Turtle Creek Asset Management Inc.
Turtle Creek Asset Management Inc. is an exempt reporting adviser based in Toronto, Canada that reports managing 5 hedge funds on Form ADV. Its private funds, of all types, hold $2.8 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +3.9% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated -2.2% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- —Form ADV Item 5.F
- Gross assets of private funds
- $2.8 billionAll private fund types, Form ADV
- Hedge funds managed
- 55 private funds in total
- Employees
- —Form ADV Item 5.A
- Registration
- Exempt reporting adviserCRD 271033
- Latest Form ADV
- 04/16/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +7.0% | +14.8% |
| Q1 2026 | -2.9% | -4.6% |
| Q4 2025 | -2.0% | +2.4% |
| Q3 2025 | -1.0% | +7.8% |
| Q2 2025 | +4.8% | +10.4% |
| Q1 2025 | -9.9% | -4.5% |
| Q4 2024 | -6.9% | +2.1% |
| Q3 2024 | +10.2% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Fiserv Inc Com$176.6 million
- Colliers Intl Group Inc$172.5 million
- Floor & Decor Hldgs Inc$167.2 million
- Bread Financial Holdings Inc$142.0 million
- Kinsale Capital Group Inc$131.6 million
- Willscot Hldgs Corp$127.6 million
- Euronet Worldwide Inc$124.4 million
- 866966104$115.9 million
- Ingersoll Rand Inc.$111.3 million
- Celanese Corp Del$105.0 million
As of 2026-06-30, from 13F filing by Turtle Creek Asset Management Inc..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures