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Turtle Creek Management, LLC
Philip C. Witter · Investment Advisor · Value
Turtle Creek Management, LLC is a Dallas-based independent investment management firm founded in 2006. Operating as part of Turtle Creek Wealth Advisors alongside its sister entity, Turtle Creek Trust Company, the firm provides personalized wealth management and trust services to high-net-worth families, individuals, and charitable organizations. The institution focuses on constructing customized portfolios of high-quality equities and fixed-income securities, maintaining an objective, client-driven approach that remains independent of larger banking and brokerage institutions.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +39.0% |
| YTD return | +40.2% |
| Sharpe ratio | 3.64 |
| Win rate | 68% |
| AUM | $2.8B |
| Inception | Oct 1, 2025 |
| Updated | Sep 3, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $2.8B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.turtlecreektrust.com/ |
Current Holdings
Updated on Sep 3, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| DINO | HF Sinclair Corp | 43.6% | +101.9% |
| MSFT | Microsoft Corporation | 6.3% | +1.0% |
| JPM | JPMorgan Chase & Co | 4.9% | +17.2% |
| BRK-A | Berkshire Hathaway Inc | 4.2% | +2.7% |
| GOOGL | Alphabet Inc Class A | 4.1% | +34.3% |
| WM | Waste Management Inc | 3.6% | +0.7% |
| AAPL | Apple Inc | 3.5% | +26.2% |
| AFL | Aflac Incorporated | 3.3% | +6.9% |
| IBM | International Business Machines | 3.0% | -16.2% |
| CB | Chubb Ltd | 2.9% | +21.9% |
| UBER | Uber Technologies Inc | 2.4% | -16.4% |
| BAC | Bank of America Corp | 2.4% | +24.0% |
| WMB | Williams Companies Inc | 2.3% | +15.9% |
| LIN | Linde plc Ordinary Shares | 2.3% | +3.3% |
| NVS | Novartis AG ADR | 2.1% | +22.1% |
| FCX | Freeport-McMoran Copper & Gold Inc | 2.1% | +22.0% |
| AMZN | Amazon.com Inc | 1.8% | +13.5% |
| RNR | Renaissancere Holdings Ltd | 1.8% | +12.6% |
| PSX | Phillips 66 | 1.8% | +9.3% |
| AON | Aon PLC | 1.5% | -8.2% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Aug 31, 2026 | BUY | UBER | 2.4% → 2.4% |
| Aug 31, 2026 | SELL | PSX | 1.7% → 1.8% |
| Aug 31, 2026 | BUY | GOOGL | 4.2% → 4.1% |
| Aug 31, 2026 | SELL | WMB | 2.4% → 2.3% |
| Aug 31, 2026 | SELL | BRK-A | 4.4% → 4.2% |
Investment Style Analysis
Turtle Creek Management, LLC is widely recognized for employing a Value strategy. As of Sep 3, 2026, the firm oversees approximately $2.8B in assets under management (AUM). The portfolio demonstrates a clear preference for the Oil & Gas Refining & Marketing and Banks - Diversified sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Aug 31, Turtle Creek Management, LLC made a significant move by increasing exposure to UBER. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
The firm utilizes an intrinsic value style of stock selection, focusing on the underlying fundamentals of a business rather than discrete short-term performance measures like earnings growth or leverage. Their philosophy emphasizes a highly personalized approach, actively constructing diversified portfolios of high-quality equities and bonds tailored to each client's unique risk tolerance and financial goals. They view their independence as a key advantage, allowing for best-in-class investment capabilities free from the competing priorities of larger financial institutions.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Turtle Creek Management, LLC.
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Frequently asked questions
How is the simulated portfolio for Turtle Creek Management, LLC constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Turtle Creek Management, LLC's largest holding?
As of the latest filing, Turtle Creek Management, LLC's top position is HF Sinclair Corp (DINO), representing 43.6% of the portfolio. This reflects a high-conviction bet by the institution.
What is Turtle Creek Management, LLC's historical performance and risk profile?
Our simulation indicates a total return of +39.0% with a win rate of 68%. Notably, the portfolio maintains a Sharpe Ratio of 3.64, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Turtle Creek Management, LLC primarily invest in?
Turtle Creek Management, LLC has a strong preference for the Oil & Gas Refining & Marketing sector, which makes up 45.4% of their disclosed assets. The portfolio also has exposure to Banks - Diversified, indicating a specific thematic focus.
Is Turtle Creek Management, LLC's portfolio concentrated or diversified?
Turtle Creek Management, LLC runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 54.9% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Turtle Creek Management, LLC performed in 2026?
Our AI-simulated model portfolio for Turtle Creek Management, LLC tracks a Year-to-Date (YTD) return of +40.2%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Philip C. Witter manage Turtle Creek Management, LLC directly?
Yes, Philip C. Witter serves as the key portfolio manager for Turtle Creek Management, LLC, overseeing the investment strategy and final capital allocation decisions.