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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPHABET CL A ORD CAP STK CL A 02079K305   1,053,641,123 6,980,992 SH   SOLE   6,957,808 0 23,184
Apple COM 037833100   273,946,845 1,597,544 SH   SOLE   1,589,309 0 8,235
AUTOMATIC DATA PROCESSING COM 053015103   1,439,968,124 5,765,869 SH   SOLE   5,734,323 0 31,546
BROWN FORMAN CORP CLASS B CL B 115637209   591,502,224 11,458,780 SH   SOLE   11,431,742 0 27,038
CHOICE HOTELS INTERNATIONAL ORD COM 169905106   95,639,874 756,944 SH   SOLE   756,944 0 0
CHURCH AND DWIGHT ORD COM 171340102   748,052,906 7,171,440 SH   SOLE   7,126,344 0 45,096
CLOROX COMPANY COM 189054109   90,050,269 588,141 SH   SOLE   588,141 0 0
COGNEX CORP COM 192422103   83,407,689 1,966,235 SH   SOLE   1,966,235 0 0
EQUIFAX INC COM 294429105   126,484,794 472,805 SH   SOLE   472,805 0 0
EXPONENT INC COM 30214U102   86,834,423 1,050,120 SH   SOLE   1,050,120 0 0
FORTINET ORD COM 34959E109   558,433,225 8,174,985 SH   SOLE   8,131,164 0 43,821
GRACO ORD COM 384109104   109,860,922 1,175,486 SH   SOLE   1,175,486 0 0
HOME DEPOT ORD COM 437076102   56,229,622 146,584 SH   SOLE   146,584 0 0
IDEX ORD COM 45167R104   91,239,566 373,902 SH   SOLE   373,902 0 0
IDEXX LABORATORIES INC COM 45168D104   1,465,781,447 2,714,762 SH   SOLE   2,705,699 0 9,063
MARRIOTT INTERNATIONAL CL A CL A 571903202   1,101,156,028 4,364,298 SH   SOLE   4,346,692 0 17,606
MASTERCARD CL A ORD CL A 57636Q104   31,036,705 64,449 SH   SOLE   64,449 0 0
MCCORMICK & CO NON VTG SHRS COM NON VTG 579780206   939,352,734 12,229,563 SH   SOLE   0 0 12,229,563
MCDONALD S ORD COM 580135101   26,395,313 93,617 SH   SOLE   93,617 0 0
META PLATFORMS INC-CLASS A CL A 30303M102   2,413,113,603 4,969,549 SH   SOLE   4,952,175 0 17,374
METTLER TOLEDO ORD COM 592688105   812,214,704 610,096 SH   SOLE   606,840 0 3,256
MICROSOFT CORP COM 594918104   3,205,004,150 7,617,903 SH   SOLE   7,591,976 0 25,927
MSCI INC COM 55354G100   96,318,377 171,859 SH   SOLE   171,859 0 0
NIKE INC CL B CL B 654106103   612,036,950 6,512,417 SH   SOLE   6,472,442 0 39,975
ODDITY TECH LTD SHS CL A M7518J104   57,671,750 1,327,313 SH   SOLE   1,327,313 0 0
OTIS WORLDWIDE ORD COM 68902V107   624,914,875 6,295,103 SH   SOLE   6,265,270 0 29,833
PAYCOM SOFTWARE INC COM 70432V102   64,732,182 325,271 SH   SOLE   325,271 0 0
PEPSICO INC COM 713448108   1,023,099,184 5,845,947 SH   SOLE   5,845,947 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109   1,358,013,354 14,822,237 SH   SOLE   14,758,464 0 63,773
PROCTER & GAMBLE ORD COM 742718109   778,651,055 4,799,082 SH   SOLE   4,772,436 0 26,646
QUALYS INC COM 74758T303   94,322,600 565,246 SH   SOLE   565,246 0 0
ROLLINS ORD COM 775711104   76,241,901 1,647,761 SH   SOLE   1,647,761 0 0
SABRE CORP COM 78573M104   52,456,714 21,676,328 SH   SOLE   21,676,328 0 0
STRYKER CORP COM 863667101   1,960,793,349 5,479,066 SH   SOLE   5,457,547 0 21,519
TEXAS INSTRUMENTS INC COM 882508104   193,600,618 1,111,306 SH   SOLE   1,099,686 0 11,620
VERISIGN INC COM 92343E102   122,071,540 644,143 SH   SOLE   644,143 0 0
VERISK ANALYTICS INC COM 92345Y106   112,831,457 478,647 SH   SOLE   478,647 0 0
VISA INC CLASS A SHARES COM CL A 92826C839   1,588,131,532 5,690,596 SH   SOLE   5,666,395 0 24,201
WATERS CORP COM 941848103   1,296,456,582 3,766,251 SH   SOLE   3,746,682 0 19,569
ZOETIS CL A ORD CL A 98978V103   38,716,094 228,805 SH   SOLE   228,805 0 0