EMERALD MUTUAL FUND ADVISERS TRUST ACAD ACADIA PHARMACEUTICALS INC

Ownership history in EMERALD MUTUAL FUND ADVISERS TRUST  ·  18 quarters on record

AI Ownership Summary

EMERALD MUTUAL FUND ADVISERS TRUST reported ACADIA PHARMACEUTICALS INC (ACAD) in 18 quarterly 13F filings from 2023 Q4 through 2026 Q1. Peak portfolio weight reached 2.16% in 2023 Q4. The latest visible filing shows ACAD at 0.02% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this ACAD ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was EMERALD MUTUAL FUND ADVISERS TRUST's position in ACADIA PHARMACEUTICALS INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

ACAD was reported at 0.02% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
2.16% in 2023 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How EMERALD MUTUAL FUND ADVISERS TRUST held ACAD — position size vs. price
% of Fund (quarterly)    ACAD price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED 16,576 -467,930 -96.6% 0.02% $369K 2026-05-04 $22.19
2025 Q4 ADDED 484,506 +169,182 +53.7% 0.63% $12.9M 2026-02-09 $23.22
2025 Q3 REDUCED 315,324 -3,982 -1.2% 0.35% $6.7M 2025-10-30 $22.74
2025 Q2 REDUCED 35.5% -1.2% 319,306 -175,778 -35.5% 0.42% $6.9M 2025-08-04 $24.04
2025 Q1 REDUCED 495,084 -5,307 -1.1% 0.58% $8.2M 2025-05-01 $14.57
2024 Q4 REDUCED 12.9% -9.5% 500,391 -74,419 -12.9% 0.56% $9.2M 2025-02-14 $20.04
2024 Q3 ADDED 574,810 +15,961 +2.9% 0.46% $8.8M 2024-10-29 $14.74
2024 Q2 REDUCED 55.3% -5.3% 558,849 -691,380 -55.3% 0.48% $9.1M 2024-08-06 $18.85
2024 Q1 REDUCED 1,250,229 -54,327 -4.2% 1.20% $23.1M 2024-05-08 $17.13
2023 Q4 ADDED 1,304,556 +568 +0.0% 2.16% $40.8M 2024-02-05 $25.10
8 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

FAQ About EMERALD MUTUAL FUND ADVISERS TRUST and ACAD

These are the practical questions this page is built to answer before you even open the full history table.

How long has EMERALD MUTUAL FUND ADVISERS TRUST reported owning ACAD?

EMERALD MUTUAL FUND ADVISERS TRUST reported ACAD across 10 quarterly 13F filings, from 2023 Q4 through 2026 Q1.

What was the largest reported ACAD position in EMERALD MUTUAL FUND ADVISERS TRUST's portfolio?

The largest reported portfolio weight for ACAD was 2.16% in 2023 Q4.

What is the latest reported ACAD position on this page?

The most recent filing on this page is 2026 Q1, when EMERALD MUTUAL FUND ADVISERS TRUST reported 16,576 shares, equal to 0.02% of portfolio, with an estimated market value of $369K.

What does the chart on this ACAD ownership page compare?

The chart compares EMERALD MUTUAL FUND ADVISERS TRUST's quarterly ACAD portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did EMERALD MUTUAL FUND ADVISERS TRUST time their ACAD position?

Based on 13F filing dates vs. subsequent ACAD price moves, EMERALD MUTUAL FUND ADVISERS TRUST correctly timed 10 out of 17 reported position changes (59%). The annualised alpha on ACAD relative to SPY over the holding period was -12.4%.

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