0000950123-20-002399.txt : 20200214
0000950123-20-002399.hdr.sgml : 20200214
20200214144947
ACCESSION NUMBER: 0000950123-20-002399
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20191231
FILED AS OF DATE: 20200214
DATE AS OF CHANGE: 20200214
EFFECTIVENESS DATE: 20200214
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Burgundy Asset Management Ltd.
CENTRAL INDEX KEY: 0001315868
IRS NUMBER: 980407588
STATE OF INCORPORATION: A6
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11129
FILM NUMBER: 20618299
BUSINESS ADDRESS:
STREET 1: 181 BAY ST.
STREET 2: SUITE 4510, BAY WELLINGTON TOWER
CITY: TORONTO
STATE: A6
ZIP: M5J 2T3
BUSINESS PHONE: 416-869-3222
MAIL ADDRESS:
STREET 1: 181 BAY ST.
STREET 2: SUITE 4510, BAY WELLINGTON TOWER
CITY: TORONTO
STATE: A6
ZIP: M5J 2T3
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
true
false
0001315868
XXXXXXXX
12-31-2019
12-31-2019
Burgundy Asset Management Ltd.
181 BAY ST.
Suite 4510, BAY WELLINGTON TOWER
Toronto
A6
M5J 2T3
13F HOLDINGS REPORT
028-11129
Y
Per informal guidance received from the Division of Investment Management, section 13(f) securities that are dual listed on a U.S. stock exchange and the Tel Aviv Stock Exchange were included in this Form 13F only if they were purchased in the U.S.
Hui Chun Cathy Lin
Chief Compliance Officer
416-869-8984
/s/ Hui Chun Cathy Lin
Toronto
A6
02-14-2020
0
103
10156704
false
INFORMATION TABLE
2
form13fInfoTable.xml
INFORMATION TABLE FOR FORM 13F
3M Co.
COM
88579Y101
1447
8200
SH
SOLE
8200
0
0
Allison Transmission Holdings Inc.
COM
01973R101
283974
5876955
SH
SOLE
5564490
0
312465
Alphabet Inc.
CAP STK CL A
02079K305
409606
305815
SH
SOLE
293666
0
12149
Altria Group Inc.
COM
02209S103
1500
30048
SH
SOLE
30048
0
0
American Homes 4 Rent Real Estate Investment Trust
CL A
02665T306
100020
3816082
SH
SOLE
2763158
0
1052924
AmerisourceBergen Corp
COM
03073E105
214967
2528424
SH
SOLE
2394651
0
133773
Apple Inc
COM
037833100
124303
423304
SH
SOLE
401438
0
21866
Argo Group International Holdings Ltd.
COM
G0464B107
11929
181424
SH
SOLE
176953
0
4471
Arthur J. Gallagher & Co.
COM
363576109
111280
1168542
SH
SOLE
821375
0
347167
Autodesk Inc.
COM
052769106
5129
27957
SH
SOLE
27184
0
773
AutoZone, Inc.
COM
053332102
167591
140678
SH
SOLE
135561
0
5117
Axalta Coating Systems Ltd.
COM
G0750C108
6642
218497
SH
SOLE
213084
0
5413
Bank of Montreal
COM
063671101
8136
105000
SH
SOLE
105000
0
0
Bank of Nova Scotia
COM
064149107
114338
2024571
SH
SOLE
2004704
0
19867
Becton, Dickinson & Co.
COM
075887109
184821
679565
SH
SOLE
644104
0
35461
Berkshire Hathaway Inc.
CL B NEW
084670702
83274
367654
SH
SOLE
343943
0
23711
Berkshire Hathaway Inc.
CL A
084670108
111725
329
SH
SOLE
329
0
0
BlackRock TCP Capital Corp.
COM
09259E108
16881
1201473
SH
SOLE
792119
0
409354
Booking Holdings Inc.
COM
09857L108
178369
86851
SH
SOLE
82271
0
4580
Booz Allen Hamilton Holding Corp.
CL A
099502106
39939
561492
SH
SOLE
386528
0
174964
Brookfield Asset Management Inc.
CL A LTD VT SH
112585104
139234
2410205
SH
SOLE
2387045
0
23160
Brookfield Property Partners L.P.
UNIT LTD PARTN
G16249107
79149
4331973
SH
SOLE
4286842
0
45131
Brown & Brown Inc.
COM
115236101
48819
1236552
SH
SOLE
854653
0
381899
Camco Investors Inc.
CL A COM
361438104
1805
92619
SH
SOLE
92619
0
0
Canadian National Railway Co.
COM
136375102
142801
1578879
SH
SOLE
1561820
0
17059
Canadian Natural Resources Ltd.
COM
136385101
531
16426
SH
SOLE
16426
0
0
CBIZ Inc.
COM
124805102
63653
2361027
SH
SOLE
1515366
0
845661
CDW Corp.
COM
12514G108
504
3531
SH
SOLE
3531
0
0
Cedar Fair L.P.
DEPOSITRY UNIT
150185106
53875
971775
SH
SOLE
672512
0
299263
Coca-Cola Femsa S.A.B. de C.V.
SPONSORD ADR REP
191241108
46411
765607
SH
SOLE
762446
0
3161
Copart Inc.
COM
217204106
22554
248011
SH
SOLE
241960
0
6051
Diageo PLC
SPON ADR NEW
25243Q205
798
4736
SH
SOLE
4736
0
0
Eaton Vance Variable Rate Income Trust
COM
278279104
10671
777790
SH
SOLE
777790
0
0
Emerald Expositions Events Inc.
COM
29103B100
18922
1793554
SH
SOLE
1148499
0
645055
Enbridge Inc.
COM
29250N105
166889
4198242
SH
SOLE
4159262
0
38980
Equifax Inc.
COM
294429105
6760
48242
SH
SOLE
46901
0
1341
Equity Commonwealth
COM SH BEN INT
294628102
29696
904537
SH
SOLE
484504
0
420033
Expeditors International of Washington, Inc.
COM
302130109
281
3596
SH
SOLE
3596
0
0
Extended Stay America Inc.
UNIT 99/99/9999B
30224P200
43577
2932513
SH
SOLE
2085386
0
847127
Facebook Inc.
CL A
30303M102
257012
1252191
SH
SOLE
1188078
0
64113
Federated Investors Inc.
CL B
314211103
33139
1016843
SH
SOLE
746245
0
270598
Franklin Resources, Inc.
COM
354613101
714
27466
SH
SOLE
27466
0
0
Gartner Inc
COM
366651107
45776
297054
SH
SOLE
197884
0
99170
Generac Holdings Inc.
COM
368736104
136150
1353513
SH
SOLE
958702
0
394811
General Electric Co.
COM
369604103
4464
400000
SH
SOLE
400000
0
0
Gentex Corp.
COM
371901109
157694
5441490
SH
SOLE
4555870
0
885620
Graco Inc.
COM
384109104
34245
658549
SH
SOLE
467962
0
190587
Grand Canyon Education Inc.
COM
38526M106
43641
455589
SH
SOLE
317485
0
138104
Houghton Mifflin Harcourt Co.
COM
44157R109
45998
7359647
SH
SOLE
5296977
0
2062670
Houlihan Lokey, Inc.
CL A
441593100
52245
1069067
SH
SOLE
725378
0
343689
Imperial Oil Ltd.
COM NEW
453038408
9354
353672
SH
SOLE
352277
0
1395
Invitation Homes Inc
COM
46187W107
20107
670914
SH
SOLE
491324
0
179590
ISHARES CORE S&P SMALL-CAP ETF
CORE S&P SCP ETF
464287804
6733
80293
SH
SOLE
80293
0
0
ISHARES MSCI EAFE ETF
MSCI EAFE ETF
464287465
4810
69267
SH
SOLE
69267
0
0
Jefferies Financial Group Inc.
COM
47233W109
102269
4785616
SH
SOLE
3476224
0
1309392
Johnson & Johnson
COM
478160104
392050
2687669
SH
SOLE
2591942
0
95727
JP Morgan Chase & Co.
COM
46625H100
2721
19522
SH
SOLE
19522
0
0
Kennametal Inc.
COM
489170100
65601
1778283
SH
SOLE
1277658
0
500625
L3 Harris Technologies Inc.
COM
502431109
139734
706190
SH
SOLE
667901
0
38289
Laboratory Corporation of America Holdings
COM NEW
50540R409
16908
99948
SH
SOLE
97488
0
2460
Main Street Capital Corp.
COM
56035L104
63403
1470736
SH
SOLE
978359
0
492377
MarketAxess Holdings Inc.
COM
57060D108
21510
56739
SH
SOLE
44522
0
12217
Marriott Vacations Worldwide Corp.
COM
57164Y107
20347
158019
SH
SOLE
111527
0
46492
McDonald's Corp.
COM
580135101
112847
571059
SH
SOLE
543944
0
27115
Merck & Co., Inc.
COM
58933Y105
309
3399
SH
SOLE
3399
0
0
Microsoft Corp.
COM
594918104
448854
2846250
SH
SOLE
2695200
0
151050
News Corp
CL A
65249B109
141726
10023032
SH
SOLE
9498163
0
524869
Northern Trust Corp.
COM
665859104
275809
2596090
SH
SOLE
2461272
0
134818
Nutrien Ltd.
COM
67077M108
132675
2771735
SH
SOLE
2745462
0
26273
Oracle Corp.
COM
68389X105
256973
4850386
SH
SOLE
4679945
0
170441
Penske Auto Group Inc.
COM
70959W103
107473
2140047
SH
SOLE
1542729
0
597318
PepsiCo Inc.
COM
713448108
289257
2116464
SH
SOLE
2042032
0
74432
Philip Morris International Inc.
COM
718172109
1706
20048
SH
SOLE
20048
0
0
Premier Inc.
CL A
74051N102
81846
2160671
SH
SOLE
1634394
0
526277
Primerica Inc.
COM
74164M108
137509
1053227
SH
SOLE
728086
0
325141
Qurate Retail Inc.
COM SER A
74915M100
52052
6174578
SH
SOLE
4308200
0
1866378
RE/MAX Holdings Inc.
CL A
75524W108
62977
1636195
SH
SOLE
1179722
0
456473
Restaurant Brands International Inc.
COM
76131D103
133963
2101859
SH
SOLE
2080979
0
20880
Ritchie Bros. Auctioneers Inc.
COM
767744105
1280
29811
SH
SOLE
29811
0
0
Rogers Communication Inc.
CL B
775109200
411
8270
SH
SOLE
8270
0
0
Royal Bank of Canada
COM
780087102
120754
1526375
SH
SOLE
1510740
0
15635
Sabre Corp.
COM
78573M104
417513
18605730
SH
SOLE
17876919
0
728811
Sally Beauty Holdings Inc.
COM
79546E104
5175
283569
SH
SOLE
281880
0
1689
Shaw Communication Inc.
CL B CONV
82028K200
20668
1018729
SH
SOLE
1006885
0
11844
Simpson Manufacturing Co Inc.
COM
829073105
26417
329270
SH
SOLE
227319
0
101951
SS&C Technologies Holdings Inc.
COM
78467J100
259882
4232604
SH
SOLE
3497502
0
735102
Stantec Inc.
COM
85472N109
145584
5152188
SH
SOLE
5102688
0
49500
Strategic Education Inc.
COM
86272C103
107526
676692
SH
SOLE
507356
0
169336
TC Energy Corp.
COM
87807B107
194969
3661462
SH
SOLE
3624981
0
36481
Tech Data Corp.
COM
878237106
69675
485203
SH
SOLE
351607
0
133596
Texas Instruments Incorporated
COM
882508104
104842
817230
SH
SOLE
775145
0
42085
The Kraft Heinz Co.
COM
500754106
803
25000
SH
SOLE
25000
0
0
Toronto-Dominion Bank
COM NEW
891160509
118352
2110616
SH
SOLE
2087952
0
22664
Truist Financial Corp.
COM
89832Q109
477929
8485947
SH
SOLE
8168116
0
317831
Union Pacific Corp.
COM
907818108
82974
458953
SH
SOLE
435464
0
23489
United Fire Group Inc.
COM
910340108
6184
141415
SH
SOLE
100412
0
41003
United Technologies Corp.
COM
913017109
497130
3319514
SH
SOLE
3190798
0
128716
Valvoline Inc.
COM
92047W101
223
10438
SH
SOLE
10438
0
0
Waddell & Reed Financial, Inc.
CL A
930059100
49770
2976675
SH
SOLE
2094066
0
882609
Walgreens Boots Alliance, Inc.
COM
931427108
416070
7056818
SH
SOLE
6787843
0
268975
White Mountains Insurance Group Ltd.
COM
G9618E107
32797
29401
SH
SOLE
21287
0
8114
Wyndham Destiinations Inc.
COM
98310W108
21029
406824
SH
SOLE
281129
0
125695
Wyndham Hotels & Resorts Inc.
COM
98311A105
13345
212473
SH
SOLE
206766
0
5707