Andrew Brenton - Turtle Creek Asset Management 13F Activity & Position Changes (Q1 2022)

According to the SEC 13F filed on May 13, 2022, the Turtle Creek Asset Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2022. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2022, the filing reported:

New Buys - None reported

Increases - Brunswick Corporation, Berry Global Group, Inc., Bread Financial Holdings, Inc., BorgWarner Inc., Colliers International Group In, and 9 more

Reductions - Discover Financial Services, Encore Capital Group Inc, Euronet Worldwide, Inc., Flowserve Corporation, Gildan Activewear, Inc., and 6 more

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2022	BC Brunswick Corporation	Brunswick Corporation	Buy	+977,250	+2164.5%	$82.70K	1,022,400
Q1 2022	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Buy	+415,879	+6.7%	$383.01K	6,608,110
Q1 2022	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+365,818	+20.0%	$123.34K	2,196,606
Q1 2022	BWA BorgWarner Inc.	BorgWarner Inc.	Buy	+337,150	+12.9%	$115.13K	2,959,724
Q1 2022	CIGI Colliers International Group In	Colliers International Group In	Buy	+20,100	+5.9%	$46.72K	358,265
Q1 2022	DFS Discover Financial Services	Discover Financial Services	Sell	-34,690	-3.7%	$99.57K	903,585
Q1 2022	DOOO BRP Inc.	BRP Inc.	Buy	+7,450	+186.2%	$936.00	11,450
Q1 2022	ECPG Encore Capital Group Inc	Encore Capital Group Inc	Sell	-134,047	-10.3%	$73.02K	1,164,071
Q1 2022	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Sell	-392,125	-33.2%	$102.47K	787,331
Q1 2022	FLS Flowserve Corporation	Flowserve Corporation	Sell	-369,250	-17.5%	$62.46K	1,739,907
Q1 2022	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-9,303	-0.2%	$139.37K	3,718,599
Q1 2022	IR Ingersoll Rand Inc.	Ingersoll Rand Inc.	Buy	+213,850	+7.1%	$162.68K	3,230,956
Q1 2022	JBT John Bean Technologies Corporat	John Bean Technologies Corporat	Buy	+22,150	+95.0%	$5.39K	45,460
Q1 2022	JELD JELD-WEN Holding, Inc.	JELD-WEN Holding, Inc.	Buy	+3,273,690	+38.9%	$237.12K	11,692,075
Q1 2022	KMX CarMax Inc	CarMax Inc	Buy	+409,208	+84.3%	$86.32K	894,722
Q1 2022	MGA Magna International, Inc.	Magna International, Inc.	Buy	+611,350	+38.7%	$140.82K	2,189,650
Q1 2022	MIDD The Middleby Corporation	The Middleby Corporation	Sell	-25,442	-2.3%	$179.61K	1,095,581
Q1 2022	OSK Oshkosh Corporation (Holding Co	Oshkosh Corporation (Holding Co	Sell	-950	-3.2%	$2.92K	29,000
Q1 2022	OTEX Open Text Corporation	Open Text Corporation	Buy	+303,000	+13.9%	$105.49K	2,488,016
Q1 2022	PBH Prestige Consumer Healthcare In	Prestige Consumer Healthcare In	Sell	-1,329,526	-94.6%	$4.00K	75,465
Q1 2022	PRAA PRA Group, Inc.	PRA Group, Inc.	Sell	-229,931	-8.7%	$108.70K	2,411,321
Q1 2022	SCI Service Corporation Internation	Service Corporation Internation	Sell	-82,650	-3.8%	$139.06K	2,112,745
Q1 2022	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Sell	-223,200	-10.8%	$137.81K	1,837,015
Q1 2022	TFII TFI International Inc.	TFI International Inc.	Buy	+577,450	+52.2%	$179.41K	1,684,436
Q1 2022	URBN Urban Outfitters, Inc.	Urban Outfitters, Inc.	Buy	+1,624,012	+41.3%	$139.62K	5,560,507