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
3M CO COM 88579Y101 775,643 3,733 SH SOLE 3,733 0 0
ACTIVISION BLIZZARD INC COM 00507V109 250,051 5,492 SH SOLE 5,492 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,347,088 16,759 SH SOLE 16,759 0 0
ALPHABET INC CAP STK CL A 02079K305 456,633 388 SH SOLE 388 0 0
ALPHABET INC CAP STK CL C 02079K107 96,936,526 82,618 SH SOLE 82,618 0 0
AMAZON COM INC COM 023135106 3,100,286 1,741 SH SOLE 1,741 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,377,900 13,216 SH SOLE 13,216 0 0
ANTHEM INC COM 036752103 90,189,492 314,271 SH SOLE 314,271 0 0
APPLE INC COM 037833100 390,917 2,058 SH SOLE 2,058 0 0
AUTODESK INC COM 052769106 736,094 4,724 SH SOLE 4,724 0 0
BLACKROCK INC COM 09247X101 16,062,701 37,585 SH SOLE 37,585 0 0
BOOKING HLDGS INC COM 09857L108 820,108 470 SH SOLE 470 0 0
BURLINGTON STORES INC COM 122017106 405,174 2,586 SH SOLE 2,586 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 12,616,943 145,039 SH SOLE 145,039 0 0
CBRE GROUP INC CL A 12504L109 35,621,258 720,349 SH SOLE 720,349 0 0
CHOICE HOTELS INTL INC COM 169905106 10,099,748 129,917 SH SOLE 129,917 0 0
CITIGROUP INC COM NEW 172967424 29,755,346 478,228 SH SOLE 478,228 0 0
CME GROUP INC COM CL A 12572Q105 20,544,028 124,827 SH SOLE 124,827 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 47,698,762 658,368 SH SOLE 658,368 0 0
COLUMBIA SPORTSWEAR CO COM 198516106 434,326 4,169 SH SOLE 4,169 0 0
CUBIC CORP COM 229669106 375,514 6,677 SH SOLE 6,677 0 0
DANAHER CORPORATION COM 235851102 1,691,044 12,809 SH SOLE 12,809 0 0
DISNEY WALT CO COM DISNEY 254687106 1,566,522 14,109 SH SOLE 14,109 0 0
DOVER CORP COM 260003108 60,671,435 646,817 SH SOLE 646,817 0 0
ECOLAB INC COM 278865100 1,651,885 9,357 SH SOLE 9,357 0 0
ELECTRONIC ARTS INC COM 285512109 295,540 2,908 SH SOLE 2,908 0 0
EXPEDIA GROUP INC COM NEW 30212P303 418,047 3,513 SH SOLE 3,513 0 0
FIVE BELOW INC COM 33829M101 416,983 3,356 SH SOLE 3,356 0 0
FORTIVE CORP COM 34959J108 513,658 6,123 SH SOLE 6,123 0 0
GALLAGHER ARTHUR J & CO COM 363576109 26,370,699 337,653 SH SOLE 337,653 0 0
GILEAD SCIENCES INC COM 375558103 34,182,128 525,798 SH SOLE 525,798 0 0
GRUBHUB INC COM 400110102 247,591 3,564 SH SOLE 3,564 0 0
HASBRO INC COM 418056107 453,667 5,336 SH SOLE 5,336 0 0
HENRY SCHEIN INC COM 806407102 24,312,451 404,466 SH SOLE 404,466 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 704,773 8,480 SH SOLE 8,480 0 0
HOME DEPOT INC COM 437076102 2,150,895 11,209 SH SOLE 11,209 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 493,923 11,721 SH SOLE 11,721 0 0
HUBBELL INC COM 443510607 1,279,493 10,845 SH SOLE 10,845 0 0
IDEX CORP COM 45167R104 1,283,720 8,460 SH SOLE 8,460 0 0
ILLUMINA INC COM 452327109 332,128 1,069 SH SOLE 1,069 0 0
INTEL CORP COM 458140100 46,399,217 864,045 SH SOLE 864,045 0 0
IPG PHOTONICS CORP COM 44980X109 15,963,613 105,176 SH SOLE 105,176 0 0
KINDER MORGAN INC DEL COM 49456B101 12,755,675 637,465 SH SOLE 637,465 0 0
LAS VEGAS SANDS CORP COM 517834107 30,613,685 502,193 SH SOLE 502,193 0 0
LIONS GATE ENTMNT CORP CL A VTG 535919401 236,821 15,142 SH SOLE 15,142 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 546,190 8,596 SH SOLE 8,596 0 0
LULULEMON ATHLETICA INC COM 550021109 638,438 3,896 SH SOLE 3,896 0 0
MAGNA INTL INC COM 559222401 472,457 9,700 SH SOLE 9,700 0 0
MATCH GROUP INC COM 57665R106 437,199 7,723 SH SOLE 7,723 0 0
MICROSOFT CORP COM 594918104 94,050,192 797,441 SH SOLE 797,441 0 0
MOBILE TELESYSTEMS PJSC SPONSORED ADR 607409109 78,133 10,335 SH SOLE 10,335 0 0
MOODYS CORP COM 615369105 24,504,556 135,317 SH SOLE 135,317 0 0
NETFLIX INC COM 64110L106 1,267,571 3,555 SH SOLE 3,555 0 0
NIKE INC CL B 654106103 905,510 10,753 SH SOLE 10,753 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 459,747 1,184 SH SOLE 1,184 0 0
PLANET FITNESS INC CL A 72703H101 392,941 5,718 SH SOLE 5,718 0 0
PROCTER AND GAMBLE CO COM 742718109 30,800,673 296,018 SH SOLE 296,018 0 0
PTC INC COM 69370C100 999,784 10,846 SH SOLE 10,846 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 433,112 6,652 SH SOLE 6,652 0 0
S&P GLOBAL INC COM 78409V104 22,530,745 107,009 SH SOLE 107,009 0 0
SEALED AIR CORP NEW COM 81211K100 1,522,237 33,049 SH SOLE 33,049 0 0
SERVICE CORP INTL COM 817565104 80,988,332 2,017,144 SH SOLE 2,017,144 0 0
SHAKE SHACK INC CL A 819047101 257,717 4,357 SH SOLE 4,357 0 0
SMITH A O CORP COM 831865209 614,780 11,530 SH SOLE 11,530 0 0
SOTHEBYS COM 835898107 21,376,844 566,274 SH SOLE 566,274 0 0
SPROUTS FMRS MKT INC COM 85208M102 286,030 13,279 SH SOLE 13,279 0 0
SQUARE INC CL A 852234103 353,098 4,713 SH SOLE 4,713 0 0
STANLEY BLACK & DECKER INC COM 854502101 13,257,647 97,361 SH SOLE 97,361 0 0
STARBUCKS CORP COM 855244109 43,146,193 580,390 SH SOLE 580,390 0 0
TAPESTRY INC COM 876030107 481,469 14,819 SH SOLE 14,819 0 0
TARGET CORP COM 87612E106 690,557 8,604 SH SOLE 8,604 0 0
TRIMBLE INC COM 896239100 1,229,008 30,421 SH SOLE 30,421 0 0
TRIPADVISOR INC COM 896945201 271,347 5,274 SH SOLE 5,274 0 0
ULTA BEAUTY INC COM 90384S303 803,125 2,303 SH SOLE 2,303 0 0
VAIL RESORTS INC COM 91879Q109 404,830 1,863 SH SOLE 1,863 0 0
VEON LTD SPONSORED ADR 91822M106 1,129,507 540,434 SH SOLE 540,434 0 0
VISA INC COM CL A 92826C839 60,067,863 384,582 SH SOLE 384,582 0 0
WASTE MGMT INC DEL COM 94106L109 1,522,905 14,656 SH SOLE 14,656 0 0
WATERS CORP COM 941848103 1,265,598 5,028 SH SOLE 5,028 0 0
WATTS WATER TECHNOLOGIES INC CL A 942749102 890,798 11,022 SH SOLE 11,022 0 0
WAYFAIR INC CL A 94419L101 380,032 2,560 SH SOLE 2,560 0 0
WELBILT INC COM 949090104 614,905 37,540 SH SOLE 37,540 0 0
WELLS FARGO CO NEW COM 949746101 73,457,997 1,520,240 SH SOLE 1,520,240 0 0
WESTROCK CO COM 96145D105 1,158,554 30,210 SH SOLE 30,210 0 0
WINGSTOP INC COM 974155103 584,367 7,686 SH SOLE 7,686 0 0
XYLEM INC COM 98419M100 1,661,658 21,023 SH SOLE 21,023 0 0
YETI HLDGS INC COM 98585X104 676,390 22,360 SH SOLE 22,360 0 0
YUM CHINA HLDGS INC COM 98850P109 261,960 5,833 SH SOLE 5,833 0 0