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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPHABET INC CAP STK CL C 02079K107   2,238,242,102 18,502,456 SH   SOLE   18,502,456 0 0
CANADIAN NATL RY CO COM 136375102   4,952,547,380 40,888,953 SH   SOLE   40,888,953 0 0
CANADIAN PACIFIC KANSAS CITY COM 13646K108   4,513,334,435 55,860,385 SH   SOLE   55,860,385 0 0
FERGUSON PLC NEW SHS G3421J106   77,187,140 490,669 SH   SOLE   490,669 0 0
GENERAL ELECTRIC CO COM NEW 369604301   4,575,260,849 41,650,076 SH   SOLE   41,650,076 0 0
MICROSOFT CORP COM 594918104   4,033,778,370 11,845,241 SH   SOLE   11,845,241 0 0
MOODYS CORP COM 615369105   3,658,124,627 10,520,317 SH   SOLE   10,520,317 0 0
S&P GLOBAL INC COM 78409V104   3,740,147,754 9,329,611 SH   SOLE   9,329,611 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   1,655,607,709 3,173,182 SH   SOLE   3,173,182 0 0
VISA INC COM CL A 92826C839   4,223,859,414 17,786,169 SH   SOLE   17,786,169 0 0