EMERALD ADVISERS, LLC
13F Reported Value
ⓘ$4.2B
Holdings
237
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
EMERALD ADVISERS, LLC disclosed 237 positions worth $4.2B in its Form 13F-HR for Q2 2026, led by $TVTX (Travere Therapeutics, Inc.) at 2.1% of the equity portfolio, followed by $CDNL and $MRCY. During the quarter the fund opened 26 new positions and exited 39 — including a new stake in $LGN and a full exit from $BBIO. The portfolio is most concentrated in Technology (35.6% of disclosed assets). All figures are sourced directly from EMERALD ADVISERS, LLC’s Form 13F-HR filing with the SEC under CIK 1015083.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 56.6#1,149
Quality
$90.9M1,600,886 sh - 56.4#1,180
Quality
$79.9M847,969 sh - 47.8#1,760
Quality
$78.1M638,682 sh - 60.8
Quality
$74.6M521,919 sh - 56.5
Quality
$73.8M323,152 sh - 57.2
Quality
$73.8M551,535 sh - 81.4
Quality
$71.3M89,296 sh - 24.6
Quality
$66.9M736,784 sh - 57.8
Quality
$65.1M748,325 sh - —
Quality
$64.7M787,101 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Travere Therapeutics, Inc.$TVTX | 56.6#1,149 | $90.9M | 1,600,886 |
 Cardinal Infrastructure Group Inc.$CDNL | 56.4#1,180 | $79.9M | 847,969 |
 MERCURY SYSTEMS INC$MRCY | 47.8#1,760 | $78.1M | 638,682 |
 AAR CORP$AIR | 60.8 | $74.6M | 521,919 |
 VSE CORP$VSEC | 56.5 | $73.8M | 323,152 |
 KULICKE & SOFFA INDUSTRIES INC$KLIC | 57.2 | $73.8M | 551,535 |
 ARGAN INC$AGX | 81.4 | $71.3M | 89,296 |
 CECO ENVIRONMENTAL CORP$CECO | 24.6 | $66.9M | 736,784 |
 CORCEPT THERAPEUTICS INC$CORT | 57.8 | $65.1M | 748,325 |
 LivaNova PLC$LIVN | — | $64.7M | 787,101 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of EMERALD ADVISERS, LLC's 237 positions.
Showing top 10 of 237 holdings.
Sector Allocation
Technology
$1.5B
Healthcare
$922.2M
Industrials
$800.2M
Financials
$358.7M
Consumer Discretionary
$229.1M
Energy
$131.1M
Communication Services
$113.7M
Materials
$60.6M
Top Holdings — EMERALD ADVISERS, LLC (Q2 2026)
Top 150 of 237 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $TVTX | Travere Therapeutics, Inc. | $90.9M | 2.1% | +3% | 56.6 |
| 2 | $CDNL | Cardinal Infrastructure Group Inc. | $79.9M | 1.9% | +47% | 56.4 |
| 3 | $MRCY | MERCURY SYSTEMS INC | $78.1M | 1.8% | +7% | 47.8 |
| 4 | $AIR | AAR CORP | $74.6M | 1.8% | +17% | 60.8 |
| 5 | $VSEC | VSE CORP | $73.8M | 1.7% | +3% | 56.5 |
| 6 | $KLIC | KULICKE & SOFFA INDUSTRIES INC | $73.8M | 1.7% | -3% | 57.2 |
| 7 | $AGX | ARGAN INC | $71.3M | 1.7% | -6% | 81.4 |
| 8 | $CECO | CECO ENVIRONMENTAL CORP | $66.9M | 1.6% | +41% | 24.6 |
| 9 | $CORT | CORCEPT THERAPEUTICS INC | $65.1M | 1.5% | +264% | 57.8 |
| 10 | $LIVN | LivaNova PLC | $64.7M | 1.5% | +17% | — |
| 11 |  $SMTC | SEMTECH CORP | $63.6M | 1.5% | -14% | 55.9 |
| 12 |  $IDCC | InterDigital, Inc. | $63.3M | 1.5% | +115% | 65 |
| 13 |  $ESE | ESCO TECHNOLOGIES INC | $62.9M | 1.5% | +11% | 70 |
| 14 |  $ACLS | AXCELIS TECHNOLOGIES INC | $62.6M | 1.5% | +243% | 37.7 |
| 15 |  $PDFS | PDF SOLUTIONS INC | $62.6M | 1.5% | +3% | 56.5 |
| 16 |  $PLXS | PLEXUS CORP | $62.5M | 1.5% | +25% | 62.5 |
| 17 |  $COHU | COHU INC | $62.4M | 1.5% | +8% | 38.3 |
| 18 |  $COGT | Cogent Biosciences, Inc. | $62.0M | 1.5% | +1% | — |
| 19 |  $ALGT | Allegiant Travel CO | $55.9M | 1.3% | +41% | 51.5 |
| 20 |  $LGN | Legence Corp. | $55.7M | 1.3% | NEW | 64.1 |
| 21 |  $MIRM | Mirum Pharmaceuticals, Inc. | $54.8M | 1.3% | +18% | 35 |
| 22 |  $GH | Guardant Health, Inc. | $54.6M | 1.3% | -57% | 39 |
| 23 |  $MOD | MODINE MANUFACTURING CO | $54.1M | 1.3% | -46% | 56.3 |
| 24 |  $AX | Axos Financial, Inc. | $52.2M | 1.2% | +8% | 60.3 |
| 25 |  $SEI | Solaris Energy Infrastructure, Inc. | $51.5M | 1.2% | +8% | 56.4 |
| 26 |  $LASR | NLIGHT, INC. | $51.3M | 1.2% | -1% | 54.1 |
| 27 |  $SYRE | Spyre Therapeutics, Inc. | $50.4M | 1.2% | -7% | — |
| 28 |  $UMBF | UMB FINANCIAL CORP | $49.4M | 1.2% | +29% | 77.3 |
| 29 |  $BOOT | Boot Barn Holdings, Inc. | $49.3M | 1.2% | +44% | 62.6 |
| 30 |  $RSI | Rush Street Interactive, Inc. | $48.8M | 1.1% | +4% | 66.4 |
| 31 |  $SXT | SENSIENT TECHNOLOGIES CORP | $48.7M | 1.1% | NEW | 52.2 |
| 32 |  $BLLN | BillionToOne, Inc. | $45.1M | 1.1% | +57% | 61.9 |
| 33 |  $AGYS | AGILYSYS INC | $44.7M | 1.1% | +32% | 63.4 |
| 34 |  $ATRO | ASTRONICS CORP | $41.8M | 1.0% | +14% | 61.3 |
| 35 |  $TTMI | TTM TECHNOLOGIES INC | $41.4M | 1.0% | -70% | 62.6 |
| 36 |  $COMP | Compass, Inc. | $40.6M | 1.0% | +24% | 61.2 |
| 37 |  $FRPT | Freshpet, Inc. | $39.8M | 0.9% | +40% | 61.1 |
| 38 |  $LTH | Life Time Group Holdings, Inc. | $39.7M | 0.9% | +48% | 60.9 |
| 39 |  $FA | FIRST ADVANTAGE CORP | $39.5M | 0.9% | +91% | 66.2 |
| 40 |  $TEX | TEREX CORP | $39.5M | 0.9% | NEW | 58.6 |
| 41 |  $CYTK | CYTOKINETICS INC | $39.0M | 0.9% | +130% | 28.1 |
| 42 |  $IPGP | IPG PHOTONICS CORP | $38.3M | 0.9% | +7% | 41.6 |
| 43 |  $EYE | National Vision Holdings, Inc. | $38.1M | 0.9% | +34% | 52.5 |
| 44 |  $DIOD | DIODES INC /DEL/ | $37.8M | 0.9% | +91% | 52.1 |
| 45 |  $HRI | HERC HOLDINGS INC | $37.4M | 0.9% | NEW | 65.3 |
| 46 |  $SYNA | SYNAPTICS Inc | $37.1M | 0.9% | -10% | 36.6 |
| 47 |  $MXL | MAXLINEAR, INC | $35.9M | 0.8% | NEW | 33.1 |
| 48 |  $MANE | Veradermics, Inc | $35.5M | 0.8% | +118% | — |
| 49 |  $VRNS | VARONIS SYSTEMS INC | $35.3M | 0.8% | -3% | 46.2 |
| 50 |  $PVLA | PALVELLA THERAPEUTICS, INC. | $35.1M | 0.8% | +42% | — |
| 51 |  $TTI | TETRA TECHNOLOGIES INC | $35.0M | 0.8% | +16% | 38.3 |
| 52 |  $AMSC | AMERICAN SUPERCONDUCTOR CORP /DE/ | $35.0M | 0.8% | +11% | 66 |
| 53 |  $MC | Moelis & Co | $34.8M | 0.8% | -3% | — |
| 54 |  $KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS, INC. | $34.8M | 0.8% | -17% | 44.6 |
| 55 |  $OLLI | Ollie's Bargain Outlet Holdings, Inc. | $34.2M | 0.8% | +28% | 63.4 |
| 56 |  $RMBS | RAMBUS INC | $33.5M | 0.8% | -49% | 70.2 |
| 57 |  $TRVI | Trevi Therapeutics, Inc. | $33.5M | 0.8% | -2% | — |
| 58 |  $ONTO | ONTO INNOVATION INC. | $33.2M | 0.8% | -26% | 61.9 |
| 59 |  $IMAX | IMAX CORP | $33.0M | 0.8% | -2% | 59.6 |
| 60 |  $TMDX | TransMedics Group, Inc. | $32.6M | 0.8% | +43% | 67.2 |
| 61 |  $RXO | RXO, Inc. | $32.4M | 0.8% | +168% | 50.2 |
| 62 |  $PLMR | Palomar Holdings, Inc. | $31.4M | 0.7% | -17% | 70 |
| 63 |  $AAOI | APPLIED OPTOELECTRONICS, INC. | $31.3M | 0.7% | -51% | 40.1 |
| 64 |  $BJRI | BJs RESTAURANTS INC | $31.2M | 0.7% | -3% | 52.4 |
| 65 |  $TBBK | Bancorp, Inc. | $29.9M | 0.7% | -3% | 61.1 |
| 66 |  $HNGE | Hinge Health, Inc. | $29.8M | 0.7% | +29% | 74.9 |
| 67 |  $AVAV | AeroVironment Inc | $29.1M | 0.7% | -2% | 42 |
| 68 |  $CVLT | COMMVAULT SYSTEMS INC | $28.1M | 0.7% | +1% | 62.3 |
| 69 |  $MTRN | MATERION Corp | $27.6M | 0.7% | NEW | 59 |
| 70 |  $QBTS | D-Wave Quantum Inc. | $27.5M | 0.7% | +112% | 27.9 |
| 71 |  $ARLO | Arlo Technologies, Inc. | $27.3M | 0.6% | +0% | 56.4 |
| 72 |  $NKTR | NEKTAR THERAPEUTICS | $27.2M | 0.6% | -1% | 9.7 |
| 73 |  $CUBB | Customers Bancorp, Inc. | $26.5M | 0.6% | -2% | — |
| 74 |  $AXSM | Axsome Therapeutics, Inc. | $25.5M | 0.6% | -3% | 40.8 |
| 75 |  $BOBS | Bob's Discount Furniture, Inc. | $25.4M | 0.6% | +19% | — |
| 76 |  $PIPR | PIPER SANDLER COMPANIES | $25.3M | 0.6% | -3% | 72.6 |
| 77 |  $PI | IMPINJ INC | $25.3M | 0.6% | -3% | 41.1 |
| 78 |  $NPKI | NPK International Inc. | $25.0M | 0.6% | NEW | 62.9 |
| 79 | — | HAPPEN INC - COM | $24.8M | 0.6% | +29% | — |
| 80 |  $EVLV | Evolv Technologies Holdings, Inc. | $24.5M | 0.6% | -2% | 56.7 |
| 81 |  $MIR | Mirion Technologies, Inc. | $24.5M | 0.6% | -1% | 59 |
| 82 |  $DNTH | Dianthus Therapeutics, Inc. /DE/ | $24.2M | 0.6% | NEW | 22.6 |
| 83 |  $OSW | ONESPAWORLD HOLDINGS Ltd | $24.1M | 0.6% | -4% | — |
| 84 |  $RDNT | RadNet, Inc. | $22.8M | 0.5% | -3% | 58.6 |
| 85 |  $POWI | POWER INTEGRATIONS INC | $22.1M | 0.5% | +128% | 45.2 |
| 86 |  $SKWD | Skyward Specialty Insurance Group, Inc. | $21.8M | 0.5% | -40% | 71.1 |
| 87 |  $SBCF | SEACOAST BANKING CORP OF FLORIDA | $21.7M | 0.5% | +30% | 62 |
| 88 |  $AMBQ | Ambiq Micro, Inc. | $21.5M | 0.5% | NEW | 30.1 |
| 89 |  $HIMS | Hims & Hers Health, Inc. | $21.1M | 0.5% | NEW | 53.4 |
| 90 |  $ARHS | Arhaus, Inc. | $20.0M | 0.5% | +29% | 50.7 |
| 91 |  $FWRG | First Watch Restaurant Group, Inc. | $19.7M | 0.5% | +61% | 51.9 |
| 92 |  $SVRA | Savara Inc | $19.4M | 0.5% | -7% | — |
| 93 |  $EE | Excelerate Energy, Inc. | $18.4M | 0.4% | +54% | 52 |
| 94 |  $ATEC | Alphatec Holdings, Inc. | $18.2M | 0.4% | +16% | 43.3 |
| 95 |  $ALMR | Alamar Biosciences, Inc. | $17.5M | 0.4% | NEW | — |
| 96 |  $CCB | COASTAL FINANCIAL CORP | $16.8M | 0.4% | -2% | 40.3 |
| 97 |  $VC | VISTEON CORP | $16.1M | 0.4% | +47% | 46 |
| 98 |  $EVER | EverQuote, Inc. | $15.5M | 0.4% | -6% | 68.4 |
| 99 |  $QTWO | Q2 Holdings, Inc. | $15.3M | 0.4% | -1% | 63.8 |
| 100 |  $LPTH | LIGHTPATH TECHNOLOGIES INC | $15.3M | 0.4% | NEW | 34.1 |
| 101 |  $TREE | LendingTree, Inc. | $14.8M | 0.3% | -1% | 71.9 |
| 102 |  $WSBC | WESBANCO INC | $14.8M | 0.3% | NEW | 75.2 |
| 103 |  $AVAH | Aveanna Healthcare Holdings, Inc. | $14.1M | 0.3% | -3% | 65.6 |
| 104 |  $TRIN | Trinity Capital Inc. | $13.3M | 0.3% | -3% | — |
| 105 |  $WHK | WhiteHawk Minerals Corp. | $11.6M | 0.3% | NEW | — |
| 106 |  $NVDA | NVIDIA CORP | $11.4M | 0.3% | +10% | 85.9 |
| 107 |  $AVEX | AEVEX Corp. | $11.3M | 0.3% | NEW | — |
| 108 |  $CRVS | Corvus Pharmaceuticals, Inc. | $10.2M | 0.2% | -0% | — |
| 109 |  $DAVE | Dave Inc./DE | $10.1M | 0.2% | NEW | 80.2 |
| 110 |  $VRDN | Viridian Therapeutics, Inc.\DE | $9.9M | 0.2% | NEW | 27.2 |
| 111 |  $DFTX | Definium Therapeutics, Inc. | $8.4M | 0.2% | NEW | — |
| 112 |  $AMBA | AMBARELLA INC | $8.3M | 0.2% | NEW | 42.5 |
| 113 |  $FLOC | Flowco Holdings Inc. | $8.2M | 0.2% | -1% | 65.3 |
| 114 | $ATRO | ASTRONICS CORP | $7.9M | 0.2% | NEW | 61.3 |
| 115 |  $WVE | Wave Life Sciences, Inc. | $7.1M | 0.2% | -3% | 7.5 |
| 116 |  $MTUS | Metallus Inc. | $6.8M | 0.2% | -3% | 32.9 |
| 117 |  $HAWK | HawkEye 360, Inc. | $6.6M | 0.1% | NEW | — |
| 118 |  $GOOG | Alphabet Inc. | $6.3M | 0.1% | +10% | 78.2 |
| 119 |  $BRCB | Black Rock Coffee Bar, Inc. | $6.2M | 0.1% | -1% | 44.4 |
| 120 |  $AAPL | Apple Inc. | $5.9M | 0.1% | +4% | 76.4 |
| 121 |  $CRDO | Credo Technology Group Holding Ltd | $5.3M | 0.1% | -96% | 55.1 |
| 122 |  $MSFT | MICROSOFT CORP | $4.8M | 0.1% | -3% | 79.8 |
| 123 |  $HTFL | Heartflow, Inc. | $4.5M | 0.1% | -30% | 34.3 |
| 124 |  $AVGO | Broadcom Inc. | $4.2M | 0.1% | +2% | 84.5 |
| 125 |  $EROC | ERock, Inc. | $4.1M | 0.1% | NEW | — |
| 126 |  $MTZ | MASTEC INC | $3.3M | 0.1% | -6% | 58.8 |
| 127 |  $DDOG | Datadog, Inc. | $3.3M | 0.1% | +23% | 71.4 |
| 128 |  $ATI | ATI INC | $3.1M | 0.1% | -91% | 63.1 |
| 129 |  $TTWO | TAKE TWO INTERACTIVE SOFTWARE INC | $3.1M | 0.1% | +15% | 55.6 |
| 130 |  $AMZN | AMAZON COM INC | $2.9M | 0.1% | -30% | 68.7 |
| 131 |  $LITE | Lumentum Holdings Inc. | $2.6M | 0.1% | +0% | 44.3 |
| 132 |  $META | Meta Platforms, Inc. | $2.5M | 0.1% | +1% | 79.6 |
| 133 |  $BE | Bloom Energy Corp | $2.4M | 0.1% | -99% | 66.2 |
| 134 |  $FTAI | FTAI Aviation Ltd. | $1.9M | 0.1% | +1% | — |
| 135 |  $GOOGL | Alphabet Inc. | $1.9M | 0.0% | NEW | 78.2 |
| 136 |  $SLDE | Slide Insurance Holdings, Inc. | $1.7M | 0.0% | +0% | 78.1 |
| 137 |  $INSM | INSMED Inc | $1.6M | 0.0% | +27% | 39.4 |
| 138 |  $LLY | ELI LILLY & Co | $1.6M | 0.0% | -1% | 87.5 |
| 139 |  $BWXT | BWX Technologies, Inc. | $1.5M | 0.0% | +15% | 63.8 |
| 140 |  $TRGP | Targa Resources Corp. | $1.4M | 0.0% | +0% | 63.3 |
| 141 |  $AXON | AXON ENTERPRISE, INC. | $1.3M | 0.0% | +56% | 56.6 |
| 142 |  $BIIB | BIOGEN INC. | $1.3M | 0.0% | -1% | 64.7 |
| 143 |  $XPO | XPO, Inc. | $1.3M | 0.0% | -0% | 58.4 |
| 144 |  $FCBM | First Carolina Financial Services, Inc. | $1.2M | 0.0% | NEW | — |
| 145 |  $SNOW | Snowflake Inc. | $1.2M | 0.0% | +2268% | 54.9 |
| 146 |  $TJX | TJX COMPANIES INC /DE/ | $1.1M | 0.0% | -1% | 68.7 |
| 147 |  $MPB | MID PENN BANCORP INC | $1.1M | 0.0% | +0% | 63.4 |
| 148 |  $PANW | Palo Alto Networks Inc | $1.1M | 0.0% | -1% | 65.5 |
| 149 |  $FICO | FAIR ISAAC CORP | $1.0M | 0.0% | +25% | 77.7 |
| 150 |  $NET | Cloudflare, Inc. | $1.0M | 0.0% | +0% | 56.4 |
New Positions (26)
$LGN Legence Corp.$55.7M$SXT SENSIENT TECHNOLOGIES CORP$48.7M$TEX TEREX CORP$39.5M$HRI HERC HOLDINGS INC$37.4M$MXL MAXLINEAR, INC$35.9M$MTRN MATERION Corp$27.6M$NPKI NPK International Inc.$25.0M$DNTH Dianthus Therapeutics, Inc. /DE/$24.2M$AMBQ Ambiq Micro, Inc.$21.5M$HIMS Hims & Hers Health, Inc.$21.1M$ALMR Alamar Biosciences, Inc.$17.5M$LPTH LIGHTPATH TECHNOLOGIES INC$15.3M$WHK WhiteHawk Minerals Corp.$11.6M$AVEX AEVEX Corp.$11.3M$DAVE Dave Inc./DE$10.1MExited Positions (39)
$BBIO BridgeBio Pharma, Inc.
$SPXC SPX Technologies, Inc.
$KALV KalVista Pharmaceuticals, Inc.
$SITM SITIME Corp
$IONQ IonQ, Inc.
$SLNO SOLENO THERAPEUTICS INC
$SKYT SkyWater Technology, LLC
$BYRN Byrna Technologies Inc.
$VRT Vertiv Holdings Co
$FOUR Shift4 Payments, Inc.
$AII American Integrity Insurance Group, Inc.
$NCLH Norwegian Cruise Line Holdings Ltd.
$ACAD ACADIA PHARMACEUTICALS INC
$ROKU ROKU, INC
$TSLA Tesla, Inc.Browse Top Institutional Investors
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