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
ABIOMED INC COM 003654100 9,167 29,370 SH   SOLE   29,370 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 10,694 72,350 SH   SOLE   72,350 0 0
ALIGN TECHNOLOGY INC COM 016255101 10,368 16,969 SH   SOLE   16,969 0 0
AMERICAN EXPRESS CO COM 025816109 10,735 64,968 SH   SOLE   64,968 0 0
ANSYS INC COM 03662Q105 75,152 216,539 SH   SOLE   216,539 0 0
ASPEN TECHNOLOGY INC COM 045327103 8,914 64,809 SH   SOLE   64,809 0 0
AVALARA INC COM 05338G106 11,143 68,868 SH   SOLE   68,868 0 0
BOOKING HOLDINGS INC COM 09857L108 8,831 4,036 SH   SOLE   4,036 0 0
BROWN FORMAN CORP CL B 115637209 10,000 133,439 SH   SOLE   133,439 0 0
CAE INC COM 124765108 9,945 322,475 SH   SOLE   322,475 0 0
CARMAX INC COM 143130102 9,146 70,816 SH   SOLE   70,816 0 0
CATALENT INC COM 148806102 9,499 87,858 SH   SOLE   87,858 0 0
CLOROX CO DEL COM 189054109 8,845 49,166 SH   SOLE   49,166 0 0
CONSTELLATION BRANDS INC CL A 21036P108 9,568 40,907 SH   SOLE   40,907 0 0
COSTAR GROUP INC COM 22160N109 9,260 111,810 SH   SOLE   111,810 0 0
CYBERARK SOFTWARE LTD SHS M2682V108 9,313 71,489 SH   SOLE   71,489 0 0
DOLBY LABORATORIES INC COM CL A 25659T107 9,266 94,268 SH   SOLE   94,268 0 0
DOMINOS PIZZA INC COM 25754A201 11,671 25,019 SH   SOLE   25,019 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 11,379 109,864 SH   SOLE   109,864 0 0
ELECTRONIC ARTS INC COM 285512109 9,812 68,218 SH   SOLE   68,218 0 0
ENTEGRIS INC COM 29362U104 10,112 82,232 SH   SOLE   82,232 0 0
FACTSET RESH SYS INC COM 303075105 10,011 29,830 SH   SOLE   29,830 0 0
FASTENAL CO COM 311900104 27,219 523,439 SH   SOLE   523,439 0 0
FERRARI N V COM N3167Y103 9,229 44,789 SH   SOLE   44,789 0 0
FORTINET INC COM 34959E109 46,094 193,517 SH   SOLE   193,517 0 0
GARTNER INC COM 366651107 12,192 50,337 SH   SOLE   50,337 0 0
GRACO INC COM 384109104 9,790 129,323 SH   SOLE   129,323 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 84,041 708,015 SH   SOLE   708,015 0 0
INTUIT COM 461202103 11,769 24,011 SH   SOLE   24,011 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 11,436 12,435 SH   SOLE   12,435 0 0
IPG PHOTONICS CORP COM 44980X109 9,301 44,129 SH   SOLE   44,129 0 0
IQVIA HLDGS INC COM 46266C105 38,071 157,111 SH   SOLE   157,111 0 0
ISHARES TR MSCI ACWI ETF 464288257 807 7,980 SH   SOLE   7,980 0 0
JD.COM INC SPON ADR CL A 47215P106 8,950 112,147 SH   SOLE   112,147 0 0
LAUDER ESTEE COS INC CL A 518439104 10,062 31,632 SH   SOLE   31,632 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 9,508 108,554 SH   SOLE   108,554 0 0
MARKEL CORP COM 570535104 29,354 24,736 SH   SOLE   24,736 0 0
MARKETAXESS HLDGS INC COM 57060D108 8,777 18,933 SH   SOLE   18,933 0 0
MASIMO CORP COM 574795100 9,701 40,011 SH   SOLE   40,011 0 0
MATCH GROUP INC NEW COM 57667L107 10,786 66,887 SH   SOLE   66,887 0 0
MCCORMICK & CO INC COM NON VTG 579780206 9,265 104,900 SH   SOLE   104,900 0 0
MERCADOLIBRE INC COM 58733R102 9,722 6,241 SH   SOLE   6,241 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 11,012 7,949 SH   SOLE   7,949 0 0
MOODYS CORP COM 615369105 11,166 30,814 SH   SOLE   30,814 0 0
MSCI INC COM 55354G100 33,168 62,220 SH   SOLE   62,220 0 0
NEW YORK TIMES CO CL A 650111107 8,233 189,039 SH   SOLE   189,039 0 0
PERKINELMER INC COM 714046109 35,185 227,866 SH   SOLE   227,866 0 0
POOL CORP COM 73278L105 12,224 26,651 SH   SOLE   26,651 0 0
RESMED INC COM 761152107 98,161 398,187 SH   SOLE   398,187 0 0
S&P GLOBAL INC COM 78409V104 10,704 26,079 SH   SOLE   26,079 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 32,867 566,963 SH   SOLE   566,963 0 0
SERVICE CORP INTL COM 817565104 9,721 181,389 SH   SOLE   181,389 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 9,773 50,967 SH   SOLE   50,967 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102 9,590 34,798 SH   SOLE   34,798 0 0
STARBUCKS CORP COM 855244109 9,505 85,014 SH   SOLE   85,014 0 0
STONECO LTD COM CL A G85158106 31,685 472,489 SH   SOLE   472,489 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 10,161 20,142 SH   SOLE   20,142 0 0
TRADEWEB MKTS INC CL A 892672106 10,508 124,263 SH   SOLE   124,263 0 0
TRANSUNION COM 89400J107 11,219 102,163 SH   SOLE   102,163 0 0
TRIMBLE INC COM 896239100 9,721 118,799 SH   SOLE   118,799 0 0
TRIP COM GROUP LTD ADS 89677Q107 8,495 239,552 SH   SOLE   239,552 0 0
TYLER TECHNOLOGIES INC COM 902252105 9,792 21,645 SH   SOLE   21,645 0 0
ULTA BEAUTY INC COM 90384S303 10,276 29,720 SH   SOLE   29,720 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 8,876 39,922 SH   SOLE   39,922 0 0
VERISIGN INC COM 92343E102 29,507 129,593 SH   SOLE   129,593 0 0
VERISK ANALYTICS INC COM 92345Y106 9,238 52,872 SH   SOLE   52,872 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 8,906 44,171 SH   SOLE   44,171 0 0
WABTEC COM 929740108 9,630 117,012 SH   SOLE   117,012 0 0
WATSCO INC COM 942622200 10,151 35,414 SH   SOLE   35,414 0 0