Andrew Brenton - Turtle Creek Asset Management 13F Activity & Position Changes (Q4 2021)

According to the SEC 13F filed on Feb 14, 2022, the Turtle Creek Asset Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2021. 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 2021, the filing reported:

New Buys - Brunswick Corporation

Increases - Berry Global Group, Inc., Bread Financial Holdings, Inc., BorgWarner Inc., Discover Financial Services, BRP Inc., and 11 more

Reductions - Colliers International Group In, Encore Capital Group Inc, Gildan Activewear, Inc., Ingersoll Rand Inc., John Bean Technologies Corporat, and 4 more

Complete Exits - Polaris Inc.

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 2021	BC Brunswick Corporation	Brunswick Corporation	Buy - Position Entry	+45,150	-	$4.55K	45,150
Q4 2021	BERY Berry Global Group, Inc.	Berry Global Group, Inc.	Buy	+341,200	+5.8%	$456.86K	6,192,231
Q4 2021	BFH Bread Financial Holdings, Inc.	Bread Financial Holdings, Inc.	Buy	+812,699	+79.8%	$121.88K	1,830,788
Q4 2021	BWA BorgWarner Inc.	BorgWarner Inc.	Buy	+58,800	+2.3%	$118.20K	2,622,574
Q4 2021	CIGI Colliers International Group In	Colliers International Group In	Sell	-18,900	-5.3%	$50.27K	338,165
Q4 2021	DFS Discover Financial Services	Discover Financial Services	Buy	+107,050	+12.9%	$108.43K	938,275
Q4 2021	DOOO BRP Inc.	BRP Inc.	Buy	+1,550	+63.3%	$351.00	4,000
Q4 2021	ECPG Encore Capital Group Inc	Encore Capital Group Inc	Sell	-132,077	-9.2%	$80.63K	1,298,118
Q4 2021	EEFT Euronet Worldwide, Inc.	Euronet Worldwide, Inc.	Buy	+493,579	+72.0%	$140.56K	1,179,456
Q4 2021	FLS Flowserve Corporation	Flowserve Corporation	Buy	+368,345	+21.2%	$64.54K	2,109,157
Q4 2021	GIL Gildan Activewear, Inc.	Gildan Activewear, Inc.	Sell	-623,900	-14.3%	$158.03K	3,727,902
Q4 2021	IR Ingersoll Rand Inc.	Ingersoll Rand Inc.	Sell	-52,950	-1.7%	$186.67K	3,017,106
Q4 2021	JBT John Bean Technologies Corporat	John Bean Technologies Corporat	Sell	-7,000	-23.1%	$3.58K	23,310
Q4 2021	JELD JELD-WEN Holding, Inc.	JELD-WEN Holding, Inc.	Buy	+482,400	+6.1%	$221.91K	8,418,385
Q4 2021	KMX CarMax Inc	CarMax Inc	Buy	+4,600	+1.0%	$63.23K	485,514
Q4 2021	KNX Knight-Swift Transportation Hol	Knight-Swift Transportation Hol	Buy	+700	+4.3%	$1.04K	17,013
Q4 2021	MGA Magna International, Inc.	Magna International, Inc.	Buy	+48,050	+3.1%	$127.75K	1,578,300
Q4 2021	MIDD The Middleby Corporation	The Middleby Corporation	Buy	+10,850	+1.0%	$220.57K	1,121,023
Q4 2021	OSK Oshkosh Corporation (Holding Co	Oshkosh Corporation (Holding Co	Buy	+4,050	+15.6%	$3.38K	29,950
Q4 2021	OTEX Open Text Corporation	Open Text Corporation	Buy	+77,900	+3.7%	$103.75K	2,185,016
Q4 2021	PBH Prestige Consumer Healthcare In	Prestige Consumer Healthcare In	Sell	-198,304	-12.4%	$85.21K	1,404,991
Q4 2021	PII Polaris Inc.	Polaris Inc.	Sell - Position Exit	-12,300	-100.0%	$0.00	-
Q4 2021	PRAA PRA Group, Inc.	PRA Group, Inc.	Sell	-92,416	-3.4%	$132.62K	2,641,252
Q4 2021	SCI Service Corporation Internation	Service Corporation Internation	Sell	-176,100	-7.4%	$155.85K	2,195,395
Q4 2021	SSNC SS&C Technologies Holdings, Inc	SS&C Technologies Holdings, Inc	Sell	-47,600	-2.3%	$168.90K	2,060,215
Q4 2021	TFII TFI International Inc.	TFI International Inc.	Buy	+55,850	+5.3%	$124.10K	1,106,986
Q4 2021	URBN Urban Outfitters, Inc.	Urban Outfitters, Inc.	Buy	+871,300	+28.4%	$115.58K	3,936,495