HOULIHAN LOKEY INC

Ticker: HLI CUSIP: 441593100 Class: Common Stock

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

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

Q4 2025

Shares 22,793 Value ($000) $3,970 Avg Close $183.13 Range $169.41 - $204.73

Q3 2025

Shares 24,203 Value ($000) $4,969 Avg Close $195.01 Range $175.61 - $211.05

Q2 2025

Shares 20,351 Value ($000) $3,662 Avg Close $166.54 Range $136.63 - $184.21

Q1 2025

Shares 19,150 Value ($000) $3,093 Avg Close $169.69 Range $149.97 - $185.90

Q4 2024

Shares 18,992 Value ($000) $3,298 Avg Close $173.44 Range $153.55 - $189.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,793	$3,970	$183.13	$169.41 - $204.73
Q3 2025	24,203	$4,969	$195.01	$175.61 - $211.05
Q2 2025	20,351	$3,662	$166.54	$136.63 - $184.21
Q1 2025	19,150	$3,093	$169.69	$149.97 - $185.90
Q4 2024	18,992	$3,298	$173.44	$153.55 - $189.01