Andrew Brenton - Turtle Creek Asset Management 13F Activity & Position Changes (Q4 2017)

According to the SEC 13F filed on Aug 14, 2026, the Turtle Creek Asset Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2017. 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 Q4 2017, the filing reported:

New Buys - Cogent Communications Holdings,, F5, Inc.

Increases - A.O. Smith Corporation, Clean Harbors, Inc., The Descartes Systems Group Inc, Kirby Corporation, Manhattan Associates, Inc., and 6 more

Reductions - Bread Financial Holdings, Inc., BorgWarner Inc., Fastenal Company, Gildan Activewear, Inc., Polaris Inc., and 4 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
Q4 2017	AOS A.O. Smith Corporation	A.O. Smith Corporation	Buy	+200	+3.2%	$398.00	6,500
Q4 2017	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Sell	-24,300	-9.4%	$59.55K	234,950
Q4 2017	BWA BorgWarner Inc.	BorgWarner Inc.	Sell	-259,900	-22.6%	$45.53K	891,250
Q4 2017	CCOI Cogent Communications Holdings,	Cogent Communications Holdings,	Buy - Position Entry	+31,600	-	$1.43K	31,600
Q4 2017	CLH Clean Harbors, Inc.	Clean Harbors, Inc.	Buy	+6,450	+27.3%	$1.63K	30,050
Q4 2017	DSGX The Descartes Systems Group Inc	The Descartes Systems Group Inc	Buy	+800	+88.9%	$48.00	1,700
Q4 2017	FAST Fastenal Company	Fastenal Company	Sell	-16,100	-3.5%	$24.04K	439,600
Q4 2017	FFIV F5, Inc.	F5, Inc.	Buy - Position Entry	+282,600	-	$37.08K	282,600
Q4 2017	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-243,900	-5.5%	$135.89K	4,207,013
Q4 2017	KEX Kirby Corporation	Kirby Corporation	Buy	+4,000	+27.8%	$1.23K	18,400
Q4 2017	MANH Manhattan Associates, Inc.	Manhattan Associates, Inc.	Buy	+22,200	+203.7%	$1.64K	33,100
Q4 2017	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+477,050	+1234.3%	$69.59K	515,700
Q4 2017	NTCT NetScout Systems, Inc.	NetScout Systems, Inc.	Buy	+1,677,066	+54.6%	$144.65K	4,750,446
Q4 2017	OTEX Open Text Corporation	Open Text Corporation	Buy	+370,130	+15.2%	$99.97K	2,802,516
Q4 2017	PII Polaris Inc.	Polaris Inc.	Sell	-4,650	-40.8%	$837.00	6,750
Q4 2017	PRAA PRA Group, Inc.	PRA Group, Inc.	Sell	-1,079,921	-18.1%	$161.88K	4,876,044
Q4 2017	SCI Service Corporation Internation	Service Corporation Internation	Buy	+50,100	+3.7%	$52.82K	1,415,350
Q4 2017	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Sell	-56,004	-3.0%	$72.96K	1,802,296
Q4 2017	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Buy	+15,700	+2.0%	$62.32K	815,050
Q4 2017	TSCO Tractor Supply Company	Tractor Supply Company	Sell	-161,250	-13.0%	$80.48K	1,076,686
Q4 2017	URBN Urban Outfitters, Inc.	Urban Outfitters, Inc.	Sell	-2,284,162	-77.4%	$23.43K	668,388
Q4 2017	WAB Westinghouse Air Brake Technolo	Westinghouse Air Brake Technolo	Buy	+2,600	+38.8%	$757.00	9,300