0000950123-20-004798.txt : 20200514
0000950123-20-004798.hdr.sgml : 20200514
20200514094131
ACCESSION NUMBER: 0000950123-20-004798
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20200331
FILED AS OF DATE: 20200514
DATE AS OF CHANGE: 20200514
EFFECTIVENESS DATE: 20200514
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: 20875621
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
03-31-2020
03-31-2020
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
05-14-2020
0
103
7362768
false
INFORMATION TABLE
2
form13fInfoTable.xml
INFORMATION TABLE FOR FORM 13F
3M Co.
COM
88579Y101
1119
8200
SH
SOLE
8200
0
0
Albany Intl Corp.
CL A
012348108
230
4863
SH
SOLE
4863
0
0
Allison Transmission Holdings Inc.
COM
01973R101
222633
6827147
SH
SOLE
6316387
0
510760
Alphabet Inc.
CAP STK CL A
02079K305
400955
345071
SH
SOLE
331851
0
13220
American Homes 4 Rent Real Estate Investment Trust
CL A
02665T306
86058
3709382
SH
SOLE
2651063
0
1058319
AmerisourceBergen Corp
COM
03073E105
221796
2506172
SH
SOLE
2370052
0
136120
Argo Group International Holdings Ltd.
COM
G0464B107
9796
264331
SH
SOLE
197248
0
67083
Armstrong World Industries
COM
04247X102
7963
100261
SH
SOLE
63250
0
37011
Arthur J. Gallagher & Co.
COM
363576109
103512
1269930
SH
SOLE
906758
0
363172
AutoZone, Inc.
COM
053332102
204542
241776
SH
SOLE
231583
0
10193
Axalta Coating Systems Ltd.
COM
G0750C108
4554
263720
SH
SOLE
256387
0
7333
Bank of Montreal
COM
063671101
6511
130000
SH
SOLE
130000
0
0
Bank of Nova Scotia
COM
064149107
75316
1859238
SH
SOLE
1833550
0
25688
Berkshire Hathaway Inc.
CL B NEW
084670702
66658
364589
SH
SOLE
340760
0
23829
Berkshire Hathaway Inc.
CL A
084670108
91936
338
SH
SOLE
338
0
0
Big Lots Inc.
COM
089302103
882
62012
SH
SOLE
62012
0
0
Boeing Co
COM
097023105
1491
10000
SH
SOLE
10000
0
0
Booking Holdings Inc.
COM
09857L108
110143
81871
SH
SOLE
77515
0
4356
Booz Allen Hamilton Holding Corp.
CL A
099502106
38562
561803
SH
SOLE
385936
0
175867
Brookfield Asset Management Inc.
CL A LTD VT SH
112585104
124687
2835739
SH
SOLE
2802419
0
33320
Brookfield Property Partners L.P.
UNIT LTD PARTN
G16249107
380
47311
SH
SOLE
47311
0
0
Brown & Brown Inc.
COM
115236101
45264
1249683
SH
SOLE
852617
0
397066
Camco Investors Inc.
CL A COM
361438104
996
90618
SH
SOLE
90618
0
0
Canadian National Railway Co.
COM
136375102
110987
1431035
SH
SOLE
1413806
0
17229
Canadian Natural Resources Ltd.
COM
136385101
347
25547
SH
SOLE
25547
0
0
Canadian Pacific Railway Ltd.
COM
13645T100
24867
113601
SH
SOLE
111254
0
2347
CBIZ Inc.
COM
124805102
35384
1691399
SH
SOLE
1075473
0
615926
CDW Corp.
COM
12514G108
341
3654
SH
SOLE
3654
0
0
Cedar Fair L.P.
DEPOSITRY UNIT
150185106
34789
1896897
SH
SOLE
1342016
0
554881
Cenovus Energy Inc.
COM
15135U109
40
20000
SH
SOLE
20000
0
0
Coca-Cola Femsa S.A.B. de C.V.
SPONSORD ADR REP
191241108
40377
1003658
SH
SOLE
968393
0
35265
Colliers International Group
SUB VTG SHS
194693107
26286
553951
SH
SOLE
547086
0
6865
Copart Inc.
COM
217204106
17605
256938
SH
SOLE
250613
0
6325
Diageo PLC
SPON ADR NEW
25243Q205
602
4736
SH
SOLE
4736
0
0
Dollar Tree Inc.
COM
256746108
116976
1592162
SH
SOLE
1506489
0
85673
Eaton Vance Variable Rate Income Trust
COM
278279104
8967
874823
SH
SOLE
874823
0
0
Emerald Holding Inc.
COM
29103W104
2303
889064
SH
SOLE
566474
0
322590
Enbridge Inc.
COM
29250N105
101674
3519872
SH
SOLE
3485201
0
34671
Equity Commonwealth
COM SH BEN INT
294628102
42759
1348436
SH
SOLE
859758
0
488678
Expeditors International of Washington, Inc.
COM
302130109
248
3721
SH
SOLE
3721
0
0
Extended Stay America Inc.
UNIT 99/99/9999B
30224P200
21475
2937703
SH
SOLE
2086227
0
851476
Facebook Inc.
CL A
30303M102
315196
1889666
SH
SOLE
1810740
0
78926
Federated Investors Inc.
CL B
314211103
18892
991701
SH
SOLE
725706
0
265995
Franklin Resources, Inc.
COM
354613101
458
27466
SH
SOLE
27466
0
0
Generac Holdings Inc.
COM
368736104
118718
1274210
SH
SOLE
897125
0
377085
General Electric Co.
COM
369604103
3176
400000
SH
SOLE
400000
0
0
Gentex Corp.
COM
371901109
98582
4448659
SH
SOLE
3583037
0
865622
Graco Inc.
COM
384109104
32068
658069
SH
SOLE
466501
0
191568
Grand Canyon Education Inc.
COM
38526M106
60579
794110
SH
SOLE
554449
0
239661
Henry Schein Inc.
COM
806407102
99416
1967849
SH
SOLE
1863256
0
104593
Houghton Mifflin Harcourt Co.
COM
44157R109
13823
7352433
SH
SOLE
5289763
0
2062670
Houlihan Lokey, Inc.
CL A
441593100
72303
1387236
SH
SOLE
969672
0
417564
Imperial Oil Ltd.
COM NEW
453038408
2503
223175
SH
SOLE
221780
0
1395
Integra Lifesciences Holding
COM NEW
457985208
233
5206
SH
SOLE
5206
0
0
Invitation Homes Inc
COM
46187W107
249
11642
SH
SOLE
11642
0
0
ISHARES IBOXX HIGH YLD CORP
IBOXX HI YD ETF
464288513
4624
60000
SH
SOLE
60000
0
0
Jefferies Financial Group Inc.
COM
47233W109
69742
5101841
SH
SOLE
3719786
0
1382055
Johnson & Johnson
COM
478160104
408988
3118947
SH
SOLE
3001574
0
117373
JP Morgan Chase & Co.
COM
46625H100
1758
19522
SH
SOLE
19522
0
0
KAR Auction Services Inc.
COM
48238T109
8651
720896
SH
SOLE
520212
0
200684
Kennametal Inc.
COM
489170100
36834
1978189
SH
SOLE
1419868
0
558321
L3 Harris Technologies Inc.
COM
502431109
140074
777670
SH
SOLE
733968
0
43702
Laboratory Corporation of America Holdings
COM NEW
50540R409
12530
99141
SH
SOLE
96681
0
2460
Lamb Weston Holdings Inc.
COM
513272104
229
4017
SH
SOLE
4017
0
0
M&T Bank Corp.
COM
55261F104
1034
10000
SH
SOLE
10000
0
0
Main Street Capital Corp.
COM
56035L104
32781
1598277
SH
SOLE
1073052
0
525225
MarketAxess Holdings Inc.
COM
57060D108
18834
56631
SH
SOLE
44234
0
12397
Marriott Vacations Worldwide Corp.
COM
57164Y107
11222
201913
SH
SOLE
142545
0
59368
McDonald's Corp.
COM
580135101
94759
573079
SH
SOLE
545329
0
27750
Microsoft Corp.
COM
594918104
351686
2229955
SH
SOLE
2108587
0
121368
News Corp
CL A
65249B109
99584
11095743
SH
SOLE
10491159
0
604584
Northern Trust Corp.
COM
665859104
167880
2224758
SH
SOLE
2108589
0
116169
Nutrien Ltd.
COM
67077M108
85718
2527720
SH
SOLE
2499446
0
28274
Oracle Corp.
COM
68389X105
267027
5525073
SH
SOLE
5320826
0
204247
Penske Auto Group Inc.
COM
70959W103
61854
2209061
SH
SOLE
1580438
0
628623
PepsiCo Inc.
COM
713448108
90003
749400
SH
SOLE
710470
0
38930
Premier Inc.
CL A
74051N102
91106
2784402
SH
SOLE
2036976
0
747426
Primerica Inc.
COM
74164M108
98715
1115677
SH
SOLE
771311
0
344366
Qurate Retail Inc.
COM SER A
74915M100
50698
8304363
SH
SOLE
5964093
0
2340270
RE/MAX Holdings Inc.
CL A
75524W108
37144
1694533
SH
SOLE
1218155
0
476378
Restaurant Brands International Inc.
COM
76131D103
135109
3379998
SH
SOLE
3343760
0
36238
Ritchie Bros. Auctioneers Inc.
COM
767744105
1015
29691
SH
SOLE
29691
0
0
Rogers Communication Inc.
CL B
775109200
937
22620
SH
SOLE
14292
0
8328
Royal Bank of Canada
COM
780087102
84248
1371151
SH
SOLE
1353510
0
17641
Sabre Corp.
COM
78573M104
82249
13869929
SH
SOLE
13325122
0
544807
Shaw Communication Inc.
CL B CONV
82028K200
28865
1793711
SH
SOLE
1760159
0
33552
Simpson Manufacturing Co Inc.
COM
829073105
20317
327807
SH
SOLE
225332
0
102475
SS&C Technologies Holdings Inc.
COM
78467J100
226291
5164096
SH
SOLE
4344822
0
819274
Stantec Inc.
COM
85472N109
106114
4181799
SH
SOLE
4141608
0
40191
Strategic Education Inc.
COM
86272C103
80109
573190
SH
SOLE
435949
0
137241
Suncor Energy Inc.
COM
867224107
29369
1855143
SH
SOLE
1850370
0
4773
TC Energy Corp.
COM
87807B107
115963
2630162
SH
SOLE
2602806
0
27356
Telus Corp.
COM
87971M103
261
16663
SH
SOLE
16663
0
0
Toronto-Dominion Bank
COM NEW
891160509
81047
1921792
SH
SOLE
1896578
0
25214
Truist Financial Corp.
COM
89832Q109
241829
7841392
SH
SOLE
7532435
0
308957
United Fire Group Inc.
COM
910340108
4537
139119
SH
SOLE
100181
0
38938
United Technologies Corp.
COM
913017109
308628
3271793
SH
SOLE
3141536
0
130257
Valvoline Inc.
COM
92047W101
180
13770
SH
SOLE
13770
0
0
Waddell & Reed Financial, Inc.
CL A
930059100
49613
4359669
SH
SOLE
3087773
0
1271896
Walgreens Boots Alliance, Inc.
COM
931427108
230108
5029676
SH
SOLE
4834162
0
195514
Wyndham Destiinations Inc.
COM
98310W108
8842
407452
SH
SOLE
281108
0
126344
Wyndham Hotels & Resorts Inc.
COM
98311A105
16425
521249
SH
SOLE
384553
0
136696
ZTO Express Inc.
SPONSORED ADS A
98980A105
19030
718640
SH
SOLE
718640
0
0