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 117,809 3,389,219 SH   DFND 1 2,507,104 0 882,115
ALTERA CORP COM 021441100 77,717 2,235,824 SH   DFND 1,569,950 0 665,874
AMBEV SA SPONSORED ADR 02319V103 82,618 11,735,550 SH   DFND 8,237,950 0 3,497,600
AMBEV SA SPONSORED ADR 02319V103 125,373 17,808,628 SH   DFND 1 13,151,553 0 4,657,075
ANALOG DEVICES INC COM 032654105 142,136 2,628,739 SH   DFND 1,844,279 0 784,460
ANALOG DEVICES INC COM 032654105 215,676 3,988,834 SH   DFND 1 2,951,374 0 1,037,460
BAIDU INC SPON ADR REP A 056752108 260,325 1,393,526 SH   DFND 1 1,030,476 0 363,050
BAIDU INC SPON ADR REP A 056752108 172,454 923,152 SH   DFND 649,252 0 273,900
BLOCK H & R INC COM 093671105 31,760 947,497 SH   DFND 665,018 0 282,479
BLOCK H & R INC COM 093671105 48,376 1,443,212 SH   DFND 1 1,064,758 0 378,454
BRINKS CO COM 109696104 34,968 1,239,111 SH   DFND 870,203 0 368,908
BRINKS CO COM 109696104 53,212 1,885,598 SH   DFND 1 1,394,543 0 491,055
COCA COLA CO COM 191216100 83,150 1,962,944 SH   DFND 1 1,448,100 0 514,844
COCA COLA CO COM 191216100 54,766 1,292,864 SH   DFND 907,822 0 385,042
COLGATE PALMOLIVE CO COM 194162103 6,563 96,258 SH   DFND 1 0 0 96,258
CREDIT ACCEP CORP MICH COM 225310101 33,885 275,260 SH   DFND 1 203,575 0 71,685
CREDIT ACCEP CORP MICH COM 225310101 22,485 182,660 SH   DFND 128,495 0 54,165
ECOLAB INC COM 278865100 170,572 1,531,992 SH   DFND 1 1,134,268 0 397,724
ECOLAB INC COM 278865100 112,560 1,010,953 SH   DFND 709,578 0 301,375
FIDELITY NATL INFORMATION SV COM 31620M106 276,439 5,050,036 SH   DFND 1 3,731,042 0 1,318,994
FIDELITY NATL INFORMATION SV COM 31620M106 181,725 3,319,776 SH   DFND 2,326,647 0 993,129
GOOGLE INC CL A 38259P508 119,543 204,463 SH   DFND 143,349 0 61,114
GOOGLE INC CL A 38259P508 182,384 311,943 SH   DFND 1 230,516 0 81,427
GOOGLE INC CL C 38259P706 92,944 161,563 SH   DFND 113,149 0 48,414
GOOGLE INC CL C 38259P706 140,991 245,083 SH   DFND 1 181,256 0 63,827
GRAINGER W W INC COM 384802104 102,594 403,484 SH   DFND 282,970 0 120,514
GRAINGER W W INC COM 384802104 156,381 615,020 SH   DFND 1 454,300 0 160,720
HARLEY DAVIDSON INC COM 412822108 174,595 2,499,571 SH   DFND 1,753,120 0 746,451
HARLEY DAVIDSON INC COM 412822108 265,733 3,804,342 SH   DFND 1 2,808,610 0 995,732
MSC INDL DIRECT INC CL A 553530106 36,586 382,539 SH   DFND 268,045 0 114,494
MSC INDL DIRECT INC CL A 553530106 55,980 585,325 SH   DFND 1 433,027 0 152,298
PRICELINE GRP INC COM NEW 741503403 1,023 850 SH   DFND 1 0 0 850
SIRONA DENTAL SYSTEMS INC COM 82966C103 81,311 986,068 SH   DFND 691,332 0 294,736
SIRONA DENTAL SYSTEMS INC COM 82966C103 124,146 1,505,532 SH   DFND 1 1,112,723 0 392,809
SOLERA HOLDINGS INC COM 83421A104 73,093 1,088,499 SH   DFND 762,636 0 325,863
SOLERA HOLDINGS INC COM 83421A104 111,236 1,656,526 SH   DFND 1 1,224,369 0 432,157
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 174,957 4,040,582 SH   DFND 1 2,983,982 0 1,056,600
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 114,770 2,650,588 SH   DFND 1,858,356 0 792,232