ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

TWO SIGMA ADVISERS, LP's Holding History (CIK: 0001478735)

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

Q4 2025

Shares 40,100 Value ($000) $2,969 Avg Close $65.65 Range $53.64 - $78.98

Q3 2025

Shares 42,300 Value ($000) $2,359 Avg Close $61.40 Range $55.09 - $67.77

Q2 2025

Shares 39,300 Value ($000) $2,245 Avg Close $49.95 Range $37.78 - $57.39

Q1 2025

Shares 64,600 Value ($000) $3,235 Avg Close $56.06 Range $44.10 - $64.93

Q4 2024

Shares 93,800 Value ($000) $5,727 Avg Close $55.63 Range $44.63 - $65.73

Q3 2024

Shares 95,000 Value ($000) $4,520 Avg Close $49.90 Range $41.79 - $58.58

Q2 2024

Shares 122,300 Value ($000) $5,450 Avg Close $38.26 Range $31.21 - $44.44

Q1 2024

Shares 108,500 Value ($000) $4,041 Avg Close $34.43 Range $27.06 - $39.73

Q4 2023

Shares 85,300 Value ($000) $2,810 Avg Close $28.77 Range $25.01 - $33.99

Q3 2023

Shares 17,600 Value ($000) $602 Avg Close $35.08 Range $29.03 - $39.97

Q2 2023

Shares 16,100 Value ($000) $505 Avg Close $27.32 Range $21.95 - $31.41

Q1 2023

Shares 18,600 Value ($000) $564 Avg Close $35.36 Range $25.23 - $41.92

Q4 2022

Shares 29,000 Value ($000) $1,092 Avg Close $33.92 Range $27.01 - $40.72

Q3 2022

Shares 25,500 Value ($000) $802 Avg Close $36.61 Range $28.93 - $42.77

Q2 2022

Shares 25,100 Value ($000) $930 Avg Close $47.39 Range $33.81 - $56.40

Q1 2022

Shares 13,100 Value ($000) $736 Avg Close $60.72 Range $49.45 - $69.94

Q3 2021

Shares 85,777 Value ($000) $8,654 Avg Close $71.21 Range $64.26 - $79.86

Q2 2021

Shares 155,057 Value ($000) $16,155 Avg Close $83.21 Range $74.35 - $94.15

Q1 2021

Shares 71,057 Value ($000) $7,965 Avg Close $65.89 Range $47.75 - $88.94

Q4 2020

Shares 88,357 Value ($000) $6,547 Avg Close $46.01 Range $30.70 - $62.58

Q1 2018

Shares 6,595 Value ($000) $1,404 Avg Close $170.90 Range $143.68 - $194.05

Q4 2017

Shares 6,523 Value ($000) $1,653 Avg Close $161.71 Range $149.81 - $177.64

Q3 2014

Shares 4,250 Value ($000) $1,055 Avg Close $181.41 Range $165.31 - $198.97

Q3 2013

Shares 29,883 Value ($000) $6,319 Avg Close $136.89 Range $118.07 - $151.66

Q2 2013

Shares 123,838 Value ($000) $22,419 Avg Close $118.19 Range $105.32 - $127.74

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,100	$2,969	$65.65	$53.64 - $78.98
Q3 2025	42,300	$2,359	$61.40	$55.09 - $67.77
Q2 2025	39,300	$2,245	$49.95	$37.78 - $57.39
Q1 2025	64,600	$3,235	$56.06	$44.10 - $64.93
Q4 2024	93,800	$5,727	$55.63	$44.63 - $65.73
Q3 2024	95,000	$4,520	$49.90	$41.79 - $58.58
Q2 2024	122,300	$5,450	$38.26	$31.21 - $44.44
Q1 2024	108,500	$4,041	$34.43	$27.06 - $39.73
Q4 2023	85,300	$2,810	$28.77	$25.01 - $33.99
Q3 2023	17,600	$602	$35.08	$29.03 - $39.97
Q2 2023	16,100	$505	$27.32	$21.95 - $31.41
Q1 2023	18,600	$564	$35.36	$25.23 - $41.92
Q4 2022	29,000	$1,092	$33.92	$27.01 - $40.72
Q3 2022	25,500	$802	$36.61	$28.93 - $42.77
Q2 2022	25,100	$930	$47.39	$33.81 - $56.40
Q1 2022	13,100	$736	$60.72	$49.45 - $69.94
Q3 2021	85,777	$8,654	$71.21	$64.26 - $79.86
Q2 2021	155,057	$16,155	$83.21	$74.35 - $94.15
Q1 2021	71,057	$7,965	$65.89	$47.75 - $88.94
Q4 2020	88,357	$6,547	$46.01	$30.70 - $62.58
Q1 2018	6,595	$1,404	$170.90	$143.68 - $194.05
Q4 2017	6,523	$1,653	$161.71	$149.81 - $177.64
Q3 2014	4,250	$1,055	$181.41	$165.31 - $198.97
Q3 2013	29,883	$6,319	$136.89	$118.07 - $151.66
Q2 2013	123,838	$22,419	$118.19	$105.32 - $127.74