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
ALTERA CORP COM 021441100 122,825 3,389,219 SH   DFND 1 2,807,118 0 582,101
ALTERA CORP COM 021441100 80,617 2,224,524 SH   DFND 1,558,650 0 665,874
AMBEV SA SPONSORED ADR 02319V103 86,738 11,705,550 SH   DFND 8,207,950 0 3,497,600
AMBEV SA SPONSORED ADR 02319V103 131,962 17,808,628 SH   DFND 1 14,733,628 0 3,075,000
ANALOG DEVICES INC COM 032654105 139,054 2,616,739 SH   DFND 1,832,279 0 784,460
ANALOG DEVICES INC COM 032654105 211,967 3,988,834 SH   DFND 1 3,303,334 0 685,500
BAIDU INC SPON ADR REP A 056752108 140,213 920,152 SH   DFND 646,252 0 273,900
BAIDU INC SPON ADR REP A 056752108 212,345 1,393,526 SH   DFND 1 1,153,526 0 240,000
BRINKS CO COM 109696104 35,262 1,235,111 SH   DFND 866,203 0 368,908
BRINKS CO COM 109696104 53,834 1,885,598 SH   DFND 1 1,561,955 0 323,643
COCA COLA CO COM 191216100 49,827 1,288,864 SH   DFND 903,822 0 385,042
COCA COLA CO COM 191216100 81,029 2,095,944 SH   DFND 1 1,757,644 0 338,300
COLGATE PALMOLIVE CO COM 194162103 46,316 713,988 SH   DFND 500,016 0 213,972
COLGATE PALMOLIVE CO COM 194162103 70,335 1,084,253 SH   DFND 1 898,453 0 185,800
CREDIT ACCEP CORP MICH COM 225310101 25,894 182,160 SH   DFND 127,995 0 54,165
CREDIT ACCEP CORP MICH COM 225310101 39,128 275,260 SH   DFND 1 227,933 0 47,327
ECOLAB INC COM 278865100 108,759 1,007,125 SH   DFND 705,750 0 301,375
ECOLAB INC COM 278865100 165,440 1,531,992 SH   DFND 1 1,269,479 0 262,513
FIDELITY NATL INFORMATION SV COM 31620M106 250,210 4,681,190 SH   DFND 1 3,874,354 0 806,836
FIDELITY NATL INFORMATION SV COM 31620M106 163,737 3,063,370 SH   DFND 2,142,718 0 920,652
GOOGLE INC CL A 38259P508 179,172 160,763 SH   DFND 112,349 0 48,414
GOOGLE INC CL A 38259P508 273,147 245,083 SH   DFND 1 202,953 0 42,130
GRAINGER W W INC COM 384802104 101,515 401,784 SH   DFND 281,270 0 120,514
GRAINGER W W INC COM 384802104 155,391 615,020 SH   DFND 1 508,900 0 106,120
HARLEY DAVIDSON INC COM 412822108 144,182 2,164,571 SH   DFND 1,516,120 0 648,451
HARLEY DAVIDSON INC COM 412822108 219,323 3,292,642 SH   DFND 1 2,726,668 0 565,974
LKQ CORP COM 501889208 68,606 2,603,656 SH   DFND 1 2,153,370 0 450,286
LKQ CORP COM 501889208 44,878 1,703,163 SH   DFND 1,191,932 0 511,231
MSC INDL DIRECT INC CL A 553530106 50,642 585,325 SH   DFND 1 484,782 0 100,543
MSC INDL DIRECT INC CL A 553530106 33,011 381,539 SH   DFND 267,045 0 114,494
PRICELINE COM INC COM NEW 741503403 141,643 118,839 SH   DFND 83,204 0 35,635
PRICELINE COM INC COM NEW 741503403 215,372 180,698 SH   DFND 1 149,576 0 31,122
SIRONA DENTAL SYSTEMS INC COM 82966C103 52,864 707,970 SH   DFND 495,570 0 212,400
SIRONA DENTAL SYSTEMS INC COM 82966C103 80,875 1,083,097 SH   DFND 1 896,297 0 186,800
SOLERA HOLDINGS INC COM 83421A104 65,973 1,041,571 SH   DFND 1 863,971 0 177,600
SOLERA HOLDINGS INC COM 83421A104 43,191 681,899 SH   DFND 476,136 0 205,763
WATERS CORP COM 941848103 5,242 48,351 SH   DFND 33,821 0 14,530
WATERS CORP COM 941848103 10,043 92,639 SH   DFND 1 79,929 0 12,710
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 87,823 1,990,088 SH   DFND 1,397,856 0 592,232
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 133,034 3,014,582 SH   DFND 1 2,494,982 0 519,600