BURGUNDY ASSET MANAGEMENT LTD
Q1 2023 Form 13-F

TORONTO, ONTARIO, CANADA
CIK 0001315868 · CRD 114317 · SEC-registered investment adviser
Holdings reported by BANK OF MONTREAL since Q4 2025
$8.1B Reported Value Total

BURGUNDY ASSET MANAGEMENT LTD. reports 3,158 total accounts under management (AUM). There are 3,158 discretionary accounts valued at $18,233,360,048, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Firm Brochure (Part 2A)
Private funds (Form ADV)
8 funds · $2.1B gross asset value
Other: $2.1B
Source: Form ADV filed 2026-01-28
Reported value
$8.1B
Quarter over quarter
+6.1%
Holdings
104
Top-10 concentration
30.6%

Filing Structure

Reports holdings for

Holdings reported by

Key People

Form ADV owners & control persons
Bill Bamber
DIRECTOR
Kevin Barnes
DIRECTOR
Julie Cordeiro
OFFICER AND SENIOR VICE PRESIDENT, CHIEF ADMINISTRATIVE OFFICER
Q4 2022
Q2 2023
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Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.

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Q1 2023 13F filing summary

Period of report March 31, 2023
Filed May 11, 2023
Form 13F-HR
Reported value $8.1B
Positions 104
Change in reported value +4.6%
New positions 5
Exited positions 7
Position turnover 10.8%
Top-10 concentration 30.6%

13F filings by quarter

Quarter Positions Value
Q3 2025 13F
Filed Nov 12, 2025
 109 $10.6B
Q2 2025 13F
Filed Aug 13, 2025
 109 $10.3B
Q1 2025 13F
Filed May 13, 2025
 109 $9.6B
Q4 2024 13F
Filed Feb 18, 2025
 104 $9.9B
Q3 2024 13F
Filed Nov 12, 2024
 106 $10.1B
Q2 2024 13F
Filed Aug 12, 2024
 103 $9.5B
Q1 2024 13F
Filed May 13, 2024
 101 $9.7B
Q4 2023 13F
Filed Feb 13, 2024
 106 $9.0B
Q3 2023 13F
Filed Nov 9, 2023
 101 $8.1B
Q2 2023 13F
Filed Aug 11, 2023
 106 $8.5B
Q1 2023 13F
Filed May 11, 2023
 104 $8.1B
Q4 2022 13F
Filed Feb 10, 2023
 106 $7.7B
Q3 2022 13F
Filed Nov 14, 2022
 110 $7.2B
Q2 2022 13F
Filed Aug 10, 2022
 111 $8.0B
Q1 2022 13F
Filed May 12, 2022
 112 $9.4B
Q4 2021 13F
Filed Feb 10, 2022
 111 $10.3B
Q3 2021 13F
Filed Nov 12, 2021
 113 $10.2B
Q2 2021 13F
Filed Aug 13, 2021
 115 $10.2B
Q1 2021 13F
Filed May 14, 2021
 116 $9.8B
Q4 2020 13F
Filed Feb 12, 2021
 112 $9.1B

30 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q1 2023

# Holding Reported value % of portfolio
1 MSFT MICROSOFT CORP $337.8M 4.18%
2 GOOGL ALPHABET INC-A $328.1M 4.06%
3 SSNC SS&C TECH HLDG INC $259.8M 3.21%
4 ALSN ALLISON TRANSMISSION HLDG IN $239.8M 2.97%
5 DLTR DOLLAR TREE INC $230.8M 2.85%
6 CARR CARRIER GLOBAL CORP $229.1M 2.83%
7 ICE INTERCONTINENTAL EXCHANGE I $220.5M 2.73%
8 PRI PRIMERICA INC $214.9M 2.66%
9 AJG ARTHUR J GALLAGHER & CO $213.5M 2.64%
10 PG PROCTER & GAMBLE CO $196.8M 2.43%
11 EA ELECTRONIC ARTS INC $196.5M 2.43%
12 JNJ JOHNSON & JOHNSON $193.2M 2.39%
13 WTW WILLIS TOWERS WA $182.0M 2.25%
14 NWSA NEWS CORP-CL A $180.8M 2.24%
15 COR AMERISOURCEBERGEN CORP $159.3M 1.97%
16 PAG PENSKE AUTO GRP INC $158.1M 1.95%
17 TFC TRUIST FINANCIAL CORP $154.3M 1.91%
18 ROST ROSS STORES INC $150.1M 1.86%
19 MA MASTERCARD INC CLASS A $144.3M 1.78%
20 HSIC HENRY SCHEIN INC $142.6M 1.76%

Values as reported on the Q1 2023 Form 13F. Every position is in the holdings table below.

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