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
Expires: July 31, 2015
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
ALPHABET INC CAP STK CL C 02079K107 1,750,370 11,319 SH SOLE 11,319 0 0
AMERICAN TOWER CORP NEW COM 03027X100 891,725 4,098 SH SOLE 4,098 0 0
AMERIPRISE FINL INC COM 03076C106 1,029,702 2,127 SH SOLE 2,127 0 0
APOLLO GLOBAL MGMT INC COM 03769M106 1,392,269 10,167 SH SOLE 10,167 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 4,473,335 20,256 SH SOLE 20,256 0 0
AXON ENTERPRISE INC COM 05464C101 1,169,187 2,223 SH SOLE 2,223 0 0
BERKLEY W R CORP COM 084423102 2,563,397 36,023 SH SOLE 36,023 0 0
BLACKSTONE INC COM 09260D107 628,591 4,497 SH SOLE 4,497 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 830,784 7,944 SH SOLE 7,944 0 0
BROADCOM INC COM 11135F101 605,762 3,618 SH SOLE 3,618 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 587,343 4,701 SH SOLE 4,701 0 0
CASEYS GEN STORES INC COM 147528103 2,011,775 4,635 SH SOLE 4,635 0 0
CBOE GLOBAL MKTS INC COM 12503M108 2,675,427 11,823 SH SOLE 11,823 0 0
CENCORA INC COM 03073E105 4,189,704 15,066 SH SOLE 15,066 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,804,323 4,896 SH SOLE 4,896 0 0
CHEMED CORP NEW COM 16359R103 2,968,304 4,824 SH SOLE 4,824 0 0
CHEVRON CORP NEW COM 166764100 3,161,781 18,900 SH SOLE 18,900 0 0
CLOUDFLARE INC CL A COM 18915M107 643,009 5,706 SH SOLE 5,706 0 0
COLLIERS INTL GROUP INC SUB VTG SHS 194693107 3,522,552 29,040 SH SOLE 29,040 0 0
COMCAST CORP NEW CL A 20030N101 3,339,487 90,501 SH SOLE 90,501 0 0
COMFORT SYS USA INC COM 199908104 2,180,562 6,765 SH SOLE 6,765 0 0
CONOCOPHILLIPS COM 20825C104 369,250 3,516 SH SOLE 3,516 0 0
CORPORACION AMER ARPTS S A COM L1995B107 2,003,905 109,503 SH SOLE 109,503 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 1,262,942 3,582 SH SOLE 3,582 0 0
CROWN CASTLE INC COM 22822V101 3,706,627 35,562 SH SOLE 35,562 0 0
CSW INDUSTRIALS INC COM 126402106 776,609 2,664 SH SOLE 2,664 0 0
DARDEN RESTAURANTS INC COM 237194105 3,438,636 16,551 SH SOLE 16,551 0 0
DECKERS OUTDOOR CORP COM 243537107 744,990 6,663 SH SOLE 6,663 0 0
DOMINOS PIZZA INC COM 25754A201 1,077,870 2,346 SH SOLE 2,346 0 0
ENSIGN GROUP INC COM 29358P101 821,431 6,348 SH SOLE 6,348 0 0
EXTRA SPACE STORAGE INC COM 30225T102 853,521 5,748 SH SOLE 5,748 0 0
EXXON MOBIL CORP COM 30231G102 4,032,678 33,908 SH SOLE 33,908 0 0
FABRINET SHS G3323L100 2,027,045 10,263 SH SOLE 10,263 0 0
GENERAC HLDGS INC COM 368736104 2,192,312 17,310 SH SOLE 17,310 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109 3,649,532 9,555 SH SOLE 9,555 0 0
GRUPO AEROPORTUARIO DEL CENT SPON ADR 400501102 212,773 2,706 SH SOLE 2,706 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 864,176 3,156 SH SOLE 3,156 0 0
GRUPO AEROPUERTO DEL PACIFIC SPON ADS B 400506101 245,430 1,323 SH SOLE 1,323 0 0
ICON PLC SHS G4705A100 2,420,112 13,830 SH SOLE 13,830 0 0
IDEX CORP COM 45167R104 398,496 2,202 SH SOLE 2,202 0 0
IES HLDGS INC COM 44951W106 1,330,952 8,061 SH SOLE 8,061 0 0
INSTALLED BLDG PRODS INC COM 45780R101 727,848 4,245 SH SOLE 4,245 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 1,810,727 10,935 SH SOLE 10,935 0 0
KINSALE CAP GROUP INC COM 49714P108 896,520 1,842 SH SOLE 1,842 0 0
LANDSTAR SYS INC COM 515098101 1,231,940 8,202 SH SOLE 8,202 0 0
LITHIA MTRS INC COM 536797103 751,169 2,559 SH SOLE 2,559 0 0
LULULEMON ATHLETICA INC COM 550021109 772,754 2,730 SH SOLE 2,730 0 0
MARKETAXESS HLDGS INC COM 57060D108 2,519,612 11,646 SH SOLE 11,646 0 0
MEDPACE HLDGS INC COM 58506Q109 220,291 723 SH SOLE 723 0 0
MERCADOLIBRE INC COM 58733R102 450,651 231 SH SOLE 231 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 249,471 4,263 SH SOLE 4,263 0 0
NETFLIX INC COM 64110L106 623,863 669 SH SOLE 669 0 0
NIKE INC CL B 654106103 1,280,899 20,178 SH SOLE 20,178 0 0
NORFOLK SOUTHN CORP COM 655844108 757,446 3,198 SH SOLE 3,198 0 0
NORTHROP GRUMMAN CORP COM 666807102 2,778,678 5,427 SH SOLE 5,427 0 0
NOVO-NORDISK A S ADR 670100205 995,561 14,337 SH SOLE 14,337 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 468,695 45,771 SH SOLE 45,771 0 0
PAYCOM SOFTWARE INC COM 70432V102 1,221,085 5,589 SH SOLE 5,589 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 3,534,805 271,074 SH SOLE 271,074 0 0
PHILLIPS 66 COM 718546104 1,881,465 15,237 SH SOLE 15,237 0 0
POOL CORP COM 73278L105 808,927 2,541 SH SOLE 2,541 0 0
PRIMERICA INC COM 74164M108 1,421,227 4,995 SH SOLE 4,995 0 0
REPLIGEN CORP COM 759916109 1,881,498 14,787 SH SOLE 14,787 0 0
RESMED INC COM 761152107 997,252 4,455 SH SOLE 4,455 0 0
REXFORD INDL RLTY INC COM 76169C100 2,710,746 69,240 SH SOLE 69,240 0 0
RLI CORP COM 749607107 3,051,174 37,983 SH SOLE 37,983 0 0
SAIA INC COM 78709Y105 2,305,190 6,597 SH SOLE 6,597 0 0
SEA LTD SPONSORD ADS 81141R100 696,817 5,340 SH SOLE 5,340 0 0
SIMPSON MFG INC COM 829073105 4,924,458 31,350 SH SOLE 31,350 0 0
SUN CMNTYS INC COM 866674104 1,627,811 12,654 SH SOLE 12,654 0 0
TEXAS INSTRS INC COM 882508104 4,201,386 23,380 SH SOLE 23,380 0 0
TFI INTL INC COM 87241L109 930,794 12,018 SH SOLE 12,018 0 0
THE TRADE DESK INC COM CL A 88339J105 1,266,987 23,154 SH SOLE 23,154 0 0
TORO CO COM 891092108 3,829,196 52,635 SH SOLE 52,635 0 0
UNION PAC CORP COM 907818108 340,658 1,442 SH SOLE 1,442 0 0
UNITED RENTALS INC COM 911363109 2,352,632 3,754 SH SOLE 3,754 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,010,515 5,748 SH SOLE 5,748 0 0
VALERO ENERGY CORP COM 91913Y100 465,151 3,522 SH SOLE 3,522 0 0
VEEVA SYS INC CL A COM 922475108 1,191,041 5,142 SH SOLE 5,142 0 0
WILLIAMS SONOMA INC COM 969904101 2,319,485 14,671 SH SOLE 14,671 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 7,621,938 84,211 SH SOLE 84,211 0 0