0000950123-22-001640.txt : 20220210 0000950123-22-001640.hdr.sgml : 20220210 20220210132106 ACCESSION NUMBER: 0000950123-22-001640 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220210 DATE AS OF CHANGE: 20220210 EFFECTIVENESS DATE: 20220210 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: 22612794 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 0001315868 XXXXXXXX 12-31-2021 12-31-2021 false 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. Julie Cordeiro 416-644-6970 /s/ Julie Cordeiro Toronto A6 02-10-2022 0 111 10252940 false INFORMATION TABLE 2 9986.xml INFORMATION TABLE FOR FORM 13F 3M CO COM 88579Y101 1457 8200 SH SOLE 8200 0 0 AKUMIN INC COM 01021F109 607 347095 SH SOLE 347095 0 0 ALBANY INTL CORP CL A 012348108 430 4863 SH SOLE 4863 0 0 ALLISON TRANSMISSION HLDGS I COM 01973R101 222618 6124293 SH SOLE 5603835 0 520458 ALPHABET INC CAP STK CL A 02079K305 494021 170526 SH SOLE 167237 0 3289 AMERICAN HOMES 4 RENT CL A 02665T306 188751 4328148 SH SOLE 3068795 0 1259353 AMERISOURCEBERGEN CORP COM 03073E105 255155 1920043 SH SOLE 1882546 0 37497 ARGO GROUP INTL HLDGS LTD COM G0464B107 20569 353973 SH SOLE 261440 0 92533 ARMSTRONG WORLD INDS INC NEW COM 04247X102 49334 424851 SH SOLE 285267 0 139584 AUTOZONE INC COM 053332102 124624 59447 SH SOLE 58304 0 1143 BANK MONTREAL QUE COM 063671101 15039 140000 SH SOLE 140000 0 0 BANK NOVA SCOTIA B C COM 064149107 89342 1264850 SH SOLE 1256768 0 8082 BERKSHIRE HATHAWAY INC DEL CL A 084670108 77063 171 SH SOLE 171 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 63575 212625 SH SOLE 205589 0 7036 BOEING CO COM 097023105 3020 15000 SH SOLE 15000 0 0 BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100 62224 2491967 SH SOLE 1800637 0 691330 BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 121010 2008323 SH SOLE 1995505 0 12818 BROOKFIELD ASSET MGMT REINS CL A EXCH LT VTG G16169107 1020 16278 SH SOLE 16171 0 107 BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A 11275Q107 1065 15644 SH SOLE 15644 0 0 BROWN & BROWN INC COM 115236101 102383 1456785 SH SOLE 919346 0 537439 CANADIAN NAT RES LTD COM 136385101 1964 46583 SH SOLE 46583 0 0 CANADIAN NATL RY CO COM 136375102 94937 774625 SH SOLE 769821 0 4804 CARRIER GLOBAL CORPORATION COM 14448C104 253123 4666724 SH SOLE 4576169 0 90555 CBIZ INC COM 124805102 73585 1881008 SH SOLE 1187070 0 693938 CDW CORP COM 12514G108 748 3654 SH SOLE 3654 0 0 CEDAR FAIR L P DEPOSITRY UNIT 150185106 43340 865752 SH SOLE 845769 0 19983 CGI INC CL A SUB VTG 12532H104 121898 1381690 SH SOLE 1373100 0 8590 COCA-COLA FEMSA SAB DE CV SPONSORD ADR REP 191241108 22252 406137 SH SOLE 406137 0 0 COLLIERS INTL GROUP INC SUB VTG SHS 194693107 59196 398388 SH SOLE 395861 0 2527 COPART INC COM 217204106 52576 346760 SH SOLE 340013 0 6747 CRA INTL INC COM 12618T105 2039 21842 SH SOLE 21842 0 0 CURTISS WRIGHT CORP COM 231561101 317 2287 SH SOLE 2287 0 0 DOLLAR TREE INC COM 256746108 236799 1685164 SH SOLE 1652591 0 32573 EBAY INC. COM 278642103 215945 3247289 SH SOLE 3184477 0 62812 ELECTRONIC ARTS INC COM 285512109 169376 1284127 SH SOLE 1259389 0 24738 EMCOR GROUP INC COM 29084Q100 86220 676818 SH SOLE 454168 0 222650 ENBRIDGE INC COM 29250N105 79751 2046301 SH SOLE 2033509 0 12792 EQUIFAX INC COM 294429105 186717 637717 SH SOLE 625386 0 12331 EQUITY COMWLTH COM SH BEN INT 294628102 57425 2217198 SH SOLE 1536582 0 680616 EXPEDITORS INTL WASH INC COM 302130109 500 3721 SH SOLE 3721 0 0 FEDERATED HERMES INC CL B 314211103 88640 2358705 SH SOLE 1704834 0 653871 FRANKLIN RESOURCES INC COM 354613101 920 27466 SH SOLE 27466 0 0 GALLAGHER ARTHUR J & CO COM 363576109 228145 1344639 SH SOLE 955765 0 388874 GAMCO INVS INC CL A COM 361438104 2264 90618 SH SOLE 90618 0 0 GARTNER INC COM 366651107 523 1565 SH SOLE 1565 0 0 GENERAC HLDGS INC COM 368736104 80994 230150 SH SOLE 166180 0 63970 GENTEX CORP COM 371901109 129404 3713169 SH SOLE 2673796 0 1039373 GLOBAL SELF STORAGE INC COM 37955N106 1021 179412 SH SOLE 179412 0 0 GRACO INC COM 384109104 61068 757474 SH SOLE 528063 0 229411 GRAND CANYON ED INC COM 38526M106 82093 957800 SH SOLE 678557 0 279243 HELMERICH & PAYNE INC COM 423452101 379 15973 SH SOLE 15973 0 0 HENRY SCHEIN INC COM 806407102 181576 2342007 SH SOLE 2296816 0 45191 HILLMAN SOLUTIONS CORP COM 431636109 65252 6069949 SH SOLE 4123297 0 1946652 HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 177150 11003124 SH SOLE 7936925 0 3066199 HOULIHAN LOKEY INC CL A 441593100 169267 1635112 SH SOLE 1146815 0 488297 IMPERIAL OIL LTD COM NEW 453038408 644 17896 SH SOLE 17896 0 0 INTEGRA LIFESCIENCES HLDGS C COM NEW 457985208 349 5206 SH SOLE 5206 0 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 269719 1972062 SH SOLE 1933482 0 38580 INVITATION HOMES INC COM 46187W107 528 11642 SH SOLE 11642 0 0 ISHARES TR MSCI EAFE ETF 464287465 16457 209158 SH SOLE 209158 0 0 JEFFERIES FINL GROUP INC COM 47233W109 134399 3463898 SH SOLE 2500146 0 963752 JOHNSON & JOHNSON COM 478160104 215595 1260272 SH SOLE 1237023 0 23249 JPMORGAN CHASE & CO COM 46625H100 1546 9761 SH SOLE 9761 0 0 KAR AUCTION SVCS INC COM 48238T109 83293 5332472 SH SOLE 3469270 0 1863202 KENNAMETAL INC COM 489170100 102177 2845361 SH SOLE 2005129 0 840232 LABORATORY CORP AMER HLDGS COM NEW 50540R409 41772 132943 SH SOLE 130336 0 2607 LAMB WESTON HLDGS INC COM 513272104 255 4017 SH SOLE 4017 0 0 M & T BK CORP COM 55261F104 3840 25000 SH SOLE 25000 0 0 MAIN STR CAP CORP COM 56035L104 75050 1672973 SH SOLE 1109654 0 563319 MARKETAXESS HLDGS INC COM 57060D108 29301 71246 SH SOLE 50682 0 20564 MARRIOTT VACATIONS WORLDWIDE COM 57164Y107 60748 359500 SH SOLE 240439 0 119061 MASTERCARD INCORPORATED CL A 57636Q104 171870 478320 SH SOLE 469067 0 9253 MCDONALDS CORP COM 580135101 13286 49563 SH SOLE 49563 0 0 META PLATFORMS INC CL A 30303M102 370996 1103006 SH SOLE 1081794 0 21212 MICROSOFT CORP COM 594918104 496755 1477031 SH SOLE 1451237 0 25794 MIND C T I LTD ORD M70240102 1414 456254 SH SOLE 456254 0 0 NEWS CORP NEW CL B 65249B208 659 29300 SH SOLE 29300 0 0 NEWS CORP NEW CL A 65249B109 285752 12808257 SH SOLE 12549329 0 258928 NUTRIEN LTD COM 67077M108 7500 100000 SH SOLE 100000 0 0 OLLIES BARGAIN OUTLET HLDGS COM 681116109 38963 761137 SH SOLE 547890 0 213247 ORACLE CORP COM 68389X105 78471 899794 SH SOLE 883112 0 16682 PENSKE AUTOMOTIVE GRP INC COM 70959W103 187220 1746133 SH SOLE 1260377 0 485756 POINTS INTL LTD COM NEW 730843208 9588 629500 SH SOLE 629500 0 0 PREMIER INC CL A 74051N102 140303 3407897 SH SOLE 2455252 0 952645 PRIMERICA INC COM 74164M108 194345 1267988 SH SOLE 908726 0 359262 PROCTER AND GAMBLE CO COM 742718109 250951 1534117 SH SOLE 1504132 0 29985 RAYTHEON TECHNOLOGIES CORP COM 75513E101 240154 2790537 SH SOLE 2731906 0 58631 RESTAURANT BRANDS INTL INC COM 76131D103 148731 2458416 SH SOLE 2443120 0 15296 RITCHIE BROS AUCTIONEERS COM 767744105 1196 19538 SH SOLE 19538 0 0 ROGERS COMMUNICATIONS INC CL B 775109200 103534 2179321 SH SOLE 2165215 0 14106 ROYAL BK CDA COM 780087102 87396 825333 SH SOLE 820135 0 5198 SELECTQUOTE INC COM 816307300 2793 308271 SH SOLE 222469 0 85802 SERVICENOW INC COM 81762P102 115134 177372 SH SOLE 173890 0 3482 SHAW COMMUNICATIONS INC CL B CONV 82028K200 79963 2640718 SH SOLE 2621736 0 18982 SIMPSON MFG INC COM 829073105 52241 375642 SH SOLE 268043 0 107599 SS&C TECHNOLOGIES HLDGS INC COM 78467J100 319786 3900777 SH SOLE 3142970 0 757807 STANTEC INC COM 85472N109 96908 1728718 SH SOLE 1715971 0 12747 STRATEGIC ED INC COM 86272C103 64738 1119256 SH SOLE 798780 0 320476 SUNCOR ENERGY INC NEW COM 867224107 3728 149314 SH SOLE 146974 0 2340 TC ENERGY CORP COM 87807B107 75429 1625506 SH SOLE 1615285 0 10221 TD SYNNEX CORPORATION COM 87162W100 120522 1053882 SH SOLE 749041 0 304841 TELUS CORPORATION COM 87971M103 852 36275 SH SOLE 36275 0 0 THOMSON REUTERS CORP. COM NEW 884903709 700 5868 SH SOLE 5868 0 0 TORONTO DOMINION BK ONT COM NEW 891160509 89127 1165138 SH SOLE 1157411 0 7727 TRUIST FINL CORP COM 89832Q109 215007 3672199 SH SOLE 3600399 0 71800 VALVOLINE INC COM 92047W101 513 13770 SH SOLE 13770 0 0 WHEELER REAL ESTATE INVT TR PFD CNV SER D 963025606 617 40600 SH SOLE 40600 0 0 WILLIS TOWERS WATSON PLC LTD SHS G96629103 119903 504878 SH SOLE 495050 0 9828 WYNDHAM HOTELS & RESORTS INC COM 98311A105 85440 953042 SH SOLE 665280 0 287762 YUM CHINA HLDGS INC COM 98850P109 9736 198247 SH SOLE 198247 0 0 ZTO EXPRESS CAYMAN INC SPONSORED ADS A 98980A105 14335 507979 SH SOLE 507979 0 0