HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

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

Q3 2019

Shares 107,986 Value ($000) $4,870 Avg Close $39.03 Range $36.77 - $41.78

Q2 2019

Shares 481,325 Value ($000) $21,433 Avg Close $40.91 Range $38.45 - $43.68

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2019	107,986	$4,870	$39.03	$36.77 - $41.78
Q2 2019	481,325	$21,433	$40.91	$38.45 - $43.68