321	29,519	SH		SOLE		29,519	0	0
SEACOAST COMMERCE BANK	COM	81171B108	499	44,200	SH		SOLE		44,200	0	0
SERVISFIRST BANCSHARES INC	COM	81768T108	4,236	112,745	SH		SOLE		112,745	0	0
SIMMONS FIRST NATIONAL CORPORATION	COM	828730200	1,491	31,940	SH		SOLE		31,940	0	0
SOUTHERN FIRST BANCSHARES	COM	842873101	824	46,032	SH		SOLE		46,032	0	0
STONEGATE BANK	COM	861811107	1,988	66,997	SH		SOLE		66,997	0	0
SCIENTIFIC GAMES CORP	COM	80874P109	729	46,880	SH		SOLE		46,880	0	0
MADDEN STEVEN LTD	COM	556269108	10,055	235,040	SH		SOLE		235,040	0	0
SIGMA DESIGNS INC	COM	826565103	4,088	342,680	SH		SOLE		342,680	0	0
SVB FINL GROUP	COM	78486Q101	4,112	28,559	SH		SOLE		28,559	0	0
SOLERA HOLDINGS INC	COM	83421A104	388	8,714	SH		SOLE		8,714	0	0
SUPER MICRO COMPUTER INC	COM	86800U104	9,222	311,778	SH		SOLE		311,778	0	0
SUN BANCORP	COM	86663B201	765	39,735	SH		SOLE		39,735	0	0
SYNCHRONOSS TECHNOLOGIES INC	COM	87157B103	10,122	221,344	SH		SOLE		221,344	0	0
SOUTHERN NATL BANCORP OF VA	COM	843395104	228	20,598	SH		SOLE		20,598	0	0
SUPERIOR ENERGY SVCS INC	COM	868157108	226	10,722	SH		SOLE		10,722	0	0
SEQUENTIAL BRANDS GROUP INC	COM	817340201	9,819	642,203	SH		SOLE		642,203	0	0
SQUARE 1 FINANCIAL INC	COM	85223W101	1,814	66,313	SH		SOLE		66,313	0	0
STONERIDGE INC	COM	86183P102	407	34,719	SH		SOLE		34,719	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	8,019	263,520	SH		SOLE		263,520	0	0
SOUTH STATE CORP	COM	840441109	1,387	18,257	SH		SOLE		18,257	0	0
Sterling Bancorp	COM	85917A100	2,346	159,583	SH		SOLE		159,583	0	0
SYNAPTICS INC	COM	87157D109	2,392	27,580	SH		SOLE		27,580	0	0
SYNERGY RESOURCES CORPORATION	COM	87164P103	6,234	545,433	SH		SOLE		545,433	0	0
TRIUMPH BANCORP	COM	89679E300	521	39,610	SH		SOLE		39,610	0	0
TEXAS CAPITAL BANCSHARES INC	COM	88224Q107	1,583	25,430	SH		SOLE		25,430	0	0
TELADOC INC	COM	87918A105	189	11,120	SH		SOLE		11,120	0	0
INTERFACE INC	COM	458665304	7,371	294,250	SH		SOLE		294,250	0	0
TALMAR BANCORP INC - CL A	COM	87482X101	812	48,499	SH		SOLE		48,499	0	0
TILLY`S INC-CLASS A SHRS	COM	886885102	6,171	638,203	SH		SOLE		638,203	0	0
TELENAV INC	COM	879455103	2,634	327,217	SH		SOLE		327,217	0	0
TENNANT CO	COM	880345103	6,668	102,050	SH		SOLE		102,050	0	0
TUTOR PERINI CORPORATION	COM	901109108	10,485	485,866	SH		SOLE		485,866	0	0
LENDINGTREE INC	COM	52603B107	20,762	264,120	SH		SOLE		264,120	0	0
TREX INC	COM	89531P105	17,134	346,622	SH		SOLE		346,622	0	0
UNITED INS HLDGS CORP	COM	910710102	489	31,441	SH		SOLE		31,441	0	0
VIRGIN AMERICA INC	COM	92765X208	5,811	211,473	SH		SOLE		211,473	0	0
VEEVA SYSTEMS INC	COM	922475108	16,322	582,322	SH		SOLE		582,322	0	0
VONAGE HOLDINGS CORP	COM	92886T201	13,340	2,716,895	SH		SOLE		2,716,895	0	0
VIRTU FINANCIAL INC CLASS A	COM	928254101	10,640	453,160	SH		SOLE		453,160	0	0
VIAD CORP	COM	92552R406	394	14,518	SH		SOLE		14,518	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	1,596	47,284	SH		SOLE		47,284	0	0
WELLCARE HEALTH PLANS INC	COM	94946T106	11,686	137,760	SH		SOLE		137,760	0	0
WALKER & DUNLOP INC	COM	93148P102	17,179	642,444	SH		SOLE		642,444	0	0
WASHINGTONFIRST BANKSHARE	COM	940730104	1,474	87,675	SH		SOLE		87,675	0	0
WILSHIRE BANCORP INC	COM	97186T108	623	49,340	SH		SOLE		49,340	0	0
WABASH NAT	COM	929566107	287	22,879	SH		SOLE		22,879	0	0
WEST TOWN BANK & TRUST	COM	956310106	540	36,738	SH		SOLE		36,738	0	0
XCERRA CORP	COM	98400J108	471	62,207	SH		SOLE		62,207	0	0
INTREXON CORP	COM	46122T102	15,100	309,434	SH		SOLE		309,434	0	0
ZAFGEN INC	COM	98885E103	1,905	55,000	SH		SOLE		55,000	0	0
ZIOPHARM ONCOLOGY INC	COM	98973P101	4,636	386,340	SH		SOLE		386,340	0	0
ZS PHARMA INC	COM	98979G105	7,070	134,954	SH		SOLE		134,954	0	0