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
Alibaba Group Holding Ltd SPONSORED ADS 01609W102 26,685,220 278,000 SH SOLE 278,000 0 0
Charles Schwab Corp COMMON 808513105 61,866,200 671,000 SH SOLE 671,000 0 0
Charter Communications Inc CL A 16119P108 24,110,976 169,700 SH SOLE 169,700 0 0
Cintas Corp COMMON 172908105 40,641,950 239,000 SH SOLE 239,000 0 0
Fastenal Co COMMON 311900104 66,513,078 1,385,112 SH SOLE 1,385,112 0 0
Fortis Inc COMMON 349553107 23,459,897 410,000 SH SOLE 410,000 0 0
Microsoft Corp COMMON 594918104 74,299,398 199,317 SH SOLE 199,317 0 0
Moody's Corp COMMON 615369105 61,732,996 136,300 SH SOLE 136,300 0 0
Oracle Corp COMMON 68389X105 54,718,846 373,100 SH SOLE 373,100 0 0
Paychex Inc COMMON 704326107 13,073,900 133,000 SH SOLE 133,000 0 0
Philip Morris International Inc COMMON 718172109 127,044,467 702,563 SH SOLE 702,563 0 0
Pool Corp COMMON 73278L105 37,796,357 175,887 SH SOLE 175,887 0 0
Texas Instruments Inc COMMON 882508104 118,278,210 397,000 SH SOLE 397,000 0 0
Thermo Fisher Scientific Inc COMMON 883556102 55,967,325 111,767 SH SOLE 111,767 0 0
Watsco Inc COMMON 942622200 97,067,669 232,927 SH SOLE 232,927 0 0