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Burgundy Asset Management Ltd.

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13F filer, CIK 1315868, Toronto, Ontario, Canada

Burgundy Asset Management Ltd. reported $10,599,777,650 across 109 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-12. Its ten largest share positions make up 26.64% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001193125-25-277473

Period
2025-09-30
Reported value
$10.6B
Holdings
109
Top 10 weight
26.64%
New
3
Sold out
3

Largest buys vs the previous quarter

SecurityShares changeApprox. value
USFDadded+765,042$59.4M
MKTXadded+277,846$51.1M
DHRnew+236,772$48.7M
GIBadded+171,231$16.6M
WABadded+77,495$15M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
SYYreduced-798,172-$64.2M
EMEreduced-86,475-$53.6M
OPLNreduced-1,828,553-$52.9M
EYEreduced-2,254,402-$51.7M
RCIreduced-841,326-$30.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001193125-25-277473, largest first. % of portfolio is the value over $10,599,777,650, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
SSNCSS&C TECH HLDGSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,117,559 shares; 2024Q4: 5,004,107 shares; 2025Q1: 5,186,307 shares; 2025Q2: 5,239,571 shares; 2025Q3: 5,193,498 shares 5,193,498$460M4.34%-46,073Timeline
PRIPRIMERICA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,267,265 shares; 2024Q4: 1,288,473 shares; 2025Q1: 1,310,019 shares; 2025Q2: 1,333,473 shares; 2025Q3: 1,324,968 shares 1,324,968$357M3.37%-8,505Timeline
WTWWILLIS TOWERS WATSON PLC LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,024,930 shares; 2024Q4: 932,495 shares; 2025Q1: 901,337 shares; 2025Q2: 894,007 shares; 2025Q3: 877,476 shares 877,476$287M2.71%-16,531Timeline
EMEEMCOR GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 474,654 shares; 2024Q4: 482,453 shares; 2025Q1: 515,522 shares; 2025Q2: 530,457 shares; 2025Q3: 443,982 shares 443,982$275M2.6%-86,475Timeline
AWIARMSTRONG WORLD INDS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,179,014 shares; 2024Q4: 1,198,801 shares; 2025Q1: 1,282,996 shares; 2025Q2: 1,321,078 shares; 2025Q3: 1,313,676 shares 1,313,676$257M2.43%-7,402Timeline
OPLNOPENLANE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,124,522 shares; 2024Q4: 9,278,497 shares; 2025Q1: 9,925,661 shares; 2025Q2: 10,306,027 shares; 2025Q3: 8,477,474 shares 8,477,474$245M2.31%-1,828,553Timeline
HLIHOULIHAN LOKEY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,231,477 shares; 2024Q4: 1,251,831 shares; 2025Q1: 1,189,822 shares; 2025Q2: 1,225,966 shares; 2025Q3: 1,219,617 shares 1,219,617$243M2.29%-6,349Timeline
GOOGLALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,812,881 shares; 2024Q4: 1,477,961 shares; 2025Q1: 1,153,174 shares; 2025Q2: 1,140,072 shares; 2025Q3: 1,117,913 shares 1,117,913$238M2.25%-22,159Timeline
USFDUS FOODS HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,684,154 shares; 2025Q2: 2,206,740 shares; 2025Q3: 2,971,782 shares 2,971,782$231M2.18%+765,042Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 743,456 shares; 2024Q4: 675,708 shares; 2025Q1: 514,260 shares; 2025Q2: 508,021 shares; 2025Q3: 454,086 shares 454,086$230M2.17%-53,935Timeline
GNTXGENTEX CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,429,888 shares; 2024Q4: 5,516,817 shares; 2025Q1: 7,728,209 shares; 2025Q2: 7,964,555 shares; 2025Q3: 7,923,912 shares 7,923,912$222M2.09%-40,643Timeline
ICEINTERCONTINENTAL EXCHANGE INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,908,585 shares; 2024Q4: 1,737,611 shares; 2025Q1: 1,276,994 shares; 2025Q2: 1,266,790 shares; 2025Q3: 1,243,864 shares 1,243,864$220M2.07%-22,926Timeline
WHWYNDHAM HOTELS & RESORTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,263,457 shares; 2024Q4: 2,301,289 shares; 2025Q1: 2,369,461 shares; 2025Q2: 2,465,968 shares; 2025Q3: 2,454,330 shares 2,454,330$213M2.01%-11,638Timeline
GMEDGLOBUS MED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,574,778 shares; 2024Q4: 2,618,108 shares; 2025Q1: 2,801,747 shares; 2025Q2: 3,481,438 shares; 2025Q3: 3,460,983 shares 3,460,983$212M2%-20,455Timeline
MDTMEDTRONIC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,182,380 shares; 2025Q1: 2,112,305 shares; 2025Q2: 2,218,151 shares; 2025Q3: 2,184,386 shares 2,184,386$203M1.91%-33,765Timeline
JNJJOHNSON & JOHNSONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,324,184 shares; 2024Q4: 1,207,363 shares; 2025Q1: 1,169,327 shares; 2025Q2: 1,160,080 shares; 2025Q3: 1,136,939 shares 1,136,939$201M1.9%-23,141Timeline
LOPEGRAND CANYON ED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 870,451 shares; 2024Q4: 885,118 shares; 2025Q1: 946,152 shares; 2025Q2: 982,698 shares; 2025Q3: 977,397 shares 977,397$197M1.86%-5,301Timeline
ALSNALLISON TRANSMISSION HLDGS IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,043,836 shares; 2024Q4: 2,471,792 shares; 2025Q1: 2,234,446 shares; 2025Q2: 2,228,704 shares; 2025Q3: 2,210,926 shares 2,210,926$193M1.82%-17,778Timeline
MDLZMONDELEZ INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,188,473 shares; 2024Q4: 3,303,185 shares; 2025Q1: 2,959,532 shares; 2025Q2: 2,948,267 shares; 2025Q3: 2,898,948 shares 2,898,948$178M1.68%-49,319Timeline
CORCENCORA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 875,788 shares; 2024Q4: 797,281 shares; 2025Q1: 767,502 shares; 2025Q2: 610,478 shares; 2025Q3: 599,753 shares 599,753$175M1.65%-10,725Timeline
ROSTROSS STORES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,270,088 shares; 2024Q4: 1,151,164 shares; 2025Q1: 1,204,015 shares; 2025Q2: 1,191,294 shares; 2025Q3: 1,170,458 shares 1,170,458$172M1.62%-20,836Timeline
EAELECTRONIC ARTS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,435,681 shares; 2024Q4: 1,307,108 shares; 2025Q1: 1,128,733 shares; 2025Q2: 990,457 shares; 2025Q3: 973,374 shares 973,374$167M1.58%-17,083Timeline
PAGPENSKE AUTOMOTIVE GRP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 793,754 shares; 2024Q4: 806,860 shares; 2025Q1: 863,529 shares; 2025Q2: 890,356 shares; 2025Q3: 885,860 shares 885,860$163M1.54%-4,496Timeline
NWSANEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,404,507 shares; 2024Q4: 5,800,202 shares; 2025Q1: 5,619,167 shares; 2025Q2: 5,552,618 shares; 2025Q3: 5,454,879 shares 5,454,879$160M1.51%-97,739Timeline
CMECME GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 675,242 shares; 2024Q4: 613,444 shares; 2025Q1: 592,991 shares; 2025Q2: 586,764 shares; 2025Q3: 575,337 shares 575,337$153M1.45%-11,427Timeline
AMHAMERICAN HOMES 4 RENTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,783,796 shares; 2024Q4: 3,844,552 shares; 2025Q1: 4,111,296 shares; 2025Q2: 4,280,147 shares; 2025Q3: 4,258,875 shares 4,258,875$153M1.44%-21,272Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 910,784 shares; 2024Q4: 826,001 shares; 2025Q1: 684,152 shares; 2025Q2: 676,936 shares; 2025Q3: 665,179 shares 665,179$152M1.44%-11,757Timeline
HSICSCHEIN HENRY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,836,252 shares; 2024Q4: 1,668,899 shares; 2025Q1: 2,235,429 shares; 2025Q2: 2,207,493 shares; 2025Q3: 2,170,871 shares 2,170,871$151M1.43%-36,622Timeline
CBZCBIZ INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,050,127 shares; 2024Q4: 2,081,380 shares; 2025Q1: 2,220,266 shares; 2025Q2: 2,321,198 shares; 2025Q3: 2,315,606 shares 2,315,606$149M1.41%-5,592Timeline
KVUEKENVUE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,620,865 shares; 2024Q4: 6,022,414 shares; 2025Q1: 6,555,942 shares; 2025Q2: 7,148,796 shares; 2025Q3: 7,030,246 shares 7,030,246$146M1.37%-118,550Timeline
TDTORONTO DOMINION BK ONTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 951,935 shares; 2024Q4: 2,258,881 shares; 2025Q1: 1,933,740 shares; 2025Q2: 1,908,467 shares; 2025Q3: 1,896,245 shares 1,896,245$142M1.34%-12,222Timeline
NYTNEW YORK TIMES CO MTN BEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,209,599 shares; 2024Q4: 1,407,458 shares; 2025Q1: 2,325,224 shares; 2025Q2: 2,368,819 shares; 2025Q3: 2,357,049 shares 2,357,049$141M1.33%-11,770Timeline
WABWABTECQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 473,740 shares; 2025Q2: 641,284 shares; 2025Q3: 718,779 shares 718,779$139M1.31%+77,495Timeline
SSDSIMPSON MFG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 619,496 shares; 2024Q4: 630,436 shares; 2025Q1: 673,535 shares; 2025Q2: 693,775 shares; 2025Q3: 689,900 shares 689,900$132M1.24%-3,875Timeline
MKTXMARKETAXESS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 405,185 shares; 2024Q4: 244,271 shares; 2025Q1: 402,511 shares; 2025Q2: 414,370 shares; 2025Q3: 692,216 shares 692,216$127M1.2%+277,846Timeline
LNWOLIGHT & WONDER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,444,180 shares; 2024Q4: 1,472,538 shares; 2025Q1: 1,574,589 shares; 2025Q2: 1,632,562 shares; 2025Q3: 1,360,624 shares 1,360,624$126M1.19%-271,938Timeline
STRASTRATEGIC ED INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,238,224 shares; 2024Q4: 1,258,680 shares; 2025Q1: 1,475,831 shares; 2025Q2: 1,524,317 shares; 2025Q3: 1,516,338 shares 1,516,338$123M1.16%-7,979Timeline
GNRCGENERAC HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 432,993 shares; 2024Q4: 440,389 shares; 2025Q1: 534,252 shares; 2025Q2: 651,679 shares; 2025Q3: 648,364 shares 648,364$120M1.13%-3,315Timeline
MAMASTERCARD INCORPORATEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 350,121 shares; 2024Q4: 318,586 shares; 2025Q1: 206,656 shares; 2025Q2: 204,266 shares; 2025Q3: 200,540 shares 200,540$119M1.13%-3,726Timeline
RCIROGERS COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,548,832 shares; 2024Q4: 2,531,604 shares; 2025Q1: 3,509,952 shares; 2025Q2: 4,172,546 shares; 2025Q3: 3,331,220 shares 3,331,220$119M1.13%-841,326Timeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 161 shares; 2024Q4: 161 shares; 2025Q1: 159 shares; 2025Q2: 154 shares; 2025Q3: 154 shares 154$116M1.1%0Timeline
EEFTEURONET WORLDWIDE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 905,847 shares; 2024Q4: 1,096,300 shares; 2025Q1: 1,171,426 shares; 2025Q2: 1,217,631 shares; 2025Q3: 1,211,358 shares 1,211,358$113M1.06%-6,273Timeline
HLMNHILLMAN SOLUTIONS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 8,715,500 shares; 2024Q4: 8,876,005 shares; 2025Q1: 9,489,870 shares; 2025Q2: 11,202,558 shares; 2025Q3: 11,164,985 shares 11,164,985$110M1.04%-37,573Timeline
QSRRESTAURANT BRANDS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,162,835 shares; 2024Q4: 1,167,299 shares; 2025Q1: 1,592,502 shares; 2025Q2: 1,586,110 shares; 2025Q3: 1,742,299 shares 1,742,299$110M1.04%+156,189Timeline
NKENIKE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,406,412 shares; 2025Q2: 1,386,476 shares; 2025Q3: 1,364,095 shares 1,364,095$106M1%-22,381Timeline
ORCLORACLE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 696,643 shares; 2024Q4: 492,542 shares; 2025Q1: 478,037 shares; 2025Q2: 472,475 shares; 2025Q3: 463,184 shares 463,184$105M0.99%-9,291Timeline
TFCTRUIST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,344,129 shares; 2024Q4: 2,129,213 shares; 2025Q1: 2,066,193 shares; 2025Q2: 2,046,367 shares; 2025Q3: 2,006,383 shares 2,006,383$93.9M0.89%-39,984Timeline
STNSTANTEC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,019,462 shares; 2024Q4: 1,014,121 shares; 2025Q1: 976,338 shares; 2025Q2: 860,737 shares; 2025Q3: 858,122 shares 858,122$93.2M0.88%-2,615Timeline
RYROYAL BK CDAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 651,512 shares; 2024Q4: 648,865 shares; 2025Q1: 642,238 shares; 2025Q2: 639,962 shares; 2025Q3: 639,134 shares 639,134$92.8M0.88%-828Timeline
PPLIPEOPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,448,753 shares; 2025Q2: 2,517,797 shares; 2025Q3: 2,501,914 shares 2,501,914$91.6M0.86%-15,883Timeline
PPGPPG INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 823,899 shares; 2025Q3: 814,635 shares 814,635$90.6M0.85%-9,264Timeline
GGGGRACO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 876,256 shares; 2024Q4: 890,494 shares; 2025Q1: 952,011 shares; 2025Q2: 991,702 shares; 2025Q3: 987,333 shares 987,333$84.3M0.8%-4,369Timeline
PGPROCTER & GAMBLE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 952,722 shares; 2024Q4: 658,314 shares; 2025Q1: 544,197 shares; 2025Q2: 539,672 shares; 2025Q3: 530,142 shares 530,142$83.3M0.79%-9,530Timeline
CNICANADIAN NATL RY COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 473,837 shares; 2024Q4: 719,988 shares; 2025Q1: 711,819 shares; 2025Q2: 708,784 shares; 2025Q3: 845,531 shares 845,531$81.8M0.77%+136,747Timeline
GIBCGI INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 645,996 shares; 2024Q4: 641,419 shares; 2025Q1: 629,890 shares; 2025Q2: 628,015 shares; 2025Q3: 799,246 shares 799,246$77.6M0.73%+171,231Timeline
CABOCABLE ONE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 296,839 shares; 2024Q4: 316,384 shares; 2025Q1: 402,403 shares; 2025Q2: 474,730 shares; 2025Q3: 472,067 shares 472,067$76.2M0.72%-2,663Timeline
CARRCARRIER GLOBAL CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,559,860 shares; 2024Q4: 1,948,155 shares; 2025Q1: 1,364,389 shares; 2025Q2: 1,348,288 shares; 2025Q3: 1,165,423 shares 1,165,423$76M0.72%-182,865Timeline
BNSBANK NOVA SCOTIA B CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,234,727 shares; 2024Q4: 1,217,857 shares; 2025Q1: 1,204,941 shares; 2025Q2: 1,200,811 shares; 2025Q3: 1,199,190 shares 1,199,190$74.8M0.71%-1,621Timeline
BNBROOKFIELD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,852,540 shares; 2024Q4: 1,131,044 shares; 2025Q1: 1,118,085 shares; 2025Q2: 1,114,437 shares; 2025Q3: 1,110,869 shares 1,110,869$73M0.69%-3,568Timeline
CIGICOLLIERS INTL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 437,754 shares; 2024Q4: 434,596 shares; 2025Q1: 428,201 shares; 2025Q2: 426,506 shares; 2025Q3: 424,796 shares 424,796$70.1M0.66%-1,710Timeline
NWSNEWS CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,219,720 shares; 2024Q4: 2,014,492 shares; 2025Q1: 1,950,223 shares; 2025Q2: 1,929,507 shares; 2025Q3: 1,896,357 shares 1,896,357$64.2M0.61%-33,150Timeline
SKYCHAMPION HOMES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 786,083 shares; 2024Q4: 760,351 shares; 2025Q1: 812,204 shares; 2025Q2: 835,176 shares; 2025Q3: 844,413 shares 844,413$63.7M0.6%+9,237Timeline
SYYSYSCO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 412,985 shares; 2024Q4: 1,452,073 shares; 2025Q1: 2,015,994 shares; 2025Q2: 1,552,148 shares; 2025Q3: 753,976 shares 753,976$60.7M0.57%-798,172Timeline
DHID R HORTON INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 362,368 shares; 2025Q3: 350,704 shares 350,704$59.4M0.56%-11,664Timeline
DVDOUBLEVERIFY HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,833,634 shares; 2024Q4: 4,906,913 shares; 2025Q1: 5,225,968 shares; 2025Q2: 3,624,876 shares; 2025Q3: 3,608,272 shares 3,608,272$58.7M0.55%-16,604Timeline
ALRMALARM COM HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 698,848 shares; 2025Q1: 882,351 shares; 2025Q2: 985,882 shares; 2025Q3: 999,208 shares 999,208$58.6M0.55%+13,326Timeline
TSLXSIXTH STREET SPECIALTY LENDIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,155,044 shares; 2024Q4: 2,192,486 shares; 2025Q1: 2,347,046 shares; 2025Q2: 2,378,968 shares; 2025Q3: 2,362,088 shares 2,362,088$57.8M0.54%-16,880Timeline
ATSATS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,461,826 shares; 2024Q4: 1,450,528 shares; 2025Q1: 1,768,782 shares; 2025Q2: 1,812,147 shares; 2025Q3: 1,807,557 shares 1,807,557$50M0.47%-4,590Timeline
DLTRDOLLAR TREE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,918,446 shares; 2024Q4: 1,728,618 shares; 2025Q1: 1,679,012 shares; 2025Q2: 460,632 shares; 2025Q3: 452,794 shares 452,794$49.4M0.47%-7,838Timeline
DHRDANAHER CORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 236,772 shares 236,772$48.7M0.46%newTimeline
AZOAUTOZONE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,917 shares; 2024Q4: 19,035 shares; 2025Q1: 11,722 shares; 2025Q2: 11,543 shares; 2025Q3: 11,324 shares 11,324$47.5M0.45%-219Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 131,573 shares; 2024Q4: 105,851 shares; 2025Q1: 98,781 shares; 2025Q2: 97,704 shares; 2025Q3: 93,695 shares 93,695$47.1M0.44%-4,009Timeline
CRLCHARLES RIV LABS INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,304 shares; 2024Q4: 1,304 shares; 2025Q1: 2,720 shares; 2025Q2: 280,170 shares; 2025Q3: 278,329 shares 278,329$45.5M0.43%-1,841Timeline
WCNWASTE CONNECTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 229,764 shares; 2024Q4: 228,647 shares; 2025Q1: 225,685 shares; 2025Q2: 224,729 shares; 2025Q3: 224,049 shares 224,049$41.4M0.39%-680Timeline
ELLAUDER ESTEE COS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 512,950 shares; 2024Q4: 466,407 shares; 2025Q1: 452,353 shares; 2025Q2: 448,552 shares; 2025Q3: 440,241 shares 440,241$40.4M0.38%-8,311Timeline
ATATATOUR LIFESTYLE HLDGS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 579,183 shares; 2024Q4: 547,443 shares; 2025Q1: 584,843 shares; 2025Q2: 633,774 shares; 2025Q3: 774,823 shares 774,823$30.2M0.28%+141,049Timeline
KLCKINDERCARE LEARNING COMPANIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,269,445 shares; 2025Q2: 2,658,159 shares; 2025Q3: 3,919,470 shares 3,919,470$28.2M0.27%+1,261,311Timeline
LHLABCORP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 86,757 shares; 2024Q4: 88,895 shares; 2025Q1: 95,643 shares; 2025Q2: 95,842 shares; 2025Q3: 93,448 shares 93,448$26M0.25%-2,394Timeline
SNXTD SYNNEX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 643,226 shares; 2024Q4: 143,874 shares; 2025Q1: 153,564 shares; 2025Q2: 159,797 shares; 2025Q3: 158,963 shares 158,963$23.5M0.22%-834Timeline
IBPINSTALLED BLDG PRODS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 76,975 shares; 2025Q3: 76,498 shares 76,498$20M0.19%-477Timeline
BABOEING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 50,000 shares; 2024Q4: 85,000 shares; 2025Q1: 85,000 shares; 2025Q2: 85,000 shares; 2025Q3: 85,000 shares 85,000$19.9M0.19%0Timeline
JEFJEFFERIES FINANCIAL GROUP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 299,958 shares; 2025Q3: 294,896 shares 294,896$19.1M0.18%-5,062Timeline
MCDMCDONALDS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 60,773 shares; 2024Q4: 60,773 shares; 2025Q1: 60,642 shares; 2025Q2: 60,642 shares; 2025Q3: 60,642 shares 60,642$19M0.18%0Timeline
MMM3M COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,000 shares; 2024Q4: 110,000 shares; 2025Q1: 110,000 shares; 2025Q2: 110,000 shares; 2025Q3: 110,000 shares 110,000$17.1M0.16%0Timeline
CPRTCOPART INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 709,838 shares; 2024Q4: 727,763 shares; 2025Q1: 780,701 shares; 2025Q2: 327,128 shares; 2025Q3: 319,054 shares 319,054$15.6M0.15%-8,074Timeline
LSTRLANDSTAR SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,573 shares; 2024Q4: 2,573 shares; 2025Q1: 2,703 shares; 2025Q2: 71,600 shares; 2025Q3: 85,380 shares 85,380$11.3M0.11%+13,780Timeline
ALGNALIGN TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 78,625 shares 78,625$11.2M0.11%newTimeline
NTRNUTRIEN LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 95,500 shares; 2024Q4: 130,000 shares; 2025Q1: 165,000 shares; 2025Q2: 165,000 shares; 2025Q3: 165,000 shares 165,000$9.5M0.09%0Timeline
ENBENBRIDGE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 165,859 shares; 2024Q4: 171,960 shares; 2025Q1: 161,559 shares; 2025Q2: 159,720 shares; 2025Q3: 164,767 shares 164,767$7.97M0.08%+5,047Timeline
EYENATIONAL VISION HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,959,957 shares; 2024Q4: 4,675,539 shares; 2025Q1: 4,996,104 shares; 2025Q2: 2,505,978 shares; 2025Q3: 251,576 shares 251,576$5.77M0.05%-2,254,402Timeline
YMMFULL TRUCK ALLIANCE CO LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 55,799 shares; 2024Q4: 915,700 shares; 2025Q1: 991,147 shares; 2025Q2: 1,053,506 shares; 2025Q3: 408,685 shares 408,685$5.33M0.05%-644,821Timeline
TUTELUS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 157,589 shares; 2024Q4: 198,708 shares; 2025Q1: 197,082 shares; 2025Q2: 197,082 shares; 2025Q3: 206,581 shares 206,581$3.4M0.03%+9,499Timeline
BIPCBROOKFIELD INFRASTRUCTURE COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 60,099 shares; 2025Q2: 65,783 shares; 2025Q3: 70,760 shares 70,760$2.85M0.03%+4,977Timeline
CNQCANADIAN NAT RES LTD MED TERQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,771 shares; 2024Q4: 72,704 shares; 2025Q1: 75,135 shares; 2025Q2: 75,135 shares; 2025Q3: 89,097 shares 89,097$2.82M0.03%+13,962Timeline
KMXCARMAX INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 25,460 shares; 2025Q3: 41,459 shares 41,459$2.54M0.02%+15,999Timeline
GRTUFGRANITE REAL ESTATE INVESTMEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 39,745 shares; 2025Q2: 40,742 shares; 2025Q3: 40,742 shares 40,742$2.32M0.02%0Timeline
BAMBROOKFIELD ASSET MANAGMT LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,522,123 shares; 2024Q4: 32,536 shares; 2025Q1: 47,474 shares; 2025Q2: 40,302 shares; 2025Q3: 35,864 shares 35,864$2.16M0.02%-4,438Timeline
TRPTC ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 174,194 shares; 2024Q4: 126,025 shares; 2025Q1: 122,279 shares; 2025Q2: 41,363 shares; 2025Q3: 41,363 shares 41,363$2.15M0.02%0Timeline
VGKVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 18,911 shares; 2025Q3: 19,136 shares 19,136$1.5M0.01%+225Timeline
CWCURTISS WRIGHT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,387 shares; 2024Q4: 1,697 shares; 2025Q1: 1,783 shares; 2025Q2: 1,783 shares; 2025Q3: 1,783 shares 1,783$853K0.01%0Timeline
YUMCYUM CHINA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 38,043 shares; 2024Q4: 29,727 shares; 2025Q1: 29,141 shares; 2025Q2: 10,320 shares; 2025Q3: 11,564 shares 11,564$517K<0.01%+1,244Timeline
CDWCDW CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,892 shares; 2024Q4: 1,892 shares; 2025Q1: 1,988 shares; 2025Q2: 2,627 shares; 2025Q3: 2,627 shares 2,627$433K<0.01%0Timeline
FAFFIRST AMERN FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 157,407 shares; 2024Q4: 161,257 shares; 2025Q1: 172,929 shares; 2025Q2: 6,381 shares; 2025Q3: 6,381 shares 6,381$421K<0.01%0Timeline
TMETENCENT MUSIC ENTMT GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,225 shares; 2024Q4: 41,980 shares; 2025Q1: 31,689 shares; 2025Q2: 17,828 shares; 2025Q3: 11,985 shares 11,985$294K<0.01%-5,843Timeline
TRITHOMSON REUTERS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,593 shares; 2024Q4: 1,593 shares; 2025Q1: 1,593 shares; 2025Q2: 1,593 shares; 2025Q3: 1,593 shares 1,593$283K<0.01%0Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 375 shares; 2024Q4: 375 shares; 2025Q1: 375 shares; 2025Q2: 375 shares; 2025Q3: 375 shares 375$277K<0.01%0Timeline
CPCANADIAN PACIFIC KANSAS CITYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 3,561 shares 3,561$271K<0.01%newTimeline
SOBOSOUTH BOW CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 20,595 shares; 2025Q2: 8,272 shares; 2025Q3: 8,272 shares 8,272$229K<0.01%0Timeline
MIDDMIDDLEBY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,527 shares; 2025Q1: 1,604 shares; 2025Q2: 1,604 shares; 2025Q3: 1,604 shares 1,604$220K<0.01%0Timeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
HDBHDFC BANK LTD195,956$15Mshares
EVERI HLDGS INCEVERI HLDGS INC812,298$11.6Mshares
LOWLOWES COS INC30,142$6.69Mshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001193125-25-277473 base2025-11-12acceptance time not in the bulk data set