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
ABBOTT LABS COM 002824100 4,030,384 29,633 SH DFND 29,633 0 0
ALLSTATE CORP COM 020002101 4,333,399 21,526 SH DFND 21,526 0 0
ALPHABET INC CAP STK CL A 02079K305 3,472,083 19,702 SH DFND 19,702 0 0
ALPHABET INC CAP STK CL C 02079K107 2,625,372 14,800 SH DFND 14,800 0 0
AMAZON COM INC COM 023135106 15,011,322 68,423 SH DFND 68,423 0 0
AMPHENOL CORP NEW CL A 032095101 440,030 4,456 SH DFND 4,456 0 0
APPLE INC COM 037833100 17,172,319 83,698 SH DFND 83,698 0 0
ARCH CAP GROUP LTD ORD G0450A105 2,135,942 23,459 SH DFND 23,459 0 0
ARISTA NETWORKS INC COM SHS 040413205 552,679 5,402 SH DFND 5,402 0 0
AT&T INC COM 00206R102 7,015,895 242,429 SH DFND 242,429 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 315,265 649 SH DFND 649 0 0
BROADCOM INC COM 11135F101 14,775,943 53,604 SH DFND 53,604 0 0
BXP INC COM 101121101 221,437 3,282 SH DFND 3,282 0 0
CANADIAN NAT RES LTD COM 136385101 1,314,794 41,800 SH DFND 41,800 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108 1,143,733 14,422 SH DFND 14,422 0 0
CAPITAL ONE FINL CORP COM 14040H105 2,149,089 10,101 SH DFND 10,101 0 0
CHURCH & DWIGHT CO INC COM 171340102 521,685 5,428 SH DFND 5,428 0 0
COPART INC COM 217204106 4,064,419 82,829 SH DFND 82,829 0 0
COSTCO WHSL CORP NEW COM 22160K105 4,175,567 4,218 SH DFND 4,218 0 0
CROWDSTRIKE HLDGS INC CL A 22788C105 635,110 1,247 SH DFND 1,247 0 0
CROWN CASTLE INC COM 22822V101 234,430 2,282 SH DFND 2,282 0 0
DARDEN RESTAURANTS INC COM 237194105 12,383,094 56,811 SH DFND 56,811 0 0
DOLLAR GEN CORP NEW COM 256677105 507,275 4,435 SH DFND 4,435 0 0
DOVER CORP COM 260003108 1,862,166 10,163 SH DFND 10,163 0 0
ELI LILLY & CO COM 532457108 10,043,465 12,884 SH DFND 12,884 0 0
EQUINIX INC COM 29444U700 501,942 631 SH DFND 631 0 0
FERRARI N V COM N3167Y103 4,072,727 8,305 SH DFND 8,305 0 0
FIRSTSERVICE CORP NEW COM 33767E202 770,695 4,417 SH DFND 4,417 0 0
FRANCO NEV CORP COM 351858105 1,171,496 7,130 SH DFND 7,130 0 0
HARTFORD INSURANCE GROUP INC COM 416515104 2,153,365 16,973 SH DFND 16,973 0 0
HUMANA INC COM 444859102 3,910,702 15,996 SH DFND 15,996 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 2,166,597 11,809 SH DFND 11,809 0 0
JOHNSON CTLS INTL PLC SHS G51502105 1,895,562 17,947 SH DFND 17,947 0 0
JPMORGAN CHASE & CO. COM 46625H100 2,384,510 8,225 SH DFND 8,225 0 0
KROGER CO COM 501044101 552,393 7,701 SH DFND 7,701 0 0
MARSH & MCLENNAN COS INC COM 571748102 4,250,580 19,441 SH DFND 19,441 0 0
META PLATFORMS INC CL A 30303M102 4,954,060 6,712 SH DFND 6,712 0 0
MICROSOFT CORP COM 594918104 15,930,053 32,026 SH DFND 32,026 0 0
MOSAIC CO NEW COM 61945C103 601,920 16,500 SH DFND 16,500 0 0
MSCI INC COM 55354G100 4,213,086 7,305 SH DFND 7,305 0 0
NETFLIX INC COM 64110L106 2,054,225 1,534 SH DFND 1,534 0 0
NVIDIA CORPORATION COM 67066G104 15,990,326 101,211 SH DFND 101,211 0 0
ORACLE CORP COM 68389X105 1,677,985 7,675 SH DFND 7,675 0 0
PALO ALTO NETWORKS INC COM 697435105 14,345,264 70,100 SH DFND 70,100 0 0
PARKER-HANNIFIN CORP COM 701094104 1,839,770 2,634 SH DFND 2,634 0 0
PROLOGIS INC. COM 74340W103 241,566 2,298 SH DFND 2,298 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 226,621 965 SH DFND 965 0 0
SERVICENOW INC COM 81762P102 1,053,782 1,025 SH DFND 1,025 0 0
SHERWIN WILLIAMS CO COM 824348106 1,151,973 3,355 SH DFND 3,355 0 0
SIMON PPTY GROUP INC NEW COM 828806109 459,613 2,859 SH DFND 2,859 0 0
TARGA RES CORP COM 87612G101 243,712 1,400 SH DFND 1,400 0 0
TESLA INC COM 88160R101 334,178 1,052 SH DFND 1,052 0 0
T-MOBILE US INC COM 872590104 6,869,751 28,833 SH DFND 28,833 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 3,812,955 51,800 SH DFND 51,800 0 0
TPI COMPOSITES INC COM 87266J104 13,847 16,114 SH DFND 16,114 0 0
TRANSDIGM GROUP INC COM 893641100 4,067,712 2,675 SH DFND 2,675 0 0
VISA INC COM CL A 92826C839 219,776 619 SH DFND 619 0 0
VISTRA CORP COM 92840M102 213,191 1,100 SH DFND 1,100 0 0
WALMART INC COM 931142103 1,104,034 11,291 SH DFND 11,291 0 0
WELLS FARGO CO NEW COM 949746101 2,213,395 27,626 SH DFND 27,626 0 0
WILLIS TOWERS WATSON PLC LTD SHS G96629103 2,112,092 6,891 SH DFND 6,891 0 0