Q2 2026 13F · SEC CIK 1015083

Emerald Advisers, LLC

Institutional asset managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $4.2B
Reported positions: 237
Top holdings a year, 3 yrs: +43.2%
Assets under management: $3.3B

Emerald Advisers, LLC is an institutional asset manager that reported 237 positions worth $4.2B in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Travere Therapeutics Inc (TVTX, 2.1%), Cardinal Infrastructure Group (CDNL, 1.9%), Mercury Systems Inc (MRCY, 1.8%). A portfolio copying its top holdings returned 43.2% a year over the last 3 years, against 20.4% for the S&P 500.

Emerald Advisers, LLC holdings largest 50 of 237 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Emerald Advisers, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TVTXTravere Therapeutics Inc	2.1%	1.5%	1,600,886	+2.8%	$90.9M
CDNLCardinal Infrastructure Group	1.9%	—	847,969	—	$79.9M
MRCYMercury Systems Inc	1.8%	1.4%	638,682	+7.3%	$78.1M
AIRAar Corp	1.8%	1.5%	521,919	+17.1%	$74.6M
VSECVse Corp	1.7%	1.8%	323,152	+2.7%	$73.8M
KLICKulicke & Soffa Inds Inc	1.7%	1.2%	551,535	-3.1%	$73.8M
AGXArgan, Inc.	1.7%	1.6%	89,296	-6.3%	$71.3M
CECOCeco Environmental Corp	1.6%	1.0%	736,784	+40.9%	$66.9M
CORTCorcept Therapeutics Inc Com	1.5%	—	748,325	—	$65.1M
LIVNLivanova PLC	1.5%	1.3%	787,101	+17.4%	$64.7M
SMTCSemtech Corp	1.5%	1.1%	393,030	-14.0%	$63.6M
IDCCInterdigital Inc	1.5%	1.0%	223,517	+114.8%	$63.3M
ESEEsco Technologies Inc	1.5%	1.4%	179,798	+10.5%	$62.9M
ACLSAxcelis Technologies Inc	1.5%	—	330,469	—	$62.6M
PDFSPdf Solutions Inc	1.5%	0.9%	884,294	+2.7%	$62.6M
PLXSPlexus Corp	1.5%	1.1%	207,712	+24.7%	$62.5M
COHUCohu Inc	1.5%	—	843,627	—	$62.4M
COGTCogent Biosciences Inc	1.5%	1.9%	1,603,319	+1.0%	$62.0M
ALGTAllegiant Travel Co	1.3%	0.9%	475,112	+40.6%	$55.9M
LGNLegence Corp	1.3%	—	653,788	—	$55.7M
MIRMMirum Pharmaceuticals Inc	1.3%	1.2%	468,295	+17.9%	$54.8M
GHGuardant Health Inc	1.3%	2.5%	364,022	-56.8%	$54.6M
MODModine Mfg Co	1.3%	2.6%	202,754	-46.4%	$54.1M
AXAxos Financial Inc	1.2%	1.3%	536,162	+8.0%	$52.2M
SOISolaris Energy Infras Inc	1.2%	1.1%	640,616	+7.7%	$51.5M
LASRNlight Inc	1.2%	1.3%	736,848	-1.3%	$51.3M
SYRESpyre Therapeutics	1.2%	1.0%	567,430	-7.5%	$50.4M
UMBFUmb Finl Corp	1.2%	1.0%	345,687	+29.3%	$49.4M
BOOTBoot Barn Holdings Inc	1.2%	1.0%	300,226	+44.0%	$49.3M
RSIRush Street Interactive Inc	1.1%	1.1%	1,639,592	+4.2%	$48.8M
SXTSensient Technologies Corp	1.1%	—	394,927	—	$48.7M
BLLNBilliontoone Inc	1.1%	—	375,858	—	$45.1M
AGYSAgilysys Inc	1.1%	—	427,845	—	$44.7M
ATROAstronics Corp	1.0%	0.9%	513,984	+14.4%	$41.8M
TTMITTM Technologies, Inc.	1.0%	2.3%	221,627	-70.5%	$41.4M
COMPCompass Inc	1.0%	—	3,296,616	—	$40.6M
FRPTFreshpet Inc	0.9%	0.9%	673,730	+40.2%	$39.8M
LTHLife Time Group Holdings Inc	0.9%	—	971,490	—	$39.7M
FAFirst Advantage Corp	0.9%	—	2,188,875	—	$39.5M
TEXTerex Corp New	0.9%	—	545,046	—	$39.5M
CYTKCytokinetics Inc	0.9%	—	457,956	—	$39.0M
IPGPIpg Photonics Corp	0.9%	1.1%	326,701	+7.1%	$38.3M
EYENational Vision Holdings	0.9%	1.2%	2,006,691	+33.5%	$38.1M
DIODDiodes Incorporated	0.9%	—	345,473	—	$37.8M
HRIHerc Holdings Inc	0.9%	—	261,155	—	$37.4M
SYNASynaptics Inc	0.9%	—	298,552	—	$37.1M
MXLMaxlinear Inc	0.8%	—	280,350	—	$35.9M
MANEVeradermics Inc	0.8%	—	288,370	—	$35.5M
VRNSVaronis Systems Inc	0.8%	—	841,193	—	$35.3M
PVLAPalvella Therapeutics Inc	0.8%	—	229,486	—	$35.1M

What Emerald Advisers, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +61.5% /yr; S&P 500 +20.1%
3 years: +43.2% /yr; S&P 500 +20.4%
5 years: +15.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$4.2B	237
Q1 2026	$3.2B	248
Q4 2025	$3.2B	246
Q3 2025	$3.1B	256
Q2 2025	$2.7B	248
Q1 2025	$2.2B	243
Q4 2024	$2.6B	254
Q3 2024	$2.6B	248
Q2 2024	$2.4B	247
Q1 2024	$2.5B	243
Q4 2023	$2.3B	242
Q3 2023	$2.1B	232

Questions about Emerald Advisers, LLC's portfolio

What stocks does Emerald Advisers, LLC own?

Emerald Advisers, LLC's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 237 positions worth $4.2B. The largest are Travere Therapeutics Inc (TVTX) at 2.1%, Cardinal Infrastructure Group (CDNL) at 1.9%, Mercury Systems Inc (MRCY) at 1.8%, Aar Corp (AIR) at 1.8% and Vse Corp (VSEC) at 1.7%.

What did Emerald Advisers, LLC buy last quarter?

In Q2 2026, Emerald Advisers, LLC added Interdigital Inc (IDCC) (+114.8% shares), Boot Barn Holdings Inc (BOOT) (+44.0% shares) and Ceco Environmental Corp (CECO) (+40.9% shares), compared with its Q1 2026 filing.

What did Emerald Advisers, LLC sell last quarter?

In Q2 2026, Emerald Advisers, LLC cut from its top 50 Bloom Energy Corp (BE), cut from its top 50 Kratos Defense & Sec Solutio (KTOS), cut from its top 50 Fabrinet (FN), cut from its top 50 Credo Technology Group Holdi (CRDO), cut from its top 50 Rambus Inc Del (RMBS), TTM Technologies, Inc. (TTMI) (-70.5% shares), Guardant Health Inc (GH) (-56.8% shares) and Modine Mfg Co (MOD) (-46.4% shares), compared with its Q1 2026 filing.

How has Emerald Advisers, LLC's portfolio performed?

A portfolio copying Emerald Advisers, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +43.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +61.5% against +20.1%. Over 5 years: +15.9% a year against +11.6%.

When is Emerald Advisers, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Emerald Advisers, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Emerald Advisers, LLC manage?

Emerald Advisers, LLC reported $3.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $4.2B.