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
ALPHABET INC CAP STK CL A 02079K305   1,058,234,458 6,843,213 SH   SOLE   6,843,213 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103   1,379,131,561 4,513,899 SH   SOLE   4,513,899 0 0
BROWN FORMAN CORP CL B 115637209   327,109,681 9,637,881 SH   SOLE   9,637,881 0 0
CATALYST PHARMACEUTICALS INC COM 14888U101   52,168,395 2,151,274 SH   SOLE   2,151,274 0 0
CHOICE HOTELS INTL INC COM 169905106   97,446,180 733,892 SH   SOLE   733,892 0 0
CHURCH & DWIGHT CO INC COM 171340102   753,839,734 6,847,486 SH   SOLE   6,847,486 0 0
CLOROX CO DEL COM 189054109   90,337,433 613,497 SH   SOLE   613,497 0 0
DOXIMITY INC CL A 26622P107   69,048,852 1,189,882 SH   SOLE   1,189,882 0 0
EQUIFAX INC COM 294429105   57,359,598 235,505 SH   SOLE   235,505 0 0
EXPONENT INC COM 30214U102   67,804,826 836,477 SH   SOLE   836,477 0 0
FORTINET INC COM 34959E109   820,427,830 8,523,040 SH   SOLE   8,523,040 0 0
GRACO INC COM 384109104   95,171,420 1,139,641 SH   SOLE   1,139,641 0 0
HOME DEPOT INC COM 437076102   42,049,597 114,736 SH   SOLE   114,736 0 0
IDEXX LABS INC COM 45168D104   1,112,166,603 2,648,331 SH   SOLE   2,648,331 0 0
INTUIT COM 461202103   111,517,776 181,628 SH   SOLE   181,628 0 0
MARRIOTT INTL INC NEW CL A 571903202   1,012,721,592 4,251,560 SH   SOLE   4,251,560 0 0
MASTERCARD INCORPORATED CL A 57636Q104   27,106,726 49,454 SH   SOLE   49,454 0 0
MEDPACE HLDGS INC COM 58506Q109   38,859,249 127,537 SH   SOLE   127,537 0 0
META PLATFORMS INC CL A 30303M102   2,238,464,663 3,883,796 SH   SOLE   3,883,796 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105   697,726,503 590,838 SH   SOLE   590,838 0 0
MICROSOFT CORP COM 594918104   2,015,905,113 5,370,162 SH   SOLE   5,370,162 0 0
MSCI INC COM 55354G100   94,223,045 166,619 SH   SOLE   166,619 0 0
NIKE INC CL B 654106103   389,489,729 6,135,629 SH   SOLE   6,135,629 0 0
ODDITY TECH LTD SHS CL A M7518J104   69,871,735 1,615,158 SH   SOLE   1,615,158 0 0
OTIS WORLDWIDE CORP COM 68902V107   605,447,258 5,866,737 SH   SOLE   5,866,737 0 0
PAYCOM SOFTWARE INC COM 70432V102   90,343,665 413,510 SH   SOLE   413,510 0 0
PHILIP MORRIS INTL INC COM 718172109   1,715,219,237 10,805,892 SH   SOLE   10,805,892 0 0
PROCTER AND GAMBLE CO COM 742718109   787,409,591 4,620,406 SH   SOLE   4,620,406 0 0
QUALYS INC COM 74758T303   90,493,550 718,602 SH   SOLE   718,602 0 0
ROLLINS INC COM 775711104   86,313,627 1,597,513 SH   SOLE   1,597,513 0 0
SABRE CORP COM 78573M104   60,412,457 21,499,095 SH   SOLE   21,499,095 0 0
STRYKER CORPORATION COM 863667101   1,887,004,861 5,069,187 SH   SOLE   5,069,187 0 0
TEXAS INSTRS INC COM 882508104   489,828,416 2,725,812 SH   SOLE   2,725,812 0 0
VERISIGN INC COM 92343E102   144,714,785 570,035 SH   SOLE   570,035 0 0
VERISK ANALYTICS INC COM 92345Y106   98,400,315 330,624 SH   SOLE   330,624 0 0
VISA INC COM CL A 92826C839   1,449,861,431 4,137,024 SH   SOLE   4,137,024 0 0
WATERS CORP COM 941848103   1,331,716,018 3,613,197 SH   SOLE   3,613,197 0 0
ZOETIS INC CL A 98978V103   419,279,085 2,546,487 SH   SOLE   2,546,487 0 0