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

Turtle Creek Asset Management reports purchasing additional shares of JELD-WEN Holding, Inc. common stock across multiple funds.

Summary

• Turtle Creek Asset Management Inc., acting as investment manager for several funds, has reported changes in its beneficial ownership of JELD-WEN Holding, Inc. (JELD) common stock.
• On May 6, 2025, the funds managed by Turtle Creek Asset Management collectively purchased shares of JELD at a weighted average price of $4.2602.
• The purchases were made across five different funds: Turtle Creek Equity Fund, Turtle Creek Investment Fund, Turtle Creek United States Equity Fund, Turtle Creek Synthetic PE Fund, and Turtle Creek North American Equity Fund.
• The total number of shares purchased by these funds was 149,990.
• The price range for these shares was between $4.07 and $4.44.
• Following these transactions, the total number of JELD shares beneficially owned indirectly by Turtle Creek Asset Management across all funds is 16,625,557.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a change in ownership. The increased stake could be seen as mildly positive, but without further context, it's difficult to gauge the overall impact.

Positives

• The increased investment by Turtle Creek Asset Management could be interpreted as a positive signal regarding their confidence in JELD-WEN's future prospects.

Industry Context

This filing indicates activity by a significant institutional investor in JELD-WEN Holding, Inc., which is relevant to understanding the stock's trading dynamics and investor sentiment. Monitoring such filings provides insights into how major investors are positioning themselves in the market.

Key Dates

Keywords

JELD-WEN Holding, Turtle Creek Asset Management, Beneficial Ownership, SEC Form 4, Investment, Equity, Shares