Q3 2025 · 13F-HR
Burgundy Asset Management Ltd.holdings as filed
Filed 2025-11-12 · accession 0001193125-25-277473
$10.60B
Reported value
109
Positions
2025-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $460.5M | 4.34% | 5,193,498 | Common | SOLE |
| 74164M108 | PRI | PRIMERICA INC | $356.9M | 3.37% | 1,324,968 | Common | SOLE |
| G96629103 | WTW | WILLIS TOWERS WATSON PLC LTD | $286.8M | 2.71% | 877,476 | Common | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $275.3M | 2.60% | 443,982 | Common | SOLE |
| 04247X102 | AWI | ARMSTRONG WORLD INDS INC NEW | $257.2M | 2.43% | 1,313,676 | Common | SOLE |
| 48238T109 | OPLN | OPENLANE INC | $245.2M | 2.31% | 8,477,474 | Common | SOLE |
| 441593100 | HLI | HOULIHAN LOKEY INC | $243.0M | 2.29% | 1,219,617 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $238.0M | 2.25% | 1,117,913 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $230.6M | 2.18% | 2,971,782 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $230.1M | 2.17% | 454,086 | Common | SOLE |
| 371901109 | GNTX | GENTEX CORP | $221.9M | 2.09% | 7,923,912 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $219.7M | 2.07% | 1,243,864 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $212.6M | 2.01% | 2,454,330 | Common | SOLE |
| 379577208 | GMED | GLOBUS MED INC | $212.1M | 2.00% | 3,460,983 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC PLC | $202.7M | 1.91% | 2,184,386 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $201.4M | 1.90% | 1,136,939 | Common | SOLE |
| 38526M106 | LOPE | GRAND CANYON ED INC | $197.0M | 1.86% | 977,397 | Common | SOLE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $193.0M | 1.82% | 2,210,926 | Common | SOLE |
| 609207105 | MDLZ | MONDELEZ INTL INC | $178.1M | 1.68% | 2,898,948 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $174.9M | 1.65% | 599,753 | Common | SOLE |
| 778296103 | ROST | ROSS STORES INC | $172.2M | 1.62% | 1,170,458 | Common | SOLE |
| 285512109 | EA | ELECTRONIC ARTS INC | $167.4M | 1.58% | 973,374 | Common | SOLE |
| 70959W103 | PAG | PENSKE AUTOMOTIVE GRP INC | $163.4M | 1.54% | 885,860 | Common | SOLE |
| 65249B109 | NWSA | NEWS CORP NEW | $160.4M | 1.51% | 5,454,879 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $153.3M | 1.45% | 575,337 | Common | SOLE |
| 02665T306 | AMH | AMERICAN HOMES 4 RENT | $152.6M | 1.44% | 4,258,875 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $152.3M | 1.44% | 665,179 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $151.0M | 1.43% | 2,170,871 | Common | SOLE |
| 124805102 | CBZ | CBIZ INC | $149.4M | 1.41% | 2,315,606 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $145.6M | 1.37% | 7,030,246 | Common | SOLE |
| 891160509 | TD | TORONTO DOMINION BK ONT | $142.3M | 1.34% | 1,896,245 | Common | SOLE |
| 650111107 | NYT | NEW YORK TIMES CO | $141.0M | 1.33% | 2,357,049 | Common | SOLE |
| 929740108 | WAB | WABTEC | $139.1M | 1.31% | 718,779 | Common | SOLE |
| 829073105 | SSD | SIMPSON MFG INC | $131.9M | 1.24% | 689,900 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $127.3M | 1.20% | 692,216 | Common | SOLE |
| 80874P109 | LNWO | LIGHT & WONDER INC | $125.8M | 1.19% | 1,360,624 | Common | SOLE |
| 86272C103 | STRA | STRATEGIC ED INC | $123.4M | 1.16% | 1,516,338 | Common | SOLE |
| 368736104 | GNRC | GENERAC HLDGS INC | $120.1M | 1.13% | 648,364 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $119.4M | 1.13% | 200,540 | Common | SOLE |
| 775109200 | RCI | ROGERS COMMUNICATIONS INC | $119.3M | 1.13% | 3,331,220 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $116.3M | 1.10% | 154 | Common | SOLE |
| 298736109 | EEFT | EURONET WORLDWIDE INC | $112.9M | 1.06% | 1,211,358 | Common | SOLE |
| 431636109 | HLMN | HILLMAN SOLUTIONS CORP | $110.3M | 1.04% | 11,164,985 | Common | SOLE |
| 76131D103 | QSR | RESTAURANT BRANDS INTL INC | $110.3M | 1.04% | 1,742,299 | Common | SOLE |
| 654106103 | NKE | NIKE INC | $105.5M | 1.00% | 1,364,095 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $104.7M | 0.99% | 463,184 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $93.9M | 0.89% | 2,006,383 | Common | SOLE |
| 85472N109 | STN | STANTEC INC | $93.2M | 0.88% | 858,122 | Common | SOLE |
| 780087102 | RY | ROYAL BK CDA | $92.8M | 0.88% | 639,134 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $91.6M | 0.86% | 2,501,914 | Common | SOLE |
| 693506107 | PPG | PPG INDS INC | $90.6M | 0.85% | 814,635 | Common | SOLE |
| 384109104 | GGG | GRACO INC | $84.3M | 0.80% | 987,333 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $83.3M | 0.79% | 530,142 | Common | SOLE |
| 136375102 | CNI | CANADIAN NATL RY CO | $81.8M | 0.77% | 845,531 | Common | SOLE |
| 12532H104 | GIB | CGI INC | $77.6M | 0.73% | 799,246 | Common | SOLE |
| 12685J105 | CABO | CABLE ONE INC | $76.2M | 0.72% | 472,067 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $76.0M | 0.72% | 1,165,423 | Common | SOLE |
| 064149107 | BNS | BANK NOVA SCOTIA HALIFAX | $74.8M | 0.71% | 1,199,190 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $73.0M | 0.69% | 1,110,869 | Common | SOLE |
| 194693107 | CIGI | COLLIERS INTL GROUP INC | $70.1M | 0.66% | 424,796 | Common | SOLE |
| 65249B208 | NWS | NEWS CORP NEW | $64.2M | 0.61% | 1,896,357 | Common | SOLE |
| 830830105 | SKY | CHAMPION HOMES INC | $63.7M | 0.60% | 844,413 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $60.7M | 0.57% | 753,976 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $59.4M | 0.56% | 350,704 | Common | SOLE |
| 25862V105 | DV | DOUBLEVERIFY HLDGS INC | $58.7M | 0.55% | 3,608,272 | Common | SOLE |
| 011642105 | ALRM | ALARM COM HLDGS INC | $58.6M | 0.55% | 999,208 | Common | SOLE |
| 83012A109 | TSLX | SIXTH STREET SPECIALTY LENDI | $57.8M | 0.54% | 2,362,088 | Common | SOLE |
| 00217Y104 | ATS | ATS CORPORATION | $50.0M | 0.47% | 1,807,557 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $49.4M | 0.47% | 452,794 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $48.7M | 0.46% | 236,772 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $47.5M | 0.45% | 11,324 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $47.1M | 0.44% | 93,695 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $45.5M | 0.43% | 278,329 | Common | SOLE |
| 94106B101 | WCN | WASTE CONNECTIONS INC | $41.4M | 0.39% | 224,049 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $40.4M | 0.38% | 440,241 | Common | SOLE |
| 04965M106 | ATAT | ATOUR LIFESTYLE HLDGS LTD | $30.2M | 0.28% | 774,823 | Common | SOLE |
| 49456W105 | KLC | KINDERCARE LEARNING COMPANIE | $28.2M | 0.27% | 3,919,470 | Common | SOLE |
| 504922105 | LH | LABCORP HOLDINGS INC | $26.0M | 0.25% | 93,448 | Common | SOLE |
| 87162W100 | SNX | TD SYNNEX CORPORATION | $23.5M | 0.22% | 158,963 | Common | SOLE |
| 45780R101 | IBP | INSTALLED BLDG PRODS INC | $20.0M | 0.19% | 76,498 | Common | SOLE |
| 097023105 | BA | BOEING CO | $19.9M | 0.19% | 85,000 | Common | SOLE |
| 47233W109 | JEF | JEFFERIES FINL GROUP INC | $19.1M | 0.18% | 294,896 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $19.0M | 0.18% | 60,642 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $17.1M | 0.16% | 110,000 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $15.6M | 0.15% | 319,054 | Common | SOLE |
| 515098101 | LSTR | LANDSTAR SYS INC | $11.3M | 0.11% | 85,380 | Common | SOLE |
| 016255101 | ALGN | ALIGN TECHNOLOGY INC | $11.2M | 0.11% | 78,625 | Common | NONE |
| 67077M108 | NTR | NUTRIEN LTD | $9.5M | 0.09% | 165,000 | Common | SOLE |
| 29250N105 | ENB | ENBRIDGE INC | $8.0M | 0.08% | 164,767 | Common | SOLE |
| 63845R107 | EYE | NATIONAL VISION HLDGS INC | $5.8M | 0.05% | 251,576 | Common | SOLE |
| 35969L108 | YMM | FULL TRUCK ALLIANCE CO LTD | $5.3M | 0.05% | 408,685 | Common | SOLE |
| 87971M103 | TU | TELUS CORPORATION | $3.4M | 0.03% | 206,581 | Common | SOLE |
| 11276H106 | BIPC | BROOKFIELD INFRASTRUCTURE CO | $2.8M | 0.03% | 70,760 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $2.8M | 0.03% | 89,097 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $2.5M | 0.02% | 41,459 | Common | SOLE |
| 387437205 | GRTUF | GRANITE REAL ESTATE INVT TR | $2.3M | 0.02% | 40,742 | Common | SOLE |
| 113004105 | BAM | BROOKFIELD ASSET MANAGMT LTD | $2.2M | 0.02% | 35,864 | Common | SOLE |
| 87807B107 | TRP | TC ENERGY CORP | $2.2M | 0.02% | 41,363 | Common | SOLE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $1.5M | 0.01% | 19,136 | Common | SOLE |
| 231561101 | CW | CURTISS WRIGHT CORP | $852,541 | 0.01% | 1,783 | Common | SOLE |
| 98850P109 | YUMC | YUM CHINA HLDGS INC | $517,142 | 0.00% | 11,564 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $432,825 | 0.00% | 2,627 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $421,146 | 0.00% | 6,381 | Common | SOLE |
| 88034P109 | TME | TENCENT MUSIC ENTMT GROUP | $293,872 | 0.00% | 11,985 | Common | SOLE |
| 884903808 | TRI4EUR | THOMSON REUTERS CORP | $282,747 | 0.00% | 1,593 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $277,012 | 0.00% | 375 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $271,080 | 0.00% | 3,561 | Common | SOLE |
| 83671M105 | SOBO | SOUTH BOW CORP | $229,103 | 0.00% | 8,272 | Common | SOLE |
| 596278101 | MIDD | MIDDLEBY CORP | $219,507 | 0.00% | 1,604 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.