The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Alibaba Group Holding Ltd SPN ADS 8 ORD SHS 01609W102   20,958 238,000 SH   SOLE   238,000 0 0
Becton Dickinson and Co Common 075887109   37,153 146,100 SH   SOLE   146,100 0 0
Charter Communications Inc CL A 16119P108   43,704 128,900 SH   SOLE   128,900 0 0
Ecolab Inc Common 278865100   20,904 143,610 SH   SOLE   143,610 0 0
Fastenal Co Common 311900104   42,573 900,056 SH   SOLE   900,056 0 0
Fortis Inc Common 349553107   17,240 431,700 SH   SOLE   431,700 0 0
Microsoft Corp Common 594918104   64,875 270,517 SH   SOLE   270,517 0 0
Moody's Corp Common 615369105   29,536 106,050 SH   SOLE   106,050 0 0
Oracle Corp Common 68389X105   76,304 933,500 SH   SOLE   933,500 0 0
Philip Morris International Inc Common 718172109   59,409 586,813 SH   SOLE   586,813 0 0
Texas Instruments Inc Common 882508104   67,488 408,500 SH   SOLE   408,500 0 0
Thermo Fisher Scientific Inc Common 883556102   55,217 100,267 SH   SOLE   100,267 0 0
Watsco Inc Common 942622200   68,323 273,784 SH   SOLE   273,784 0 0