13F-HR/A 1 d13fhra.txt FORM 13-F AMENDMENT NO. 1 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, 2007 Check here if Amendment [X]; Amendment Number: 1 This Amendment (Check only one.): [ ] is a restatement. [X] 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 July 16, 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: 81 Form 13F Information Table Value Total: 2,557,366 ---------- (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 2007

Market Value Investment Other Voting Name of Issuer Title of Class Cusip (x$1000) Total Shares Decision Managers Authority -------------- -------------- ----------- ----------------- ------------ ---------- -------- --------- 3M Co. COM 88579Y101 57564 753155 SH SOLE 753155 Abercrombie & Fitch Co. COM 002896 20 7 19142 252928 SH SOLE 252928 Altria Group Inc. COM 02209S103 76913 875905 SH SOLE 875905 Apollo Group Inc. CL A 037604 10 5 49231 1121431 SH SOLE 1121431 Ares Capital Corp. COM 04010L103 26825 1476312 SH SOLE 1476312 Arthur J. Gallagher & Co. COM 363576 10 9 35800 1263665 SH SOLE 1263665 AutoNation Inc. COM 05329W102 5514 259600 SH SOLE 259600 Belo Corp. CL A 080555 10 5 3095 165800 SH SOLE 165800 Berkshire Hathaway Inc. CL A 084670 10 8 59727 548 SH SOLE 548 Berkshire Hathaway Inc. CL B 084670 20 7 961 264 SH SOLE 264 BioScrip Inc. COM 09069N108 5643 1802802 SH SOLE 1802802 Cavco Industries Inc. COM 149568 10 7 4093 117099 SH SOLE 117099 Dell Inc. COM 24702R101 100911 4347745 SH SOLE 4347745 Dollar Financial Corp. COM 256664 10 3 39734 1570503 SH SOLE 1570503 DTS Inc. COM 23335C101 30888 1274763 SH SOLE 1274763 E.W. Scripps Co. CL A 811054 20 4 30226 676507 SH SOLE 676507 Entravision Communications Corp. CL A 29382R107 13521 1447604 SH SOLE 1447604 Equifax Inc. COM 294429 10 5 48060 1318511 SH SOLE 1318511 Expedia Inc. COM 30212P105 8352 360300 SH SOLE 360300 Federated Investors Inc. CL B 314211 10 3 6918 188400 SH SOLE 188400 FedEX Corp. COM 31428X106 41468 386000 SH SOLE 386000 Fidelity National Information Services Inc. COM 31620M106 2521 55465 SH SOLE 55465 First American Corp. COM 318522 30 7 4671 92100 SH SOLE 92100 Fossil Inc. COM 349882 10 0 24769 935741 SH SOLE 935741 Getty Images Inc. COM 374276 10 3 3565 73300 SH SOLE 73300 Gladstone Investment Corp. COM 376546 10 7 17623 1185149 SH SOLE 1185149 Global Imaging Systems Inc. COM 37934A100 43711 2241605 SH SOLE 2241605 Greenfield Online Inc. COM 395150 10 5 30905 1943687 SH SOLE 1943687 HCC Insurance Holdings Inc. COM 404132 10 2 40370 1310704 SH SOLE 1310704 Hilb Rogal & Hobbs Company COM 431294 10 7 29190 595100 SH SOLE 595100 Home Depot Inc. COM 437076 10 2 53173 1447270 SH SOLE 1447270 Hudson City Bancorp Inc. COM 443683 10 7 88171 6445222 SH SOLE 6445222 infoUSA Inc. COM 456818 30 1 23140 2405453 SH SOLE 2405453 Interactive Data Corp. COM 45840J107 50890 2056155 SH SOLE 2056155 International Speedway Corp. CL A 460335 20 1 18059 349301 SH SOLE 349301 IVCI CORP CL B 450704 10 1 0 10000 SH SOLE 10000 Jackson Hewitt Tax Service Inc. COM 468202 10 6 31671 984180 SH SOLE 984180 Johnson & Johnson COM 478160 10 4 117797 1954813 SH SOLE 1954813 Jupitermedia Corp. COM 48207D101 23261 3513775 SH SOLE 3513775 Kayne Anderson Energy Development Co. COM 48660Q102 17368 697226 SH SOLE 697226 KKR Financial Corp. COM 482476 30 6 3226 117600 SH SOLE 117600 Kohlberg Capital Corp. COM 500233 10 1 8656 541000 SH SOLE 541000 Laboratory Corporation of America Holdings COM 50540R409 6704 92300 SH SOLE 92300 LECG Corp. COM 523234 10 2 2225 153640 SH SOLE 153640 M&T Bank Corp. COM 55261F104 1158 10000 SH SOLE 10000 McDonald's Corp. COM 580135 10 1 124551 2764717 SH SOLE 2764717 Merck & Co., Inc. COM 589331 10 7 2999 67900 SH SOLE 67900 Merit Medical Systems Inc. COM 589889 10 4 16111 1283738 SH SOLE 1283738 Microsoft Corp. COM 594918 10 4 106650 3826690 SH SOLE 3826690 Motorola Inc. COM 620076 10 9 28189 1595275 SH SOLE 1595275 NAVTEQ Corp. COM 63936L100 24819 719391 SH SOLE 719391 NGP Capital Resources Co. COM 62912R107 18244 1153984 SH SOLE 1153984 Nike, Inc. CL B 654106 10 3 48867 459885 SH SOLE 459885 NU Skin Enterprises Inc. CL A 67018T105 16869 1021137 SH SOLE 1021137 Nutraceutical International Corp. COM 67060Y101 16009 970237 SH SOLE 970237 Pfizer Inc. COM 717081 10 3 505 20000 SH SOLE 20000 Priceline.com Inc. COM 741503 40 3 37987 713236 SH SOLE 713236 Procter & Gamble Co. COM 742718 10 9 35283 558636 SH SOLE 558636 Quest Diagnostics Inc. COM 74834L100 33372 669177 SH SOLE 669177 Radio One Inc. CL D 75040P405 33870 5242995 SH SOLE 5242995 RC2 Corp. COM 749388 10 4 44566 1103386 SH SOLE 1103386 Rent-A-Center Inc. COM 76009N100 4426 158175 SH SOLE 158175 RLI Corp. COM 749607 10 7 23594 429533 SH SOLE 429533 Sabre Holding Corp. CL A 785905 10 0 8276 252700 SH SOLE 252700 Safenet Inc. COM 78645R107 29836 1054291 SH SOLE 1054291 School Specialty Inc. COM 807863 10 5 14779 409279 SH SOLE 409279 Speedway Motorsports Inc. COM 847788 10 6 26268 677890 SH SOLE 677890 Stratasys Inc. COM 862685 10 4 25697 601517 SH SOLE 601517 TALX Corp. COM 874918 10 5 5658 170773 SH SOLE 170773 Tempur-Pedic International Inc. COM 88023U101 58229 2240451 SH SOLE 2240451 Tim Hortons Inc. COM 88706M103 72463 2382100 SH SOLE 2382100 U.S. Gold Corp. COM 912023 20 7 42 10000 SH SOLE 10000 United Auto Group Inc. COM 909440 10 9 24107 1187534 SH SOLE 1187534 United Technologies Corporation COM 913017 10 9 54269 834900 SH SOLE 834900 VF Corp. COM 918204 10 8 4610 55800 SH SOLE 55800 W.W. Grainger Inc. COM 384802 10 4 3677 47600 SH SOLE 47600 Wachovia Corp. COM 929903 10 2 44403 806596 SH SOLE 806596 Wal-Mart Stores Inc. COM 931142 10 3 106555 2269539 SH SOLE 2269539 Walt Disney Co. COM 254687 10 6 43637 1267400 SH SOLE 1267400 Wells Fargo & Co. COM 949746 10 1 49250 1430427 SH SOLE 1430427 Wyeth COM 983024 10 0 61294 1225152 SH SOLE 1225152 Total $2,557,366,022.01 Count 81