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
ADOBE INC COM 00724F101 4,815 14,600 SH   DFND 2 14,600 0 0
ADVANCED DRAIN SYS INC DEL COM 00790R104 6,327 162,900 SH   DFND 2 162,900 0 0
AMAZON COM INC COM 023135106 6,467 3,500 SH   DFND 2 3,500 0 0
ATLASSIAN CORP PLC CL A G06242104 5,355 44,500 SH   DFND 2 44,500 0 0
AUTODESK INC COM 052769106 6,311 34,400 SH   DFND 2 34,400 0 0
BLACK KNIGHT INC COM 09215C105 3,469 53,800 SH   DFND 2 53,800 0 0
COSTAR GROUP INC COM 22160N109 2,214 3,700 SH   DFND 2 3,700 0 0
COSTCO WHSL CORP NEW COM 22160K105 558 1,900 SH   DFND 2 1,900 0 0
FAIR ISAAC CORP COM 303250104 5,171 13,800 SH   DFND 2 13,800 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 2,129 7,400 SH   DFND 2 7,400 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 4,072 37,100 SH   DFND 2 37,100 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 3,582 32,300 SH   DFND 2 32,300 0 0
MASTERCARD INC CL A 57636Q104 8,659 29,000 SH   DFND 2 29,000 0 0
MSCI INC COM 55354G100 2,814 10,900 SH   DFND 2 10,900 0 0
PAYPAL HLDGS INC COM 70450Y103 6,793 62,800 SH   DFND 2 62,800 0 0
SERVICENOW INC COM 81762P102 6,776 24,000 SH   DFND 2 24,000 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 7,187 9,200 SH   DFND 2 9,200 0 0
TRADEWEB MKTS INC CL A 892672106 5,854 126,301 SH   DFND 2 126,301 0 0
TRANSDIGM GROUP INC COM 893641100 8,904 15,900 SH   DFND 2 15,900 0 0
TRANSUNION COM 89400J107 5,607 65,500 SH   DFND 2 65,500 0 0
VAIL RESORTS INC COM 91879Q109 4,459 18,594 SH   DFND 2 18,594 0 0
VISA INC COM CL A 92826C839 8,061 42,900 SH   DFND 2 42,900 0 0
WIX COM LTD SHS M98068105 1,138 9,300 SH   DFND 2 9,300 0 0
YUM BRANDS INC COM 988498101 1,128 11,200 SH   DFND 2 11,200 0 0