0000950123-17-001372.txt : 20170210 0000950123-17-001372.hdr.sgml : 20170210 20170210080200 ACCESSION NUMBER: 0000950123-17-001372 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170210 DATE AS OF CHANGE: 20170210 EFFECTIVENESS DATE: 20170210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Burgundy Asset Management Ltd. CENTRAL INDEX KEY: 0001315868 IRS NUMBER: 986054306 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: 17589600 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 12-31-2016 12-31-2016 Burgundy Asset Management Ltd.
181 BAY ST. SUITE 4510, BAY WELLINGTON TOWER TORONTO A6 M5J 2T3
13F HOLDINGS REPORT 028-11129 N
Hui Chun Cathy Lin Chief Compliance Officer 416-869-8984 /s/ Hui Chun Cathy Lin Toronto A6 02-09-2017 0 108 10575733 false
INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M Co. COM 88579Y101 1464 8200 SH SOLE 8200 0 0 Advantage Oil & Gas Ltd. COM 00765F101 149278 21977509 SH SOLE 21725509 0 252000 Allison Transmission Holdings Inc. COM 01973R101 168036 4987701 SH SOLE 4826164 0 161537 Altria Group Inc. COM 02209S103 2032 30048 SH SOLE 30048 0 0 American Homes 4 Rent Real Estate Investment Trust COM 02665T306 93215 4443034 SH SOLE 3110796 0 1332238 AmerisourceBergen Corp. COM 03073E105 211856 2709505 SH SOLE 2621489 0 88016 Apple Inc. COM 037833100 218191 1883878 SH SOLE 1839795 0 44083 Argo Group International Holdings Ltd. COM G0464B107 7906 119968 SH SOLE 115938 0 4030 Armstrong Flooring Inc. COM 04238R106 19416 975212 SH SOLE 647148 0 328064 Arthur J. Gallagher & Co. COM 363576109 82427 1586353 SH SOLE 1076110 0 510243 Artisan Partners Asset Management Inc. CL A 04316A108 51862 1743252 SH SOLE 1170127 0 573125 Asbury Automotive Group Inc. COM 043436104 73328 1188463 SH SOLE 865015 0 323448 Autonation Inc. COM 05329W102 163643 3363682 SH SOLE 3257215 0 106467 AutoZone, Inc. COM 053332102 233369 295482 SH SOLE 288043 0 7439 Axalta Coating Systems Ltd. COM G0750C108 4991 183481 SH SOLE 177426 0 6055 Bank of Montreal COM 063671101 2158 30000 SH SOLE 30000 0 0 Bank of Nova Scotia COM 064149107 193135 3468715 SH SOLE 3434765 0 33950 BB&T Corp. COM 054937107 405202 8617652 SH SOLE 8404840 0 212812 Becton, Dickinson & Co. COM 075887109 135950 821202 SH SOLE 795136 0 26066 Berkshire Hathaway Inc. CL A 084670108 72748 298 SH SOLE 297 0 1 Berkshire Hathaway Inc. CL B 084670702 9712 59592 SH SOLE 48948 0 10644 Booz Allen Hamilton Holding Corp. COM 099502106 85759 2377575 SH SOLE 1639576 0 737999 Brookfield Asset Management Inc. CL A 112585104 230455 6984887 SH SOLE 6914352 0 70535 Brookfiled Business Partners COM G16234109 2466 102633 SH SOLE 101593 0 1040 Brookfield Infrastructure Partners LP COM G16252101 28090 839636 SH SOLE 839636 0 0 Brown & Brown Inc. COM 115236101 70003 1560469 SH SOLE 1046661 0 513808 BWX Technologies Inc. COM 05605H100 110169 2775046 SH SOLE 2685824 0 89222 CBIZ Inc. COM 124805102 75941 5543145 SH SOLE 3922124 0 1621021 Canadian Natural Resources Ltd. COM 136385101 545 17106 SH SOLE 17106 0 0 Canadian National Railway Co. COM 136375102 202000 3001595 SH SOLE 2972595 0 29000 CEB Inc. COM 125134106 96946 1599763 SH SOLE 1106015 0 493748 Cenovus Energy Inc. COM 15135U109 274673 18167602 SH SOLE 17867623 0 299979 Cisco Systems Inc. COM 17275R102 247336 8184515 SH SOLE 7993068 0 191447 The Coca-Cola Company COM 191216100 92532 2231830 SH SOLE 2160138 0 71692 Coca-Cola Femsa S.A.B. de C.V. ADR 191241108 24402 384047 SH SOLE 384047 0 0 Colony Starwood Homes COM 19625X102 21137 733656 SH SOLE 525174 0 208482 Computer Programs and Systems Inc. COM 205306103 28744 1217982 SH SOLE 818502 0 399480 Copart Inc. COM 217204106 9948 179532 SH SOLE 173770 0 5762 Cumulus Media Inc. COM 231082108 1063 1042064 SH SOLE 719211 0 322853 Deckers Outdoor Corp. COM 243537107 48026 867060 SH SOLE 585978 0 281082 Diageo PLC ADR 25243Q205 492 4736 SH SOLE 4736 0 0 DineEquity, Inc. COM 254423106 61697 801266 SH SOLE 560519 0 240747 Eaton Vance Variable Rate Income Trust COM 278279104 11589 777790 SH SOLE 777790 0 0 Enbridge Inc. COM 29250N105 137778 3274221 SH SOLE 3240521 0 33700 Equifax Inc. COM 294429105 212564 1797887 SH SOLE 1552287 0 245600 Expedia Inc. COM 30212P303 36345 320838 SH SOLE 209285 0 111553 Expeditors International of Washington, Inc. COM 302130109 3274 61817 SH SOLE 59786 0 2031 Extended Stay America Inc. UNIT 30224P200 18823 1165514 SH SOLE 849504 0 316010 Federated Investors Inc. CL B 314211103 46130 1631184 SH SOLE 1091873 0 539311 Franklin Resources, Inc. COM 354613101 1087 27466 SH SOLE 27466 0 0 General Electric Co. COM 369604103 1580 50000 SH SOLE 50000 0 0 Generac Holdings Inc. COM 368736104 78124 1917625 SH SOLE 1337057 0 580568 Gentex Corp. COM 371901109 232268 11796265 SH SOLE 9553498 0 2242767 Graco Inc. COM 384109104 48545 584250 SH SOLE 398926 0 185324 Harris Corp. COM 413875105 137220 1339121 SH SOLE 1295820 0 43301 Hilltop Holdings Inc. COM 432748101 54914 1842741 SH SOLE 1192912 0 649829 Houghton Mifflin Harcourt Co. COM 44157R109 14970 1379698 SH SOLE 1069064 0 310634 Houlihan Lokey, Inc. COM 441593100 43117 1385494 SH SOLE 933101 0 452393 Imperial Oil Ltd. COM 453038408 24128 693576 SH SOLE 692476 0 1100 Inovalon Holdings Inc. COM CL A 45781D101 3003 291593 SH SOLE 281809 0 9784 iSHARES iBOXX HI-YLD BOND ETF COM 464288513 8135 93988 SH SOLE 93988 0 0 Jacobs Engineering Group Inc. COM 469814107 22802 400036 SH SOLE 61594 0 338442 Johnson & Johnson COM 478160104 385241 3343819 SH SOLE 3261794 0 82025 JP Morgan Chase & Co. COM 46625H100 2360 27346 SH SOLE 27346 0 0 Kayne Anderson Energy Development Co. COM 48660Q102 13644 702198 SH SOLE 427670 0 274528 Kimberly Clark Corp. COM 494368103 55419 485624 SH SOLE 469979 0 15645 The Kraft Heinz Co. COM 500754106 1310 15000 SH SOLE 15000 0 0 Laboratory Corporation of America Holdings COM 50540R409 8563 66702 SH SOLE 64511 0 2191 Leucadia National Corp. COM 527288104 73274 3151569 SH SOLE 2197302 0 954267 Main Street Capital Corp. COM 56035L104 71356 1940606 SH SOLE 1271063 0 669543 MarketAxess Holdings Inc. COM 57060D108 72194 491384 SH SOLE 336379 0 155005 McDonald's Corp. COM 580135101 178351 1465256 SH SOLE 1420725 0 44531 Merck & Co., Inc. COM 58933Y105 297 5047 SH SOLE 5047 0 0 Microsoft Corp. COM 594918104 271042 4361789 SH SOLE 4221725 0 140064 Moody's Corp. COM 615369105 3350 35533 SH SOLE 34353 0 1180 Morgan Stanley COM 617446448 1523 36047 SH SOLE 36047 0 0 MSG Network Inc. CL A 553573106 1035 48128 SH SOLE 48128 0 0 Northern Trust Corp. COM 665859104 220878 2480386 SH SOLE 2400445 0 79941 Oaktree Capital Group LLC COM 674001201 7976 212691 SH SOLE 205684 0 7007 Oppenheimer Holdings Inc. CL A 683797104 8464 455059 SH SOLE 455059 0 0 Oracle Corp. COM 68389X105 238895 6213126 SH SOLE 6073474 0 139652 Pennantpark Investment Corp. COM 708062104 21983 2869904 SH SOLE 2005350 0 864554 Penske Auto Group Inc. COM 70959W103 146248 2821149 SH SOLE 1969291 0 851858 PepsiCo Inc. COM 713448108 239961 2293426 SH SOLE 2237542 0 55884 Philip Morris International Inc. COM 718172109 324887 3551069 SH SOLE 3464975 0 86094 Potash Corporation of Saskatchewan Inc. COM 73755L107 226885 12541706 SH SOLE 12418254 0 123452 PPG Industries Inc. COM 693506107 3726 39317 SH SOLE 38237 0 1080 Premier Inc. CL A 74051N102 8642 284644 SH SOLE 275332 0 9312 Primerica Inc. COM 74164M108 125545 1815541 SH SOLE 1256358 0 559183 RE/MAX Holdings Inc. COM 75524W108 85837 1532803 SH SOLE 1069028 0 463775 Ritchie Bros. Auctioneers Inc. COM 767744105 165168 4609226 SH SOLE 4558427 0 50799 Rockwell Collins Inc. COM 774341101 168971 1821588 SH SOLE 1762238 0 59350 Rogers Communications Inc. CL B 775109200 817 21182 SH SOLE 21182 0 0 Royal Bank of Canada COM 780087102 191884 2835288 SH SOLE 2806088 0 29200 Sabre Corp. COM 78573M104 223010 8938275 SH SOLE 8656856 0 281419 Scripps Networks Interactive, Inc. CL A 811065101 32901 460998 SH SOLE 108455 0 352543 Servicemaster COM 81761R109 4410 117066 SH SOLE 113224 0 3842 Shopify Inc. CL A 82509L107 429 10000 SH SOLE 10000 0 0 SS&C Technologies Holdings Inc. COM 78467J100 80960 2830769 SH SOLE 1970057 0 860712 Strayer Education Inc. COM 863236105 30422 377303 SH SOLE 246770 0 130533 Suncor Energy Inc. COM 867224107 186848 5714803 SH SOLE 5656633 0 58170 TCP Capital Corp. COM 87238Q103 59131 3498859 SH SOLE 2324349 0 1174510 Toronto-Dominion Bank COM 891160509 190739 3867485 SH SOLE 3828763 0 38722 Union Pacific Corp. COM 907818108 431342 4160322 SH SOLE 4051947 0 108375 United Technologies Corp. COM 913017109 388903 3547738 SH SOLE 3453982 0 93756 Waddell & Reed Financial, Inc. CL A 930059100 17857 915280 SH SOLE 641408 0 273872 Walgreens Boots Alliance, Inc. COM 931427108 447771 5410477 SH SOLE 5264765 0 145712 White Mountains Insurance Group Ltd. COM G9618E107 6545 7829 SH SOLE 7565 0 264