13F-HR 1 f13f_burg80215.txt HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2005 -------------- 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: Toronto, Ontario Canada May 6, 2005 --------------- ----------------------- ----------- [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 reportingmanager(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: 82 Form 13F Information Table Value Total: 1,794,280 ---------------- (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 - MARCH 31, 2005

Market Name of Issuer Title of Class Cusip Value Total Investment Other Voting (X$1000) Shares Discretion Managers Authority Abercrombie & Fitch Co. CL A 002896 20 7 37405 653480 SH SOLE 653480 Ace Cash Express Inc. COM 004403 10 1 17656 776100 SH SOLE 776100 Affiliated Computer Services Inc. CL A 008190 10 0 52616 988280 SH SOLE 988280 Altria Group Inc. COM 02209S103 54185 828649 SH SOLE 828649 Apria Healthcare Group Inc. COM 037933 10 8 23989 747330 SH SOLE 747330 AutoNation Inc. COM 05329W102 55 2880 SH SOLE 2880 Belo Corp COM SER A 080555 10 5 44 1835 SH SOLE 1835 Berkshire Hathaway Inc. CL A 084670 10 8 34104 392 SH SOLE 392 Berkshire Hathaway Inc. CL B 084670 20 7 837 293 SH SOLE 293 BioScrip Inc. COM 09069N108 12526 2077220 SH SOLE 2077220 Boston Scientific Corp. COM 101137 10 7 16663 568900 SH SOLE 568900 Briggs & Stratton Corporation COM 109043 10 9 24415 670550 SH SOLE 670550 CEC Entertainment Inc. COM 125137 10 9 16146 441150 SH SOLE 441150 Cardinal Health Inc. COM 14149Y108 69912 1252910 SH SOLE 1252910 Chattem Inc. COM 162456 10 7 22678 509970 SH SOLE 509970 CINTAS CORP COM 172908 10 5 198 4800 SH SOLE 4800 COMCAST CORP CL A SPL 20030N200 0 2 SH SOLE 2 Corinthian Colleges Inc. COM 218868 10 7 25298 1609260 SH SOLE 1609260 Dentsply International Inc. COM 249030 10 7 25799 474164 SH SOLE 474164 Digital Theater Systems Inc. COM 25389G102 26202 1446852 SH SOLE 1446852 Dollar Financial Corp. COM 256664 10 3 3813 321000 SH SOLE 321000 E*Trade Financial Corp. COM 269246 10 4 31 2590 SH SOLE 2590 Federated Investors Inc. CL B 314211 10 3 48 1700 SH SOLE 1700 Fidelity National Financial, Inc. COM 316326 10 7 38 1140 SH SOLE 1140 First Data Corporation COM 319963 10 4 41169 1047292 SH SOLE 1047292 Furniture Brands International Inc. COM 360921 10 0 26158 1199370 SH SOLE 1199370 Arthur J. Gallagher & Co. COM 363576 10 9 7052 244870 SH SOLE 244870 Gannett Co., Inc. COM 364730 10 1 24643 311625 SH SOLE 311625 Global Imaging Systems, Inc. COM 37934A100 36287 1023330 SH SOLE 1023330 Golden West Financial Corporation COM 381317 10 6 48793 806500 SH SOLE 806500 Gray Television Inc. COM 389375 10 6 8417 581710 SH SOLE 581710 Guidant Corporation COM 401698 10 5 30610 414204 SH SOLE 414204 HCC Insurance Holdings Inc. COM 404132 10 2 32477 898150 SH SOLE 898150 Hilb Rogal & Hobbs Company COM 431294 10 7 35521 992200 SH SOLE 992200 Home Depot Inc. COM 437076 10 2 38127 997044 SH SOLE 997044 IVCI Corp. CL B 450704 10 1 0 10000 SH SOLE 10000 infoUSA Inc. COM 456818 30 1 28109 2674524 SH SOLE 2674524 Interactive Data Corporation COM 45840J107 45407 2188300 SH SOLE 2188300 International Speedway Corporation CL A 460335 20 1 11916 219654 SH SOLE 219654 Interpublic Group of Cos Inc. COM 460690 10 0 43236 3520870 SH SOLE 3520870 Jackson Hewitt Tax Service Inc. COM 468202 10 6 19568 935380 SH SOLE 935380 Johnson & Johnson COM 478160 10 4 49166 732066 SH SOLE 732066 K-Swiss Inc. CL A 482686 10 2 32545 985324 SH SOLE 985324 KRAFT FOODS INC. CL A 50075N104 33 1000 SH SOLE 1000 Laboratory Corporation of America Holdings COM NEW 50540R409 49 1015 SH SOLE 1015 Liberty Media Corporation COM SER A 530718 10 5 38192 3682963 SH SOLE 3682963 Liz Claiborne, Inc. COM 539320 10 1 29 730 SH SOLE 730 M&T Bank Corporation COM 55261F104 33255 325834 SH SOLE 325834 Macrovision Corporation COM 555904 10 1 17566 770785 SH SOLE 770785 Marsh & McLennan Companies Inc. COM 571748 10 2 83156 2733610 SH SOLE 2733610 McDonald's Corporation COM 580135 10 1 27159 872150 SH SOLE 872150 Medtronic Inc. COM 585055 10 6 372 7300 SH SOLE 7300 Merck & Co., Inc. COM 589331 10 7 2143 66200 SH SOLE 66200 MERIT MEDICAL SYSTEMS INC COM 589889 10 4 18624 1553300 SH SOLE 1553300 NBTY Inc. COM 628782 10 4 34353 1369175 SH SOLE 1369175 Nokia Corp., ADR SPONSORED ADR 654902 20 4 5496 356200 SH SOLE 356200 NU Skin Enterprises Inc. CL A 67018T105 22599 1003960 SH SOLE 1003960 Nutraceutical International Corporation COM 67060Y101 16637 1048990 SH SOLE 1048990 OmniVision Technologies Inc. COM 682128 10 3 22133 1460905 SH SOLE 1460905 Paychex Inc. COM 704326 10 7 128 3902 SH SOLE 3902 Pfizer Inc. COM 717081 10 3 71413 2718427 SH SOLE 2718427 Price T. Rowe Group COM 74144T108 56 950 SH SOLE 950 Priority Healthcare Corporation CL B 74264T102 17995 831930 SH SOLE 831930 Quest Diagnostics Incorporated COM 74834L100 27066 257450 SH SOLE 257450 RC2 Corporation COM 749388 10 4 45096 1326360 SH SOLE 1326360 RLI Corp. COM 749607 10 7 17111 412805 SH SOLE 412805 Renal Care Group Inc. COM 759930 10 0 26529 699230 SH SOLE 699230 Rent-A-Center Inc. COM 76009N100 33 1220 SH SOLE 1220 Rewards Network Inc. COM 761557 10 7 9593 2305900 SH SOLE 2305900 Safenet Inc. COM 78645R107 22047 752200 SH SOLE 752200 School Specialty Inc. COM 807863 10 5 20693 528433 SH SOLE 528433 E.W. Scripps Company CL A 811054 20 4 25407 521168 SH SOLE 521168 Select Comfort Corporation COM 81616X103 16159 790580 SH SOLE 790580 Stratasys, Inc. COM 862685 10 4 19851 700700 SH SOLE 700700 SunGard Data Systems Inc. COM 867363 10 3 57 1650 SH SOLE 1650 Tempur-Pedic International Inc. COM 88023U101 12968 694970 SH SOLE 694970 Time Warner Inc. COM 887317 10 5 44106 2513134 SH SOLE 2513134 UST INC. COM 902911 10 6 414 8000 SH SOLE 8000 United Auto Group Inc. COM 909440 10 9 21938 788300 SH SOLE 788300 Wendy's International Inc. COM 950590 10 9 62 1580 SH SOLE 1580 Wright Express Corp. COM 98233Q105 13093 765690 SH SOLE 765690 Yankee Candle Company Inc. COM 984757 10 4 36806 1161075 SH SOLE 1161075 1,794,280.07