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
ABBOTT LABS COM 002824100 521,990 4,362,428 SH   OTR 123 2,007,146 79,595 2,275,687
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 18,940 75,987 SH   OTR 123 0 1,164 74,823
ADOBE SYSTEMS INCORPORATED COM 00724F101 474,290 784,006 SH   OTR 123 352,596 13,648 417,762
ALPHABET INC CAP STK CL C 02079K107 912,300 352,252 SH   OTR 123 164,686 6,534 181,032
AMAZON COM INC COM 023135106 1,241,905 349,309 SH   OTR 123 158,219 6,090 185,000
AMERICAN TOWER CORP NEW COM 03027X100 390 1,449 SH   DFND 2 0 0 1,449
AUTOHOME INC SP ADS RP CL A 05278C107 171,230 2,727,611 SH   OTR 123 947,077 1,035,731 744,803
BAOZUN INC SPONSORED ADR 06684L103 94,835 2,726,347 SH   OTR 123 886,151 1,041,923 798,273
BECTON DICKINSON & CO COM 075887109 512,710 2,043,295 SH   OTR 123 934,219 36,950 1,072,126
BERKSHIRE HATHAWAY INC DEL CL A 084670108 211,810 506 SH   DFND 2 0 0 506
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 432,445 1,482,460 SH   OTR 123 973,353 36,633 472,474
BOOKING HOLDINGS INC COM 09857L108 510,190 226,564 SH   OTR 123 112,100 4,764 109,700
BOSTON SCIENTIFIC CORP COM 101137107 554,710 12,549,562 SH   OTR 123 6,103,761 248,670 6,197,131
CASEYS GEN STORES INC COM 147528103 168,610 843,857 SH   DFND 2 143,884 0 699,973
CME GROUP INC COM 12572Q105 881,195 4,008,425 SH   OTR 123 1,949,826 79,354 1,979,245
COCA COLA CO COM 191216100 755,320 13,507,265 SH   OTR 123 6,383,827 255,250 6,868,188
COCA-COLA FEMSA SAB DE CV SPONSORD ADR REP 191241108 1,840 34,825 SH   DFND 2 34,825 0 0
COMCAST CORP NEW CL A 20030N101 172,845 2,952,952 SH   DFND 2 503,262 0 2,449,690
CONSTELLATION BRANDS INC CL A 21036P108 112,370 463,673 SH   DFND 2 107,043 0 356,630
COPART INC COM 217204106 86,125 636,486 SH   DFND 2 107,832 0 528,654
CREDICORP LTD COM G2519Y108 138,840 1,169,393 SH   OTR 123 392,140 471,507 305,746
DISNEY WALT CO COM 254687106 339,065 1,863,420 SH   OTR 123 1,022,881 44,160 796,379
DOLLAR GEN CORP NEW COM 256677105 228,720 1,030,457 SH   DFND 2 174,872 0 855,585
ELECTRONIC ARTS INC COM 285512109 173,090 1,172,271 SH   DFND 2 199,913 0 972,358
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 248,080 2,991,065 SH   OTR 123 1,095,514 1,153,028 742,523
GENUINE PARTS CO COM 372460105 610 4,827 SH   DFND 2 0 0 4,827
GRACO INC COM 384109104 35,030 450,711 SH   DFND 2 76,356 0 374,355
HDFC BANK LTD SPONSORED ADS 40415F101 106,860 1,180,613 SH   DFND 2 1,136,792 0 43,821
HERSHEY CO COM 427866108 82,470 462,953 SH   DFND 2 76,685 0 386,268
HOME DEPOT INC COM 437076102 94,740 289,315 SH   DFND 2 49,532 0 239,783
HUMANA INC COM 444859102 119,340 262,606 SH   DFND 2 44,789 0 217,817
INDIA FD INC COM 454089103 415 18,878 SH   DFND 2 18,878 0 0
INFOSYS LTD SPONSORED ADR 456788108 4,855 229,124 SH   DFND 2 229,124 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 234,400 246,425 SH   OTR 123 121,267 4,895 120,263
JOHNSON & JOHNSON COM 478160104 128,020 754,253 SH   DFND 2 130,518 0 623,735
KEYSIGHT TECHNOLOGIES INC COM 49338L103 527,120 3,304,499 SH   OTR 123 1,501,820 58,734 1,743,945
LAS VEGAS SANDS CORP COM 517834107 2,395 45,464 SH   DFND 2 0 0 45,464
M & T BK CORP COM 55261F104 670 4,592 SH   DFND 2 0 0 4,592
MASTERCARD INCORPORATED CL A 57636Q104 1,025,660 2,723,701 SH   OTR 123 1,321,529 160,368 1,241,804
MEDTRONIC PLC SHS G5960L103 42,570 365,816 SH   OTR 123 123,153 89,384 153,279
MICROSOFT CORP COM 594918104 1,372,050 4,898,532 SH   OTR 123 2,277,135 92,949 2,528,448
MONDELEZ INTL INC CL A 609207105 274,350 4,290,540 SH   OTR 123 841,824 227,515 3,221,201
NETEASE INC SPONSORED ADS 64110W102 181,550 1,607,803 SH   OTR 123 432,292 651,221 524,290
NIKE INC CL B 654106103 530,190 3,316,232 SH   OTR 123 1,772,370 75,706 1,468,156
NORTHROP GRUMMAN CORP COM 666807102 86,360 227,688 SH   DFND 2 42,533 0 185,155
OTIS WORLDWIDE CORP COM 68902V107 358,175 4,238,613 SH   OTR 123 1,995,165 79,421 2,164,027
PAYPAL HLDGS INC COM 70450Y103 614,550 2,037,682 SH   OTR 123 1,048,793 43,342 945,547
PEPSICO INC COM 713448108 115,645 760,358 SH   DFND 2 128,884 0 631,474
PHILIP MORRIS INTL INC COM 718172109 410 4,106 SH   DFND 2 0 0 4,106
PNC FINL SVCS GROUP INC COM 693475105 505 2,640 SH   DFND 2 0 0 2,640
PROGRESSIVE CORP COM 743315103 154,200 1,531,595 SH   DFND 2 258,467 0 1,273,128
RITCHIE BROS AUCTIONEERS COM 767744105 108,275 1,778,852 SH   DFND 2 304,844 0 1,474,008
ROSS STORES INC COM 778296103 266,815 2,081,168 SH   OTR 123 1,015,752 41,250 1,024,166
SERVICENOW INC COM 81762P102 436,240 768,729 SH   OTR 123 349,092 13,688 405,949
SHERWIN WILLIAMS CO COM 824348106 213,545 758,233 SH   OTR 123 368,649 14,998 374,586
SYNOPSYS INC COM 871607107 238,470 836,668 SH   OTR 123 400,467 16,215 419,986
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 500,320 4,090,704 SH   OTR 123 2,261,303 664,383 1,165,018
TERADYNE INC COM 880770102 341,020 2,466,589 SH   OTR 123 988,885 36,156 1,441,548
TJX COS INC NEW COM 872540109 650 9,615 SH   DFND 2 0 0 9,615
UNITEDHEALTH GROUP INC COM 91324P102 796,485 1,926,833 SH   OTR 123 891,966 35,381 999,486
VISA INC COM CL A 92826C839 922,780 3,816,615 SH   OTR 123 1,834,871 73,429 1,908,315
WELLS FARGO CO NEW COM 949746101 520 11,469 SH   DFND 2 0 0 11,469
XP INC CL A G98239109 114,620 2,687,759 SH   OTR 123 765,027 1,175,772 746,960
YUM CHINA HLDGS INC COM 98850P109 478,370 7,371,988 SH   OTR 123 2,102,892 3,065,151 2,203,945