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
OREILLY AUTOMOTIVE INC COM 67103H107 17,620,685 191,342 SH SOLE 0 0 191,342
PALVELLA THERAPEUTICS INC NE COM 697947109 13,194,937 86,343 SH SOLE 0 0 86,343
VISA INC COM CL A 92826C839 11,407,743 33,250 SH SOLE 0 0 33,250
FERGUSON ENTERPRISES INC COMMON STOCK NEW 31488V107 11,413,200 48,090 SH SOLE 0 0 48,090
HILTON WORLDWIDE HLDGS INC COM 43300A203 10,694,347 32,362 SH SOLE 0 0 32,362
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 10,614,773 21,213 SH SOLE 0 0 21,213
AUTOZONE INC COM 053332102 8,200,782 2,566 SH SOLE 0 0 2,566
ALPHABET INC CAP STK CL A 02079K305 6,790,745 19,002 SH SOLE 0 0 19,002
S&P GLOBAL INC COM SHS 78409V112 6,657,479 16,347 SH SOLE 0 0 16,347
LINDE PLC SHS G54950103 6,446,273 12,422 SH SOLE 0 0 12,422
MEDLINE INC COM CL A 58507V107 6,198,824 157,171 SH SOLE 0 0 157,171
SHERWIN WILLIAMS CO COM 824348106 5,719,155 16,610 SH SOLE 0 0 16,610
COPART INC COM 217204106 4,718,019 167,365 SH SOLE 0 0 167,365
SPDR SERIES TRUST ST STR BLO 1 ETF 78468R663 3,300,140 36,012 SH SOLE 0 0 36,012
GALLAGHER ARTHUR J & CO COM 363576109 2,810,166 12,241 SH SOLE 0 0 12,241