SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Compass Group Investments, Inc. (Last) (First) (Middle) BAYSIDE EXECUTIVE PARK WEST BAY STREET & BLAKE ROAD (Street) NASSAU C5 00000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Compass Diversified Trust [ CODI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 07/01/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Shares(1)	07/01/2007		J(2)		2,200,000	D	$0.00	7,025,000	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Compass Group Investments, Inc. (Last) (First) (Middle) BAYSIDE EXECUTIVE PARK WEST BAY STREET & BLAKE ROAD (Street) NASSAU C5 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NAVCO Management, Inc. (Last) (First) (Middle) BAYSIDE HOUSE, BAYSIDE EXECUTIVE PARK P.O. BOX AP - 59214 (Street) NASSAU C5 59214 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* CGI Diversified Holdings, LP (Last) (First) (Middle) BAYSIDE HOUSE, BAYSIDE EXECUTIVE PARK P.O. BOX AP - 59214 (Street) NASSAU C5 59214 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Each Share represents one undivided beneficial interest in the Trust property and corresponds to one trust interest of Compass Group Diversified Holdings LLC held by the Trust.

2. CGI Diversified Holdings, LP distributed 2,200,000 Shares to Compass Group Investments, Inc. which subsequently transferred such Shares by dividend to Concord Equity Inc. The Kattegat Trust Company Limited indirectly owns Compass Group Investments, Inc. and Concord Equity Inc. See also footnote (3).

3. Compass Group Investments, Inc. is making this joint filing on Form 4 on its behalf and as the designated beneficial owner on behalf of Navco Management, Inc. and CGI Diversified Holdings, LP. CGI Diversified Holdings, LP is the record and beneficial owner of the 7,025,000 Shares. CGI Diversified Holdings, LP is controlled by Navco Management, Inc., its general partner, and Compass Group Investments, Inc., its sole limited partner. As a result, each of Navco Management, Inc. and Compass Group Investments, Inc. may be deemed to beneficially own the Shares held by CGI Diversified Holdings, LP. CGI Diversified Holdings, LP, Compass Group Investments, Inc., Navco Management, Inc. and Concord Equity, Inc. are indirectly owned by The Kattegat Trust Company Limited. The filing of this Form 4 shall not be construed as an admission that The Kattegat Trust Company Limited is, for any purpose, the beneficial owner of any Shares.

Remarks:

	/s/ Lindsey Cancino, Director	07/02/2007
	/s/ Lindsay Cancino, Director, Navco Management, Inc., it's general partner	07/02/2007
	Lindsey Cancino, Director	07/02/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.