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
Estimated average burden
hours per response: 23.8
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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   444,931 1,448,769 SH   SOLE   1,448,769 0 0
ALCON INC ORD SHS H01301128   504,569 6,524,694 SH   SOLE   6,524,694 0 0
ALLEGION PLC ORD SHS G0176J109   128,879 1,236,845 SH   SOLE   1,236,845 0 0
ANSYS INC COM 03662Q105   263,913 886,953 SH   SOLE   886,953 0 0
BOOKING HLDGS INC COM 09857L108   404,494 131,161 SH   SOLE   131,161 0 0
CADENCE DESIGN SYSTEM INC COM 127387108   144,892 618,403 SH   SOLE   618,403 0 0
COPART INC COM 217204106   239,197 5,551,110 SH   SOLE   5,551,110 0 0
EQUIFAX INC COM 294429105   93,373 509,736 SH   SOLE   509,736 0 0
LAUDER ESTEE COS INC CL A 518439104   66,808 462,177 SH   SOLE   462,177 0 0
FAIR ISAAC CORP COM 303250104   304,875 351,024 SH   SOLE   351,024 0 0
FERRARI N V COM N3167Y103   239,028 807,909 SH   SOLE   807,909 0 0
GENERAL ELECTRIC CO COM NEW 369604301   215,244 1,947,026 SH   SOLE   1,947,026 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104   403,186 3,664,664 SH   SOLE   3,664,664 0 0
INTUIT COM 461202103   295,922 579,171 SH   SOLE   579,171 0 0
LINDE PLC COM G54950103   223,102 599,172 SH   SOLE   0 0 599,172
MARRIOTT INTL INC NEW CL A 571903202   52,277 265,957 SH   SOLE   265,957 0 0
MARSH & MCLENNAN COS COM 571748102   166,945 877,275 SH   SOLE   877,275 0 0
MICROSOFT CORP COM 594918104   310,261 982,616 SH   SOLE   982,616 0 0
MOODYS CORP COM 615369105   231,256 731,429 SH   SOLE   731,429 0 0
OTIS WORLDWIDE CORP COM 68902V107   177,278 2,207,420 SH   SOLE   2,207,420 0 0
PROCTER AND GAMBLE CO COM 742718109   134,475 921,946 SH   SOLE   921,946 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   171,302 338,427 SH   SOLE   0 0 338,427
UNITED RENTALS INC COM 911363109   115,466 259,725 SH   SOLE   259,725 0 0
VISA INC COM CL A 92826C839   436,206 1,896,466 SH   SOLE   1,896,466 0 0
WARNER MUSIC GROUP CORP COM CL A 934550203   63,940 2,036,295 SH   SOLE   2,036,295 0 0
WATERS CORP COM 941848103   129,362 471,764 SH   SOLE   471,764 0 0
ZOETIS INC CL A 98978V103   169,049 971,655 SH   SOLE   971,655 0 0