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EMERALD MUTUAL FUND ADVISERS TRUST
> VAL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | Valaris Ltd | VAL | 187,940 | 92,150 | 11,827,064,000 | 5,594,967,000 | $62,930.00 |
| 03/31/2023 | Valaris Ltd | VAL | 95,790 | 95,790 | 6,232,097,000 | 6,232,097,000 | $65,060.00 |
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