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

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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
AFFIRM HLDGS INC COM CL A 00827B106 4,607,249 56,496 SH SOLE 56,496 0 0
CAPITAL ONE FINL CORP COM 14040H105 10,286,991 51,276 SH SOLE 51,276 0 0
CENTURY COMMUNITIES INC COM 156504300 4,417,911 61,651 SH SOLE 61,651 0 0
COMPASS INC CL A 20464U100 14,832,583 1,202,967 SH SOLE 1,202,967 0 0
D R HORTON INC COM 23331A109 3,232,028 19,843 SH SOLE 19,843 0 0
ENCORE CAP GROUP INC COM 292554102 13,017,313 139,536 SH SOLE 139,536 0 0
EQUINIX INC COM 29444U700 3,463,862 3,323 SH SOLE 3,323 0 0
FLYWIRE CORPORATION COM VTG 302492103 11,966,031 681,049 SH SOLE 681,049 0 0
FORTUNE BRANDS INNOVATIONS I COM 34964C106 4,705,095 85,703 SH SOLE 85,703 0 0
FUTU HLDGS LTD SPON ADS CL A 36118L106 5,140,983 54,843 SH SOLE 54,843 0 0
HENRY JACK & ASSOC INC COM 426281101 7,801,043 56,636 SH SOLE 56,636 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 5,903,371 47,952 SH SOLE 47,952 0 0
LPL FINL HLDGS INC COM 50212V100 6,387,094 22,675 SH SOLE 22,675 0 0
PROG HOLDINGS INC COM NPV 74319R101 6,682,709 143,375 SH SOLE 143,375 0 0
PROGRESSIVE CORP COM 743315103 4,921,460 22,529 SH SOLE 22,529 0 0
SEI INVTS CO COM 784117103 7,790,051 88,816 SH SOLE 88,816 0 0
SKYWARD SPECIALTY INS GROUP COM 830940102 5,479,707 93,911 SH SOLE 93,911 0 0
SOMNIGROUP INTERNATIONAL INC COM 88023U101 7,008,568 89,395 SH SOLE 89,395 0 0
TRAEGER INC COM NEW 89269P202 2,099,164 26,629 SH SOLE 26,629 0 0
UMB FINL CORP COM 902788108 7,426,232 52,019 SH SOLE 52,019 0 0
VALLEY NATL BANCORP COM 919794107 7,188,037 490,651 SH SOLE 490,651 0 0
VIRTU FINL INC CL A 928254101 3,808,965 63,941 SH SOLE 63,941 0 0
VISA INC COM CL A 92826C839 7,162,690 20,877 SH SOLE 20,877 0 0
WEBULL CORP ORD SHS G9572D103 6,106,580 936,592 SH SOLE 936,592 0 0
WISDOMTREE INC COM 97717P104 6,477,704 382,391 SH SOLE 382,391 0 0