HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

Mount Lucas Management LP's Holding History (CIK: 0001185072)

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

Q4 2025

Shares 5,591 Value ($000) $974 Avg Close $183.13 Range $169.41 - $204.73

Q3 2025

Shares 5,681 Value ($000) $1,166 Avg Close $195.01 Range $175.61 - $211.05

Q2 2025

Shares 6,106 Value ($000) $1,099 Avg Close $166.54 Range $136.63 - $184.21

Q1 2025

Shares 3,169 Value ($000) $512 Avg Close $169.69 Range $149.97 - $185.90

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,591	$974	$183.13	$169.41 - $204.73
Q3 2025	5,681	$1,166	$195.01	$175.61 - $211.05
Q2 2025	6,106	$1,099	$166.54	$136.63 - $184.21
Q1 2025	3,169	$512	$169.69	$149.97 - $185.90