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Asset Manager ← All Institutions

EMERALD ADVISERS, LLC

3175 OREGON PIKE, LEOLA, PA 17540 • 717-556-8900

Q2 2025 · Filed 2025-08-04
Market Value
$2.7B
+25.8%
Holdings
267
-1
New Purchases
30
Added To
131
Closed
25
Reduced
62
Top 10 Concentration
21.8%
Turnover
20.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVAV 2.71% 1.27% +1.44% $72M
MRCY 0.93% 0.00% +0.93% $25M
CRDO 3.18% 2.34% +0.84% $84M
TMDX 2.22% 1.45% +0.77% $59M
TTMI 2.16% 1.40% +0.76% $57M
AMSC 0.69% 0.03% +0.66% $18M
AGYS 1.46% 0.80% +0.65% $39M
ESE 0.64% 0.00% +0.64% $17M
EYE 1.41% 0.81% +0.59% $37M
MIRM 0.59% 0.00% +0.59% $16M
KTOS 2.64% 2.08% +0.56% $70M
ONTO 0.49% 0.00% +0.49% $13M
IONQ 0.49% 0.00% +0.49% $13M
STRL 0.48% 0.00% +0.48% $13M
ITGR 0.48% 0.04% +0.45% $13M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
INSM 0.05% 2.15% -2.10% $1M
BPMC 0.00% 1.68% -1.68% $0
GTLS 0.68% 1.68% -1.01% $18M
CRS 1.03% 1.70% -0.67% $27M
FRPT 1.33% 2.01% -0.67% $35M
OFIX 0.00% 0.63% -0.63% $1K
CHDN 0.02% 0.64% -0.62% $569K
TVTX 1.17% 1.76% -0.60% $31M
PLMR 1.87% 2.45% -0.58% $50M
LPX 0.53% 1.03% -0.50% $14M
AIR 0.87% 1.36% -0.48% $23M
SKWD 1.56% 2.04% -0.48% $41M
LIVN 0.91% 1.39% -0.48% $24M
WHD 0.00% 0.42% -0.42% $31K
ATI 1.04% 1.45% -0.41% $28M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 26.9%
Industrials 23.7%
Healthcare 22.0%
Consumer Cyclical 10.3%
Financial Services 10.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 15 $36M 1.4%
Large Cap 99 $761M 28.7%
Mid Cap 96 $1.4B 51.6%
Small Cap 48 $472M 17.8%
Micro Cap 9 $16M 0.6%

Portfolio Analytics

Avg Market Cap
$127.8B
Median Market Cap
$7.0B
Avg P/E
49.7
Median P/E
27.6
Avg Dividend Yield
0.01%
Avg Beta
1.20
# Stocks
267
# ETFs / Funds
0

Top Holdings (267 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CRDO 3.18% 911,514 $84M $92.59 $35M -317,519 -25.8%
2 AVAV 2.71% 252,686 $72M $284.95 $45M +27,868 +12.4%
3 KTOS 2.64% 1,510,418 $70M $46.45 $26M +32,547 +2.2%
4 TMDX 2.22% 439,329 $59M $134.01 $28M -15,465 -3.4%
5 TTMI 2.16% 1,403,317 $57M $40.82 $28M -36,614 -2.5%
6 PLMR 1.87% 321,147 $50M $154.25 -$2M -55,549 -14.8%
7 QTWO 1.81% 512,016 $48M $93.59 $8M +18,583 +3.8%
8 VRNS 1.80% 942,703 $48M $50.75 $11M +35,638 +3.9%
9 RMBS 1.71% 710,123 $45M $64.02 $18M +179,421 +33.8%
10 BBIO 1.66% 1,021,257 $44M $43.18 $4M -124,234 -10.8%
11 LITE 1.60% 446,102 $42M $95.06 $16M +22,012 +5.2%
12 AX 1.59% 553,591 $42M $76.04 $8M +20,005 +3.8%
13 SKWD 1.56% 717,760 $41M $57.79 -$2M -97,124 -11.9%
14 OLLI 1.53% 307,841 $41M $131.78 $8M +28,026 +10.0%
15 FN 1.51% 136,218 $40M $294.68 $13M -3,273 -2.4%
16 IDCC 1.47% 174,499 $39M $224.23 $8M +23,402 +15.5%
17 VITL 1.47% 1,015,225 $39M $38.52 $9M +37,028 +3.8%
18 AGYS 1.46% 337,102 $39M $114.64 $22M +103,614 +44.4%
19 RDNT 1.44% 672,356 $38M $56.91 $6M +27,134 +4.2%
20 EYE 1.41% 1,621,925 $37M $23.01 $20M +278,597 +20.7%
21 GH 1.37% 699,922 $36M $52.04 $14M +168,498 +31.7%
22 TBBK 1.34% 626,413 $36M $56.97 $7M +78,144 +14.2%
23 FRPT 1.33% 521,175 $35M $67.96 -$7M +11,727 +2.3%
24 BRP 1.30% 806,290 $35M $42.81 $1M +61,669 +8.3%
25 SITM 1.20% 149,724 $32M $213.08 $14M +34,291 +29.7%
26 MOD 1.20% 322,557 $32M $98.50 $12M +61,264 +23.4%
27 TVTX 1.17% 2,091,360 $31M $14.80 -$6M +14,187 +0.7%
28 VSEC 1.12% 226,784 $30M $130.98 $10M +62,849 +38.3%
29 ARLO 1.12% 1,749,984 $30M $16.96 $13M +70,195 +4.2%
30 MC 1.08% 458,006 $29M $62.32 $4M +31,540 +7.4%
31 FOUR 1.06% 283,004 $28M $99.11 $6M +17,582 +6.6%
32 ATI 1.04% 318,863 $28M $86.34 -$3M -268,387 -45.7%
33 CRS 1.03% 98,769 $27M $276.38 -$9M -99,627 -50.2%
34 MMSI 1.03% 291,790 $27M $93.48 -$2M +11,113 +4.0%
35 BJRI 1.00% 593,478 $26M $44.60 $7M +15,151 +2.6%
36 MTSI 0.99% 182,648 $26M $143.29 $9M +7,994 +4.6%
37 COLL 0.93% 837,549 $25M $29.57 $96K +11,074 +1.3%
38 BOOT 0.93% 162,609 $25M $152.00 $11M +30,852 +23.4%
39 MRCY 0.93% 456,713 $25M $53.86 +456,713 NEW
40 LIVN 0.91% 538,999 $24M $45.02 -$5M -207,514 -27.8%
41 FA 0.90% 1,431,731 $24M $16.61 $8M +296,663 +26.1%
42 CWAN 0.89% 1,072,307 $24M $21.93 $10M +574,342 +115.3%
43 AIR 0.87% 337,005 $23M $68.79 -$5M -173,809 -34.0%
44 SPXC 0.85% 135,104 $23M $167.68 $6M +4,938 +3.8%
45 UMBF 0.84% 213,081 $22M $105.16 $10M +87,613 +69.8%
46 LTH 0.80% 702,727 $21M $30.33 $1M +43,208 +6.5%
47 WVE 0.80% 3,257,119 $21M $6.50 -$4M +123,561 +3.9%
48 TENB 0.79% 618,996 $21M $33.78 -$499K +6,956 +1.1%
49 MIR 0.78% 965,245 $21M $21.53 $8M +85,156 +9.7%
50 PDFS 0.77% 954,361 $20M $21.38 $3M +29,583 +3.2%
51 ALGT 0.72% 345,731 $19M $54.95 $4M +47,445 +15.9%
52 OSW 0.71% 925,263 $19M $20.39 $7M +245,085 +36.0%
53 ATEC 0.70% 1,684,334 $19M $11.10 $2M +60,885 +3.8%
54 CVLT 0.70% 106,424 $19M $174.33 $6M +24,925 +30.6%
55 LIF 0.69% 281,229 $18M $65.25 $8M +10,412 +3.8%
56 AMSC 0.69% 500,054 $18M $36.69 $18M +461,335 +1191.5%
57 ETNB 0.68% 1,844,370 $18M $9.82 $7M +293,699 +18.9%
58 SEI 0.68% 638,377 $18M $28.29 $3M -59,611 -8.5%
59 GTLS 0.68% 108,998 $18M $164.65 -$18M -137,039 -55.7%
60 CORT 0.67% 242,053 $18M $73.40 $11M +179,871 +289.3%
61 RSI 0.67% 1,191,821 $18M $14.90 $10M +434,344 +57.3%
62 RHP 0.67% 179,547 $18M $98.67 $2M +6,669 +3.9%
63 PI 0.66% 157,919 $18M $111.07 $4M +5,770 +3.8%
64 ESE 0.64% 89,040 $17M $191.87 +89,040 NEW
65 RARE 0.63% 461,402 $17M $36.36 -$2M -54,826 -10.6%
66 FORM 0.61% 473,983 $16M $34.41 $171K -96,478 -16.9%
67 MDGL 0.61% 53,108 $16M $302.64 $204K +5,199 +10.8%
68 AAOI 0.60% 620,281 $16M $25.69 $7M +23,905 +4.0%
69 AKRO 0.59% 291,692 $16M $53.36 $4M -2,710 -0.9%
70 MIRM 0.59% 305,766 $16M $50.89 +305,766 NEW
71 NSSC 0.58% 519,760 $15M $29.69 $6M +111,275 +27.2%
72 PTLO 0.57% 1,293,491 $15M $11.67 $282K +47,637 +3.8%
73 ARHS 0.57% 1,730,371 $15M $8.67 $498K +63,243 +3.8%
74 EVER 0.56% 619,585 $15M $24.18 $3M +175,884 +39.6%
75 KLIC 0.54% 412,622 $14M $34.60 $1M +16,654 +4.2%
76 TREE 0.53% 381,978 $14M $37.07 -$5M +3,415 +0.9%
77 LPX 0.53% 163,629 $14M $85.99 -$8M -73,550 -31.0%
78 SOC 0.51% 611,613 $13M $21.98 $6M +320,589 +110.2%
79 SKYT 0.51% 1,362,983 $13M $9.84 $6M +362,267 +36.2%
80 ONTO 0.49% 130,150 $13M $100.93 +130,150 NEW
81 IONQ 0.49% 301,357 $13M $42.97 +301,357 NEW
82 ACAD 0.48% 592,358 $13M $21.57 -$775K -223,547 -27.4%
83 ITGR 0.48% 103,824 $13M $122.97 $12M +97,501 +1542.0%
84 STRL 0.48% 54,955 $13M $230.73 +54,955 NEW
85 WSBC 0.46% 383,527 $12M $31.63 $712K +14,711 +4.0%
86 AXSM 0.44% 112,469 $12M $104.39 +112,469 NEW
87 EE 0.44% 400,393 $12M $29.32 +400,393 NEW
88 KALV 0.44% 1,038,049 $12M $11.31 $1M +139,859 +15.6%
89 CCOI 0.44% 243,212 $12M $48.21 -$3M +10,940 +4.7%
90 TRIN 0.44% 829,710 $12M $14.07 -$435K +30,949 +3.9%
91 FIVE 0.44% 88,558 $12M $131.18 $11M +86,728 +4739.2%
92 RXO 0.43% 731,600 $12M $15.72 -$5M -123,386 -14.4%
93 PWP 0.42% 568,206 $11M $19.42 $4M +164,926 +40.9%
94 COGT 0.39% 1,445,774 $10M $7.18 +1,445,774 NEW
95 BOW 0.35% 244,864 $9M $37.53 -$398K +9,011 +3.8%
96 MARA 0.34% 579,571 $9M $15.68 $5M +252,864 +77.4%
97 BE 0.34% 375,796 $9M $23.92 $2M +15,382 +4.3%
98 ASIC 0.32% 400,022 $9M $21.52 +400,022 NEW
99 SYRE 0.32% 565,863 $8M $14.97 -$368K +18,036 +3.3%
100 NVDA 0.32% 53,270 $8M $157.99 $3M -940 -1.7%

New Positions

SymbolValue% Port
MRCY $25M 0.93%
ESE $17M 0.64%
MIRM $16M 0.59%
ONTO $13M 0.49%
IONQ $13M 0.49%
STRL $13M 0.48%
AXSM $12M 0.44%
EE $12M 0.44%
COGT $10M 0.39%
ASIC $9M 0.32%
QBTS $8M 0.31%
FWRG $6M 0.23%
OMDA $5M 0.19%
SLDE $708K 0.03%
BWXT $662K 0.02%

Sold Out Positions

SymbolValue% Port
ESTC —%
IBP —%
XPRO —%
CRK —%
SN —%
S —%
ONT —%
NOG —%
TDW —%
U —%
STC —%
ASML —%
WTTR —%
APP —%
CVRX —%
View SEC EDGAR Filings for EMERALD ADVISERS, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms