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
ALTERA CORP COM 021441100 82,910 2,231,150 SH   DFND 1,533,350 0 697,800
ALTERA CORP COM 021441100 127,115 3,420,745 SH   DFND 1 2,838,644 0 582,101
ANALOG DEVICES INC COM 032654105 189,420 4,025,930 SH   DFND 1 3,340,430 0 685,500
ANALOG DEVICES INC COM 032654105 123,141 2,617,239 SH   DFND 1,795,279 0 821,960
BAIDU INC SPON ADR REP A 056752108 219,099 1,411,900 SH   DFND 1 1,171,900 0 240,000
BAIDU INC SPON ADR REP A 056752108 143,581 925,252 SH   DFND 638,252 0 287,000
BANCO BRADESCO S A SP ADR PFD NEW 059460303 27,476 1,979,518 SH   DFND 1,364,679 0 614,839
BANCO BRADESCO S A SP ADR PFD NEW 059460303 41,727 3,006,245 SH   DFND 1 2,496,385 0 509,860
BRINKS CO COM 109696104 34,995 1,236,567 SH   DFND 850,003 0 386,564
BRINKS CO COM 109696104 53,741 1,898,984 SH   DFND 1 1,575,341 0 323,643
COCA COLA CO COM 191216100 106,979 2,824,152 SH   DFND 1,933,222 0 890,930
COCA COLA CO COM 191216100 164,001 4,329,500 SH   DFND 1 3,592,600 0 736,900
COLGATE PALMOLIVE CO COM 194162103 42,535 717,280 SH   DFND 493,046 0 224,234
COLGATE PALMOLIVE CO COM 194162103 65,027 1,096,572 SH   DFND 1 910,772 0 185,800
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 102,860 2,682,150 SH   DFND 1 2,226,150 0 456,000
COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 67,707 1,765,510 SH   DFND 1,218,990 0 546,520
CREDIT ACCEP CORP MICH COM 225310101 20,178 182,096 SH   DFND 125,335 0 56,761
CREDIT ACCEP CORP MICH COM 225310101 30,982 279,597 SH   DFND 1 232,270 0 47,327
ECOLAB INC COM 278865100 152,878 1,547,971 SH   DFND 1 1,285,458 0 262,513
ECOLAB INC COM 278865100 99,779 1,010,320 SH   DFND 694,520 0 315,800
FIDELITY NATL INFORMATION SV COM 31620M106 151,146 3,254,651 SH   DFND 1 2,702,186 0 552,465
FIDELITY NATL INFORMATION SV COM 31620M106 98,362 2,118,040 SH   DFND 1,454,847 0 663,193
GOOGLE INC CL A 38259P508 141,109 161,100 SH   DFND 110,379 0 50,721
GOOGLE INC CL A 38259P508 216,664 247,359 SH   DFND 1 205,229 0 42,130
GRAINGER W W INC COM 384802104 35,251 134,694 SH   DFND 93,880 0 40,814
GRAINGER W W INC COM 384802104 54,862 209,628 SH   DFND 1 173,808 0 35,820
HARLEY DAVIDSON INC COM 412822108 139,501 2,171,559 SH   DFND 1,492,020 0 679,539
HARLEY DAVIDSON INC COM 412822108 214,129 3,333,270 SH   DFND 1 2,767,296 0 565,974
LKQ CORP COM 501889208 69,628 2,185,426 SH   DFND 1,501,949 0 683,477
LKQ CORP COM 501889208 106,735 3,350,122 SH   DFND 1 2,782,836 0 567,286
OPENTABLE INC COM 68372A104 214 3,059 SH   DFND 2,102 0 957
OPENTABLE INC COM 68372A104 332 4,741 SH   DFND 1 3,996 0 745
PHILIP MORRIS INTL INC COM 718172109 60,979 704,229 SH   DFND 1 584,229 0 120,000
PHILIP MORRIS INTL INC COM 718172109 39,647 457,872 SH   DFND 314,681 0 143,191
PRICELINE COM INC COM NEW 741503403 120,668 119,361 SH   DFND 82,021 0 37,340
PRICELINE COM INC COM NEW 741503403 185,273 183,266 SH   DFND 1 152,144 0 31,122
SOLERA HOLDINGS INC COM 83421A104 36,123 683,242 SH   DFND 467,686 0 215,556
SOLERA HOLDINGS INC COM 83421A104 55,189 1,043,864 SH   DFND 1 866,264 0 177,600
WATERS CORP COM 941848103 44,601 419,930 SH   DFND 288,630 0 131,300
WATERS CORP COM 941848103 68,504 644,985 SH   DFND 1 535,385 0 109,600
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 55,652 1,284,382 SH   DFND 1 1,064,282 0 220,100
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 36,462 841,488 SH   DFND 590,256 0 251,232