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
ADOBE INC COM 00724F101   49,364,008 97,828 SH   SOLE   88,236 0 9,592
ADOBE INC COM 00724F101   35,322,000 70,000 SH Call SOLE   70,000 0 0
ALPHABET INC CAP STK CL A 02079K305   77,789,172 515,399 SH   SOLE   462,999 0 52,400
AMAZON COM INC COM 023135106   52,368,462 290,323 SH   SOLE   266,998 0 23,325
AON PLC SHS CL A G0403H108   70,880,459 212,395 SH   SOLE   189,477 0 22,918
APPLE INC COM 037833100   22,690,920 132,324 SH   SOLE   128,124 0 4,200
APPLE INC COM 037833100   34,296,000 200,000 SH Call SOLE   200,000 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   42,475,530 43,768 SH   SOLE   40,481 0 3,287
CANADIAN PACIFIC KANSAS CITY COM 13646K108   32,993,039 374,198 SH   SOLE   347,736 0 26,462
COPART INC COM 217204106   76,165,091 1,315,005 SH   SOLE   1,232,163 0 82,842
FAIR ISAAC CORP COM 303250104   63,396,463 50,733 SH   SOLE   45,645 0 5,088
FISERV INC COM 337738108   34,397,420 215,226 SH   SOLE   203,276 0 11,950
HDFC BANK LTD SPONSORED ADS 40415F101   20,600,934 368,071 SH   SOLE   341,316 0 26,755
INTUIT COM 461202103   63,360,700 97,478 SH   SOLE   91,278 0 6,200
ISHARES TR CORE US AGGBD ET 464287226   1,616,010 16,500 SH   SOLE   0 0 16,500
ISHARES TR PFD AND INCM SEC 464288687   1,256,970 39,000 SH   SOLE   0 0 39,000
MASTERCARD INCORPORATED CL A 57636Q104   59,982,432 124,556 SH   SOLE   116,556 0 8,000
META PLATFORMS INC CL A 30303M102   52,118,272 107,332 SH   SOLE   95,881 0 11,451
MICROSOFT CORP COM 594918104   85,062,011 202,182 SH   SOLE   182,768 0 19,414
MOODYS CORP COM 615369105   52,872,752 134,526 SH   SOLE   121,904 0 12,622
MSCI INC COM 55354G100   63,274,806 112,900 SH   SOLE   103,081 0 9,819
NIKE INC CL B 654106103   28,208,567 300,155 SH   SOLE   260,152 0 40,003
OREILLY AUTOMOTIVE INC COM 67103H107   41,240,243 36,532 SH   SOLE   33,936 0 2,596
S&P GLOBAL INC COM 78409V104   40,578,146 95,377 SH   SOLE   82,860 0 12,517
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102   793,650 13,000 SH   SOLE   0 0 13,000
THERMO FISHER SCIENTIFIC INC COM 883556102   48,216,019 82,958 SH   SOLE   75,616 0 7,342
UNITEDHEALTH GROUP INC COM 91324P102   68,039,555 137,537 SH   SOLE   128,996 0 8,541
UNITEDHEALTH GROUP INC COM 91324P102   49,470,000 100,000 SH Call SOLE   100,000 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409   3,401,640 44,000 SH   SOLE   0 0 44,000
VERISK ANALYTICS INC COM 92345Y106   10,103,387 42,860 SH   SOLE   42,860 0 0
VISA INC COM CL A 92826C839   51,557,238 184,740 SH   SOLE   158,670 0 26,070
WELLS FARGO CO NEW PERP PFD CNV A 949746804   1,950,960 1,600 SH   SOLE   0 0 1,600