HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

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

Q4 2025

Shares 2,049 Value ($000) $357 Avg Close $183.13 Range $169.41 - $204.73

Q2 2025

Shares 3,434 Value ($000) $1 Avg Close $166.54 Range $136.63 - $184.21

Q2 2020

Shares 17,900 Value ($000) $996 Avg Close $52.34 Range $44.63 - $58.16

Q1 2020

Shares 43,100 Value ($000) $2,245 Avg Close $46.30 Range $38.44 - $52.93

Q1 2019

Shares 18,200 Value ($000) $834 Avg Close $38.40 Range $31.48 - $41.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,049	$357	$183.13	$169.41 - $204.73
Q2 2025	3,434	$1	$166.54	$136.63 - $184.21
Q2 2020	17,900	$996	$52.34	$44.63 - $58.16
Q1 2020	43,100	$2,245	$46.30	$38.44 - $52.93
Q1 2019	18,200	$834	$38.40	$31.48 - $41.12