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
Microsoft Corp COM 594918104   71,950,883 249,569 SH   SOLE   96,885 0 152,684
Mastercard Incorporated CL A 57636Q104   64,828,385 178,389 SH   SOLE   68,896 0 109,493
Amazon Com Inc COM 023135106   64,501,928 624,474 SH   SOLE   243,138 0 381,336
Moodys Corp COM 615369105   57,424,237 187,649 SH   SOLE   74,847 0 112,802
MSCI Inc. COM 55354G100   52,716,694 94,189 SH   SOLE   41,877 0 52,312
Alphabet Inc CAP STK CL C 02079K107   50,287,016 483,529 SH   SOLE   195,520 0 288,009
AON Plc SHS CL A G0403H108   47,179,680 149,639 SH   SOLE   61,133 0 88,506
Copart Inc COM 217204106   45,956,243 611,039 SH   SOLE   241,390 0 369,649
Verisk Analytics Inc COM 92345Y106   39,247,881 204,565 SH   SOLE   85,668 0 118,897
Nike Inc CL B 654106103   38,272,960 312,076 SH   SOLE   126,759 0 185,317
Adobe Systems Incorporated COM 00724F101   36,671,809 95,160 SH   SOLE   38,187 0 56,973
Marsh & McLennan Cos Inc COM 571748102   36,382,272 218,447 SH   SOLE   98,033 0 120,414
CoStar Group Inc COM 22160N109   31,641,532 459,572 SH   SOLE   203,109 0 256,463
Berkshire Hathaway Inc Del CL B NEW 084670702   30,089,328 97,449 SH   SOLE   0 0 97,449
CBRE Group Inc CL A 12504L109   29,362,307 403,273 SH   SOLE   165,570 0 237,703
Meta Platforms Inc CL A 30303M102   29,095,335 137,281 SH   SOLE   55,631 0 81,650
Intuit COM 461202103   28,283,838 63,441 SH   SOLE   26,583 0 36,858
Apple Inc COM 037833100   28,107,092 170,449 SH   SOLE   65,807 0 104,642
S&P Global Inc COM 78409V104   27,447,884 79,612 SH   SOLE   34,240 0 45,372
Progressive Corp COM 743315103   26,668,036 186,412 SH   SOLE   74,363 0 112,049
Lauder Estee Cos Inc CL A 518439104   26,353,329 106,927 SH   SOLE   41,448 0 65,479
Pepsico Inc COM 713448108   19,893,074 109,123 SH   SOLE   35,114 0 74,009
Booking Holdings Inc COM 09857L108   18,633,180 7,025 SH   SOLE   2,949 0 4,076
Procter and Gamble Co COM 742718109   17,612,505 118,451 SH   SOLE   42,509 0 75,942
Colgate Palmolive Co COM 194162103   15,591,939 207,478 SH   SOLE   82,613 0 124,865
Unilever PLC SPON ADR NEW 904767704   15,202,196 292,744 SH   SOLE   127,082 0 165,662
Visa Inc COM CL A 92826C839   11,295,185 50,098 SH   SOLE   18,925 0 31,173
JPMorgan Chase & Co COM 46625H100   9,800,135 75,206 SH   SOLE   35,532 0 39,674
HDFC Bank LTD SPONSORED ADS 40415F101   9,800,023 146,993 SH   SOLE   62,470 0 84,523
Ferrari N V COM N3167Y103   9,722,411 35,884 SH   SOLE   22,928 0 12,956
Alibaba Group Hldg Ltd SPONSORED ADS 01609W102   8,255,224 80,791 SH   SOLE   32,961 0 47,830
Schwab Charles Corp COM 808513105   7,403,436 141,341 SH   SOLE   52,639 0 88,702
Coca Cola Co COM 191216100   5,524,480 89,061 SH   SOLE   0 0 89,061
Berkshire Hathaway Inc Del CL A 084670108   3,259,200 7 SH   SOLE   0 0 7
Equifax Inc COM 294429105   2,231,240 11,000 SH   SOLE   0 0 11,000
Stryker Corporation COM 863667101   1,803,314 6,317 SH   SOLE   0 0 6,317
Johnson & Johnson COM 478160104   1,312,075 8,465 SH   SOLE   0 0 8,465
Becton Dickinson & Co COM 075887109   1,067,392 4,312 SH   SOLE   0 0 4,312
Salesforce Inc COM 79466L302   1,014,083 5,076 SH   SOLE   0 0 5,076
Fair Isaac Corp COM 303250104   540,369 769 SH   SOLE   0 0 769
Globe Life Inc COM 37959E102   247,545 2,250 SH   SOLE   0 0 2,250