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   417,038 1,188,447 SH   SOLE   1,188,447 0 0
ALCON INC ORD SHS H01301128   515,316 6,597,064 SH   SOLE   6,597,064 0 0
ALLEGION PLC ORD SHS G0176J109   29,651 234,045 SH   SOLE   234,045 0 0
ANSYS INC COM 03662Q105   352,524 971,461 SH   SOLE   971,461 0 0
BOOKING HLDGS INC COM 09857L108   411,701 116,063 SH   SOLE   116,063 0 0
CADENCE DESIGN SYSTEM INC COM 127387108   164,100 602,490 SH   SOLE   602,490 0 0
COPART INC COM 217204106   103,738 2,117,112 SH   SOLE   2,117,112 0 0
EQUIFAX INC COM 294429105   164,850 666,628 SH   SOLE   666,628 0 0
LAUDER ESTEE COS INC CL A 518439104   273,645 1,871,074 SH   SOLE   1,871,074 0 0
FAIR ISAAC CORP COM 303250104   325,352 279,510 SH   SOLE   279,510 0 0
FERRARI N V COM N3167Y103   235,668 697,604 SH   SOLE   697,604 0 0
GENERAL ELECTRIC CO COM NEW 369604301   314,148 2,461,395 SH   SOLE   2,461,395 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104   410,945 3,199,759 SH   SOLE   3,199,759 0 0
INTUIT COM 461202103   312,151 499,418 SH   SOLE   499,418 0 0
LINDE PLC COM G54950103   223,013 542,993 SH   SOLE   0 0 542,993
MARRIOTT INTL INC NEW CL A 571903202   58,480 259,324 SH   SOLE   259,324 0 0
MARSH & MCLENNAN COS COM 571748102   223,810 1,181,242 SH   SOLE   1,181,242 0 0
MICROSOFT CORP COM 594918104   419,492 1,115,552 SH   SOLE   1,115,552 0 0
MOODYS CORP COM 615369105   278,388 712,793 SH   SOLE   712,793 0 0
MSCI INC COM 55354G100   51,481 91,012 SH   SOLE   91,012 0 0
NIKE INC CL B 654106103   202,641 1,866,456 SH   SOLE   1,866,456 0 0
OTIS WORLDWIDE CORP COM 68902V107   131,647 1,471,409 SH   SOLE   1,471,409 0 0
PROCTER AND GAMBLE CO COM 742718109   115,175 785,965 SH   SOLE   785,965 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   87,016 163,937 SH   SOLE   0 0 163,937
UNITED RENTALS INC COM 911363109   145,132 253,099 SH   SOLE   253,099 0 0
VISA INC COM CL A 92826C839   429,297 1,648,924 SH   SOLE   1,648,924 0 0
WARNER MUSIC GROUP CORP COM CL A 934550203   133,481 3,729,554 SH   SOLE   3,729,554 0 0
WATERS CORP COM 941848103   254,140 771,922 SH   SOLE   771,922 0 0
ZOETIS INC CL A 98978V103   242,152 1,226,892 SH   SOLE   1,226,892 0 0