Fund Holdings

Burgundy Asset Management Ltd.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
US FOODS HLDG CORP(USFD)2,206,7402,971,782+765,042169,941,047230,610,2832.18%+60,669,236
DANAHER CORPORATION(DHR)0236,772+236,772048,732,4130.46%+48,732,413
GENTEX CORP(GNTX)7,964,5557,923,912-40,643175,140,564221,948,7752.09%+46,808,211
ARMSTRONG WORLD INDS INC NEW(AWI)1,321,0781,313,676-7,402214,595,910257,178,3512.43%+42,582,441
ALPHABET INC(GOOG)1,140,0721,117,913-22,159200,914,889238,014,8572.25%+37,099,968
MARKETAXESS HLDGS INC(MKTX)414,370692,216+277,84692,545,396127,256,9891.20%+34,711,593
HILLMAN SOLUTIONS CORP(HLMN)11,202,55811,164,985-37,57379,986,264110,310,0521.04%+30,323,788
GENERAC HLDGS INC(GNRC)651,679648,364-3,31593,326,950120,109,4311.13%+26,782,481
SS&C TECHNOLOGIES HLDGS INC(SSNC)5,239,5715,193,498-46,073433,836,479460,455,5334.34%+26,619,054
JOHNSON & JOHNSON(JNJ)1,160,0801,136,939-23,141177,202,220201,431,4831.90%+24,229,263
SIMPSON MFG INC(SSD)693,775689,900-3,875107,750,195131,853,6881.24%+24,103,493
HOULIHAN LOKEY INC(HLI)1,225,9661,219,617-6,349220,612,582243,008,6872.29%+22,396,105
ROSS STORES INC(ROST)1,191,2941,170,458-20,836151,985,289172,244,5991.62%+20,259,310
COLLIERS INTL GROUP INC(CIGI)426,506424,796-1,71055,699,57170,093,8780.66%+14,394,307
WILLIS TOWERS WATSON PLC LTD(WTW)894,007877,476-16,531274,013,145286,750,3822.71%+12,737,237
D R HORTON INC(DHI)362,368350,704-11,66446,716,48359,437,3140.56%+12,720,831
WYNDHAM HOTELS & RESORTS INC(WH)2,465,9682,454,330-11,638200,261,261212,569,5212.01%+12,308,260
CABLE ONE INC474,730472,067-2,66364,473,08176,229,3790.72%+11,756,298
CGI INC(GIB)628,015799,246+171,23165,830,71177,563,6850.73%+11,732,974
CHAMPION HOMES INC(SKY)835,176844,413+9,23752,290,36963,719,4050.60%+11,429,036
GRAND CANYON ED INC(LOPE)982,698977,397-5,301185,729,922197,013,9131.86%+11,283,991
ALIGN TECHNOLOGY INC078,625+78,625011,161,6050.11%+11,161,605
PENSKE AUTOMOTIVE GRP INC(PAG)890,356885,860-4,496152,972,064163,361,4431.54%+10,389,379
ATOUR LIFESTYLE HLDGS LTD(ATAT)633,774774,823+141,04920,603,99330,156,1110.28%+9,552,118
MEDTRONIC PLC(MDT)2,218,1512,184,386-33,765193,356,223202,732,8651.91%+9,376,642
ELECTRONIC ARTS INC(EA)990,457973,374-17,083158,175,983167,371,6591.58%+9,195,676
ROYAL BK CDA(RY)639,962639,134-82884,185,67092,824,2210.88%+8,638,551
BANK NOVA SCOTIA HALIFAX1,200,8111,199,190-1,62166,276,83574,847,2390.71%+8,570,404
NEW YORK TIMES CO(NYT)2,368,8192,357,049-11,770132,606,488141,045,8121.33%+8,439,324
CANADIAN NATL RY CO(CNI)708,784845,531+136,74773,715,33181,803,1920.77%+8,087,861
NIKE INC(NKE)1,386,4761,364,095-22,38198,495,255105,540,0301.00%+7,044,775
GLOBUS MED INC(GMED)3,481,4383,460,983-20,455205,474,471212,054,4282.00%+6,579,957
INSTALLED BLDG PRODS INC(IBP)76,97576,498-47713,880,13220,028,7060.19%+6,148,574
TRUIST FINL CORP(TFC)2,046,3672,006,383-39,98487,973,31793,938,8520.89%+5,965,535
RESTAURANT BRANDS INTL INC(QSR)1,586,1101,742,299+156,189105,016,475110,266,7391.04%+5,250,264
WABTEC(WAB)641,284718,779+77,495134,252,805139,083,7361.31%+4,830,931
AUTOZONE INC(AZO)11,54311,324-21942,850,27147,544,1540.45%+4,693,883
MASTERCARD INCORPORATED(MA)204,266200,540-3,726114,785,236119,379,4571.13%+4,594,221
DOUBLEVERIFY HLDGS INC(DV)3,624,8763,608,272-16,60454,264,39458,706,5850.55%+4,442,191
LAUDER ESTEE COS INC(EL)448,552440,241-8,31136,243,00240,383,3070.38%+4,140,305
BROOKFIELD CORP(BN)1,114,4371,110,869-3,56868,844,96472,972,4060.69%+4,127,442
BERKSHIRE HATHAWAY INC DEL1541540112,235,200116,313,1201.10%+4,077,920
AMAZON COM INC(AMZN)676,936665,179-11,757148,512,989152,325,9911.44%+3,813,002
DOLLAR TREE INC(DLTR)460,632452,794-7,83845,620,99349,431,5210.47%+3,810,528
CHARLES RIV LABS INTL INC(CRL)280,170278,329-1,84142,510,19445,453,9090.43%+2,943,715
ALARM COM HLDGS INC985,882999,208+13,32655,771,34558,583,5650.55%+2,812,220
JEFFERIES FINL GROUP INC(JEF)299,958294,896-5,06216,404,70319,124,0060.18%+2,719,303
TORONTO DOMINION BK ONT(TD)1,908,4671,896,245-12,222140,110,633142,295,0291.34%+2,184,396
BOEING CO(BA)85,00085,000017,810,05019,947,8000.19%+2,137,750
TD SYNNEX CORPORATION(SNX)159,797158,963-83421,684,45323,537,6510.22%+1,853,198
ORACLE CORP(ORCL)472,475463,184-9,291103,297,209104,739,7980.99%+1,442,589
LANDSTAR SYS INC(LSTR)71,60085,380+13,7809,953,83211,298,3350.11%+1,344,503
KINDERCARE LEARNING COMPANIE2,658,1593,919,470+1,261,31126,847,40628,180,9890.27%+1,333,583
MCDONALDS CORP(MCD)60,64260,642017,717,77319,013,6930.18%+1,295,920
SIXTH STREET SPECIALTY LENDI(TSLX)2,378,9682,362,088-16,88056,643,22857,753,0520.54%+1,109,824
CARMAX INC(KMX)25,46041,459+15,9991,711,1672,543,5100.02%+832,343
LABCORP HOLDINGS INC(LH)95,84293,448-2,39425,159,48325,977,6100.25%+818,127
ENBRIDGE INC(ENB)159,720164,767+5,0477,229,1697,967,4180.08%+738,249
CANADIAN NAT RES LTD(CNQ)75,13589,097+13,9622,357,1012,819,7130.03%+462,612
3M CO(MMM)110,000110,000016,746,40017,108,3000.16%+361,900
CANADIAN PACIFIC KANSAS CITY(CP)03,561+3,5610271,0800.00%+271,080
GRANITE REAL ESTATE INVT TR(GRTUF)40,74240,74202,065,9272,319,6560.02%+253,729
TELUS CORPORATION(TU)197,082206,581+9,4993,159,2783,403,4480.03%+244,170
TC ENERGY CORP(TRP)41,36341,36302,015,5572,152,7420.02%+137,185
BROOKFIELD INFRASTRUCTURE CO(BIPC)65,78370,760+4,9772,732,0112,847,5100.03%+115,499
YUM CHINA HLDGS INC(YUMC)10,32011,564+1,244461,407517,1420.00%+55,735
VANGUARD INTL EQUITY INDEX F18,91119,136+2251,465,6031,502,1760.01%+36,573
FIRST AMERN FINL CORP(FAF)6,3816,3810391,730421,1460.00%+29,416
SOUTH BOW CORP(SOBO)8,2728,2720214,334229,1030.00%+14,769
META PLATFORMS INC(META)3753750276,784277,0120.00%+228
MIDDLEBY CORP(MIDD)1,6041,6040230,976219,5070.00%-11,469
CURTISS WRIGHT CORP(CW)1,7831,7830871,085852,5410.01%-18,544
CDW CORP(CDW)2,6272,6270469,156432,8250.00%-36,331
THOMSON REUTERS CORP1,5931,5930319,746282,7470.00%-36,999
TENCENT MUSIC ENTMT GROUP(TME)17,82811,985-5,843347,468293,8720.00%-53,596
BROOKFIELD ASSET MANAGMT LTD(BAM)40,30235,864-4,4382,226,4722,157,0190.02%-69,453
NUTRIEN LTD(NTR)165,000165,00009,596,7249,503,5800.09%-93,144
STANTEC INC(STN)860,737858,122-2,61593,480,89893,218,6990.88%-262,199
BERKSHIRE HATHAWAY INC DEL97,70493,695-4,00947,461,67247,126,7110.44%-334,961
COPART INC(CPRT)327,128319,054-8,07416,052,17115,573,0260.15%-479,145
WASTE CONNECTIONS INC(WCN)224,729224,049-68041,901,94741,379,6680.39%-522,279
GRACO INC(GGG)991,702987,333-4,36985,256,62184,308,3650.80%-948,256
AMERICAN HOMES 4 RENT(AMH)4,280,1474,258,875-21,272154,384,902152,552,9031.44%-1,831,999
NEWS CORP NEW(NWS)1,929,5071,896,357-33,15066,201,38564,229,6120.61%-1,971,773
IAC INC(PPLI)2,517,7972,501,914-15,88394,014,54091,620,0910.86%-2,394,449
PROCTER AND GAMBLE CO(PG)539,672530,142-9,53085,980,54383,253,5000.79%-2,727,043
PPG INDS INC(PPG)823,899814,635-9,26493,718,51190,611,8510.85%-3,106,660
KENVUE INC(KVUE)7,148,7967,030,246-118,550149,624,300145,596,3951.37%-4,027,905
ROGERS COMMUNICATIONS INC(RCI)4,172,5463,331,220-841,326123,528,484119,291,3781.13%-4,237,106
NEWS CORP NEW(NWS)5,552,6185,454,879-97,739165,023,807160,427,9911.51%-4,595,816
STRATEGIC ED INC(STRA)1,524,3171,516,338-7,979129,765,106123,354,0961.16%-6,411,010
LOWES COS INC(LOW)30,1420-30,1426,687,6060-6,687,606
OPENLANE INC(OPLN)10,306,0278,477,474-1,828,553251,982,360245,168,5482.31%-6,813,812
FULL TRUCK ALLIANCE CO LTD(YMM)1,053,506408,685-644,82112,441,9065,333,3390.05%-7,108,567
ATS CORPORATION(ATS)1,812,1471,807,557-4,59057,686,65850,009,9580.47%-7,676,700
PRIMERICA INC(PRI)1,333,4731,324,968-8,505364,931,556356,866,8813.37%-8,064,675
CENCORA INC610,478599,753-10,725183,051,828174,893,9721.65%-8,157,856
CME GROUP INC(CME)586,764575,337-11,427161,723,894153,333,0641.45%-8,390,830
EMCOR GROUP INC(EME)530,457443,982-86,475283,736,145275,268,8402.60%-8,467,305
HENRY SCHEIN INC(HSIC)2,207,4932,170,871-36,622161,257,364151,049,2041.43%-10,208,160
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