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

Turtle Creek Asset Management reports increased holdings 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.
• The transactions occurred between November 5, 2024, and November 7, 2024.
• The purchases were made at weighted average prices ranging from $10.0586 to $10.7066 per share.
• The funds involved include 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.
• Following these transactions, Turtle Creek Equity Fund holds 11,941,452 shares, Turtle Creek Investment Fund holds 1,136,007 shares, Turtle Creek United States Equity Fund holds 783,061 shares, Turtle Creek Synthetic PE Fund holds 610,600 shares, and Turtle Creek North American Equity Fund holds 371,800 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The increased investment suggests confidence, but it's a routine filing.

Positives

• Increased investment by Turtle Creek could signal confidence in JELD-WEN's future prospects.
• The purchases were made at prices between $9.55 and $10.95, indicating a willingness to invest at these levels.

Industry Context

Institutional investors' activity in the market can influence stock prices and investor sentiment. Increased holdings by a reputable firm like Turtle Creek may attract further investment in JELD-WEN.

Stakeholder Impact

• The increased stake by Turtle Creek could positively influence shareholder confidence.
• The transactions may have a minor impact on the stock price in the short term.

Key Dates