Burgundy Asset Management 13F, Q3 2023
Burgundy Asset Management · quarter ending 30 September 2023 · filed 9 November 2023 · SEC CIK 1315868
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 101 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| ALPHABET INC | GOOGL | $325.47M | 4.0% | -17% shares |
| MICROSOFT CORP | MSFT | $308.90M | 3.8% | -3% shares |
| ALLISON TRANSMISSION HLDGS I | ALSN | $271.95M | 3.3% | -9% shares |
| SS&C TECHNOLOGIES HLDGS INC | SSNC | $242.46M | 3.0% | unchanged |
| PRIMERICA INC | PRI | $235.49M | 2.9% | -6% shares |
| GALLAGHER ARTHUR J & CO | AJG | $234.57M | 2.9% | -10% shares |
| WILLIS TOWERS WATSON PLC LTD | $221.02M | 2.7% | +34% shares | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $214.45M | 2.6% | -3% shares |
| CARRIER GLOBAL CORPORATION | CARR | $213.47M | 2.6% | -19% shares |
| NEWS CORP NEW | NWSA | $186.45M | 2.3% | -6% shares |
| ELECTRONIC ARTS INC | EA | $181.44M | 2.2% | -3% shares |
| HOULIHAN LOKEY INC | HLI | $178.68M | 2.2% | +2% shares |
| DOLLAR TREE INC | DLTR | $176.53M | 2.2% | +8% shares |
| ROSS STORES INC | ROST | $170.97M | 2.1% | -3% shares |
| MONDELEZ INTL INC | MDLZ | $168.66M | 2.1% | +53% shares |
| JOHNSON & JOHNSON | JNJ | $164.92M | 2.0% | -11% shares |
| CENCORA INC | COR | $164.18M | 2.0% | -3% shares |
| PROCTER AND GAMBLE CO | PG | $145.75M | 1.8% | -20% shares |
| MASTERCARD INCORPORATED | MA | $144.37M | 1.8% | -3% shares |
| EMCOR GROUP INC | EME | $137.73M | 1.7% | unchanged |
| OPENLANE INC | OPLN | $126.14M | 1.6% | +2% shares |
| AMERICAN HOMES 4 RENT | AMH | $125.22M | 1.5% | unchanged |
| GENTEX CORP | GNTX | $125.06M | 1.5% | +3% shares |
| HENRY SCHEIN INC | HSIC | $123.00M | 1.5% | unchanged |
| PENSKE AUTOMOTIVE GRP INC | PAG | $121.69M | 1.5% | -29% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Burgundy Asset Management opened 3 new positions, added to 28, trimmed 34, left 36 unchanged and exited 8. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Exited
- PREMIER INCwas $93.27M
- NUVASIVE INCwas $33.16M
- METAwas $21.93M
- CHGGwas $15.68M
- ARGO GROUP INTL HLDGS LTDwas $3.88M
- WHEELER REAL ESTATE INVT TRwas $508.0K
- EXPwas $379.0K
- IARTwas $214.0K
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-23-009829, 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.