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   370,141 1,219,936 SH   SOLE   1,219,936 0 0
ALCON INC ORD SHS H01301128   568,071 6,371,303 SH   SOLE   6,371,303 0 0
AMAZON COM INC COM 023135106   181,076 937,004 SH   SOLE   937,004 0 0
ANALOG DEVICES INC COM 032654105   212,035 928,920 SH   SOLE   928,920 0 0
BOOKING HLDGS INC COM 09857L108   341,501 86,205 SH   SOLE   86,205 0 0
CADENCE DESIGN SYSTEM INC COM 127387108   93,374 303,409 SH   SOLE   303,409 0 0
CANADIAN NATL RY CO COM 136375102   1,141 9,658 SH   SOLE   9,658 0 0
COPART INC COM 217204106   128,332 2,369,500 SH   SOLE   2,369,500 0 0
EQUIFAX INC COM 294429105   168,744 695,966 SH   SOLE   695,966 0 0
LAUDER ESTEE COS INC CL A 518439104   150,011 1,409,881 SH   SOLE   1,409,881 0 0
FAIR ISAAC CORP COM 303250104   472,996 317,733 SH   SOLE   317,733 0 0
FERRARI N V COM N3167Y103   275,450 675,090 SH   SOLE   675,090 0 0
GENERAL ELECTRIC CO COM NEW 369604301   452,919 2,849,084 SH   SOLE   2,849,084 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104   365,604 2,670,788 SH   SOLE   2,670,788 0 0
INTUIT COM 461202103   390,716 594,507 SH   SOLE   594,507 0 0
LINDE PLC COM G54950103   155,576 354,541 SH   SOLE   0 0 354,541
MARSH & MCLENNAN COS COM 571748102   313,337 1,486,981 SH   SOLE   1,486,981 0 0
MICROSOFT CORP COM 594918104   541,302 1,211,103 SH   SOLE   1,211,103 0 0
MOODYS CORP COM 615369105   314,342 746,780 SH   SOLE   746,780 0 0
MSCI INC COM 55354G100   222,415 461,682 SH   SOLE   461,682 0 0
PROCTER AND GAMBLE CO COM 742718109   174,961 1,060,884 SH   SOLE   1,060,884 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   289,909 524,248 SH   SOLE   0 0 524,248
VISA INC COM CL A 92826C839   349,073 1,329,954 SH   SOLE   1,329,954 0 0
WARNER MUSIC GROUP CORP COM CL A 934550203   228,766 7,463,807 SH   SOLE   7,463,807 0 0
WARTERS CORP COM 941848103   254,915 878,652 SH   SOLE   878,652 0 0
ZOETIS INC CL A 98978V103   259,206 1,495,188 SH   SOLE   1,495,188 0 0