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
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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	475	2,565	SH		SOLE		2,565	0	0
ATLAS AIR WORLDWIDE HOLDING	COM	049164205	19,803	276,192	SH		SOLE		276,192	0	0
AMERIS BANCORP	COM	03076K108	11,003	206,237	SH		SOLE		206,237	0	0
ACADIA HEALTHCAREPANY INC	COM	00404A109	236	5,764	SH		SOLE		5,764	0	0
ADAMAS PHARMACEUTICALS INC	COM	00548A106	14,216	550,354	SH		SOLE		550,354	0	0
AMERICAN EAGLE OUTFITTERS INC.	COM	02553E106	26,824	1,153,702	SH		SOLE		1,153,702	0	0
PLAYAGS INC	COM	72814N104	20,953	774,028	SH		SOLE		774,028	0	0
AIMMUNE THERAPEUTICS INC	COM	00900T107	10,678	397,082	SH		SOLE		397,082	0	0
AK STEEL HOLDING CORP	COM	001547108	58	13,400	SH		SOLE		13,400	0	0
ALDER BIOPHARMACEUITICALS INC	COM	014339105	18,705	1,183,835	SH		SOLE		1,183,835	0	0
ALARM.COM HOLDINGS INC	COM	011642105	15,841	392,300	SH		SOLE		392,300	0	0
AMERICAN BUSINESS BK LA CALI	COM	02475L105	2,352	59,178	SH		SOLE		59,178	0	0
AMAZON.COM, INC	COM	023135106	598	352	SH		SOLE		352	0	0
EVOQUA WATER TECHNOLOGIES INC	COM	30057T105	4,764	232,414	SH		SOLE		232,414	0	0
AMERICAN RIVIERA BANK	COM	02932A106	3,230	169,900	SH		SOLE		169,900	0	0
ARENA PHARMACEUTICALS INC	COM	040047607	17,498	401,330	SH		SOLE		401,330	0	0
ASSEMBLY BIOSCIENCES INC	COM	045396108	7,964	203,101	SH		SOLE		203,101	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	11,711	466,201	SH		SOLE		466,201	0	0
ATRICURE INC	COM	04963C209	11,575	427,922	SH		SOLE		427,922	0	0
AIR TRANSPORT SERVICES GROUP	COM	00922R105	13,668	605,064	SH		SOLE		605,064	0	0
AVROBIO INC	COM	05455M100	6,026	210,982	SH		SOLE		210,982	0	0
BAYCOM CORP	COM	07272M107	6,101	246,501	SH		SOLE		246,501	0	0
BLUCORA INC	COM	095229100	1,571	42,460	SH		SOLE		42,460	0	0
BUSINESS FIRST BANCSHARES INC	COM	12326C105	5,914	224,440	SH		SOLE		224,440	0	0
BIOHAVEN PHARMACEUTICAL HOLDINGS	COM	G11196105	13,666	345,790	SH		SOLE		345,790	0	0
BLUE BIRD CORP	COM	095306106	1,169	52,286	SH		SOLE		52,286	0	0
TOPBUILD CORP	COM	89055F103	15,188	193,873	SH		SOLE		193,873	0	0
BANK OF COMMERCE HOLDINGS	COM	06424J103	5,413	424,577	SH		SOLE		424,577	0	0
BOFI HLDG INC	COM	05566U108	26,909	657,762	SH		SOLE		657,762	0	0
BOX INC	COM	10316T104	22,117	885,029	SH		SOLE		885,029	0	0
BRIDGEWATER BANCSHARES INC	COM	108621103	9,195	722,896	SH		SOLE		722,896	0	0
BYLINE BANCORP INC	COM	124411109	10,228	457,815	SH		SOLE		457,815	0	0
CADENCE BANCORP	COM	12739A100	52,396	1,814,894	SH		SOLE		1,814,894	0	0
CAROLINA FINANCIAL CORP	COM	143873107	6,233	145,214	SH		SOLE		145,214	0	0
CAROLINA TRUST BANCSHARES INC	COM	14422P105	2,835	344,000	SH		SOLE		344,000	0	0
META FINANCIAL GROUP, INC	COM	59100U108	10,119	103,888	SH		SOLE		103,888	0	0
CBTX INC	COM	12481V104	11,857	358,750	SH		SOLE		358,750	0	0
CNB FINL CORP PA	COM	126128107	5,818	193,546	SH		SOLE		193,546	0	0
COGENT COMMUNICATIONS HOLDINGS	COM	19239V302	14,343	268,601	SH		SOLE		268,601	0	0
CARDLYTICS INC	COM	14161W105	2,983	137,093	SH		SOLE		137,093	0	0
CONFORMIS INC	COM	20717E101	1,000	800,000	SH		SOLE		800,000	0	0
CHEGG INC	COM	163092109	61,952	2,229,279	SH		SOLE		2,229,279	0	0
CHUY'S HOLDINGS INC	COM	171604101	10,345	336,986	SH		SOLE		336,986	0	0
CIENA CORP	COM	171779309	29,401	1,109,068	SH		SOLE		1,109,068	0	0
CIVISTA BANCSHARES INC	COM	178867107	2,880	118,810	SH		SOLE		118,810	0	0
CLOUDERA INC	COM	18914U100	10,296	754,835	SH		SOLE		754,835	0	0
CLEVELAND-CLIFFS INC	COM	185899101	9,169	1,087,692	SH		SOLE		1,087,692	0	0
CLOVIS ONCOLOGY INC	COM	189464100	13,263	291,689	SH		SOLE		291,689	0	0
CALLON PETROLEUM CO	COM	13123X102	16,693	1,554,304	SH		SOLE		1,554,304	0	0
CARPENTER TECHNOLOGY CORP	COM	144285103	24,731	470,438	SH		SOLE		470,438	0	0
CENTERSTATE BANKS CORP	COM	15201P109	8,148	273,224	SH		SOLE		273,224	0	0
CATALENT INC	COM	148806102	18,271	436,171	SH		SOLE		436,171	0	0
CURO GROUP HOLD	COM	23131L107	4,430	177,554	SH		SOLE		177,554	0	0
DECIPHERA PHARMACEUTICALS INC	COM	24344T101	20,154	512,180	SH		SOLE		512,180	0	0
DELEK US HLDGS INC	COM	24665A103	12,112	241,417	SH		SOLE		241,417	0	0
DICERNA PHARMACEUTICALS INC	COM	253031108	6,454	526,859	SH		SOLE		526,859	0	0
DASEKE INC	COM	23753F107	10,787	1,086,352	SH		SOLE		1,086,352	0	0
DYCOM INDUSTRIES INC	COM	267475101	21,914	231,871	SH		SOLE		231,871	0	0
ELOXX PHARMACEUTICALS INC	COM	29014R103	3,414	200,000	SH		SOLE		200,000	0	0
ENPHASE ENERGY, INC	COM	29355A107	2,356	350,000	SH		SOLE		350,000	0	0
EPAM SYSTEMS INC	COM	29414B104	37,724	303,416	SH		SOLE		303,416	0	0
EQUITY BANCSHARES INC	COM	29460X109	9,490	228,773	SH		SOLE		228,773	0	0
ESQUIRE FINANCIAL HOLDINGS	COM	29667J101	8,757	331,830	SH		SOLE		331,830	0	0
ENTERCOMMUNICATIONS CORP	COM	293639100	7,310	968,165	SH		SOLE		968,165	0	0
EVO PAYMENTS INC CLASS A	COM	26927E104	4,153	201,784	SH		SOLE		201,784	0	0
FACEBOOK INC	COM	30303M102	365	1,878	SH		SOLE		1,878	0	0
FIRST BANCSHARES INC	COM	318916103	4,096	113,927	SH		SOLE		113,927	0	0
FCB FINANCIAL HOLDINGS INC	COM	30255G103	59,427	1,010,670	SH		SOLE		1,010,670	0	0
FIRST CHOICE BANCORP	COM	31948P104	8,740	286,000	SH		SOLE		286,000	0	0
FREEDOM BANK OF VIRGINIA	COM	35633M102	3,130	258,714	SH		SOLE		258,714	0	0
FIRST FOUNDATION INC	COM	32026V104	17,410	939,059	SH		SOLE		939,059	0	0
FIBROGEN INC	COM	31572Q808	20,002	319,523	SH		SOLE		319,523	0	0
FIVE BELOW	COM	33829M101	36,049	368,935	SH		SOLE		368,935	0	0
NATIONAL BEVERAGE CORP	COM	635017106	5,657	52,918	SH		SOLE		52,918	0	0
FIRST MID ILLINOIS BNCSHS	COM	320866106	4,191	106,651	SH		SOLE		106,651	0	0
FARMERS AND MERCHANTS BANK OF LONG BEACH	COM	308243104	1,754	215	SH		SOLE		215	0	0
AMICUS THERAPEUTICS INC	COM	03152W109	7,731	494,917	SH		SOLE		494,917	0	0
KEANE GROUP INC	COM	48669A108	13,271	970,812	SH		SOLE		970,812	0	0
FIRST BANK	COM	31931U102	8,187	588,963	SH		SOLE		588,963	0	0
1ST MERCHANTS	COM	320817109	1,959	42,222	SH		SOLE		42,222	0	0
FRESHPET INC	COM	358039105	20,292	739,235	SH		SOLE		739,235	0	0
FIRST RESOURCE BANK	COM	336177100	1,443	125,475	SH		SOLE		125,475	0	0
FS BANCORP INC	COM	30263Y104	2,966	46,892	SH		SOLE		46,892	0	0
FORESCOUT TECHNOLOGIES INC	COM	34553D101	18,545	541,296	SH		SOLE		541,296	0	0
FUSION CONNECT INC	COM	36116X102	2,101	533,334	SH		SOLE		533,334	0	0
FVCBANKCORP INC	COM	36120Q101	1,597	92,837	SH		SOLE		92,837	0	0
GREEN DOT CORP	COM	39304D102	2,882	39,270	SH		SOLE		39,270	0	0
GOLD COAST BANCORP INC	COM	380569103	2,242	169,868	SH		SOLE		169,868	0	0
GUARANTY BANCSHARES INC	COM	400764106	6,588	200,000	SH		SOLE		200,000	0	0
ALPHABET INC CLA A	COM	02079K305	324	287	SH		SOLE		287	0	0
GOOSEHEAD INSURANCE INC	COM	38267D109	5,297	212,221	SH		SOLE		212,221	0	0
GSV CAP CORP	COM	36191J101	886	129,089	SH		SOLE		129,089	0	0
G1 THERAPEUTICS INC	COM	3621LQ109	15,300	352,053	SH		SOLE		352,053	0	0
GTT COMMUNICATIONS INC	COM	362393100	24,405	542,333	SH		SOLE		542,333	0	0
GOLDFIELD CORP	COM	381370105	89	20,933	SH		SOLE		20,933	0	0
H&E EQUIPMENT SERVICES INC	COM	404030108	20,720	550,917	SH		SOLE		550,917	0	0
HERITAGE FINL CORP WASH	COM	42722X106	8,021	230,146	SH		SOLE		230,146	0	0
HERITAGE COMMERCE CORP	COM	426927109	2,356	138,670	SH		SOLE		138,670	0	0
INSTALLED BUILDING PRODUCTS	COM	45780R101	10,573	186,970	SH		SOLE		186,970	0	0
INNOVATIVE INDUSTRIAL PROPER	COM	45781V101	4,333	118,310	SH		SOLE		118,310	0	0
II-VI INC	COM	902104108	16,621	382,540	SH		SOLE		382,540	0	0
INDUSTRIAL LOGISTICS PROPERTIES	COM	456237106	11,921	533,395	SH		SOLE		533,395	0	0
IMPERVA INC	COM	45321L100	18,138	375,919	SH		SOLE		375,919	0	0
INTERNAP CORP	COM	45885A409	5,157	494,928	SH		SOLE		494,928	0	0
FIRST INTERNET BANCORP	COM	320557101	9,446	277,000	SH		SOLE		277,000	0	0
INSMED INC	COM	457669307	14,902	630,115	SH		SOLE		630,115	0	0
INSTRUCTURE INC	COM	45781U103	14,400	338,434	SH		SOLE		338,434	0	0
INNOSPEC INC	COM	45768S105	9,985	130,434	SH		SOLE		130,434	0	0
INVESTAR HOLDIN	COM	46134L105	7,126	257,712	SH		SOLE		257,712	0	0
INTEGER HOLDINGS CORP	COM	45826H109	13,240	204,801	SH		SOLE		204,801	0	0
JACK IN THE BOX INC	COM	466367109	9,875	116,007	SH		SOLE		116,007	0	0
JOHN MARSHALL BANCORP INC	COM	47805L101	2,269	121,689	SH		SOLE		121,689	0	0
JAMES RIVER GROUP HOLDINGS	COM	G5005R107	1,965	50,000	SH		SOLE		50,000	0	0
KINGSTONE INC	COM	496719105	3,127	185,000	SH		SOLE		185,000	0	0
KENNAMETAL INC	COM	489170100	22,013	613,162	SH		SOLE		613,162	0	0
KINSALE CAPITAL GROUP INC	COM	49714P108	2,335	42,570	SH		SOLE		42,570	0	0
KARYOPHARM THERAPEUTICS INC	COM	48576U106	8,116	477,691	SH		SOLE		477,691	0	0
KRATOS DEFENSE AND SECURITY	COM	50077B207	23,332	2,027,092	SH		SOLE		2,027,092	0	0
K2M GROUP HOLDINGS INC	COM	48273J107	21,297	946,515	SH		SOLE		946,515	0	0
LAKELAND BANCORP INC	COM	511637100	1,306	65,781	SH		SOLE		65,781	0	0
LEVEL ONE BANCORP INC	COM	52730D208	5,359	197,180	SH		SOLE		197,180	0	0
LEAF GROUP LTD	COM	52177G102	7,921	730,058	SH		SOLE		730,058	0	0
LUMENTUM HOLDINGS INC	COM	55024U109	9,107	157,292	SH		SOLE		157,292	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	29,226	953,556	SH		SOLE		953,556	0	0
LOXO ONCOLOGY INC	COM	548862101	14,206	81,890	SH		SOLE		81,890	0	0
MERCHANTS BANCORP IN	COM	58844R108	17,254	604,768	SH		SOLE		604,768	0	0
MOELIS & CO	COM	60786M105	22,555	384,575	SH		SOLE		384,575	0	0
METROPOLITAN BANK HOLDING CO	COM	591774104	10,910	207,881	SH		SOLE		207,881	0	0
MECHANICS BANK RICHMOND CA	COM	583614102	1,723	53	SH		SOLE		53	0	0
THE MARCUS CORP	COM	566330106	8,190	251,986	SH		SOLE		251,986	0	0
MALVERN BANCORP INC	COM	561409103	6,502	267,003	SH		SOLE		267,003	0	0
MERIT MED SYS INC	COM	589889104	14,866	290,343	SH		SOLE		290,343	0	0
MONMOUTH REAL ESTATE INV	COM	609720107	14,972	905,745	SH		SOLE		905,745	0	0
MODEL N INC	COM	607525102	11,107	597,149	SH		SOLE		597,149	0	0
MONOLITHICPOWER SYSTEMS INC	COM	609839105	20,792	155,550	SH		SOLE		155,550	0	0
MERCURY SYSTEMS INC	COM	589378108	18,476	485,453	SH		SOLE		485,453	0	0
MARLIN BUSINESS SERVICES INC	COM	571157106	2,881	96,527	SH		SOLE		96,527	0	0
MICROSOFT CORP	COM	594918104	539	5,465	SH		SOLE		5,465	0	0
MERITAGE CORP	COM	59001A102	21,134	480,861	SH		SOLE		480,861	0	0
MERITOR INC	COM	59001K100	14,996	729,017	SH		SOLE		729,017	0	0
NICHOLET BANKSHARES INC	COM	65406E102	2,649	48,060	SH		SOLE		48,060	0	0
NATIONAL COMMERCE CORP	COM	63546L102	21,721	469,135	SH		SOLE		469,135	0	0
NEOGENOMICS INC	COM	64049M209	5,818	443,806	SH		SOLE		443,806	0	0
NMI HOLDINGS INC	COM	629209305	5,889	361,308	SH		SOLE		361,308	0	0
NEWMARK GROUP INC	COM	65158N102	6,234	438,107	SH		SOLE		438,107	0	0
BANK OF NT BUTTERFIELD AND SON LTD	COM	G0772R208	10,909	238,604	SH		SOLE		238,604	0	0
NUTRI SYS INC NEW	COM	67069D108	25,519	662,825	SH		SOLE		662,825	0	0
NV5 GLOBAL INC	COM	62945V109	14,991	216,326	SH		SOLE		216,326	0	0
ORIGIN BANCORP INC	COM	68621T102	6,170	150,710	SH		SOLE		150,710	0	0
OCEANFIRST FINANCIAL CORP	COM	675234108	20,009	667,844	SH		SOLE		667,844	0	0
OLD LINE BANCSHARES INC	COM	67984M100	7,107	203,594	SH		SOLE		203,594	0	0
OLLIE'S BARGAIN OUTLET HOLDINGS	COM	681116109	24,223	334,109	SH		SOLE		334,109	0	0
OPUS BANK	COM	684000102	23,093	804,649	SH		SOLE		804,649	0	0
OP BANCORP	COM	67109R109	2,536	199,383	SH		SOLE		199,383	0	0
OSI SYSTEMS INC	COM	671044105	240	3,109	SH		SOLE		3,109	0	0
ORASURE TECHNOLOGIES INC	COM	68554V108	13,775	836,396	SH		SOLE		836,396	0	0
PUMA BIOTECHNOLOGY INC	COM	74587V107	18,634	315,024	SH		SOLE		315,024	0	0
PROFESSIONAL HOLDING CORP	COM	743139107	4,331	240,584	SH		SOLE		240,584	0	0
PROOFPOINT INC	COM	743424103	33,724	292,462	SH		SOLE		292,462	0	0
PHOTRONICS INC	COM	719405102	100	12,540	SH		SOLE		12,540	0	0
THE CHILDREN'S PLACE INC	COM	168905107	21,600	178,809	SH		SOLE		178,809	0	0
PLANET FITNESS INC	COM	72703H101	27,391	623,362	SH		SOLE		623,362	0	0
PACIFIC MERCANTILE BANCORP	COM	694552100	5,843	599,284	SH		SOLE		599,284	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	42,962	1,126,129	SH		SOLE		1,126,129	0	0
PQ GROUP HOLDINGS INC	COM	73943T103	16,438	913,211	SH		SOLE		913,211	0	0
PLURALSIGHT INC	COM	72941B106	9,544	390,366	SH		SOLE		390,366	0	0
PURE STORAGE	COM	74624M102	15,285	640,080	SH		SOLE		640,080	0	0
PEOPLE'S UTAH BANCORP	COM	712706209	7,704	215,808	SH		SOLE		215,808	0	0
PIXELWORKS INC	COM	72581M305	47	13,087	SH		SOLE		13,087	0	0
QCR HOLDINGS INC	COM	74727A104	4,425	93,253	SH		SOLE		93,253	0	0
Q2 HOLDINGS INC	COM	74736L109	21,925	384,309	SH		SOLE		384,309	0	0
RBB BANCORP	COM	74930B105	12,792	398,258	SH		SOLE		398,258	0	0
RING ENERGY INC	COM	76680V108	6,626	525,000	SH		SOLE		525,000	0	0
REIS INC	COM	75936P105	4,818	221,026	SH		SOLE		221,026	0	0
REATA PHARMACEUTICALS INC	COM	75615P103	17,021	486,741	SH		SOLE		486,741	0	0
REALPAGE INC	COM	75606N109	5,849	106,158	SH		SOLE		106,158	0	0
RAPID7 INC	COM	753422104	15,328	543,165	SH		SOLE		543,165	0	0
RED ROBIN GOURMET BURGERS INC	COM	75689M101	5,859	125,719	SH		SOLE		125,719	0	0
SAILPOINT TECHNOLOGIES HOLDINGS	COM	78781P105	4,793	195,330	SH		SOLE		195,330	0	0
SB ONE BANCORP	COM	78413T103	5,428	182,747	SH		SOLE		182,747	0	0
STERLING BANCORP INC	COM	85917W102	10,354	775,000	SH		SOLE		775,000	0	0
SEACOAST COMMERCE BANK	COM	81171B108	5,157	254,684	SH		SOLE		254,684	0	0
SEAWORLD ENTERTAINMENT	COM	81282V100	17,704	811,364	SH		SOLE		811,364	0	0
SENSEONICS HOLDINGS INC	COM	81727U105	1,531	372,420	SH		SOLE		372,420	0	0
SERVISFIRST BANCSHARES INC	COM	81768T108	10,271	246,130	SH		SOLE		246,130	0	0
SOUTHERN FIRST BANCSHARES	COM	842873101	3,140	71,032	SH		SOLE		71,032	0	0
SHENANDOAH TELECOMMUNICATION	COM	82312B106	6,462	197,613	SH		SOLE		197,613	0	0
MADDEN STEVEN LTD	COM	556269108	26,522	499,474	SH		SOLE		499,474	0	0
SIENTRA INC	COM	82621J105	1,424	73,000	SH		SOLE		73,000	0	0
SVB FINL GROUP	COM	78486Q101	12,394	42,920	SH		SOLE		42,920	0	0
SMARTFINANCIAL INC	COM	83190L208	5,152	200,000	SH		SOLE		200,000	0	0
SIMPLY GOOD FOODS CO	COM	82900L102	11,101	768,767	SH		SOLE		768,767	0	0
1ST SOURCE CORP	COM	336901103	5,343	100,000	SH		SOLE		100,000	0	0
SAREPTA THERAPEUTICS INC	COM	803607100	32,250	243,985	SH		SOLE		243,985	0	0
STEWARDSHIP FINANCIAL CORPORATION	COM	860326107	3,495	300,000	SH		SOLE		300,000	0	0
NEURONETICS INC	COM	64131A105	1,570	59,000	SH		SOLE		59,000	0	0
SPIRIT OF TEXAS BANCSHARES	COM	84861D103	5,399	262,100	SH		SOLE		262,100	0	0
SAVARA INC	COM	805111101	2,116	186,939	SH		SOLE		186,939	0	0
DEL TACO RESTAURANTS INC	COM	245496104	2,848	200,862	SH		SOLE		200,862	0	0
THE BANCORP INC	COM	05969A105	8,755	836,952	SH		SOLE		836,952	0	0
TRIUMPH BANCORP	COM	89679E300	28,547	700,550	SH		SOLE		700,550	0	0
TELADOC INC	COM	87918A105	29,280	504,388	SH		SOLE		504,388	0	0
TILLY'S INC-CLASS A SHRS	COM	886885102	9,755	643,910	SH		SOLE		643,910	0	0
TANDEM DIABETES CARE INC	COM	875372203	15,536	705,558	SH		SOLE		705,558	0	0
TRINET GROUP IN	COM	896288107	14,550	260,101	SH		SOLE		260,101	0	0
TUTOR PERINI CORPORATION	COM	901109108	12,946	701,662	SH		SOLE		701,662	0	0
LENDINGTREE INC	COM	52603B107	34,272	160,301	SH		SOLE		160,301	0	0
TREX INC	COM	89531P105	36,285	579,718	SH		SOLE		579,718	0	0
TABULA RASA HEALTHCARE INC	COM	873379101	15,482	242,543	SH		SOLE		242,543	0	0
TRISTATE CAPITAL HOLDINGS	COM	89678F100	13,942	534,184	SH		SOLE		534,184	0	0
TETRA TECH INC	COM	88162G103	21,617	369,513	SH		SOLE		369,513	0	0
T2 BIOSYSTEMS INC	COM	89853L104	2,709	350,000	SH		SOLE		350,000	0	0
UNION BANKSHARES CORPORATION	COM	90539J109	30,322	779,875	SH		SOLE		779,875	0	0
UNITY BANCORP INC	COM	913290102	3,839	168,750	SH		SOLE		168,750	0	0
USA TECHNOLOGIES INC	COM	90328S500	14,578	1,041,256	SH		SOLE		1,041,256	0	0
US CONCRETE INC	COM	90333L201	14,750	280,949	SH		SOLE		280,949	0	0
US XPRESS ENTERPRISES INC	COM	90338N202	14,347	947,643	SH		SOLE		947,643	0	0
VERITEX HOLDINGS INC	COM	923451108	4,211	135,517	SH		SOLE		135,517	0	0
VERICEL CORP	COM	92346J108	3,880	400,000	SH		SOLE		400,000	0	0
VOCERAMUNICATIONS INC	COM	92857F107	9,491	317,527	SH		SOLE		317,527	0	0
VONAGE HOLDINGS CORP	COM	92886T201	47,452	3,681,272	SH		SOLE		3,681,272	0	0
VARONIS SYSTEMS INC	COM	922280102	45,105	605,440	SH		SOLE		605,440	0	0
WEX INC	COM	96208T104	1,701	8,930	SH		SOLE		8,930	0	0
BOINGO WIRELESS INC	COM	09739C102	8,905	394,200	SH		SOLE		394,200	0	0
WORLDPAY INC	COM	981558109	5,635	68,910	SH		SOLE		68,910	0	0
WSFS FINANCIAL CORPORATION	COM	929328102	9,040	169,608	SH		SOLE		169,608	0	0
WEST TOWN BANK & TRUST	COM	956308100	3,150	109,942	SH		SOLE		109,942	0	0
EXTRACTION OIL & GAS	COM	30227M105	19,183	1,305,833	SH		SOLE		1,305,833	0	0
ZILLOW GROUP INC	COM	98954M101	3,048	51,020	SH		SOLE		51,020	0	0
ZSCALER INC	COM	98980G102	2,862	80,060	SH		SOLE		80,060	0	0
ZUORA INC	COM	98983V106	2,265	83,290	SH		SOLE		83,290	0	0