Emancipation Management LLC

Q3 2017 13F Holdings Report, Stock Holdings

Signature - Title: Charles Frumberg - Managing Member
Location: New York, NY
Holdings as of: 30 Sep 2017
Value $: $61,380,000
Num holdings: 38
Filing time: 13 Nov 2017, 07:44:18 UTC
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included IDSY, NVGS, TRNS, BV, and CELG.
Previous filing: Q2 2017 - 10 Aug 2017
Next filing: Q4 2017 - 12 Feb 2018
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Filing 2017 Q3 compared to 2017 Q2 by default. Changes are calculated vs the previous SEC filing.

Compare Q3 2017 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Charles Frumberg	Managing Member	New York, New York	09 Nov 2017

THIS 13F REPORT IS AN AGGRGATE FILING FOR EMANCIPATION MANAGEMENT LLC (EMANCIPATION) AND CIRCLE N ADVISORS, LLC (CIRCLE N), BOTH OF WHICH ARE UNDER COMMON CONTROL OF MR. CHARLES FRUMBERG. ON JUNE 26, 2015, CIRCLE N ACQUIRED SUBSTANTIALLY ALL OF THE BUSINESS ASSETS OF NSB ADVISORS LLC (NSB). HOLDINGS FORMERLY REPORTED BY NSB ARE NOW BEING REPORTED ON THIS 13F REPORT BY EMANCIPATION.