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
APPLE INC	COM	037833100	430	2,565	SH		SOLE		2,565	0	0
ATLAS AIR WORLDWIDE HOLDING	COM	049164205	16,696	276,192	SH		SOLE		276,192	0	0
AMERIS BANCORP	COM	03076K108	10,910	206,237	SH		SOLE		206,237	0	0
ACADIA HEALTHCAREPANY INC	COM	00404A109	226	5,764	SH		SOLE		5,764	0	0
ADAMAS PHARMACEUTICALS INC	COM	00548A106	12,726	532,477	SH		SOLE		532,477	0	0
AMERICAN EAGLE OUTFITTERS INC.	COM	02553E106	16,980	851,982	SH		SOLE		851,982	0	0
PLAYAGS INC	COM	72814N104	14,195	610,256	SH		SOLE		610,256	0	0
AIMMUNE THERAPEUTICS INC	COM	00900T107	12,663	397,831	SH		SOLE		397,831	0	0
AK STEEL HOLDING CORP	COM	001547108	7,313	1,614,435	SH		SOLE		1,614,435	0	0
ALDER BIOPHARMACEUITICALS INC	COM	014339105	17,095	1,346,049	SH		SOLE		1,346,049	0	0
ALARM.COM HOLDINGS INC	COM	011642105	13,640	361,407	SH		SOLE		361,407	0	0
AMERICAN BUSINESS BK LA CALI	COM	02475L105	2,367	59,178	SH		SOLE		59,178	0	0
AMAZON.COM, INC	COM	023135106	509	352	SH		SOLE		352	0	0
ACCESS NATL CORP	COM	004337101	1,577	55,280	SH		SOLE		55,280	0	0
APOGEE ENTERPRISES INC	COM	037598109	23,277	536,961	SH		SOLE		536,961	0	0
EVOQUA WATER TECHNOLOGIES INC	COM	30057T105	4,948	232,414	SH		SOLE		232,414	0	0
AMERICAN RIVIERA BANK	COM	02932A106	3,262	169,900	SH		SOLE		169,900	0	0
ARMO BIOSCIENCES INC	COM	04225U104	9,734	260,185	SH		SOLE		260,185	0	0
ARENA PHARMACEUTICALS INC	COM	040047607	15,186	384,450	SH		SOLE		384,450	0	0
ASSEMBLY BIOSCIENCES INC	COM	045396108	5,442	110,748	SH		SOLE		110,748	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	11,040	466,201	SH		SOLE		466,201	0	0
ATRICURE INC	COM	04963C209	8,781	427,922	SH		SOLE		427,922	0	0
AIR TRANSPORT SERVICES GROUP	COM	00922R105	10,587	453,983	SH		SOLE		453,983	0	0
BRIDGE BANCORP INC	COM	108035106	7,562	225,409	SH		SOLE		225,409	0	0
BIOHAVEN PHARMACEUTICAL HOLDINGS	COM	G11196105	8,413	326,607	SH		SOLE		326,607	0	0
BLUE BIRD CORP	COM	095306106	1,239	52,286	SH		SOLE		52,286	0	0
TOPBUILD CORP	COM	89055F103	16,870	220,463	SH		SOLE		220,463	0	0
BLUEBIRD BIO INC	COM	09609G100	4,331	25,364	SH		SOLE		25,364	0	0
BANK OF COMMERCE HOLDINGS	COM	06424J103	4,946	424,577	SH		SOLE		424,577	0	0
BOFI HLDG INC	COM	05566U108	24,760	610,902	SH		SOLE		610,902	0	0
BOX INC	COM	10316T104	14,519	706,540	SH		SOLE		706,540	0	0
THE BANK OF PRINCETON	COM	064520109	3,450	100,000	SH		SOLE		100,000	0	0
BURLINGTON STORES INC	COM	122017106	18,364	137,921	SH		SOLE		137,921	0	0
BRIDGEWATER BANCSHARES INC	COM	108621103	7,575	579,591	SH		SOLE		579,591	0	0
BYLINE BANCORP INC	COM	124411109	10,498	457,815	SH		SOLE		457,815	0	0
CADENCE BANCORP	COM	12739A100	38,330	1,407,636	SH		SOLE		1,407,636	0	0
CAROLINA FINANCIAL CORP	COM	143873107	5,704	145,214	SH		SOLE		145,214	0	0
META FINANCIAL GROUP, INC	COM	59100U108	14,166	129,726	SH		SOLE		129,726	0	0
CASS INFORMATION SYS INC	COM	14808P109	2,719	45,697	SH		SOLE		45,697	0	0
CBTX INC	COM	12481V104	10,562	358,750	SH		SOLE		358,750	0	0
CNB FINL CORP PA	COM	126128107	5,630	193,546	SH		SOLE		193,546	0	0
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	11,657	268,601	SH		SOLE		268,601	0	0
CARDLYTICS INC	COM	14161W105	2,006	137,093	SH		SOLE		137,093	0	0
CAREDX INC	COM	14167L103	3,486	437,450	SH		SOLE		437,450	0	0
CONFORMIS INC	COM	20717E101	1,160	800,000	SH		SOLE		800,000	0	0
CHURCHILL DOWNS INC	COM	171484108	6,329	25,934	SH		SOLE		25,934	0	0
CHEGG INC	COM	163092109	46,171	2,234,825	SH		SOLE		2,234,825	0	0
CHUYS HOLDINGS INC	COM	171604101	8,829	336,986	SH		SOLE		336,986	0	0
CIENA CORP	COM	171779309	12,528	483,698	SH		SOLE		483,698	0	0
CIVISTA BANCSHARES INC	COM	178867107	2,773	121,319	SH		SOLE		121,319	0	0
CLOUDERA INC	COM	18914U100	15,993	741,083	SH		SOLE		741,083	0	0
CLEVELAND-CLIFFS INC	COM	185899101	7,559	1,087,692	SH		SOLE		1,087,692	0	0
CLOVIS ONCOLOGY INC	COM	189464100	8,312	157,415	SH		SOLE		157,415	0	0
CALLON PETROLEUM CO	COM	13123X102	7,803	589,350	SH		SOLE		589,350	0	0
CATALYST PHARMACEUTICAL PARTNERS	COM	14888U101	2,242	938,078	SH		SOLE		938,078	0	0
CARPENTER TECHNOLOGY CORP	COM	144285103	20,756	470,438	SH		SOLE		470,438	0	0
CENTERSTATE BANKS CORP	COM	15201P109	9,822	370,213	SH		SOLE		370,213	0	0
CATALENT INC	COM	148806102	23,129	563,307	SH		SOLE		563,307	0	0
DECIPHERA PHARMACEUTICALS INC	COM	24344T101	8,679	433,060	SH		SOLE		433,060	0	0
DICERNA PHARMACEUTICALS INC	COM	253031108	1,449	151,571	SH		SOLE		151,571	0	0
DASEKE INC	COM	23753F107	10,584	1,081,060	SH		SOLE		1,081,060	0	0
DYCOM INDUSTRIES INC	COM	267475101	24,956	231,871	SH		SOLE		231,871	0	0
ENPHASE ENERGY, INC	COM	29355A107	1,228	268,600	SH		SOLE		268,600	0	0
EPAM SYSTEMS INC	COM	29414B104	36,207	316,164	SH		SOLE		316,164	0	0
EQUITY BANCSHARES INC	COM	29460X109	8,959	228,773	SH		SOLE		228,773	0	0
ESQUIRE FINANCIAL HOLDINGS	COM	29667J101	8,097	331,830	SH		SOLE		331,830	0	0
ENTERCOMMUNICATIONS CORP	COM	293639100	6,864	711,338	SH		SOLE		711,338	0	0
EXACT SCIENCES CORP	COM	30063P105	13,075	324,204	SH		SOLE		324,204	0	0
FACEBOOK INC	COM	30303M102	300	1,878	SH		SOLE		1,878	0	0
FB FINANCIAL CORP	COM	30257X104	5,349	131,782	SH		SOLE		131,782	0	0
FIRST BANCSHARES INC	COM	318916103	3,674	113,927	SH		SOLE		113,927	0	0
FCB FINANCIAL HOLDINGS INC	COM	30255G103	42,798	837,540	SH		SOLE		837,540	0	0
FIRST CHOICE BANK	COM	319461109	7,433	286,000	SH		SOLE		286,000	0	0
FREEDOM BANK OF VIRGINIA	COM	35633M102	3,281	258,714	SH		SOLE		258,714	0	0
FIRST FOUNDATION INC	COM	32026V104	16,379	883,449	SH		SOLE		883,449	0	0
FIVE BELOW	COM	33829M101	27,058	368,935	SH		SOLE		368,935	0	0
NATIONAL BEVERAGE CORP	COM	635017106	4,381	49,218	SH		SOLE		49,218	0	0
FIRST LONG IS CORP	COM	320734106	1,266	46,108	SH		SOLE		46,108	0	0
FARMERS AND MERCHANTS BANK OF LONG BEACH	COM	308243104	1,699	215	SH		SOLE		215	0	0
FARMERS NATL BANC CORP	COM	309627107	1,203	86,853	SH		SOLE		86,853	0	0
KEANE GROUP INC	COM	48669A108	14,420	974,330	SH		SOLE		974,330	0	0
FIRST BANK	COM	31931U102	8,481	588,963	SH		SOLE		588,963	0	0
REPUBLIC FIRST BANCORP INC	COM	760416107	6,505	747,663	SH		SOLE		747,663	0	0
1ST MERCHANTS	COM	320817109	1,761	42,222	SH		SOLE		42,222	0	0
FRESHPET INC	COM	358039105	12,160	739,235	SH		SOLE		739,235	0	0
FIRST RESOURCE BANK	COM	336177100	1,506	125,475	SH		SOLE		125,475	0	0
FS BANCORP INC	COM	30263Y104	2,509	46,892	SH		SOLE		46,892	0	0
FORESCOUT TECHNOLOGIES INC	COM	34553D101	13,541	417,416	SH		SOLE		417,416	0	0
FUSION TELECOMMUNICATIONS INC	COM	36113B400	2,584	800,000	SH		SOLE		800,000	0	0
FVCBANKCORP INC	COM	36120Q101	1,615	92,837	SH		SOLE		92,837	0	0
GUARANTY BANCORP DEL	COM	40075T607	5,043	177,886	SH		SOLE		177,886	0	0
GOLD COAST BANCORP INC	COM	380569103	2,251	169,868	SH		SOLE		169,868	0	0
GMS INC	COM	36251C103	13,222	432,655	SH		SOLE		432,655	0	0
GUARANTY BANCSHARES INC	COM	400764106	6,662	200,000	SH		SOLE		200,000	0	0
ALPHABET INC CLA A	COM	02079K305	298	287	SH		SOLE		287	0	0
GRUBHUB INC	COM	400110102	24,071	237,222	SH		SOLE		237,222	0	0
GSV CAP CORP	COM	36191J101	973	129,089	SH		SOLE		129,089	0	0
G1 THERAPEUTICS INC	COM	3621LQ109	21,850	589,755	SH		SOLE		589,755	0	0
GTT COMMUNICATIONS INC	COM	362393100	37,236	656,724	SH		SOLE		656,724	0	0
GOLDFIELD CORP	COM	381370105	81	20,933	SH		SOLE		20,933	0	0
GUIDEWIRE SOFTWARE INC	COM	40171V100	16,197	200,381	SH		SOLE		200,381	0	0
H&E EQUIPMENT SERVICES INC	COM	404030108	21,205	550,917	SH		SOLE		550,917	0	0
HERITAGE FINL CORP WASH	COM	42722X106	7,257	237,146	SH		SOLE		237,146	0	0
HERITAGE COMMERCE CORP	COM	426927109	2,285	138,670	SH		SOLE		138,670	0	0
INDEPENENT BANK CORP	COM	453838609	1,145	50,000	SH		SOLE		50,000	0	0
INSTALLED BUILDING PRODUCTS	COM	45780R101	18,023	300,140	SH		SOLE		300,140	0	0
COUNTY BANCORP INC	COM	221907108	973	33,300	SH		SOLE		33,300	0	0
II-VI INC	COM	902104108	12,432	303,960	SH		SOLE		303,960	0	0
INDUSTRIAL LOGISTICS PROPERTIES	COM	456237106	13,896	683,185	SH		SOLE		683,185	0	0
IMPERVA INC	COM	45321L100	12,373	285,761	SH		SOLE		285,761	0	0
INTERNAP CORP	COM	45885A409	5,444	494,928	SH		SOLE		494,928	0	0
FIRST INTERNET BANCORP	COM	320557101	7,030	190,000	SH		SOLE		190,000	0	0
INSMED INC	COM	457669307	14,160	628,779	SH		SOLE		628,779	0	0
INSTRUCTURE INC	COM	45781U103	5,259	124,769	SH		SOLE		124,769	0	0
INNOSPEC INC	COM	45768S105	8,948	130,434	SH		SOLE		130,434	0	0
IPG PHOTONICS CORP	COM	44980X109	24,802	106,271	SH		SOLE		106,271	0	0
INVESTAR HOLDIN	COM	46134L105	6,662	257,712	SH		SOLE		257,712	0	0
INTEGER HOLDINGS CORP	COM	45826H109	7,244	128,091	SH		SOLE		128,091	0	0
JACK IN THE BOX INC	COM	466367109	12,554	147,127	SH		SOLE		147,127	0	0
JOHN MARSHALL BANCORP INC	COM	47805L101	2,136	121,689	SH		SOLE		121,689	0	0
JAMES RIVER GROUP HOLDINGS	COM	G5005R107	1,774	50,000	SH		SOLE		50,000	0	0
KINGSTONE INC	COM	496719105	3,108	185,000	SH		SOLE		185,000	0	0
KLX INC	COM	482539103	39,120	550,525	SH		SOLE		550,525	0	0
KENNAMETAL INC	COM	489170100	29,278	729,022	SH		SOLE		729,022	0	0
KINSALE CAPITAL GROUP INC	COM	49714P108	2,442	47,570	SH		SOLE		47,570	0	0
KRATOS DEFENSE AND SECURITY	COM	50077B207	20,859	2,027,092	SH		SOLE		2,027,092	0	0
K2M GROUP HOLDINGS INC	COM	48273J107	17,936	946,515	SH		SOLE		946,515	0	0
LAKELAND BANCORP INC	COM	511637100	1,306	65,781	SH		SOLE		65,781	0	0
LEAF GROUP LTD	COM	52177G102	5,147	730,058	SH		SOLE		730,058	0	0
LUMENTUM HOLDINGS INC	COM	55024U109	11,001	172,432	SH		SOLE		172,432	0	0
LAKELAND FINL CORP	COM	511656100	2,155	46,615	SH		SOLE		46,615	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	26,509	953,556	SH		SOLE		953,556	0	0
MERCHANTS BANCORP IN	COM	58844R108	15,380	715,370	SH		SOLE		715,370	0	0
MERCANTILE BANK CORP	COM	587376104	2,922	87,881	SH		SOLE		87,881	0	0
MOELIS & CO	COM	60786M105	19,815	389,675	SH		SOLE		389,675	0	0
METROPOLITAN BANK HOLDING CO	COM	591774104	8,754	207,881	SH		SOLE		207,881	0	0
MECHANICS BANK RICHMOND CA	COM	583614102	1,632	53	SH		SOLE		53	0	0
THE MARCUS CORP	COM	566330106	7,648	251,986	SH		SOLE		251,986	0	0
MDC PARTNERS INC-A	COM	552697104	91	12,621	SH		SOLE		12,621	0	0
MITEL NETWORKS	COM	60671Q104	129	13,860	SH		SOLE		13,860	0	0
MKS INSTRUMENTS INC	COM	55306N104	12,584	108,810	SH		SOLE		108,810	0	0
MALVERN BANCORP INC	COM	561409103	6,942	267,003	SH		SOLE		267,003	0	0
MERIT MED SYS INC	COM	589889104	11,693	257,833	SH		SOLE		257,833	0	0
MONMOUTH REAL ESTATE INV	COM	609720107	11,673	776,103	SH		SOLE		776,103	0	0
MODEL N INC	COM	607525102	10,779	597,149	SH		SOLE		597,149	0	0
MONOLITHICPOWER SYSTEMS INC	COM	609839105	17,451	150,740	SH		SOLE		150,740	0	0
MERIDIAN BANK MALVERN PA	COM	58958P104	2,313	135,000	SH		SOLE		135,000	0	0
MERCURY SYSTEMS INC	COM	589378108	26,695	552,453	SH		SOLE		552,453	0	0
MARLIN BUSINESS SERVICES INC	COM	571157106	1,922	67,786	SH		SOLE		67,786	0	0
MIDLAND STATES BANCORP INC	COM	597742105	296	9,384	SH		SOLE		9,384	0	0
MICROSEMI CORP	COM	595137100	9,947	153,699	SH		SOLE		153,699	0	0
MICROSOFT CORP	COM	594918104	499	5,465	SH		SOLE		5,465	0	0
MERITAGE CORP	COM	59001A102	21,711	479,791	SH		SOLE		479,791	0	0
MERITOR INC	COM	59001K100	12,678	616,614	SH		SOLE		616,614	0	0
MANITOWOC COMPANY	COM	563571405	3,460	121,590	SH		SOLE		121,590	0	0
NICHOLET BANKSHARES INC	COM	65406E102	2,647	48,060	SH		SOLE		48,060	0	0
NATIONAL COMMERCE CORP	COM	63546L102	20,431	469,135	SH		SOLE		469,135	0	0
NEOGENOMICS INC	COM	64049M209	2,305	282,506	SH		SOLE		282,506	0	0
NMI HOLDINGS INC	COM	629209305	1,247	75,340	SH		SOLE		75,340	0	0
NEWMARK GROUP INC	COM	65158N102	7,119	468,633	SH		SOLE		468,633	0	0
BANK OF NT BUTTERFIELD AND SON LTD	COM	G0772R208	10,709	238,604	SH		SOLE		238,604	0	0
NUTRI SYS INC NEW	COM	67069D108	17,863	662,825	SH		SOLE		662,825	0	0
NV5 GLOBAL INC	COM	62945V109	10,473	187,853	SH		SOLE		187,853	0	0
OCEANFIRST FINANCIAL CORP	COM	675234108	19,976	746,760	SH		SOLE		746,760	0	0
OLD LINE BANCSHARES INC	COM	67984M100	6,719	203,594	SH		SOLE		203,594	0	0
OLLIES BARGAIN OUTLET HOLDINGS	COM	681116109	21,323	353,609	SH		SOLE		353,609	0	0
OPUS BANK	COM	684000102	22,502	803,649	SH		SOLE		803,649	0	0
OP BANCORP	COM	67109R109	2,137	171,634	SH		SOLE		171,634	0	0
OSI SYSTEMS INC	COM	671044105	5,750	88,096	SH		SOLE		88,096	0	0
ORASURE TECHNOLOGIES INC	COM	68554V108	9,251	547,743	SH		SOLE		547,743	0	0
BANK OF THE OZARKS INC	COM	063904106	10,292	213,208	SH		SOLE		213,208	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	21,445	315,135	SH		SOLE		315,135	0	0
PROFESSIONAL HOLDING CORP	COM	743139107	4,222	240,584	SH		SOLE		240,584	0	0
PROOFPOINT INC	COM	743424103	33,238	292,462	SH		SOLE		292,462	0	0
PHOTRONICS INC	COM	719405102	83	10,095	SH		SOLE		10,095	0	0
THE CHILDRENS PLACE INC	COM	168905107	11,648	86,120	SH		SOLE		86,120	0	0
PLANET FITNESS INC	COM	72703H101	23,544	623,362	SH		SOLE		623,362	0	0
PACIFIC MERCANTILE BANCORP	COM	694552100	5,723	599,284	SH		SOLE		599,284	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	45,270	1,126,129	SH		SOLE		1,126,129	0	0
PQ GROUP HOLDINGS INC	COM	73943T103	12,247	876,650	SH		SOLE		876,650	0	0
PURE STORAGE	COM	74624M102	14,305	717,030	SH		SOLE		717,030	0	0
PEOPLES UTAH BANCORP	COM	712706209	6,971	215,808	SH		SOLE		215,808	0	0
QCR HOLDINGS INC	COM	74727A104	4,182	93,253	SH		SOLE		93,253	0	0
Q2 HOLDINGS INC	COM	74736L109	17,505	384,309	SH		SOLE		384,309	0	0
RBB BANCORP	COM	74930B105	10,502	398,258	SH		SOLE		398,258	0	0
RING ENERGY INC	COM	76680V108	7,575	527,859	SH		SOLE		527,859	0	0
REIS INC	COM	75936P105	4,741	221,026	SH		SOLE		221,026	0	0
REATA PHARMACEUTICALS INC	COM	75615P103	9,663	471,114	SH		SOLE		471,114	0	0
REALPAGE INC	COM	75606N109	5,467	106,158	SH		SOLE		106,158	0	0
RED ROBIN GOURMET BURGERS INC	COM	75689M101	5,795	99,906	SH		SOLE		99,906	0	0
SAGE THERAPEUTICS INC	COM	78667J108	20,396	126,626	SH		SOLE		126,626	0	0
SUSSEX BANCORP	COM	869245100	5,556	182,747	SH		SOLE		182,747	0	0
STERLING BANCORP INC	COM	85917W102	10,470	775,000	SH		SOLE		775,000	0	0
SEACOAST COMMERCE BANK	COM	81171B108	5,170	254,684	SH		SOLE		254,684	0	0
SEAWORLD ENTERTAINMENT	COM	81282V100	10,042	677,154	SH		SOLE		677,154	0	0
SERVISFIRST BANCSHARES INC	COM	81768T108	10,455	256,130	SH		SOLE		256,130	0	0
SOUTHERN FIRST BANCSHARES	COM	842873101	3,161	71,032	SH		SOLE		71,032	0	0
SHENANDOAH TELECOMMUNICATION	COM	82312B106	7,114	197,613	SH		SOLE		197,613	0	0
MADDEN STEVEN LTD	COM	556269108	21,927	499,474	SH		SOLE		499,474	0	0
SVB FINL GROUP	COM	78486Q101	10,301	42,920	SH		SOLE		42,920	0	0
SMARTFINANCIAL INC	COM	83190L208	4,712	200,000	SH		SOLE		200,000	0	0
1ST SOURCE CORP	COM	336901103	5,062	100,000	SH		SOLE		100,000	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	24,208	326,742	SH		SOLE		326,742	0	0
STEWARDSHIP FINANCIAL CORPORATION	COM	860326107	3,300	300,000	SH		SOLE		300,000	0	0
SAVARA INC	COM	805111101	1,720	186,939	SH		SOLE		186,939	0	0
THE BANCORP INC	COM	05969A105	7,696	712,579	SH		SOLE		712,579	0	0
TRIUMPH BANCORP	COM	89679E300	10,535	255,706	SH		SOLE		255,706	0	0
TELADOC INC	COM	87918A105	19,878	493,258	SH		SOLE		493,258	0	0
TILLYS INC-CLASS A SHRS	COM	886885102	7,276	643,910	SH		SOLE		643,910	0	0
TRINET GROUP IN	COM	896288107	4,091	88,330	SH		SOLE		88,330	0	0
TUTOR PERINI CORPORATION	COM	901109108	20,756	941,337	SH		SOLE		941,337	0	0
LENDINGTREE INC	COM	52603B107	75,186	229,122	SH		SOLE		229,122	0	0
TREX INC	COM	89531P105	31,528	289,859	SH		SOLE		289,859	0	0
TABULA RASA HEALTHCARE INC	COM	873379101	9,411	242,543	SH		SOLE		242,543	0	0
TRISTATE CAPITAL HOLDINGS	COM	89678F100	8,351	359,184	SH		SOLE		359,184	0	0
TETRA TECH INC	COM	88162G103	18,088	369,513	SH		SOLE		369,513	0	0
UNION BANKSHARES CORPORATION	COM	90539J109	28,296	770,785	SH		SOLE		770,785	0	0
UNITY BANCORP INC	COM	913290102	3,713	168,750	SH		SOLE		168,750	0	0
USA TECHNOLOGIES INC	COM	90328S500	7,612	845,821	SH		SOLE		845,821	0	0
US CONCRETE INC	COM	90333L201	22,641	374,853	SH		SOLE		374,853	0	0
VERITEX HOLDINGS INC	COM	923451108	3,750	135,517	SH		SOLE		135,517	0	0
VONAGE HOLDINGS CORP	COM	92886T201	39,206	3,681,272	SH		SOLE		3,681,272	0	0
VARONIS SYSTEMS INC	COM	922280102	35,495	586,692	SH		SOLE		586,692	0	0
WESTERN ALLIANCE BANCORP	COM	957638109	5,092	87,626	SH		SOLE		87,626	0	0
WALKER & DUNLOP INC	COM	93148P102	2,971	50,000	SH		SOLE		50,000	0	0
WEX INC	COM	96208T104	1,399	8,930	SH		SOLE		8,930	0	0
WORLDPAY INC	COM	981558109	5,667	68,910	SH		SOLE		68,910	0	0
WSFS FINANCIAL CORPORATION	COM	929328102	8,124	169,608	SH		SOLE		169,608	0	0
WEST TOWN BANK & TRUST	COM	956308100	3,023	109,942	SH		SOLE		109,942	0	0
EXTRACTION OIL & GAS	COM	30227M105	14,965	1,305,833	SH		SOLE		1,305,833	0	0
ZILLOW GROUP INC	COM	98954M101	1,343	24,870	SH		SOLE		24,870	0	0
ZOES KITCHEN INC	COM	98979J109	6,236	431,862	SH		SOLE		431,862	0	0
ZSCALER INC	COM	98980G102	1,404	50,000	SH		SOLE		50,000	0	0