13F-HR 1 d13fhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2007 Check here if Amendment [ ]; Amendment Number: ______ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Burgundy Asset Management Ltd Address: 181 Bay Street, Suite 4510 Bay Wellington Tower, BCE Place Toronto, Ontario M5J 2T3 Form 13F File Number: 28-11129 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: James Meadows Title: Vice President Phone: (416) 868-3570 Signature, Place, and Date of Signing: /s/ James Meadows Toronto, Ontario Canada August 10, 2007 ------------------------ ------------------------ ------------------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [ If there are no entries in this list, omit this section.] Form 13F File Number Name 28-_________________ ________________________________ [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: NONE Form 13F Information Table Entry Total: 86 Form 13F Information Table Value Total: 2,540,881 ---------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE Security Listing by Country Report - June 30, 2007

Market Value Investment Other Voting Name of Issuer Title of Class Cusip (x$1000) Total Shares Decision Managers Authority -------------- -------------- ----------- ----------------- ------------ ---------- -------- --------- 3M Co. COM 88579Y101 48300 556518 SH SOLE 556518 Abercrombie & Fitch Co. COM 002896 20 7 18446 252755 SH SOLE 252755 Aflac Inc. COM 00105510 2 40169 781500 SH SOLE 781500 Altria Group Inc. COM 02209S103 54082 771064 SH SOLE 771064 Apollo Group Inc. CL A 037604 10 5 33289 569731 SH SOLE 569731 Ares Capital Corp. COM 04010L103 24852 1474867 SH SOLE 1474867 Arthur J. Gallagher & Co. COM 363576 10 9 35212 1262967 SH SOLE 1262967 AutoNation Inc. COM 05329W102 5682 253200 SH SOLE 253200 Belo Corp. CL A 080555 10 5 3331 161800 SH SOLE 161800 Berkshire Hathaway Inc. CL A 084670 10 8 53095 485 SH SOLE 485 Berkshire Hathaway Inc. CL B 084670 20 7 977 271 SH SOLE 271 BioScrip Inc. COM 09069N108 8645 1800972 SH SOLE 1800972 Brown & Brown Inc. COM 115236 10 1 29859 1187700 SH SOLE 1187700 Cavco Industries Inc. COM 149568 10 7 4563 121612 SH SOLE 121612 Copart, Inc. COM 217204 10 6 24643 805600 SH SOLE 805600 Dell Inc. COM 24702R101 96300 3373045 SH SOLE 3373045 Dollar Financial Corp. COM 256664 10 3 44921 1576167 SH SOLE 1576167 Dow Jones & Co., Inc. COM 260561 10 5 287 5000 SH SOLE 5000 DTS Inc. COM 23335C101 27736 1274036 SH SOLE 1274036 E.W. Scripps Co. CL A 811054 20 4 28589 625724 SH SOLE 625724 Entravision Communications Corp. CL A 29382R107 15155 1453051 SH SOLE 1453051 Equifax Inc. COM 294429 10 5 53416 1202529 SH SOLE 1202529 Expedia Inc. COM 30212P10 5 10284 351100 SH SOLE 351100 Federated Investors Inc. CL B 314211 10 3 7045 183800 SH SOLE 183800 FedEX Corp. COM 31428X106 99085 892900 SH SOLE 892900 Fidelity National Information Services Inc. COM 31620M106 2929 53965 SH SOLE 53965 First American Corp. COM 318522 30 7 4445 89800 SH SOLE 89800 Fossil Inc. COM 349882 10 0 22345 757699 SH SOLE 757699 Getty Images Inc. COM 374276 10 3 3418 71500 SH SOLE 71500 Gladstone Investment Corp. COM 376546 10 7 16898 1189130 SH SOLE 1189130 Greenfield Online Inc. COM 395150 10 5 31030 1950370 SH SOLE 1950370 H&R Block Inc. COM 093671 10 5 4239 181400 SH SOLE 181400 HCC Insurance Holdings Inc. COM 404132 10 2 43776 1310274 SH SOLE 1310274 Hercules Offshore Inc. COM 42709310 9 21011 648900 SH SOLE 648900 Hilb Rogal & Hobbs Company COM 43129410 7 33676 785719 SH SOLE 785719 Hudson City Bancorp Inc. COM 443683 10 7 32597 2667500 SH SOLE 2667500 infoUSA Inc. COM 456818 30 1 30755 3009268 SH SOLE 3009268 Interactive Data Corp. COM 45840J107 55045 2055462 SH SOLE 2055462 International Speedway Corp. CL A 460335 20 1 29609 561726 SH SOLE 561726 IVCI CORP CL B 45070410 1 0 10000 SH SOLE 10000 Johnson & Johnson COM 47816010 4 117812 1911915 SH SOLE 1911915 Jupitermedia Corp. COM 48207D101 25679 3527375 SH SOLE 3527375 Kayne Anderson Energy Development Co. COM 48660Q102 18936 752024 SH SOLE 752024 KKR Financial Corp. COM 48248A306 3176 127500 SH SOLE 127500 Kohlberg Capital Corp. COM 500233 10 1 10073 543000 SH SOLE 543000 Kraft Foods Inc. COM 50075N104 18572 526864 SH SOLE 526864 Laboratory Corporation of America Holdings COM 50540R409 7051 90100 SH SOLE 90100 LECG Corp. COM 523234 10 2 19245 1273690 SH SOLE 1273690 M&T Bank Corp. COM 55261F104 877 8200 SH SOLE 8200 McDonald's Corp. COM 580135 10 1 58607 1154583 SH SOLE 1154583 Merck & Co., Inc. COM 589331 10 7 3113 62500 SH SOLE 62500 Merit Medical Systems Inc. COM 589889 10 4 15334 1282134 SH SOLE 1282134 Microsoft Corp. COM 594918 10 4 108122 3668867 SH SOLE 3668867 NAVTEQ Corp. COM 63936L100 14513 342770 SH SOLE 342770 NGP Capital Resources Co. COM 62912R107 19358 1157773 SH SOLE 1157773 Nike, Inc. CL B 654106 103 48774 836746 SH SOLE 836746 NU Skin Enterprises Inc. CL A 67018T105 16825 1019712 SH SOLE 1019712 Nutraceutical International Corp. COM 67060Y101 17759 1071743 SH SOLE 1071743 Omnicom Group Inc. COM 681919 10 6 22359 422500 SH SOLE 422500 Patterson-UTI Energy, Inc. COM 703481 10 1 6416 244800 SH SOLE 244800 Pfizer Inc. COM 717081 10 3 511 20000 SH SOLE 20000 Priceline.com Inc. COM 741503 40 3 38254 556503 SH SOLE 556503 Procter & Gamble Co. COM 742718 10 9 31087 508037 SH SOLE 508037 Quest Diagnostics Inc. COM 74834L100 41370 800959 SH SOLE 800959 Radio One Inc. CL D 75040P405 36974 5237047 SH SOLE 5237047 RC2 Corp. COM 749388 10 4 44123 1102809 SH SOLE 1102809 Rent-A-Center Inc. COM 76009N100 4044 154175 SH SOLE 154175 RLI Corp. COM 749607 10 7 24081 430399 SH SOLE 430399 School Specialty Inc. COM 807863 10 5 35234 994195 SH SOLE 994195 Sherwin-Williams Co. COM 824348 10 6 23344 351190 SH SOLE 351190 Speedway Motorsports Inc. COM 847788 10 6 26075 652189 SH SOLE 652189 State Street Corp. COM 857477 10 3 22798 333300 SH SOLE 333300 Steven Madden Ltd. COM 556269 10 8 28824 879853 SH SOLE 879853 Stratasys Inc. COM 862685 10 4 21611 460005 SH SOLE 460005 Tempur-Pedic International Inc. COM 88023U101 58070 2242085 SH SOLE 2242085 Tim Hortons Inc. COM 88706M103 71484 2324690 SH SOLE 2324690 United Auto Group Inc. COM 909440 10 9 25255 1186254 SH SOLE 1186254 United Technologies Corporation COM 913017 10 9 53950 760614 SH SOLE 760614 US Gold Corp. COM 912023 20 7 55 10000 SH SOLE 10000 VF Corp. COM 918204 10 8 4973 54300 SH SOLE 54300 W.W. Grainger Inc. COM 384802 10 4 4299 46200 SH SOLE 46200 Wachovia Corp. COM 929903 10 2 42507 829413 SH SOLE 829413 Wal-Mart Stores Inc. COM 931142 10 3 99710 2072548 SH SOLE 2072548 Walt Disney Co. COM 254687 10 6 39281 1150600 SH SOLE 1150600 Wells Fargo & Co. COM 949746 10 1 46746 1329145 SH SOLE 1329145 Wyeth COM 983024 10 0 63882 1114093 SH SOLE 1114093 Total $2,540,880,587.70 Count 86