Latest Burgundy Asset Management Ltd. Stock Portfolio

$9.48Billion– No. of Holdings #103

Burgundy Asset Management Ltd. Performance:

2024 Q2: -1.16%YTD: 6.2%2023: 18.69%

Performance for 2024 Q2 is -1.16%, and YTD is 6.2%, and 2023 is 18.69%.

About Burgundy Asset Management Ltd. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Burgundy Asset Management Ltd. reported an equity portfolio of $9.5 Billions as of 30 Jun, 2024.

The top stock holdings of Burgundy Asset Management Ltd. are MSFT, GOOG, SSNC. The fund has invested 3.7% of it's portfolio in MICROSOFT CORP and 3.7% of portfolio in ALPHABET INC.

The fund managers got completely rid off MAGNITE INC (MGNI), LABORATORY CORP AMER HLDGS (LH) and QUIDELORTHO CORP (QDEL) stocks. They significantly reduced their stock positions in MARRIOTT VACATIONS WORLDWIDE (VAC), EMCOR GROUP INC (EME) and EBAY INC. (EBAY). Burgundy Asset Management Ltd. opened new stock positions in DOUBLEVERIFY HLDGS INC (DV), LABCORP HOLDINGS INC and HEARTLAND EXPRESS INC (HTLD). The fund showed a lot of confidence in some stocks as they added substantially to EVERI HLDGS INC (EVRI), ATS CORPORATION and MARKETAXESS HLDGS INC (MKTX).

Burgundy Asset Management Ltd. Equity Portfolio Value

Last Reported on: 12 Aug, 2024

Burgundy Asset Management Ltd. Annual Return Estimates Vs S&P 500

Our best estimate is that Burgundy Asset Management Ltd. made a return of -1.16% in the last quarter. In trailing 12 months, it's portfolio return was 12.65%.

New Buys

Ticker	$ Bought
doubleverify hldgs inc	54,099,100
labcorp holdings inc	17,430,200
heartland express inc	5,583,520
pegasystems inc	3,564,980
solventum corp	594,900
full truck alliance co ltd	283,852
thomson reuters corp.	268,402

New stocks bought by Burgundy Asset Management Ltd.

Additions

Ticker	% Inc.
everi hldgs inc	1,230
ats corporation	196
marketaxess hldgs inc	120
wyndham hotels & resorts inc	70.85
3m co	57.93
yum china hldgs inc	46.5
cable one inc	42.42
atour lifestyle hldgs ltd	41.62

Additions to existing portfolio by Burgundy Asset Management Ltd.

Reductions

Ticker	% Reduced
marriott vacations worldwide	-76.17
emcor group inc	-32.99
ebay inc.	-25.8
truist finl corp	-25.7
tc energy corp	-22.32
houlihan lokey inc	-20.27
canadian nat res ltd	-15.8
alphabet inc	-10.95

Burgundy Asset Management Ltd. reduced stake in above stock

Sold off

Ticker	$ Sold
magnite inc	-26,413,100
quidelortho corp	-11,206,700
laboratory corp amer hldgs	-18,587,900
suncor energy inc new	-1,293,950
bridge invt group hldgs inc	-165,366

Burgundy Asset Management Ltd. got rid off the above stocks

Sector Distribution

Burgundy Asset Management Ltd. has about 18.6% of it's holdings in Financial Services sector.

Sector	%
Financial Services	18.6
Consumer Cyclical	18
Others	12.8
Industrials	12.5
Communication Services	11
Technology	10.2
Consumer Defensive	8.6
Healthcare	5
Real Estate	2.2
Basic Materials	1.1

Market Cap. Distribution

Burgundy Asset Management Ltd. has about 55.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	38.8
MID-CAP	29.7
MEGA-CAP	16.3
UNALLOCATED	10.7
SMALL-CAP	4.5

Stocks belong to which Index?

About 56% of the stocks held by Burgundy Asset Management Ltd. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	44.6
Others	44
RUSSELL 2000	11.4

Top 5 Winners (%)		%
GMED	globus med inc	27.3 %
GOOG	alphabet inc	20.0 %
NYT	new york times co	16.4 %
JEF	jefferies finl group inc	12.8 %
ORCL	oracle corp	12.3 %

Top 5 Winners ($)		$
GOOG	alphabet inc	64.5 M
GMED	globus med inc	37.0 M
MSFT	microsoft corp	20.8 M
CARR	carrier global corporation	18.7 M
AMZN	amazon com inc	11.9 M

Top 5 Losers (%)		%
CRL	charles riv labs intl inc	-23.8 %
YUMC	yum china hldgs inc	-20.6 %
SKY	skyline champion corporation	-20.0 %
DLTR	dollar tree inc	-19.8 %
SSD	simpson mfg inc	-17.7 %

Top 5 Losers ($)		$
DLTR	dollar tree inc	-48.7 M
SSD	simpson mfg inc	-21.9 M
ALSN	allison transmission hldgs i	-20.8 M
PRI	primerica inc	-19.8 M
HSIC	henry schein inc	-18.6 M

Burgundy Asset Management Ltd. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Burgundy Asset Management Ltd.

Burgundy Asset Management Ltd. has 103 stocks in it's portfolio. About 29.2% of the portfolio is in top 10 stocks. DLTR proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Burgundy Asset Management Ltd. last quarter.

Last Reported on: 12 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABC	cencora inc	2.11	888,423	200,162,000	reduced	-0.68

AJG	gallagher arthur j & co	1.54	564,651	146,420,000	added	1.46

ALSN	allison transmission hldgs i	3.00	3,752,310	284,800,000	reduced	-4.54

AMH	american homes 4 rent	1.45	3,691,640	137,181,000	added	1.47

AMZN	amazon com inc	1.88	923,571	178,480,000	reduced	-0.83

ATAT	atour lifestyle hldgs ltd	0.12	613,718	11,261,700	added	41.62

AWI	armstrong world inds inc new	1.38	1,151,440	130,389,000	added	1.51

AZO	autozone inc	0.66	21,221	62,901,200	reduced	-0.87

BA	boeing co	0.10	50,000	9,100,500	unchanged	0.00

BABA	alibaba group hldg ltd	0.02	21,621	1,556,710	added	25.61

BRDG	bridge invt group hldgs inc	0.00	0.00	0.00	sold off	-100

CABO	cable one inc	1.08	290,662	102,894,000	added	42.42

CARR	carrier global corporation	2.49	3,740,510	235,951,000	reduced	-1.2

CBZ	cbiz inc	1.74	2,220,010	164,503,000	added	1.84

CDW	cdw corp	0.00	1,892	423,505	unchanged	0.00

CME	cme group inc	1.42	684,245	134,523,000	added	0.56

CPRT	copart inc	0.40	702,109	38,026,200	added	0.88

CRL	charles riv labs intl inc	0.00	1,073	221,660	unchanged	0.00

CW	curtiss wright corp	0.01	2,387	646,829	unchanged	0.00

DLTR	dollar tree inc	2.07	1,841,980	196,668,000	reduced	-0.51