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
ADOBE INC COM 00724F101 1,493 3,430 SH   SOLE   3,430 0 0
ALPHABET INC CAP STK CL C 02079K107 4,218,458 2,984,174 SH   SOLE   2,984,174 0 0
ALPHABET INC CAP STK CL A 02079K305 876,385 618,021 SH   SOLE   618,021 0 0
AMAZON COM INC COM 023135106 15,725 5,700 SH   SOLE   5,700 0 0
AUTODESK INC COM 052769106 1,196 5,000 SH   SOLE   5,000 0 0
BOSTON PROPERTIES INC COM 101121101 139,203 1,540,193 SH   SOLE   1,540,193 0 0
CANADIAN NATL RY CO COM 136375102 1,858,970 21,002,370 SH   SOLE   21,002,370 0 0
CANADIAN PAC RY LTD COM 13645T100 2,862,812 11,243,124 SH   SOLE   11,243,124 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 5,327,252 10,444,772 SH   SOLE   10,444,772 0 0
MASTERCARD INCORPORATED CL A 57636Q104 28,816 97,450 SH   SOLE   97,450 0 0
MICROSOFT CORP COM 594918104 2,941,827 14,455,440 SH   SOLE   14,455,440 0 0
MOODYS CORP COM 615369105 1,866,307 6,793,240 SH   SOLE   6,793,240 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 711,834 11,551,993 SH   SOLE   11,551,993 0 0
S&P GLOBAL INC COM 78409V104 798,971 2,424,946 SH   SOLE   2,424,946 0 0
UNION PAC CORP COM 907818108 1,017,216 6,016,539 SH   SOLE   6,016,539 0 0
UNIVAR SOLUTIONS INC COM 91336L107 212,989 12,632,780 SH   SOLE   12,632,780 0 0
VISA INC COM CL A 92826C839 2,166,476 11,215,385 SH   SOLE   11,215,385 0 0
VORNADO RLTY TR SH BEN INT 929042109 160,067 4,189,142 SH   SOLE   4,189,142 0 0