Emerald Mutual Fund Advisers Trust’s Ares Management ARES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-281,230	Closed	-$6.53M	–	215
2018 Q3	$6.53M	Buy	+281,230	New	+$6.53M	0.22%	150