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 302,507 1,036,942 SH   SOLE   902,982 133,960 0
Bio-Techne COM 09073M104 137,038 518,944 SH   SOLE   451,930 67,014 0
Boston Scientific COM 101137107 129,082 3,676,498 SH   SOLE   3,204,838 471,660 0
CME COM 12572Q105 181,502 1,116,661 SH   SOLE   973,404 143,257 0
Edwards COM 28176E112 167,429 2,422,642 SH   SOLE   2,111,840 310,802 0
Idexx COM 45168D104 83,159 251,876 SH   SOLE   219,563 32,313 0
ICE COM 45866F104 137,037 1,496,032 SH   SOLE   1,304,106 191,926 0
Intuit COM 461202103 208,384 703,549 SH   SOLE   613,291 90,258 0
MarketAxess COM 57060D108 362,699 724,066 SH   SOLE   630,584 93,482 0
Masimo COM 574795100 241,527 1,059,377 SH   SOLE   923,469 135,908 0
Mastercard COM 57636Q104 307,520 1,039,974 SH   SOLE   906,556 133,418 0
Mettler-Toledo COM 592688105 100,767 125,091 SH   SOLE   109,044 16,047 0
PayPal COM 70450Y103 270,262 1,551,177 SH   SOLE   1,352,176 199,001 0
PTC COM 69370C100 140,450 1,805,501 SH   SOLE   1,572,568 232,933 0
Tradeweb COM 892672106 172,258 2,962,821 SH   SOLE   2,580,220 382,601 0
Tyler COM 902252105 151,732 437,419 SH   SOLE   381,303 56,116 0
Varian COM 92220P105 205,625 1,678,301 SH   SOLE   1,462,991 215,310 0
Verisk Analytics COM 92345Y106 199,993 1,175,046 SH   SOLE   1,024,299 150,747 0
Visa COM 92826C839 164,302 850,557 SH   SOLE   741,439 109,118 0
Workday COM 98138H101 93,940 501,390 SH   SOLE   437,067 64,323 0