ALPHABET INC CAP STK CL A 02079K305 98345520 342000 SH SOLE 342000 0 0 AMAZON COM INC COM 023135106 2031049040 9752000 SH SOLE 9752000 0 0 AMAZON COM INC CALL 023135906 5248404 25200 SH Call SOLE 25200 0 0 AMERICAN EXPRESS CO COM 025816109 19812440 65500 SH SOLE 65500 0 0 APPLE INC COM 037833100 20937675 82500 SH SOLE 82500 0 0 CANADIAN PACIFIC KANSAS CITY COM 13646K108 13883490 176500 SH SOLE 176500 0 0 CASEYS GEN STORES INC COM 147528103 5968452 8200 SH SOLE 8200 0 0 COLGATE PALMOLIVE CO COM 194162103 5625180 66000 SH SOLE 66000 0 0 COSTCO WHOLESALE CORPORATION COM 22160K105 4384292 4400 SH SOLE 4400 0 0 COUPANG INC CL A 22266T109 16878720 894000 SH SOLE 894000 0 0 DANAHER CORP DEL COM 235851102 47020800 248000 SH SOLE 248000 0 0 DOORDASH INC CL A 25809K105 22222200 148000 SH SOLE 148000 0 0 FERGUSON ENTERPRISES INC COMMON STOCK NEW 31488V107 48984600 210000 SH SOLE 210000 0 0 FERROVIAL SE ORD SHS N3168P101 30703600 472000 SH SOLE 472000 0 0 GE AEROSPACE COM NEW 369604301 341091540 1202000 SH SOLE 1202000 0 0 HEICO CORP NEW CL A 422806208 6227155 29500 SH SOLE 29500 0 0 HILTON WORLDWIDE HLDGS INC COM 43300A203 127713600 420000 SH SOLE 420000 0 0 ISHARES TR CALL 464287902 96485970 1113000 SH Call SOLE 1113000 0 0 KENVUE INC COM 49177J102 13654080 792000 SH SOLE 792000 0 0 LOUISIANA PAC CORP COM 546347105 4510500 62000 SH SOLE 62000 0 0 MAPLEBEAR INC COM 565394103 3071720 82000 SH SOLE 82000 0 0 MARTIN MARIETTA MATLS INC COM 573284106 157766240 268000 SH SOLE 268000 0 0 MERCADOLIBRE INC COM 58733R102 4737515 2740 SH SOLE 2740 0 0 MICROSOFT CORP COM 594918104 230171706 621800 SH SOLE 621800 0 0 MOODYS CORP COM 615369105 160540000 368000 SH SOLE 368000 0 0 NETFLIX INC. COM 64110L106 34806300 362000 SH SOLE 362000 0 0 PERIMETER SOLUTIONS INC COMMON STOCK 71385M107 15921840 652000 SH SOLE 652000 0 0 PRIMO BRANDS CORPORATION CLASS A COM SHS 741623102 1190056 63200 SH SOLE 63200 0 0 REPUBLIC SVCS INC COM 760759100 43913510 200500 SH SOLE 200500 0 0 S&P GLOBAL INC COM 78409V104 223728840 526000 SH SOLE 526000 0 0 SAP SE SPON ADR 803054204 3972072 23200 SH SOLE 23200 0 0 SEA LTD SPONSORD ADS 81141R100 10641085 128500 SH SOLE 128500 0 0 SHERWIN WILLIAMS CO COM 824348106 54493500 170000 SH SOLE 170000 0 0 SPOTIFY TECHNOLOGY S A SHS L8681T102 25603248 52800 SH SOLE 52800 0 0 STATE STR SPDR S&P 500 ETF T CALL 78462F903 259485660 399000 SH Call SOLE 399000 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 58246305 118500 SH SOLE 118500 0 0 TOAST INC CL A 888787108 6574480 248000 SH SOLE 248000 0 0 TRANSDIGM GROUP INC COM 893641100 136757280 118000 SH SOLE 118000 0 0 UNION PAC CORP COM 907818108 37363480 154000 SH SOLE 154000 0 0 VERISK ANALYTICS INC COM 92345Y106 1992375 10500 SH SOLE 10500 0 0 VISA INC COM CL A 92826C839 287128000 950000 SH SOLE 950000 0 0 VULCAN MATLS CO COM 929160109 99117200 364000 SH SOLE 364000 0 0 WASTE CONNECTIONS INC COM 94106B101 151394080 932000 SH SOLE 932000 0 0 WASTE MGMT INC DEL COM 94106L109 13052072 56800 SH SOLE 56800 0 0 WOODWARD INC COM 980745103 14316800 40000 SH SOLE 40000 0 0 WORKDAY INC CL A 98138H101 6833792 52600 SH SOLE 52600 0 0 ZOOMINFO TECHNOLOGIES INC COMMON STOCK 98980F104 1007630 168500 SH SOLE 168500 0 0