BIOHAVEN LTD

Ticker: BHVN CUSIP: G1110E107 Class: Common Stock

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

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

Q3 2025

Shares 173,656 Value ($000) $2,607 Avg Close $14.56 Range $12.79 - $17.25

Q2 2025

Shares 172,999 Value ($000) $2,441 Avg Close $17.82 Range $13.87 - $24.21

Q1 2025

Shares 238,361 Value ($000) $5,730 Avg Close $35.26 Range $21.47 - $44.28

Q4 2024

Shares 226,394 Value ($000) $8,456 Avg Close $46.66 Range $34.46 - $55.70

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	173,656	$2,607	$14.56	$12.79 - $17.25
Q2 2025	172,999	$2,441	$17.82	$13.87 - $24.21
Q1 2025	238,361	$5,730	$35.26	$21.47 - $44.28
Q4 2024	226,394	$8,456	$46.66	$34.46 - $55.70