BURGUNDY ASSET MANAGEMENT LTD.

PrivateCIK: 1315868

109

Positions

$10.60B

Total AUM (reported)

139.70M

Total Shares

Allocation by class

COM$7.65B72.1%

CL A$1.36B12.9%

SHS$489.48M4.6%

CL B$289.06M2.7%

CAP STK CL A$238.01M2.2%

COM NEW$233.92M2.2%

CL A SUB VTG$77.56M0.7%

Portfolio Concentration

Top 3$1.10B10.4%

4–10$1.72B16.2%

11–25$2.83B26.7%

Rest$4.95B46.7%

Top 3 weight

10.4%

Top 10 weight

26.6%

Voting Authority Distribution

Total shares with voting rights: 139.70M

Sole

Full voting authority

117.38M

% of voting shares84.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

22.32M

% of voting shares16.0%

Investment Discretion (by position count)

Sole109

Shared0

Other0

Dominant voting typeSole · 84.0% of voting shares

Institutional Holdings109

Rows:

SS&C TECHNOLOGIES HLDGS INC

SOLE

COM

Shares5.19M

TypeSH

Market value$460.46M

4.34%

Sole

4.08M

Shared

0.00

None

1.11M

PRIMERICA INC

SOLE

COM

Shares1.32M

TypeSH

Market value$356.87M

3.37%

Sole

984.18K

Shared

0.00

None

340.79K

WILLIS TOWERS WATSON PLC LTD

SOLE

SHS

Shares877.48K

TypeSH

Market value$286.75M

2.71%

Sole

850.16K

Shared

0.00

None

27.32K

EMCOR GROUP INC

SOLE

COM

Shares443.98K

TypeSH

Market value$275.27M

2.60%

Sole

328.68K

Shared

0.00

None

115.30K

ARMSTRONG WORLD INDS INC NEW

SOLE

COM

Shares1.31M

TypeSH

Market value$257.18M

2.43%

Sole

982.67K

Shared

0.00

None

331.01K

OPENLANE INC

SOLE

COM

Shares8.48M

TypeSH

Market value$245.17M

2.31%

Sole

6.24M

Shared

0.00

None

2.23M

HOULIHAN LOKEY INC

SOLE

CL A

Shares1.22M

TypeSH

Market value$243.01M

2.29%

Sole

901.63K

Shared

0.00

None

317.99K

ALPHABET INC

SOLE

CAP STK CL A

Shares1.12M

TypeSH

Market value$238.01M

2.25%

Sole

1.08M

Shared

0.00

None

34.55K

US FOODS HLDG CORP

SOLE

COM

Shares2.97M

TypeSH

Market value$230.61M

2.18%

Sole

2.88M

Shared

0.00

None

94.78K

MICROSOFT CORP

SOLE

COM

Shares454.09K

TypeSH

Market value$230.08M

2.17%

Sole

439.57K

Shared

0.00

None

14.51K

GENTEX CORP

SOLE

COM

Shares7.92M

TypeSH

Market value$221.95M

2.09%

Sole

5.85M

Shared

0.00

None

2.08M

INTERCONTINENTAL EXCHANGE IN

SOLE

COM

Shares1.24M

TypeSH

Market value$219.67M

2.07%

Sole

1.20M

Shared

0.00

None

39.29K

WYNDHAM HOTELS & RESORTS INC

SOLE

COM

Shares2.45M

TypeSH

Market value$212.57M

2.01%

Sole

1.78M

Shared

0.00

None

673.50K

GLOBUS MED INC

SOLE

CL A

Shares3.46M

TypeSH

Market value$212.05M

2.00%

Sole

2.57M

Shared

0.00

None

893.65K

MEDTRONIC PLC

SOLE

SHS

Shares2.18M

TypeSH

Market value$202.73M

1.91%

Sole

2.11M

Shared

0.00

None

69.89K

JOHNSON & JOHNSON

SOLE

COM

Shares1.14M

TypeSH

Market value$201.43M

1.90%

Sole

1.10M

Shared

0.00

None

34.55K

GRAND CANYON ED INC

SOLE

COM

Shares977.40K

TypeSH

Market value$197.01M

1.86%

Sole

704.82K

Shared

0.00

None

272.57K

ALLISON TRANSMISSION HLDGS I

SOLE

COM

Shares2.21M

TypeSH

Market value$193.04M

1.82%

Sole

1.95M

Shared

0.00

None

259.22K

MONDELEZ INTL INC

SOLE

CL A

Shares2.90M

TypeSH

Market value$178.11M

1.68%

Sole

2.81M

Shared

0.00

None

90.91K

CENCORA INC

SOLE

COM

Shares599.75K

TypeSH

Market value$174.89M

1.65%

Sole

580.76K

Shared

0.00

None

18.99K

ROSS STORES INC

SOLE

COM

Shares1.17M

TypeSH

Market value$172.24M

1.62%

Sole

1.13M

Shared

0.00

None

37.11K

ELECTRONIC ARTS INC

SOLE

COM

Shares973.37K

TypeSH

Market value$167.37M

1.58%

Sole

942.13K

Shared

0.00

None

31.25K

PENSKE AUTOMOTIVE GRP INC

SOLE

COM

Shares885.86K

TypeSH

Market value$163.36M

1.54%

Sole

656.05K

Shared

0.00

None

229.81K

NEWS CORP NEW

SOLE

CL A

Shares5.45M

TypeSH

Market value$160.43M

1.51%

Sole

5.28M

Shared

0.00

None

174.16K

CME GROUP INC

SOLE

COM

Shares575.34K

TypeSH

Market value$153.33M

1.45%

Sole

557.17K

Shared

0.00

None

18.17K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SS&C TECHNOLOGIES HLDGS INCSOLE	COM	5.19M	SH	$460.46M 4.34%	4.08M	1.11M
PRIMERICA INCSOLE	COM	1.32M	SH	$356.87M 3.37%	984.18K	340.79K
WILLIS TOWERS WATSON PLC LTDSOLE	SHS	877.48K	SH	$286.75M 2.71%	850.16K	27.32K
EMCOR GROUP INCSOLE	COM	443.98K	SH	$275.27M 2.60%	328.68K	115.30K
ARMSTRONG WORLD INDS INC NEWSOLE	COM	1.31M	SH	$257.18M 2.43%	982.67K	331.01K
OPENLANE INCSOLE	COM	8.48M	SH	$245.17M 2.31%	6.24M	2.23M
HOULIHAN LOKEY INCSOLE	CL A	1.22M	SH	$243.01M 2.29%	901.63K	317.99K
ALPHABET INCSOLE	CAP STK CL A	1.12M	SH	$238.01M 2.25%	1.08M	34.55K
US FOODS HLDG CORPSOLE	COM	2.97M	SH	$230.61M 2.18%	2.88M	94.78K
MICROSOFT CORPSOLE	COM	454.09K	SH	$230.08M 2.17%	439.57K	14.51K
GENTEX CORPSOLE	COM	7.92M	SH	$221.95M 2.09%	5.85M	2.08M
INTERCONTINENTAL EXCHANGE INSOLE	COM	1.24M	SH	$219.67M 2.07%	1.20M	39.29K
WYNDHAM HOTELS & RESORTS INCSOLE	COM	2.45M	SH	$212.57M 2.01%	1.78M	673.50K
GLOBUS MED INCSOLE	CL A	3.46M	SH	$212.05M 2.00%	2.57M	893.65K
MEDTRONIC PLCSOLE	SHS	2.18M	SH	$202.73M 1.91%	2.11M	69.89K
JOHNSON & JOHNSONSOLE	COM	1.14M	SH	$201.43M 1.90%	1.10M	34.55K
GRAND CANYON ED INCSOLE	COM	977.40K	SH	$197.01M 1.86%	704.82K	272.57K
ALLISON TRANSMISSION HLDGS ISOLE	COM	2.21M	SH	$193.04M 1.82%	1.95M	259.22K
MONDELEZ INTL INCSOLE	CL A	2.90M	SH	$178.11M 1.68%	2.81M	90.91K
CENCORA INCSOLE	COM	599.75K	SH	$174.89M 1.65%	580.76K	18.99K
ROSS STORES INCSOLE	COM	1.17M	SH	$172.24M 1.62%	1.13M	37.11K
ELECTRONIC ARTS INCSOLE	COM	973.37K	SH	$167.37M 1.58%	942.13K	31.25K
PENSKE AUTOMOTIVE GRP INCSOLE	COM	885.86K	SH	$163.36M 1.54%	656.05K	229.81K
NEWS CORP NEWSOLE	CL A	5.45M	SH	$160.43M 1.51%	5.28M	174.16K
CME GROUP INCSOLE	COM	575.34K	SH	$153.33M 1.45%	557.17K	18.17K

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