Form 4: Turtle Creek Asset Management Increases Stake in JELD-WEN Holding, Inc.

Turtle Creek Asset Management reports increased ownership in JELD-WEN Holding, Inc. through a series of open market purchases.

Summary

• Turtle Creek Asset Management Inc., through several of its funds, has increased its holdings in JELD-WEN Holding, Inc. common stock.
• The transactions occurred between April 16, 2025, and April 21, 2025.
• The purchases were made at varying prices, ranging from $5.01 to $5.195 per share.
• The funds involved include Turtle Creek Equity Fund, Turtle Creek Investment Fund, Turtle Creek United States Equity Fund, Turtle Creek North American Equity Fund, and Turtle Creek Synthetic PE Fund.
• Following these transactions, Turtle Creek Equity Fund holds 13,109,018 shares, Turtle Creek Investment Fund holds 1,246,324 shares, Turtle Creek United States Equity Fund holds 859,578 shares, Turtle Creek Synthetic PE Fund holds 824,549 shares, and Turtle Creek North American Equity Fund holds 408,132 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it simply reports transactions. The increased stake could be seen as mildly positive, but without further context, it's difficult to gauge the true sentiment.

Positives

• Increased investment by Turtle Creek could signal confidence in JELD-WEN's future prospects.

Industry Context

This filing indicates institutional investor activity in JELD-WEN, which can be indicative of broader market sentiment towards the building materials and home construction industry.

Stakeholder Impact

• The increased stake by Turtle Creek could be viewed positively by shareholders.

Key Dates

Keywords

JELD-WEN Holding, Inc., Turtle Creek Asset Management, common stock, beneficial ownership, investment, equity