Emerald Advisers, LLC
Net seller this quarter
$4.25B
237
-$110M
17.4%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 TVTX | $90.9M | 2.14% | 1.70% | +2.8% | Q2 2023 |
 CDNL | $79.9M | 1.88% | Not reported | +46.6% | Q4 2025 |
 MRCY | $78.1M | 1.84% | 1.06% | +7.3% | Q2 2016 |
 AIR | $74.6M | 1.76% | 1.31% | +17.1% | Q2 2023 |
 VSEC | $73.8M | 1.74% | 1.15% | +2.7% | Q1 2025 |
 KLIC | $73.8M | 1.74% | 1.05% | -3.1% | Q4 2019 |
 AGX | $71.3M | 1.68% | 0.64% | -6.3% | Q3 2025 |
 CECO | $66.9M | 1.57% | 1.26% | +40.9% | Q3 2025 |
 CORT | $65.1M | 1.53% | 0.70% | +264.1% | Q1 2025 |
 LIVN | $64.7M | 1.52% | 1.43% | +17.4% | Q4 2016 |
 SMTC | $63.6M | 1.50% | 0.42% | -14.0% | Q3 2018 |
 IDCC | $63.3M | 1.49% | 0.87% | +114.8% | Q1 2024 |
 ESE | $62.9M | 1.48% | 0.69% | +10.5% | Q2 2025 |
 ACLS | $62.6M | 1.47% | 1.07% | +243.4% | Q1 2026 |
 PDFS | $62.6M | 1.47% | 2.11% | +2.7% | Q3 2013 |
 PLXS | $62.5M | 1.47% | 0.78% | +24.7% | Q1 2026 |
 COHU | $62.4M | 1.47% | 1.68% | +8.1% | Q4 2020 |
 COGT | $62M | 1.46% | 0.93% | +1.0% | Q2 2025 |
 ALGT | $55.9M | 1.32% | 2.58% | +40.6% | Q2 2022 |
 LGN | $55.7M | 1.31% | Not reported | New | Q2 2026 |
 MIRM | $54.8M | 1.29% | 0.72% | +17.9% | Q2 2025 |
 GH | $54.6M | 1.29% | 0.27% | -56.8% | Q4 2018 |
 MOD | $54.1M | 1.27% | 0.38% | -46.4% | Q2 2024 |
 AX | $52.2M | 1.23% | 0.95% | +8.1% | Q4 2019 |
 SEI | $51.5M | 1.21% | Not reported | +7.7% | Q4 2019 |
 LASR | $51.3M | 1.21% | 1.28% | -1.3% | Q2 2025 |
 SYRE | $50.4M | 1.19% | 0.64% | -7.5% | Q3 2024 |
 UMBF | $49.4M | 1.16% | 0.46% | +29.3% | Q3 2024 |
 BOOT | $49.3M | 1.16% | 0.99% | +44.1% | Q4 2024 |
 RSI | $48.8M | 1.15% | 0.80% | +4.2% | Q4 2024 |
 SXT | $48.7M | 1.15% | 0.93% | New | Q2 2026 |
 BLLN | $45.1M | 1.06% | 3.36% | +56.9% | Q4 2025 |
 AGYS | $44.7M | 1.05% | 1.52% | +32.3% | Q2 2014 |
 ATRO | $41.8M | 0.98% | 1.27% | -8.7% | Q4 2013 |
 TTMI | $41.4M | 0.98% | 0.21% | -70.5% | Q3 2024 |
 COMP | $40.6M | 0.96% | 0.44% | +24.0% | Q3 2025 |
 FRPT | $39.8M | 0.94% | 1.39% | +40.2% | Q3 2015 |
 LTH | $39.7M | 0.93% | 0.44% | +48.0% | Q1 2025 |
 FA | $39.5M | 0.93% | 1.28% | +90.7% | Q2 2021 |
 TEX | $39.5M | 0.93% | 0.48% | New | Q2 2026 |
 CYTK | $39M | 0.92% | 0.37% | +130.4% | Q2 2022 |
 IPGP | $38.3M | 0.90% | 0.77% | +7.1% | Q2 2013 |
 EYE | $38.1M | 0.90% | 2.50% | +33.5% | Q1 2020 |
 DIOD | $37.8M | 0.89% | 0.75% | +90.8% | Q3 2020 |
 HRI | $37.4M | 0.88% | 0.78% | Not reported | Q4 2021 |
 SYNA | $37.1M | 0.87% | 0.76% | -9.5% | Q3 2014 |
 MXL | $35.9M | 0.84% | 0.31% | Not reported | Q1 2017 |
 MANE | $35.5M | 0.83% | 0.69% | +117.6% | Q1 2026 |
 VRNS | $35.3M | 0.83% | 0.73% | -3.2% | Q3 2016 |
 PVLA | $35.1M | 0.83% | 1.59% | +42.1% | Q1 2026 |
| Q1 2026 | |||||
| MOD | $81.9M | 2.59% | 0.72% | -3.0% | Q2 2024 |
| GH | $77.8M | 2.46% | 0.64% | -2.3% | Q4 2018 |
 BE | $73.4M | 2.32% | 0.19% | -3.1% | Q3 2024 |
| TTMI | $73.1M | 2.31% | 0.72% | -18.0% | Q3 2024 |
| COGT | $61.1M | 1.93% | 0.93% | +0.3% | Q2 2025 |
 KTOS | $58.9M | 1.87% | 0.45% | -4.5% | Q4 2016 |
| VSEC | $58M | 1.84% | 1.12% | +12.6% | Q1 2025 |
 FN | $56.1M | 1.77% | 0.30% | -1.6% | Q1 2023 |
| AGX | $51.9M | 1.64% | 0.68% | -2.9% | Q3 2025 |
| AIR | $48.8M | 1.54% | 1.12% | +6.3% | Q2 2023 |
 CRDO | $46.8M | 1.48% | 0.27% | +0.5% | Q2 2022 |
| TVTX | $46.3M | 1.46% | 1.69% | -2.3% | Q2 2023 |
| ESE | $45.8M | 1.45% | 0.63% | -2.4% | Q2 2025 |
| MRCY | $43.4M | 1.37% | 1.00% | +12.1% | Q2 2016 |
| LIVN | $42.6M | 1.35% | 1.22% | -4.4% | Q4 2016 |
| LASR | $42.6M | 1.35% | 1.32% | -4.5% | Q2 2025 |
 RMBS | $42.4M | 1.34% | 0.46% | -21.3% | Q1 2023 |
| AX | $42.2M | 1.34% | 0.87% | -4.8% | Q4 2019 |
| EYE | $38.9M | 1.23% | 1.89% | -4.0% | Q1 2020 |
 BBIO | $38.3M | 1.21% | 0.26% | -3.8% | Q2 2023 |
| KLIC | $37.4M | 1.18% | 1.09% | +5.5% | Q4 2019 |
 AAOI | $36.7M | 1.16% | 0.55% | -35.3% | Q3 2013 |
| MIRM | $36.7M | 1.16% | 0.65% | +8.2% | Q2 2025 |
 PLMR | $35.7M | 1.13% | 1.13% | -1.2% | Q3 2019 |
| SMTC | $35.1M | 1.11% | 0.49% | -2.9% | Q3 2018 |
| IPGP | $34.9M | 1.11% | 0.72% | +49.4% | Q2 2013 |
| RSI | $34.2M | 1.08% | 0.77% | -2.0% | Q4 2024 |
 TMDX | $34.1M | 1.08% | 0.99% | -2.4% | Q2 2019 |
| PLXS | $33.7M | 1.07% | 0.62% | New | Q1 2026 |
| SEI | $33.6M | 1.06% | Not reported | -5.1% | Q4 2019 |
 AVAV | $32.9M | 1.04% | 0.36% | -15.0% | Q4 2022 |
 STRL | $32.5M | 1.03% | 0.26% | -2.7% | Q2 2025 |
 IMAX | $32.3M | 1.02% | 1.55% | -0.6% | Q4 2013 |
| OLLI | $31.9M | 1.01% | 0.57% | +16.3% | Q3 2015 |
| IDCC | $31.4M | 0.99% | 0.40% | +86.3% | Q1 2024 |
 MC | $31.2M | 0.99% | Not reported | -11.0% | Q2 2014 |
| CECO | $31.2M | 0.99% | 1.46% | +14.1% | Q3 2025 |
| SYRE | $30.9M | 0.98% | 0.78% | -3.6% | Q3 2024 |
| BOOT | $30.5M | 0.97% | 0.69% | +14.7% | Q4 2024 |
| UMBF | $30.2M | 0.95% | 0.35% | -2.9% | Q3 2024 |
| ATRO | $30M | 0.95% | 1.39% | +85.0% | Q4 2013 |
 SPXC | $29.4M | 0.93% | 0.29% | -3.6% | Q2 2024 |
 ARLO | $28.7M | 0.91% | 1.86% | -2.0% | Q2 2024 |
 NKTR | $28.4M | 0.90% | 1.94% | +2.7% | Q3 2025 |
| FRPT | $28.3M | 0.90% | 0.98% | +15.2% | Q3 2015 |
| PDFS | $28.2M | 0.89% | 2.16% | -8.8% | Q3 2013 |
 PIPR | $27.6M | 0.87% | 0.53% | New | Q1 2026 |
 SKWD | $27.4M | 0.87% | 1.41% | -4.5% | Q1 2023 |
| ALGT | $27.4M | 0.87% | 1.83% | -3.4% | Q2 2022 |
 TBBK | $26.4M | 0.84% | 1.17% | -17.4% | Q4 2019 |
| Q4 2025 | |||||
| GH | $88M | 2.71% | 0.66% | -1.3% | Q4 2018 |
| CRDO | $71.4M | 2.20% | 0.27% | -16.9% | Q2 2022 |
| KTOS | $66.4M | 2.05% | 0.52% | -9.7% | Q4 2016 |
| TTMI | $63.1M | 1.95% | 0.89% | -9.2% | Q3 2024 |
| TVTX | $60.9M | 1.88% | 1.75% | -25.7% | Q2 2023 |
| RMBS | $57.6M | 1.78% | 0.58% | -1.7% | Q1 2023 |
| COGT | $56.2M | 1.73% | 0.98% | +0.2% | Q2 2025 |
 LITE | $54.5M | 1.68% | 0.21% | -59.3% | Q1 2016 |
| MOD | $52.1M | 1.60% | 0.74% | -0.5% | Q2 2024 |
| AVAV | $51.2M | 1.58% | 0.42% | -14.5% | Q4 2022 |
| FN | $49.8M | 1.53% | 0.31% | -1.3% | Q1 2023 |
| BE | $48.6M | 1.50% | 0.24% | -18.4% | Q3 2024 |
| VSEC | $48.3M | 1.49% | 1.19% | +25.2% | Q1 2025 |
| AX | $44.9M | 1.38% | 0.92% | -1.4% | Q4 2019 |
| LIVN | $43.1M | 1.33% | 1.28% | +27.2% | Q4 2016 |
| TMDX | $42.7M | 1.32% | 1.03% | -9.4% | Q2 2019 |
| MC | $42.3M | 1.30% | Not reported | +36.4% | Q2 2014 |
 WVE | $41.7M | 1.29% | 1.31% | -18.1% | Q2 2024 |
| BBIO | $41M | 1.26% | 0.28% | -25.6% | Q2 2023 |
| PLMR | $40.7M | 1.25% | 1.14% | +0.3% | Q3 2019 |
| EYE | $40.4M | 1.24% | 1.97% | -0.9% | Q1 2020 |
| TBBK | $40.2M | 1.24% | 1.40% | -1.3% | Q4 2019 |
| AGYS | $39M | 1.20% | 1.17% | -0.5% | Q2 2014 |
| MRCY | $38.8M | 1.19% | 0.89% | -0.4% | Q2 2016 |
 VITL | $37.1M | 1.14% | 2.59% | +17.3% | Q2 2024 |
 ATI | $35.3M | 1.09% | 0.23% | -1.8% | Q3 2017 |
| AIR | $34.7M | 1.07% | 1.06% | +15.0% | Q2 2023 |
| SMTC | $34.7M | 1.07% | 0.51% | +12.3% | Q3 2018 |
 ATEC | $34.5M | 1.06% | 1.09% | -0.1% | Q4 2023 |
| SKWD | $33.6M | 1.04% | 1.62% | -4.0% | Q1 2023 |
| OLLI | $32.7M | 1.01% | 0.49% | -0.8% | Q3 2015 |
| ESE | $32.6M | 1.00% | 0.64% | +17.9% | Q2 2025 |
| BOOT | $32.1M | 0.99% | 0.60% | +13.4% | Q4 2024 |
| UMBF | $31.7M | 0.98% | 0.36% | +31.4% | Q3 2024 |
| IMAX | $31.6M | 0.97% | 1.58% | +159.4% | Q4 2013 |
| RSI | $31.2M | 0.96% | 0.78% | +19.7% | Q4 2024 |
 SITM | $31.2M | 0.96% | 0.34% | -45.6% | Q4 2024 |
| AGX | $30.7M | 0.95% | 0.71% | +13.3% | Q3 2025 |
| SPXC | $30.6M | 0.94% | 0.31% | -0.5% | Q2 2024 |
 QTWO | $30.4M | 0.94% | 0.67% | -16.2% | Q1 2014 |
 EVLV | $29.9M | 0.92% | 2.38% | +59.2% | Q3 2025 |
| ALGT | $29.8M | 0.92% | 1.91% | -18.2% | Q2 2022 |
| VRNS | $29.8M | 0.92% | 0.77% | -0.3% | Q3 2016 |
| LASR | $29.3M | 0.90% | 1.53% | +60.7% | Q2 2025 |
 COLL | $29.1M | 0.90% | 1.98% | -1.6% | Q4 2019 |
 CRS | $29.1M | 0.90% | 0.19% | -2.5% | Q2 2013 |
| MIRM | $29M | 0.89% | 0.71% | -0.7% | Q2 2025 |
| ARLO | $28.8M | 0.89% | 1.96% | +18.8% | Q2 2024 |
| SEI | $28.8M | 0.89% | Not reported | +1.6% | Q4 2019 |
 RDNT | $28.2M | 0.87% | 0.51% | -38.5% | Q3 2023 |
| Q3 2025 | |||||
| KTOS | $88.5M | 2.84% | 0.57% | -35.9% | Q4 2016 |
| CRDO | $86.9M | 2.79% | 0.35% | -34.5% | Q2 2022 |
| AVAV | $77.9M | 2.50% | 0.50% | -2.1% | Q4 2022 |
| RMBS | $66.5M | 2.13% | 0.59% | -10.2% | Q1 2023 |
| LITE | $59.2M | 1.90% | 0.51% | -18.5% | Q1 2016 |
| TTMI | $58M | 1.86% | 0.98% | -28.2% | Q3 2024 |
| BE | $57.9M | 1.86% | 0.29% | +82.3% | Q3 2024 |
| MOD | $55.7M | 1.79% | 0.75% | +21.4% | Q2 2024 |
| GH | $54.6M | 1.75% | 0.70% | +24.8% | Q4 2018 |
| VRNS | $52.3M | 1.68% | 0.77% | -3.4% | Q3 2016 |
| TVTX | $51.3M | 1.64% | 2.40% | +2.7% | Q2 2023 |
| RDNT | $48.9M | 1.57% | 0.83% | -4.5% | Q3 2023 |
| SITM | $48.9M | 1.57% | 0.62% | +8.4% | Q4 2024 |
| EYE | $46.1M | 1.48% | 1.99% | -2.7% | Q1 2020 |
| TBBK | $45.1M | 1.45% | 1.35% | -3.8% | Q4 2019 |
| AX | $44.8M | 1.44% | 0.93% | -4.5% | Q4 2019 |
| TMDX | $43.5M | 1.39% | 1.14% | -11.8% | Q2 2019 |
| SLNO | $42.4M | 1.36% | 1.17% | -6.7% | Q3 2023 |
| MRCY | $41.3M | 1.32% | 0.90% | +16.7% | Q2 2016 |
| VITL | $40.8M | 1.31% | 2.21% | -2.4% | Q2 2024 |
| FN | $40.4M | 1.29% | 0.31% | -18.8% | Q1 2023 |
| OLLI | $38.7M | 1.24% | 0.49% | -2.2% | Q3 2015 |
| BBIO | $37.4M | 1.20% | 0.37% | -29.5% | Q2 2023 |
| VSEC | $37.1M | 1.19% | 1.08% | -1.5% | Q1 2025 |
| QTWO | $36.4M | 1.17% | 0.80% | -1.8% | Q1 2014 |
| PLMR | $35.1M | 1.13% | 1.14% | -6.3% | Q3 2019 |
| IDCC | $35.1M | 1.13% | 0.39% | -41.7% | Q1 2024 |
| AGYS | $34.7M | 1.11% | 1.18% | -2.1% | Q2 2014 |
| AIR | $32.7M | 1.05% | 1.01% | +8.3% | Q2 2023 |
| SKWD | $32.6M | 1.04% | 1.69% | -4.6% | Q1 2023 |
| MC | $32.2M | 1.03% | Not reported | -1.4% | Q2 2014 |
 AMSC | $31M | 0.99% | 1.15% | +4.2% | Q4 2020 |
| SMTC | $29.9M | 0.96% | 0.48% | Not reported | Q3 2018 |
| ESE | $29.9M | 0.96% | 0.55% | +58.8% | Q2 2025 |
 CVLT | $29.6M | 0.95% | 0.36% | +47.4% | Q3 2024 |
| ARLO | $29.4M | 0.94% | 1.64% | -0.9% | Q2 2024 |
| LIVN | $28.9M | 0.93% | 1.01% | +2.3% | Q4 2016 |
| SPXC | $28.7M | 0.92% | 0.31% | +13.6% | Q2 2024 |
 IONQ | $28.2M | 0.90% | 0.14% | +51.9% | Q2 2025 |
 PI | $28.1M | 0.90% | 0.52% | -1.7% | Q2 2023 |
| STRL | $28.1M | 0.90% | 0.27% | +50.3% | Q2 2025 |
| RSI | $27.5M | 0.88% | 0.66% | +12.6% | Q4 2024 |
| MIRM | $27.1M | 0.87% | 0.72% | +20.9% | Q2 2025 |
| BOOT | $26.5M | 0.85% | 0.53% | -1.5% | Q4 2024 |
 MIR | $26.5M | 0.85% | 6.06% | +17.8% | Q4 2024 |
| ALGT | $26M | 0.83% | 2.33% | +23.7% | Q2 2022 |
| ATI | $25.5M | 0.82% | 0.23% | -1.8% | Q3 2017 |
| UMBF | $24.8M | 0.80% | 0.28% | -1.7% | Q3 2024 |
| SEI | $24.7M | 0.79% | Not reported | -3.4% | Q4 2019 |
| PDFS | $24.3M | 0.78% | 2.39% | -1.2% | Q3 2013 |