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
ALPHABET INC CAP STK CL A 02079K305 8,131,334 28,277 SH SOLE 28,277 0 0
ALPHABET INC CAP STK CL C 02079K107 27,334,889 95,290 SH SOLE 95,290 0 0
AMAZON COM INC COM 023135106 60,724,659 291,567 SH SOLE 291,567 0 0
AON PLC SHS CL A G0403H108 49,482,174 153,300 SH SOLE 153,300 0 0
AUTOZONE INC COM 053332102 32,105,799 9,505 SH SOLE 9,505 0 0
CORPAY INC COM SHS 219948106 61,689,880 212,000 SH SOLE 212,000 0 0
COSTAR GROUP INC COM 22160N109 30,505,108 756,200 SH SOLE 756,200 0 0
FAIR ISAAC CORP COM 303250104 23,987,624 22,470 SH SOLE 22,470 0 0
GOODRX HLDGS INC COM CL A 38246G108 6,073,176 3,098,559 SH SOLE 3,098,559 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 23,193,532 120,850 SH SOLE 120,850 0 0
ISHARES TR IBOXX INV CP ETF 464287242 22,019,141 202,029 SH SOLE 202,029 0 0
KIMBERLY-CLARK CORP COM 494368103 26,089,829 270,445 SH SOLE 270,445 0 0
KLARNA GROUP PLC SHS G5279N105 1,596,718 121,980 SH SOLE 121,980 0 0
MASTERCARD INCORPORATED CL A 57636Q104 33,638,610 67,323 SH SOLE 67,323 0 0
MICROSOFT CORP COM 594918104 52,383,497 141,512 SH SOLE 141,512 0 0
MSCI INC COM 55354G100 33,227,810 61,646 SH SOLE 61,646 0 0
NVIDIA CORPORATION COM 67066G104 11,161,600 64,000 SH SOLE 64,000 0 0
PROGRESSIVE CORP COM 743315103 21,806,400 110,000 SH SOLE 110,000 0 0
RANPAK HOLDINGS CORP COM CL A 75321W103 10,589,891 2,966,356 SH SOLE 2,966,356 0 0
SALESFORCE INC COM 79466L302 18,503,290 99,123 SH SOLE 99,123 0 0
SAP SE SPON ADR 803054204 26,116,716 152,542 SH SOLE 152,542 0 0
SCHEIN HENRY INC COM 806407102 9,949,500 135,000 SH SOLE 135,000 0 0
STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 234,004,688 359,819 SH SOLE 359,819 0 0
TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 45,300,170 134,044 SH SOLE 134,044 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 17,203,550 35,000 SH SOLE 35,000 0 0
VISA INC COM CL A 92826C839 15,746,704 52,100 SH SOLE 52,100 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 12,494,300 455,000 SH SOLE 455,000 0 0