0000950123-19-004802.txt : 20190514 0000950123-19-004802.hdr.sgml : 20190514 20190514102458 ACCESSION NUMBER: 0000950123-19-004802 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190514 DATE AS OF CHANGE: 20190514 EFFECTIVENESS DATE: 20190514 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: 19820938 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 03-31-2019 03-31-2019 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 05-14-2019 0 102 9722261 false
INFORMATION TABLE 2 form13fInfoTable.xml INFORMATION TABLE FOR FORM 13F 3M Co. COM 88579Y101 1704 8200 SH SOLE 8200 0 0 Allison Transmission Holdings Inc. COM 01973R101 258888 5763309 SH SOLE 5453026 0 310283 Alphabet Inc. CAP STK CL A 02079K305 171413 145649 SH SOLE 138111 0 7538 Altria Group Inc. COM 02209S103 1726 30048 SH SOLE 30048 0 0 American Homes 4 Rent Real Estate Investment Trust CL A 02665T306 86815 3821102 SH SOLE 2611909 0 1209193 Ameriprise Financial Inc. COM 03076C106 28784 224697 SH SOLE 218439 0 6258 AmerisourceBergen Corp COM 03073E105 183105 2302629 SH SOLE 2183338 0 119291 Apple Inc COM 037833100 240755 1267465 SH SOLE 1220309 0 47156 Argo Group International Holdings Ltd. COM G0464B107 9737 137804 SH SOLE 133348 0 4456 Armstrong Flooring Inc. COM 04238R106 9004 662083 SH SOLE 415329 0 246754 Arthur J. Gallagher & Co. COM 363576109 92897 1189457 SH SOLE 790434 0 399023 AutoZone, Inc. COM 053332102 234202 228686 SH SOLE 219783 0 8903 Axalta Coating Systems Ltd. COM G0750C108 8471 336007 SH SOLE 325275 0 10732 Bank of Montreal COM 063671101 7857 105000 SH SOLE 105000 0 0 Bank of Nova Scotia COM 064149107 134862 2533239 SH SOLE 2513140 0 20099 BB&T Corp. COM 054937107 411480 8843327 SH SOLE 8499299 0 344028 Becton, Dickinson & Co. COM 075887109 178088 713123 SH SOLE 674515 0 38608 Berkshire Hathaway Inc. CL B NEW 084670702 21396 106505 SH SOLE 92747 0 13758 Berkshire Hathaway Inc. CL A 084670108 99702 331 SH SOLE 331 0 0 BlackRock TCP Capital Corp. COM 09259E108 35170 2480253 SH SOLE 1556109 0 924144 Booz Allen Hamilton Holding Corp. CL A 099502106 62982 1083285 SH SOLE 700043 0 383242 Brookfield Asset Management Inc. CL A LTD VT SH 112585104 141581 3038771 SH SOLE 3014878 0 23893 Brookfield Property Partners L.P. UNIT LTD PARTN G16249107 114109 5546839 SH SOLE 5500297 0 46542 Brown & Brown Inc. COM 115236101 69317 2348916 SH SOLE 1546461 0 802455 Camco Investors Inc. CL A COM 361438104 1899 92619 SH SOLE 92619 0 0 Canadian National Railway Co. COM 136375102 178528 1994190 SH SOLE 1977463 0 16727 Canadian Natural Resources Ltd. COM 136385101 417 15200 SH SOLE 15200 0 0 Cannae Holdings Inc. COM 13765N107 4430 182600 SH SOLE 182600 0 0 CBIZ Inc. COM 124805102 66988 3309669 SH SOLE 2075757 0 1233912 CDW Corp. COM 12514G108 340 3531 SH SOLE 3531 0 0 Cedar Fair L.P. DEPOSITRY UNIT 150185106 48704 925574 SH SOLE 627478 0 298096 Celestica Inc SUB VTG SHS 15101Q108 8668 1025946 SH SOLE 929479 0 96467 Coca-Cola Femsa S.A.B. de C.V. SPON ADR REP L 191241108 42302 640938 SH SOLE 640938 0 0 Colliers International Group Inc SUB VTG SHS 194693107 22564 337760 SH SOLE 334439 0 3321 Copart Inc. COM 217204106 13284 219252 SH SOLE 212329 0 6923 Diageo PLC SPON ADR NEW 25243Q205 775 4736 SH SOLE 4736 0 0 Eaton Vance Variable Rate Income Trust COM 278279104 10259 777790 SH SOLE 777790 0 0 Emerald Expositions Events Inc. COM 29103B100 20521 1615801 SH SOLE 1084522 0 531279 Enbridge Inc. COM 29250N105 205395 5670825 SH SOLE 5624228 0 46597 Equifax Inc. COM 294429105 5723 48298 SH SOLE 46945 0 1353 Expeditors International of Washington, Inc. COM 302130109 273 3596 SH SOLE 3596 0 0 Extended Stay America Inc. UNIT 99/99/9999B 30224P200 48805 2718968 SH SOLE 1857028 0 861940 Facebook Inc. CL A 30303M102 204359 1225982 SH SOLE 1163211 0 62771 Federated Investors Inc. CL B 314211103 49639 1693578 SH SOLE 1159818 0 533760 Franklin Resources, Inc. COM 354613101 910 27466 SH SOLE 27466 0 0 Gartner Inc COM 366651107 47494 313122 SH SOLE 198992 0 114130 Generac Holdings Inc. COM 368736104 72867 1422350 SH SOLE 947454 0 474896 General Electric Co. COM 369604103 3996 400000 SH SOLE 400000 0 0 Gentex Corp. COM 371901109 205634 9943641 SH SOLE 8157756 0 1785885 Graco Inc. COM 384109104 30069 607204 SH SOLE 412049 0 195155 Grand Canyon Education Inc. COM 38526M106 3463 30244 SH SOLE 29258 0 986 Harris Corp. COM 413875105 144278 903374 SH SOLE 855464 0 47910 Houghton Mifflin Harcourt Co. COM 44157R109 43443 5975659 SH SOLE 4103857 0 1871802 Houlihan Lokey, Inc. CL A 441593100 43333 945094 SH SOLE 595669 0 349425 Imperial Oil Ltd. COM NEW 453038408 10182 372984 SH SOLE 371579 0 1405 Invitation Homes Inc COM 46187W107 35659 1465651 SH SOLE 1003222 0 462429 Jacobs Engineering Group Inc. COM 469814107 16083 213898 SH SOLE 51425 0 162473 Jefferies Financial Group Inc. COM 47233W109 78200 4161764 SH SOLE 2823043 0 1338721 Johnson & Johnson COM 478160104 416108 2976664 SH SOLE 2865916 0 110748 JP Morgan Chase & Co. COM 46625H100 1976 19522 SH SOLE 19522 0 0 Kennametal Inc. COM 489170100 56519 1537929 SH SOLE 1015601 0 522328 Laboratory Corporation of America Holdings COM NEW 50540R409 11816 77236 SH SOLE 74784 0 2452 Main Street Capital Corp. COM 56035L104 54025 1452290 SH SOLE 934732 0 517558 MarketAxess Holdings Inc. COM 57060D108 67261 273330 SH SOLE 180102 0 93228 Marriott Vacations Worldwide Corp. COM 57164Y107 12368 132279 SH SOLE 89249 0 43030 McDonald's Corp. COM 580135101 108056 569015 SH SOLE 541919 0 27096 Merck & Co., Inc. COM 58933Y105 332 3988 SH SOLE 3988 0 0 Microsoft Corp. COM 594918104 369166 3130117 SH SOLE 2971762 0 158355 MSC Industrial Direct Co Inc. CL A 553530106 9774 118175 SH SOLE 38886 0 79289 News Corp CL A 65249B109 98716 7935372 SH SOLE 7519485 0 415887 Northern Trust Corp. COM 665859104 225503 2494226 SH SOLE 2361470 0 132756 Nutrien Ltd. COM 67077M108 179051 3394778 SH SOLE 3367842 0 26936 Oaktree Capital Group LLC UNIT CL A 674001201 27651 556913 SH SOLE 247255 0 309658 Oracle Corp. COM 68389X105 334308 6224314 SH SOLE 5987307 0 237007 Penske Auto Group Inc. COM 70959W103 90282 2021990 SH SOLE 1451559 0 570431 PepsiCo Inc. COM 713448108 285774 2331900 SH SOLE 2243251 0 88649 Philip Morris International Inc. COM 718172109 102949 1164712 SH SOLE 1103003 0 61709 Premier Inc. CL A 74051N102 16229 470534 SH SOLE 457919 0 12615 Primerica Inc. COM 74164M108 140920 1153662 SH SOLE 774826 0 378836 RE/MAX Holdings Inc. CL A 75524W108 57673 1496446 SH SOLE 1020961 0 475485 Restaurant Brands International Inc. COM 76131D103 191692 2946359 SH SOLE 2921963 0 24396 Ritchie Bros. Auctioneers Inc. COM 767744105 1009 29691 SH SOLE 29691 0 0 Royal Bank of Canada COM 780087102 150345 1992704 SH SOLE 1975619 0 17085 Sabre Corp. COM 78573M104 404539 18912547 SH SOLE 18144613 0 767934 Sally Beauty Holdings Inc. COM 79546e104 58998 3204664 SH SOLE 2233329 0 971335 Shaw Communication Inc. CL B CONV 82028K200 119826 5757716 SH SOLE 5709133 0 48583 SS&C Technologies Holdings Inc. COM 78467J100 154528 2426255 SH SOLE 1664794 0 761461 Strategic Education Inc. COM 86272C103 62785 478147 SH SOLE 327447 0 150700 Tech Data Corp. COM 878237106 50146 489658 SH SOLE 334777 0 154881 Texas Instruments Incorporated COM 882508104 163060 1537283 SH SOLE 1457705 0 79578 The Kraft Heinz Co. COM 500754106 816 25000 SH SOLE 25000 0 0 Toronto-Dominion Bank COM NEW 891160509 144400 2660783 SH SOLE 2637449 0 23334 Transcanada Corp. COM 89353D107 204955 4563131 SH SOLE 4525532 0 37599 Union Pacific Corp. COM 907818108 77091 461070 SH SOLE 437094 0 23976 United Fire Group Inc. COM 910340108 6081 139113 SH SOLE 94658 0 44455 United Technologies Corp. COM 913017109 461578 3581176 SH SOLE 3437574 0 143602 Valvoline Inc. COM 92047W101 7142 384784 SH SOLE 263198 0 121586 Waddell & Reed Financial, Inc. CL A 930059100 24006 1388411 SH SOLE 912764 0 475647 Walgreens Boots Alliance, Inc. COM 931427108 449032 7097074 SH SOLE 6816744 0 280330 White Mountains Insurance Group Ltd. COM G9618E107 27249 29443 SH SOLE 20140 0 9303 Wyndham Destiinations Inc. COM 98310W108 14249 351913 SH SOLE 232297 0 119616 Wyndham Hotels & Resorts Inc. COM 98311A105 8748 174997 SH SOLE 169290 0 5707