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 COM 00724F101 3,142 10,662 SH   SOLE   10,662 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 11,475 69,408 SH   SOLE   69,408 0 0
BLACK KNIGHT INC COM 09215C105 4,422 73,520 SH   SOLE   73,520 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 3,237 72,575 SH   SOLE   72,575 0 0
EQUINIX INC COM 29444U700 9,511 18,861 SH   SOLE   18,861 0 0
FIRST AMERN FINL CORP COM 31847R102 16,541 308,028 SH   SOLE   308,028 0 0
FIRST DATA CORP NEW COM CL A 32008D106 5,281 195,093 SH   SOLE   195,093 0 0
FISERV INC COM 337738108 21,596 236,907 SH   SOLE   236,907 0 0
GLOBAL PMTS INC COM 37940X102 4,229 26,410 SH   SOLE   26,410 0 0
INTERXION HOLDING N.V SHS N47279109 2,468 32,429 SH   SOLE   32,429 0 0
MICROSOFT CORP COM 594918104 15,185 113,356 SH   SOLE   113,356 0 0
S&P GLOBAL INC COM 78409V104 3,232 14,189 SH   SOLE   14,189 0 0
STEWART INFORMATION SVCS COR COM 860372101 547 13,502 SH   SOLE   13,502 0 0
TRANSUNION COM 89400J107 4,743 64,527 SH   SOLE   64,527 0 0
US FOODS HLDG CORP COM 912008109 477 13,335 SH   SOLE   13,335 0 0
VISA INC COM CL A 92826C839 22,844 131,630 SH   SOLE   131,630 0 0
WASTE CONNECTIONS INC COM 94106B101 18,663 195,258 SH   SOLE   195,258 0 0
WORLDPAY INC CL A 981558109 26,637 217,354 SH   SOLE   217,354 0 0