INCYTE CORP

Ticker: INCY CUSIP: 45337C102 Class: EQTY

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q4 2016

Shares 2,138 Value ($000) $214 Avg Close $97.56 Range $83.01 - $109.95

Q3 2016

Shares 2,574 Value ($000) $243 Avg Close $84.26 Range $75.52 - $95.39

Q2 2013

Shares 135,370 Value ($000) $2,978 Avg Close $21.85 Range $18.23 - $24.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	2,138	$214	$97.56	$83.01 - $109.95
Q3 2016	2,574	$243	$84.26	$75.52 - $95.39
Q2 2013	135,370	$2,978	$21.85	$18.23 - $24.86