PUMA BIOTECHNOLOGY INC

Ticker: PBYI CUSIP: 74587V107 Class: Common Stock

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

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

Q3 2018

Shares 209,624 Value ($000) $9,611 Avg Close $48.21 Range $40.45 - $60.95

Q2 2018

Shares 315,024 Value ($000) $18,634 Avg Close $57.95 Range $47.00 - $68.90

Q1 2018

Shares 315,135 Value ($000) $21,445 Avg Close $74.88 Range $56.15 - $101.50

Q4 2017

Shares 320,343 Value ($000) $31,666 Avg Close $111.90 Range $92.36 - $136.90

Q3 2017

Shares 291,146 Value ($000) $34,865 Avg Close $93.01 Range $71.14 - $120.85

Q2 2017

Shares 248,038 Value ($000) $21,679 Avg Close $55.94 Range $28.35 - $92.00

Q1 2017

Shares 260,817 Value ($000) $9,702 Avg Close $36.49 Range $28.95 - $45.44

Q1 2015

Shares 26,322 Value ($000) $5,253 Avg Close $213.77 Range $183.50 - $252.92

Q4 2014

Shares 43,533 Value ($000) $8,239 Avg Close $221.87 Range $181.60 - $255.43

Q3 2014

Shares 24,000 Value ($000) $5,726 Avg Close $205.34 Range $57.25 - $279.37

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	209,624	$9,611	$48.21	$40.45 - $60.95
Q2 2018	315,024	$18,634	$57.95	$47.00 - $68.90
Q1 2018	315,135	$21,445	$74.88	$56.15 - $101.50
Q4 2017	320,343	$31,666	$111.90	$92.36 - $136.90
Q3 2017	291,146	$34,865	$93.01	$71.14 - $120.85
Q2 2017	248,038	$21,679	$55.94	$28.35 - $92.00
Q1 2017	260,817	$9,702	$36.49	$28.95 - $45.44
Q1 2015	26,322	$5,253	$213.77	$183.50 - $252.92
Q4 2014	43,533	$8,239	$221.87	$181.60 - $255.43
Q3 2014	24,000	$5,726	$205.34	$57.25 - $279.37