Andrew Brenton - Turtle Creek Asset Management 13F Activity & Position Changes (Q2 2023)

According to the SEC 13F filed on Aug 14, 2023, the Turtle Creek Asset Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2023. 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 Q2 2023, the filing reported:

New Buys - ATS Corporation

Increases - Brunswick Corporation, Bread Financial Holdings, Inc., Celanese Corporation, Colliers International Group In, CVS Health Corporation, and 18 more

Reductions - Berry Global Group, Inc., Builders FirstSource, Inc., BorgWarner Inc., Discover Financial Services, Euronet Worldwide, Inc., and 8 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
Q2 2023	ATS ATS Corporation	ATS Corporation	Buy - Position Entry	+2,329,131	-	$107.35M	2,329,131
Q2 2023	BC Brunswick Corporation	Brunswick Corporation	Buy	+306	+0.0%	$134.83M	1,556,254
Q2 2023	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Sell	-857,050	-15.0%	$313.19M	4,867,780
Q2 2023	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+853,151	+17.3%	$182.00M	5,797,961
Q2 2023	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-8,050	-37.4%	$1.84M	13,500
Q2 2023	BWA BorgWarner Inc.	BorgWarner Inc.	Sell	-17,500	-0.8%	$112.99M	2,310,159
Q2 2023	CE Celanese Corporation	Celanese Corporation	Buy	+5,300	+0.7%	$86.69M	748,656
Q2 2023	CIGI Colliers International Group In	Colliers International Group In	Buy	+248,050	+23.1%	$129.91M	1,323,040
Q2 2023	CVS CVS Health Corporation	CVS Health Corporation	Buy	+18,400	+57.6%	$3.48M	50,350
Q2 2023	DCBO Docebo Inc.	Docebo Inc.	Buy	+900	+100.0%	$70.97K	1,800
Q2 2023	DFS Discover Financial Services	Discover Financial Services	Sell	-108,650	-8.8%	$131.12M	1,122,155
Q2 2023	DOOO BRP Inc.	BRP Inc.	Buy	+4,800	+24.3%	$2.08M	24,550
Q2 2023	ECPG Encore Capital Group Inc	Encore Capital Group Inc	Buy	+63,820	+3.0%	$105.23M	2,164,286
Q2 2023	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Sell	-49,700	-6.4%	$85.42M	727,761
Q2 2023	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+1,400	+13.1%	$1.53M	12,100
Q2 2023	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy	+450	+0.0%	$116.43M	1,119,910
Q2 2023	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Buy	+273,650	+5.5%	$169.24M	5,249,299
Q2 2023	IR Ingersoll Rand Inc.	Ingersoll Rand Inc.	Sell	-189,780	-7.1%	$163.43M	2,500,530
Q2 2023	JBT John Bean Technologies Corporat	John Bean Technologies Corporat	Sell	-109,666	-14.0%	$81.43M	671,283
Q2 2023	KMX CarMax Inc	CarMax Inc	Sell	-773,880	-25.2%	$192.66M	2,301,759
Q2 2023	KNX Knight-Swift Transportation Hol	Knight-Swift Transportation Hol	Buy	+54,750	+76.2%	$7.03M	126,613
Q2 2023	LVLU Lulu's Fashion Lounge Holdings,	Lulu's Fashion Lounge Holdings,	Buy	+27,000	+96.4%	$139.15K	55,000
Q2 2023	MGA Magna International, Inc.	Magna International, Inc.	Sell	-32,250	-1.5%	$121.98M	2,161,279
Q2 2023	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+59,100	+4.8%	$191.49M	1,295,322
Q2 2023	OSK Oshkosh Corporation (Holding Co	Oshkosh Corporation (Holding Co	Sell	-800	-2.3%	$2.98M	34,450
Q2 2023	OTEX Open Text Corporation	Open Text Corporation	Sell	-401,800	-11.1%	$133.67M	3,217,109
Q2 2023	PBH Prestige Consumer Healthcare In	Prestige Consumer Healthcare In	Buy	+4,200	+27.5%	$1.16M	19,500
Q2 2023	PNTG The Pennant Group, Inc.	The Pennant Group, Inc.	Buy	+5,200	+72.2%	$152.27K	12,400
Q2 2023	RVLV Revolve Group, Inc.	Revolve Group, Inc.	Buy	+268,500	+211.9%	$6.48M	395,199
Q2 2023	SCI Service Corporation Internation	Service Corporation Internation	Buy	+60,246	+3.7%	$107.71M	1,667,621

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