Emerald Mutual Fund Advisers Trust’s Artisan Partners APAM Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-10,284	Closed	-$583K	–	218
2014 Q2	$583K	Hold	10,284	–	–	0.05%	186
2014 Q1	$661K	Sell	10,284 -4,914	-32%	-$316K	0.06%	179
2013 Q4	$979K	Buy	+15,198	New	+$979K	0.06%	175