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Asset Manager ← All Institutions

Burgundy Asset Management Ltd.

Q2 2025 · Filed 2025-08-13
Market Value
$10.2B
+6.4%
Holdings
110
+1
New Purchases
6
Added To
42
Closed
6
Reduced
47
Top 10 Concentration
26.8%
Turnover
10.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PPG 0.92% 0.00% +0.92% $94M
EME 2.78% 1.98% +0.79% $284M
USFD 1.66% 1.15% +0.52% $170M
OPLN 2.47% 1.99% +0.47% $252M
MSFT 2.47% 2.01% +0.46% $253M
DHI 0.46% 0.00% +0.46% $47M
WAB 1.31% 0.89% +0.42% $134M
CRL 0.42% 0.00% +0.41% $43M
ORCL 1.01% 0.70% +0.32% $103M
RCI 1.21% 0.98% +0.23% $124M
IAC 0.92% 0.69% +0.23% $94M
AWI 2.10% 1.88% +0.22% $215M
GNRC 0.91% 0.70% +0.21% $93M
PAG 1.50% 1.30% +0.20% $153M
TD 1.37% 1.21% +0.16% $140M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DLTR 0.45% 1.31% -0.87% $46M
WTW 2.68% 3.17% -0.49% $274M
CABO 0.63% 1.11% -0.48% $64M
ABC 1.79% 2.22% -0.43% $183M
SYY 1.15% 1.58% -0.42% $118M
PRI 3.57% 3.88% -0.31% $365M
CPRT 0.16% 0.46% -0.30% $16M
SKY 0.51% 0.80% -0.29% $52M
JNJ 1.74% 2.02% -0.28% $177M
WH 1.96% 2.23% -0.27% $200M
SSNC 4.25% 4.51% -0.26% $434M
BRK-A 1.10% 1.32% -0.22% $112M
BFAM 0.00% 0.22% -0.22% $0
DV 0.53% 0.73% -0.20% $54M
KVUE 1.47% 1.64% -0.17% $150M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $1.3B 13.2%
Large Cap 57 $5.5B 54.0%
Mid Cap 29 $2.7B 26.5%
Small Cap 10 $583M 5.7%
Micro Cap 2 $64M 0.6%

Portfolio Analytics

Avg Market Cap
$178.3B
Median Market Cap
$16.2B
Avg P/E
25.7
Median P/E
21.5
Avg Dividend Yield
0.13%
Avg Beta
0.98
# Stocks
109
# ETFs / Funds
1

Top Holdings (110 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SSNC 4.25% 5,239,571 $434M $82.80 $624K +53,264 +1.0%
2 PRI 3.57% 1,333,473 $365M $273.67 -$8M +23,454 +1.8%
3 EME 2.78% 530,457 $284M $534.89 $93M +14,935 +2.9%
4 WTW 2.68% 894,007 $274M $306.50 -$31M -7,330 -0.8%
5 MSFT 2.47% 508,021 $253M $497.41 $60M -6,239 -1.2%
6 OPLN 2.47% 10,306,027 $252M $24.45 $61M +380,366 +3.8%
7 ICE 2.28% 1,266,790 $232M $183.47 $12M -10,204 -0.8%
8 HLI 2.16% 1,225,966 $221M $179.95 $28M +36,144 +3.0%
9 AWI 2.10% 1,321,078 $215M $162.44 $34M +38,082 +3.0%
10 ALSN 2.07% 2,228,704 $212M $94.99 -$2M -5,742 -0.3%
11 GMED 2.01% 3,481,438 $205M $59.02 $387K +679,691 +24.3%
12 GOOGL 1.97% 1,140,072 $201M $176.23 $23M -13,102 -1.1%
13 WH 1.96% 2,465,968 $200M $81.21 -$14M +96,507 +4.1%
14 MDLZ 1.95% 2,948,267 $199M $67.44 -$2M -11,265 -0.4%
15 MDT 1.89% 2,218,151 $193M $87.17 $4M +105,846 +5.0%
16 LOPE 1.82% 982,698 $186M $189.00 $22M +36,546 +3.9%
17 ABC 1.79% 610,478 $183M $299.85 -$30M -157,024 -20.5%
18 JNJ 1.74% 1,160,080 $177M $152.75 -$17M -9,247 -0.8%
19 GNTX 1.71% 7,964,555 $175M $21.99 -$5M +236,346 +3.1%
20 USFD 1.66% 2,206,740 $170M $77.01 $60M +522,586 +31.0%
21 CBZ 1.63% 2,321,198 $166M $71.71 -$2M +100,932 +4.5%
22 NWSA 1.62% 5,552,618 $165M $29.72 $12M -66,549 -1.2%
23 CME 1.58% 586,764 $162M $275.62 $4M -6,227 -1.1%
24 HSIC 1.58% 2,207,493 $161M $73.05 $8M -27,936 -1.2%
25 EA 1.55% 990,457 $158M $159.70 -$5M -138,276 -12.2%
26 LNW 1.54% 1,632,562 $157M $96.26 $21M +57,973 +3.7%
27 AMH 1.51% 4,280,147 $154M $36.07 -$1M +168,851 +4.1%
28 PAG 1.50% 890,356 $153M $171.81 $29M +26,827 +3.1%
29 ROST 1.49% 1,191,294 $152M $127.58 -$2M -12,721 -1.1%
30 KVUE 1.47% 7,148,796 $150M $20.93 -$8M +592,854 +9.0%
31 AMZN 1.45% 676,936 $149M $219.39 $18M -7,216 -1.1%
32 TD 1.37% 1,908,467 $140M $73.42 $24M -25,273 -1.3%
33 WAB 1.31% 641,284 $134M $209.35 $48M +167,544 +35.4%
34 NYT 1.30% 2,368,819 $133M $55.98 $17M +43,595 +1.9%
35 STRA 1.27% 1,524,317 $130M $85.13 $6M +48,486 +3.3%
36 RCI 1.21% 4,172,546 $124M $29.61 $30M +662,594 +18.9%
37 EEFT 1.21% 1,217,631 $123M $101.38 -$2M +46,205 +3.9%
38 SYY 1.15% 1,552,148 $118M $75.74 -$34M -463,846 -23.0%
39 MA 1.12% 204,266 $115M $561.94 $2M -2,390 -1.2%
40 BRK-A 1.10% 154 $112M $728,800.00 -$15M -5 -3.1%
41 SSD 1.06% 693,775 $108M $155.31 $2M +20,240 +3.0%
42 QSR 1.03% 1,586,110 $105M $66.21 -$1M -6,392 -0.4%
43 ORCL 1.01% 472,475 $103M $218.63 $36M -5,562 -1.2%
44 CARR 0.97% 1,348,288 $99M $73.19 $12M -16,101 -1.2%
45 NKE 0.96% 1,386,476 $98M $71.04 $9M -19,936 -1.4%
46 IAC 0.92% 2,517,797 $94M $37.34 $27M +1,069,044 +73.8%
47 PPG 0.92% 823,899 $94M $113.75 +823,899 NEW
48 STN 0.92% 860,737 $93M $108.61 $12M -115,601 -11.8%
49 GNRC 0.91% 651,679 $93M $143.21 $26M +117,427 +22.0%
50 MKTX 0.91% 414,370 $93M $223.34 $5M +11,859 +3.0%
51 TFC 0.86% 2,046,367 $88M $42.99 $3M -19,826 -1.0%
52 PG 0.84% 539,672 $86M $159.32 -$7M -4,525 -0.8%
53 GGG 0.83% 991,702 $85M $85.97 $6M +39,691 +4.2%
54 RY 0.82% 639,962 $84M $131.55 $12M -2,276 -0.3%
55 HLMN 0.78% 11,202,558 $80M $7.14 -$3M +1,712,688 +18.1%
56 CNI 0.72% 708,784 $74M $104.00 $4M -3,035 -0.4%
57 BN 0.67% 1,114,437 $69M $61.78 $10M -3,648 -0.3%
58 BNS 0.65% 1,200,811 $66M $55.19 $9M -4,130 -0.3%
59 NWS 0.65% 1,929,507 $66M $34.31 $7M -20,716 -1.1%
60 GIB 0.64% 628,015 $66M $104.82 $3M -1,875 -0.3%
61 CABO 0.63% 474,730 $64M $135.81 -$42M +72,327 +18.0%
62 EYE 0.56% 2,505,978 $58M $23.01 -$6M -2,490,126 -49.8%
63 TSLX 0.55% 2,378,968 $57M $23.81 $4M +31,922 +1.4%
64 ALRM 0.55% 985,882 $56M $56.57 $7M +103,531 +11.7%
65 CIGI 0.55% 426,506 $56M $130.60 $4M -1,695 -0.4%
66 DV 0.53% 3,624,876 $54M $14.97 -$16M -1,601,092 -30.6%
67 SKY 0.51% 835,176 $52M $62.61 -$25M +22,972 +2.8%
68 BRK-B 0.46% 97,704 $47M $485.77 -$5M -1,077 -1.1%
69 DHI 0.46% 362,368 $47M $128.92 +362,368 NEW
70 DLTR 0.45% 460,632 $46M $99.04 -$80M -1,218,380 -72.6%
71 AZO 0.42% 11,543 $43M $3,712.23 -$2M -179 -1.5%
72 CRL 0.42% 280,170 $43M $151.73 $42M +277,450 +10200.4%
73 WCN 0.41% 224,729 $42M $186.46 -$2M -956 -0.4%
74 EL 0.35% 448,552 $36M $80.80 $6M -3,801 -0.8%
75 KLC 0.26% 2,658,159 $27M $10.10 $545K +388,714 +17.1%
76 LH 0.25% 95,842 $25M $262.51 $3M +199 +0.2%
77 SNX 0.21% 159,797 $22M $135.70 $6M +6,233 +4.1%
78 ATAT 0.20% 633,774 $21M $32.51 $4M +48,931 +8.4%
79 BA 0.17% 85,000 $18M $209.53 $3M
80 MCD 0.17% 60,642 $18M $292.17 -$1M
81 MMM 0.16% 110,000 $17M $152.24 $592K
82 JEF 0.16% 299,958 $16M $54.69 +299,958 NEW
83 CPRT 0.16% 327,128 $16M $49.07 -$28M -453,573 -58.1%
84 HDB 0.15% 195,956 $15M $76.67 $1M -7,892 -3.9%
85 IBP 0.14% 76,975 $14M $180.32 +76,975 NEW
86 YMM 0.12% 1,053,506 $12M $11.81 -$215K +62,359 +6.3%
87 EVRI 0.11% 812,298 $12M $14.24 $872K +29,911 +3.8%
88 LSTR 0.10% 71,600 $10M $139.02 $10M +68,897 +2548.9%
89 NTR 0.09% 165,000 $10M $58.16 $1M
90 ENB 0.07% 159,720 $7M $45.26 $72K -1,839 -1.1%
91 LOW 0.07% 30,142 $7M $221.87 -$416K -314 -1.0%
92 TU 0.03% 197,082 $3M $16.03 $330K
93 BIPC 0.03% 65,783 $3M $41.53 $559K +5,684 +9.5%
94 CNQ 0.02% 75,135 $2M $31.37 $43K
95 TRP 0.02% 41,363 $2M $48.73 -$4M -80,916 -66.2%
96 KMX 0.02% 25,460 $2M $67.21 +25,460 NEW
97 VGK 0.01% 18,911 $1M $77.50 +18,911 NEW
98 CW 0.01% 1,783 $871K $488.55 $305K
99 CDW —% 2,627 $469K $178.59 $151K +639 +32.1%
100 YUMC —% 10,320 $461K $44.71 -$1M -18,821 -64.6%

New Positions

SymbolValue% Port
PPG $94M 0.92%
DHI $47M 0.46%
JEF $16M 0.16%
IBP $14M 0.14%
KMX $2M 0.02%
VGK $1M 0.01%

Sold Out Positions

SymbolValue% Port
BFAM —%
MAIN —%
KMT —%
DFIN —%
NEOG —%
EQC —%
View SEC EDGAR Filings for Burgundy Asset Management Ltd. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms