Emerald Mutual Fund Advisers Trust

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 30, 2025), Emerald Mutual Fund Advisers Trust reported 219 stock positions worth $1.9 billion. Its top holding was F/M Emr Life Sciences in ETF (LFSC) at 3.1% of the portfolio, followed by Kratos Defense & Security (KTOS, 2.8%) and Credo Technology Group Holdi (CRDO, 2.6%). Compared with Q2 2025, it opened 38 new positions, sold out of 31, added to 66 and reduced 90. The biggest buy was Bloom Energy Class A (BE, shares +93%) and the biggest sale Baldwin Insurance Group Inc./ (BWIN, shares −89%).

Most Recent 13F
Q2 2026
Location
LEOLA, PA
CIK
0001352895
Portfolio Value
$1.9B (Q3 2025)
SEC Filing
0001104659-25-104193 ↗ filed Oct 30, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $1.9B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $1.9B $1.9B Q3 2025 Q4 2025: $2.1B Q4 2025 Q1 2026: $2.1B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 219 stocks · $1.9B

LFSC F/M Emr Life Sciences in ETF 3.07% 1,997,035 $59.4M No change
KTOS Kratos Defense & Security 2.77% 586,783 $53.6M Reduce -30.8%
CRDO Credo Technology Group Holdi 2.63% 349,619 $50.9M Reduce -30.6%
AVAV Aerovironment Inc. 2.30% 141,558 $44.6M Reduce -0.2%
RMBS Rambus Inc. 2.10% 391,215 $40.8M Reduce -6.0%
TTMI TTM Technologies 1.81% 609,368 $35.1M Reduce -25.0%
LITE Lumentum Holdings Inc. 1.81% 215,680 $35.1M Reduce -10.9%
GH Guardant Health Inc. 1.79% 556,009 $34.7M Add +33.7%
BE Bloom Energy Corp. Class A 1.79% 409,435 $34.6M Add +93.1%
MOD Modine Manufacturing Co. 1.72% 234,076 $33.3M Add +26.1%
VRNS Varonis Systems Inc. 1.65% 555,882 $31.9M Add +2.4%
SITM Sitime Corp. 1.54% 98,689 $29.7M Add +10.6%
AX Axos Financial Inc. 1.49% 341,262 $28.9M Reduce -6.3%
TVTX Travere Therapeutics Inc. 1.48% 1,200,942 $28.7M Add +5.2%
RDNT Radnet Inc. 1.47% 372,780 $28.4M Reduce -12.0%
EYE National Vision Holdings Inc. 1.46% 966,266 $28.2M Add +15.5%
TMDX Transmedics Group Inc. 1.38% 238,438 $26.8M Reduce -6.7%
TBBK The Bancorp Inc. 1.38% 357,098 $26.7M Reduce -2.6%
MRCY Mercury Systems Inc. 1.34% 336,058 $26.0M Add +27.7%
SLNO Soleno Therapeutics Inc. 1.33% 379,900 $25.7M Reduce -6.3%
VITL Vital Farms Inc. 1.31% 618,574 $25.5M Add +2.4%
FN Fabrinet 1.24% 65,816 $24.0M Reduce -23.4%
OLLI Ollie's Bargain Outlet Holdi 1.23% 185,623 $23.8M No change
VSEC Vse Corp. 1.16% 135,516 $22.5M Add +2.3%
AGYS Agilysys Inc. 1.12% 205,857 $21.7M Add +13.1%
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 1.11% 297,245 $21.5M Add +2.2%
BBIO Bridgebio Pharma Inc. 1.10% 411,427 $21.4M Reduce -36.3%
IDCC Interdigital Inc. 1.09% 61,207 $21.1M Reduce -40.2%
MC Moelis & Co. Class A 1.01% 273,351 $19.5M Add +2.2%
AIR Aar Corp. 0.98% 211,132 $18.9M Add +8.7%
PLMR Palomar Holdings Inc. 0.97% 160,259 $18.7M Reduce -15.6%
SKWD Skyward Specialty Insurance 0.96% 391,303 $18.6M Reduce -10.1%
ESE Esco Technologies Inc. 0.95% 87,419 $18.5M Add +87.5%
LIVN Livanova PLC 0.95% 349,664 $18.3M Add +8.1%
AMSC American Superconductor Corp. 0.94% 307,737 $18.3M Add +43.9%
SMTC Semtech Corp. 0.92% 248,436 $17.8M New
CVLT Commvault Systems Inc. 0.91% 92,893 $17.5M Add +119.0%
SPXC SPX Technologies Inc. 0.90% 93,074 $17.4M Add +12.5%
IONQ Ionq Inc. 0.88% 277,668 $17.1M Add +58.9%
RSI Rush Street Interactive Inc. 0.87% 825,244 $16.9M Add +11.0%
ARLO Arlo Technologies Inc. 0.86% 980,066 $16.6M Add +0.8%
STRL Sterling Infrastructure Inc. 0.86% 48,875 $16.6M Add +42.9%
MIR Mirion Technologies Inc. 0.85% 704,496 $16.4M Add +27.3%
BOOT Boot Barn Holdings Inc. 0.84% 97,953 $16.2M Add +8.8%
PI Impinj Inc. 0.83% 89,329 $16.1M Reduce -5.0%
MDGL Madrigal Pharmaceuticals Inc. 0.83% 35,091 $16.1M Reduce -5.0%
MIRM Mirum Pharmaceuticals Inc. 0.83% 219,038 $16.1M Add +0.7%
ALGT Allegiant Travel Co. 0.82% 260,935 $15.9M Add +34.8%
PDFS PDF Solutions Inc. 0.79% 594,610 $15.4M Add +2.3%
ATI Ati Inc. 0.77% 183,555 $14.9M Add +2.4%
COGT Cogent Biosciences Inc. 0.76% 1,022,858 $14.7M Add +14.2%
TREE Lendingtree Inc. 0.74% 220,747 $14.3M Reduce -10.4%
AGX Argan Inc. 0.73% 52,352 $14.1M New
ATEC Alphatec Holdings Inc. 0.72% 956,049 $13.9M Reduce -3.0%
COLL Collegium Pharmaceutical Inc. 0.71% 395,661 $13.8M Reduce -28.1%
MMSI Merit Medical Systems Inc. 0.71% 165,730 $13.8M Reduce -5.7%
SKYT Skywater Technology Inc. 0.70% 725,120 $13.5M Add +1.5%
UMBF Umb Financial Corp. 0.69% 113,316 $13.4M Reduce -6.9%
NKTR Nektar Therapeutics 0.69% 233,205 $13.3M New
CORT Corcept Therapeutics Inc. 0.68% 158,142 $13.1M Add +4.8%
FOUR SHIFT4 Payments Inc. Class A 0.68% 169,718 $13.1M Add +6.4%
WVE Wave Life Sciences Ltd. 0.67% 1,766,062 $12.9M Reduce -8.8%
OSW Onespaworld Holdings Ltd. 0.65% 600,025 $12.7M Add +2.5%
FRPT Freshpet Inc. 0.64% 224,970 $12.4M Reduce -24.4%
SEI Solaris Energy Infrastructur 0.64% 308,798 $12.3M Reduce -2.3%
FA First Advantage Corp. 0.61% 772,716 $11.9M Reduce -7.6%
LTH Life Time Group Holdings Inc. 0.58% 410,492 $11.3M No change
CRS Carpenter Technology 0.58% 46,062 $11.3M Reduce -19.5%
KALV Kalvista Pharmaceuticals Inc. 0.58% 917,975 $11.2M Add +19.4%
LIF LIFE360 Inc. 0.57% 103,971 $11.1M Reduce -29.2%
CWAN Clearwater Analytics HDS-A 0.55% 592,802 $10.7M Add +2.3%
PWP Perella Weinberg Partners 0.54% 494,652 $10.5M Add +34.7%
HIMS Hims & Hers Health Inc. 0.54% 183,304 $10.4M New
EVLV Evolv Technologies Holdings 0.53% 1,360,062 $10.3M New
ARHS Arhaus Inc. 0.51% 934,333 $9.9M No change
MTSI Macom Technology Solutions H 0.51% 79,376 $9.9M Reduce -21.0%
BJRI Bj's Restaurants Inc. 0.51% 323,573 $9.9M Add +2.4%
AAOI Applied Optoelectronics Inc. 0.51% 379,796 $9.8M Add +2.4%
ONTO Onto Innovation Inc. 0.50% 75,385 $9.7M No change
EVER Everquote Inc. Class A 0.49% 416,662 $9.5M Add +14.8%
CUBI Customers Bancorp Inc. 0.49% 145,032 $9.5M New
KLIC Kulicke & Soffa Industries 0.47% 222,116 $9.0M Add +27.9%
QBTS D-Wave Quantum Inc. 0.46% 358,640 $8.9M Add +2.4%
LASR Nlight Inc. 0.45% 291,108 $8.6M New
COMP Compass Inc. Class A 0.44% 1,069,474 $8.6M Add +1992.8%
TRIN Trinity Capital Inc. 0.44% 549,260 $8.5M Reduce -4.9%
CCB Coastal Financial Corp. 0.44% 78,182 $8.5M Reduce -1.0%
RHP Ryman Hospitality Properties 0.43% 92,807 $8.3M Reduce -6.8%
NSSC Napco Security Technologies 0.42% 189,495 $8.1M Reduce -16.8%
AXSM Axsome Therapeutics Inc. 0.41% 65,505 $8.0M Add +2.5%
CADE Cadence Bank 0.41% 209,194 $7.9M Add +125.7%
FWRG First Watch Restaurant Group 0.40% 498,226 $7.8M Add +92.7%
SVRA Savara Inc. 0.40% 2,151,358 $7.7M Reduce -1.6%
ETNB 89BIO Inc. 0.39% 512,051 $7.5M Reduce -55.3%
VC Visteon Corp. 0.38% 61,970 $7.4M New
FIVE Five Below 0.38% 47,695 $7.4M No change
RARE Ultragenyx Pharmaceutical Inc. 0.38% 242,802 $7.3M Reduce -17.8%
TENB Tenable Holdings Inc. 0.37% 247,506 $7.2M Reduce -15.9%
ACAD Acadia Pharmaceuticals Inc. 0.35% 315,324 $6.7M Reduce -1.3%
IPGP Ipg Photonics Corp. 0.34% 83,916 $6.6M New
ITGR Integer Holdings Corp. 0.32% 60,807 $6.3M Add +0.8%
SOC Sable Offshore Corp. 0.32% 355,324 $6.2M Add +1.0%
AKRO Akero Therapeutics Inc. 0.27% 110,747 $5.3M Reduce -18.8%
SYRE Spyre Therapeutics Inc. 0.27% 308,212 $5.2M Reduce -6.4%
IMAX Imax Corp. 0.25% 149,401 $4.9M New
SWIM Latham Group Inc. 0.25% 642,554 $4.9M No change
HTFL Heartflow Inc. 0.23% 131,262 $4.4M New
EE Excelerate Energy Inc. Class A 0.23% 173,920 $4.4M Reduce -20.6%
MPB Mid Penn Bancorp Inc. 0.21% 144,411 $4.1M Reduce -8.3%
BRCB Black Rock Coffee Bar Inc. Class A 0.21% 168,611 $4.0M New
AII American Integrity Insurance 0.20% 171,429 $3.8M Reduce -21.9%
CECO Ceco Environmental Corp. 0.19% 71,844 $3.7M New
WSBC Wesbanco Inc. 0.18% 110,529 $3.5M Reduce -21.4%
GBFH Gbank Financial Holdings Inc. 0.18% 88,689 $3.5M Add +1.7%
ASIC Ategrity Specialty Holdings 0.18% 174,019 $3.4M Reduce -27.5%
CCOI Cogent Communications Holdin 0.17% 87,356 $3.4M Reduce -39.5%
SLDE Slide Insurance Holdings Inc. 0.17% 202,734 $3.2M Add +0.1%
BOW Bowhead Specialty Holdings I 0.16% 115,755 $3.1M Reduce -28.5%
HAPN Happen Inc. filed as LENDINGCLUB CORP 0.15% 188,150 $2.9M New
KRRO Korro Bio Inc. 0.15% 58,911 $2.8M New
UTZ Utz Brands Inc. 0.14% 217,010 $2.6M No change
BHVN Biohaven Ltd. 0.13% 173,656 $2.6M Add +0.4%
ZVIA Zevia PBC-A 0.13% 924,124 $2.5M Add +21.3%
ESQ Esquire Financial Holdings I 0.12% 22,968 $2.3M Add +30.2%
MCB Metropolitan Bank Holding Co. 0.12% 31,063 $2.3M Reduce -12.9%
UTHR United Therapeutics Corp. 0.12% 5,474 $2.3M Add +112.2%
NBN Northeast Bank 0.12% 22,853 $2.3M Reduce -5.7%
NVDA Nvidia Corp. 0.11% 11,547 $2.2M Reduce -32.6%
HOOD Robinhood Markets Inc. Class A 0.11% 14,575 $2.1M Add +127.4%
PAL Proficient Auto Logistics Inc. 0.10% 273,289 $1.9M Reduce -15.5%
CBLL Ceribell Inc. 0.09% 155,360 $1.8M Add +58.2%
INSM Insmed Inc. 0.09% 12,322 $1.8M Reduce -51.5%
WTFC Wintrust Financial Corp. 0.09% 13,020 $1.7M No change
BWMN Bowman Consulting Group Ltd. 0.09% 40,357 $1.7M Reduce -19.9%
FINW Finwise Bancorp 0.09% 85,424 $1.7M No change
WAL Western Alliance Bancorp 0.08% 17,931 $1.6M No change
BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN 0.08% 52,120 $1.5M Reduce -89.0%
MSFT Microsoft Corp. 0.07% 2,769 $1.4M Reduce -32.6%
OMDA Omada Health Inc. 0.07% 61,925 $1.4M Reduce -61.6%
CASH Pathward Financial Inc. 0.06% 16,572 $1.2M No change
NWFL Norwood Financial Corp. 0.06% 44,200 $1.1M Reduce -7.0%
AAPL Apple Inc. 0.06% 4,401 $1.1M Reduce -21.9%
ICUI Icu Medical Inc. 0.06% 9,138 $1.1M New
RKT Rocket Cos Inc. Class A 0.05% 54,049 $1.0M New
FIGR Figure Technology Solut Class A 0.05% 27,860 $1.0M New
QCRH QCR Holdings Inc. 0.05% 13,110 $992K No change
OFIX Orthofix Medical Inc. 0.05% 66,322 $971K Add +76.3%
PGY Pagaya Technologies Ltd. Class A 0.05% 31,165 $925K New
GOOGL Alphabet Inc. Class A 0.04% 3,574 $869K Reduce -32.6%
AMZN Amazon.com Inc. 0.04% 3,832 $841K Reduce -32.6%
GMED Globus Medical Inc. Class A 0.04% 14,261 $817K Add +4.4%
MCHB Mechanics Bancorp Class A 0.04% 60,462 $805K Add +136.4%
AVGO Broadcom Inc. 0.04% 2,425 $800K Reduce -32.6%
SSB Southstate Bank Corp. 0.04% 7,930 $784K No change
UBSI United Bankshares Inc. 0.04% 20,108 $748K No change
RXO Rxo Inc. 0.04% 47,836 $736K Reduce -88.8%
META Meta Platforms Inc. Class A 0.04% 1,000 $734K Reduce -32.6%
TCBX Third Coast Bancshares Inc. 0.04% 19,108 $726K No change
EWBC East West Bancorp Inc. 0.03% 6,314 $672K No change
PRCH Porch Group Inc. 0.03% 39,577 $664K Reduce -27.9%
CNOB Connectone Bancorp Inc. 0.03% 25,356 $629K No change
KLAR Klarna Group PLC 0.03% 17,146 $628K New
SHOP Shopify Inc. Class A 0.03% 4,053 $602K Add +83.7%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.03% 37,532 $601K New
BMNR Bitmine Immersion Technologi 0.03% 11,558 $600K New
SOFI Sofi Technologies Inc. 0.03% 22,392 $592K New
FSBC Five Star Bancorp 0.03% 18,040 $581K No change
LOB Live Oak Bancshares Inc. 0.03% 14,526 $512K New
OZK Bank Ozk 0.03% 9,842 $502K New
NP Neptune Insurance Holdi Class A 0.03% 24,761 $495K New
DAVE Dave Inc. 0.03% 2,478 $494K New
BUSE First Busey Corp. 0.03% 21,123 $489K No change
BSVN BANK7 Corp. 0.02% 10,435 $483K New
AFRM Affirm Holdings Inc. 0.02% 6,520 $476K New
FFIN First Finl Bankshares Inc. 0.02% 13,910 $468K Reduce -86.3%
KNSL Kinsale Capital Group Inc. 0.02% 1,084 $461K Reduce -56.5%
RELY Remitly Global Inc. 0.02% 28,159 $459K New
BY Byline Bancorp Inc. 0.02% 16,270 $451K No change
COIN Coinbase Global Inc. Class A 0.02% 1,251 $422K Add +58.0%
SBCF Seacoast Banking Corp. 0.02% 13,306 $405K Add +184.3%
ABCB Ameris Bancorp 0.02% 4,442 $326K No change
BLSH Bullish 0.02% 5,000 $318K New
TTI Tetra Technologies Inc. 0.02% 54,204 $312K Reduce -21.4%
CRCL Circle Internet Group Inc. 0.02% 2,282 $303K Add +695.1%
NFLX Netflix Inc. 0.01% 216 $259K Reduce -32.1%
NVCR Novocure Ltd. 0.01% 19,173 $248K Reduce -91.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 1,704 $246K Reduce -32.5%
PBAM Private Bancorp of America I 0.01% 3,676 $217K No change
FTAI Ftai Aviation Ltd. 0.01% 1,249 $208K Reduce -32.6%
TTWO Take-Two Interactive Softwre 0.01% 799 $206K Add +25.6%
FITB Fifth Third Bancorp 0.01% 4,530 $202K No change
LNG Cheniere Energy Inc. 0.01% 844 $198K Reduce -32.6%
APP AppLovin Corp. Class A 0.01% 265 $190K New
MTZ Mastec Inc. 0.01% 864 $184K Reduce -16.4%
NCLH Norwegian Cruise Line Holdin 0.01% 7,145 $176K Reduce -32.6%
LLY Eli Lilly & Co. 0.01% 230 $175K Reduce -31.9%
GENI Genius Sports Ltd. 0.01% 13,269 $164K Reduce -20.3%
V Visa Inc. Class A 0.01% 476 $162K Reduce -32.3%
COST Costco Wholesale Corp. 0.01% 169 $156K Reduce -32.1%
TSLA Tesla Inc. 0.01% 346 $154K Reduce -32.0%
PANW Palo Alto Networks Inc. 0.01% 729 $148K Reduce -32.4%
TWFG TWFG Inc. 0.01% 4,900 $134K No change
DASH DoorDash Inc. Class A 0.01% 479 $130K Reduce -32.5%
MDB Mongodb Inc. 0.01% 411 $128K Reduce -32.5%
ORCL Oracle Corp. 0.01% 445 $125K Reduce -32.3%
CCNE CNB Financial Corp. 0.01% 5,156 $125K Reduce -88.0%
MIAX Miami International Holdings 0.01% 2,500 $101K New
RPAY Repay Holdings Corp. 0.01% 18,667 $98K New
BWXT BWX Technologies Inc. 0.01% 529 $98K Add +5.0%
CPAY Corpay Inc. 0.00% 323 $93K New
INDI Indie Semiconductor Inc. Class A 0.00% 22,610 $92K Reduce -32.6%
MP MP Materials Corp. 0.00% 1,336 $90K New
BIIB Biogen Inc. 0.00% 623 $87K New
AZO AutoZone Inc. 0.00% 19 $82K Reduce -29.6%
GLNG Golar LNG Ltd. 0.00% 1,989 $80K Add +10.5%
DDOG Datadog Inc. Class A 0.00% 527 $75K Reduce -31.2%
SMCI Super Micro Computer Inc. 0.00% 1,451 $70K Reduce -80.0%
BKR Baker Hughes Co. 0.00% 1,342 $65K New
PLTR Palantir Technologies Inc. Class A 0.00% 357 $65K Reduce -30.9%

Portfolio Sells Q2 2025 → Q3 2025

BWIN Baldwin Insurance Group Inc./ Reduce -89.0% 0.08% −1.16
PLMR Palomar Holdings Inc. Reduce -15.6% 0.97% −0.82
SLNO Soleno Therapeutics Inc. Reduce -6.3% 1.33% −0.74
TMDX Transmedics Group Inc. Reduce -6.7% 1.38% −0.71
GTLS Chart Industries Inc. Sold out 0.00% −0.63
BBIO Bridgebio Pharma Inc. Reduce -36.3% 1.10% −0.59
FRPT Freshpet Inc. Reduce -24.4% 0.64% −0.59
FORM Formfactor Inc. Sold out 0.00% −0.57
SKWD Skyward Specialty Insurance Reduce -10.1% 0.96% −0.57
PTLO Portillo's Inc. Class A Sold out 0.00% −0.52
CRS Carpenter Technology Reduce -19.5% 0.58% −0.38
RXO Rxo Inc. Reduce -88.8% 0.04% −0.37
MTSI Macom Technology Solutions H Reduce -21.0% 0.51% −0.37
MARA Mara Holdings Inc. Sold out 0.00% −0.33
IDCC Interdigital Inc. Reduce -40.2% 1.09% −0.31
FN Fabrinet Reduce -23.4% 1.24% −0.30
ETNB 89BIO Inc. Reduce -55.3% 0.39% −0.30
MMSI Merit Medical Systems Inc. Reduce -5.7% 0.71% −0.29
RARE Ultragenyx Pharmaceutical Inc. Reduce -17.8% 0.38% −0.28
COLL Collegium Pharmaceutical Inc. Reduce -28.1% 0.71% −0.28
CCOI Cogent Communications Holdin Reduce -39.5% 0.17% −0.25
TENB Tenable Holdings Inc. Reduce -15.9% 0.37% −0.23
FA First Advantage Corp. Reduce -7.6% 0.61% −0.23
NVCR Novocure Ltd. Reduce -91.3% 0.01% −0.23
CRDO Credo Technology Group Holdi Reduce -30.6% 2.63% −0.21
BOW Bowhead Specialty Holdings I Reduce -28.5% 0.16% −0.21
TTMI TTM Technologies Reduce -25.0% 1.81% −0.21
INR Infinity Natural Resour Class A Sold out 0.00% −0.20
FFIN First Finl Bankshares Inc. Reduce -86.3% 0.02% −0.20
AX Axos Financial Inc. Reduce -6.3% 1.49% −0.19
AKRO Akero Therapeutics Inc. Reduce -18.8% 0.27% −0.17
SPT Sprout Social Inc. Class A Sold out 0.00% −0.17
RHP Ryman Hospitality Properties Reduce -6.8% 0.43% −0.17
EE Excelerate Energy Inc. Class A Reduce -20.6% 0.23% −0.17
AVAV Aerovironment Inc. Reduce -0.2% 2.30% −0.16
ASIC Ategrity Specialty Holdings Reduce -27.5% 0.18% −0.14
MECHANICS BANK /WALNUT CREEK Sold out 0.00% −0.12
OMDA Omada Health Inc. Reduce -61.6% 0.07% −0.11
WVE Wave Life Sciences Ltd. Reduce -8.8% 0.67% −0.10
LPX Louisiana-Pacific Corp. Sold out 0.00% −0.09
WSBC Wesbanco Inc. Reduce -21.4% 0.18% −0.09
UMBF Umb Financial Corp. Reduce -6.9% 0.69% −0.09
PNFP Pinnacle Financial Partners Sold out 0.00% −0.09
ACAD Acadia Pharmaceuticals Inc. Reduce -1.3% 0.35% −0.07
RNST Renasant Corp. Sold out 0.00% −0.07
INSM Insmed Inc. Reduce -51.5% 0.09% −0.06
ONB Old National Bancorp Sold out 0.00% −0.06
MPB Mid Penn Bancorp Inc. Reduce -8.3% 0.21% −0.06
TRIN Trinity Capital Inc. Reduce -4.9% 0.44% −0.06
FLOC Flowco Holdings Inc. Class A Sold out 0.00% −0.06

Portfolio Buys Q2 2025 → Q3 2025

BE Bloom Energy Corp. Class A Add +93.1% 1.79% +1.48
SMTC Semtech Corp. New 0.92% +0.92
AGX Argan Inc. New 0.73% +0.73
NKTR Nektar Therapeutics New 0.69% +0.69
MOD Modine Manufacturing Co. Add +26.1% 1.72% +0.60
HIMS Hims & Hers Health Inc. New 0.54% +0.54
EVLV Evolv Technologies Holdings New 0.53% +0.53
CUBI Customers Bancorp Inc. New 0.49% +0.49
MRCY Mercury Systems Inc. Add +27.7% 1.34% +0.48
GH Guardant Health Inc. Add +33.7% 1.79% +0.48
AMSC American Superconductor Corp. Add +43.9% 0.94% +0.47
CVLT Commvault Systems Inc. Add +119.0% 0.91% +0.46
TVTX Travere Therapeutics Inc. Add +5.2% 1.48% +0.45
LASR Nlight Inc. New 0.45% +0.45
IONQ Ionq Inc. Add +58.9% 0.88% +0.42
COMP Compass Inc. Class A Add +1992.8% 0.44% +0.42
ESE Esco Technologies Inc. Add +87.5% 0.95% +0.41
VC Visteon Corp. New 0.38% +0.38
SITM Sitime Corp. Add +10.6% 1.54% +0.38
STRL Sterling Infrastructure Inc. Add +42.9% 0.86% +0.38
COGT Cogent Biosciences Inc. Add +14.2% 0.76% +0.37
IPGP Ipg Photonics Corp. New 0.34% +0.34
EYE National Vision Holdings Inc. Add +15.5% 1.46% +0.28
SKYT Skywater Technology Inc. Add +1.5% 0.70% +0.27
IMAX Imax Corp. New 0.25% +0.25
HTFL Heartflow Inc. New 0.23% +0.23
CADE Cadence Bank Add +125.7% 0.41% +0.22
BRCB Black Rock Coffee Bar Inc. Class A New 0.21% +0.21
RSI Rush Street Interactive Inc. Add +11.0% 0.87% +0.20
CECO Ceco Environmental Corp. New 0.19% +0.19
ALGT Allegiant Travel Co. Add +34.8% 0.82% +0.17
AIR Aar Corp. Add +8.7% 0.98% +0.16
MIRM Mirum Pharmaceuticals Inc. Add +0.7% 0.83% +0.15
FWRG First Watch Restaurant Group Add +92.7% 0.40% +0.15
HAPN Happen Inc. New 0.15% +0.15
KRRO Korro Bio Inc. New 0.15% +0.15
QBTS D-Wave Quantum Inc. Add +2.4% 0.46% +0.15
MIR Mirion Technologies Inc. Add +27.3% 0.85% +0.12
PWP Perella Weinberg Partners Add +34.7% 0.54% +0.11
VSEC Vse Corp. Add +2.3% 1.16% +0.11
KLIC Kulicke & Soffa Industries Add +27.9% 0.47% +0.10
UTHR United Therapeutics Corp. Add +112.2% 0.12% +0.07
HOOD Robinhood Markets Inc. Class A Add +127.4% 0.11% +0.07
LIVN Livanova PLC Add +8.1% 0.95% +0.06
ICUI Icu Medical Inc. New 0.06% +0.06
RKT Rocket Cos Inc. Class A New 0.05% +0.05
SPXC SPX Technologies Inc. Add +12.5% 0.90% +0.05
FIGR Figure Technology Solut Class A New 0.05% +0.05
KALV Kalvista Pharmaceuticals Inc. Add +19.4% 0.58% +0.05
PGY Pagaya Technologies Ltd. Class A New 0.05% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 197$2.8BLFSC, TVTX, CDNL, MRCY, AIR
Q1 2026 199$2.1BLFSC, MOD, GH, BE, TTMI
Q4 2025 189$2.1BLFSC, GH, CRDO, KTOS, TTMI
Q3 2025 219$1.9BLFSC, KTOS, CRDO, AVAV, RMBS
Q2 2025 212$1.6BLFSC, CRDO, AVAV, KTOS, TMDX
Q1 2025 209$1.4BPLMR, FTAI, CRDO, SKWD, INSM
Q4 2024 212$1.6BCRDO, FTAI, LFSC, FRPT, PLMR
Q3 2024 224$1.9BFTAI, FRPT, CRS, VRNS, CRDO
Q2 2024 223$1.9BFTAI, FRPT, CRS, CRDO, TMDX
Q1 2024 229$1.9BSMCI, FRPT, FTAI, VRNS, CRS