Institutional Manager · CIK 0001484148
TURTLE CREEK ASSET MANAGEMENT INC.
TORONTO, A6 · File #028-16303
Latest AUM
$2.27B
Positions
38
Top-10 Concentration
58.7%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | BRUNSWICK CORP | BC-PC | -1,829,550 | -$135.8M | +$32.2M |
| REDUCE | CELANESE | CE | -2,958,825 | -$125.1M | +$1.0M |
| EXITED | CARMAX INC | 143130102 | -2,707,477 | -$121.5M | $0 |
| REDUCE | BRP INC. | DOO | -980,200 | -$69.4M | +$17.1M |
| REDUCE | BREAD FINANCIAL HOLDINGS INC | BFH-PA | -732,114 | -$54.2M | +$60.0M |
| REDUCE | ENCORE CAPITAL GROUP INC | ECR | -976,897 | -$53.1M | +$24.6M |
| REDUCE | MIDDLEBY CORP | MIDD | -344,821 | -$51.3M | +$23.0M |
| REDUCE | WILLSCOT HOLDINGS | WSC | -2,546,385 | -$47.9M | -$19.9M |
| REDUCE | MAGNA INTERNATIONAL INC | 559222401 | -891,100 | -$47.5M | +$11.5M |
| REDUCE | TFI INTERNATIONAL INC | 87241L109 | -445,485 | -$46.0M | +$27.8M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202538 pos · $2.27B
- 13F HOLDINGS REPORTQ/E Sep 202541 pos · $3.31B
- 13F HOLDINGS REPORTQ/E Jun 202541 pos · $3.44B
- 13F HOLDINGS REPORTQ/E Mar 202538 pos · $3.56B
- 13F HOLDINGS REPORTQ/E Dec 202438 pos · $3.85B
- 13F HOLDINGS REPORTQ/E Sep 202438 pos · $4.17B
- 13F HOLDINGS REPORTQ/E Jun 202439 pos · $3.88B
- 13F HOLDINGS REPORTQ/E Mar 202440 pos · $4.10B
- 13F HOLDINGS REPORTQ/E Dec 202339 pos · $3.50B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BREAD FINANCIAL HOLDINGS INC | BFH-PA | 2,551,432 | $188.9M | 8.31% |
| 2 | MIDDLEBY CORP | MIDD | 1,116,989 | $166.1M | 7.31% |
| 3 | ATS CORP | ATS | 5,642,052 | $155.4M | 6.84% |
| 4 | TFI INTERNATIONAL INC | 87241L109 | 1,375,242 | $142.1M | 6.25% |
| 5 | INGERSOLL-RAND INC | IR | 1,530,417 | $121.2M | 5.34% |
| 6 | COLLIERS INTERNATIONAL GROUP INC | 194693107 | 813,241 | $119.6M | 5.26% |
| 7 | FLOOR & DECOR | FND | 1,945,733 | $118.5M | 5.21% |
| 8 | WILLSCOT HOLDINGS | WSC | 6,183,962 | $116.4M | 5.12% |
| 9 | KINSALE CAPITAL GROUP INC | 49714P108 | 278,670 | $109.0M | 4.80% |
| 10 | EURONET WORLDWIDE INC | EEFT | 1,274,846 | $97.0M | 4.27% |
| 11 | CELANESE | CE | 2,156,540 | $91.2M | 4.01% |
| 12 | COGENT COMMUNICATIONS HOLDINGS | CCOI | 4,036,847 | $87.0M | 3.83% |
| 13 | BRUNSWICK CORP | BC-PC | 1,096,673 | $81.4M | 3.58% |
| 14 | SERVICE CORP INTERNATIONAL | 817565104 | 1,037,345 | $80.9M | 3.56% |
| 15 | SS&C TECHNOLOGIES HOLDINGS INC | SSNC | 808,549 | $70.7M | 3.11% |
| 16 | GILDAN ACTIVEWEAR INC | GIL | 1,087,155 | $67.9M | 2.99% |
| 17 | VONTIER | VNT | 1,800,404 | $66.9M | 2.95% |
| 18 | WEX INC | WEX | 422,412 | $62.9M | 2.77% |
| 19 | ENSIGN GROUP INC | ENSG | 337,070 | $58.7M | 2.58% |
| 20 | MAGNA INTERNATIONAL INC | 559222401 | 1,058,852 | $56.4M | 2.48% |