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	14,160	252,175	SH		SOLE		252,175	0	0
AMERIS BANCORP	COM	03076K108	9,508	206,237	SH		SOLE		206,237	0	0
ATLANTIC COAST FINANCIAL CORP	COM	048426100	1,719	225,594	SH		SOLE		225,594	0	0
ACADIA HEALTHCAREPANY INC	COM	00404A109	210	4,816	SH		SOLE		4,816	0	0
ADAMAS PHARMACEUTICALS INC	COM	00548A106	10,006	571,789	SH		SOLE		571,789	0	0
ALLIANCE DATA SYS CORP	COM	018581108	236	946	SH		SOLE		946	0	0
AMERICAN EAGLE OUTFITTERS INC.	COM	02553E106	8,046	573,465	SH		SOLE		573,465	0	0
AIMMUNE THERAPEUTICS INC	COM	00900T107	9,978	459,160	SH		SOLE		459,160	0	0
ALDER BIOPHARMACEUITICALS INC	COM	014339105	8,694	417,963	SH		SOLE		417,963	0	0
ALARM.COM HOLDINGS INC	COM	011642105	12,360	402,091	SH		SOLE		402,091	0	0
AMERICAN BUSINESS BK LA CALI	COM	02475L105	2,165	53,798	SH		SOLE		53,798	0	0
AFFILIATED MANAGERS GROUP INC	COM	008252108	232	1,413	SH		SOLE		1,413	0	0
ALBANY MOLECULAR RESEARCH INC	COM	012423109	6,893	491,312	SH		SOLE		491,312	0	0
ACCESS NATL CORP	COM	004337101	1,660	55,280	SH		SOLE		55,280	0	0
APOGEE ENTERPRISES INC	COM	037598109	36,718	615,966	SH		SOLE		615,966	0	0
AMERICAN RIVIERA BANK	COM	02932A106	1,220	80,000	SH		SOLE		80,000	0	0
ARRIS INTERNATIONAL PLC	COM	G0551A103	376	14,199	SH		SOLE		14,199	0	0
ATRICURE INC	COM	04963C209	9,289	485,043	SH		SOLE		485,043	0	0
BROADCOM LTD	COM	Y09827109	214	979	SH		SOLE		979	0	0
AXOGEN INC	COM	05463X106	1,733	165,807	SH		SOLE		165,807	0	0
BRIDGE BANCORP INC	COM	108035106	7,889	225,409	SH		SOLE		225,409	0	0
BERRY PLASTICS GROUP INC	COM	08579W103	201	4,144	SH		SOLE		4,144	0	0
BLUE BIRD CORP	COM	095306106	879	51,238	SH		SOLE		51,238	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	156	10,464	SH		SOLE		10,464	0	0
BLUEBIRD BIO INC	COM	09609G100	3,791	41,702	SH		SOLE		41,702	0	0
BNC BANCORP	COM	05566T101	6,015	171,605	SH		SOLE		171,605	0	0
BOFI HLDG INC	COM	05566U108	35,391	1,354,436	SH		SOLE		1,354,436	0	0
BURLINGTON STORES INC	COM	122017106	18,117	186,219	SH		SOLE		186,219	0	0
FIRST BUSEY CORP	COM	319383204	1,060	36,040	SH		SOLE		36,040	0	0
BOVIE MEDICAL CORP	COM	10211F100	1,335	500,000	SH		SOLE		500,000	0	0
CAROLINA FINANCIAL CORP	COM	143873107	2,250	75,000	SH		SOLE		75,000	0	0
META FINANCIAL GROUP, INC	COM	59100U108	13,823	156,195	SH		SOLE		156,195	0	0
CAVIUM INC	COM	14964U108	26,238	366,142	SH		SOLE		366,142	0	0
CNB FINL CORP PA	COM	126128107	3,665	153,402	SH		SOLE		153,402	0	0
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	19,077	443,128	SH		SOLE		443,128	0	0
CHURCHILL DOWNS INC	COM	171484108	13,649	85,922	SH		SOLE		85,922	0	0
CHEGG INC	COM	163092109	18,408	2,181,082	SH		SOLE		2,181,082	0	0
CHUY'S HOLDINGS INC	COM	171604101	9,192	308,442	SH		SOLE		308,442	0	0
CIENA CORP	COM	171779309	19,687	833,845	SH		SOLE		833,845	0	0
CITY OFFICE REIT INC	COM	178587101	3,038	250,000	SH		SOLE		250,000	0	0
CIVISTA BANCSHARES INC	COM	178867107	2,688	121,319	SH		SOLE		121,319	0	0
CLIFFS NATURAL RESOURCES INC	COM	18683K101	10,835	1,319,705	SH		SOLE		1,319,705	0	0
CLOVIS ONCOLOGY INC	COM	189464100	8,140	127,839	SH		SOLE		127,839	0	0
CINEMARK HOLDINGS INC	COM	17243V102	235	5,307	SH		SOLE		5,307	0	0
CONNECTONE BANCORP INC	COM	20786W107	4,977	205,231	SH		SOLE		205,231	0	0
COHERENT INC	COM	192479103	9,473	46,064	SH		SOLE		46,064	0	0
CALLON PETROLEUM CO	COM	13123X102	14,644	1,112,730	SH		SOLE		1,112,730	0	0
CIRRUS LOGIC INC	COM	172755100	8,737	143,960	SH		SOLE		143,960	0	0
CENTERSTATE BANKS INC	COM	15201P109	5,266	203,323	SH		SOLE		203,323	0	0
CAPSTAR FINANCIAL HOLDINGS	COM	14070T102	2,384	125,000	SH		SOLE		125,000	0	0
CARETRUST REIT INC	COM	14174T107	14,817	880,907	SH		SOLE		880,907	0	0
CUSTOMERS BANCORP INC	COM	23204G100	20,295	643,665	SH		SOLE		643,665	0	0
COMMERCE UNION BANCSHARES	COM	200828101	371	17,052	SH		SOLE		17,052	0	0
CU BANCORP CALIF	COM	126534106	1,274	32,124	SH		SOLE		32,124	0	0
CAMPING WORLD HOLDINGS INC	COM	13462K109	6,520	202,226	SH		SOLE		202,226	0	0
MASONITE INTERNATIONAL CORP	COM	575385109	23,774	299,985	SH		SOLE		299,985	0	0
DYCOM INDUSTRIES INC	COM	267475101	25,902	278,667	SH		SOLE		278,667	0	0
MERIDIAN BANCORP INC	COM	58958U103	839	45,870	SH		SOLE		45,870	0	0
CHANNELADVISOR CORP	COM	159179100	6,086	545,803	SH		SOLE		545,803	0	0
EAGLE BANCORP INC MD	COM	268948106	10,015	167,748	SH		SOLE		167,748	0	0
8X8 INC NEW	COM	282914100	30,422	1,994,886	SH		SOLE		1,994,886	0	0
ELLIE MAE INC	COM	28849P100	7,365	73,451	SH		SOLE		73,451	0	0
ENPHASE ENERGY, INC	COM	29355A107	368	268,600	SH		SOLE		268,600	0	0
EPAM SYSTEMS INC	COM	29414B104	27,450	363,477	SH		SOLE		363,477	0	0
EQUITY BANCSHARES INC	COM	29460X109	7,268	228,773	SH		SOLE		228,773	0	0
EAST WEST BANCORP INC	COM	27579R104	8,395	162,663	SH		SOLE		162,663	0	0
EXELIXIS INC	COM	30161Q104	12,240	564,819	SH		SOLE		564,819	0	0
FIRST BUS FINL SVCS INC WIS	COM	319390100	3,110	119,800	SH		SOLE		119,800	0	0
FCB FINANCIAL HOLDINGS INC	COM	30255G103	29,190	589,106	SH		SOLE		589,106	0	0
FIRST CHOICE BANK	COM	319461109	5,834	286,000	SH		SOLE		286,000	0	0
1ST CONSTITUTION BANCORP	COM	31986N102	1,400	75,856	SH		SOLE		75,856	0	0
FREEDOM BANK OF VIRGINIA	COM	35633M102	3,055	246,394	SH		SOLE		246,394	0	0
FLUSHING FINL CORP	COM	343873105	2,223	82,750	SH		SOLE		82,750	0	0
FIRST FINL BANCSHARES INC	COM	32020R109	813	20,280	SH		SOLE		20,280	0	0
FIRST FOUNDATION INC	COM	32026V104	4,406	284,074	SH		SOLE		284,074	0	0
FIVE BELOW	COM	33829M101	16,447	379,751	SH		SOLE		379,751	0	0
FIRST LONG IS CORP	COM	320734106	1,581	58,449	SH		SOLE		58,449	0	0
FARMERS NATL BANC CORP	COM	309627107	1,246	86,853	SH		SOLE		86,853	0	0
FEDERATED NATIONAL HOLDING COMPANY	COM	31422T101	697	40,000	SH		SOLE		40,000	0	0
KEANE GROUP INC	COM	48669A108	9,483	663,145	SH		SOLE		663,145	0	0
FIRST BANK	COM	31931U102	2,258	188,963	SH		SOLE		188,963	0	0
REPUBLIC FIRST BANCORP INC	COM	760416107	6,206	747,663	SH		SOLE		747,663	0	0
FRESHPET INC	COM	358039105	2,891	262,779	SH		SOLE		262,779	0	0
FIRST RESOURCE BANK	COM	336177100	1,085	125,475	SH		SOLE		125,475	0	0
FRANKLIN FINANCIAL NETWORK	COM	35352P104	7,395	190,838	SH		SOLE		190,838	0	0
FVCBANKCORP INC	COM	36120Q101	1,276	67,853	SH		SOLE		67,853	0	0
GERMAN AMERICAN BANCORP	COM	373865104	375	7,926	SH		SOLE		7,926	0	0
GUARANTY BANCORP DEL	COM	40075T607	548	22,506	SH		SOLE		22,506	0	0
GOLD COAST BANK NY	COM	38058E100	3,482	169,868	SH		SOLE		169,868	0	0
GMS INC	COM	36251C103	18,645	532,113	SH		SOLE		532,113	0	0
GREEN BANCORP INC	COM	39260X100	1,095	61,496	SH		SOLE		61,496	0	0
GENERAC HOLDINGS INC	COM	368736104	10,063	269,924	SH		SOLE		269,924	0	0
GSV CAP CORP	COM	36191J101	788	175,979	SH		SOLE		175,979	0	0
GRAY TELEVISION INC	COM	389375106	161	11,127	SH		SOLE		11,127	0	0
GTT COMMUNICATIONS INC	COM	362393100	21,290	874,351	SH		SOLE		874,351	0	0
GUIDEWIRE SOFTWARE INC	COM	40171V100	14,141	251,041	SH		SOLE		251,041	0	0
HOME BANCORP INC	COM	43689E107	394	11,680	SH		SOLE		11,680	0	0
HOWARD BANCORP INC	COM	442496105	7,714	412,499	SH		SOLE		412,499	0	0
HOPFED BANCORP INC	COM	439734104	229	16,003	SH		SOLE		16,003	0	0
HOME FEDERAL BANCORP	COM	43708L108	535	18,520	SH		SOLE		18,520	0	0
HERITAGE FINL CORP WASH	COM	42722X106	2,559	103,401	SH		SOLE		103,401	0	0
HEALTH INSURANCE INOVATIONS	COM	42225K106	6,383	398,955	SH		SOLE		398,955	0	0
HAMILTON LANE INC	COM	407497106	4,449	238,320	SH		SOLE		238,320	0	0
HOME BANCSHARES INC	COM	436893200	11,927	440,592	SH		SOLE		440,592	0	0
HERITAGE COMMERCE CORP	COM	426927109	1,955	138,670	SH		SOLE		138,670	0	0
INDEPENENT BANK CORP	COM	453838609	1,035	50,000	SH		SOLE		50,000	0	0
INSTALLED BUILDING PRODUCTS	COM	45780R101	37,734	715,344	SH		SOLE		715,344	0	0
INDEPENDENT BANK GROUP INC	COM	45384B106	1,012	15,731	SH		SOLE		15,731	0	0
COUNTY BANCORP INC	COM	221907108	895	30,814	SH		SOLE		30,814	0	0
IMPERVA INC	COM	45321L100	20,726	504,892	SH		SOLE		504,892	0	0
INDEPENDENT BK CORP MASS	COM	453836108	991	15,250	SH		SOLE		15,250	0	0
INSMED INC	COM	457669307	14,312	817,350	SH		SOLE		817,350	0	0
INNOSPEC INC	COM	45768S105	10,034	154,962	SH		SOLE		154,962	0	0
IPG PHOTONICS CORP	COM	44980X109	15,396	127,560	SH		SOLE		127,560	0	0
INPHI CORP	COM	45772F107	5,498	112,620	SH		SOLE		112,620	0	0
INDEPENDENCE REALTY TRUST INC	COM	45378A106	870	92,800	SH		SOLE		92,800	0	0
INVESTAR HOLDIN	COM	46134L105	5,644	257,712	SH		SOLE		257,712	0	0
INTEGER HOLDINGS CORP	COM	45826H109	15,435	383,965	SH		SOLE		383,965	0	0
JACK IN THE BOX INC	COM	466367109	17,033	167,448	SH		SOLE		167,448	0	0
JOHN MARSHALL BANCORP INC	COM	47805L101	1,308	60,120	SH		SOLE		60,120	0	0
JONES ENERGY INC	COM	48019R108	49	19,143	SH		SOLE		19,143	0	0
JAMES RIVER GROUP HOLDINGS	COM	G5005R107	2,143	50,000	SH		SOLE		50,000	0	0
KATE SPADE & CO	COM	485865109	7,337	315,859	SH		SOLE		315,859	0	0
KINGSTONE INC	COM	496719105	2,951	185,000	SH		SOLE		185,000	0	0
KLX INC	COM	482539103	17,915	400,793	SH		SOLE		400,793	0	0
KENNAMETAL INC	COM	489170100	13,106	334,073	SH		SOLE		334,073	0	0
KNOLL INC	COM	498904200	5,798	243,509	SH		SOLE		243,509	0	0
KINSALE CAPITAL GROUP INC	COM	49714P108	1,524	47,570	SH		SOLE		47,570	0	0
KONA GRILL INC	COM	50047H201	2,524	400,659	SH		SOLE		400,659	0	0
KOPPERS HOLDINGS INC	COM	50060P106	206	4,875	SH		SOLE		4,875	0	0
KRATOS DEFENSE AND SECURITY	COM	50077B207	12,671	1,628,657	SH		SOLE		1,628,657	0	0
K2M GROUP HOLDINGS INC	COM	48273J107	18,893	921,137	SH		SOLE		921,137	0	0
LAKELAND BANCORP INC	COM	511637100	1,289	65,781	SH		SOLE		65,781	0	0
LEAF GROUP LTD	COM	52177G102	905	120,709	SH		SOLE		120,709	0	0
LUMENTUM HOLDINGS INC	COM	55024U109	25,336	474,897	SH		SOLE		474,897	0	0
LAKELAND FINL CORP	COM	511656100	2,010	46,615	SH		SOLE		46,615	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	4,920	227,237	SH		SOLE		227,237	0	0
LEGACYTEXAS FINANCIAL GROUP	COM	52471Y106	2,681	67,200	SH		SOLE		67,200	0	0
MATTHEWS INTL CORP CL A	COM	577128101	16,094	237,901	SH		SOLE		237,901	0	0
MERCANTILE BANK CORP	COM	587376104	3,023	87,881	SH		SOLE		87,881	0	0
MOELIS & CO	COM	60786M105	17,732	460,565	SH		SOLE		460,565	0	0
MECHANICS BANK RICHMOND CA	COM	583614102	900	30	SH		SOLE		30	0	0
THE MARCUS CORP	COM	566330106	8,800	274,130	SH		SOLE		274,130	0	0
MERCER INTERNATIONAL INC	COM	588056101	168	14,375	SH		SOLE		14,375	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	251	9,168	SH		SOLE		9,168	0	0
MACROGENICS INC	COM	556099109	6,662	358,161	SH		SOLE		358,161	0	0
MITEL NETWORKS	COM	60671Q104	123	17,745	SH		SOLE		17,745	0	0
MALVERN BANCORP INC	COM	561409103	5,454	259,003	SH		SOLE		259,003	0	0
MODEL N INC	COM	607525102	6,772	648,075	SH		SOLE		648,075	0	0
MIDWESTONE FINANCIAL GROUP INC	COM	598511103	5,175	150,908	SH		SOLE		150,908	0	0
MID PENN BANCORP INC	COM	59540G107	422	15,773	SH		SOLE		15,773	0	0
MERCURY SYSTEMS INC	COM	589378108	23,579	603,823	SH		SOLE		603,823	0	0
MEDEQUITIES REALTY TRUST INC	COM	58409L306	3,957	353,005	SH		SOLE		353,005	0	0
MIDLAND STATES BANCORP INC	COM	597742105	1,841	53,546	SH		SOLE		53,546	0	0
MICROSEMI CORP	COM	595137100	35,172	682,558	SH		SOLE		682,558	0	0
MAINSOURCE FINANCIAL GROUP	COM	56062Y102	1,463	44,420	SH		SOLE		44,420	0	0
MICROSTRATEGY INC	COM	594972408	26,597	141,623	SH		SOLE		141,623	0	0
MERITAGE CORP	COM	59001A102	6,610	179,626	SH		SOLE		179,626	0	0
MACOM TECHNOLOGY SOLUTIONS	COM	55405Y100	12,502	258,838	SH		SOLE		258,838	0	0
MANITOWOC COMPANY	COM	563571108	6,498	1,140,032	SH		SOLE		1,140,032	0	0
MULESOFT INC	COM	625207105	3,041	125,000	SH		SOLE		125,000	0	0
MAXLINEAR INC CLASS A	COM	57776J100	9,613	342,700	SH		SOLE		342,700	0	0
NATIONAL CAPITAL BANK OF WASHINGTON	COM	635162100	312	1,716	SH		SOLE		1,716	0	0
NEUROCRINE BIOSCIENCES, INC	COM	64125C109	9,639	222,612	SH		SOLE		222,612	0	0
NICHOLET BANKSHARES INC	COM	65406E102	2,275	48,060	SH		SOLE		48,060	0	0
NATIONAL COMMERCE CORP	COM	63546L102	14,059	384,135	SH		SOLE		384,135	0	0
NEOGENOMICS INC	COM	64049M209	7,160	907,529	SH		SOLE		907,529	0	0
NANTHEALTH INC	COM	630104107	2,213	446,079	SH		SOLE		446,079	0	0
NMI HOLDINGS INC	COM	629209305	859	75,340	SH		SOLE		75,340	0	0
NUTRI SYS INC NEW	COM	67069D108	26,655	480,271	SH		SOLE		480,271	0	0
NV5 GLOBAL INC	COM	62945V109	3,100	82,456	SH		SOLE		82,456	0	0
NEXSTAR MEDIA GROUP INC	COM	65336K103	26,422	376,649	SH		SOLE		376,649	0	0
OBALON THERAPEUTICS INC	COM	67424L100	357	33,353	SH		SOLE		33,353	0	0
OCEANFIRST FINANCIAL CORP	COM	675234108	5,301	188,139	SH		SOLE		188,139	0	0
OCLARO INC	COM	67555N206	9,373	954,464	SH		SOLE		954,464	0	0
OLD LINE BANCSHARES INC	COM	67984M100	2,489	87,388	SH		SOLE		87,388	0	0
OLLIE'S BARGAIN OUTLET HOLDINGS	COM	681116109	16,332	487,515	SH		SOLE		487,515	0	0
ON SEMICONDUCTOR CORPORATION	COM	682189105	172	11,098	SH		SOLE		11,098	0	0
OPUS BANK	COM	684000102	12,611	625,870	SH		SOLE		625,870	0	0
BANK OF THE OZARKS INC	COM	063904106	53,347	1,025,709	SH		SOLE		1,025,709	0	0
PACWEST BANCORP DEL	COM	695263103	8,145	152,928	SH		SOLE		152,928	0	0
PARAGON COMMERCIAL CORP	COM	69911U403	4,038	75,493	SH		SOLE		75,493	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	9,702	260,817	SH		SOLE		260,817	0	0
PENN NATL GAMING INC	COM	707569109	4,443	241,099	SH		SOLE		241,099	0	0
PROFESSIONAL HOLDING CORP	COM	743139107	3,019	240,584	SH		SOLE		240,584	0	0
PROOFPOINT INC	COM	743424103	22,377	300,926	SH		SOLE		300,926	0	0
DAVE & BUSTER'S ENTERTAINMENT INC.	COM	238337109	7,753	126,913	SH		SOLE		126,913	0	0
PLANET FITNESS INC	COM	72703H101	11,323	587,592	SH		SOLE		587,592	0	0
PACIFIC MERCANTILE BANCORP	COM	694552100	4,525	599,284	SH		SOLE		599,284	0	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	8,865	133,412	SH		SOLE		133,412	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	26,746	693,792	SH		SOLE		693,792	0	0
PERFICIENT INC	COM	71375U101	204	11,727	SH		SOLE		11,727	0	0
PRIMORIS SERVICES CORP	COM	74164F103	16,127	694,516	SH		SOLE		694,516	0	0
PORTOLA PHARMACEUTICALS INC	COM	737010108	8,443	215,441	SH		SOLE		215,441	0	0
PEOPLE'S UTAH BANCORP	COM	712706209	5,708	215,808	SH		SOLE		215,808	0	0
PUGET SOUND BANCORP INC	COM	74532B107	2,718	114,430	SH		SOLE		114,430	0	0
PRIVATEBANCORP INC	COM	742962103	4,690	78,990	SH		SOLE		78,990	0	0
QCR HOLDINGS INC	COM	74727A104	3,949	93,253	SH		SOLE		93,253	0	0
QUANTENNA COMMUNICATIONS	COM	74766D100	2,708	130,010	SH		SOLE		130,010	0	0
QTS REALTY TRUST INC	COM	74736A103	19,454	399,051	SH		SOLE		399,051	0	0
Q2 HOLDINGS INC	COM	74736L109	2,255	64,716	SH		SOLE		64,716	0	0
ROYAL BANCSHARES OF PENNSYLVANIA INC	COM	780081105	1,878	481,505	SH		SOLE		481,505	0	0
REIS INC	COM	75936P105	3,956	221,026	SH		SOLE		221,026	0	0
REATA PHARMACEUTICALS INC	COM	75615P103	6,222	274,692	SH		SOLE		274,692	0	0
RENASANT CORP	COM	75970E107	1,788	45,042	SH		SOLE		45,042	0	0
RED ROBIN GOURMET BURGERS INC	COM	75689M101	2,716	46,471	SH		SOLE		46,471	0	0
SAGE THERAPEUTICS INC	COM	78667J108	7,139	100,451	SH		SOLE		100,451	0	0
SPIRIT AIRLS INC	COM	848577102	24,144	454,951	SH		SOLE		454,951	0	0
SBA COMMUNICATIONS CORP CL A	COM	78410G104	204	1,695	SH		SOLE		1,695	0	0
SUSSEX BANCORP	COM	869245100	837	34,173	SH		SOLE		34,173	0	0
SUNSHINE BANCORP INC	COM	86777J108	2,173	103,767	SH		SOLE		103,767	0	0
SEACOAST COMMERCE BANK	COM	81171B108	1,169	62,200	SH		SOLE		62,200	0	0
SERVISFIRST BANCSHARES INC	COM	81768T108	9,318	256,130	SH		SOLE		256,130	0	0
SIMMONS FIRST NATIONAL CORPORATION	COM	828730200	3,653	66,236	SH		SOLE		66,236	0	0
SOUTHERN FIRST BANCSHARES	COM	842873101	1,503	46,032	SH		SOLE		46,032	0	0
STONEGATE BANK	COM	861811107	6,113	129,815	SH		SOLE		129,815	0	0
MADDEN STEVEN LTD	COM	556269108	12,434	322,534	SH		SOLE		322,534	0	0
SVB FINL GROUP	COM	78486Q101	14,054	75,525	SH		SOLE		75,525	0	0
US SILICA HOLDINGS INC	COM	90346E103	7,936	165,359	SH		SOLE		165,359	0	0
SMARTFINANCIAL INC	COM	83190L208	2,104	100,000	SH		SOLE		100,000	0	0
SOUTHERN NATL BANCORP OF VA	COM	843395104	349	20,598	SH		SOLE		20,598	0	0
S&P GLOBAL INC	COM	78409V104	271	2,073	SH		SOLE		2,073	0	0
SEQUENTIAL BRANDS GROUP INC	COM	81734P107	4,256	1,094,073	SH		SOLE		1,094,073	0	0
1ST SOURCE CORP	COM	336901103	4,695	100,000	SH		SOLE		100,000	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	17,892	604,467	SH		SOLE		604,467	0	0
STERLING BANCORP	COM	85917A100	4,391	185,283	SH		SOLE		185,283	0	0
TRIUMPH BANCORP	COM	89679E300	1,022	39,610	SH		SOLE		39,610	0	0
TEXAS CAPITAL BANCSHARES INC	COM	88224Q107	8,842	105,959	SH		SOLE		105,959	0	0
TELADOC INC	COM	87918A105	12,468	498,730	SH		SOLE		498,730	0	0
TEAM INC	COM	878155100	2,781	102,820	SH		SOLE		102,820	0	0
TILLY'S INC-CLASS A SHRS	COM	886885102	5,890	652,973	SH		SOLE		652,973	0	0
TIMKENSTEEL CORP	COM	887399103	11,763	622,065	SH		SOLE		622,065	0	0
TENNANT CO	COM	880345103	13,145	180,936	SH		SOLE		180,936	0	0
TUTOR PERINI CORPORATION	COM	901109108	23,115	726,881	SH		SOLE		726,881	0	0
LENDINGTREE INC	COM	52603B107	38,212	304,839	SH		SOLE		304,839	0	0
TREX INC	COM	89531P105	28,900	416,491	SH		SOLE		416,491	0	0
TABULA RASA HEALTHCARE INC	COM	873379101	3,202	237,543	SH		SOLE		237,543	0	0
TETRA TECH INC	COM	88162G103	20,110	492,293	SH		SOLE		492,293	0	0
TILE SHOP HLDGS INC	COM	88677Q109	14,142	734,632	SH		SOLE		734,632	0	0
TAKE TWO INTERACTIVE SOFTWARE	COM	874054109	29,280	494,015	SH		SOLE		494,015	0	0
UNITED COMMUNITY BANKS	COM	90984P303	2,818	101,784	SH		SOLE		101,784	0	0
UNITED INS HLDGS CORP	COM	910710102	501	31,441	SH		SOLE		31,441	0	0
UNITY BANCORP INC	COM	913290102	2,860	168,750	SH		SOLE		168,750	0	0
US CONCRETE INC	COM	90333L201	19,452	301,348	SH		SOLE		301,348	0	0
VERITEX HOLDINGS INC	COM	923451108	1,702	60,517	SH		SOLE		60,517	0	0
VEEVA SYSTEMS INC	COM	922475108	52,559	1,024,938	SH		SOLE		1,024,938	0	0
VONAGE HOLDINGS CORP	COM	92886T201	28,681	4,538,160	SH		SOLE		4,538,160	0	0
VARONIS SYSTEMS INC	COM	922280102	17,592	553,215	SH		SOLE		553,215	0	0
WABTEC CORPORATION	COM	929740108	215	2,762	SH		SOLE		2,762	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	9,172	186,834	SH		SOLE		186,834	0	0
WASHINGTONFIRST BANKSHARE	COM	940730104	5,518	197,058	SH		SOLE		197,058	0	0
WATERSTONE FINANCIAL INC	COM	94188P101	730	40,000	SH		SOLE		40,000	0	0
WSFS FINANCIAL CORPORATION	COM	929328102	7,793	169,608	SH		SOLE		169,608	0	0
WINTRUST FINANCIAL CORP	COM	97650W108	8,302	120,117	SH		SOLE		120,117	0	0
WEST TOWN BANK & TRUST	COM	956308100	2,584	109,942	SH		SOLE		109,942	0	0
XENITH BANKSHARES INC	COM	984102202	3,140	123,783	SH		SOLE		123,783	0	0
XCERRA CORP	COM	98400J108	121	13,574	SH		SOLE		13,574	0	0
INTREXON CORP	COM	46122T102	368	18,575	SH		SOLE		18,575	0	0
XACTLY CORPORATION	COM	98386L101	8,048	676,338	SH		SOLE		676,338	0	0
ZAGG INC	COM	98884U108	150	20,838	SH		SOLE		20,838	0	0