SALLY BEAUTY HLDGS INC

Ticker: SBH CUSIP: 79546E104 Class: Common Stock

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

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

Q4 2016

Shares 168,040 Value ($000) $4,440 Avg Close $26.38 Range $23.72 - $30.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	168,040	$4,440	$26.38	$23.72 - $30.17