EMERALD ADVISERS, LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| COGENT BIOSCIENCES INC | 1,579,496 | 1,583,346 | +3,850 | 22,681,563 | 56,240,450 | +33,558,887 |
| GUARDANT HEALTH INC | 873,203 | 861,824 | -11,379 | 54,557,723 | 88,026,703 | +33,468,980 |
| PIPER SANDLER CO | 0 | 82,407 | +82,407 | 0 | 27,994,482 | +27,994,482 |
| TETRA TECHNOLOGIES | 249,409 | 2,855,302 | +2,605,893 | 1,434,102 | 26,754,180 | +25,320,078 |
| SYNAPTICS INC | 0 | 339,113 | +339,113 | 0 | 25,101,144 | +25,101,144 |
| TREVI THERAPEUTICS | 0 | 1,892,276 | +1,892,276 | 0 | 23,691,296 | +23,691,296 |
| CECO ENVIRONMENTAL CORP | 119,407 | 458,525 | +339,118 | 6,113,638 | 27,442,721 | +21,329,083 |
| IMAX CORP | 329,172 | 853,822 | +524,650 | 10,780,383 | 31,557,261 | +20,776,878 |
| WAVE LIFE SCIENCES LTD | 2,996,900 | 2,455,089 | -541,811 | 21,937,308 | 41,736,513 | +19,799,205 |
| LUMEXA IMAGING HOLDINGS INC | 0 | 932,889 | +932,889 | 0 | 17,258,447 | +17,258,447 |
| BILLIONTOONE INC | 0 | 188,949 | +188,949 | 0 | 15,463,586 | +15,463,586 |
| NLIGHT INC | 486,481 | 781,877 | +295,396 | 14,414,432 | 29,328,206 | +14,913,774 |
| AVEANNA HEALTHCARE HOLDINGS | 0 | 1,748,725 | +1,748,725 | 0 | 14,287,083 | +14,287,083 |
| LIVANOVA PLC | 551,162 | 700,948 | +149,786 | 28,869,866 | 43,129,330 | +14,259,464 |
| ASTRONICS CORP | 0 | 242,727 | +242,727 | 0 | 13,165,512 | +13,165,512 |
| CARDINAL INFRASTRUCTURE GROUP | 0 | 513,355 | +513,355 | 0 | 12,412,924 | +12,412,924 |
| SPYRE THERAPEUTICS | 548,712 | 636,109 | +87,397 | 9,196,413 | 20,838,931 | +11,642,518 |
| LENDINGCLUB CORP | 211,874 | 778,208 | +566,334 | 3,218,366 | 14,739,260 | +11,520,894 |
| VSE CORPORATION | 223,291 | 279,543 | +56,252 | 37,119,896 | 48,296,644 | +11,176,748 |
| COASTAL FINANCIAL CORP | 59,086 | 152,755 | +93,669 | 6,391,333 | 17,504,195 | +11,112,862 |
| ALPHATEC HOLDINGS INC | 1,638,882 | 1,637,729 | -1,153 | 23,829,344 | 34,457,818 | +10,628,474 |
| MOELIS & CO | 451,497 | 615,594 | +164,097 | 32,200,766 | 42,315,932 | +10,115,166 |
| EVOLV TECHNOLOGIES | 2,619,822 | 4,171,243 | +1,551,421 | 19,779,656 | 29,866,100 | +10,086,444 |
| ATI Inc | 313,088 | 307,552 | -5,536 | 25,466,578 | 35,294,668 | +9,828,090 |
| KULICKE AND SOFFA INDUSTRIES | 362,610 | 539,114 | +176,504 | 14,736,470 | 24,562,034 | +9,825,564 |
| TRAVERE THERAPEUTICS INC | 2,146,767 | 1,594,184 | -552,583 | 51,307,731 | 60,913,771 | +9,606,040 |
| ACADIA PHARMACEUTICALS INC | 569,671 | 811,197 | +241,526 | 12,156,779 | 21,667,072 | +9,510,293 |
| FABRINET | 110,673 | 109,289 | -1,384 | 40,353,589 | 49,757,096 | +9,403,507 |
| CUSTOMERS BANCORP INC | 231,753 | 330,310 | +98,557 | 15,149,694 | 24,152,267 | +9,002,573 |
| SAVARA INC | 3,529,324 | 3,495,496 | -33,828 | 12,599,687 | 21,077,841 | +8,478,154 |
| APPLIED OPTOELECTRONICS INC | 609,645 | 670,577 | +60,932 | 15,808,095 | 23,376,314 | +7,568,219 |
| ARGAN INC | 86,532 | 98,072 | +11,540 | 23,367,967 | 30,727,919 | +7,359,952 |
| UMB FINANCIAL CORP | 209,563 | 275,296 | +65,733 | 24,801,795 | 31,670,044 | +6,868,249 |
| COLLEGIUM PHARMACEUTICAL INC | 639,694 | 629,344 | -10,350 | 22,382,893 | 29,138,627 | +6,755,734 |
| AXSOME THERAPEUTICS INC | 108,942 | 108,082 | -860 | 13,231,006 | 19,740,096 | +6,509,090 |
| SEACOAST BANKING CORPORATION OF FLORIDA | 0 | 191,651 | +191,651 | 0 | 6,021,674 | +6,021,674 |
| CARPENTER TECHNOLOGY CORP | 94,819 | 92,448 | -2,371 | 23,281,857 | 29,106,328 | +5,824,471 |
| COMPASS INC | 1,587,893 | 1,739,511 | +151,618 | 12,750,781 | 18,386,631 | +5,635,850 |
| PALOMAR HOLDINGS INC | 301,002 | 301,964 | +962 | 35,141,984 | 40,692,669 | +5,550,685 |
| BOOT BARN HOLDINGS INC | 160,165 | 181,688 | +21,523 | 26,542,544 | 32,062,481 | +5,519,937 |
| KALVISTA PHARMACEUTICALS INC | 1,351,254 | 1,340,495 | -10,759 | 16,458,274 | 21,648,994 | +5,190,720 |
| TTM TECHNOLOGIES INC | 1,007,555 | 915,128 | -92,427 | 58,035,168 | 63,143,832 | +5,108,664 |
| FRESHPET INC | 374,683 | 417,400 | +42,717 | 20,648,780 | 25,432,182 | +4,783,402 |
| BJ'S RESTAURANT INC | 555,576 | 551,622 | -3,954 | 16,961,735 | 21,733,907 | +4,772,172 |
| SEMTECH CORP | 419,094 | 470,751 | +51,657 | 29,944,266 | 34,689,641 | +4,745,375 |
| AGILYSYS INC | 329,981 | 328,431 | -1,550 | 34,730,500 | 39,030,740 | +4,300,240 |
| SOLARIS ENERGY INFRASTRUCTURE INC | 616,719 | 626,692 | +9,973 | 24,650,258 | 28,809,031 | +4,158,773 |
| ALLEGIANT TRAVEL CO | 427,718 | 349,945 | -77,773 | 25,992,423 | 29,839,810 | +3,847,387 |
| RUSH STREET INTERACTIVE INC | 1,341,739 | 1,606,049 | +264,310 | 27,478,815 | 31,205,532 | +3,726,717 |
| BLACK ROCK COFFEE BAR | 415,046 | 612,493 | +197,447 | 9,902,998 | 13,627,969 | +3,724,971 |
| EVERQUOTE INC | 689,253 | 720,686 | +31,433 | 15,763,216 | 19,458,522 | +3,695,306 |
| BRIDGEBIO PHARMA INC | 720,343 | 535,764 | -184,579 | 37,414,615 | 40,980,588 | +3,565,973 |
| FIVE BELOW | 85,158 | 85,611 | +453 | 13,173,943 | 16,125,688 | +2,951,745 |
| ONTO INNOVATION INC | 127,561 | 122,613 | -4,948 | 16,483,432 | 19,355,688 | +2,872,256 |
| ARHAUS INC | 1,678,309 | 1,846,549 | +168,240 | 17,840,425 | 20,699,814 | +2,859,389 |
| BYRNA TECHNOLOGIES INC | 0 | 162,809 | +162,809 | 0 | 2,733,563 | +2,733,563 |
| ESCO TECHNOLOGIES INC | 141,419 | 166,679 | +25,260 | 29,854,965 | 32,567,410 | +2,712,445 |
| IPG PHOTONICS CORP | 151,967 | 204,050 | +52,083 | 12,034,267 | 14,609,980 | +2,575,713 |
| PDF SOLUTIONS INC | 942,655 | 943,372 | +717 | 24,339,352 | 26,914,403 | +2,575,051 |
| NEPTUNE INSURANCE HOLDINGS | 40,239 | 113,217 | +72,978 | 804,780 | 3,301,408 | +2,496,628 |
| AAR CORPORATION | 364,875 | 419,470 | +54,595 | 32,718,341 | 34,727,921 | +2,009,580 |
| FIRST WATCH RESTAURANT GROUP | 821,090 | 978,408 | +157,318 | 12,841,848 | 14,754,393 | +1,912,545 |
| MIRUM PHARMACEUTICALS INC | 369,600 | 367,134 | -2,466 | 27,095,376 | 28,999,915 | +1,904,539 |
| SPX TECHNOLOGIES INC | 153,507 | 152,787 | -720 | 28,672,037 | 30,566,567 | +1,894,530 |
| EXCELERATE ENERGY INC | 308,869 | 318,018 | +9,149 | 7,780,410 | 8,920,405 | +1,139,995 |
| SKYWARD SPECIALTY INSURANCE | 684,742 | 657,668 | -27,074 | 32,566,330 | 33,613,411 | +1,047,081 |
| ALPHABET INC CLA A | 16,439 | 16,020 | -419 | 3,996,321 | 5,014,260 | +1,017,939 |
| D-WAVE QUANTUM INC | 547,249 | 543,272 | -3,977 | 13,522,523 | 14,206,563 | +684,040 |
| SLIDE INSURANCE HOLDINGS INC | 38,356 | 61,145 | +22,789 | 605,449 | 1,191,105 | +585,656 |
| MID PENN BANCORP INC | 7,419 | 22,419 | +15,000 | 212,480 | 695,437 | +482,957 |
| PIXELWORKS INC | 0 | 64,695 | +64,695 | 0 | 411,460 | +411,460 |
| MONGODB INC | 3,642 | 3,523 | -119 | 1,130,404 | 1,478,568 | +348,164 |
| TEVA PHARMACEUTICAL INDUSTRIES LIMITED | 35,826 | 34,289 | -1,537 | 723,685 | 1,070,160 | +346,475 |
| ENOVA INTERNATI | 0 | 2,149 | +2,149 | 0 | 337,823 | +337,823 |
| INSMED INC | 12,393 | 11,990 | -403 | 1,784,716 | 2,086,740 | +302,024 |
| ELI LILLY & CO | 1,047 | 1,021 | -26 | 798,861 | 1,097,248 | +298,387 |
| TAKE TWO INTERACTIVE SOFTWARE | 7,318 | 8,481 | +1,163 | 1,890,678 | 2,171,390 | +280,712 |
| MP MATERIALS CORP | 9,883 | 18,046 | +8,163 | 662,853 | 911,684 | +248,831 |
| TARGA RESOURCES CORP | 4,314 | 5,173 | +859 | 722,768 | 954,419 | +231,651 |
| FAIR ISAAC CORP | 494 | 569 | +75 | 739,286 | 961,963 | +222,677 |
| PALANTIR TECHNOLOGIES INC | 1,601 | 2,893 | +1,292 | 292,054 | 514,231 | +222,177 |
| INVIVYD INC | 0 | 89,938 | +89,938 | 0 | 222,147 | +222,147 |
| FTAI AVIATION LTD | 9,404 | 9,099 | -305 | 1,569,151 | 1,791,138 | +221,987 |
| BWX TECHNOLOGIES INC | 5,079 | 6,667 | +1,588 | 936,415 | 1,152,324 | +215,909 |
| GENIUS SPORTS LIMITED | 60,674 | 87,417 | +26,743 | 751,144 | 963,335 | +212,191 |
| APPLE INC | 20,133 | 19,619 | -514 | 5,126,466 | 5,333,621 | +207,155 |
| XPO LOGISTICS | 2,272 | 3,565 | +1,293 | 293,701 | 484,519 | +190,818 |
| EXACT SCIENCES CORP | 4,414 | 4,224 | -190 | 241,490 | 428,989 | +187,499 |
| BIOGEN IDEC INC | 6,247 | 6,027 | -220 | 875,080 | 1,060,692 | +185,612 |
| BOWMAN CONSULTING GROUP LTD | 6,333 | 13,624 | +7,291 | 268,266 | 449,864 | +181,598 |
| MIRION TECHNOLOGIES INC | 1,137,165 | 1,137,146 | -19 | 26,450,458 | 26,631,959 | +181,501 |
| AXOS FINANCIAL INC | 528,912 | 521,379 | -7,533 | 44,772,401 | 44,922,015 | +149,614 |
| PROFICIENT AUTO LOGISTICS INC | 45,025 | 45,025 | 0 | 310,222 | 434,041 | +123,819 |
| AMAZON.COM, INC | 18,259 | 17,810 | -449 | 4,009,129 | 4,110,904 | +101,775 |
| BROADCOM LTD | 11,121 | 10,838 | -283 | 3,668,929 | 3,751,032 | +82,103 |
| FIGURE TECHNOLOGY SOLUTIONS | 15,000 | 15,271 | +271 | 545,550 | 623,668 | +78,118 |
| TWILIO INC | 1,820 | 1,737 | -83 | 182,164 | 247,071 | +64,907 |
| EXPEDIA GROUP INC | 1,003 | 960 | -43 | 214,391 | 271,978 | +57,587 |
| UNITED THERAPEUTICS CORP DEL | 1,116 | 1,069 | -47 | 467,838 | 520,870 | +53,032 |
| DELTA AIR LINES INC | 5,075 | 4,857 | -218 | 288,006 | 337,076 | +49,070 |