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
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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 Systems Incorporated COM 00724F101 23,069 50,633 SH   SOLE   19,228 0 31,405
Alibaba Group Hldg Ltd SPONSORED ADS 01609W102 7,705 70,815 SH   SOLE   24,684 0 46,131
Alphabet Inc CAP STK CL C 02079K107 59,538 21,317 SH   SOLE   9,776 0 11,541
Amazon Com Inc COM 023135106 66,523 20,406 SH   SOLE   8,844 0 11,562
AON Plc SHS CL A G0403H108 51,674 158,689 SH   SOLE   66,807 0 91,882
Apple Inc COM 037833100 27,834 159,404 SH   SOLE   57,807 0 101,597
Becton Dickinson & Co COM 075887109 1,161 4,364 SH   SOLE   0 0 4,364
Berkshire Hathaway Inc Del CL B NEW 084670702 9,557 27,081 SH   SOLE   0 0 27,081
Berkshire Hathaway Inc Del CL A 084670108 3,702 7 SH   SOLE   0 0 7
Booking Holdings Inc COM 09857L108 17,397 7,408 SH   SOLE   3,294 0 4,114
CBRE Group Inc CL A 12504L109 36,950 403,742 SH   SOLE   165,570 0 238,172
Coca Cola Co COM 191216100 5,664 91,349 SH   SOLE   0 0 91,349
Colgate Palmolive Co COM 194162103 17,634 232,545 SH   SOLE   99,311 0 133,234
Copart Inc COM 217204106 38,499 306,836 SH   SOLE   120,695 0 186,141
CoStar Group Inc COM 22160N109 36,344 545,620 SH   SOLE   232,844 0 312,776
Equifax Inc COM 294429105 2,608 11,000 SH   SOLE   0 0 11,000
Fair Isaac Corp COM 303250104 359 769 SH   SOLE   0 0 769
Ferrari N V COM N3167Y103 7,811 35,814 SH   SOLE   22,928 0 12,886
Globe Life Inc COM 37959E102 226 2,250 SH   SOLE   0 0 2,250
HDFC Bank LTD SPONSORED ADS 40415F101 21,330 347,791 SH   SOLE   143,521 0 204,270
Intuit COM 461202103 22,078 45,916 SH   SOLE   17,911 0 28,005
Johnson & Johnson COM 478160104 1,500 8,465 SH   SOLE   0 0 8,465
JPMorgan Chase & Co COM 46625H100 10,383 76,169 SH   SOLE   35,532 0 40,637
Lauder Estee Cos Inc CL A 518439104 23,404 85,942 SH   SOLE   39,548 0 46,394
Marsh & McLennan Cos Inc COM 571748102 38,290 224,681 SH   SOLE   100,424 0 124,257
Mastercard Incorporated CL A 57636Q104 67,895 189,981 SH   SOLE   77,951 0 112,030
Meta Platforms Inc CL A 30303M102 30,810 138,559 SH   SOLE   54,331 0 84,228
Microsoft Corp COM 594918104 72,208 234,207 SH   SOLE   93,885 0 140,322
Moodys Corp COM 615369105 63,235 187,413 SH   SOLE   74,847 0 112,566
MSCI Inc. COM 55354G100 45,425 90,330 SH   SOLE   41,877 0 48,453
Nike Inc CL B 654106103 41,454 308,071 SH   SOLE   121,659 0 186,412
PayPal Hldgs Inc COM 70450Y103 8,996 77,788 SH   SOLE   36,576 0 41,212
Pepsico Inc COM 713448108 24,378 145,646 SH   SOLE   56,870 0 88,776
Procter and Gamble Co COM 742718109 21,753 142,359 SH   SOLE   60,754 0 81,605
Progressive Corp COM 743315103 41,517 364,216 SH   SOLE   160,786 0 203,430
S&P Global Inc COM 78409V104 18,975 46,261 SH   SOLE   19,903 0 26,358
Salesforce Com Inc COM 79466L302 1,078 5,076 SH   SOLE   0 0 5,076
Schwab Charles Corp COM 808513105 18,305 217,110 SH   SOLE   75,044 0 142,066
Stryker Corporation COM 863667101 1,722 6,442 SH   SOLE   0 0 6,442
Unilever PLC SPON ADR NEW 904767704 14,816 325,135 SH   SOLE   143,369 0 181,766
US Bancorp Del COM NEW 902973304 224 4,221 SH   SOLE   0 0 4,221
Verisk Analytics Inc COM 92345Y106 44,009 205,046 SH   SOLE   85,668 0 119,378
Visa Inc COM CL A 92826C839 11,018 49,684 SH   SOLE   18,925 0 30,759