Q3 2025 · 13F-HR
Turtle Creek Asset Management Inc.holdings as filed
Filed 2025-11-14 · accession 0001193125-25-281378
$3.31B
Reported value
41
Positions
2025-09-30
Period end
The Brief · Turtle Creek Asset Management Inc. · Q3 2025
AI · grounded in 13F
Turtle Creek Asset Management Inc. established a new position in CE valued at $215.3M. The fund also initiated new stakes in MIDD for $194.3M and BC for $185.1M. Other new additions include WSC, BFH, and ATS. The fund ended the period with 41 positions and total AUM of $3.3B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 150870103 | CE | CELANESE | $215.3M | 6.50% | 5,115,365 | Common | SOLE |
| 596278101 | MIDD | MIDDLEBY CORP | $194.3M | 5.86% | 1,461,810 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $185.1M | 5.58% | 2,926,223 | Common | SOLE |
| 971378104 | WSC | WILLSCOT HOLDINGS | $184.3M | 5.56% | 8,730,347 | Common | SOLE |
| 018581108 | BFH | BREAD FINANCIAL HOLDINGS INC | $183.1M | 5.53% | 3,283,546 | Common | SOLE |
| 00217Y104 | ATS | ATS CORP | $182.7M | 5.51% | 6,973,010 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HOLDINGS | $176.6M | 5.33% | 4,603,933 | Common | SOLE |
| 87241L109 | TFII | TFI INTERNATIONAL INC | $160.3M | 4.84% | 1,820,727 | Common | SOLE |
| 339750101 | FND | FLOOR & DECOR | $158.8M | 4.79% | 2,155,011 | Common | SOLE |
| 45687V106 | IR | INGERSOLL-RAND INC | $148.6M | 4.49% | 1,798,850 | Common | SOLE |
| 194693107 | CIGI | COLLIERS INTERNATIONAL GROUP INC | $127.5M | 3.85% | 816,133 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $121.5M | 3.67% | 2,707,477 | Common | SOLE |
| 817565104 | SCI | SERVICE CORP INTERNATIONAL | $110.9M | 3.35% | 1,332,045 | Common | SOLE |
| 05577W200 | DOO | BRP INC. | $104.4M | 3.15% | 1,717,746 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $100.2M | 3.03% | 777,450 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAPITAL GROUP INC | $96.1M | 2.90% | 225,920 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $93.3M | 2.82% | 592,200 | Common | SOLE |
| 559222401 | MGA | MAGNA INTERNATIONAL INC | $92.4M | 2.79% | 1,949,952 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $85.3M | 2.57% | 1,474,955 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $83.9M | 2.53% | 955,346 | Common | SOLE |
| 47580P103 | JELD | JELD-WEN HOLDINGS INC | $81.6M | 2.46% | 16,625,557 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HOLDINGS INC | $81.5M | 2.46% | 918,149 | Common | SOLE |
| 292554102 | ECPG | ENCORE CAPITAL GROUP INC | $81.3M | 2.45% | 1,947,490 | Common | SOLE |
| 29358P101 | ENSG | ENSIGN GROUP INC | $78.8M | 2.38% | 456,332 | Common | SOLE |
| 928881101 | VNT | VONTIER | $75.7M | 2.29% | 1,804,022 | Common | SOLE |
| 03937C105 | ARCB | ARCBEST CORP | $39.5M | 1.19% | 565,450 | Common | SOLE |
| 099724106 | BWA | BORGWARNER INC | $34.8M | 1.05% | 792,686 | Common | SOLE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC. | $6.9M | 0.21% | 56,540 | Common | SOLE |
| 499049104 | KNX | KNIGHT-SWIFT TRANSPORTATION | $6.8M | 0.21% | 173,213 | Common | SOLE |
| 703343103 | PATK | PATRICK INDUSTRIES INC | $4.9M | 0.15% | 47,450 | Common | SOLE |
| 45073V108 | ITT | ITT INC | $4.7M | 0.14% | 26,264 | Common | SOLE |
| 55939A107 | MAGN | MAGNERA CORPORATION | $3.7M | 0.11% | 314,733 | Common | SOLE |
| 58506Q109 | MEDP | MEDPACE HLDGS INC | $2.5M | 0.07% | 4,800 | Common | SOLE |
| 683715106 | OTEX | OPEN TEXT CORP | $2.0M | 0.06% | 53,160 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $1.8M | 0.05% | 24,990 | Common | SOLE |
| 952845105 | WFG | WEST FRASER TIMBER CO. LTD. | $1.2M | 0.04% | 17,350 | Common | SOLE |
| 880345103 | TNC | TENNANT CO | $429,618 | 0.01% | 5,300 | Common | SOLE |
| 70805E109 | PNTG | PENNANT GROUP | $302,640 | 0.01% | 12,000 | Common | SOLE |
| 25609L105 | DCBO | DOCEBO INC | $265,101 | 0.01% | 9,700 | Common | SOLE |
| 18538R103 | CLW | CLEARWATER PAPER CORP | $253,272 | 0.01% | 12,200 | Common | SOLE |
| 55003A108 | LVLU | LULU S FASHION LOUNGE | $17,240 | 0.00% | 3,668 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.