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
AERCAP HOLDINGS NV common N00985106   30,418,500 350,000 SH   SOLE   350,000 0 0
ALPHABET INC Class A 02079K305   67,918,500 450,000 SH   SOLE   450,000 0 0
AMAZON COM INC Common 023135106   40,585,500 225,000 SH   SOLE   225,000 0 0
AMERICAN EXPRESS CO Common 025816109   45,538,000 200,000 SH   SOLE   200,000 0 0
ANALOG DEVICES INC Common 032654105   79,116,000 400,000 SH   SOLE   400,000 0 0
AON PLC Class A G0403H108   50,058,000 150,000 SH   SOLE   150,000 0 0
BRADY CORP Class A 104674106   11,856,000 200,000 SH   SOLE   200,000 0 0
CAPITAL ONE FINL CORP Common 14040H105   44,667,000 300,000 SH   SOLE   300,000 0 0
HESS CORP Common 42809H107   47,318,400 310,000 SH   SOLE   310,000 0 0
COHERENT CORP Common 19247G107   24,248,000 400,000 SH   SOLE   400,000 0 0
INTEL CORP Common 458140100   17,668,000 400,000 SH   SOLE   400,000 0 0
JOHNSON & JOHNSON Common 478160104   14,237,100 90,000 SH   SOLE   90,000 0 0
JPMORGAN CHASE & CO Common 46625H100   40,060,000 200,000 SH   SOLE   200,000 0 0
KEYSIGHT TECHNOLOGIES INC Common 49338L103   31,276,000 200,000 SH   SOLE   200,000 0 0
MEDTRONIC PLC Common G5960L103   16,122,750 185,000 SH   SOLE   185,000 0 0
MERCADOLIBRE INC Common 58733R102   19,655,480 13,000 SH   SOLE   13,000 0 0
MERCK & CO INC Common 58933Y105   26,390,000 200,000 SH   SOLE   200,000 0 0
META PLATFORMS INC Class A 30303M102   48,558,000 100,000 SH   SOLE   100,000 0 0
MICROSOFT CORP Common 594918104   33,657,600 80,000 SH   SOLE   80,000 0 0
MOTOROLA SOLUTIONS INC Common 620076307   53,247,000 150,000 SH   SOLE   150,000 0 0
PROGRESSIVE CORP Common 743315103   89,966,700 435,000 SH   SOLE   435,000 0 0
RAYONIER INC Common 754907103   33,240,000 1,000,000 SH   SOLE   1,000,000 0 0
ROPER TECHNOLOGIES INC Common 776696106   30,285,360 54,000 SH   SOLE   54,000 0 0
SCHWAB CHARLES CORP Common 808513105   50,638,000 700,000 SH   SOLE   700,000 0 0
TELEDYNE TECHNOLOGIES INC common 879360105   20,536,952 47,836 SH   SOLE   47,836 0 0
VISA INC Common Class A 92826C839   18,140,200 65,000 SH   SOLE   65,000 0 0
WOLFSPEED INC Common 977852102   5,015,000 170,000 SH   SOLE   170,000 0 0