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

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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   1,247,592,527 6,849,259 SH   SOLE   6,849,259 0 0
Apple COM 037833100   328,270,015 1,558,589 SH   SOLE   1,558,589 0 0
AUTOMATIC DATA PROCESSING COM 053015103   1,333,265,293 5,585,761 SH   SOLE   5,585,761 0 0
BROWN FORMAN CORP CLASS B CL B 115637209   481,082,656 11,138,751 SH   SOLE   11,138,751 0 0
CHOICE HOTELS INTERNATIONAL ORD COM 169905106   87,333,148 733,892 SH   SOLE   733,892 0 0
CHURCH AND DWIGHT ORD COM 171340102   716,881,467 6,914,366 SH   SOLE   6,914,366 0 0
CLOROX COMPANY COM 189054109   77,816,013 570,206 SH   SOLE   570,206 0 0
COGNEX CORP COM 192422103   89,137,466 1,906,276 SH   SOLE   1,906,276 0 0
EQUIFAX INC COM 294429105   111,140,512 458,387 SH   SOLE   458,387 0 0
EXPONENT INC COM 30214U102   96,841,482 1,018,098 SH   SOLE   1,018,098 0 0
FORTINET ORD COM 34959E109   619,916,969 10,285,664 SH   SOLE   10,285,664 0 0
GRACO ORD COM 384109104   90,350,738 1,139,641 SH   SOLE   1,139,641 0 0
HOME DEPOT ORD COM 437076102   50,327,888 146,200 SH   SOLE   146,200 0 0
IDEX ORD COM 45167R104   72,935,201 362,501 SH   SOLE   362,501 0 0
IDEXX LABORATORIES INC COM 45168D104   1,297,507,142 2,663,192 SH   SOLE   2,663,192 0 0
MARRIOTT INTERNATIONAL CL A CL A 571903202   1,031,030,824 4,264,511 SH   SOLE   4,264,511 0 0
MASTERCARD CL A ORD CL A 57636Q104   28,357,765 64,280 SH   SOLE   64,280 0 0
MCCORMICK & CO NON VTG SHRS COM NON VTG 579780206   712,840,377 10,048,497 SH   SOLE   0 0 10,048,497
MCDONALD S ORD COM 580135101   23,794,666 93,371 SH   SOLE   93,371 0 0
META PLATFORMS INC-CLASS A CL A 30303M102   2,456,239,156 4,871,364 SH   SOLE   4,871,364 0 0
METTLER TOLEDO ORD COM 592688105   826,779,304 591,575 SH   SOLE   591,575 0 0
MICROSOFT CORP COM 594918104   3,191,497,874 7,140,615 SH   SOLE   7,140,615 0 0
MSCI INC COM 55354G100   80,268,703 166,619 SH   SOLE   166,619 0 0
NIKE INC CL B CL B 654106103   474,792,787 6,299,493 SH   SOLE   6,299,493 0 0
ODDITY TECH LTD SHS CL A M7518J104   63,411,103 1,615,158 SH   SOLE   1,615,158 0 0
OTIS WORLDWIDE ORD COM 68902V107   590,870,640 6,138,278 SH   SOLE   6,138,278 0 0
PAYCOM SOFTWARE INC COM 70432V102   46,146,277 322,611 SH   SOLE   322,611 0 0
PEPSICO INC COM 713448108   950,176,079 5,761,087 SH   SOLE   5,761,087 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109   1,466,695,512 14,474,445 SH   SOLE   14,474,445 0 0
PROCTER & GAMBLE ORD COM 742718109   766,419,193 4,647,218 SH   SOLE   4,647,218 0 0
QUALYS INC COM 74758T303   78,146,083 548,009 SH   SOLE   548,009 0 0
ROLLINS ORD COM 775711104   77,942,659 1,597,513 SH   SOLE   1,597,513 0 0
SABRE CORP COM 78573M104   57,402,584 21,499,095 SH   SOLE   21,499,095 0 0
STRYKER CORP COM 863667101   1,822,468,826 5,356,264 SH   SOLE   5,356,264 0 0
TEXAS INSTRUMENTS INC COM 882508104   300,506,248 1,544,781 SH   SOLE   1,544,781 0 0
VERISIGN INC COM 92343E102   111,036,100 624,500 SH   SOLE   624,500 0 0
VERISK ANALYTICS INC COM 92345Y106   125,084,947 464,051 SH   SOLE   464,051 0 0
VISA INC CLASS A SHARES COM CL A 92826C839   1,457,369,924 5,552,520 SH   SOLE   5,552,520 0 0
WATERS CORP COM 941848103   1,060,229,034 3,654,450 SH   SOLE   3,654,450 0 0
ZOETIS CL A ORD CL A 98978V103   39,561,619 228,205 SH   SOLE   228,205 0 0