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
AGILENT TECHNOLOGIES INC COM 00846U101 255,533 1,728,792 SH   DFND   1,406,790 0 322,002
AGILENT TECHNOLOGIES INC COM 00846U101 289,359 1,957,641 SH   DFND 1 1,570,044 0 387,597
ALPHABET INC CAP STK CL A 02079K305 363,627 148,918 SH   DFND   121,205 0 27,713
ALPHABET INC CAP STK CL A 02079K305 410,985 168,313 SH   DFND 1 134,891 0 33,422
ALPHABET INC CAP STK CL C 02079K107 160,600 64,078 SH   DFND   52,138 0 11,940
ALPHABET INC CAP STK CL C 02079K107 181,503 72,418 SH   DFND 1 58,082 0 14,336
AMERICAN TOWER CORP NEW COM 03027X100 249,105 922,133 SH   DFND   750,512 0 171,621
AMERICAN TOWER CORP NEW COM 03027X100 282,328 1,045,117 SH   DFND 1 838,054 0 207,063
ANALOG DEVICES INC COM 032654105 316,415 1,837,915 SH   DFND 1 1,473,913 0 364,002
ANALOG DEVICES INC COM 032654105 279,742 1,624,898 SH   DFND   1,322,716 0 302,182
AON PLC SHS CL A G0403H108 147,737 618,768 SH   DFND   503,201 0 115,567
AON PLC SHS CL A G0403H108 166,574 697,663 SH   DFND 1 558,999 0 138,664
APPLIED MATLS INC COM 038222105 249,435 1,751,652 SH   DFND   1,425,969 0 325,683
APPLIED MATLS INC COM 038222105 281,920 1,979,776 SH   DFND 1 1,587,410 0 392,366
ARMSTRONG WORLD INDS INC NEW COM 04247X102 68,557 639,167 SH   DFND 1 512,879 0 126,288
ARMSTRONG WORLD INDS INC NEW COM 04247X102 60,523 564,262 SH   DFND   459,508 0 104,754
AUTODESK INC COM 052769106 166,744 571,237 SH   DFND   464,792 0 106,445
AUTODESK INC COM 052769106 188,703 646,465 SH   DFND 1 518,031 0 128,434
BECTON DICKINSON & CO COM 075887109 146,808 603,676 SH   DFND 1 484,225 0 119,451
BECTON DICKINSON & CO COM 075887109 129,997 534,549 SH   DFND   435,322 0 99,227
BROADCOM INC COM 11135F101 245,825 515,529 SH   DFND   419,555 0 95,974
BROADCOM INC COM 11135F101 278,314 583,663 SH   DFND 1 467,775 0 115,888
BRUNSWICK CORP COM 117043109 206,138 2,069,247 SH   DFND 1 1,659,428 0 409,819
BRUNSWICK CORP COM 117043109 182,147 1,828,422 SH   DFND   1,488,322 0 340,100
CBRE GROUP INC CL A 12504L109 188,201 2,195,272 SH   DFND   1,786,344 0 408,928
CBRE GROUP INC CL A 12504L109 213,021 2,484,783 SH   DFND 1 1,991,952 0 492,831
CITRIX SYS INC COM 177376100 144,376 1,231,145 SH   DFND   1,002,128 0 229,017
CITRIX SYS INC COM 177376100 162,872 1,388,861 SH   DFND 1 1,113,506 0 275,355
CME GROUP INC COM 12572Q105 173,197 814,355 SH   DFND   662,697 0 151,658
CME GROUP INC COM 12572Q105 196,258 922,785 SH   DFND 1 739,649 0 183,136
CREDIT ACCEP CORP MICH COM 225310101 66,382 146,180 SH   DFND 1 117,291 0 28,889
CREDIT ACCEP CORP MICH COM 225310101 58,621 129,089 SH   DFND   105,154 0 23,935
ECOLAB INC COM 278865100 184,891 897,662 SH   DFND   730,441 0 167,221
ECOLAB INC COM 278865100 209,657 1,017,901 SH   DFND 1 815,790 0 202,111
ENTEGRIS INC COM 29362U104 144,230 1,172,888 SH   DFND 1 938,686 0 234,202
ENTEGRIS INC COM 29362U104 128,013 1,041,007 SH   DFND   847,524 0 193,483
EQUIFAX INC COM 294429105 243,521 1,016,746 SH   DFND   827,303 0 189,443
EQUIFAX INC COM 294429105 275,157 1,148,832 SH   DFND 1 920,710 0 228,122
FACEBOOK INC CL A 30303M102 199,094 572,586 SH   DFND   466,139 0 106,447
FACEBOOK INC CL A 30303M102 224,511 645,684 SH   DFND 1 517,227 0 128,457
FASTENAL CO COM 311900104 142,332 2,737,157 SH   DFND   2,227,708 0 509,449
FASTENAL CO COM 311900104 160,268 3,082,076 SH   DFND 1 2,468,198 0 613,878
FIDELITY NATL INFORMATION SV COM 31620M106 289,209 2,041,424 SH   DFND 1 1,636,605 0 404,819
FIDELITY NATL INFORMATION SV COM 31620M106 255,638 1,804,462 SH   DFND   1,468,869 0 335,593
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 82,240 1,251,177 SH   DFND 1 1,002,480 0 248,697
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 72,822 1,107,889 SH   DFND   901,083 0 206,806
INTERCONTINENTAL EXCHANGE IN COM 45866F104 264,395 2,227,424 SH   DFND 1 1,785,224 0 442,200
INTERCONTINENTAL EXCHANGE IN COM 45866F104 234,215 1,973,163 SH   DFND   1,606,304 0 366,859
IQVIA HLDGS INC COM 46266C105 130,416 538,198 SH   DFND   437,878 0 100,320
IQVIA HLDGS INC COM 46266C105 147,743 609,702 SH   DFND 1 488,661 0 121,041
MICROSOFT CORP COM 594918104 144,706 534,166 SH   DFND 1 428,005 0 106,161
MICROSOFT CORP COM 594918104 128,131 472,983 SH   DFND   385,134 0 87,849
MOODYS CORP COM 615369105 95,658 263,978 SH   DFND   214,956 0 49,022
MOODYS CORP COM 615369105 108,358 299,026 SH   DFND 1 239,886 0 59,140
NIELSEN HLDGS PLC SHS EUR G6518L108 55,991 2,269,589 SH   DFND 1 1,821,937 0 447,652
NIELSEN HLDGS PLC SHS EUR G6518L108 49,429 2,003,611 SH   DFND   1,629,402 0 374,209
PRIMERICA INC COM 74164M108 71,525 467,053 SH   DFND   380,048 0 87,005
PRIMERICA INC COM 74164M108 81,268 530,681 SH   DFND 1 425,582 0 105,099
S&P GLOBAL INC COM 78409V104 515,646 1,256,294 SH   DFND 1 1,007,555 0 248,739
S&P GLOBAL INC COM 78409V104 455,923 1,110,787 SH   DFND   904,042 0 206,745
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 132,528 1,839,138 SH   DFND   1,497,140 0 341,998
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 150,073 2,082,612 SH   DFND 1 1,670,116 0 412,496
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 228,026 1,897,682 SH   DFND 1 1,521,364 0 376,318
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 201,568 1,677,500 SH   DFND   1,365,454 0 312,046
THERMO FISHER SCIENTIFIC INC COM 883556102 217,028 430,209 SH   DFND   350,150 0 80,059
THERMO FISHER SCIENTIFIC INC COM 883556102 245,405 486,461 SH   DFND 1 389,893 0 96,568
TRINET GROUP INC COM 896288107 146,931 2,027,194 SH   DFND 1 1,625,478 0 401,716
TRINET GROUP INC COM 896288107 129,874 1,791,865 SH   DFND   1,458,770 0 333,095
VERISIGN INC COM 92343E102 216,476 950,750 SH   DFND 1 761,671 0 189,079
VERISIGN INC COM 92343E102 190,824 838,088 SH   DFND   681,813 0 156,275
VISA INC COM CL A 92826C839 269,494 1,152,572 SH   DFND   938,294 0 214,278
VISA INC COM CL A 92826C839 304,449 1,302,067 SH   DFND 1 1,043,697 0 258,370
WILLIS TOWERS WATSON PLC LTD SHS G96629103 207,121 900,447 SH   DFND 1 721,971 0 178,476
WILLIS TOWERS WATSON PLC LTD SHS G96629103 183,082 795,941 SH   DFND   647,841 0 148,100
ZOETIS INC CL A 98978V103 196,207 1,052,838 SH   DFND   857,027 0 195,811
ZOETIS INC CL A 98978V103 221,942 1,190,929 SH   DFND 1 955,673 0 235,256