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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADOBE INC CMN COM 00724F101 3,348 7,692 SH   SOLE   7,692 0 0
AIR PRODUCTS & CHEMICALS INC CMN COM 009158106 10,243 42,420 SH   SOLE   42,420 0 0
ALPHABET INC. CMN CLASS A COM 02079K305 3,649 2,573 SH   SOLE   2,573 0 0
ASHLAND GLOBAL HOLDINGS INC. CMN COM 044186104 1,305 18,891 SH   SOLE   18,891 0 0
BAXTER INTERNATIONAL INC CMN COM 071813109 3,167 36,786 SH   SOLE   36,786 0 0
BRINK'S COMPANY (THE) CMN COM 109696104 1,758 38,638 SH   SOLE   38,638 0 0
CONAGRA BRANDS INC CMN COM 205887102 1,546 43,946 SH   SOLE   43,946 0 0
DANAHER CORPORATION CMN COM 235851102 9,533 53,908 SH   SOLE   53,908 0 0
DOVER CORPORATION CMN COM 260003108 1,115 11,549 SH   SOLE   11,549 0 0
ECOLAB INC. CMN COM 278865100 6,732 33,838 SH   SOLE   33,838 0 0
EXTENDED STAY AMERICA INC CMN COM 30224P200 1,572 140,523 SH   SOLE   140,523 0 0
FARO TECHNOLOGIES INC CMN COM 311642102 2,710 50,560 SH   SOLE   50,560 0 0
FORTIVE CORPORATION CMN COM 34959J108 1,307 19,310 SH   SOLE   19,310 0 0
FORTUNE BRANDS HOME & SECURITY CMN COM 34964C106 719 11,252 SH   SOLE   11,252 0 0
FRONTDOOR, INC. CMN COM 35905A109 1,401 31,593 SH   SOLE   31,593 0 0
GODADDY INC. CMN CLASS A COM 380237107 1,276 17,394 SH   SOLE   17,394 0 0
HAIN CELESTIAL GROUP, INC. (THE) CMN COM 405217100 937 29,732 SH   SOLE   29,732 0 0
IAC/INTERACTIVECORP CMN COM 44919P508 5,209 16,108 SH   SOLE   16,108 0 0
INSTALLED BLDG PRODS INC CMN COM 45780R101 3,061 44,501 SH   SOLE   44,501 0 0
MASTERCARD INCORPORATED CMN CLASS A COM 57636Q104 2,121 7,172 SH   SOLE   7,172 0 0
MICROSOFT CORPORATION CMN COM 594918104 2,408 11,831 SH   SOLE   11,831 0 0
O'REILLY AUTOMOTIVE, INC. CMN COM 67103H107 2,552 6,052 SH   SOLE   6,052 0 0
OLD DOMINION FREIGHT LINE, INC. CMN COM 679580100 1,076 6,345 SH   SOLE   6,345 0 0
PJT PARTNERS INC. CMN CLASS A COM 69343T107 861 16,763 SH   SOLE   16,763 0 0
PALO ALTO NETWORKS INC. CMN COM 697435105 438 1,908 SH   SOLE   1,908 0 0
POST HOLDINGS, INC. CMN COM 737446104 3,099 35,370 SH   SOLE   35,370 0 0
ROPER TECHNOLOGIES INC CMN COM 776696106 2,889 7,441 SH   SOLE   7,441 0 0
SHERWIN-WILLIAMS CO CMN COM 824348106 2,859 4,947 SH   SOLE   4,947 0 0
TELEDYNE TECHNOLOGIES INCORPORATED CMN COM 879360105 985 3,168 SH   SOLE   3,168 0 0
TELEFLEX INC. CMN COM 879369106 1,638 4,500 SH   SOLE   4,500 0 0
TRANSDIGM GROUP INCORPORATED CMN COM 893641100 1,035 2,341 SH   SOLE   2,341 0 0
TYLER TECHNOLOGIES, INC. CMN COM 902252105 711 2,051 SH   SOLE   2,051 0 0
VISA INC. CMN CLASS A COM 92826C839 2,216 11,473 SH   SOLE   11,473 0 0