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
ALLEGION PUB LTD CO ORD SHS G0176J109 64,858 856,657 SH   SOLE   856,657 0 0
ALPHABET INC CAP STK CL C 02079K107 40,097 48,335 SH   SOLE   48,335 0 0
ANSYS INC COM 03662Q105 37,648 352,276 SH   SOLE   352,276 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 32,382 544,057 SH   SOLE   544,057 0 0
COLGATE PALMOLIVE CO COM 194162103 37,091 506,776 SH   SOLE   506,776 0 0
CORE LABORATORIES N V COM N22717107 34,836 301,562 SH   SOLE   301,562 0 0
FAIR ISAAC CORP COM 303250104 47,841 371,008 SH   SOLE   371,008 0 0
FERRARI N V COM N3167Y103 400,203 5,441,163 SH   SOLE   5,441,163 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 36,979 11,674,189 SH   SOLE   11,674,189 0 0
HARLEY DAVIDSON INC COM 412822108 26,336 435,298 SH   SOLE   435,298 0 0
LAUDER ESTEE COS INC CL A 518439104 44,623 526,278 SH   SOLE   526,278 0 0
MARRIOTT INTL INC NEW CL A 571903202 52,897 561,655 SH   SOLE   561,655 0 0
MONSANTO CO NEW COM 61166W101 27,594 243,765 SH   SOLE   243,765 0 0
MOODYS CORP COM 615369105 38,332 342,125 SH   SOLE   342,125 0 0
NIKE INC CL B 654106103 40,391 724,758 SH   SOLE   724,758 0 0
PRAXAIR INC COM 74005P104 43,108 363,478 SH   SOLE   363,478 0 0
US BANCORP DEL COM NEW 902973304 40,128 779,187 SH   SOLE   779,187 0 0
VISA INC COM CL A 92826C839 67,859 763,572 SH   SOLE   763,572 0 0