0001193125-12-061394.txt : 20120214
0001193125-12-061394.hdr.sgml : 20120214
20120214172234
ACCESSION NUMBER: 0001193125-12-061394
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120214
DATE AS OF CHANGE: 20120214
EFFECTIVENESS DATE: 20120214
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Burgundy Asset Management Ltd.
CENTRAL INDEX KEY: 0001315868
IRS NUMBER: 986054306
STATE OF INCORPORATION: A6
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11129
FILM NUMBER: 12612805
BUSINESS ADDRESS:
STREET 1: 181 BAY ST.
STREET 2: SUITE 4510, BAY WELLINGTON TOWER
CITY: TORONTO
STATE: A6
ZIP: M5J 2T3
BUSINESS PHONE: 416-869-3222
MAIL ADDRESS:
STREET 1: 181 BAY ST.
STREET 2: SUITE 4510, BAY WELLINGTON TOWER
CITY: TORONTO
STATE: A6
ZIP: M5J 2T3
13F-HR/A
1
d300959d13fhra.txt
13F-HR/A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
13F COVER PAGE
Report for the Calendar Year or Quarter Ended: DECEMBER 31, 2011
Check here if Amendment [X]; Amendment Number: 1
This Amendment (Check only one.): [X] is a restatement.
[_] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BURGUNDY ASSET MANAGEMENT LTD.
Address: 181 BAY STREET, SUITE 4510
BAY WELLINGTON TOWER, BROOKFIELD PLACE
TORONTO, ONTARIO M5J 2T3
Form 13F File Number: 28-11129
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: KATHLEEN HARRIGAN
Title: CHIEF COMPLIANCE OFFICER
Phone: (416) 868-3592
Signature, Place, and Date of Signing:
/s/ Kathleen Harrigan Toronto, Ontario Canada February 14, 2012
--------------------------------- ----------------------- -----------------
Kathleen Harrigan [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[_] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:[If there are no entries in
this list, omit this section.]
Form 13F File Number Name
---------------------- ----
28-__________________ ________________________________________________
[Repeat as necessary.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE
Form 13F Information Table Entry Total: 111
Form 13F Information Table Value Total: 3,997,197
----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings
and list entries.]
NONE
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ----------------------
NAME OF ISSUER CLASS CUSIP (x1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
--------------------------------------- ---------- ----------- ------- ------- --- ---- ---------- -------- ------- ------ -------
3M Co. COM 88579Y 10 1 34497 422085 SH SOLE 418459 3626
Activision Blizzard Inc. COM 00507V 10 9 29849 2422795 SH SOLE 2400728 22067
Altria Group Inc. COM 02209S 10 3 19972 673595 SH SOLE 665689 7906
Arbitron Inc. COM 03875Q 10 8 22174 644418 SH SOLE 449754 194664
Ares Capital Corp. COM 04010L 10 3 56280 3642730 SH SOLE 2441233 1201497
Arthur J. Gallagher & Co. COM 363576 10 9 45123 1349362 SH SOLE 899553 449809
Artio Global Investors Inc. COM 04315B 10 7 4725 968155 SH SOLE 629041 339114
Bank of Montreal COM 063671 10 1 824 15000 SH SOLE 15000 0
Bank of Nova Scotia COM 064149 10 7 112126 2243393 SH SOLE 2233984 9409
Barrick Gold Corp. COM 067901 10 8 1715 37800 SH SOLE 37800 0
Baxter International Inc. COM 071813 10 9 51564 1042116 SH SOLE 1031742 10374
Baytex Energy Corp. COM 07317Q 10 5 10683 190700 SH SOLE 189800 900
BB&T Corp. COM 054937 10 7 66237 2631584 SH SOLE 2605504 26080
Becton, Dickinson and Co. COM 075887 10 9 23964 320724 SH SOLE 318143 2581
Berkshire Hathaway Inc. CL A 084670 10 8 26279 229 SH SOLE 227 2
Berkshire Hathaway Inc. CL B 084670 70 2 2010 26337 SH SOLE 24412 1925
Bridgepoint Education Inc. COM 10807M 10 5 38020 1653048 SH SOLE 1116592 536456
Brown & Brown Inc. COM 115236 10 1 44962 1986827 SH SOLE 1348258 638569
Canadian National Railway Co. COM 136375 10 2 98259 1246783 SH SOLE 1242483 4300
Canadian Natural Resources Ltd. COM 136385 10 1 118880 3169105 SH SOLE 3157437 11668
Canadian Pacific Railway Ltd. COM 13645T 10 0 117539 1732178 SH SOLE 1724465 7713
CareFusion Corp. COM 14170T 10 1 37579 1478899 SH SOLE 1466092 12807
Cenovus Energy Inc. COM 15135U 10 9 126052 3789394 SH SOLE 3773244 16150
Cisco Systems Inc. COM 17275R 10 2 43769 2420868 SH SOLE 2398524 22344
Citigroup Inc. COM 172967 42 4 658 25000 SH SOLE 25000 0
Corporate Executive Board Co. COM 21988R 10 2 32228 845867 SH SOLE 569435 276432
Dentsply International Inc. COM 249030 10 7 504 14400 SH SOLE 14400 0
DFC Global Corp. COM 23324T107 26128 1446726 SH SOLE 930200 516526
Diamond Offshore Drilling Inc. COM 25271C 10 2 30708 555694 SH SOLE 550253 5441
Dolby Laboratories Inc. CL A 25659T 10 7 20760 680437 SH SOLE 673533 6904
Dun & Bradstreet Corp. COM 26483E 10 4 1356 18124 SH SOLE 18124 0
Eaton Vance Variable Rate Income Trust COM 278279 10 4 6149 432113 SH SOLE 432113 0
EchoStar Corp. CL A 278768 10 6 40958 1955981 SH SOLE 1300121 655860
Enbridge Inc. COM 29250N 10 5 390 10421 SH SOLE 10421 0
EnCana Corp. COM 292505 10 4 128760 6932173 SH SOLE 6905323 26850
Equifax Inc. COM 294429 10 5 117902 3043417 SH SOLE 2437890 605527
Expedia Inc. COM 30212P 30 3 42236 1455408 SH SOLE 1001985 453423
FirstService Corp. SUB VTG SH 33761N 10 9 20521 774405 SH SOLE 767982 6423
FXCM Inc. CL A 302693 10 6 32128 3295166 SH SOLE 2253405 1041761
General Electric Co. COM 369604 10 3 896 50000 SH SOLE 50000 0
Gladstone Investment Corp. COM 376546 10 7 18002 2476147 SH SOLE 1639308 836839
Google Inc. CL A 38259P 50 8 43414 67215 SH SOLE 66614 601
Graco Inc. COM 384109 10 4 19747 482941 SH SOLE 330788 152153
Harris Corp. COM 413875 10 5 33506 929676 SH SOLE 920657 9019
HCC Insurance Holdings Inc. COM 404132 10 2 28393 1032457 SH SOLE 679156 353301
Hilltop Holdings Inc. COM 432748 10 1 34809 4119393 SH SOLE 2730959 1388434
Home Depot Inc. COM 437076 10 2 210 5000 SH SOLE 5000 0
Hospira Inc. COM 441060 10 0 48385 1593173 SH SOLE 1579165 14008
Iconix Brand Group Inc. COM 451055 10 7 51822 3181233 SH SOLE 2156687 1024546
Imperial Oil Ltd. COM 453038 40 8 71669 1605805 SH SOLE 1598605 7200
Insight Enterprises Inc. COM 45765U 10 3 31219 2041806 SH SOLE 1385806 656000
iShares iBoxx High Yield Corporate Bond
ETF COM 464288 51 3 6792 75953 SH SOLE 75953 0
Johnson & Johnson Inc. COM 478160 10 4 48806 744228 SH SOLE 736994 7234
Juniper Networks Inc. COM 48203R 10 4 28778 1410009 SH SOLE 1396529 13480
Kayne Anderson Energy Development Co. COM 48660Q 10 2 18669 871965 SH SOLE 581307 290658
Kraft Foods Inc. COM 50075N 10 4 560 15000 SH SOLE 15000 0
Laboratory Corporation of America
Holdings COM 50540R 40 9 1589 18481 SH SOLE 18481 0
Lender Processing Services Inc. COM 52602E 10 6 50075 3322840 SH SOLE 2679592 643248
LoJack Corp. COM 539451 10 4 366 119221 SH SOLE 119221 0
M&T Bank Corp. COM 55261F 10 4 246 3228 SH SOLE 3228 0
Madison Square Garden Co. COM 55826P 10 0 69574 2429255 SH SOLE 1658044 771211
Magna International Inc. COM 559222 40 1 68840 2059125 SH SOLE 2051025 8100
MarketAxess Holdings Inc. COM 57060D 10 8 80517 2674084 SH SOLE 1778879 895205
Marriott Vacations Worldwide Corp. COM 57164Y 10 7 15021 875363 SH SOLE 585382 289981
McCormick & Co., Inc. COM 579780 20 6 2257 44759 SH SOLE 44759 0
McDonald's Corp. COM 580135 10 1 2360 23525 SH SOLE 23525 0
McGraw-Hill Co., Inc. COM 580645 10 9 403 8960 SH SOLE 8960 0
Medtronic Inc. COM 585055 10 6 32604 852389 SH SOLE 844807 7582
Merck & Co., Inc. COM 58933Y 10 5 1206 31994 SH SOLE 31994 0
Microsoft Corp. COM 594918 10 4 35330 1360947 SH SOLE 1349575 11372
Moody's Corp. COM 615369 10 5 3816 113292 SH SOLE 113292 0
Morgan Stanley COM 617446 44 8 298 19694 SH SOLE 19694 0
MSC Industrial Direct Co., Inc. COM 553530 10 6 34810 486513 SH SOLE 340984 145529
MSCI Inc. COM 55354G 10 0 24300 737925 SH SOLE 514033 223892
Nexen Inc. COM 65334H 10 2 105790 6637173 SH SOLE 6609025 28148
NGP Capital Resources Co. COM 62912R 10 7 9359 1301622 SH SOLE 842094 459528
Northern Trust Corp. COM 665859 10 4 38347 966903 SH SOLE 958440 8463
Nutraceutical International Corp. COM 67060Y 10 1 11958 1056325 SH SOLE 685684 370641
Occidental Petroleum Corp. COM 674599 10 5 43227 461333 SH SOLE 456466 4867
Omnicom Group Inc. COM 681919 10 6 1155 25912 SH SOLE 25912 0
Oracle Corp. COM 68389X 10 5 52889 2061934 SH SOLE 2041319 20615
Penske Auto Group Inc. COM 70959W 10 3 48135 2500515 SH SOLE 1684112 816403
Penson Worldwide Inc. COM 709600 10 0 78 67300 SH SOLE 67300 0
PepsiCo Inc. COM 713448 10 8 57435 865635 SH SOLE 857089 8546
Pfizer Inc. COM 717081 10 3 505 23329 SH SOLE 23329 0
Philip Morris International Inc. COM 718172 10 9 48834 622251 SH SOLE 616422 5829
Potash Corporation of Saskatchewan Inc. COM 73755L 10 7 1602 38700 SH SOLE 38700 0
Primerica Inc. COM 74164M 10 8 61063 2627486 SH SOLE 1833748 793738
Qualcomm Inc. COM 747525 10 3 27386 500650 SH SOLE 496737 3913
Ritchie Bros. Auctioneers Inc. COM 767744 10 5 107244 4857072 SH SOLE 4836607 20465
Rogers Communications Inc. CL B 775109 20 0 70980 1839153 SH SOLE 1831413 7740
Royal Bank of Canada COM 780087 10 2 123158 2409613 SH SOLE 2399513 10100
Safeway Inc. COM 786514 20 8 40583 1928871 SH SOLE 1911743 17128
Shaw Communications Inc. CL B 82028K 20 0 1031 51794 SH SOLE 51794 0
Solera Holdings Inc. COM 83421A 10 4 19550 438922 SH SOLE 289423 149499
SPDR Barclays Capital High Yield Bond
ETF COM 78464A 41 7 6582 171196 SH SOLE 171196 0
SS&C Technologies Holdings Inc. COM 78467J 10 0 7496 415061 SH SOLE 330739 84322
Tech Data Corp. COM 878237 10 6 40947 828725 SH SOLE 522841 305884
Thomson Reuters Corp. COM 884903 10 5 166551 6220435 SH SOLE 6193349 27086
Tim Hortons Inc. COM 88706M 10 3 41296 850859 SH SOLE 845563 5296
Time Warner Inc. COM 887317 30 3 246 6800 SH SOLE 6800 0
Toronto-Dominion Bank COM 891160 50 9 112250 1496369 SH SOLE 1489985 6384
TripAdvisor Inc. COM 896945 20 1 36691 1455408 SH SOLE 1001985 453423
U.S. Concrete Inc. COM 90333L 20 1 53 18161 SH SOLE 18161 0
U.S. Gold Corp. COM 912023 20 7 34 10000 SH SOLE 10000 0
United Technologies Corp. COM 913017 10 9 30848 422059 SH SOLE 418138 3921
Valassis Communications Inc. COM 918866 10 4 25857 1344636 SH SOLE 930821 413815
Viacom Inc. CL A 92553P 10 2 575 10782 SH SOLE 10782 0
Visa Inc. COM 92826C 83 9 72960 718607 SH SOLE 711339 7268
Wal-Mart Stores Inc. COM 931142 10 3 956 16000 SH SOLE 16000 0
Western Union Co. COM 959802 10 9 39788 2178982 SH SOLE 2160706 18276
TOTAL 3997197 COUNT 111