Burgundy Asset Management
Burgundy Asset Management · SEC CIK 1315868
Canadian house, global value discipline.
This filing is 340 days old. Burgundy Asset Management keeps roughly 96% of its positions in a typical quarter, so about 85% of this book is likely still intact today.
How half-life is computedSnapshot half-life is the number of days after the period end at which half of this specific fund's reported book is expected to have changed, measured from its own past filings. It is a decay estimate, not knowledge of current positions.
Largest holdings, as filed
Top 10 of 109 positions. Weights are against the whole filed book. 13F filings cover US-listed holdings only.
| Company | Ticker | Value | % of book | Freshness |
|---|---|---|---|---|
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $460.46M | 4.3% | |
| PRIMERICA INC | PRI | $356.87M | 3.4% | |
| WILLIS TOWERS WATSON PLC LTD | $286.75M | 2.7% | n/a | |
| EMCOR GROUP INC | EME | $275.27M | 2.6% | |
| ARMSTRONG WORLD INDS INC NEW | AWI | $257.18M | 2.4% | |
| OPENLANE INC | OPLN | $245.17M | 2.3% | |
| HOULIHAN LOKEY INC | HLI | $243.01M | 2.3% | |
| ALPHABET INC | GOOGL | $238.01M | 2.3% | |
| US FOODS HLDG CORP | USFD | $230.61M | 2.2% | |
| MICROSOFT CORP | MSFT | $230.08M | 2.2% |
Freshness: how likely each position is still held today, from this fund's own turnover history, each position's tenure and the filing's age. Hover a bar for the numbers. Method.
What changed last quarter
Between Q2 2025 and Q3 2025, the largest add was USFD (shares up 35%), now $230.61M; the largest trim was EME (shares down 16%). All of it computed from the two filings, nothing inferred.
Biggest buys, Q3 2025
Exited since Q2 2025
None of the previous quarter's 40 largest positions disappeared from the latest filing.
Exit scan covers the previous quarter's 40 largest positions, a stated bound, because reading a mega fund's entire book per page render is not honest engineering.
Common questions
What are Burgundy Asset Management's biggest holdings?
As of the Q3 2025 13F, the largest reported positions at Burgundy Asset Management are SSNC (4.3% of the book), PRI (3.4% of the book), WILLIS TOWERS WATSON PLC LTD (2.7% of the book).
How big is Burgundy Asset Management's portfolio?
The latest 13F reports $10.60B across 109 US-listed positions. 13F filings cover US-listed holdings only, so non-US positions and shorts are not included.
Does Burgundy Asset Management still hold these positions?
Unknown for certain: a 13F may be filed up to 45 days after quarter end. Based on Burgundy Asset Management's own filing history, the fund keeps roughly 96% of positions in a typical quarter, so at 340 days since the period end roughly 85% of this book is likely intact. The snapshot half-life for this fund is about 1449 days.
What did Burgundy Asset Management buy and sell last quarter?
Between Q2 2025 and Q3 2025, the largest add was USFD (shares up 35%), now $230.61M; the largest trim was EME (shares down 16%). All of it computed from the two filings, nothing inferred.
Funds with overlapping books
Inside the app: the full book for Burgundy Asset Management, quarter on quarter buys and sells, consensus across 140+ funds and copy-to-watchlist.
Source: SEC EDGAR 13F filings. Values are as filed and cover US-listed positions only. A 13F may be filed up to 45 days after the quarter ends, so positions can change before the filing is even public; the freshness figures above quantify that lag instead of hiding it. Educational information, not financial advice.