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Burgundy Asset Management LTD.

CIK:0001315868
Asset Manager
$10B AUM
109 holdings
Toronto, ON, Canada
Founded:1990
121 employees
Latest filing:Jun 30, 2025

Burgundy Asset Management Ltd. is a Canadian independent investment management firm headquartered in Toronto, Ontario. Founded in 1990, the firm primarily manages assets for private clients, foundations, endowments, and pensions, with a focus on serving high-net-worth individuals and institutional investors. As of mid-2025, Burgundy reports approximately 121 employees and manages billions in client assets globally.

Investment Strategy

Burgundy Asset Management is known for its disciplined, long-term, value-oriented approach to equity investing. The firm focuses on investing in high-quality companies with attractive valuations, strong business fundamentals, and sustainable competitive advantages. Burgundy emphasizes rigorous research, a bottom-up stock selection process, risk management, and a commitment to client alignment, often holding investments for extended periods to take advantage of compounding returns.

Latest 13F Filing Activity

Burgundy Asset Management LTD. filed their most recent 13F report on Jun 30, 2025 disclosing 107 equity positions with a total 13F market value of $10B. The fund increased holdings in PPG Inds Inc., Emcor Group Inc., Openlane Inc. among other positions. Burgundy Asset Management LTD. reduced exposure to Dollar Tree Inc., Cable One Inc., Sysco Corp. among others.

Top Buys
P
PPGPPG INDS INC
+$93.7M
E
EMEEMCOR GROUP INC
+$93.2M
K
KAROPENLANE INC
+$60.6M
U
USFDUS FOODS HLDG CORP
+$59.7M
M
MSFTMICROSOFT CORP
+$59.6M
Top Sells
D
DLTRDOLLAR TREE INC
-$80.4M
C
CABOCABLE ONE INC
-$42.5M
S
SYYSYSCO CORP
-$33.7M
W
WTWWILLIS TOWERS WATSON PLC LTD
-$30.6M
C
CPRTCOPART INC
-$28.1M

Top Holdings

S
SSNCSS&C TECHNOLOGIES HLDGS INC
+4.2%$433.8M
P
PRIPRIMERICA INC
+3.6%$364.9M
E
EMEEMCOR GROUP INC
+2.8%$283.7M
W
WTWWILLIS TOWERS WATSON PLC LTD
+2.7%$274.0M
M
MSFTMICROSOFT CORP
+2.5%$252.7M

Equity Positions (107)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
S
SSNC
SS&C TECHNOLOGIES HLDGS INC4.22%$433.8M5,239,571$45.89$82.80+$624.3K
P
PRI
PRIMERICA INC3.55%$364.9M1,333,473$79.52$273.67-$7.8M
E
EME
EMCOR GROUP INC2.76%$283.7M530,457$161.18$534.89+$93.2M
W
WTW
WILLIS TOWERS WATSON PLC LTD2.67%$274.0M894,007$222.23$306.50-$30.6M
M
MSFT
MICROSOFT CORP2.46%$252.7M508,021$44.32$497.41+$59.6M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+9.9%
RETAIL-AUTO DEALERS & GASOLINE STATIONS
+4.1%
SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
+3.8%
MOTOR VEHICLE PARTS & ACCESSORIES
+3.8%
LIFE INSURANCE
+3.6%