Emerald Advisers, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Emerald Advisers, LLC reported 243 stock positions worth $2.5 billion. Its top holding was Super Micro Computer (SMCI) at 3.6% of the portfolio, followed by Freshpet (FRPT, 2.6%) and Ftai Aviation (FTAI, 2.3%). Compared with Q4 2023, it opened 26 new positions, sold out of 25, added to 99 and reduced 104. The biggest buy was a new position in Viking Therapeutics (VKTX) and the biggest sale an exit from Immunogen (IMGN).
- Most Recent 13F
- Q2 2026
- Location
- LEOLA, PA
- CIK
- 0001015083
- Portfolio Value
- $2.5B (Q1 2024)
- SEC Filing
- 0001104659-24-058471 ↗ filed May 8, 2024
Holdings Value
Holdings 243 stocks · $2.5B
| SMCI Super Micro Computer Inc. | 3.64% | 89,680 | $90.6M | Reduce -41.8% |
| FRPT Freshpet Inc. | 2.64% | 566,116 | $65.6M | Add +0.7% |
| FTAI Ftai Aviation Ltd. | 2.34% | 862,750 | $58.1M | Add +1.6% |
| VRNS Varonis Systems Inc. | 1.91% | 1,007,989 | $47.5M | Add +5.6% |
| CRS Carpenter Technology | 1.79% | 622,959 | $44.5M | Reduce -7.7% |
| TENB Tenable Holdings Inc. | 1.72% | 865,590 | $42.8M | Add +2.3% |
| GTLS Chart Industries Inc. | 1.69% | 255,194 | $42.0M | Add +1.3% |
| CHDN Churchill Downs Inc. | 1.64% | 330,048 | $40.8M | Add +2.4% |
| LIVN Livanova PLC | 1.59% | 705,297 | $39.5M | Add +44.4% |
| TMDX Transmedics Group Inc. | 1.56% | 523,420 | $38.7M | Add +1.4% |
| BPMC Blueprint Medicines Corp. | 1.54% | 402,910 | $38.2M | Reduce -13.6% |
| PLMR Palomar Holdings Inc. | 1.52% | 449,989 | $37.7M | Add +1.1% |
| ATI Ati Inc. | 1.46% | 708,860 | $36.3M | Add +27.2% |
| TNET Trinet Group Inc. | 1.39% | 260,199 | $34.5M | Add +6.6% |
| KTOS Kratos Defense & Security | 1.35% | 1,830,548 | $33.6M | Add +1.3% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 1.32% | 624,317 | $32.8M | Add +59.3% |
| RDNT Radnet Inc. | 1.31% | 670,979 | $32.6M | Add +22.3% |
| PDFS PDF Solutions Inc. | 1.24% | 913,232 | $30.7M | Add +21.0% |
| CRDO Credo Technology Group Holdi | 1.24% | 1,448,790 | $30.7M | Add +21.8% |
| SKWD Skyward Specialty Insurance | 1.23% | 817,300 | $30.6M | Add +3.5% |
| ACAD Acadia Pharmaceuticals Inc. | 1.23% | 1,651,124 | $30.5M | Add +0.3% |
| AVAV Aerovironment Inc. | 1.22% | 197,818 | $30.3M | Reduce -13.6% |
| NEO Neogenomics Inc. | 1.21% | 1,905,904 | $30.0M | Add +0.4% |
| MMSI Merit Medical Systems Inc. | 1.13% | 372,292 | $28.2M | Add +0.2% |
| ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP | 1.13% | 718,618 | $28.1M | Add +1.1% |
| ONTO Onto Innovation Inc. | 1.13% | 155,252 | $28.1M | Add +1.1% |
| NVEE NV5 Global Inc. | 1.12% | 283,881 | $27.8M | Reduce -2.6% |
| ITCI Intra-Cellular Therapies Inc. | 1.12% | 401,611 | $27.8M | Add +16.8% |
| MDGL Madrigal Pharmaceuticals Inc. | 1.09% | 101,623 | $27.1M | Add +113.0% |
| MTSI Macom Technology Solutions H | 1.09% | 282,658 | $27.0M | Add +0.9% |
| FOUR SHIFT4 Payments Inc. Class A | 1.07% | 403,755 | $26.7M | Reduce -19.4% |
| FORM Formfactor Inc. | 1.05% | 573,523 | $26.2M | Add +2.1% |
| COLL Collegium Pharmaceutical Inc. | 1.05% | 669,512 | $26.0M | Add +0.5% |
| BWIN Baldwin Insurance Group Inc./ filed as BRP GROUP INC | 1.04% | 893,592 | $25.9M | Add +0.6% |
| MC Moelis & Co. Class A | 1.03% | 452,825 | $25.7M | Add +0.4% |
| VKTX Viking Therapeutics Inc. | 1.03% | 311,007 | $25.5M | New |
| AX Axos Financial Inc. | 0.99% | 457,424 | $24.7M | Add +28.3% |
| SVV Savers Value Village Inc. | 0.97% | 1,252,738 | $24.2M | Add +7.4% |
| AIR Aar Corp. | 0.97% | 400,951 | $24.0M | Add +1.6% |
| LPX Louisiana-Pacific Corp. | 0.93% | 276,306 | $23.2M | New |
| RARE Ultragenyx Pharmaceutical Inc. | 0.92% | 488,138 | $22.8M | Add +1.2% |
| RMBS Rambus Inc. | 0.91% | 364,664 | $22.5M | Add +1.7% |
| BBIO Bridgebio Pharma Inc. | 0.87% | 699,083 | $21.6M | Add +2.0% |
| ARHS Arhaus Inc. | 0.86% | 1,391,683 | $21.4M | Add +1.1% |
| BJRI Bj's Restaurants Inc. | 0.85% | 586,261 | $21.2M | Reduce -0.0% |
| HLI Houlihan Lokey Inc. | 0.85% | 165,067 | $21.2M | Add +0.5% |
| PI Impinj Inc. | 0.85% | 163,989 | $21.1M | Add +35.9% |
| AGYS Agilysys Inc. | 0.84% | 247,867 | $20.9M | Add +21.7% |
| TMCI Treace Medical Concepts Inc. | 0.82% | 1,561,893 | $20.4M | Add +7.9% |
| EYE National Vision Holdings Inc. | 0.79% | 885,787 | $19.6M | Add +1.2% |
| INDI Indie Semiconductor Inc. Class A | 0.79% | 2,772,023 | $19.6M | Add +2.3% |
| FA First Advantage Corp. | 0.78% | 1,195,953 | $19.4M | Add +1.1% |
| NOG Northern Oil and Gas Inc. | 0.77% | 482,248 | $19.1M | Add +1.3% |
| TDW Tidewater Inc. | 0.75% | 201,801 | $18.6M | Add +10.6% |
| LNWO Light & Wonder Inc. | 0.75% | 181,756 | $18.6M | Add +92.8% |
| IBP Installed Building Products | 0.73% | 69,717 | $18.0M | Add +3.1% |
| JACK Jack in the Box Inc. | 0.70% | 253,630 | $17.4M | Add +0.8% |
| BANC Banc of California Inc. | 0.70% | 1,136,908 | $17.3M | Add +39.0% |
| INSM Insmed Inc. | 0.69% | 630,179 | $17.1M | Reduce -32.3% |
| VAL Valaris Ltd. | 0.68% | 225,950 | $17.0M | Add +22.1% |
| QTRX Quanterix Corp. | 0.67% | 705,447 | $16.6M | Add +22.8% |
| DCPH Deciphera Pharmaceuticals Inc. | 0.66% | 1,044,871 | $16.4M | Add +55.7% |
| RHP Ryman Hospitality Properties | 0.65% | 139,012 | $16.1M | Reduce -0.0% |
| CCOI Cogent Communications Holdin | 0.64% | 242,833 | $15.9M | Add +2.9% |
| BPOP Popular Inc. | 0.61% | 173,215 | $15.3M | Add +69.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.60% | 188,756 | $15.0M | Add +16.6% |
| UTZ Utz Brands Inc. | 0.59% | 796,793 | $14.7M | Add +2.8% |
| TREE Lendingtree Inc. | 0.59% | 343,645 | $14.5M | New |
| TRNO Terreno Realty Corp. | 0.58% | 217,373 | $14.4M | Add +1.1% |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.57% | 946,191 | $14.3M | Add +0.4% |
| KLIC Kulicke & Soffa Industries | 0.57% | 281,211 | $14.1M | Add +89.3% |
| LITE Lumentum Holdings Inc. | 0.57% | 297,803 | $14.1M | New |
| ATRC Atricure Inc. | 0.55% | 451,258 | $13.7M | Add +1.1% |
| HRI Herc Holdings Inc. filed as HERC HLDGS INC | 0.55% | 81,551 | $13.7M | Reduce -51.1% |
| AKRO Akero Therapeutics Inc. | 0.55% | 538,873 | $13.6M | Add +285.8% |
| WFRD Weatherford International PL | 0.55% | 117,724 | $13.6M | Add +5.8% |
| TVTX Travere Therapeutics Inc. | 0.54% | 1,749,401 | $13.5M | Add +67.2% |
| WHD Cactus Inc. Class A | 0.54% | 269,242 | $13.5M | Reduce -24.5% |
| EXPO Exponent Inc. | 0.54% | 162,917 | $13.5M | Reduce -0.0% |
| RPD RAPID7 Inc. | 0.54% | 273,899 | $13.4M | Reduce -20.8% |
| PTLO Portillo's Inc. Class A | 0.54% | 942,461 | $13.4M | Add +0.8% |
| SLNO Soleno Therapeutics Inc. | 0.52% | 300,376 | $12.9M | Add +19.1% |
| SYNA Synaptics Inc. | 0.51% | 129,672 | $12.7M | Add +143.5% |
| ATEC Alphatec Holdings Inc. | 0.50% | 904,946 | $12.5M | Add +86.3% |
| VC Visteon Corp. | 0.49% | 103,404 | $12.2M | Add +1.7% |
| CHUY Chuy's Holdings Inc. | 0.49% | 359,888 | $12.1M | Reduce -0.0% |
| SKYT Skywater Technology Inc. | 0.48% | 1,173,153 | $11.9M | Add +5.2% |
| ZUO Zuora Inc. Class A | 0.48% | 1,295,378 | $11.8M | Add +2.0% |
| CELH Celsius Holdings Inc. | 0.45% | 134,335 | $11.1M | Reduce -58.9% |
| HAE Haemonetics Corp. | 0.45% | 130,437 | $11.1M | Reduce -11.5% |
| TTI Tetra Technologies Inc. | 0.45% | 2,510,898 | $11.1M | Reduce -18.4% |
| OFIX Orthofix Medical Inc. | 0.45% | 765,204 | $11.1M | Add +1.1% |
| MTDR Matador Resources Co. | 0.44% | 165,246 | $11.0M | Reduce -0.0% |
| TRIN Trinity Capital Inc. | 0.44% | 749,530 | $11.0M | Add +0.8% |
| IMVT Immunovant Inc. | 0.39% | 302,789 | $9.8M | Reduce -1.1% |
| HLIT Harmonic Inc. | 0.39% | 724,389 | $9.7M | Reduce -36.0% |
| RXO Rxo Inc. | 0.39% | 441,611 | $9.7M | Add +1.2% |
| FLYW Flywire Corp.-Voting | 0.37% | 369,995 | $9.2M | New |
| NSSC Napco Security Technologies | 0.36% | 223,794 | $9.0M | Add +0.6% |
| CLDX Celldex Therapeutics Inc. | 0.36% | 212,035 | $8.9M | New |
Portfolio Sells Q4 2023 → Q1 2024
| IMGN Immunogen Inc. | Sold out | 0.00% | −2.21 |
| CBAY Cymabay Therapeutics Inc. | Sold out | 0.00% | −1.08 |
| PRVA Privia Health Group Inc. | Reduce -67.3% | 0.25% | −0.72 |
| SMPL The Simply Good Foods Co. | Reduce -65.0% | 0.27% | −0.69 |
| DCGO Docgo Inc. | Sold out | 0.00% | −0.57 |
| INSM Insmed Inc. | Reduce -32.3% | 0.69% | −0.55 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -19.4% | 1.07% | −0.52 |
| HRI Herc Holdings Inc. | Reduce -51.1% | 0.55% | −0.51 |
| AMLX Amylyx Pharmaceuticals Inc. | Sold out | 0.00% | −0.51 |
| AMRC Ameresco Inc. Class A | Reduce -97.9% | 0.01% | −0.49 |
| COHR Coherent Corp. | Reduce -97.4% | 0.01% | −0.42 |
| LNTH Lantheus Holdings Inc. | Reduce -96.7% | 0.01% | −0.38 |
| IPGP Ipg Photonics Corp. | Sold out | 0.00% | −0.34 |
| PPBI Pacific Premier Bancorp Inc. | Reduce -47.1% | 0.22% | −0.32 |
| PRKS United Parks & Resorts Inc. | Sold out | 0.00% | −0.31 |
| CELH Celsius Holdings Inc. | Reduce -58.9% | 0.45% | −0.31 |
| RPD RAPID7 Inc. | Reduce -20.8% | 0.54% | −0.31 |
| BPMC Blueprint Medicines Corp. | Reduce -13.6% | 1.54% | −0.30 |
| FWRD Forward Air Corp. | Reduce -99.4% | 0.00% | −0.28 |
| CHX Championx Corp. | Sold out | 0.00% | −0.27 |
| NVEE NV5 Global Inc. | Reduce -2.6% | 1.12% | −0.27 |
| CRS Carpenter Technology | Reduce -7.7% | 1.79% | −0.25 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.25 |
| HLIT Harmonic Inc. | Reduce -36.0% | 0.39% | −0.24 |
| MNKD Mannkind Corp. | Sold out | 0.00% | −0.19 |
| IMVT Immunovant Inc. | Reduce -1.1% | 0.39% | −0.16 |
| WHD Cactus Inc. Class A | Reduce -24.5% | 0.54% | −0.15 |
| TTI Tetra Technologies Inc. | Reduce -18.4% | 0.45% | −0.15 |
| HRT Hireright Holdings Corp. | Sold out | 0.00% | −0.14 |
| EE Excelerate Energy Inc. Class A | Sold out | 0.00% | −0.13 |
| CHUY Chuy's Holdings Inc. | Reduce -0.0% | 0.49% | −0.10 |
| HAE Haemonetics Corp. | Reduce -11.5% | 0.45% | −0.09 |
| AAPL Apple Inc. | Reduce -16.1% | 0.18% | −0.08 |
| EXPO Exponent Inc. | Reduce -0.0% | 0.54% | −0.07 |
| PRFT Perficient Inc. | Reduce -0.0% | 0.29% | −0.07 |
| GXO Gxo Logistics Inc. | Reduce -32.5% | 0.07% | −0.05 |
| BJRI Bj's Restaurants Inc. | Reduce -0.0% | 0.85% | −0.05 |
| TTWO Take-Two Interactive Softwre | Reduce -45.6% | 0.03% | −0.04 |
| TSLA Tesla Inc. | Reduce -38.0% | 0.02% | −0.03 |
| REPL Replimune Group Inc. | Reduce -8.7% | 0.16% | −0.03 |
| BMRN Biomarin Pharmaceutical Inc. | Reduce -39.6% | 0.03% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -18.8% | 0.07% | −0.03 |
| MDB Mongodb Inc. | Reduce -17.2% | 0.06% | −0.03 |
| EQT Eqt Corp. | Reduce -60.7% | 0.01% | −0.02 |
| WSC Willscot Holdings Corp. | Reduce -26.9% | 0.05% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -13.6% | 0.03% | −0.02 |
| NVST Envista Holdings Corp. | Sold out | 0.00% | −0.02 |
| ADBE Adobe Inc. | Reduce -49.3% | 0.01% | −0.02 |
| AVAV Aerovironment Inc. | Reduce -13.6% | 1.22% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -27.6% | 0.03% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| VKTX Viking Therapeutics Inc. | New | 1.03% | +1.03 |
| LPX Louisiana-Pacific Corp. | New | 0.93% | +0.93 |
| FTAI Ftai Aviation Ltd. | Add +1.6% | 2.34% | +0.65 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +113.0% | 1.09% | +0.62 |
| QTWO Q2 Holdings Inc. | Add +59.3% | 1.32% | +0.59 |
| TREE Lendingtree Inc. | New | 0.59% | +0.59 |
| LITE Lumentum Holdings Inc. | New | 0.57% | +0.57 |
| FRPT Freshpet Inc. | Add +0.7% | 2.64% | +0.55 |
| LIVN Livanova PLC | Add +44.4% | 1.59% | +0.51 |
| RDNT Radnet Inc. | Add +22.3% | 1.31% | +0.50 |
| PLMR Palomar Holdings Inc. | Add +1.1% | 1.52% | +0.46 |
| LNWO Light & Wonder Inc. | Add +92.8% | 0.75% | +0.42 |
| AKRO Akero Therapeutics Inc. | Add +285.8% | 0.55% | +0.41 |
| PI Impinj Inc. | Add +35.9% | 0.85% | +0.38 |
| ATI Ati Inc. | Add +27.2% | 1.46% | +0.37 |
| FLYW Flywire Corp.-Voting | New | 0.37% | +0.37 |
| CLDX Celldex Therapeutics Inc. | New | 0.36% | +0.36 |
| KALV Kalvista Pharmaceuticals Inc. | New | 0.32% | +0.32 |
| AAOI Applied Optoelectronics Inc. | New | 0.29% | +0.29 |
| IRWD Ironwood Pharmaceuticals Inc. | New | 0.29% | +0.29 |
| TBBK The Bancorp Inc. | New | 0.28% | +0.28 |
| CYTK Cytokinetics Inc. | New | 0.26% | +0.26 |
| BPOP Popular Inc. | Add +69.8% | 0.61% | +0.26 |
| SYNA Synaptics Inc. | Add +143.5% | 0.51% | +0.25 |
| CRDO Credo Technology Group Holdi | Add +21.8% | 1.24% | +0.24 |
| BANC Banc of California Inc. | Add +39.0% | 0.70% | +0.23 |
| KLIC Kulicke & Soffa Industries | Add +89.3% | 0.57% | +0.22 |
| GTLS Chart Industries Inc. | Add +1.3% | 1.69% | +0.22 |
| PDFS PDF Solutions Inc. | Add +21.0% | 1.24% | +0.20 |
| DCPH Deciphera Pharmaceuticals Inc. | Add +55.7% | 0.66% | +0.20 |
| IBP Installed Building Products | Add +3.1% | 0.73% | +0.20 |
| ATEC Alphatec Holdings Inc. | Add +86.3% | 0.50% | +0.19 |
| TDW Tidewater Inc. | Add +10.6% | 0.75% | +0.18 |
| COLL Collegium Pharmaceutical Inc. | Add +0.5% | 1.05% | +0.17 |
| ARHS Arhaus Inc. | Add +1.1% | 0.86% | +0.16 |
| AX Axos Financial Inc. | Add +28.3% | 0.99% | +0.16 |
| ONT Onterris Inc. | Add +1.1% | 1.13% | +0.16 |
| TNET Trinet Group Inc. | Add +6.6% | 1.39% | +0.14 |
| VAL Valaris Ltd. | Add +22.1% | 0.68% | +0.14 |
| TVTX Travere Therapeutics Inc. | Add +67.2% | 0.54% | +0.14 |
| BWIN Baldwin Insurance Group Inc./ | Add +0.6% | 1.04% | +0.13 |
| ONTO Onto Innovation Inc. | Add +1.1% | 1.13% | +0.13 |
| NVDA Nvidia Corp. | Add +6.8% | 0.28% | +0.13 |
| SVV Savers Value Village Inc. | Add +7.4% | 0.97% | +0.10 |
| AGYS Agilysys Inc. | Add +21.7% | 0.84% | +0.10 |
| SKWD Skyward Specialty Insurance | Add +3.5% | 1.23% | +0.09 |
| SLNO Soleno Therapeutics Inc. | Add +19.1% | 0.52% | +0.08 |
| WFRD Weatherford International PL | Add +5.8% | 0.55% | +0.08 |
| OLLI Ollie's Bargain Outlet Holdi | Add +16.6% | 0.60% | +0.08 |
| AVGO Broadcom Inc. | New | 0.07% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 237 | $4.2B | TVTX, CDNL, MRCY, AIR, VSEC |
| Q1 2026 | 248 | $3.2B | MOD, GH, BE, TTMI, COGT |
| Q4 2025 | 246 | $3.2B | GH, CRDO, KTOS, TTMI, TVTX |
| Q3 2025 | 256 | $3.1B | KTOS, CRDO, AVAV, RMBS, LITE |
| Q2 2025 | 248 | $2.7B | CRDO, AVAV, KTOS, TMDX, TTMI |
| Q1 2025 | 243 | $2.2B | FTAI, PLMR, CRDO, INSM, KTOS |
| Q4 2024 | 254 | $2.6B | CRDO, FTAI, FRPT, QTWO, GTLS |
| Q3 2024 | 248 | $2.6B | FTAI, FRPT, CRS, VRNS, INSM |
| Q2 2024 | 247 | $2.4B | FTAI, FRPT, CRS, TMDX, CRDO |
| Q1 2024 | 243 | $2.5B | SMCI, FRPT, FTAI, VRNS, CRS |