Nierenberg Investment Management Company, LLC BFH — ALLIANCE DATA SYSTEMS CORP

Ownership history in Nierenberg Investment Management Company, LLC  ·  20 quarters on record

AI Ownership Summary

Nierenberg Investment Management Company, LLC reported ALLIANCE DATA SYSTEMS CORP (BFH) in 20 quarterly 13F filings from 2024 Q2 through 2026 Q1. Peak portfolio weight reached 0.94% in 2024 Q4. The latest visible filing shows BFH at 0.13% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this BFH ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Nierenberg Investment Management Company, LLC's position in ALLIANCE DATA SYSTEMS CORP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

BFH was reported at 0.13% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.94% in 2024 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q2 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

BFH stock page Nierenberg Investment Management Company, LLC fund profile Nierenberg Investment Management Company, LLC full holdings
How Nierenberg Investment Management Company, LLC held BFH — position size vs. price
% of Fund (quarterly)    BFH price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED 78.0% +45.6% ❌ 3,380 -12,000 -78.0% 0.13% $253K 2026-05-13 $82.99
2025 Q4 UNCHANGED — — — 15,380 — 0% 0.55% $1.1M 2026-02-13 $71.82
2025 Q3 UNCHANGED — — — 15,380 — 0% 0.37% $858K 2025-11-12 $63.47
2025 Q2 REDUCED 44.4% +2.0% ❌ 15,380 -12,300 -44.4% 0.47% $879K 2025-08-11 $57.70
2024 Q4 ADDED — — — 27,680 +7,000 +33.8% 0.94% $1.7M 2025-02-13 $59.90
2024 Q3 REDUCED 20.5% +29.5% ❌ 20,680 -5,320 -20.5% 0.56% $984K 2024-11-13 $55.04
2024 Q3 ADDED — — — 26,000 +4,790 +22.6% 0.70% $1.2M 2024-11-13 $55.04
2024 Q2 REDUCED 18.4% +7.3% ❌ 21,210 -4,790 -18.4% 0.53% $945K 2024-08-13 $49.78
2024 Q2 ADDED — — — 26,000 +4,790 +22.6% 0.65% $1.2M 2024-08-13 $49.78
11 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding BFH

As of 2026 Q3 — sorted by position size

Copeland Capital Management, LLC 3Y 7Y 1.27% Scheeler Financial LLC 0.17% THOMPSON INVESTMENT MANAGEMENT, INC. 3Y 7Y 0.13% Y-Intercept (Hong Kong) Ltd 3Y 0.09% ANCHYRA PARTNERS LLC 0.05% ARGENT CAPITAL MANAGEMENT LLC 3Y 7Y 0.04% BURNEY CO/ 3Y 7Y 0.04% WEDGE CAPITAL MANAGEMENT L L P/NC 3Y 7Y 0.03% TCP Asset Management, LLC 3Y 0.02% BAILARD, INC. 3Y 7Y 0.02%

FAQ About Nierenberg Investment Management Company, LLC and BFH

These are the practical questions this page is built to answer before you even open the full history table.

How long has Nierenberg Investment Management Company, LLC reported owning BFH?

Nierenberg Investment Management Company, LLC reported BFH across 9 quarterly 13F filings, from 2024 Q2 through 2026 Q1.

What was the largest reported BFH position in Nierenberg Investment Management Company, LLC's portfolio?

The largest reported portfolio weight for BFH was 0.94% in 2024 Q4.

What is the latest reported BFH position on this page?

The most recent filing on this page is 2026 Q1, when Nierenberg Investment Management Company, LLC reported 3,380 shares, equal to 0.13% of portfolio, with an estimated market value of $253K.

What does the chart on this BFH ownership page compare?

The chart compares Nierenberg Investment Management Company, LLC's quarterly BFH portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Nierenberg Investment Management Company, LLC time their BFH position?

Based on 13F filing dates vs. subsequent BFH price moves, Nierenberg Investment Management Company, LLC correctly timed 3 out of 16 reported position changes (19%). The annualised alpha on BFH relative to SPY over the holding period was -2.6%.

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