BFH β€” ALLIANCE DATA SYSTEMS CORP

Ownership history in Qube Research & Technologies Ltd  Β·  19 quarters on record

This page tracks every 13F SEC filing in which Qube Research & Technologies Ltd reported a position in ALLIANCE DATA SYSTEMS CORP (BFH). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.1% (2019 Q4)
πŸ“Š Avg. % of fund
0.02%
πŸ“… First filed
2018 Q3
πŸ“… Last filed
2025 Q3
⏱ Quarters held
19

Position Intelligence

Qube Research & Technologies Ltd Γ— BFH AI Analytics

πŸ“‰ Qube Research & Technologies Ltd underperformed the S&P 500 by –3.8% annually on this BFH position. Timing score: 65% (11/17 decisions correct). Average cost basis: $46.13. Maximum drawdown during holding period: –64.4%.

πŸ“ˆ Position Alpha vs SPY
-3.8%
annualised excess return

⚠️ Trailed SPY by 3.8% ann. on this position.
17 quarters analyzed

⏱️ Timing Score
65%

βœ… Decent timing β€” more right than wrong on entries and exits.
11 of 17 add/trim decisions correct

πŸ’° Entry Quality
$46.13
+20.1% vs current ($55.41)

Best entry: $29.86 (2023 Q2)  Β·  Worst: $80.30 (2019 Q4)

πŸ›‘οΈ Drawdown Resilience
–64.4%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
53%
buy-side decisions

10 adds Β· 9 trims. Bought during 6 of 9 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.02% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    BFH price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 ADDED 274,953 +219,501 +395.8% 0.02% $15.3M $55.41
2025 Q2 REDUCED 55,452 -80,421 -59.2% 0.00% $3.2M $56.54
2025 Q1 ADDED 135,873 +51,530 +61.1% 0.01% $6.8M $49.37
2024 Q4 REDUCED 84,343 -13,805 -14.1% 0.01% $5.1M $59.99
2024 Q3 ADDED 98,148 +95,054 +3072.2% 0.01% $4.7M $46.58
2024 Q2 REDUCED 3,094 -7,367 -70.4% 0.00% $138K $43.43
2024 Q1 REDUCED 10,461 -128,150 -92.5% 0.00% $390K $36.11
2023 Q4 ADDED 138,611 +20,687 +17.5% 0.01% $4.6M $31.74
2023 Q3 REDUCED 117,924 -37,976 -24.4% 0.01% $4.0M $32.70
2023 Q2 ADDED 155,900 +89,287 +134.0% 0.02% $4.9M $29.86
9 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding BFH

As of 2025 Q4 β€” sorted by position size

Turtle Creek Asset Management Inc. 3Y 7Y 8.31% BROOKTREE CAPITAL MANAGEMENT 3Y 7.98% MILLER VALUE PARTNERS, LLC 3Y 7Y 5.25% Factorial Partners, LLC 3Y 7Y 1.71% Philadelphia Financial Management of San Francisco, LLC 3Y 7Y 1.52% Mork Capital Management, LLC 3Y 7Y 0.92% BASSWOOD CAPITAL MANAGEMENT, L.L.C. 3Y 7Y 0.92% HUSSMAN STRATEGIC ADVISORS, INC. 3Y 7Y 0.56% VISTA INVESTMENT MANAGEMENT 3Y 7Y 0.56% Nierenberg Investment Management Company, LLC 3Y 7Y 0.55%
← Back to Qube Research & Technologies Ltd Holdings