AI Portfolio Summary
In 2025 Q3, Burgundy Asset Management Ltd. maintained a portfolio of 112 distinct positions. They heavily accumulated shares in US FOODS HLDG CORP, increasing their position by 34.7%. The fund also reduced its exposure to ROGERS COMMUNICATION by 20.2%.
Total Positions
112
Quarter
2025 Q3
Top Holding
SSNC (4.3%)
Top 10 Concentration
26.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 112
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SSNC
SS&C TECHNOLOGI...
|
Technology | 4.34% | 4.22% |
#1
Prev: #1
|
4.2 | -46,073 | -0.9% |
P
S
|
5,193,498 | $460,455,533 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
PRI
PRIMERICA INC
|
Financial Services | 3.37% | 3.55% |
#2
Prev: #2
|
3.3 | -8,505 | -0.6% |
P
S
|
1,324,968 | $356,866,881 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
WTW
WILLIS TOWERS W...
|
Financial Services | 2.71% | 2.67% |
#3
1
Prev: #4
|
2.6 | -16,531 | -1.8% |
P
S
|
877,476 | $286,750,382 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
EME
EMCOR GROUP INC
|
Industrials | 2.60% | 2.76% |
#4
1
Prev: #3
|
2.0 | -86,475 | -16.3% |
P
S
|
443,982 | $275,268,840 | 2020 Q4 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
AWI
ARMSTRONG WORLD...
|
Industrials | 2.43% | 2.09% |
#5
4
Prev: #9
|
2.0 | -7,402 | -0.6% |
P
S
|
1,313,676 | $257,178,351 | 2020 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
KAR
OPENLANE INC
|
Consumer Cyclical | 2.31% | 2.45% |
#6
Prev: #6
|
1.4 | -1,828,553 | -17.7% |
P
S
|
8,477,474 | $245,168,548 | 2020 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
HLI
HOULIHAN LOKEY ...
|
Financial Services | 2.29% | 2.15% |
#7
1
Prev: #8
|
1.4 | -6,349 | -0.5% |
P
S
|
1,219,617 | $243,008,687 | 2015 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 2.25% | 1.96% |
#8
4
Prev: #12
|
1.4 | -22,159 | -1.9% |
P
S
|
1,117,913 | $238,014,857 | 2018 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
USFD
US FOODS HLDG C...
|
Consumer Defensive | 2.18% | 1.65% |
#9
11
Prev: #20
|
3.4 | 765,042 | 34.7% |
P
S
|
2,971,782 | $230,610,283 | 2025 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
MSFT
MICROSOFT CORP
|
Technology | 2.17% | 2.46% |
#10
5
Prev: #5
|
1.4 | -53,935 | -10.6% |
P
S
|
454,086 | $230,080,835 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
GNTX
GENTEX CORP
|
Consumer Cyclical | 2.09% | 1.70% |
#11
8
Prev: #19
|
1.3 | -40,643 | -0.5% |
P
S
|
7,923,912 | $221,948,775 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
ICE
INTERCONTINENTA...
|
Financial Services | 2.07% | 2.26% |
#12
5
Prev: #7
|
1.3 | -22,926 | -1.8% |
P
S
|
1,243,864 | $219,666,382 | 2020 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
WH
WYNDHAM HOTELS ...
|
Consumer Cyclical | 2.01% | 1.95% |
#13
Prev: #13
|
1.3 | -11,638 | -0.5% |
P
S
|
2,454,330 | $212,569,521 | 2018 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
GMED
GLOBUS MED INC
|
Healthcare | 2.00% | 2.00% |
#14
3
Prev: #11
|
1.3 | -20,455 | -0.6% |
P
S
|
3,460,983 | $212,054,428 | 2023 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
MDT
MEDTRONIC PLC
|
Healthcare | 1.91% | 1.88% |
#15
Prev: #15
|
1.3 | -33,765 | -1.5% |
P
S
|
2,184,386 | $202,732,865 | 2024 Q4 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
JNJ
JOHNSON & JOHNS...
|
Healthcare | 1.90% | 1.72% |
#16
2
Prev: #18
|
1.3 | -23,141 | -2.0% |
P
S
|
1,136,939 | $201,431,483 | 2007 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
LOPE
GRAND CANYON ED...
|
Consumer Defensive | 1.86% | 1.81% |
#17
1
Prev: #16
|
1.2 | -5,301 | -0.5% |
P
S
|
977,397 | $197,013,913 | 2019 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
ALSN
ALLISON TRANSMI...
|
Consumer Cyclical | 1.82% | 2.06% |
#18
8
Prev: #10
|
1.2 | -17,778 | -0.8% |
P
S
|
2,210,926 | $193,035,949 | 2014 Q4 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
MDLZ
MONDELEZ INTL I...
|
Consumer Defensive | 1.68% | 1.94% |
#19
5
Prev: #14
|
1.2 | -49,319 | -1.7% |
P
S
|
2,898,948 | $178,111,365 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
COR
CENCORA INC
|
Healthcare | 1.65% | 1.78% |
#20
3
Prev: #17
|
1.2 | -10,725 | -1.8% |
P
S
|
599,753 | $174,893,972 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
ROST
ROSS STORES INC
|
Consumer Cyclical | 1.62% | 1.48% |
#21
8
Prev: #29
|
1.1 | -20,836 | -1.7% |
P
S
|
1,170,458 | $172,244,599 | 2022 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
EA
ELECTRONIC ARTS...
|
Communication Services | 1.58% | 1.54% |
#22
3
Prev: #25
|
1.1 | -17,083 | -1.7% |
P
S
|
973,374 | $167,371,659 | 2021 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
PAG
PENSKE AUTOMOTI...
|
Consumer Cyclical | 1.54% | 1.49% |
#23
5
Prev: #28
|
1.1 | -4,496 | -0.5% |
P
S
|
885,860 | $163,361,443 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
NWSA
NEWS CORP NEW
|
Communication Services | 1.51% | 1.61% |
#24
2
Prev: #22
|
1.1 | -97,739 | -1.8% |
P
S
|
5,454,879 | $160,427,991 | 2018 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
CME
CME GROUP INC
|
Financial Services | 1.45% | 1.57% |
#25
2
Prev: #23
|
1.1 | -11,427 | -1.9% |
P
S
|
575,337 | $153,333,064 | 2023 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
AMH
AMERICAN HOMES ...
|
Real Estate | 1.44% | 1.50% |
#26
1
Prev: #27
|
1.1 | -21,272 | -0.5% |
P
S
|
4,258,875 | $152,552,903 | 2013 Q4 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 1.44% | 1.45% |
#27
4
Prev: #31
|
1.1 | -11,757 | -1.7% |
P
S
|
665,179 | $152,325,991 | 2022 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
HSIC
HENRY SCHEIN IN...
|
Healthcare | 1.43% | 1.57% |
#28
4
Prev: #24
|
1.1 | -36,622 | -1.7% |
P
S
|
2,170,871 | $151,049,204 | 2020 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
CBZ
CBIZ INC
|
Industrials | 1.41% | 1.62% |
#29
8
Prev: #21
|
1.1 | -5,592 | -0.2% |
P
S
|
2,315,606 | $149,449,211 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
KVUE
KENVUE INC
|
Consumer Defensive | 1.37% | 1.46% |
#30
Prev: #30
|
1.0 | -118,550 | -1.7% |
P
S
|
7,030,246 | $145,596,395 | 2023 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
TD
TORONTO DOMINIO...
|
Financial Services | 1.34% | 1.36% |
#31
1
Prev: #32
|
1.0 | -12,222 | -0.6% |
P
S
|
1,896,245 | $142,295,029 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
NYT
NEW YORK TIMES ...
|
Communication Services | 1.33% | 1.29% |
#32
2
Prev: #34
|
1.0 | -11,770 | -0.5% |
P
S
|
2,357,049 | $141,045,812 | 2022 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
WAB
WABTEC
|
Industrials | 1.31% | 1.31% |
#33
Prev: #33
|
2.5 | 77,495 | 12.1% |
P
S
|
718,779 | $139,083,736 | 2025 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
SSD
SIMPSON MFG INC
|
Basic Materials | 1.24% | 1.05% |
#34
7
Prev: #41
|
1.0 | -3,875 | -0.6% |
P
S
|
689,900 | $131,853,688 | 2019 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
MKTX
MARKETAXESS HLD...
|
Financial Services | 1.20% | 0.90% |
#35
15
Prev: #50
|
3.5 | 277,846 | 67.1% |
P
S
|
692,216 | $127,256,989 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
LNW
LIGHT & WONDER ...
|
Consumer Cyclical | 1.19% | 1.53% |
#36
10
Prev: #26
|
1.0 | -271,938 | -16.7% |
P
S
|
1,360,624 | $125,816,901 | 2022 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
STRA
STRATEGIC ED IN...
|
Consumer Defensive | 1.16% | 1.26% |
#37
2
Prev: #35
|
1.0 | -7,979 | -0.5% |
P
S
|
1,516,338 | $123,354,096 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
GNRC
GENERAC HLDGS I...
|
Industrials | 1.13% | 0.91% |
#38
11
Prev: #49
|
1.0 | -3,315 | -0.5% |
P
S
|
648,364 | $120,109,431 | 2014 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
MA
MASTERCARD INCO...
|
Financial Services | 1.13% | 1.12% |
#39
Prev: #39
|
1.0 | -3,726 | -1.8% |
P
S
|
200,540 | $119,379,457 | 2021 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
RCI
ROGERS COMMUNIC...
|
Communication Services | 1.13% | 1.20% |
#40
4
Prev: #36
|
0.5 | -841,326 | -20.2% |
P
S
|
3,331,220 | $119,291,378 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
BRK/A
BERKSHIRE HATHA...
|
Financial Services | 1.10% | 1.09% |
#41
1
Prev: #40
|
1.4 | no change | no change |
P
S
|
154 | $116,313,120 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
EEFT
EURONET WORLDWI...
|
Technology | 1.06% | 1.20% |
#42
5
Prev: #37
|
0.9 | -6,273 | -0.5% |
P
S
|
1,211,358 | $112,886,452 | 2023 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
HLMN
HILLMAN SOLUTIO...
|
Industrials | 1.04% | 0.78% |
#43
12
Prev: #55
|
0.9 | -37,573 | -0.3% |
P
S
|
11,164,985 | $110,310,052 | 2021 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
QSR
RESTAURANT BRAN...
|
Consumer Cyclical | 1.04% | 1.02% |
#44
2
Prev: #42
|
2.4 | 156,189 | 9.8% |
P
S
|
1,742,299 | $110,266,739 | 2018 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
NKE
NIKE INC
|
Consumer Cyclical | 1.00% | 0.96% |
#45
Prev: #45
|
0.9 | -22,381 | -1.6% |
P
S
|
1,364,095 | $105,540,030 | 2025 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
ORCL
ORACLE CORP
|
Technology | 0.99% | 1.01% |
#46
3
Prev: #43
|
0.9 | -9,291 | -2.0% |
P
S
|
463,184 | $104,739,798 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
TFC
TRUIST FINL COR...
|
Financial Services | 0.89% | 0.86% |
#47
4
Prev: #51
|
0.9 | -39,984 | -2.0% |
P
S
|
2,006,383 | $93,938,852 | 2019 Q4 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
STN
STANTEC INC
|
Industrials | 0.88% | 0.91% |
#48
Prev: #48
|
0.9 | -2,615 | -0.3% |
P
S
|
858,122 | $93,218,699 | 2019 Q3 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
RY
ROYAL BK CDA
|
Financial Services | 0.88% | 0.82% |
#49
5
Prev: #54
|
0.9 | -828 | -0.1% |
P
S
|
639,134 | $92,824,221 | 2013 Q2 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) | |||
|
IAC
IAC INC
|
Communication Services | 0.86% | 0.91% |
#50
4
Prev: #46
|
0.8 | -15,883 | -0.6% |
P
S
|
2,501,914 | $91,620,091 | 2025 Q1 | 13F Filing | 2025-09-30 | 2025-11-14 (Est.) |
Showing 1-50 of 112 holdings