SALLY BEAUTY HLDGS INC

Ticker: SBH CUSIP: 79546E104 Class: Common Stock

ADVISORY RESEARCH INC's Holding History (CIK: 0000902584)

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

Q1 2017

Shares 1,103,190 Value ($000) $22,549 Avg Close $22.89 Range $19.77 - $26.98

Q4 2016

Shares 1,965,339 Value ($000) $51,924 Avg Close $26.38 Range $23.72 - $30.17

Q3 2016

Shares 1,856,835 Value ($000) $47,684 Avg Close $28.01 Range $25.58 - $30.73

Q2 2016

Shares 1,053,635 Value ($000) $30,988 Avg Close $29.90 Range $27.48 - $32.75

Q1 2016

Shares 518,875 Value ($000) $16,801 Avg Close $29.68 Range $24.69 - $32.93

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	1,103,190	$22,549	$22.89	$19.77 - $26.98
Q4 2016	1,965,339	$51,924	$26.38	$23.72 - $30.17
Q3 2016	1,856,835	$47,684	$28.01	$25.58 - $30.73
Q2 2016	1,053,635	$30,988	$29.90	$27.48 - $32.75
Q1 2016	518,875	$16,801	$29.68	$24.69 - $32.93