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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
BENTLEY SYSTEM-B COM CL B 08265T208   1,455,580 37,000 SH   SOLE   37,000 0 0
CRH PLC ORD G25508105   1,901,032 21,610 SH   SOLE   21,610 0 0
ESTEE LAUDER CL A 518439104   4,002,240 60,640 SH   SOLE   60,640 0 0
HESS CORP COM 42809H107   10,345,552 64,769 SH   SOLE   64,769 0 0
PINTEREST INC -A CL A 72352L106   792,205 25,555 SH   SOLE   25,555 0 0
PROLOGIS INC COM 74340W103   4,480,655 40,081 SH   SOLE   40,081 0 0
SMURFIT WESTROCK SHS G8267P108   1,081,440 24,000 SH   SOLE   24,000 0 0
TECK RESOURCES-B CL B 878742204   5,446,904 149,517 SH   SOLE   149,517 0 0
UNION PAC CORP COM 907818108   6,548,573 27,720 SH   SOLE   27,720 0 0