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: March 31, 2008 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 May 13, 2008 ----------------- ----------------------- ------------ [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: 100 Form 13F Information Table Value Total: 2,204,282 (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 - March 31, 2008

Market Title of Value Total Investment Other Voting Name of Issuer Class Cusip (x1000) Shares Decision Managers Authority ------------------------------------------- -------- ----------- ------- ------- ---------- -------- --------- 3M Co. COM 88579Y 10 1 45205 571136 SH SOLE 571136 Aflac Inc. COM 001055 10 2 32524 500762 SH SOLE 500762 Altria Group Inc. COM 02209S 10 3 14509 653563 SH SOLE 653563 AmerisourceBergen Corp COM 03073E 10 5 28722 700880 SH SOLE 700880 Ares Capital Corp. COM 04010L 10 3 17845 1419671 SH SOLE 1419671 Arthur J. Gallagher & Co. COM 363576 10 9 34235 1449421 SH SOLE 1449421 Asbury Automotive Group Inc. COM 043436 10 4 16646 1209736 SH SOLE 1209736 Automatic Data Processing, Inc. COM 053015 10 3 17913 422565 SH SOLE 422565 AutoNation Inc. COM 05329W 10 2 6403 427700 SH SOLE 427700 Bassett Furniture Industries, Inc. COM 070203 10 4 1140 92370 SH SOLE 92370 Belo Corp. CL A 080555 10 5 2891 273500 SH SOLE 273500 Berkshire Hathaway Inc. CL A 084670 10 8 34284 257 SH SOLE 257 Berkshire Hathaway Inc. CL B 084670 20 7 1118 250 SH SOLE 250 Brown & Brown Inc. COM 115236 10 1 18019 1036764 SH SOLE 1036764 Cintas Corp. COM 172908 10 5 3473 121697 SH SOLE 121697 Cohen & Steers Inc. COM 19247A 10 0 21911 827148 SH SOLE 827148 Columbia Sportswear Co. COM 198516 10 6 11059 251175 SH SOLE 251175 Comcast Corp. CL A 20030N 20 0 1131 59603 SH SOLE 59603 Copart, Inc. COM 217204 10 6 7845 202400 SH SOLE 202400 Dollar Financial Corp. COM 256664 10 3 34500 1500008 SH SOLE 1500008 DTS Inc. COM 23335C 10 1 23471 977951 SH SOLE 977951 Emerson Electric Co. COM 291011 10 4 25138 488505 SH SOLE 488505 Entravision Communications Corp. CL A 29382R 10 7 16789 2520937 SH SOLE 2520937 Equifax Inc. COM 294429 10 5 45745 1326708 SH SOLE 1326708 Expedia Inc. COM 30212P 10 5 6574 300306 SH SOLE 300306 Fair Issac Corp. COM 303250 10 4 3280 152400 SH SOLE 152400 FedEx Corp. COM 31428X 10 6 73963 798135 SH SOLE 798135 Fidelity National Information Services Inc. COM 31620M 10 6 2236 58630 SH SOLE 58630 First Advantage Corp. CL A 31845F 10 0 212 10000 SH SOLE 10000 First American Corp. COM 318522 30 7 3574 105300 SH SOLE 105300 Franklin Resources, Inc. COM 354613 10 1 320 3300 SH SOLE 3300 General Electric Co. COM 369604 10 3 18309 494700 SH SOLE 494700 Gladstone Investment Corp. COM 376546 10 7 13528 1437652 SH SOLE 1437652 Greenfield Online Inc. COM 395150 10 5 21028 1773044 SH SOLE 1773044 Grubb & Ellis Co. COM 400095 20 4 5237 762300 SH SOLE 762300 H&R Block Inc. COM 093671 10 5 98791 4758709 SH SOLE 4758709 HCC Insurance Holdings Inc. COM 404132 10 2 37377 1647304 SH SOLE 1647304 Hercules Offshore Inc. COM 427093 10 9 27297 1086675 SH SOLE 1086675 Herman Miller, Inc. COM 600544 10 0 17273 703000 SH SOLE 703000 Hilb Rogal & Hobbs Co. COM 431294 10 7 26560 843981 SH SOLE 843981 Hudson City Bancorp Inc. COM 443683 10 7 1941 109800 SH SOLE 109800 IAC/InterActiveCorp COM 44919P 30 0 201 9700 SH SOLE 9700 infoUSA Inc. COM 456818 30 1 16788 2747668 SH SOLE 2747668 Innophos Holdings Inc. COM 45774N 10 8 193 12000 SH SOLE 12000 Interactive Data Corp. COM 45840J 10 7 31940 1121895 SH SOLE 1121895 International Speedway Corp. CL A 460335 20 1 36339 882020 SH SOLE 882020 IVCI CORP CL B 450704 10 1 0 10000 SH SOLE 10000 Jackson Hewitt Tax Service Inc. COM 468202 10 6 22169 1932775 SH SOLE 1932775 Johnson & Johnson COM 478160 10 4 82432 1270732 SH SOLE 1270732 Jupitermedia Corp. COM 48207D 10 1 6668 3190489 SH SOLE 3190489 Kayne Anderson Energy Development Co. COM 48660Q 10 2 22284 894921 SH SOLE 894921 Laboratory Corporation of America Holdings COM 50540R 40 9 6771 91900 SH SOLE 91900 LECG Corp. COM 523234 10 2 17475 1866990 SH SOLE 1866990 Legg Mason Inc. COM 524901 10 5 756 13500 SH SOLE 13500 Liberty Media Corp. - Interactive CL A 53071M 10 4 50421 3123984 SH SOLE 3123984 Loews Corp. - Carolina Group COM 540424 20 7 25728 354622 SH SOLE 354622 M&T Bank Corp. COM 55261F 10 4 588 7300 SH SOLE 7300 McDonald's Corp. COM 580135 10 1 25563 458373 SH SOLE 458373 Merck & Co., Inc. COM 589331 10 7 2239 59000 SH SOLE 59000 Microsoft Corp. COM 594918 10 4 68198 2403022 SH SOLE 2403022 Moody's Corp. COM 615369 10 5 1780 51100 SH SOLE 51100 Move Inc. COM 62458M 10 8 23278 7557925 SH SOLE 7557925 NBTY Inc. COM 628782 10 4 34878 1164526 SH SOLE 1164526 NGP Capital Resources Co. COM 62912R 10 7 17237 1049743 SH SOLE 1049743 Nike, Inc. CL B 654106 10 3 27398 402919 SH SOLE 402919 Nutraceutical International Corp. COM 67060Y 10 1 12896 992016 SH SOLE 992016 Omnicom Group Inc. COM 681919 10 6 101052 2287284 SH SOLE 2287284 Patterson-UTI Energy Inc. COM 703481 10 1 7367 281400 SH SOLE 281400 Pfizer Inc. COM 717081 10 3 419 20000 SH SOLE 20000 Philip Morris International Inc. COM 718172 10 9 33057 653563 SH SOLE 653563 Phillips-Van Heusen Corp. COM 718592 10 8 24227 638900 SH SOLE 638900 Pool Corp. COM 73278L 10 5 20807 1101500 SH SOLE 1101500 Prestige Brands Holdings Inc. COM 74112D 10 1 8102 990478 SH SOLE 990478 Procter & Gamble Co. COM 742718 10 9 27395 390968 SH SOLE 390968 Quest Diagnostics Inc. COM 74834L 10 0 26861 593361 SH SOLE 593361 Radio One Inc. CL D 75040P 40 5 4215 2772895 SH SOLE 2772895 RC2 Corp. COM 749388 10 4 21591 1029620 SH SOLE 1029620 Regis Corp. COM 758932 10 7 22682 825100 SH SOLE 825100 Rent-A-Center Inc. COM 76009N 10 0 3345 182300 SH SOLE 182300 Saga Communications Inc. COM 786598 10 2 1512 270062 SH SOLE 270062 School Specialty Inc. COM 807863 10 5 22919 726665 SH SOLE 726665 Sherwin-Williams Co. COM 824348 10 6 24827 486425 SH SOLE 486425 Skechers USA Inc. CL A 830566 10 5 34500 1707091 SH SOLE 1707091 State Street Corp. COM 857477 10 3 80382 1017497 SH SOLE 1017497 Steven Madden Ltd. COM 556269 10 8 21275 1241992 SH SOLE 1241992 Stratasys Inc. COM 862685 10 4 6330 355610 SH SOLE 355610 TCF Financial Corp. COM 872275 10 2 6607 368700 SH SOLE 368700 Tempur-Pedic International Inc. COM 88023U 10 1 11880 1079997 SH SOLE 1079997 The McGraw-Hill Companies, Inc. COM 580645 10 9 88834 2404168 SH SOLE 2404168 Tim Hortons Inc. COM 88706M 10 3 50026 1469195 SH SOLE 1469195 United Technologies Corp. COM 913017 10 9 44227 642643 SH SOLE 642643 Universal Technical Institute Inc. COM 913915 10 4 358 30500 SH SOLE 30500 US Gold Corp. COM 912023 20 7 25 10000 SH SOLE 10000 ValueVision Media Inc. CL A 92047K 10 7 101 19000 SH SOLE 19000 W.W. Grainger Inc. COM 384802 10 4 5195 68000 SH SOLE 68000 Walgreen Co. COM 931422 10 9 32311 848278 SH SOLE 848278 Wal-Mart Stores Inc. COM 931142 10 3 263 5000 SH SOLE 5000 Walt Disney Co. COM 254687 10 6 38461 1225656 SH SOLE 1225656 Wells Fargo & Co. COM 949746 10 1 32234 1107683 SH SOLE 1107683 Wyeth COM 983024 10 0 46659 1117320 SH SOLE 1117320 Total 2204282 Count 100

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