ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

Twin Tree Management, LP's Holding History (CIK: 0001535588)

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

Q2 2019

Shares 462 Value ($000) $65 Avg Close $107.33 Range $94.83 - $129.34

Q1 2019

Shares 10,966 Value ($000) $1,919 Avg Close $120.36 Range $103.81 - $128.75

Q1 2018

Shares 2,545 Value ($000) $542 Avg Close $170.90 Range $143.68 - $194.05

Q4 2017

Shares 15,290 Value ($000) $3,876 Avg Close $161.71 Range $149.81 - $177.64

Q3 2017

Shares 4,622 Value ($000) $1,024 Avg Close $161.55 Range $145.38 - $184.39

Q2 2017

Shares 262 Value ($000) $67 Avg Close $172.65 Range $161.57 - $184.41

Q2 2016

Shares 11,302 Value ($000) $2,214 Avg Close $143.66 Range $127.53 - $156.70

Q1 2016

Shares 906 Value ($000) $199 Avg Close $150.81 Range $121.75 - $190.20

Q4 2015

Shares 1,994 Value ($000) $551 Avg Close $195.34 Range $176.62 - $209.37

Q3 2015

Shares 1,298 Value ($000) $336 Avg Close $186.69 Range $166.74 - $212.15

Q3 2014

Shares 354 Value ($000) $88 Avg Close $181.41 Range $165.31 - $198.97

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	462	$65	$107.33	$94.83 - $129.34
Q1 2019	10,966	$1,919	$120.36	$103.81 - $128.75
Q1 2018	2,545	$542	$170.90	$143.68 - $194.05
Q4 2017	15,290	$3,876	$161.71	$149.81 - $177.64
Q3 2017	4,622	$1,024	$161.55	$145.38 - $184.39
Q2 2017	262	$67	$172.65	$161.57 - $184.41
Q2 2016	11,302	$2,214	$143.66	$127.53 - $156.70
Q1 2016	906	$199	$150.81	$121.75 - $190.20
Q4 2015	1,994	$551	$195.34	$176.62 - $209.37
Q3 2015	1,298	$336	$186.69	$166.74 - $212.15
Q3 2014	354	$88	$181.41	$165.31 - $198.97