Turtle Creek Asset Management’s TFI International TFII Stock Holding History

Turtle Creek Asset Management’s Portfolio TFII Stock Details TFII Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$118M	Sell	1,082,942 -292,300	-21%	-$32.7M	4.4%	12
2025 Q4	$142M	Sell	1,375,242 -445,485	-24%	-$41.5M	6.26%	4
2025 Q3	$160M	Sell	1,820,727 -109,251	-6%	-$10M	4.84%	8
2025 Q2	$173M	Sell	1,929,978 -111,200	-5%	-$9.41M	5.02%	7
2025 Q1	$158M	Buy	2,041,178 +1,069,752	+110%	+$118M	4.45%	9
2024 Q4	$131M	Sell	971,426 -26,550	-3%	-$3.78M	3.41%	15
2024 Q3	$137M	Buy	997,976 +7,180	+0.7%	+$1.06M	3.28%	17
2024 Q2	$144M	Buy	990,796 +35,250	+4%	+$4.98M	3.7%	14
2024 Q1	$152M	Sell	955,546 -412,400	-30%	-$59M	3.72%	12
2023 Q4	$186M	Buy	1,367,946 +54,790	+4%	+$6.49M	4.91%	5
2023 Q3	$169M	Sell	1,313,156 -226,800	-15%	-$28.8M	4.82%	6
2023 Q2	$175M	Buy	1,539,956 +115,300	+8%	+$12.7M	5.03%	6
2023 Q1	$170M	Sell	1,424,656 -151,830	-10%	-$17.7M	5.26%	5
2022 Q4	$158M	Sell	1,576,486 -75,050	-5%	-$7.49M	5.57%	5
2022 Q3	$149M	Sell	1,651,536 -709,550	-30%	-$68.8M	6.2%	3
2022 Q2	$190M	Buy	2,361,086 +676,650	+40%	+$55.1M	7.34%	3
2022 Q1	$179M	Buy	1,684,436 +577,450	+52%	+$58.8M	6.28%	4
2021 Q4	$124M	Buy	1,106,986 +55,850	+5%	+$6.08M	4.11%	11
2021 Q3	$107M	Sell	1,051,136 -149,703	-12%	-$16M	4.1%	11
2021 Q2	$110M	Buy	1,200,839 +14,100	+1%	+$1.23M	4.62%	10
2021 Q1	$88.7M	Sell	1,186,739 -214,250	-15%	-$14.6M	4.26%	12
2020 Q4	$72.3M	Sell	1,400,989 -430,650	-24%	-$21.4M	4.02%	14
2020 Q3	$76.6M	Sell	1,831,639 -1,301,800	-42%	-$54.8M	4.87%	11
2020 Q2	$111M	Sell	3,133,439 -579,900	-16%	-$16.5M	7.36%	4
2020 Q1	$82M	Buy	+3,713,339	New	+$100M	6.97%	4

Other funds holding TFII

Caisse de Depot et Placement du Quebec (CDPQ) Montreal, Quebec, Canada $62.4B AUM 23.7% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

FDCDDQ

Federation des caisses Desjardins du Quebec Levis, Quebec, Canada $27.8B AUM 31.66% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Turtle Creek Asset Management's TFII Position: Q1 2026 in Review

Turtle Creek Asset Management reduced its TFI International (TFII) stake by 21% in Q1 2026, selling an estimated $32.7M and leaving 1,082,942 shares worth $118M. The position accounts for 4.4% of the portfolio, ranked #12.

Turtle Creek Asset Management first reported a position in TFII in Q1 2020 and has held it in 25 quarters since. The position peaked at $190M in Q2 2022. 250 funds tracked by Wall St. Rank hold TFII as of Q1 2026.

Turtle Creek Asset Management held 1,082,942 shares of TFI International worth $118M as of Q1 2026.
Turtle Creek Asset Management sold 292,300 TFI International shares in Q1 2026, an estimated $32.7M.
TFI International made up 4.4% of Turtle Creek Asset Management's portfolio in Q1 2026, its #12 holding.
Turtle Creek Asset Management first reported a position in TFI International in Q1 2020 and has held it in 25 quarters since.
Turtle Creek Asset Management's TFI International position peaked at $190M in Q2 2022.
250 funds tracked by Wall St. Rank held TFI International as of Q1 2026.

Based on Turtle Creek Asset Management's 13F filing for Q1 2026, filed 15 May 2026.