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
AMAZON COM INC COM 023135106 34,553,047 157,496 SH SOLE 157,496 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108 23,139,072 291,902 SH SOLE 291,902 0 0
EQUIFAX INC COM 294429105 23,141,510 89,222 SH SOLE 89,222 0 0
FAIR ISAAC CORP COM 303250104 24,816,385 13,576 SH SOLE 13,576 0 0
HONEYWELL INTL INC COM 438516106 21,369,535 91,762 SH SOLE 91,762 0 0
IDEXX LABS INC COM 45168D104 20,223,236 37,706 SH SOLE 37,706 0 0
MASTERCARD INCORPORATED CL A 57636Q104 16,738,507 29,787 SH SOLE 29,787 0 0
MICROSOFT CORP COM 594918104 47,937,391 96,374 SH SOLE 96,374 0 0
MSCI INC COM 55354G100 22,236,787 38,556 SH SOLE 38,556 0 0
S&P GLOBAL INC COM 78409V104 25,087,931 47,579 SH SOLE 47,579 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 5,829,800 8,240 SH Put SOLE 8,240 0 0
SYNOPSYS INC COM 871607107 26,060,037 50,831 SH SOLE 50,831 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 45,498,217 200,884 SH SOLE 200,884 0 0
TRANSDIGM GROUP INC COM 893641100 25,948,201 17,064 SH SOLE 17,064 0 0
VISA INC COM CL A 92826C839 24,853,500 70,000 SH SOLE 70,000 0 0