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CORP COM 831865209 62378 1137872 SH SOLE None 1137872 0 0 SQUARE INC - A COM 852234103 48169 221322 SH OTR 1 220451 871 0 STATE STREET CORP COM 857477103 41404 568891 SH SOLE None 568891 0 0 SYSTEMAX INC COM 871851101 18309 510129 SH SOLE None 510129 0 0 TAIWAN SEMICONDUCTOR-SP ADR 874039100 160959 1476150 SH OTR 1 1465850 10300 0 TEXAS INSTRUMENTS INC COM 882508104 41725 254219 SH SOLE None 254219 0 0 TORONTO-DOMINION BANK COM 891160509 54603 967800 SH SOLE None 967800 0 0 TRADEWEB MARKETS INC CLASS A 892672106 29064 465397 SH SOLE None 465397 0 0 TRIMAS CORP COM 896215209 32455 1024772 SH SOLE None 1024772 0 0 UNION PACIFIC CORP COM 907818108 102401 491794 SH OTR 1 490214 1580 0 UNITEDHEALTH GROUP INC COM 91324P102 92605 264073 SH SOLE None 264073 0 0 VERISIGN INC COM 92343E102 18178 84002 SH SOLE None 84002 0 0 VERISK ANALYTICS INC COM 92345Y106 338743 1632154 SH OTR 1 1630314 1840 0 VERIZON COMMUNICATIONS INC COM 92343V104 115369 1963726 SH SOLE None 1963726 0 0 VIPSHOP HOLDINGS LTD - ADR 92763W103 2881 102500 SH SOLE None 102500 0 0 VISA INC-CLASS A SHARES COM 92826C839 716686 3276692 SH OTR 1 3269142 7550 0 WATERS CORP COM 941848103 147489 596235 SH SOLE None 596235 0 0 WELLS FARGO & CO COM 949746101 46177 1530044 SH SOLE None 1530044 0 0 WEST PHARMACEUTICAL SERVICES COM 955306105 37775 133335 SH SOLE None 133335 0 0 WILLIS TOWERS WATSON PLC COM G96629103 77882 369670 SH SOLE None 369670 0 0 WINMARK CORP COM 974250102 102075 549383 SH OTR 1 548617 766 0