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TCAM
Turtle Creek Asset Management Portfolio holdings
AUM
$2.67B
1-Year Est. Return
0.64%
This Fund
S&P 500
This Quarter
Est. Return
+11.78%
1 Year Est. Return
-0.64%
3 Year Est. Return
+1.45%
5 Year Est. Return
-4.36%
10 Year Est. Return
+77.51%
AUM
$3.23B
AUM Growth
+$391M
(+14%)
Cap. Flow
+$109M
Cap. Flow
% of AUM
3.38%
Top 10 Holdings %
Top 10 Hldgs %
56.63%
Holding
37
New
4
Increased
22
Reduced
11
Closed
–
Top Buys
| 1 |
Vontier
VNT
|
+$56.7M |
| 2 |
Encore Capital Group
ECPG
|
+$31M |
| 3 |
Bread Financial
BFH
|
+$25.4M |
| 4 |
DFS
Discover Financial Services
DFS
|
+$24.9M |
| 5 |
Service Corp International
SCI
|
+$16.8M |
Top Sells
| 1 |
BERY
Berry Global Group, Inc.
BERY
|
+$30.5M |
| 2 |
Open Text
OTEX
|
+$22M |
| 3 |
TFI International
TFII
|
+$17.7M |
| 4 |
BorgWarner
BWA
|
+$17.6M |
| 5 |
Euronet Worldwide
EEFT
|
+$13.7M |
Sector Composition
| 1 | Consumer Discretionary | 33.82% |
| 2 | Industrials | 24.12% |
| 3 | Technology | 13.73% |
| 4 | Materials | 13% |
| 5 | Financials | 11.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BERY
1
DELISTED
Berry Global Group, Inc.
BERY
| $337M | 10.45% |
6,234,340
-551,121
| -8% | -$30.5M |
|
2
CarMax
KMX
$8.14B
| $198M | 6.12% |
3,075,639
+155,700
| +5% | +$10.4M |
|
3
Middleby
MIDD
$6.02B
| $181M | 5.61% |
1,236,222
+7,400
| +0.6% | +$1.1M |
|
4
JELD-WEN Holding
JELD
$101M
| $177M | 5.47% |
13,949,920
+190,700
| +1% | +$2.36M |
|
|
5
TFI International
TFII
$12.8B
| $170M | 5.26% |
1,424,656
-151,830
| -10% | -$17.7M |
|
6
Gildan
GIL
$10B
| $165M | 5.12% |
4,975,649
+279,652
| +6% | +$8.62M |
|
7
Ingersoll Rand
IR
$32.2B
| $157M | 4.85% |
2,690,310
-69,346
| -3% | -$3.91M |
|
|
8
Bread Financial
BFH
$4.01B
| $150M | 4.64% |
4,944,810
+678,429
| +16% | +$25.4M |
|
9
SS&C Technologies
SSNC
$16.8B
| $150M | 4.64% |
2,651,944
+36,050
| +1% | +$2.08M |
|
10
Urban Outfitters
URBN
$6.25B
| $144M | 4.46% |
5,192,493
-58,050
| -1% | -$1.56M |
|
|
11
Open Text
OTEX
$5.65B
| $140M | 4.32% |
3,618,909
-635,650
| -15% | -$22M |
|
12
Brunswick
BC
$5.23B
| $128M | 3.95% |
1,555,948
-7,438
| -0.5% | -$615K |
|
|
DFS
13
DELISTED
Discover Financial Services
DFS
| $122M | 3.77% |
1,230,805
+232,700
| +23% | +$24.9M |
|
14
Magna International
MGA
$18.1B
| $118M | 3.64% |
2,193,529
+36,850
| +2% | +$2.13M |
|
|
15
BorgWarner
BWA
$12.8B
| $114M | 3.54% |
2,644,221
-424,142
| -14% | -$17.6M |
|
16
Colliers International
CIGI
$5.21B
| $113M | 3.52% |
1,074,990
+87,036
| +9% | +$9.33M |
|
|
17
Service Corp International
SCI
$10.9B
| $111M | 3.43% |
1,607,375
+242,929
| +18% | +$16.8M |
|
18
Floor & Decor
FND
$6.14B
| $110M | 3.41% |
1,119,460
+24,400
| +2% | +$2.19M |
|
|
19
Encore Capital Group
ECPG
$1.96B
| $106M | 3.28% |
2,100,466
+592,906
| +39% | +$31M |
|
|
20
Euronet Worldwide
EEFT
$3.1B
| $87M | 2.7% |
777,461
-127,063
| -14% | -$13.7M |
|
|
JBTM
21
JBT Marel
JBTM
$6.98B
| $85.3M | 2.64% |
780,949
+83,500
| +12% | +$8.83M |
|
22
Celanese
CE
$5.01B
| $80.9M | 2.51% |
743,356
+85,256
| +13% | +$9.84M |
|
|
23
Vontier
VNT
$4.27B
| $65.7M | 2.03% |
2,401,668
+2,344,168
| +4,077% | +$56.7M |
|
24
Knight Transportation
KNX
$12.5B
| $4.07M | 0.13% |
71,863
+1,050
| +1% | +$60.1K |
|
25
Revolve Group
RVLV
$1.78B
| $3.33M | 0.1% |
126,699
-1,600
| -1% | -$41.3K |
|
Similar funds
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WG
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ACIM
BCV
Turtle Creek Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Turtle Creek Asset Management held 37 positions worth $3.23B, up 14% from $2.84B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Turtle Creek Asset Management deployed $109M of net new capital in Q1 2023, opening 4 new positions and adding to 22 existing holdings. Its largest new stake was Pennant Group: 7,200 shares worth $103K.
By sector, the portfolio is most concentrated in Consumer Discretionary at 34% of assets, up from 33% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Berry Global Group, Inc., an estimated $30.5M trimmed.
- Turtle Creek Asset Management's largest Q1 2023 buy was Pennant Group: 7,200 shares worth $103K.
- Turtle Creek Asset Management added most to Vontier in Q1 2023, an estimated $56.7M increase.
- Turtle Creek Asset Management's biggest Q1 2023 reduction was Berry Global Group, Inc., cutting an estimated $30.5M.
- Turtle Creek Asset Management's ten largest holdings make up 57% of its $3.23B portfolio in Q1 2023.
- Turtle Creek Asset Management opened 4 new positions and closed 0 in Q1 2023.
- Turtle Creek Asset Management's portfolio value rose 14% quarter-over-quarter to $3.23B.
Based on Turtle Creek Asset Management's 13F filing for Q1 2023, filed 15 May 2023.