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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 237,075,961 793,188 SH SOLE 668,026 0 125,162
ADOBE INC COM 00724F101 197,019,027 509,251 SH SOLE 431,353 0 77,898
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 2,808,599 24,765 SH SOLE 24,765 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 233,264,816 756,371 SH SOLE 641,760 0 114,611
BOOKING HOLDINGS INC COM 09857L108 582,467,015 100,612 SH SOLE 83,599 0 17,013
CME GROUP INC COM 12572Q105 680,141,686 2,467,679 SH SOLE 2,090,682 0 376,997
COLGATE PALMOLIVE CO COM 194162103 352,737,177 3,880,497 SH SOLE 3,264,715 0 615,782
GLOBANT S A COM L44385109 1,073,910 11,822 SH SOLE 11,822 0 0
HDFC BANK LTD SPONSORED ADS 40415F101 5,345,432 69,720 SH SOLE 69,720 0 0
ILLUMINA INC COM 452327109 194,391,864 2,037,437 SH SOLE 1,725,940 0 311,497
INFOSYS LTD SPONSORED ADR 456788108 2,418,165 130,500 SH SOLE 130,500 0 0
ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 1,807,498 266,200 SH SOLE 266,200 0 0
MARKETAXESS HLDGS INC COM 57060D108 334,643,276 1,498,358 SH SOLE 1,269,389 0 228,969
MASTERCARD INCORPORATED CL A 57636Q104 416,700,426 741,539 SH SOLE 623,599 0 117,940
MERCADOLIBRE INC COM 58733R102 5,875,440 2,248 SH SOLE 2,248 0 0
MICROSOFT CORP COM 594918104 376,059,369 756,035 SH SOLE 640,551 0 115,484
NETEASE INC SPONSORED ADS 64110W102 2,780,423 20,660 SH SOLE 20,660 0 0
NIKE INC CL B 654106103 209,577,377 2,950,132 SH SOLE 2,499,799 0 450,333
NOVO-NORDISK A S ADR 670100205 1,737,924 25,180 SH SOLE 25,180 0 0
SEA LTD SPONSORD ADS 81141R100 990,828 6,195 SH SOLE 6,195 0 0
SMITH A O CORP COM 831865209 14,557,589 222,016 SH SOLE 0 0 222,016
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 7,514,485 33,178 SH SOLE 33,178 0 0
TRIP COM GROUP LTD ADS 89677Q107 2,193,136 37,400 SH SOLE 37,400 0 0
UNITEDHEALTH GROUP INC COM 91324P102 337,020,879 1,080,299 SH SOLE 914,672 0 165,627
VERISK ANALYTICS INC COM 92345Y106 236,478,340 759,160 SH SOLE 645,877 0 113,283
WATERS CORP COM 941848103 240,142,661 688,009 SH SOLE 583,128 0 104,881
YUM CHINA HLDGS INC COM 98850P109 420,128,201 9,396,739 SH SOLE 8,428,508 0 968,231