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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE COM 00287Y109 5,439 61,433 SH   SOLE   0 0 61,433
ACCENTURE PLC SHS CL A G1150G111 17,052 80,982 SH   SOLE   0 0 80,982
ALASKA AIR GROUP COM 011659109 234 3,459 SH   SOLE   0 0 3,459
AMETEK COM 031100100 9,562 95,877 SH   SOLE   0 0 95,877
AMGEN COM 031162100 17,347 71,960 SH   SOLE   0 0 71,960
AMPHENOL COM 032095101 15,125 139,756 SH   SOLE   0 0 139,756
AON PLC SH CL A G0408V102 16,077 77,187 SH   SOLE   0 0 77,187
APPLE COM 037833100 23,220 79,074 SH   SOLE   0 0 79,074
C H ROBINSON WORLDWIDE COM 12541W209 562 7,196 SH   SOLE   0 0 7,196
CADENCE DESIGN SYSTEM COM 127387108 707 10,205 SH   SOLE   0 0 10,205
CANADIAN NATL RAILWAY COM 136375102 8,023 88,703 SH   SOLE   0 0 88,703
CASEY'S GENERAL STORES COM 147528103 722 4,547 SH   SOLE   0 0 4,547
CBRE GROUP INC COM 12504L109 2,395 39,083 SH   SOLE   0 0 39,083
CHURCHILL DOWNS INC COM 171484108 342 2,498 SH   SOLE   0 0 2,498
COGNIZANT TECH COM 192446102 9,056 146,031 SH   SOLE   0 0 146,031
COPART COM 217204106 19,012 209,066 SH   SOLE   0 0 209,066
CRACKER BARREL COM 22410J106 8,305 54,024 SH   SOLE   0 0 54,024
CREDIT ACCEPTANCE COM 225310101 3,539 8,003 SH   SOLE   0 0 8,003
DELTA AIR LINES COM 247361108 1,193 20,412 SH   SOLE   0 0 20,412
DELUXE COM 248019101 1,068 21,399 SH   SOLE   0 0 21,399
DIAGEO PLC ADR SPON ADR 25243Q205 9,023 53,577 SH   SOLE   0 0 53,577
DOLLAR TREE STORES COM 256747106 5,838 62,078 SH   SOLE   0 0 62,078
EATON VANCE COM 278265103 9,835 210,646 SH   SOLE   0 0 210,646
EXPEDITORS INTL COM 302130109 8,163 104,633 SH   SOLE   0 0 104,633
F5 NETWORKS COM 315616102 689 4,937 SH   SOLE   0 0 4,937
FACTSET RESEARCH SYSTEMS COM 303075105 3,120 11,630 SH   SOLE   0 0 11,630
FISERV COM 337738108 319 2,765 SH   SOLE   0 0 2,765
FRANKLIN RESOURCES COM 354613101 217 8,380 SH   SOLE   0 0 8,380
GENPACT LTD COM G3922B107 283 6,726 SH   SOLE   0 0 6,726
GLOBAL PAYMENTS COM 37940X102 13,776 75,462 SH   SOLE   0 0 75,462
GLOBE LIFE INC COM 37959E102 990 9,411 SH   SOLE   0 0 9,411
GRACO COM 384109104 15,281 293,880 SH   SOLE   0 0 293,880
HENRY SCHEIN COM 806407102 5,308 79,570 SH   SOLE   0 0 79,570
ICON PLC COM G4705A100 4,257 24,721 SH   SOLE   0 0 24,721
INTEL COM 458140100 2,822 47,158 SH   SOLE   0 0 47,158
KELLOGG COM 487836108 2,272 32,856 SH   SOLE   0 0 32,856
KIMBERLY-CLARK COM 494368103 2,836 20,625 SH   SOLE   0 0 20,625
LEAR COM 521865105 3,308 24,116 SH   SOLE   0 0 24,116
LILLY (ELI) & CO COM 532457108 4,245 32,306 SH   SOLE   0 0 32,306
LOWES COM 548661107 1,773 14,810 SH   SOLE   0 0 14,810
MARSH & MC LENNAN COM 571748102 10,799 96,933 SH   SOLE   0 0 96,933
MASTERCARD COM 57636Q104 26,720 89,488 SH   SOLE   0 0 89,488
MC CORMICK COM 579780206 23,941 141,055 SH   SOLE   0 0 141,055
METTLER-TOLEDO COM 592688105 1,761 2,221 SH   SOLE   0 0 2,221
MICROSOFT COM 594918104 19,426 123,185 SH   SOLE   0 0 123,185
NEWMARKET COM 651587107 12,304 25,290 SH   SOLE   0 0 25,290
NIKE COM 654106103 13,313 131,418 SH   SOLE   0 0 131,418
NORTHROP GRUMMAN COM 666807102 669 1,947 SH   SOLE   0 0 1,947
NOVO-NORDISK ADR ADR 670100205 9,319 161,018 SH   SOLE   0 0 161,018
ORACLE COM 68389X105 12,422 234,467 SH   SOLE   0 0 234,467
O'REILLY AUTOMOTIVE COM 67103H107 9,770 22,293 SH   SOLE   0 0 22,293
PACKAGING CORP COM 695156109 10,971 97,973 SH   SOLE   0 0 97,973
PEPSICO COM 713448108 13,503 98,801 SH   SOLE   0 0 98,801
POLARIS INDUSTRIES COM 731068102 6,717 66,052 SH   SOLE   0 0 66,052
PRICE T ROWE GROUP COM 74144T108 686 5,633 SH   SOLE   0 0 5,633
PROGRESSIVE COM 743315103 672 9,292 SH   SOLE   0 0 9,292
RAYTHEON COM 755111507 5,022 22,856 SH   SOLE   0 0 22,856
ROBERT HALF INTL COM 770323103 3,032 48,016 SH   SOLE   0 0 48,016
ROLLINS COM 775711104 11,016 332,234 SH   SOLE   0 0 332,234
ROSS STORES COM 778296103 14,469 124,290 SH   SOLE   0 0 124,290
S E I INVESTMENTS COM 784117103 16,306 249,034 SH   SOLE   0 0 249,034
SERVICE CORP INTL COM 783890106 535 11,637 SH   SOLE   0 0 11,637
SHERWIN WILLIAMS COM 824348106 3,757 6,439 SH   SOLE   0 0 6,439
SILGAN HOLDINGS COM 827048109 2,798 90,041 SH   SOLE   0 0 90,041
SNAP ON COM 833034101 614 3,627 SH   SOLE   0 0 3,627
STRYKER COM 863667101 7,585 36,133 SH   SOLE   0 0 36,133
TAIWAN SEMICONDUCTOR ADR ADR 874039100 2,516 43,306 SH   SOLE   0 0 43,306
TJX COMPANIES COM 872540109 14,576 238,732 SH   SOLE   0 0 238,732
TORO COM 891092108 15,886 199,401 SH   SOLE   0 0 199,401
UNITED PARCEL SERVICE COM 911312106 1,462 12,494 SH   SOLE   0 0 12,494
UNITEDHEALTH GROUP COM 91324P102 6,170 20,991 SH   SOLE   0 0 20,991
VARIAN MEDICAL SYSTEMS COM 92220P105 11,274 79,390 SH   SOLE   0 0 79,390
VISA COM 92826C839 954 5,081 SH   SOLE   0 0 5,081