TC

Turtle Creek Asset Management INC.

ContrarianDiversified strategyQuality / disciplined sizing

Total reported value

$2.7B

Reporting period: 2026-03-31 · Number of holdings: 39

TURTLE CREEK ASSET MANAGEMENT INC. disclosed 39 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.7B and a quarterly turnover rate of 39.7%.

Personality snowflake

Concentration
18.02
Portfolio Stability
39.72
Momentum/Contrarian
0
Sector conviction
0
Diversification
78
Sizing Uniformity
91.18

Recent moves

  • Add FISV

    +968.1%　$130.9M

  • Trim MIDD

    -15.5%　-$41.0M

  • Add MEDP

    +4741.8%　$63.5M

  • Add CE

    +18.1%　$76.4M

  • Trim TFII

    -21.3%　-$24.5M

  • Add PNTG

    +12075.6%　$47.9M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1BFHBread Financial Holdings INCStock-Financials6.81%-1.50%-4.72%
2CIGIColliers Intl Gr-subord VotStock-Other6.53%+1.27%+100.87%
3CECelanese CORPStock-Materials6.27%+2.26%+18.14%
4FISVFiserv INCStock-Other5.52%+4.79%+968.14%
5SUNBSunbelt Rentals Holdings INCStock-Industrials5.36%+5.36%NEW
6KNSLKinsale Capital Group INCStock-Financials5.26%+0.46%+47.57%
7FNDFloor & Decor Holdings Inc-aStock-Consumer Disc5.24%+0.03%+41.73%
8ATSAts CORPStock-Other5.17%-1.67%-13.21%
9WSCWillscot Holdings CORPStock-Industrials5.11%-0.01%+27.27%
10MIDDMiddleby CORPStock-Industrials4.68%-2.63%-15.53%
11EEFTEuronet Worldwide INCStock-Tech4.59%+0.32%+44.88%
12TFIITfi International INCStock-Other4.40%-1.86%-21.25%
13IRIngersoll-rand INCStock-Industrials3.90%-1.44%-14.96%
14WEXWex INCStock-Tech3.83%+1.06%+58.46%
15SCIService CORP InternationalStock-Consumer Disc3.59%+0.03%+11.97%
16CCOICogent Communications HoldinStock-Other3.07%-0.76%+7.73%
17SSNCSs&c Technologies HoldingsStock-Tech2.92%-0.19%+42.97%
18VNTVontier CORPStock-Tech2.81%-0.14%+17.45%
19MEDPMedpace Holdings INCStock-Healthcare2.44%+2.37%+4741.79%
20BCBrunswick CORPStock-Consumer Disc2.15%-1.43%-28.13%
21ENSGEnsign Group Inc/theStock-Healthcare1.94%-0.64%-23.71%
22PNTGPennant Group Inc/theStock-Other1.80%+1.78%+12075.56%
23GILGildan Activewear INCStock-Consumer Disc1.70%-1.29%-24.78%
24MGAMagna International INCStock-Consumer Disc1.25%-1.23%-43.35%
25ECPGEncore Capital Group INCStock-Other1.02%-1.30%-60.00%
26JELDJeld-wen Holding INCStock-Other0.77%-1.03%—
27DOOBrp Inc/ca- Sub VotingStock-Other0.63%-1.67%-68.14%
28BLDRBuilders Firstsource INCStock-Industrials0.29%-0.02%+40.43%
29ITTItt INCStock-Industrials0.24%-0.01%+1.50%
30BCOBrink's Co/theStock-Industrials0.22%+0.06%+82.57%
31PATKPatrick Industries INCStock-Consumer Disc0.17%-0.05%-9.51%
32KNXKnight-swift TransportationStock-Industrials0.10%-0.05%-25.90%
33FSVFirstservice CORPStock-Other0.06%+0.06%NEW
34SYFSynchrony FinancialStock-Financials0.06%-0.06%-27.47%
35WFGWest Fraser Timber Co LTDStock-Other0.03%-0.01%-11.00%
36TNCTennant CoStock-Other0.03%—+32.65%
37OTEXOpen Text CORPStock-Other0.02%-0.02%-9.52%
38DCBODocebo INCStock-Other0.01%—+38.56%
39CLWClearwater Paper CORPStock-Other0.01%—+25.98%

Holding changes this quarter

Turtle Creek Asset Management INC.'s most significant position changes for 2026-03-31: New buy: Sunbelt Rentals Holdings INC (SUNB); Sold out: Borgwarner INC (BWA); New buy: Firstservice CORP (FSV); Add: Fiserv INC (FISV) — shares +968.14%; Trim: Middleby CORP (MIDD) — shares -15.53%.

Position changes disclosed by Turtle Creek Asset Management INC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1FISVFiserv INC+4.8%+968.14%Add
2MEDPMedpace Holdings INC+2.4%+4741.79%Add
3CECelanese CORP+2.3%+18.14%Add
4PNTGPennant Group Inc/the+1.8%+12075.56%Add
5CIGIColliers Intl Gr-subord Vot+1.3%+100.87%Add
6WEXWex INC+1.1%+58.46%Add
7KNSLKinsale Capital Group INC+0.5%+47.57%Add
8EEFTEuronet Worldwide INC+0.3%+44.88%Add
9BCOBrink's Co/the+0.1%+82.57%Add
10FNDFloor & Decor Holdings Inc-a0%+41.73%Add
11SCIService CORP International0%+11.97%Add
12TNCTennant Co—+32.65%Add
13DCBODocebo INC—+38.56%Add
14CLWClearwater Paper CORP—+25.98%Add
15WSCWillscot Holdings CORP0%+27.27%Add
16ITTItt INC0%+1.50%Add
17WFGWest Fraser Timber Co LTD0%-11.00%Trim
18BLDRBuilders Firstsource INC0%+40.43%Add
19OTEXOpen Text CORP0%-9.52%Trim
20KNXKnight-swift Transportation-0.1%-25.90%Trim
21PATKPatrick Industries INC-0.1%-9.51%Trim
22SYFSynchrony Financial-0.1%-27.47%Trim
23VNTVontier CORP-0.1%+17.45%Add
24SSNCSs&c Technologies Holdings-0.2%+42.97%Add
25ENSGEnsign Group Inc/the-0.6%-23.71%Trim
26CCOICogent Communications Holdin-0.8%+7.73%Add
27JELDJeld-wen Holding INC-1%—Unchanged
28MGAMagna International INC-1.2%-43.35%Trim
29GILGildan Activewear INC-1.3%-24.78%Trim
30ECPGEncore Capital Group INC-1.3%-60.00%Trim
31BCBrunswick CORP-1.4%-28.13%Trim
32IRIngersoll-rand INC-1.4%-14.96%Trim
33BFHBread Financial Holdings INC-1.5%-4.72%Trim
34DOOBrp Inc/ca- Sub Voting-1.7%-68.14%Trim
35ATSAts CORP-1.7%-13.21%Trim
36TFIITfi International INC-1.9%-21.25%Trim
37MIDDMiddleby CORP-2.6%-15.53%Trim
38SUNBSunbelt Rentals Holdings INC—NEWNew buy
39BWABorgwarner INC—EXITSold out
40FSVFirstservice CORP—NEWNew buy

FAQ

What is Turtle Creek Asset Management INC. and what type of investor is it?
Turtle Creek Asset Management INC. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.7B, spread across 39 disclosed positions.
What are Turtle Creek Asset Management INC.'s largest equity positions?
Based on the latest 13F filing, Turtle Creek Asset Management INC.'s top holdings by market value are: 1. Bread Financial Holdings INC (BFH) — $182.1M (6.8%) 2. Colliers Intl Gr-subord Vot (CIGI) — $174.6M (6.5%) 3. Celanese CORP (CE) — $167.6M (6.3%) 4. Fiserv INC (FISV) — $147.5M (5.5%) 5. Sunbelt Rentals Holdings INC (SUNB) — $143.3M (5.4%)
What changes did Turtle Creek Asset Management INC. make in its most recent portfolio filing?
In the latest reported quarter, Turtle Creek Asset Management INC. made 39 notable position adjustments: 2 new positions were initiated, 20 existing holdings were added to, 16 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Sunbelt Rentals Holdings INC (SUNB); Sold out: Borgwarner INC (BWA); New buy: Firstservice CORP (FSV); Add: Fiserv INC (FISV) — shares +968.14%; Trim: Middleby CORP (MIDD) — shares -15.53%
What sectors does Turtle Creek Asset Management INC. focus on?
Turtle Creek Asset Management INC. is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 28.1% • Information Technology: 19.9% • Consumer Discretionary: 19.9% • Financials: 17.1% • Materials: 8.8% • Health Care: 6.2%