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
ADVANCED DRAIN SYS INC DEL COM 00790R104 BBG000G7CDN9 33,520,868 208,996 SH   SOLE   208,996 0 0
ALPHABET INC CAP STK CL C 02079K107 BBG009S3NB30 28,552,808 155,669 SH   SOLE   155,669 0 0
CARMAX INC COM 143130102 BBG000BLMZK6 33,972,922 463,225 SH   SOLE   463,225 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 BBG000D0SMY8 71,103,733 1,259,811 SH   SOLE   1,259,811 0 0
CREDIT ACCEP CORP MICH COM 225310101 BBG000CS0D96 50,510,695 98,140 SH   SOLE   98,140 0 0
DEXCOM INC COM 252131107 BBG000QTF8K1 64,343,150 567,500 SH   SOLE   567,500 0 0
ELEVANCE HEALTH INC COM 036752103 BBG000BCG930 57,178,693 105,523 SH   SOLE   105,523 0 0
EUROPEAN WAX CTR INC CLASS A COM 29882P106 BBG011RWTYW5 28,273,063 2,847,237 SH   SOLE   2,847,237 0 0
FISERV INC COM 337738108 BBG000BJKPG0 53,795,392 360,946 SH   SOLE   360,946 0 0
GRUPO TELEVISA S A B SPON ADR REP ORD 40049J206 BBG000BJDPF9 26,822,054 9,683,052 SH   SOLE   9,683,052 0 0
KNIFE RIVER CORP COMMON STOCK 498894104 BBG002N3N2R4 45,235,110 644,926 SH   SOLE   644,926 0 0
META PLATFORMS INC CL A 30303M102 BBG000MM2P62 54,166,842 107,427 SH   SOLE   107,427 0 0
MICROSOFT CORP COM 594918104 BBG000BPH459 33,995,911 76,062 SH   SOLE   76,062 0 0
PHILIP MORRIS INTL INC COM 718172109 BBG000J2XL74 17,062,249 168,383 SH   SOLE   168,383 0 0
PROLOGIS INC. COM 74340W103 BBG000B9Z0J8 35,403,706 315,232 SH   SOLE   315,232 0 0
RENTOKIL INITIAL PLC SPONSORED ADR 760125104 BBG000BVPG41 26,406,972 890,623 SH   SOLE   890,623 0 0
RUBRIK INC. CL A 781154109 BBG008D32605 229,950 7,500 SH   SOLE   7,500 0 0
SOTERA HEALTH CO COM 83601L102 BBG008LZG0Z5 71,917,481 6,058,760 SH   SOLE   6,058,760 0 0
ZUORA INC COM CL A 98983V106 BBG000BT3HG5 18,142,706 1,827,060 SH   SOLE   1,827,060 0 0