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
ADOBE SYSTEMS INCORPORATED COM 00724F101   38,442,199 99,754 SH   SOLE   85,630 0 14,124
ADVANCED MICRO DEVICES INC COM 007903107   20,569,850 209,875 SH   SOLE   190,416 0 19,459
ALPHABET INC CAP STK CL A 02079K305   45,545,147 439,074 SH   SOLE   370,449 0 68,625
AMAZON COM INC COM 023135106   25,913,499 250,881 SH   SOLE   227,556 0 23,325
AON PLC SHS CL A G0403H108   47,179,996 149,640 SH   SOLE   124,100 0 25,540
APPLE INC COM 037833100   15,665,500 95,000 SH   SOLE   95,000 0 0
APPLE INC COM 037833100   24,735,000 150,000 SH Put SOLE   150,000 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   7,777,112 11,425 SH   SOLE   9,517 0 1,908
AUTOMATIC DATA PROCESSING IN COM 053015103   1,781,040 8,000 SH   SOLE   8,000 0 0
CANADIAN PAC RY LTD COM 13645T100   2,308,200 30,000 SH   SOLE   30,000 0 0
CBRE GROUP INC CL A 12504L109   6,116,040 84,000 SH   SOLE   84,000 0 0
COPART INC COM 217204106   39,860,248 529,986 SH   SOLE   487,621 0 42,365
FAIR ISAAC CORP COM 303250104   24,239,995 34,496 SH   SOLE   29,115 0 5,381
FISERV INC COM 337738108   23,744,778 210,075 SH   SOLE   197,311 0 12,764
HDFC BANK LTD SPONSORED ADS 40415F101   8,012,066 120,175 SH   SOLE   80,056 0 40,119
INTUIT COM 461202103   39,943,694 89,594 SH   SOLE   80,555 0 9,039
ISHARES TR 20 YR TR BD ETF 464287432   74,459,000 700,000 SH Put SOLE   700,000 0 0
ISHARES TR CORE US AGGBD ET 464287226   1,644,060 16,500 SH   SOLE   0 0 16,500
ISHARES TR PFD AND INCM SEC 464288687   936,600 30,000 SH   SOLE   0 0 30,000
LINDE PLC SHS G54950103   3,909,840 11,000 SH   SOLE   11,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104   33,146,627 91,210 SH   SOLE   83,210 0 8,000
META PLATFORMS INC CL A 30303M102   13,820,396 65,209 SH   SOLE   54,496 0 10,713
MICROSOFT CORP COM 594918104   54,499,367 189,037 SH   SOLE   154,826 0 34,211
MICROSOFT CORP COM 594918104   28,830,000 100,000 SH Put SOLE   100,000 0 0
MOODYS CORP COM 615369105   30,658,613 100,185 SH   SOLE   89,104 0 11,081
MSCI INC COM 55354G100   44,246,294 79,055 SH   SOLE   71,591 0 7,464
NIKE INC CL B 654106103   30,003,140 244,644 SH   SOLE   205,190 0 39,454
OREILLY AUTOMOTIVE INC COM 67103H107   22,317,137 26,287 SH   SOLE   22,442 0 3,845
PAGSEGURO DIGITAL LTD COM CL A G68707101   2,999,500 350,000 SH   SOLE   350,000 0 0
PAYPAL HLDGS INC COM 70450Y103   7,594,000 100,000 SH   SOLE   100,000 0 0
S&P GLOBAL INC COM 78409V104   20,556,566 59,624 SH   SOLE   51,324 0 8,300
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102   717,750 15,000 SH   SOLE   0 0 15,000
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803   30,202,000 200,000 SH Put SOLE   200,000 0 0
SERVICENOW INC COM 81762P102   11,618,000 25,000 SH   SOLE   25,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102   40,805,784 86,345 SH   SOLE   78,892 0 7,453
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   3,659,040 48,000 SH   SOLE   0 0 48,000
VERISK ANALYTICS INC COM 92345Y106   7,098,820 37,000 SH   SOLE   37,000 0 0
VISA INC COM CL A 92826C839   23,908,680 106,044 SH   SOLE   81,508 0 24,536
WASTE MGMT INC DEL COM 94106L109   1,631,700 10,000 SH   SOLE   10,000 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804   1,882,000 1,600 SH   SOLE   0 0 1,600