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
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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
FERROVIAL SE ORD SHS N3168P101 861,116,451 19,333,428 SH SOLE 19,333,428 0 0
ALPHABET INC CAP STK CL C 02079K107 2,164,681,479 13,855,735 SH SOLE 13,855,735 0 0
ALPHABET INC CAP STK CL A 02079K305 631,721,410 4,085,110 SH SOLE 4,085,110 0 0
CANADIAN NATL RY CO COM 136375102 2,619,619,831 26,899,078 SH SOLE 26,899,078 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108 3,854,575,745 54,913,285 SH SOLE 54,913,285 0 0
GE AEROSPACE COM NEW 369604301 9,521,325,042 47,570,947 SH SOLE 47,570,947 0 0
MICROSOFT CORP COM 594918104 6,494,202,329 17,299,881 SH SOLE 17,299,881 0 0
MOODYS CORP COM 615369105 6,129,927,299 13,163,107 SH SOLE 13,163,107 0 0
S&P GLOBAL INC COM 78409V104 5,264,560,779 10,361,269 SH SOLE 10,361,269 0 0
VISA INC COM CL A 92826C839 5,830,799,979 16,637,562 SH SOLE 16,637,562 0 0