ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

DELTEC ASSET MANAGEMENT LLC's Holding History (CIK: 0001269950)

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

Q1 2016

Shares 19,000 Value ($000) $4,180 Avg Close $150.81 Range $121.75 - $190.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	19,000	$4,180	$150.81	$121.75 - $190.20