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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
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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
Visa Inc. COMM 92826C839 43,365 205,804 SH   SOLE   205,804 0 0
Post Holdings Inc. COMM 737446104 54,390 1,068,365 SH   SOLE   861,911 0 0
Twenty-First Century Fox, Inc. COMM 90130A200 99,929 2,919,354 SH   SOLE   880,372 0 0
The Charles Schwab Corporation COMM 808513105 56,795 2,109,000 SH   SOLE   2,919,354 0 0
Google Inc. COMM 38259P508 28,576 48,875 SH   SOLE   2,109,000 0 0
Google Inc. COMM 38259P706 27,081 47,075 SH   SOLE   37,875 0 0
Compania Cervecerias Unidas S.A. COMM 204429104 40,106 1,712,470 SH   SOLE   1,712,470 0 0
Microsoft Corporation COMM 594918104 81,890 1,963,800 SH   SOLE   736,500 0 0
Blackhawk Network Holdings Inc. COMM 09238E203 10,498 390,978 SH   SOLE   800,000 0 0
RE/MAX Holdings, Inc. COMM 75524W108 11,157 377,044 SH   SOLE   2,000,000 0 0