Burgundy Asset Management 13F, Q1 2023
Burgundy Asset Management · quarter ending 31 March 2023 · filed 11 May 2023 · SEC CIK 1315868
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2023
The 25 largest of 104 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2022 filing.
| Company | Ticker | Value | % of book | vs Q4 2022 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $337.85M | 4.2% | -14% shares |
| ALPHABET INC-A | GOOGL | $328.12M | 4.1% | unchanged |
| SS&C TECH HLDG INC | SSNC | $259.82M | 3.2% | unchanged |
| ALLISON TRANSMISSION HLDG IN | ALSN | $239.80M | 3.0% | unchanged |
| DOLLAR TREE INC | DLTR | $230.83M | 2.9% | unchanged |
| CARRIER GLOBAL CORP | CARR | $229.07M | 2.8% | unchanged |
| INTERCONTINENTAL EXCHANGE I | ICE | $220.54M | 2.7% | unchanged |
| PRIMERICA INC | PRI | $214.88M | 2.7% | unchanged |
| ARTHUR J GALLAGHER & CO | AJG | $213.55M | 2.6% | unchanged |
| PROCTER & GAMBLE CO | PG | $196.84M | 2.4% | unchanged |
| ELECTRONIC ARTS INC | EA | $196.53M | 2.4% | unchanged |
| JOHNSON & JOHNSON | JNJ | $193.22M | 2.4% | +44% shares |
| WILLIS TOWERS WA | $182.02M | 2.3% | +11% shares | |
| NEWS CORP-CL A | NWSA | $180.82M | 2.2% | unchanged |
| AMERISOURCEBERGEN CORP | COR | $159.31M | 2.0% | +10% shares |
| PENSKE AUTO GRP INC | PAG | $158.06M | 1.9% | unchanged |
| TRUIST FINANCIAL CORP | TFC | $154.32M | 1.9% | +12% shares |
| ROSS STORES INC | ROST | $150.12M | 1.9% | +18% shares |
| MASTERCARD INC CLASS A | MA | $144.29M | 1.8% | -12% shares |
| HENRY SCHEIN INC | HSIC | $142.59M | 1.8% | unchanged |
| HOULIHAN LOKEY INC | HLI | $139.09M | 1.7% | unchanged |
| KENNAMETAL INC | KMT | $123.94M | 1.5% | unchanged |
| MONDELEZ INTL INC | MDLZ | $116.72M | 1.4% | new |
| AMERICAN HOMES 4 RENT REIT | AMH | $112.93M | 1.4% | -16% shares |
| EBAY INC | EBAY | $112.72M | 1.4% | -17% shares |
What changed since Q4 2022
Against the Q4 2022 filing, Burgundy Asset Management opened 5 new positions, added to 12, trimmed 26, left 61 unchanged and exited 7. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-23-004398, filed by Burgundy Asset Management Ltd.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.