SANCHEZ ENERGY CORP

CUSIP: 79970Y105 Class: COMMON STOCK

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

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

Q1 2015
Shares 274,519 Value ($000) $3,879 Avg Close — Range —
Q4 2014
Shares 376,031 Value ($000) $3,493 Avg Close — Range —
Q2 2014
Shares 330,267 Value ($000) $12,415 Avg Close — Range —
Q1 2014
Shares 169,760 Value ($000) $5,030 Avg Close — Range —
Q4 2013
Shares 113,430 Value ($000) $3,030 Avg Close — Range —
Q3 2013
Shares 83,580 Value ($000) $2,207 Avg Close — Range —