Andrew Brenton - Turtle Creek Asset Management Investment Strategy & Portfolio Analysis
How Turtle Creek Asset Management allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.
According to the SEC 13F filed on Aug 14, 2026, Andrew Brenton's Turtle Creek Asset Management portfolio reflects a quant / systematic investor approach across 37 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are distributed across holdings, with the top five positions representing approximately 32% of total exposure. The portfolio maintains structural breadth across 37 positions, with economic weighting tilted toward industrials and technology names. Exposure to high-growth and technology-oriented segments is moderate relative to peers, with performance weighted across industrials, consumer discretionary, and real estate. The portfolio exhibits low turnover, consistent with a buy-and-hold posture held through multiple reporting cycles. Distinctive traits include Moderate Turnover, Broadly Diversified, Structurally Diversified.
Investment Style
Value, growth, quality, and behavioral classification from latest 13F holdings.
Primary type: Quant / Systematic Investor
Traits: Moderate Turnover, Broadly Diversified, Structurally Diversified
Turnover profile
Moderate
Holding horizon
Moderate
Portfolio Construction
Concentration and position sizing in the latest filing.
Portfolio construction is lowly concentrated: top three names represent 21.1% of assets, top five 32.3%, and the largest single position is 7.2%.
Top 3 weight
21.1%
Top 5 weight
32.3%
Top 10 weight
55.8%
Largest position
7.2%
Top holdings: Fiserv, Inc., Colliers International Group In, Floor & Decor Holdings, Inc., Bread Financial Holdings, Inc., Kinsale Capital Group, Inc. — view full holdings
Sector Preferences
Where capital is allocated by sector.
Capital is tilted toward Industrials and Technology, with 8 sectors represented in the latest filing.
Leading sectors: Industrials, Technology, Consumer Cyclical
Risk Framework
Concentration, diversification, and turnover tolerance.
This investor accepts low single-name risk (largest position 7.2%, top ten 55.8%) and high economic diversification (HHI 0.02). Turnover tolerance maps to a moderate profile.
Largest position
7.2%
Top 10 weight
55.8%
Max sector
23.9%
Diversification
High
Strategy Evolution
How the strategy changed between the two most recent filing periods.
Mar 31, 2026 → Jun 30, 2026
- Position count decreased from 39 to 37 (-2 names).
- Top-five concentration fell from 38.7% to 32.3%.
- Dominant sector mix shifted from Industrials, Consumer Cyclical to Industrials, Technology.
- Largest holding changed from Bread Financial Holdings, Inc. to Fiserv, Inc..
- Quarter-over-quarter portfolio weight turnover: 22.3%.
For trade-level changes, see the Activity page. View activity.
Similar Investors
Peer group with comparable portfolio behavior.
Similar-investor comparisons are coming soon.