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

As of Mar 31, 2022, the Turtle Creek Asset Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 13, 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