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Asset Manager ← All Institutions

Burgundy Asset Management Ltd.

Q3 2025 · Filed 2025-11-12
Market Value
$10.5B
+3.3%
Holdings
106
-4
New Purchases
2
Added To
18
Closed
3
Reduced
72
Top 10 Concentration
26.8%
Turnover
4.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
USFD 2.19% 1.66% +0.52% $231M
DHR 0.46% 0.00% +0.46% $49M
GNTX 2.10% 1.71% +0.39% $222M
AWI 2.44% 2.10% +0.34% $257M
MKTX 1.21% 0.91% +0.30% $127M
GOOGL 2.26% 1.97% +0.29% $238M
HLMN 1.05% 0.78% +0.26% $110M
GNRC 1.14% 0.91% +0.23% $120M
SSD 1.25% 1.06% +0.20% $132M
JNJ 1.91% 1.74% +0.18% $201M
ROST 1.63% 1.49% +0.15% $172M
HLI 2.30% 2.16% +0.14% $243M
CIGI 0.66% 0.55% +0.12% $70M
SSNC 4.37% 4.25% +0.12% $460M
DHI 0.56% 0.46% +0.11% $59M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SYY 0.58% 1.15% -0.58% $61M
EYE 0.05% 0.56% -0.51% $6M
LNW 1.19% 1.54% -0.35% $126M
MSFT 2.18% 2.47% -0.29% $230M
MDLZ 1.69% 1.95% -0.26% $178M
CARR 0.72% 0.97% -0.25% $76M
ALSN 1.83% 2.07% -0.24% $193M
CBZ 1.42% 1.63% -0.21% $149M
ICE 2.08% 2.28% -0.19% $220M
PRI 3.38% 3.57% -0.19% $357M
EME 2.61% 2.78% -0.17% $275M
HDB 0.00% 0.15% -0.15% $0
HSIC 1.43% 1.58% -0.15% $151M
OPLN 2.33% 2.47% -0.14% $245M
EEFT 1.07% 1.21% -0.14% $113M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $1.4B 13.3%
Large Cap 59 $5.7B 54.1%
Mid Cap 26 $2.8B 26.8%
Small Cap 8 $534M 5.1%
Micro Cap 1 $76M 0.7%

Portfolio Analytics

Avg Market Cap
$186.1B
Median Market Cap
$18.8B
Avg P/E
26.2
Median P/E
21.9
Avg Dividend Yield
0.02%
Avg Beta
0.98
# Stocks
105
# ETFs / Funds
1

Top Holdings (106 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SSNC 4.37% 5,193,498 $460M $88.66 $27M -46,073 -0.9%
2 PRI 3.38% 1,324,968 $357M $269.34 -$8M -8,505 -0.6%
3 WTW 2.72% 877,476 $287M $326.79 $13M -16,531 -1.9%
4 EME 2.61% 443,982 $275M $620.00 -$8M -86,475 -16.3%
5 AWI 2.44% 1,313,676 $257M $195.77 $43M -7,402 -0.6%
6 OPLN 2.33% 8,477,474 $245M $28.92 -$7M -1,828,553 -17.7%
7 HLI 2.30% 1,219,617 $243M $199.25 $22M -6,349 -0.5%
8 GOOGL 2.26% 1,117,913 $238M $212.91 $37M -22,159 -1.9%
9 USFD 2.19% 2,971,782 $231M $77.60 $61M +765,042 +34.7%
10 MSFT 2.18% 454,086 $230M $506.69 -$23M -53,935 -10.6%
11 GNTX 2.10% 7,923,912 $222M $28.01 $47M -40,643 -0.5%
12 ICE 2.08% 1,243,864 $220M $176.60 -$13M -22,926 -1.8%
13 WH 2.02% 2,454,330 $213M $86.61 $12M -11,638 -0.5%
14 GMED 2.01% 3,460,983 $212M $61.27 $7M -20,455 -0.6%
15 MDT 1.92% 2,184,386 $203M $92.81 $9M -33,765 -1.5%
16 JNJ 1.91% 1,136,939 $201M $177.17 $24M -23,141 -2.0%
17 LOPE 1.87% 977,397 $197M $201.57 $11M -5,301 -0.5%
18 ALSN 1.83% 2,210,926 $193M $87.31 -$19M -17,778 -0.8%
19 MDLZ 1.69% 2,898,948 $178M $61.44 -$21M -49,319 -1.7%
20 ABC 1.66% 599,753 $175M $291.61 -$8M -10,725 -1.8%
21 ROST 1.63% 1,170,458 $172M $147.16 $20M -20,836 -1.8%
22 EA 1.59% 973,374 $167M $171.95 $9M -17,083 -1.7%
23 PAG 1.55% 885,860 $163M $184.41 $10M -4,496 -0.5%
24 NWSA 1.52% 5,454,879 $160M $29.41 -$5M -97,739 -1.8%
25 CME 1.45% 575,337 $153M $266.51 -$8M -11,427 -1.9%
26 AMH 1.45% 4,258,875 $153M $35.82 -$2M -21,272 -0.5%
27 AMZN 1.44% 665,179 $152M $229.00 $4M -11,757 -1.7%
28 HSIC 1.43% 2,170,871 $151M $69.58 -$10M -36,622 -1.7%
29 CBZ 1.42% 2,315,606 $149M $64.54 -$17M -5,592 -0.2%
30 KVUE 1.38% 7,030,246 $146M $20.71 -$4M -118,550 -1.7%
31 TD 1.35% 1,896,245 $142M $75.04 $2M -12,222 -0.6%
32 NYT 1.34% 2,357,049 $141M $59.84 $8M -11,770 -0.5%
33 WAB 1.32% 718,779 $139M $193.50 $5M +77,495 +12.1%
34 SSD 1.25% 689,900 $132M $191.12 $24M -3,875 -0.6%
35 MKTX 1.21% 692,216 $127M $183.84 $35M +277,846 +67.0%
36 LNW 1.19% 1,360,624 $126M $92.47 -$31M -271,938 -16.7%
37 STRA 1.17% 1,516,338 $123M $81.35 -$6M -7,979 -0.5%
38 GNRC 1.14% 648,364 $120M $185.25 $27M -3,315 -0.5%
39 MA 1.13% 200,540 $119M $595.29 $5M -3,726 -1.8%
40 RCI 1.13% 3,331,220 $119M $35.81 -$4M -841,326 -20.2%
41 BRK-A 1.10% 154 $116M $755,280.00 $4M
42 EEFT 1.07% 1,211,358 $113M $93.19 -$11M -6,273 -0.5%
43 HLMN 1.05% 11,164,985 $110M $9.88 $30M -37,573 -0.3%
44 QSR 1.05% 1,742,299 $110M $63.29 $5M +156,189 +9.8%
45 NKE 1.00% 1,364,095 $106M $77.37 $7M -22,381 -1.6%
46 ORCL 0.99% 463,184 $105M $226.13 $1M -9,291 -2.0%
47 TFC 0.89% 2,006,383 $94M $46.82 $6M -39,984 -1.9%
48 STN 0.88% 858,122 $93M $108.63 -$262K -2,615 -0.3%
49 RY 0.88% 639,134 $93M $145.23 $9M -828 -0.1%
50 IAC 0.87% 2,501,914 $92M $36.62 -$2M -15,883 -0.6%
51 PPG 0.86% 814,635 $91M $111.23 -$3M -9,264 -1.1%
52 GGG 0.80% 987,333 $84M $85.39 -$948K -4,369 -0.4%
53 PG 0.79% 530,142 $83M $157.04 -$3M -9,530 -1.8%
54 CNI 0.78% 845,531 $82M $96.75 $8M +136,747 +19.3%
55 GIB 0.74% 799,246 $78M $97.05 $12M +171,231 +27.3%
56 CABO 0.72% 472,067 $76M $161.48 $12M -2,663 -0.6%
57 CARR 0.72% 1,165,423 $76M $65.20 -$23M -182,865 -13.6%
58 BNS 0.71% 1,199,190 $75M $62.41 $9M -1,621 -0.1%
59 BN 0.69% 1,110,869 $73M $65.69 $4M -3,568 -0.3%
60 CIGI 0.66% 424,796 $70M $165.01 $14M -1,710 -0.4%
61 NWS 0.61% 1,896,357 $64M $33.87 -$2M -33,150 -1.7%
62 SKY 0.60% 844,413 $64M $75.46 $11M +9,237 +1.1%
63 SYY 0.58% 753,976 $61M $80.47 -$57M -798,172 -51.4%
64 DHI 0.56% 350,704 $59M $169.48 $13M -11,664 -3.2%
65 DV 0.56% 3,608,272 $59M $16.27 $4M -16,604 -0.5%
66 ALRM 0.56% 999,208 $59M $58.63 $3M +13,326 +1.4%
67 TSLX 0.55% 2,362,088 $58M $24.45 $1M -16,880 -0.7%
68 DLTR 0.47% 452,794 $49M $109.17 $4M -7,838 -1.7%
69 DHR 0.46% 236,772 $49M $205.82 +236,772 NEW
70 AZO 0.45% 11,324 $48M $4,198.53 $5M -219 -1.9%
71 BRK-B 0.45% 93,695 $47M $502.98 -$335K -4,009 -4.1%
72 CRL 0.43% 278,329 $45M $163.31 $3M -1,841 -0.7%
73 WCN 0.39% 224,049 $41M $184.69 -$522K -680 -0.3%
74 EL 0.38% 440,241 $40M $91.73 $4M -8,311 -1.9%
75 ATAT 0.29% 774,823 $30M $38.92 $10M +141,049 +22.3%
76 KLC 0.27% 3,919,470 $28M $7.19 $1M +1,261,311 +47.5%
77 LH 0.25% 93,448 $26M $277.99 $818K -2,394 -2.5%
78 SNX 0.22% 158,963 $24M $148.07 $2M -834 -0.5%
79 IBP 0.19% 76,498 $20M $261.82 $6M -477 -0.6%
80 BA 0.19% 85,000 $20M $234.68 $2M
81 JEF 0.18% 294,896 $19M $64.85 $3M -5,062 -1.7%
82 MCD 0.18% 60,642 $19M $313.54 $1M
83 MMM 0.16% 110,000 $17M $155.53 $362K
84 CPRT 0.15% 319,054 $16M $48.81 -$479K -8,074 -2.5%
85 LSTR 0.11% 85,380 $11M $132.33 $1M +13,780 +19.2%
86 ALGN 0.11% 78,625 $11M $141.96 +78,625 NEW
87 NTR 0.09% 165,000 $10M $57.60 -$93K
88 ENB 0.08% 164,767 $8M $48.36 $738K +5,047 +3.2%
89 EYE 0.05% 251,576 $6M $22.94 -$52M -2,254,402 -90.0%
90 YMM 0.05% 408,685 $5M $13.05 -$7M -644,821 -61.2%
91 TU 0.03% 206,581 $3M $16.48 $244K +9,499 +4.8%
92 BIPC 0.03% 70,760 $3M $40.24 $115K +4,977 +7.6%
93 CNQ 0.03% 89,097 $3M $31.65 $463K +13,962 +18.6%
94 KMX 0.02% 41,459 $3M $61.35 $832K +15,999 +62.8%
95 TRP 0.02% 41,363 $2M $52.05 $137K
96 VGK 0.01% 19,136 $2M $78.50 $37K +225 +1.2%
97 CW 0.01% 1,783 $853K $478.15 -$19K
98 YUMC —% 11,564 $517K $44.72 $56K +1,244 +12.1%
99 CDW —% 2,627 $433K $164.76 -$36K
100 FAF —% 6,381 $421K $66.00 $29K

New Positions

SymbolValue% Port
DHR $49M 0.46%
ALGN $11M 0.11%

Sold Out Positions

SymbolValue% Port
LOW —%
HDB —%
EVRI —%
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