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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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
Agilent Technologies Common 00846U101 7,001,487 59,852 SH SOLE 59,852 0 0
Alexandria Real Estate Equities Common 015271109 6,328,887 68,413 SH SOLE 68,413 0 0
Amentum Holdings Inc Common 023939101 1,194,521 65,633 SH SOLE 65,633 0 0
Bank of N.T. Butterfield & Sons Common G0772R208 3,602,435 92,560 SH SOLE 92,560 0 0
Becton Dickinson Common 075887109 6,355,957 27,748 SH SOLE 27,748 0 0
Bio-Techne Corp Common 09073M104 4,015,510 68,489 SH SOLE 68,489 0 0
Brown-Forman Corp-Class B Common 115637209 5,829,704 171,765 SH SOLE 171,765 0 0
CBRE Group Common 12504L109 13,451,508 102,856 SH SOLE 102,856 0 0
CoStar Group Inc. Common 22160N109 5,008,445 63,214 SH SOLE 63,214 0 0
Emcor Group Common 29084Q100 9,185,675 24,851 SH SOLE 24,851 0 0
Euronet Worldwide Common 298736109 10,264,118 96,061 SH SOLE 96,061 0 0
Fidelity National Financial Common 31620R303 7,980,891 122,632 SH SOLE 122,632 0 0
Fortrea Holdings Inc. Common 34965K107 265,164 35,121 SH SOLE 35,121 0 0
Genpact Ltd. Common G3922B107 10,939,815 217,146 SH SOLE 217,146 0 0
IDEX Corporation Common 45167R104 852,369 4,710 SH SOLE 4,710 0 0
Intercontinental Exchange, Inc. Common 45866F104 11,127,457 64,507 SH SOLE 64,507 0 0
Jacobs Solutions Inc. Common 46982L108 8,486,599 70,201 SH SOLE 70,201 0 0
Keysight Technologies, Inc. Common 49338L103 8,080,840 53,955 SH SOLE 53,955 0 0
Laboratory Corp. of America Holdings Common 504922105 8,174,062 35,121 SH SOLE 35,121 0 0
Liberty Media Corp - Formula One Common 531229755 5,498,531 61,088 SH SOLE 61,088 0 0
Mid-America Apartment Communities Common 59522J103 8,321,017 49,654 SH SOLE 49,654 0 0
Occidental Petroleum Common 674599105 5,753,352 116,559 SH SOLE 116,559 0 0
Roper Industries Common 776696106 6,177,030 10,477 SH SOLE 10,477 0 0
Ross Stores Common 778296103 8,415,227 65,852 SH SOLE 65,852 0 0
SBA Communications Corp Common 78410G104 4,460,043 20,272 SH SOLE 20,272 0 0
SEI Investments Common 784117103 8,924,578 114,963 SH SOLE 114,963 0 0
Virtu Financial Common 928254101 11,909,679 312,426 SH SOLE 312,426 0 0
Wabtec Common 929740108 11,043,308 60,895 SH SOLE 60,895 0 0
Warner Music Group Corp. Common 934550203 8,096,827 258,272 SH SOLE 258,272 0 0