Emerald Advisers, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Emerald Advisers, LLC reported 247 stock positions worth $2.4 billion. Its top holding was Ftai Aviation (FTAI) at 3.6% of the portfolio, followed by Freshpet (FRPT, 2.9%) and Carpenter Technology (CRS, 2.3%). Compared with Q1 2024, it opened 33 new positions, sold out of 29, added to 38 and reduced 163. The biggest buy was Insmed (INSM, shares +2%) and the biggest sale Super Micro Computer (SMCI, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- LEOLA, PA
- CIK
- 0001015083
- Portfolio Value
- $2.4B (Q2 2024)
- SEC Filing
- 0001104659-24-086225 ↗ filed Aug 6, 2024
Holdings Value
Holdings 247 stocks · $2.4B
| FTAI Ftai Aviation Ltd. | 3.59% | 829,702 | $85.7M | Reduce -3.8% |
| FRPT Freshpet Inc. | 2.92% | 537,660 | $69.6M | Reduce -5.0% |
| CRS Carpenter Technology | 2.35% | 511,204 | $56.0M | Reduce -17.9% |
| TMDX Transmedics Group Inc. | 2.04% | 323,350 | $48.7M | Reduce -38.2% |
| CRDO Credo Technology Group Holdi | 2.02% | 1,507,019 | $48.1M | Add +4.0% |
| VRNS Varonis Systems Inc. | 1.92% | 954,601 | $45.8M | Reduce -5.3% |
| INSM Insmed Inc. | 1.80% | 640,267 | $42.9M | Add +1.6% |
| RDNT Radnet Inc. | 1.60% | 647,932 | $38.2M | Reduce -3.4% |
| LIVN Livanova PLC | 1.57% | 681,203 | $37.3M | Reduce -3.4% |
| BPMC Blueprint Medicines Corp. | 1.54% | 341,200 | $36.8M | Reduce -15.3% |
| QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC | 1.53% | 605,296 | $36.5M | Reduce -3.0% |
| AVAV Aerovironment Inc. | 1.51% | 197,459 | $36.0M | Reduce -0.2% |
| TENB Tenable Holdings Inc. | 1.50% | 822,855 | $35.9M | Reduce -4.9% |
| PLMR Palomar Holdings Inc. | 1.50% | 441,372 | $35.8M | Reduce -1.9% |
| ATI Ati Inc. | 1.49% | 640,388 | $35.5M | Reduce -9.7% |
| KTOS Kratos Defense & Security | 1.48% | 1,764,290 | $35.3M | Reduce -3.6% |
| AIR Aar Corp. | 1.48% | 485,007 | $35.3M | Add +21.0% |
| GTLS Chart Industries Inc. | 1.47% | 243,480 | $35.1M | Reduce -4.6% |
| FORM Formfactor Inc. | 1.39% | 548,408 | $33.2M | Reduce -4.4% |
| ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP | 1.38% | 736,099 | $32.8M | Add +2.4% |
| PDFS PDF Solutions Inc. | 1.34% | 875,575 | $31.9M | Reduce -4.1% |
| MMSI Merit Medical Systems Inc. | 1.29% | 359,153 | $30.9M | Reduce -3.5% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 1.29% | 868,745 | $30.8M | Reduce -2.8% |
| SKWD Skyward Specialty Insurance | 1.28% | 845,963 | $30.6M | Add +3.5% |
| MTSI Macom Technology Solutions H | 1.26% | 270,420 | $30.1M | Reduce -4.3% |
| FOUR SHIFT4 Payments Inc. Class A | 1.21% | 393,180 | $28.8M | Reduce -2.6% |
| ONTO Onto Innovation Inc. | 1.15% | 125,417 | $27.5M | Reduce -19.2% |
| MDGL Madrigal Pharmaceuticals Inc. | 1.14% | 96,764 | $27.1M | Reduce -4.8% |
| ITCI Intra-Cellular Therapies Inc. | 1.13% | 392,591 | $26.9M | Reduce -2.3% |
| PI Impinj Inc. | 1.11% | 168,597 | $26.4M | Add +2.8% |
| MOD Modine Manufacturing Co. | 1.09% | 260,150 | $26.1M | New |
| TDW Tidewater Inc. | 1.08% | 270,023 | $25.7M | Add +33.8% |
| NEO Neogenomics Inc. | 1.07% | 1,844,615 | $25.6M | Reduce -3.2% |
| NSSC Napco Security Technologies | 1.06% | 488,583 | $25.4M | Add +118.3% |
| NVEE NV5 Global Inc. | 1.06% | 271,946 | $25.3M | Reduce -4.2% |
| AX Axos Financial Inc. | 1.06% | 442,086 | $25.3M | Reduce -3.4% |
| AGYS Agilysys Inc. | 1.05% | 240,341 | $25.0M | Reduce -3.0% |
| TNET Trinet Group Inc. | 1.05% | 250,168 | $25.0M | Reduce -3.9% |
| MC Moelis & Co. Class A | 1.04% | 434,486 | $24.7M | Reduce -4.0% |
| LPX Louisiana-Pacific Corp. | 1.00% | 289,697 | $23.9M | Add +4.8% |
| RMBS Rambus Inc. | 0.97% | 394,961 | $23.2M | Add +8.3% |
| ARHS Arhaus Inc. | 0.95% | 1,339,490 | $22.7M | Reduce -3.8% |
| KLIC Kulicke & Soffa Industries | 0.91% | 443,002 | $21.8M | Add +57.5% |
| OLLI Ollie's Bargain Outlet Holdi | 0.90% | 219,404 | $21.5M | Add +16.2% |
| NOG Northern Oil and Gas Inc. | 0.88% | 566,999 | $21.1M | Add +17.6% |
| COLL Collegium Pharmaceutical Inc. | 0.88% | 650,173 | $20.9M | Reduce -2.9% |
| RARE Ultragenyx Pharmaceutical Inc. | 0.84% | 486,682 | $20.0M | Reduce -0.3% |
| BJRI Bj's Restaurants Inc. | 0.82% | 565,212 | $19.6M | Reduce -3.6% |
| CHDN Churchill Downs Inc. | 0.80% | 136,305 | $19.0M | Reduce -58.7% |
| VAL Valaris Ltd. | 0.80% | 254,883 | $19.0M | Add +12.8% |
| FA First Advantage Corp. | 0.78% | 1,158,833 | $18.6M | Reduce -3.1% |
| LNWO Light & Wonder Inc. | 0.78% | 176,434 | $18.5M | Reduce -2.9% |
| SYNA Synaptics Inc. | 0.75% | 202,283 | $17.8M | Add +56.0% |
| VKTX Viking Therapeutics Inc. | 0.73% | 327,046 | $17.3M | Add +5.2% |
| BBIO Bridgebio Pharma Inc. | 0.71% | 666,344 | $16.9M | Reduce -4.7% |
| VITL Vital Farms Inc. | 0.67% | 341,603 | $16.0M | New |
| INDI Indie Semiconductor Inc. Class A | 0.66% | 2,534,106 | $15.6M | Reduce -8.6% |
| LITE Lumentum Holdings Inc. | 0.63% | 293,182 | $14.9M | Reduce -1.6% |
| TREE Lendingtree Inc. | 0.60% | 345,892 | $14.4M | Add +0.7% |
| IDCC Interdigital Inc. | 0.59% | 120,412 | $14.0M | Add +127997.9% |
| WHD Cactus Inc. Class A | 0.57% | 258,826 | $13.7M | Reduce -3.9% |
| TVTX Travere Therapeutics Inc. | 0.56% | 1,637,146 | $13.5M | Reduce -6.4% |
| RHP Ryman Hospitality Properties | 0.56% | 134,474 | $13.4M | Reduce -3.3% |
| XPRO Expro Group Holdings NV | 0.56% | 585,578 | $13.4M | New |
| SPXC SPX Technologies Inc. | 0.56% | 93,890 | $13.3M | New |
| CCOI Cogent Communications Holdin | 0.56% | 234,602 | $13.2M | Reduce -3.4% |
| ACAD Acadia Pharmaceuticals Inc. | 0.55% | 808,831 | $13.1M | Reduce -51.0% |
| UTZ Utz Brands Inc. | 0.53% | 752,957 | $12.5M | Reduce -5.5% |
| WVE Wave Life Sciences Ltd. | 0.52% | 2,493,230 | $12.4M | New |
| TRNO Terreno Realty Corp. | 0.52% | 208,338 | $12.3M | Reduce -4.2% |
| FN Fabrinet | 0.51% | 49,808 | $12.2M | New |
| AKRO Akero Therapeutics Inc. | 0.51% | 515,252 | $12.1M | Reduce -4.4% |
| ZUO Zuora Inc. Class A | 0.51% | 1,214,758 | $12.1M | Reduce -6.2% |
| SLNO Soleno Therapeutics Inc. | 0.50% | 293,328 | $12.0M | Reduce -2.4% |
| HLI Houlihan Lokey Inc. | 0.50% | 87,583 | $11.8M | Reduce -46.9% |
| RXO Rxo Inc. | 0.49% | 443,386 | $11.6M | Add +0.4% |
| ARLO Arlo Technologies Inc. | 0.48% | 884,047 | $11.5M | New |
| EYE National Vision Holdings Inc. | 0.47% | 856,368 | $11.2M | Reduce -3.3% |
| BPOP Popular Inc. | 0.47% | 126,573 | $11.2M | Reduce -26.9% |
| SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC | 0.46% | 882,312 | $11.1M | Reduce -6.8% |
| IBP Installed Building Products | 0.46% | 53,237 | $10.9M | Reduce -23.6% |
| ATEC Alphatec Holdings Inc. | 0.45% | 1,021,525 | $10.7M | Add +12.9% |
| VC Visteon Corp. | 0.44% | 99,110 | $10.6M | Reduce -4.2% |
| TRIN Trinity Capital Inc. | 0.43% | 722,941 | $10.2M | Reduce -3.5% |
| JACK Jack in the Box Inc. | 0.42% | 194,485 | $9.9M | Reduce -23.3% |
| OFIX Orthofix Medical Inc. | 0.41% | 733,999 | $9.7M | Reduce -4.1% |
| PTLO Portillo's Inc. Class A | 0.40% | 983,539 | $9.6M | Add +4.4% |
| SVV Savers Value Village Inc. | 0.38% | 748,398 | $9.2M | Reduce -40.3% |
| CHUY Chuy's Holdings Inc. | 0.38% | 347,098 | $9.0M | Reduce -3.5% |
| QTRX Quanterix Corp. | 0.38% | 680,987 | $9.0M | Reduce -3.5% |
| WFRD Weatherford International PL | 0.37% | 72,267 | $8.8M | Reduce -38.6% |
| NVDA Nvidia Corp. | 0.37% | 71,410 | $8.8M | Reduce -6.3% |
| SKYT Skywater Technology Inc. | 0.35% | 1,094,930 | $8.4M | Reduce -6.7% |
| TTI Tetra Technologies Inc. | 0.35% | 2,420,302 | $8.4M | Reduce -3.6% |
| BANC Banc of California Inc. | 0.34% | 641,450 | $8.2M | Reduce -43.6% |
| MSFT Microsoft Corp. | 0.34% | 18,200 | $8.1M | Reduce -1.5% |
| ATRC Atricure Inc. | 0.34% | 351,415 | $8.0M | Reduce -22.1% |
| MAX Mediaalpha Inc. Class A | 0.33% | 598,517 | $7.9M | Add +51407.5% |
| RPD RAPID7 Inc. | 0.32% | 178,834 | $7.7M | Reduce -34.7% |
| IMVT Immunovant Inc. | 0.32% | 288,564 | $7.6M | Reduce -4.7% |
Portfolio Sells Q1 2024 → Q2 2024
| SMCI Super Micro Computer Inc. | Reduce -99.0% | 0.03% | −3.61 |
| CHDN Churchill Downs Inc. | Reduce -58.7% | 0.80% | −0.85 |
| TMCI Treace Medical Concepts Inc. | Sold out | 0.00% | −0.82 |
| ACAD Acadia Pharmaceuticals Inc. | Reduce -51.0% | 0.55% | −0.68 |
| DCPH Deciphera Pharmaceuticals Inc. | Sold out | 0.00% | −0.66 |
| SVV Savers Value Village Inc. | Reduce -40.3% | 0.38% | −0.59 |
| HRI Herc Holdings Inc. | Sold out | 0.00% | −0.55 |
| EXPO Exponent Inc. | Sold out | 0.00% | −0.54 |
| MTDR Matador Resources Co. | Reduce -99.6% | 0.00% | −0.44 |
| CELH Celsius Holdings Inc. | Reduce -97.3% | 0.01% | −0.44 |
| HLIT Harmonic Inc. | Reduce -96.5% | 0.01% | −0.38 |
| HLI Houlihan Lokey Inc. | Reduce -46.9% | 0.50% | −0.36 |
| BANC Banc of California Inc. | Reduce -43.6% | 0.34% | −0.35 |
| TNET Trinet Group Inc. | Reduce -3.9% | 1.05% | −0.34 |
| EYE National Vision Holdings Inc. | Reduce -3.3% | 0.47% | −0.32 |
| QTRX Quanterix Corp. | Reduce -3.5% | 0.38% | −0.29 |
| JACK Jack in the Box Inc. | Reduce -23.3% | 0.42% | −0.28 |
| SMPL The Simply Good Foods Co. | Reduce -99.7% | 0.00% | −0.27 |
| IBP Installed Building Products | Reduce -23.6% | 0.46% | −0.27 |
| TBBK The Bancorp Inc. | Reduce -96.5% | 0.01% | −0.26 |
| CYTK Cytokinetics Inc. | Sold out | 0.00% | −0.26 |
| PRVA Privia Health Group Inc. | Sold out | 0.00% | −0.25 |
| PPBI Pacific Premier Bancorp Inc. | Reduce -99.0% | 0.00% | −0.22 |
| HAE Haemonetics Corp. | Reduce -49.3% | 0.23% | −0.22 |
| TENB Tenable Holdings Inc. | Reduce -4.9% | 1.50% | −0.22 |
| GTLS Chart Industries Inc. | Reduce -4.6% | 1.47% | −0.22 |
| ATRC Atricure Inc. | Reduce -22.1% | 0.34% | −0.22 |
| RPD RAPID7 Inc. | Reduce -34.7% | 0.32% | −0.22 |
| WFRD Weatherford International PL | Reduce -38.6% | 0.37% | −0.18 |
| COLL Collegium Pharmaceutical Inc. | Reduce -2.9% | 0.88% | −0.17 |
| BBIO Bridgebio Pharma Inc. | Reduce -4.7% | 0.71% | −0.16 |
| REPL Replimune Group Inc. | Sold out | 0.00% | −0.16 |
| BPOP Popular Inc. | Reduce -26.9% | 0.47% | −0.14 |
| INDI Indie Semiconductor Inc. Class A | Reduce -8.6% | 0.66% | −0.13 |
| NEO Neogenomics Inc. | Reduce -3.2% | 1.07% | −0.13 |
| CVRX CVRX Inc. | Reduce -7.2% | 0.23% | −0.13 |
| SKYT Skywater Technology Inc. | Reduce -6.7% | 0.35% | −0.13 |
| FLYW Flywire Corp.-Voting | Reduce -4.4% | 0.24% | −0.13 |
| PRFT Perficient Inc. | Reduce -58.4% | 0.17% | −0.13 |
| AAOI Applied Optoelectronics Inc. | Reduce -3.0% | 0.18% | −0.12 |
| CHUY Chuy's Holdings Inc. | Reduce -3.5% | 0.38% | −0.11 |
| SNCY Sun Country Airlines Holding | Reduce -6.8% | 0.46% | −0.11 |
| TTI Tetra Technologies Inc. | Reduce -3.6% | 0.35% | −0.10 |
| RHP Ryman Hospitality Properties | Reduce -3.3% | 0.56% | −0.08 |
| CCOI Cogent Communications Holdin | Reduce -3.4% | 0.56% | −0.08 |
| RARE Ultragenyx Pharmaceutical Inc. | Reduce -0.3% | 0.84% | −0.08 |
| IMVT Immunovant Inc. | Reduce -4.7% | 0.32% | −0.07 |
| IRWD Ironwood Pharmaceuticals Inc. | Reduce -4.4% | 0.21% | −0.07 |
| UTZ Utz Brands Inc. | Reduce -5.5% | 0.53% | −0.07 |
| TRNO Terreno Realty Corp. | Reduce -4.2% | 0.52% | −0.06 |
Portfolio Buys Q1 2024 → Q2 2024
| INSM Insmed Inc. | Add +1.6% | 1.80% | +1.11 |
| MOD Modine Manufacturing Co. | New | 1.09% | +1.09 |
| CRDO Credo Technology Group Holdi | Add +4.0% | 2.02% | +0.78 |
| NSSC Napco Security Technologies | Add +118.3% | 1.06% | +0.70 |
| VITL Vital Farms Inc. | New | 0.67% | +0.67 |
| IDCC Interdigital Inc. | Add +127997.9% | 0.59% | +0.59 |
| XPRO Expro Group Holdings NV | New | 0.56% | +0.56 |
| SPXC SPX Technologies Inc. | New | 0.56% | +0.56 |
| WVE Wave Life Sciences Ltd. | New | 0.52% | +0.52 |
| AIR Aar Corp. | Add +21.0% | 1.48% | +0.51 |
| FN Fabrinet | New | 0.51% | +0.51 |
| ARLO Arlo Technologies Inc. | New | 0.48% | +0.48 |
| KLIC Kulicke & Soffa Industries | Add +57.5% | 0.91% | +0.34 |
| TDW Tidewater Inc. | Add +33.8% | 1.08% | +0.33 |
| MAX Mediaalpha Inc. Class A | Add +51407.5% | 0.33% | +0.33 |
| OLLI Ollie's Bargain Outlet Holdi | Add +16.2% | 0.90% | +0.30 |
| FULT Fulton Financial Corp. | New | 0.30% | +0.30 |
| ARCB Arcbest Corp. | New | 0.29% | +0.29 |
| LIF LIFE360 Inc. | New | 0.28% | +0.28 |
| PI Impinj Inc. | Add +2.8% | 1.11% | +0.26 |
| LBPH Longboard Pharmaceuticals Inc. | New | 0.26% | +0.26 |
| BOW Bowhead Specialty Holdings I | New | 0.25% | +0.25 |
| ONT Onterris Inc. | Add +2.4% | 1.38% | +0.24 |
| SYNA Synaptics Inc. | Add +56.0% | 0.75% | +0.24 |
| EVER Everquote Inc. Class A | New | 0.21% | +0.21 |
| SPT Sprout Social Inc. Class A | New | 0.18% | +0.18 |
| NOG Northern Oil and Gas Inc. | Add +17.6% | 0.88% | +0.11 |
| VAL Valaris Ltd. | Add +12.8% | 0.80% | +0.11 |
| IBTA Ibotta Inc. Class A | New | 0.11% | +0.11 |
| RXO Rxo Inc. | Add +0.4% | 0.49% | +0.10 |
| AAPL Apple Inc. | Add +8.4% | 0.25% | +0.07 |
| LPX Louisiana-Pacific Corp. | Add +4.8% | 1.00% | +0.07 |
| RMBS Rambus Inc. | Add +8.3% | 0.97% | +0.07 |
| SKWD Skyward Specialty Insurance | Add +3.5% | 1.28% | +0.05 |
| PAL Proficient Auto Logistics Inc. | New | 0.05% | +0.05 |
| LOAR Loar Holdings Inc. | New | 0.05% | +0.05 |
| VRT Vertiv Holdings Co. Class A | New | 0.03% | +0.03 |
| W Wayfair Inc. Class A | New | 0.03% | +0.03 |
| FICO Fair Isaac Corp. | New | 0.02% | +0.02 |
| TDY Teledyne Technologies Inc. | New | 0.02% | +0.02 |
| BWMN Bowman Consulting Group Ltd. | New | 0.02% | +0.02 |
| KKR KKR & Co. Inc. | New | 0.02% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.02% | +0.02 |
| MDB Mongodb Inc. | Add +87.3% | 0.08% | +0.02 |
| AES AES Corp. | Add +99.5% | 0.04% | +0.02 |
| TSCO Tractor Supply Company | New | 0.02% | +0.02 |
| SRPT Sarepta Therapeutics Inc. | Add +130.9% | 0.03% | +0.02 |
| DECK Deckers Outdoor Corp. | New | 0.02% | +0.02 |
| TREE Lendingtree Inc. | Add +0.7% | 0.60% | +0.02 |
| LLY Eli Lilly & Co. | Add +46.8% | 0.04% | +0.02 |
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 |