HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

Independent Advisor Alliance's Holding History (CIK: 0001696899)

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

Q4 2025

Shares 1,220 Value ($000) $213 Avg Close $183.13 Range $169.41 - $204.73

Q3 2025

Shares 1,177 Value ($000) $242 Avg Close $195.01 Range $175.61 - $211.05

Q2 2025

Shares 1,141 Value ($000) $205 Avg Close $166.54 Range $136.63 - $184.21

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,220	$213	$183.13	$169.41 - $204.73
Q3 2025	1,177	$242	$195.01	$175.61 - $211.05
Q2 2025	1,141	$205	$166.54	$136.63 - $184.21