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Institutional Investment Manager
Burgundy Asset Management Ltd.
Burgundy Asset Management Ltd. (CIK: 0001315868), located at 181 Bay St., Toronto. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Original 13F HR (0000950123-14-005432) filed in 2014.05.12
#
Name
Shares
Value ($)
%
Options
Notes
1 RITCHIE BROS AUCTIONEERS 9,857,075 237,851 2.90%
2 CISCO SYS INC 8,784,700 196,715 2.40%
3 POTASH CORP SASK INC 7,356,949 266,137 3.24%
4 CENOVUS ENERGY INC 7,318,525 211,652 2.58%
5 SHAW COMMUNICATIONS INC 6,563,404 156,744 1.91%
6 WESTERN UN CO 5,984,774 97,911 1.19%
7 LEUCADIA NATL CORP 5,835,626 163,398 1.99%
8 BB&T CORP 5,821,705 233,095 2.84%
9 ORACLE CORP 5,658,881 229,166 2.79%
10 THOMSON REUTERS CORP 5,633,538 192,582 2.35%
11 CANADIAN NAT RES LTD 5,561,696 213,168 2.60%
12 CBIZ INC 4,932,639 45,183 0.55%
13 HILLTOP HOLDINGS INC 4,644,735 110,498 1.35%
14 TORONTO DOMINION BK ONT 4,090,872 191,802 2.34%
15 ARES CAPITAL CORP 3,918,859 69,050 0.84%
16 AMERICAN HOMES 4 RENT CL A 3,534,074 59,054 0.72%
17 BANK N S HALIFAX 3,302,078 191,261 2.33%
18 GENTEX CORP 3,096,013 97,617 1.19%
19 EQUIFAX INC 2,994,932 203,745 2.48%
20 FXCM INC-A 2,975,463 43,948 0.54%
21 ROYAL BK CDA MONTREAL QUE 2,973,822 196,083 2.39%
22 PHILIP MORRIS INTL INC 2,852,560 232,815 2.84%
23 CANADIAN NATL RY CO 2,828,160 158,899 1.94%
24 MICROSOFT CORP 2,809,739 115,171 1.40%
25 JOHNSON & JOHNSON 2,793,896 273,875 3.34%
26 COASTAL CONTACTS INC CMN 2,400,803 26,930 0.33%
27 LORILLARD 2,277,541 123,169 1.50%
28 DEVRY EDUCATION 2,273,577 96,377 1.17%
29 ROGERS COMMUNICATIONS INC 2,271,594 94,134 1.15%
30 OCCIDENTAL PETE CORP DEL 2,223,720 212,078 2.58%
31 PENSKE AUTOMOTIVE GRP INC 2,169,150 92,753 1.13%
32 BOOZ ALLEN HAMILTON HLDG COR 2,157,179 47,458 0.58%
33 IMPERIAL OIL LTD 2,060,291 95,945 1.17%
34 AMERISOURCEBERGEN CORP 2,048,285 134,347 1.64%
35 PEPSICO INC 1,980,859 165,026 2.01%
36 PRIMERICA INC 1,925,374 90,704 1.11%
37 BAXTER INTL INC 1,909,307 140,052 1.71%
38 NORTHERN TRUST 1,852,028 121,419 1.48%
39 MSCI INC 1,704,874 73,344 0.89%
40 UNITED TECHNOLOGIES CORP 1,698,026 197,346 2.40%
41 BROWN & BROWN INC 1,682,301 51,748 0.63%
42 QUALCOMM INC 1,616,479 127,476 1.55%
43 FEDERATED HERMES INC CL B 1,611,756 49,223 0.60%
44 MARKETAXESS HLDGS INC 1,567,675 92,838 1.13%
45 GALLAGHER ARTHUR J & CO 1,540,512 73,298 0.89%
46 EMERSON ELEC CO 1,539,367 102,830 1.25%
47 HCC INSURANCE HOLDINGS INC 1,484,849 67,546 0.82%
48 Walgreens 1,288,620 85,088 1.04%
49 TRONOX LTD SHS CL A 1,282,778 30,492 0.37%
50 UNION PAC CORP 1,112,152 207,570 2.53%
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