0001193125-12-224146.txt : 20120510
0001193125-12-224146.hdr.sgml : 20120510
20120510103908
ACCESSION NUMBER: 0001193125-12-224146
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120331
FILED AS OF DATE: 20120510
DATE AS OF CHANGE: 20120510
EFFECTIVENESS DATE: 20120510
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
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11129
FILM NUMBER: 12828242
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
1
d350523d13fhr.txt
13F-HR
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
13F COVER PAGE
Report for the Calendar Year or Quarter Ended: MARCH 31, 2012
Check here if Amendment [ ]; Amendment Number:
---
This Amendment (Check only one.): [ ] 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 May 10, 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 reportingmanager(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: 112
Form 13F Information Table Value Total: 4,572,615
---------
(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
TITLE OF VALUE SHRS OR INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER CLASS CUSIP (x1000) PRN AMT SH/PRN PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------------- ---------- ----------- ------- ------- ------ -------- ---------- -------- ------- ------ -------
3M Co. COM 88579Y 10 1 892 10000 SH SOLE 10000 0
Activision Blizzard Inc. COM 00507V 10 9 36113 2816934 SH SOLE 2796365 20569
Altria Group Inc. COM 02209S 10 3 24627 797765 SH SOLE 790436 7329
AmerisourceBergen Corp. COM 03073E 10 5 30179 760568 SH SOLE 755374 5194
Arbitron Inc. COM 03875Q 10 8 15611 422136 SH SOLE 309999 112137
Ares Capital Corp. COM 04010L 10 3 59458 3636562 SH SOLE 2435065 1201497
Arthur J. Gallagher & Co. COM 363576 10 9 49446 1383499 SH SOLE 906199 477300
Artio Global Investors Inc. COM 04315B 10 7 4720 989493 SH SOLE 631332 358161
Bank of Montreal COM 063671 10 1 892 15000 SH SOLE 15000 0
Bank of New York Mellon Corp. COM 064058 10 0 31119 1289643 SH SOLE 1280270 9373
Bank of Nova Scotia COM 064149 10 7 132372 2362933 SH SOLE 2355442 7491
Barrick Gold Corp. COM 067901 10 8 1643 37800 SH SOLE 37800 0
Baxter International Inc. COM 071813 10 9 70719 1182993 SH SOLE 1173872 9121
BB&T Corp. COM 054937 10 7 74161 2362572 SH SOLE 2344403 18169
Becton, Dickinson and Co. COM 075887 10 9 28954 372884 SH SOLE 370480 2404
Berkshire Hathaway Inc. CL A 084670 10 8 27793 228 SH SOLE 228 0
Berkshire Hathaway Inc. CL B 084670 70 2 2977 36679 SH SOLE 35228 1451
Bridgepoint Education Inc. COM 10807M 10 5 41411 1673177 SH SOLE 1103579 569598
Brown & Brown Inc. COM 115236 10 1 48081 2021908 SH SOLE 1344209 677699
Canadian National Railway Co. COM 136375 10 2 192988 2428476 SH SOLE 2416562 11914
Canadian Natural Resources Ltd. COM 136385 10 1 104631 3156966 SH SOLE 3148298 8668
CareFusion Corp. COM 14170T 10 1 43672 1684208 SH SOLE 1677408 6800
Cenovus Energy Inc. COM 15135U 10 9 133662 3713871 SH SOLE 3701821 12050
Cisco Systems Inc. COM 17275R 10 2 57850 2735207 SH SOLE 2714088 21119
Citigroup Inc. COM 172967 42 4 914 25000 SH SOLE 25000 0
Corporate Executive Board Co. COM 21988R 10 2 36974 859668 SH SOLE 566281 293387
Dentsply International Inc. COM 249030 10 7 578 14400 SH SOLE 14400 0
DFC Global Corp. COM 23324T 10 7 27870 1476973 SH SOLE 932688 544285
Diamond Offshore Drilling Inc. COM 25271C 10 2 43643 653828 SH SOLE 649158 4670
Dolby Laboratories Inc. CL A 25659T 10 7 29759 781908 SH SOLE 775581 6327
Dun & Bradstreet Corp. COM 26483E 10 4 1382 16310 SH SOLE 16310 0
Eaton Vance Variable Rate
Income Trust COM 278279 10 4 7018 432113 SH SOLE 432113 0
EchoStar Corp. CL A 278768 10 6 12039 427816 SH SOLE 288039 139777
Emerson Electric Co. COM 291011 10 4 39648 759840 SH SOLE 754649 5191
Enbridge Inc. COM 29250N 10 5 405 10421 SH SOLE 10421 0
EnCana Corp. COM 292505 10 4 116529 5933534 SH SOLE 5915684 17850
Equifax Inc. COM 294429 10 5 146000 3298700 SH SOLE 2668370 630330
Expedia Inc. COM 30212P 30 3 59025 1765087 SH SOLE 1192822 572265
FirstService Corp. SUB VTG SH 33761N 10 9 23679 772405 SH SOLE 767782 4623
FX Alliance Inc. COM 361202 10 4 14498 924627 SH SOLE 659724 264903
FXCM Inc. CL A 302693 10 6 48177 3708798 SH SOLE 2491356 1217442
General Electric Co. COM 369604 10 3 1004 50000 SH SOLE 50000 0
Gladstone Investment Corp. COM 376546 10 7 18789 2481998 SH SOLE 1645159 836839
Google Inc. CL A 38259P 50 8 50064 78074 SH SOLE 77512 562
Graco Inc. COM 384109 10 4 26087 491646 SH SOLE 330199 161447
Harris Corp. COM 413875 10 5 48210 1069432 SH SOLE 1061684 7748
HCC Insurance Holdings Inc. COM 404132 10 2 30727 985790 SH SOLE 616428 369362
Hilltop Holdings Inc. COM 432748 10 1 37316 4447684 SH SOLE 2905744 1541940
Home Depot Inc. COM 437076 10 2 252 5000 SH SOLE 5000 0
Hospira Inc. COM 441060 10 0 68131 1822163 SH SOLE 1809959 12204
Iconix Brand Group Inc. COM 451055 10 7 66319 3815820 SH SOLE 2667292 1148528
Imperial Oil Ltd. COM 453038 40 8 71323 1569833 SH SOLE 1564633 5200
Insight Enterprises Inc. COM 45765U 10 3 45807 2088775 SH SOLE 1392646 696129
Interval Leisure Group Inc. COM 46113M 10 8 6433 369734 SH SOLE 241870 127864
iShares iBoxx High Yield Corporate
Bond ETF COM 464288 51 3 6890 75953 SH SOLE 75953 0
Johnson & Johnson Inc. COM 478160 10 4 56466 856070 SH SOLE 849209 6861
Juniper Networks Inc. COM 48203R 10 4 37352 1632520 SH SOLE 1619990 12530
Kayne Anderson Energy
Development Co. COM 48660Q 10 2 22551 879176 SH SOLE 588518 290658
Kraft Foods Inc. COM 50075N 10 4 570 15000 SH SOLE 15000 0
Laboratory Corporation of
America Holdings COM 50540R 40 9 1536 16777 SH SOLE 16777 0
Lender Processing Services Inc. COM 52602E 10 6 93126 3581757 SH SOLE 2901839 679918
Lincare Holdings Inc. COM 532791 10 0 15071 582338 SH SOLE 394977 187361
LoJack Corp. COM 539451 10 4 517 130178 SH SOLE 130178 0
M&T Bank Corp. COM 55261F 10 4 267 3072 SH SOLE 3072 0
Madison Square Garden Co. COM 55826P 10 0 79622 2328127 SH SOLE 1570601 757526
Magna International Inc. COM 559222 40 1 82543 1731217 SH SOLE 1725417 5800
MarketAxess Holdings Inc. COM 57060D 10 8 101338 2717578 SH SOLE 1764694 952884
McCormick & Co., Inc. COM 579780 20 6 2448 44976 SH SOLE 44976 0
McDonald's Corp. COM 580135 10 1 2295 23393 SH SOLE 23393 0
McGraw-Hill Co., Inc. COM 580645 10 9 434 8960 SH SOLE 8960 0
Merck & Co., Inc. COM 58933Y 10 5 1204 31360 SH SOLE 31360 0
Microsoft Corp. COM 594918 10 4 48017 1488904 SH SOLE 1478626 10278
Moody's Corp. COM 615369 10 5 4398 104460 SH SOLE 104460 0
Morgan Stanley COM 617446 44 8 387 19694 SH SOLE 19694 0
MSC Industrial Direct Co., Inc. COM 553530 10 6 48363 580733 SH SOLE 389274 191459
MSCI Inc. COM 55354G 10 0 44536 1209891 SH SOLE 810614 399277
Nexen Inc. COM 65334H 10 2 121366 6619056 SH SOLE 6598117 20939
NGP Capital Resources Co. COM 62912R 10 7 6133 936348 SH SOLE 607062 329286
Northern Trust Corp. COM 665859 10 4 53189 1120951 SH SOLE 1113685 7266
Nutraceutical International Corp. COM 67060Y 10 1 15461 1061915 SH SOLE 689547 372368
Occidental Petroleum Corp. COM 674599 10 5 49829 523253 SH SOLE 518614 4639
Omnicom Group Inc. COM 681919 10 6 1195 23597 SH SOLE 23597 0
Oracle Corp. COM 68389X 10 5 68791 2359093 SH SOLE 2339564 19529
Penske Auto Group Inc. COM 70959W 10 3 62765 2548323 SH SOLE 1680152 868171
Penson Worldwide Inc. COM 709600 10 0 46 67300 SH SOLE 67300 0
PepsiCo Inc. COM 713448 10 8 65086 980955 SH SOLE 972948 8007
Pfizer Inc. COM 717081 10 3 529 23329 SH SOLE 23329 0
Philip Morris International Inc. COM 718172 10 9 63879 720898 SH SOLE 715557 5341
Potash Corporation of
Saskatchewan Inc. COM 73755L 10 7 1767 38700 SH SOLE 38700 0
Primerica Inc. COM 74164M 10 8 66767 2648432 SH SOLE 1830089 818343
Qualcomm Inc. COM 747525 10 3 38494 565926 SH SOLE 562341 3585
Ritchie Bros. Auctioneers Inc. COM 767744 10 5 115099 4844239 SH SOLE 4829162 15077
Rogers Communications Inc. CL B 775109 20 0 66741 1681172 SH SOLE 1675632 5540
Royal Bank of Canada COM 780087 10 2 138693 2393113 SH SOLE 2385713 7400
Safeway Inc. COM 786514 20 8 29737 1471389 SH SOLE 1461030 10359
Shaw Communications Inc. CL B 82028K 20 0 20161 952654 SH SOLE 950854 1800
Solera Holdings Inc. COM 83421A 10 4 25715 560371 SH SOLE 373414 186957
SPDR Barclays Capital High Yield
Bond ETF COM 78464A 41 7 6740 171196 SH SOLE 171196 0
SS&C Technologies Holdings Inc. COM 78467J 10 0 13064 559978 SH SOLE 409454 150524
Tech Data Corp. COM 878237 10 6 45841 844831 SH SOLE 520175 324656
Thomson Reuters Corp. COM 884903 10 5 178463 6172559 SH SOLE 6152473 20086
Tim Hortons Inc. COM 88706M 10 3 6318 118098 SH SOLE 118098 0
Toronto-Dominion Bank COM 891160 50 9 128801 1517592 SH SOLE 1512869 4723
TripAdvisor Inc. COM 896945 20 1 29260 820284 SH SOLE 554678 265606
Tronox Inc. COM 897051 30 6 386 2218 SH SOLE 2218 0
U.S. Concrete Inc. COM 90333L 20 1 85 18161 SH SOLE 18161 0
United Technologies Corp. COM 913017 10 9 40981 494108 SH SOLE 490470 3638
Valassis Communications Inc. COM 918866 10 4 31459 1367804 SH SOLE 929061 438743
Viacom Inc. CL A 92553P 10 2 560 10782 SH SOLE 10782 0
Visa Inc. COM 92826C 83 9 76951 652129 SH SOLE 646944 5185
Wal-Mart Stores Inc. COM 931142 10 3 979 16000 SH SOLE 16000 0
Western Union Co. COM 959802 10 9 58781 3339802 SH SOLE 3317700 22102
TOTAL 4572615 COUNT 112