13F-HR 1 burg_16869.txt FORM 13-F 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, 2006 ------------- 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 July 10, 2006 _____________________ ________________________ ___________________ [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: 95 Form 13F Information Table Value Total: 2,328,722 --------- (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 - JUNE 30, 2006

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 Title of Market Total Investment Other Voting Name of Issuer Class Cusip Value Shares Decision Managers Authority (x$1000) ------------------------------------------------------------------------------------------------------------------------------ Abbott Laboratories COM 002824 10 0 45314 1039077 SH SOLE 1039077 Abercrombie & Fitch Co. CL A 002896 20 7 14498 261560 SH SOLE 261560 ACE Cash Express, Inc. COM 004403 10 1 26793 915360 SH SOLE 915360 Adesa Inc. Common COM 00686U104 9952 447500 SH SOLE 447500 Affiliated Computer Services Inc. CL A 008190 10 0 150 2900 SH SOLE 2900 Altria Group Inc. COM 02209S103 65315 889488 SH SOLE 889488 Anheuser-Busch Companies, Incorporated COM 035229 10 3 36 800 SH SOLE 800 Ares Capital Corporation COM 04010L103 22196 1311044 SH SOLE 1311044 AutoNation Inc. COM 05329W102 4483 209100 SH SOLE 209100 Belo Corp. COM SER A 080555 10 5 2081 133400 SH SOLE 133400 Berkshire Hathaway Inc. CL A 084670 10 8 51329 560 SH SOLE 560 Berkshire Hathaway Inc. CL B 084670 20 7 1099 361 SH SOLE 361 Bioscrip Inc. COM 09069N108 10783 2008020 SH SOLE 2008020 Briggs & Stratton Corporation COM 109043 10 9 31476 1011750 SH SOLE 1011750 CBS Corporation COM 124857 10 3 5691 210300 SH SOLE 210300 CBS Corporation CL B 124857 20 2 36152 1336500 SH SOLE 1336500 Citigroup Financial Canada Inc. COM 172967 10 1 77 1600 SH SOLE 1600 Comcast Corporation CL A SPL 20030N200 0 2 SH SOLE 2 Conagra Foods Incorporated COM 205887 10 2 44 2000 SH SOLE 2000 Digital Theater Systems Inc. COM 23335C101 27331 1403052 SH SOLE 1403052 Dell Inc. COM 24702R101 89048 3640550 SH SOLE 3640550 Walt Disney Company COM 254687 10 6 60 2000 SH SOLE 2000 Dollar Financial Corporation COM 256664 10 3 13129 729390 SH SOLE 729390 Emerson Electric Company COM 291011 10 4 84 1000 SH SOLE 1000 Expedia Incorporated COM 30212P105 3541 236200 SH SOLE 236200 Federated Investors Inc. CL B 314211 10 3 4794 152200 SH SOLE 152200 Fidelity National Title Group, Inc. COM 31620R105 287 14577 SH SOLE 14577 Fidelity National Financial, Inc. COM 316326 10 7 3239 83150 SH SOLE 83150 First Data Corporation COM 319963 10 4 53733 1193012 SH SOLE 1193012 Fossil, Inc. COM 349882 10 0 18035 1001382 SH SOLE 1001382 Furniture Brands International Inc. COM 360921 10 0 12150 583020 SH SOLE 583020 Arthur J. Gallagher & Co. COM 363576 10 9 17257 681010 SH SOLE 681010 Gladstone Investment Corporation COM 376546 10 7 19947 1329780 SH SOLE 1329780 Global Imaging Systems, Inc. COM 37934A100 45713 1107400 SH SOLE 1107400 Golden West Financial Corporation CL B 381317 10 6 30081 405400 SH SOLE 405400 Greenfield Online Inc. COM 395150 10 5 15934 2150300 SH SOLE 2150300 HCC Insurance Holdings. Inc. COM 404132 10 2 41885 1422720 SH SOLE 1422720 Hewlett-Packard Company COM 428236 10 3 95 3000 SH SOLE 3000 Home Depot Inc. COM 437076 10 2 55571 1552684 SH SOLE 1552684 Hudson City Bancorp Inc. COM 443683 10 7 100543 7542648 SH SOLE 7542648 IVCI CORP CL B 450704 10 1 0 10000 SH SOLE 10000 infoUSA Inc. COM 456818 30 1 19926 1932724 SH SOLE 1932724 Intel Corporation COM 458140 10 0 38 2000 SH SOLE 2000 Interactive Data Corporation COM 45840J107 44508 2215410 SH SOLE 2215410 International Speedway Corporation COM 460335 20 1 2434 52500 SH SOLE 52500 JPMorgan Chase & Co. COM 46625H100 84 2000 SH SOLE 2000 Jackson Hewitt Tax Service Inc. COM 468202 10 6 41778 1332630 SH SOLE 1332630 Johnson & Johnson COM 478160 10 4 104589 1745483 SH SOLE 1745483 KKR Financial Corp. COM 482476 30 6 5024 241400 SH SOLE 241400 K-Swiss Inc. CL A 482686 10 2 27823 1042044 SH SOLE 1042044 Kimberly-Clark Corporation COM 494368 10 3 37 600 SH SOLE 600 Laboratory Corporation of America Holdings COM 50540R409 4624 74300 SH SOLE 74300 Liz Claiborne, Inc. COM 539320 10 1 3652 98530 SH SOLE 98530 M&T Bank Corporation COM 55261F104 1179 10000 SH SOLE 10000 Macrovision Corporation COM 555904 10 1 11629 540400 SH SOLE 540400 Maidenform Brands, Incorporated COM 560305 10 4 13422 1088570 SH SOLE 1088570 Marsh & McLennan Companies Inc. COM 571748 10 2 54182 2014937 SH SOLE 2014937 McDonald's Corporation COM 580135 10 1 92587 2755570 SH SOLE 2755570 Merck & Co., Inc. COM 589331 10 7 2474 67900 SH SOLE 67900 Merit Medical Systems, Inc. COM 589889 10 4 19782 1437633 SH SOLE 1437633 Metrologic Instruments, Inc. COM 591676 10 1 25337 1688000 SH SOLE 1688000 Microsoft Corp. COM 594918 10 4 91985 3947860 SH SOLE 3947860 Motorola Inc. COM 620076 10 9 31513 1563900 SH SOLE 1563900 NBTY Inc. COM 628782 10 4 32632 1364800 SH SOLE 1364800 NGP Capital Resources Co. COM 62912R107 18831 1287180 SH SOLE 1287180 NU Skin Enterprises Inc. CL A 67018T105 16262 1095100 SH SOLE 1095100 Nutraceutical International Corporation COM 67060Y101 15373 1002790 SH SOLE 1002790 Pfizer Inc. COM 717081 10 3 24211 1031582 SH SOLE 1031582 Price T. Rowe Group COM 74144T108 34 900 SH SOLE 900 Priceline.com Incorporated COM 741503 40 3 23716 794240 SH SOLE 794240 The Procter & Gamble Company COM 742718 10 9 43960 790647 SH SOLE 790647 Quest Diagnostics Incorporated COM 74834L100 41528 693051 SH SOLE 693051 RC2 Corporation COM 749388 10 4 41813 1081560 SH SOLE 1081560 RLI Corp. COM 749607 10 7 22137 459455 SH SOLE 459455 Radio One Inc. CL D 75040P405 28312 3825963 SH SOLE 3825963 Rent-A-Center Inc. COM 76009N100 2227 89575 SH SOLE 89575 Rewards Network Inc. COM 761557 10 7 9955 1218440 SH SOLE 1218440 SK Telecom Co., Ltd. COM 78440P108 126 5400 SH SOLE 5400 Sabre Holding Corporation CL A 785905 10 0 3351 152300 SH SOLE 152300 Safenet Inc. COM 78645R107 20015 1129530 SH SOLE 1129530 School Specialty Inc. COM 807863 10 5 14605 458554 SH SOLE 458554 E.W. Scripps Company CL A 811054 20 4 29924 693659 SH SOLE 693659 Speedway Motorsports Inc. COM 847788 10 6 21302 564450 SH SOLE 564450 Stratasys, Inc. COM 862685 10 4 19865 674300 SH SOLE 674300 Tempur-Pedic International Inc. COM 88023U101 34383 2544970 SH SOLE 2544970 3M Co. COM 88579Y101 62584 774836 SH SOLE 774836 Time Warner Inc. COM 887317 10 5 55876 3229848 SH SOLE 3229848 UST Inc. COM 902911 10 6 131 2900 SH SOLE 2900 United Auto Group Inc. COM 909440 10 9 26841 1257200 SH SOLE 1257200 VF Corp COM 918204 10 8 3063 45100 SH SOLE 45100 Wal-Mart Stores, Inc. COM 931142 10 3 99460 2064771 SH SOLE 2064771 Wells Fargo & Company COM 949746 10 1 48799 727476 SH SOLE 727476 Wesco Financial Corporation COM 950817 10 6 38 100 SH SOLE 100 Wyeth COM 983024 10 0 55755 1255459 SH SOLE 1255459 Yankee Candle Company Inc. COM 984757 10 4 33081 1322720 SH SOLE 1322720 Total $2,328,722,268.93 Count 95