Turtle Creek Asset Management Inc. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Turtle Creek Asset Management Inc. disclosed 38 US equity positions worth $2.3bn in its Q4 2025 13F filing. The largest position was BFH at 8.3% of the reported book, followed by MIDD and ATS. Against the Q3 2025 filing, it opened 1 new position, added to 9 and reduced 25 among the top 38 holdings.
What did Turtle Creek Asset Management Inc. own in Q4 2025? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BFH BREAD FINANCIAL HOLDINGS INC | Financial Services | 8.3% | $188.9m | 2,551,432 | -22% | reduced |
| 2 | MIDD MIDDLEBY CORP | Industrials | 7.3% | $166.1m | 1,116,989 | -24% | reduced |
| 3 | ATS ATS CORP | 6.8% | $155.4m | 5,642,052 | -19% | reduced | |
| 4 | TFII TFI INTERNATIONAL INC | Industrials | 6.3% | $142.1m | 1,375,242 | -24% | reduced |
| 5 | IR INGERSOLL-RAND INC | Industrials | 5.3% | $121.2m | 1,530,417 | -15% | reduced |
| 6 | CIGI COLLIERS INTERNATIONAL GROUP INC | Real Estate | 5.3% | $119.6m | 813,241 | -0% | held |
| 7 | FND FLOOR & DECOR | Consumer Cyclical | 5.2% | $118.5m | 1,945,733 | -10% | reduced |
| 8 | WSC WILLSCOT HOLDINGS | Industrials | 5.1% | $116.4m | 6,183,962 | -29% | reduced |
| 9 | KNSL KINSALE CAPITAL GROUP INC | Financial Services | 4.8% | $109.0m | 278,670 | 23% | added |
| 10 | EEFT EURONET WORLDWIDE INC | Technology | 4.3% | $97.0m | 1,274,846 | 33% | added |
| 11 | CE CELANESE | Basic Materials | 4.0% | $91.2m | 2,156,540 | -58% | reduced |
| 12 | CCOI COGENT COMMUNICATIONS HOLDINGS | Communication Services | 3.8% | $87.0m | 4,036,847 | -12% | reduced |
| 13 | BC BRUNSWICK CORP | Consumer Cyclical | 3.6% | $81.4m | 1,096,673 | -63% | reduced |
| 14 | SCI SERVICE CORP INTERNATIONAL | Consumer Cyclical | 3.6% | $80.9m | 1,037,345 | -22% | reduced |
| 15 | SSNC SS&C TECHNOLOGIES HOLDINGS INC | Technology | 3.1% | $70.7m | 808,549 | -12% | reduced |
| 16 | GIL GILDAN ACTIVEWEAR INC | Consumer Cyclical | 3.0% | $67.9m | 1,087,155 | -26% | reduced |
| 17 | VNT VONTIER | Technology | 2.9% | $66.9m | 1,800,404 | -0% | held |
| 18 | WEX WEX INC | Technology | 2.8% | $62.9m | 422,412 | -29% | reduced |
| 19 | ENSG ENSIGN GROUP INC | Healthcare | 2.6% | $58.7m | 337,070 | -26% | reduced |
| 20 | MGA MAGNA INTERNATIONAL INC | Consumer Cyclical | 2.5% | $56.4m | 1,058,852 | -46% | reduced |
| 21 | ECPG ENCORE CAPITAL GROUP INC | Financial Services | 2.3% | $52.8m | 970,593 | -50% | reduced |
| 22 | DOO BRP INC. | Consumer Cyclical | 2.3% | $52.2m | 737,546 | -57% | reduced |
| 23 | JELD JELD-WEN HOLDINGS INC | Industrials | 1.8% | $40.9m | 16,625,557 | 0% | held |
| 24 | BWA BORGWARNER INC | Consumer Cyclical | 0.8% | $19.0m | 422,098 | -47% | reduced |
| 25 | FISV FISERV INC | 0.7% | $16.6m | 247,501 | -68% | reduced | |
| 26 | BLDR BUILDERS FIRSTSOURCE INC. | Industrials | 0.3% | $7.0m | 67,640 | 20% | added |
| 27 | ITT ITT INC | Industrials | 0.3% | $5.8m | 33,264 | 27% | added |
| 28 | PATK PATRICK INDUSTRIES INC | Consumer Cyclical | 0.2% | $5.0m | 46,250 | -3% | reduced |
| 29 | BCO BRINK'S COMPANY | Industrials | 0.2% | $3.5m | 30,400 | – | new |
| 30 | KNX KNIGHT-SWIFT TRANSPORTATION | Industrials | 0.1% | $3.3m | 63,713 | -63% | reduced |
| 31 | SYF SYNCHRONY FINANCIAL | Financial Services | 0.1% | $2.7m | 32,940 | 32% | added |
| 32 | MEDP MEDPACE HLDGS INC | Healthcare | 0.1% | $1.6m | 2,800 | -42% | reduced |
| 33 | OTEX OPEN TEXT CORP | Technology | 0.0% | $958.2k | 29,410 | -45% | reduced |
| 34 | WFG WEST FRASER TIMBER CO. LTD. | Basic Materials | 0.0% | $944.1k | 15,450 | -11% | reduced |
| 35 | TNC TENNANT CO | Industrials | 0.0% | $722.3k | 9,800 | 85% | added |
| 36 | PNTG PENNANT GROUP | Healthcare | 0.0% | $365.9k | 13,000 | 8% | added |
| 37 | DCBO DOCEBO INC | Technology | 0.0% | $339.7k | 15,300 | 58% | added |
| 38 | CLW CLEARWATER PAPER CORP | Basic Materials | 0.0% | $221.0k | 12,700 | 4% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.