E L F BEAUTY INC

Ticker: ELF CUSIP: 26856L103 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 25,250 Value ($000) $710 Avg Close $26.17 Range $23.73 - $28.92

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	25,250	$710	$26.17	$23.73 - $28.92