Andrew Brenton - Turtle Creek Asset Management 13F Activity & Position Changes (Q3 2024)

As of Sep 30, 2024, the Turtle Creek Asset Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2024. 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 Q3 2024, the filing reported:

New Buys - Clearwater Paper Corporation, Patrick Industries, Inc., WillScot Holdings Corporation

Increases - ATS Corporation, Brunswick Corporation, Celanese Corporation, Docebo Inc., BRP Inc., and 6 more

Reductions - Aviat Networks, Inc., Berry Global Group, Inc., Bread Financial Holdings, Inc., Builders FirstSource, Inc., BorgWarner Inc., and 17 more

Complete Exits - Discover Financial Services, Fiserv, Inc., John Bean Technologies Corporat, Synchrony Financial

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
Q3 2024	ATS ATS Corporation	ATS Corporation	Buy	+3,810,531	+74.8%	$258.73M	8,906,269
Q3 2024	AVNW Aviat Networks, Inc.	Aviat Networks, Inc.	Sell	-1,400	-32.6%	$62.73K	2,900
Q3 2024	BC Brunswick Corporation	Brunswick Corporation	Buy	+28,799	+1.2%	$207.63M	2,477,048
Q3 2024	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Sell	-361,287	-8.5%	$266.06M	3,913,779
Q3 2024	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-97,895	-2.1%	$218.09M	4,583,616
Q3 2024	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-12,600	-48.8%	$2.57M	13,240
Q3 2024	BWA BorgWarner Inc.	BorgWarner Inc.	Sell	-89,250	-2.3%	$138.32M	3,811,530
Q3 2024	CE Celanese Corporation	Celanese Corporation	Buy	+314,250	+49.0%	$129.99M	956,106
Q3 2024	CIGI Colliers International Group In	Colliers International Group In	Sell	-236,800	-15.1%	$201.70M	1,328,623
Q3 2024	CLW Clearwater Paper Corporation	Clearwater Paper Corporation	Buy - Position Entry	+8,200	-	$234.03K	8,200
Q3 2024	CVS CVS Health Corporation	CVS Health Corporation	Sell	-56,490	-2.6%	$131.90M	2,097,667
Q3 2024	DCBO Docebo Inc.	Docebo Inc.	Buy	+700	+29.2%	$137.02K	3,100
Q3 2024	DFS Discover Financial Services	Discover Financial Services	Sell - Position Exit	-871,212	-100.0%	$0.00	-
Q3 2024	DOOO BRP Inc.	BRP Inc.	Buy	+165,450	+7.7%	$137.07M	2,302,073
Q3 2024	ECPG Encore Capital Group Inc	Encore Capital Group Inc	Sell	-66,206	-3.1%	$98.92M	2,092,643
Q3 2024	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Sell	-9,196	-1.1%	$85.00M	856,606
Q3 2024	FI Fiserv, Inc.	Fiserv, Inc.	Sell - Position Exit	-16,500	-100.0%	$0.00	-
Q3 2024	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Sell	-66,844	-5.3%	$148.55M	1,196,333
Q3 2024	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-1,229,050	-28.1%	$148.04M	3,142,430
Q3 2024	IR Ingersoll Rand Inc.	Ingersoll Rand Inc.	Sell	-48,100	-2.7%	$173.17M	1,764,158
Q3 2024	JBT John Bean Technologies Corporat	John Bean Technologies Corporat	Sell - Position Exit	-31,834	-100.0%	$0.00	-
Q3 2024	KMX CarMax Inc	CarMax Inc	Sell	-238,287	-8.6%	$196.02M	2,533,165
Q3 2024	KNSL Kinsale Capital Group, Inc.	Kinsale Capital Group, Inc.	Sell	-66,259	-20.2%	$121.68M	261,349
Q3 2024	KNX Knight-Swift Transportation Hol	Knight-Swift Transportation Hol	Sell	-16,650	-6.0%	$14.02M	259,863
Q3 2024	MGA Magna International, Inc.	Magna International, Inc.	Buy	+178,950	+7.4%	$106.42M	2,593,029
Q3 2024	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+51,188	+2.9%	$252.25M	1,813,083
Q3 2024	OTEX Open Text Corporation	Open Text Corporation	Sell	-402,455	-7.1%	$174.96M	5,257,153
Q3 2024	PATK Patrick Industries, Inc.	Patrick Industries, Inc.	Buy - Position Entry	+41,500	-	$5.91M	41,500
Q3 2024	PHIN PHINIA Inc.	PHINIA Inc.	Sell	-1,900	-47.5%	$96.66K	2,100
Q3 2024	PNTG The Pennant Group, Inc.	The Pennant Group, Inc.	Sell	-4,500	-81.8%	$35.70K	1,000

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