Burgundy Asset Management Ltd.
Institutional investor · Portfolio as of Q3 2023No 13F holdings reported for quarters after Q3 2025. Holdings now reported by Bank of Montreal.
Top Holdings101 positions
Alphabet Inc | 2.5M | $325.5M | 4.0% | $53.33 | +143.09% | 20 qtrssince 2018-Q4 | Decreased 0 |
Microsoft Corp | 978,312 | $308.9M | 3.8% | $94.84 | +227.37% | 20 qtrssince 2018-Q4 | Decreased 0 |
Allison Transmission Holdings | 4.6M | $272M | 3.3% | $37.76 | +52.13% | 20 qtrssince 2018-Q4 | Decreased 0 |
SS&C Technologies Holdings Inc | 4.6M | $242.5M | 3.0% | $45.05 | +13.09% | 20 qtrssince 2018-Q4 | Increased 52 |
Primerica Inc | 1.2M | $235.5M | 2.9% | $95.39 | +97.08% | 20 qtrssince 2018-Q4 | Decreased 0 |
Arthur J Gallagher & Co | 1M | $234.6M | 2.9% | $76.65 | +191.54% | 20 qtrssince 2018-Q4 | Decreased 0 |
Willis Towers Watson PLC | 1.1M | $221M | 2.7% | $212.54 | -4.32% | 11 qtrssince 2021-Q1 | Increased 68 |
Intercontinental Exchange Inc | 1.9M | $214.4M | 2.6% | $96.43 | +11.04% | 14 qtrssince 2020-Q2 | Decreased 0 |
Carrier Global Corp | 3.9M | $213.5M | 2.6% | $21.96 | +143.01% | 14 qtrssince 2020-Q2 | Decreased 0 |
News Corp | 9.3M | $186.4M | 2.3% | $13.91 | +42.16% | 20 qtrssince 2018-Q4 | Decreased 0 |
Electronic Arts Inc | 1.5M | $181.4M | 2.2% | $132.77 | -10.34% | 10 qtrssince 2021-Q2 | Decreased 0 |
Houlihan Lokey Inc | 1.7M | $178.7M | 2.2% | $43.75 | +136.80% | 20 qtrssince 2018-Q4 | Increased 53 |
Dollar Tree Inc | 1.7M | $176.5M | 2.2% | $89.72 | +18.65% | 15 qtrssince 2020-Q1 | Increased 57 |
Ross Stores Inc | 1.5M | $171M | 2.1% | $76.82 | +43.62% | 6 qtrssince 2022-Q2 | Decreased 0 |
Mondelez International Inc | 2.4M | $168.7M | 2.1% | $64.74 | +0.58% | 3 qtrssince 2023-Q1 | Increased 73 |
Johnson & Johnson | 1.1M | $164.9M | 2.0% | $117.11 | +24.09% | 20 qtrssince 2018-Q4 | Decreased 0 |
AmerisourceBergen Corp | 912,236 | $164.2M | 2.0% | $81.17 | +117.16% | 20 qtrssince 2018-Q4 | Decreased 0 |
Procter & Gamble Co/The | 999,277 | $145.8M | 1.8% | $106.95 | +27.92% | 14 qtrssince 2020-Q2 | Decreased 0 |
Mastercard Inc | 364,647 | $144.4M | 1.8% | $347.67 | +12.24% | 9 qtrssince 2021-Q3 | Decreased 0 |
EMCOR Group Inc | 654,661 | $137.7M | 1.7% | $112.49 | +85.88% | 12 qtrssince 2020-Q4 | Increased 48 |
Burgundy Asset Management Ltd. reported holdings worth $8.1B across 101 positions as of Q3 2023. Top holdings: GOOGL (4.0%), MSFT (3.8%), ALSN (3.3%). Fund DNA: Steady Compounder. HoldingsIntel Score: 1/5.0.
Active quarter - 3 new positions, 8 exits, 44 increased. Top move: MDLZ (INCREASED, conviction 73). Portfolio: $8.1B across 101 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
No 13F holdings reported for quarters after Q3 2025.
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR