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
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
Ansys COM 03662Q105 189,140 813,611 SH   SOLE   813,611 0 0
Bio-Techne COM 09073M104 77,300 407,655 SH   SOLE   407,655 0 0
Boston Scientific COM 101137107 87,535 2,682,666 SH   SOLE   2,682,666 0 0
CME COM 12572Q105 131,895 762,795 SH   SOLE   762,795 0 0
Edwards COM 28176E112 119,770 634,982 SH   SOLE   634,982 0 0
Hexcel COM 428291108 64,849 1,743,714 SH   SOLE   1,743,714 0 0
Idexx COM 45168D104 47,924 197,837 SH   SOLE   197,837 0 0
ICE COM 45866F104 94,990 1,176,342 SH   SOLE   1,176,342 0 0
Intuit COM 461202103 127,238 553,210 SH   SOLE   553,210 0 0
MarketAxess COM 57060D108 188,949 568,149 SH   SOLE   568,149 0 0
Masimo COM 574795100 147,497 832,749 SH   SOLE   832,749 0 0
Mastercard COM 57636Q104 197,394 817,163 SH   SOLE   817,163 0 0
Mettler-Toledo COM 592688105 67,838 98,243 SH   SOLE   98,243 0 0
PayPal COM 70450Y103 116,775 1,219,705 SH   SOLE   1,219,705 0 0
PTC COM 69370C100 85,857 1,402,655 SH   SOLE   1,402,655 0 0
Tradeweb COM 892672106 77,267 1,837,932 SH   SOLE   1,837,932 0 0
Tyler COM 902252105 123,826 417,542 SH   SOLE   417,542 0 0
Varian COM 92220P105 135,476 1,319,660 SH   SOLE   1,319,660 0 0
Verisk Analytics COM 92345Y106 128,637 922,922 SH   SOLE   922,922 0 0
Visa COM 92826C839 107,681 668,329 SH   SOLE   668,329 0 0